MetaTrader 4 is easy to navigate because of its simplistic design. It could be argued that MetaTrader set the standard for how retail platforms should be organized. It also supports automated trading via its Expert Advisors (EAs) feature. Meanwhile, the mobile app version of the platform supports trading on the go. My tests indicate that worldtradex’s swap charges meet the industry average. They are thus suitable for the execution of longer-term trading strategies, such as day and position trading.
Actually, this was the first place where I Worldtradex courses scam started trading futures contracts on indices and soft commodities. worldtradex had a familiar MT4 platform and reasonable fees for this type of asset. Though, I wanted more choices of accounts, especially expected from them some zero spreads accounts.
- We are truly sorry to hear about the challenges you’ve faced and understand how inconvenient this must have been.
- You can choose between the Standard, Premium, Privilege and Cent accounts.
- Additionally, the worldtradex group includes Damadah Holding Limited, which is based in Cyprus.
- Hello Barbara Campbell,We are so grateful that you took the time to write this excellent review!
worldtradex Trading Broker Review 2025
Hi Enrique,Thank you for your kind words about Thomas. Our team is made up of dedicated professionals, and we’re proud to see that he provided you with exceptional service. The Privilege account offers all the features of Standard and Premium accounts. The main difference is in the spreads, with an average spread of 1.1 pips. The MT4 platform is available as different versions, such as the desktop version and the mobile app.
I transfererd $1k into my trading account for a start via bank wire and it hit in 2 days.
Dear Kenji Leslie Orinas,Thank you for sharing your feedback. I consider myself an adept trader, and I have extensive experience in the trading world. So here is what I think about this broker and how it can help different traders.First of all, the broker is a respected name in many communities.
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. My analysis indicates that worldtradex’s fees are above the industry average, and the broker offers limited client protection.
The above articles are prepared by third parties and not worldtradex. By clicking on these links you will be leaving worldtradex.com. Any information on these websites is not considered investment advice or an investment recommendation, but instead a marketing communication.
Hello Anne Simpson,We are so grateful that you took the time to write this excellent review! We are always trying to improve our website and experiences for our customers.worldtradex ⚡️Empowering traders. With this I haven’t had any issues when it came to making payments either with my deposits or withdrawals because the platform provided various means of payment. While some investors might find certain regulatory restrictions, such as lower leverage limits, as a disadvantage, these restrictions are often implemented to protect traders from excessive risk. It’s essential to note that the same payment method used for deposits must also be used for withdrawals. This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards.
Is worldtradex regulated?
At least when it comes to executing penetrating technical analysis. My tests indicate that worldtradex’s trading fees exceed the industry average. Such a full-sized EURUSD position usually costs around $10. Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000.
Our educational materials are an important aspect of our commitment to providing our clients with the resources they need to succeed. We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our materials helpful.🤩 🥳worldtradex ⚡️Empowering traders. Dear Fred Markides,Thank you for sharing your feedback with us. Our team is here to guide you every step of the way and ensure you have the best possible experience with worldtradex.Best Regards, worldtradex ⚡️Empowering traders.
How to open a trading account at worldtradex
Available for both iOS and Android devices, the app offers full account functionality, real-time quotes, interactive charts, and a wide range of technical indicators. Overall, worldtradex’s fee structure is designed to be both competitive and transparent, making it an attractive choice for traders looking to optimize their trading costs. With no deposit or withdrawal fees, no account maintenance charges, and competitive spreads and commissions, worldtradex provides a cost-effective trading environment that appeals to a wide range of traders. worldtradex is a global leader in online trading, providing both beginner and professional traders with access to various trading instruments across global financial markets. Hello Alan Herrera,Thank you for your positive feedback!
- Hi Leon Mauer,Thank you for taking the time to share your thoughts with us.
- Withdrawal times vary depending on the Payment provider but range from the same day to 10 business days.
- The customer support team at worldtradex is available 24/5, offering multilingual support.
- It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type.
Hello Manolu C.,We’re glad to hear that you have found our educational materials to be informative. We’re committed to providing our clients with the educational resources they need to succeed, and your feedback is important to us. If there’s anything specific you’d like to see in our educational materials, please don’t hesitate to reach out.
We continuously monitor changes in broker offerings, regulations, and market conditions to ensure our content remains up-to-date. This commitment to ongoing accuracy allows us to provide our readers with the most current and relevant information available. Our reviews cover a broad spectrum of factors, including regulatory compliance, asset diversity, trading conditions, and user experience. By considering the needs of both novice and professional traders, we deliver well-rounded evaluations that highlight both the strengths and areas for improvement for each broker. I am looking for new ways to experiment with my trading style and now the worldtradex platform may seem too regular for many traders of a new generation.
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. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. As a chart artist, I have always preferred trading platforms with charts that allow me to scale price action up and down easily. I found its charting capabilities quite rigid and ineffective.
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The broker utilizes the industry-renowned MetaTrader 4 (MT4) platform, which is available across multiple devices, ensuring flexibility and convenience for its users. While worldtradex is lenient with most fees, it does charge an inactivity fee for dormant accounts. If your trading account remains inactive for a specified period, typically 90 days, an inactivity fee is applied. This fee is usually a fixed amount, around $10 to $15 per month, and is deducted until the account is reactivated through trading or becomes depleted. This policy encourages traders to maintain regular activity in their accounts but could be a drawback for those who trade less frequently or take extended breaks from trading. I consider the chart screen a platform’s most important feature.
The trading academy has everything that I needed to be knowledgeable and informed on the kind of assets to trade_- I chose forex pairs and sometimes dabble in precious metals. Also the trade copier works very well and it helps you to make money while spending less time on learning strategies and all that. 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. I quite enjoyed worldtradex’s educational guides covering very basic trading topics that novice traders are likely to ask.
