Also, there are no swaps on the MT5 and WorldTradextrader platforms from the broker. Furthermore, the spreads starts from 0.6 pips on different accounts; However, it depends on the instrument or the trading pair. WorldTradex is an international broker providing online trading services since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 160 countries with more than 42 million trading accounts. Dear Oluwakemi Omolabake Akande, Thank you for sharing your experience with WorldTradex. We are delighted to hear that you find our app to be a great platform and that your withdrawal transactions have been processed swiftly.
Fees, Spreads, and Commission
WorldTradex offers transparent and competitive trading conditions, with no commissions, no deposit or withdrawal fees, and floating spreads starting from 0.6 pips. Both the WorldTradexTrader and MetaTrader 5 (MT5) accounts follow the same fee structure, ensuring there are no hidden charges when placing trades. WorldTradex’s diverse selection of trading instruments, ranging from currency pairs and stocks to commodities and cryptocurrencies, makes it a versatile platform suited for a variety of trading strategies.
- In addition to its diverse selection of instruments, WorldTradex is dedicated to empowering traders with the tools they need to succeed.
- Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com.
- Electronic access and communication is also protected by a ‘SSL-secured Personal Area’, which has 128-bit encryption, and makes your browsing safe and your data inaccessible to any third parties.
- He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
- WorldTradex’s diverse selection of trading instruments, ranging from currency pairs and stocks to commodities and cryptocurrencies, makes it a versatile platform suited for a variety of trading strategies.
- It’s possible to access the WorldTradex services while on the move by using the WorldTradexTrader app, MetaTrader app or through internet browsers.
WorldTradexFX Broker Summary
I’d like to have seen an option for bank transfers as I feel most secure about this process. However, WorldTradex has e-wallet options through Neteller and Skrill were also a positive as they also provide instant funding like the Mastercard option. The FSC is deemed “offshore” as they are an authority that accepts clients from multiple countries like Malaysia, Singapore, or Australia without being directly regulated by the country’s financial authority. The profile for each trader was more detailed showing profit and loss, drawdown, and copy follower growth which I like to use as a leading indicator of trader performance.
I wish there is a screenshot uploading mechanism over here so that I can uncover their deceptive face to everyone.I am an honest ethics driven businessman and still doing my VPS business with such credibility. These types of unethical behavior practices followers are just cancer for others’ trust and as well as for the business organizations. I find that FPA is one of the few places where victims can tell their story of how cfd broker rips them off and has a chance at justice.
Since last week I started using WorldTradexfx
If you’re new https://worldtradex.pro/ to trading, we highly recommend visiting our extensive educational portal, where you can continuously learn and refine your skills with a variety of educational resources. We truly appreciate your trust in us, and if you need any further assistance, please don’t hesitate to reach out to us via live chat or email at We’re always available to assist you.Kind regards,WorldTradex Rep. With its low spreads, a wide range of tradable instruments, and multiple trading platforms, WorldTradex offers beginner and advanced traders a comprehensive and competitive trading experience.
The most authentic victim exposé on the forex and cfd industry
- This 2024 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers.
- In general, I enjoyed trading there, no limitations on assets and platform, easy payments, I consider this broker service trustworhty and convenient for me.
- I liked the daily webinars with professional traders that let you learn while trading in a live environment to experience how traders analyse the markets in real time.
- WorldTradexVision is a powerful tool for traders seeking to improve their decision-making and consistency.
- WorldTradex may be best suited if you are new to trading and live in a region where you require support in non-English languages, such as Southeast Asia.
- Yes, WorldTradex offers commission-free access to financial markets, allowing traders to focus on their investments without worrying about additional trading fees.
- This was frustrating when asking questions about their services and trading accounts as I felt they didn’t answer the question.
WorldTradexVision is an AI-powered tool that helps traders improve their performance by offering personalized analysis and feedback on their trading behavior. It provides insights to help traders track their progress and make informed decisions. WorldTradexVision is a cutting-edge AI-powered tool designed to enhance traders’ decision-making and skill development.
Popular Forex Reviews
To start copy trading with WorldTradex, sign up for an account, select a master trader, and configure your investment settings. The platform’s user-friendly interface and comprehensive support resources make leveraging seasoned traders’ expertise easy to enhance your trading outcomes. WorldTradex is a trusted global broker that offers a user-friendly platform, and a wide selection of tradable instruments.
The MetaTrader platforms are well known for facilitating copy trading and developing trading forums. Clients of WorldTradex are able to engage in the Expert Advisor and MQL5 areas of the MetaTrader site. During our testing, we did find that when we scaled up into maximum position size, we were able to get very close to using up our maximum margin capacity when executing. This is an observation rather than a criticism as it just demonstrates the way the site allows aggressive trading strategies to be carried out. With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be. WorldTradex is a global broker, who offers a new take on certain aspects of the retail brokerage space.