worldtradex does not charge a handling fee for deposits and withdrawals, though third-party banking fees may apply. The broker has also issued a 3% inactivity fee that is charged whenever a client has deposited funds and then requested a withdrawal without having executed a single trade. I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning worldtradex’s high level of fee transparency. I also discovered that the broker has a ‘best execution policy’, guaranteeing that traders’ orders will be filled under the most favorable price quotes under the prevailing market sentiment. We pride ourselves on being able to offer a wide variety of assets to trade, and we’re happy that you’ve https://worldtradex.blog/ been able to take advantage of that. It’s essential to note that the same payment method used for deposits must also be used for withdrawals.

• In addition to the bonus program, worldtradex provides a range of educational materials to support traders in their learning journey.
• Being honest, when I opened the mt 4 platform I was so confused and didn’t know what to do.
• worldtradex, established in 2018, is a well-regarded online trading platform, regulated and authorized by the Seychelles Financial Services Authority.
• When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage.

it’s said it’s a beginner-friendly broker…

Yes, seems a little odd from the first glance, perhaps like an outdated website (perhaps…). About that, they dont hide the guys with bad WR, its still transparent and you can follow whichever provider you like ,this is how they earned my trust. Finally, investing and trading involves risks and you are advised to perform due diligence before investing and stay away from unregulated and high-risk trading platforms to avoid potential scams. I quite enjoyed worldtradex’s educational guides covering very basic trading topics that novice traders are likely to ask. They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point.

worldtradex Reviews

To be honest, it was kind of scary to open a large position for the first time. But i have done a good job and closed it pretty quickly. I invested some money knowing it was a risk, as all trading is. My investment doubled over night.I had a call 2 days in from my account manager pressuring me to invest more money.

For some experienced traders that are looking for copy trading, social trading and EAs this is not a good choice. With all due respect to FSA and other authorities, they are all lower tier for a reason. A regulated broker can provide you with security, proper education about trading, and stable trading conditions without a doubt. We’re glad to hear that you had a positive experience with our withdrawal process. Our goal is to make every aspect of your trading experience as seamless as possible, and we’re glad to have exceeded your expectations. Hi Ahman Haroon,Thank you for sharing your positive experience with Chris.

I guess it’s okay, you can trade and earn the biggest part of money from the deal.Besides, Metatrader rarely has serious glitches preventing normal trading. On the other hand, worldtradex does not offer any alternative trading platforms and does not incorporate any third-party tools. Moreover, I evaluated its trading fees to exceed the industry average. worldtradex offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment.

Being honest, when I opened the mt 4 platform I was so confused and didn’t know what to do. 😂It was my first time trading on the platform and I never would have imagined that it would be so strange to use https://worldtradex.pro/ the platform for opening deals. Anyway, the more I was using it the faster I was adapting to this. I like how many educational resources they have for newbies.

Where is worldtradex based?

It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry. The broker operates on a Straight-Through-Processing (STP) basis without a dealing desk. Order requests are transmitted to the interbank level, where worldtradex’s liquidity providers fill them. As long as there is enough liquidity in the market, all order requests will be filled at varying speeds. I did not find any specific feature in worldtradex’s offering to say that the broker is better suited for high-frequency or longer-term trading. The easiest way to get in touch with worldtradex is live chat, which is available from the bottom-right corner of the main page.

Some features and services may vary depending on where you reside and which entity you open an account with. As we mentioned about worldtradex reviews, clients had issues with withdrawals. You can’t withdraw profits until you make a rollover at least 20 times bigger than your deposit plus bonus. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review.

worldtradex Regulations

worldtradex is a well-established online trading platform that offers a compelling range of features and benefits to traders. With its robust regulation by the Seychelles Financial Services Authority, diverse account options, flexible spreads, and an array of educational resources, it stands out as a competitive choice in the trading industry. With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, worldtradex caters to the needs of both beginners and seasoned professionals.

What is the minimum deposit for worldtradex?

However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection. Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid. That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand. worldtradex and its services are generally geared towards copy trading.

You can set up a demo account for yourself alongside your live CFD account. I consider the chart screen a platform’s most important feature. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities.

The broker offers access to a diverse portfolio of over 300 tradable instruments across major asset categories. We’re dedicated to providing our clients with a wide range of educational materials, and we’re thrilled to hear that you have found them helpful. We believe that education is a crucial aspect of successful trading, and we’re here to support you in your journey.

I also appreciated the vast amount of over 150 written articles that are available from worldtradex’s blog section of the website. Traders also have access to the broker’s four educational e-books. When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.