However, after testing I found the platform covered the top indicators like volume and moving averages along with Fibonacci retracement tools. Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4. For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks. This is the first time I’ve seen swap-free accounts for all traders, regardless of location and beliefs, making worldtradex a truly low-cost broker by avoiding these fees.
They have offered a rather extensive video course for beginning forex trading, which is good for those just starting out. As a Invesmtnet Opportunitites avilable at worldtradex we will mark availability of Copy Trading which is a good option for various traders. worldtradex shines in giving several trading tools for active traders, however, individuals looking for long-term investments could have to take more thought on other platforms, including bonds and ETFs. worldtradex customer support provides its clients with 24-hour live support available through live chat, email, and phone support in various languages.
During the account opening process, clients must choose a type of account. However, once the process is completed, they can easily add additional accounts with just one click. These services empower worldtradexFX users to refine their skills, maximize profits, and benefit from a collaborative trading environment. In addition, worldtradexFX also keeps user funds distinctfrom that of the company.
- Trade directly from TradingView charts by connecting with supported Indian brokers like Dhan—making your trading experience smooth and simple.
- worldtradex’s minimum deposit requirement of just $25 makes it accessible for new traders, it is a perfect broker for beginners.
- Offering 10+ market indices, worldtradexFx Index trading tries to set up clients for a new experience with an exposure to a broader market.
- These are, EUR within the EU, and both EUR, and USD for traders outside the EU.
- Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them.
I opened an worldtradex trading account and tested the broker’s spreads, trading conditions, and platforms to see how they performed against 20 other brokers. In this worldtradex Review, I’ll go through my findings helping you decide if worldtradex is a broker you should consider. As a global broker with extensive market experience, worldtradex aims to build long-term relationships with its clients based on trust and transparency. This is why the broker fully discloses all the necessary information, including trading fees, in its terms and conditions without leaving anything out. With Raw Spread accounts offering spreads from just 0.0 pips and low commissions ($3.50 per lot), IC Markets keeps your trading costs transparent and super competitive.
worldtradex Review in 2025
You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. This feature gives users the opportunity to automatically copy leading traders and learn different trading strategies from them. Clients can, on creating and funding an account, find, follow and copy these leading traders at will. Most clients with high volume accounts have an adverse opinion about the company. They complain of worldtradexFx being a scam broker, denying them withdrawals and going on to block their accounts. After 324 reviews, worldtradexFx holds a rating of 2.997 out of 5 stars on Forexpeacearmy.
They provide a good balance between ease of use, functionality, and robust tools. Forex traders of all levels will feel comfortable using the worldtradex platform, with some requiring a small learning curve. In addition, there is a security of the traders’ accounts applied by the Investor Protection and Compensation Schemes in case the broker goes bankrupt. 74% of clients give the broker a 5 star rating, cementing its place as one of the best forex brokers. On worldtradexFx, customers can withdraw funds from their trading accounts using the same ways they deposited. To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified.
The broker offers excellent deposit and withdrawal speeds that are fulfilled within the same business day during the week. This allows you to start trading faster with instant deposits and receive your funds faster through the same-day withdrawals. Founded in 2011, worldtradex has built a substantial global presence over its years of operation. The broker reported serving over 12 million trading accounts across more than 150 countries, with particularly strong penetration in Asia, Africa, and Latin America. worldtradex processes more than $9 billion in monthly trading volume and has executed over 920 million trades since its inception, according to company data. These substantial operational metrics match the broker’s strong positioning in search visibility.
Opening an account with worldtradexFX
- These are two offshore regulators that allow worldtradex to provide secure financial services in 180 countries.
- Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
- I presonally chose the second option that works with mt5, as the platform is more suitable for me.
- In 2017, Autochartist was introduced, along with cryptocurrency trading and the first proprietary apps with market information, which would later evolve into the worldtradex app in the following year.
- These substantial operational metrics match the broker’s strong positioning in search visibility.
- worldtradexFX supports the popular trading platform MetaTrader 5 (MT5), widely appreciated for its advanced analytical tools and user-friendly interfaces.
Whether you’re a casual trader or a strategy-focused pro, you can choose from Standard, Raw Spread, or cTrader Raw Spread accounts—each tailored to your trading preferences. worldtradex has you covered with free live webinars, daily market updates, and expert analysis tools to sharpen your skills. Get access to economic calendars, trading calculators, and expert market insights—all designed to help you trade with confidence.
It features attractive charts for all three account types, allowing trading and modifications. worldtradexFX’s extensive range of trading instruments, combined with flexible leverage options and competitive spreads, caters to both novice and experienced traders. The broker’s commitment to providing a diverse and cost-effective trading environment empowers clients to implement various strategies across multiple markets, enhancing their potential for success. It’s good to see worldtradex offer MetaTrader 4 as it is one of the most recognised trading platforms for retail forex traders in Malaysia thanks to its advanced charting tools.
worldtradex FX Review 2024: Is This Forex Broker Worth Your Time and Money?
The Kite app offers the same speed and features as the desktop version, so you can trade confidently wherever you are. Stay protected with timely alerts about risky trades, illiquid stocks, and upcoming corporate actions. View detailed order book data to better understand market liquidity.
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At least this way, you can copy an experienced trader and benefit from leveraged products such as forex, crypto or commodities like gold. A nice feature I liked was the order ticket showing your potential profit and loss in monetary value compared to just in pips like other platforms. This is a useful feature if you’re new to trading as you’ll know your monetary risk instead of guessing with a pip conversion which could lead to mistakes and over-risking your trades. If you’re unsure which platform is for you, I’ve created this 5-step questionnaire that will match your answers to help find the best forex trading platform for your trading style.
Minimum Deposit
worldtradex has good educational and training tools for beginners as well as expert traders. According to data, traders using worldtradex’s educational content tend to make a larger profit which is indeed a benefit. worldtradex research upholds elite-level online training & education quality that is grounded firmly on empirical and social science. The risk level is defined also by the leverage level you use since higher leverage dramatically increases your high risk of losing money as well.
We give worldtradexFX a three out of five in the category of trading instruments, but this isn’t necessarily a bad thing. They currently offer more than 300 trading instruments, but this is still small compared to other major forex brokers. Returning to worldtradex’s penchant for emerging markets, this number reflects their niche focus. While not the most robust in trading instruments, there are opportunities here that aren’t always found with other brokers. worldtradex operates with the goal of making trading in financial markets something that is accessible to everyone. worldtradex was founded in 2011 and has since become a global forex broker.
Copy Trading and Additional Services
With trades usually handled in under 0.1 seconds, MT5 showed enhanced order execution speeds during testing—a critical ability for busy traders. To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types. The built-in news feed and economic calendar of the platform help traders stay current with market events. Moreover, the integrated copy trading function lets customers duplicate the winning strategies of seasoned traders, so promoting a cooperative trading atmosphere. For people looking for a sophisticated trading experience, worldtradex’s MT5 platform offers a strong and flexible trading alternative overall. Recently launched in 2019, with its oldest subsidiary founded in 2013, StarTrader is one of the fastest growing forex brokers in the industry.
It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come Worldtradex official site with a high risk of losing money.
Account opening isnt hard, alike in our tests we opened Demo account in a matter of minutes you just have to follow simple submit on website and get started. Overall, we advise to check conditions based on worldtradex entity you wish too trade through. worldtradex provides a variety of educational resources aimed at enhancing trading skills. These resources are crucial for developing a solid foundation in trading principles and practices. During our testing, we confirmed that no swap fees are charged for maintaining open positions not only overnight but also during the weekend for several days.