worldtradex Review and Rating in 2025
Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The Absolute Zero Account is an STP account and has no commissions on trades. The minimum deposit required for this account is $500 and once again, clients can register SD, EUR or JPY as their base currency.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- The app has received good reviews on both the App Store and Google Play, making it a reliable choice for traders who prefer trading on their mobile devices.
- He is a long-time active investor and engages in research on emerging markets like cryptocurrency.
- Remember, while worldtradex strives to process all transactions quickly, external factors like bank processing times can affect the speed of withdrawals.
- Our content production team (text, images, videos, software, Chrome extensions, audio, etc.) works independently.
Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications.
worldtradex Trading Platforms
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. It supports the MetaTrader 4 platform but does not offer MetaTrader 5 or a proprietary trading platform other than its copy trading app, TradeCopier. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. worldtradex has established itself as a global force in the online trading industry. With over a decade of experience, this broker has built a reputation Worldtradex official site for providing top-notch trading services to retail and institutional clients worldwide. TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site.
worldtradex is the trade name of Notesco Limited, a company registered in Bermuda and headquartered in Cyprus. The broker is regulated in multiple jurisdictions, including Cyprus where it has a license from CySEC. For clients based in the United Kingdom, it is regulated by the Financial Conduct Authority (FCA), which is among the most respected financial regulators in the world.
worldtradex Account Types
The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” MetaTrader 4 or MT4 can be downloaded directly from the worldtradex website for those who prefer the downloadable software package. With it, clients have access to more than 200 financial instruments in Forex, shares, spot indices, spot metals, futures, and commodities. The platform is fully customizable and offers advanced charting and a wide range of indicators, as well as useful Activity Reports, and online streaming news. worldtradex, founded in 2010, is a forex and CFD broker regulated by multiple authorities, including ASIC, FCA, and under MiFID regulations.
It’s important to note that worldtradex doesn’t have in-activity, desposit, or withdrawal fees.
Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. However, worldtradex broker’s main weaknesses are its lack of offering MT5 trading platform and higher-than-average spreads on Standard (1.6 pips), Premium (1.4 pips), and VIP (1.2 pips). By providing these free, easy-to-digest educational materials, worldtradex aims to empower traders with the knowledge they need to navigate the financial markets confidently. These account types are perfect for traders who don’t want to pay commission on thier trades.
Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Have been with it for few years, and sure it lacks some features, but in that same time all the ‘hype’ brokers disappeared. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
- These bonuses can significantly boost your trading capital, allowing you to explore new strategies with less risk.
- It’s worth noting that Trustpilot has detected and removed some fake reviews for worldtradex, indicating they take review integrity seriously.
- The platform is fully customizable and offers advanced charting and a wide range of indicators, as well as useful Activity Reports, and online streaming news.
- The Absolute Zero Account is an STP account and has no commissions on trades.
- Participating in financial markets involves high risk, which can result in the loss of part or all of your investment.
The worldtradex website is available in many different languages, while the MT4 platform can be opened in even more, which makes it suitable for traders from all over the world. When registering their account, worldtradex can opt for the following languages – English, German, Spanish, French, Italian, Portuguese, Polish, Russian, Japanese, Arabic, Korean, and Chinese. The payment method also comes with the PMA token, which is the means of value in the PumaPay system and works like most cryptocurrencies. With the Premium account, I enjoyed faster trade execution and improved order management.
This type of trading allows investors to speculate and make a profit by taking long or short positions, use leverage and enjoy tight spreads and a 0.10% commission taken by worldtradex. Besides, shares, especially when traded from long-term positions, are very stable and provide a reliable generation of profit. MT4 is ideal for forex traders, offering advanced charting tools and a variety of indicators. MT5 offers more advanced capabilities, such as additional timeframes and more order types, which might appeal to traders looking for more flexibility in their strategies. Things are different for silver and platinum – silver is still traded for industrial purposes, as platinum, which is also much rarer than silver or gold. With tight spreads as low as 0.04 and 1% margin requirements, worldtradex offers its clients a great opportunity to profit from the global gold and silver markets.
worldtradex broker Account Types
worldtradex is an online forex and CFD broker that offers a wide range of trading instruments and services designed for both novice and experienced traders. It is well-known for its competitive spreads, various account types, and access to popular trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These features make worldtradex an appealing choice for beginner traders who are looking to start their trading journey with a trusted broker. worldtradex provides a solid and comprehensive platform for beginners, with user-friendly tools, educational resources, and competitive trading conditions. While the broker faces some customer service complaints and issues with withdrawal processing times, it remains a reputable choice for traders.
Spreads
ECN and VIP accounts are ideal for more experienced traders, offering lower spreads and additional features such as commission charges. worldtradex offers a variety of trading instruments that allow traders to diversify their portfolios. These instruments include forex, stocks, commodities, indices, and cryptocurrencies, making worldtradex a versatile broker for a wide range of trading strategies. Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning.
worldtradex Trading Instruments
An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Q: What is the Micro account?
The Premium Account is for traders who can afford to deposit at least $1,000. All base currencies can be registered and Premium Account holders will enjoy no commission on trades. The broker offers CFDs on several commodities, including Brent Crude and West Texas Intermediate (WTI) oil.
TradeCopier Platform allows automatic replication of trades from experienced traders in real-time, which is suitable for beginners, time-constrained traders, or those looking to diversify strategies. worldtradex offers an innovative copy trading solution through its TradeCopier platform. This allows traders to leverage the expertise of successful traders or share their own strategies with others. worldtradex provides traders with the MetaTrader 4 trading platform on various devices, including Android, iOS, Desktop, and Mac. This platform is also available on web browsers for traders who prefer not to download external apps. It is easy to be a part of fthem, and it is even entertaining to watch as other traders progress.The broker as not really as popular as it should be.