worldtradex Review ️ Unbiased Pros and Cons Revealed 2025

Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available. MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. According to the terms of the withdrawal, you can receive only the deposited amount via the payment method.

You might begin by replicating the tactics of worldtradex’s Strategy Provider(s) and building your own customised portfolio. You can connect your account to the worldtradex AutoTrade platform and have access to one of the market’s most complete automatic trading solutions. With this innovative technology, you can still have total control over your trading experience by choosing who you wish to copy. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research.

• It’s great that they serve clients from all different backgrounds and with different religious beliefs.
• All content on this site is for informational purposes only and does not constitute financial advice.
• Unfortunately, that’s the only research product available at the site, other than a single “Week Ahead” video and no video archive.
• They give you convenient access to a generous range of trading instruments across multiple markets.

This kind of silence and lack of transparency is unacceptable for any broker.If this is not resolved soon, I will continue sharing my experience across trader forums to warn others. The accounts of EU traders are protected up to EUR 20,000 via the Investor Compensation Fund (ICF) of Cyprus. Founded in 2010, worldtradex is an online broker based in Cyprus that also offers Contract for Difference (CFD) trading in over 200 tradable assets.

worldtradex Account Types

I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine market developments from different angles and exploit the underlying trading opportunities in multiple ways. Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with.

We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have traded with worldtradex we would really like to know about your experience – please submit your own review. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. Traders can use the free MT4 download to install the platform on desktop devices, including Mac.

Indices represent the collective value of underlying publicly-traded companies. 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. I cannot find any reason for the platform to lack popularity, considering its services. Sure I would like to see a few improvements on the platform, but it is really darn fine. The broker should consider releasing metatrader 5 platform to provide us with more charting and analytical tools more advanced.

However, I also spotted that the broker’s website does not display live spread data. Overall, I concluded that worldtradex is an excellent choice for day traders, copy traders, and algorithmic traders. While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.

Additional Features

• Founded in 2013, Tradingpedia aims at providing its readers accurate and actual financial news coverage.
• worldtradex is a globally recognized leader in online forex trading, providing traders with various innovative solutions and exceptional service.
• Digital wallets or e-wallets are fast, secure, and convenient methods to send and receive electronic payments.

worldtradex serves a significant number of clients across Europe, providing services in countries such as the United Kingdom, Germany, France, Italy, Spain, Greece, Portugal, Sweden, Norway, and more. worldtradex provides trading platforms that are easy to interact with and compatible with the needs of all levels of traders. The broker provides access to the most well-known MetaTrader 4 trading platform across 10 devices.

Trading Platform

worldtradex offers a range of exciting bonus offers and promotions designed to enhance your trading experience and increase your potential for success. These bonuses include deposit boosters, exclusive trading competitions, and opportunities for both live and demo traders. Whether you’re a beginner or an experienced trader, worldtradex provides the tools and support you need to succeed. However, potential users should carefully assess the risks involved in forex trading and ensure it aligns with their financial goals. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis.

On the other hand, worldtradex or its parent company are not traded as a public company. In addition, worldtradex does not accept clients from a few countries, such as the USA, Cuba, Sudan, Syria and North Korea. One thing in particular I like that sets worldtradex apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities. Going beyond daily operations, they engage with local communities, assisting in medical research and education.

worldtradex is authorized and regulated by the Financial Sector Conduct Authority. In addition, the broker provides affiliates, professionals and investment portfolio managers with a Personal Multi Account Manager (PMAM). worldtradex also offers a virtual private server (VPN) that provides enhanced connection speed, continuous uptime and added security. The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at worldtradex.

worldtradex’s offering includes valuable marketing resources, seamless onboarding, Worldtradex courses scam and a supportive portal for real-time tracking of referrals and commissions. I found worldtradex’s selection of tradable instruments diverse enough to accommodate most trading strategies. The broker offers gold and silver CFDs denominated in EUR and USD so that traders whose accounts are also denominated in the same currencies do not have to pay a conversion fee. worldtradex could improve its offering by including vanilla options or Asian stocks. worldtradex offers commission-free trading and floating spreads from 0.9 pips on its No Commission account. My test indicated that the spreads on this account are broadly average to high compared to the industry benchmark.

I invested quite a lot of money here

Furthermore, the charitable work they do is very commendable and good for the community. The broker offers industry leading products and services that I think can be a great option for retail and institutional clients alike. I like how they have strict regulation in multiple jurisdictions and are well respected within the industry. The high quality of their services has been acknowledged by the numerous international awards that they have won over the years. If you are looking for a reliable trading broker with everything that you need in once place and much more, worldtradex are a top choice.

The ECN broker manages to consolidate quotes from several participants, which is why spreads here start from 0.0 pips and are typically very tight. A commission is charged, however, because the broker needs to be compensated in some way. Digital wallets or e-wallets are fast, secure, and convenient methods to send and receive electronic payments. worldtradex accepts several different e-wallets such as the widely popular Neteller and Skrill, as well as FasaPay, a Malaysian e-wallet that is accepted by various FX brokers. In addition, the broker accepts several instant banking transfer services, which are available locally – Union Pay for Chinese customers, DotPay for Polish traders, etc. worldtradex continues to expand its global reach and offers services in many other countries, including Canada (with specific regulations) and select jurisdictions in the Caribbean.

worldtradex holds a mixed reputation online, with both positive and negative reviews from users. While many traders appreciate the broker’s competitive spreads and educational resources, some users report slow withdrawal processing times and occasional customer service issues. Overall, worldtradex maintains a strong market presence and continues to be a popular choice among traders, despite a few drawbacks. I think there is more than enough for everyone to find something that they would like to trade. You can choose from a great variety of trading platforms with low pricing and fast execution speeds. worldtradex proves to be a reliable and innovative choice for both novice and experienced traders alike.

After reviewing the broker’s legal documents, I found everything to be in order. The Client Agreement is easily accessible on the website, with all relevant information presented clearly and in an easy-to-understand format. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection.

Categorised in: Forex Trading

This post was written by vladeta