Everyone who chooses worldtradex has the same opportunity to pursue their investment goals. The worldtradex Group is a global powerhouse that offers some of the best trading conditions. The download is quick, provided you have a decent internet connection. Once traders agree to some standard disclosures they can click the MT4 or MT5 icon on their desktop and be on the platform in seconds. Micro and Standard account spreads on all majors start as low as 1 pip, while worldtradex Zero account holders can expect spreads as low as 0 pip. worldtradex offers 24-hour support, 5 days a week through email, live chat, phone, and fax.
We are committed to transparency, accuracy, and comprehensive insights. It’s all about making sure trading is fair and safe, especially for retail traders. Following these laws can be complicated and costly for brokers from other countries. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. All versions of the trading platforms can be downloaded from the worldtradex website.
worldtradex Customer Support
- This account type is designed and created specifically for those who follow the beliefs of Islam.
- Once you know which account you want to create, simply click “Open An Account” on the right side of the broker’s website.
- The second step also includes a little test to check your knowledge and experience in the market.
- They require a small $5 minimum deposit for opening an account and also provide free demo accounts.
- There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the worldtradex Shares Account which has a minimum $10,000.
- The broker also offers a free VPS service for those of you who want to run your trading platforms remotely.
Exact details about each payment method are visible when you log in to the ‘Members Area‘. Once you selected a payment method of choice, there are clear instructions to follow to complete the process. Our expert guides and analysis have everything you need to hit the ground running. You can read a detailed worldtradex broker review in the broker review section on our website. worldtradex services are available all across the globe except for a few jurisdictions, such as Iran, Somalia, Afghanistan, North Korea, Canada and the United States. We do not provide investment advice or solicitation of any kind to buy or sell any investment products.
Below we’ll have a quick review of both deposit and payment methods. Fortunately, you can set up notifications using the mobile trading app. The app will generate messages for all closed trades and pending orders.
They also have a dedicated FAQ page to help clients search for answers to their questions. The worldtradex website is available in 22 different languages, with customer support provided in more than 25 languages. worldtradex Alternatives – Not sure if worldtradex is quite right for your trading? Some alternatives you might be interested include Plus500, eToro, and Forex.com You can also check out our full guide to online brokers including lists Worldtradex courses scam of brokers available in . Signing up with worldtradex broker involves filling up the registration form and completing the KYC process.
worldtradex Forex offers a wide range of financial instruments, including over 55 currency pairs, as well as stocks, indices, and commodities. US traders should be aware of the different trading hours for each instrument, as well as the risks involved in trading forex and other financial instruments. worldtradex is a multiple award-winning broker that allows its clients to trade forex, CFDs, and real stocks on its MetaTrader platforms. Founded in 2009, worldtradex has over 1000 trading instruments and multiple account types which are designed for newbies, and experienced and professional traders. Trading tools are also provided to assist the traders with market analyses. worldtradex Forex is a global online trading platform that offers users the opportunity to trade in a wide range of financial instruments, including forex, stocks, indices, and commodities.
First, you can do so through the live chat available on the website of the broker. The second option is to send the customer support team an email, and the third option is directly calling the customer support hotline. During the registration process, one of the questions is which trading platform you want to use. But, in case you have changed your mind, you can contact the representatives of the broker and use a different one. Taking your first steps at worldtradex is a very easy and user-friendly experience.
Limited Offer – worldtradex VPS Service
worldtradex’s free demo account is popular among traders to practice ideas or even experienced traders to test strategies. Demo accounts have no expiry date, but they are closed when not used for 90 days. All worldtradex account types offer negative balance protection for EU residents. Unfortunately, worldtradex doesn’t hold a good reputation among clients on Trustpilot.
Commission and Fees
worldtradex Group offers free comprehensive education and research tools for traders including Analyzzer signals, daily technical analysis, market research and daily market commentary. In our opinion, the withdrawal hierarchy process may cause confusion, leading to some of the dissatisfaction, delays, and payment issues mentioned in some of the client reviews. However, in our experience the receipt of funds for the withdrawal to our debit card was within 24 hours.
It is possible to make deposits in other currencies outside these listed but there will be exchange fees. Before you can start trading on worldtradex Forex, you will need to verify your account. It is important to note that worldtradex Forex only accepts clients from countries where it is regulated, and the United States is one of those countries. Therefore, US traders can verify their accounts without any issues.
- worldtradex is an online trading broker that belongs to Trading Point Global Ltd.
- worldtradex does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals.
- Trade ideas are posted which can inspire possible trade ideas that you may have otherwise overlooked.
- The only exception to this is with Wire transfers less than $200 which incurs a $15 charge.
Withdrawal Methods
It may be the best one we’ve ever seen, complete with news and analysis on key markets and relevant geopolitical developments, including technical analysis performed on ed price charts. All withdrawals above $200 processed by wire transfer are included in worldtradex’s zero fees policy. Wire transfer deposits and withdrawals over $200 are included in worldtradex’s zero fees policy.
Spread
I know lots of seasoned traders who prefer worldtradex because of the versatility of provided services. For the most accurate and up-to-date information on available payment methods and their specific terms, please refer to the official worldtradex website or contact their customer support. worldtradex offers MetaTrader 4, MetaTrader 5, Social Trading, Web to cater to the diverse needs of its clients. By understanding the features and benefits of each platform, you can select the one that best aligns with your trading goals.
The “worldtradex mark-up” on financing charges is not unique amongst brokers but some do not add any fees to the standard tom-next rate formula. We like the zero fees that you get on deposits and withdrawals (except for wires below $200). Inactivity charges are low on the monthly rate but kick in after only a short time. worldtradex offers traders a wide range of trading assets from Forex to CFDs on stocks, indices, commodities, and the like. Over the past decade, this broker has gotten licenses from leading regulatory agencies worldwide, including the FCA of the UK, CySEC of Cyprus, ASIC of Australia, and so on.
Is worldtradex suitable for spread betting?
The broker is interested in the trader’s experience and skills in online trading. However, the broker’s technical support can be inconsistent, as evidenced by customer reviews highlighting discrepancies in service quality. Some brokers will charge for additional withdrawals in a month, regardless of the method.
worldtradex Group offers a good variety of asset classes to trade CFDs on forex, stocks, commodities, indices, precious metals and energies. The broker provides you with the versatile and user-friendly MetaTrader trading platforms to trade on all of your devices. worldtradex process withdrawal request via the same methods that clients use at the time of deposits.
worldtradex offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices. worldtradex accepts other local payment methods depending on your location. Multiple payment methods are available depending on the worldtradex entity such as Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Perfect Money, Apple Pay, Google Wallet etc.