The broker has streamlined the registration procedure, ensuring that clients can begin trading with minimal delay while still adhering to necessary regulatory requirements. worldtradex provides access to a robust and versatile trading platform, designed to cater to the needs of all types of traders, from beginners to seasoned professionals. The broker utilizes the industry-renowned MetaTrader 4 (MT4) platform, which is available across multiple devices, ensuring flexibility and convenience for its users. worldtradex does not levy any account maintenance fees, which is a significant advantage for traders. This means there are no recurring costs for simply having an account with worldtradex, regardless of your trading activity level. Whether you are actively trading or holding an account for occasional use, you won’t be charged periodic fees just for maintaining an open account.
The most valuable and favorable feature – academy. Company’s contribution into skills development shouldn’t be underrated. The platform here works ok, not super fast, but pretty stable anyway…As for customer support, though they might respond with lill delays, still usually they give comprehensive answers. Im using worldtradex for many years and this broker never failed me. What i really found practical here was their cent accounts.
Clients are encouraged to check with the broker directly for regional restrictions. Customer reviews play a vital role in building trust and loyalty. Take control of your business profile today and enjoy numerous advantages. This broker has many assets, but id love to see them add crypto. I trade with them on a daily basis, so learned much about the broker. In our tests for the Trust category, we also cover factors relating to stability and transparency.
The information on market-bulls.com is provided for general information purposes only. It does not constitute legal, financial, or professional advice. Market-bulls.com does not accept responsibility for any loss or damage arising from reliance on the site’s content.
worldtradex Research and Education Summary
worldtradex is committed to maintaining a high level of transparency and security through robust regulatory oversight. Hi D “Dadi” M,We are delighted that our withdrawal process and customer care team have won you over! Poor service with high withdrawal issues , The customer service only responds to reviews . I am happy with the kit of tools provided by the broker on the platform.
Comparison with Other Brokers:
Withdrawal requests are typically processed within 24 to 48 hours, with the actual time to receive funds varying based on the payment method. The absence of broker-imposed withdrawal fees adds to the overall cost-efficiency of trading with worldtradex. I consider myself an adept trader, and I have extensive experience in the trading Worldtradex cheating 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. That is due to the fact that they have many loyal clients who talk highly of their services. This piqued my interest and I decided to open an account.From afar, the platform seems to provide everything for beginner traders, and little for professionals.
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. worldtradex is still a relatively new broker, having been established just a couple of years ago.
Old and reliable
The leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage. Essentially, the broker lends the trader money so that the latter can open bigger positions.
Its Client Agreement is easily accessible and pretty exhaustive. All essential safety information is present and written in an easy-to-understand way. Gain trust and grow your business with customer reviews. We use dedicated people and clever technology to safeguard our platform.
- A friend who has been in the game for a while suggested worldtradex to me.
- The broker provides over 300 trading instruments across most major asset classes, offers diverse trading accounts, and incorporates the popular MetaTrader 4 platform.
- The leveraged nature of these products can work both to your advantage and disadvantage.
- At MarketBulls, our commitment to delivering accurate, reliable, and comprehensive reviews is at the core of everything we do.
- They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model.
What markets are the most profitable for trading with this broker from the point of expenses, i.e. Fees?
No, worldtradex does not offer support for the cTrader platform. The broker provides trading services exclusively through MetaTrader 4. The broker maintains segregated accounts for client funds, ensuring they are kept separate from the company’s operating funds, thereby providing an added layer of protection. Regulation is a critical factor when choosing a trading broker, as it ensures that the broker operates within a framework of rules and standards designed to protect clients’ interests.
- I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning worldtradex’s high level of fee transparency.
- Just add our widget to your website and respond to reviews on our platform for free.
- MarketBulls makes every effort to provide accurate and reliable information.
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. But the real advantage here, for me, are the features. The analytics I use a lot, in the morning, drinking coffee, I think that is pretty much mandatory when trading stocks. Sure I read Bloomberg but worldtradex has often more info, some off-brand stuff that might make me think.
There is no option to reach worldtradex’s support by phone. Hi Mohamed N.,Thanks for taking the time to share with us your feedback! It was a comfortable trading experience, though I can’t say that I have faced many brokers before. Can’t say much about other stuff, just a good place to trade. Hi Cameron W.,We are so glad to see that you are satisfied with our worldtradex platform!
For traders who prefer tighter spreads, worldtradex offers raw spread accounts with spreads. These accounts charge a commission per trade, typically ranging from $3 to $7 per lot, depending on the account type and the asset being traded. This structure benefits high-frequency traders and those using strategies that require minimal spreads, such as scalping. The combination of low spreads and reasonable commissions ensures that traders can manage their costs effectively while taking advantage of market opportunities. Hello Owen B.,Thank you for your positive feedback! We’re dedicated to providing our clients with a wide range of educational materials, and we’re thrilled to hear that you have found them helpful.
Research & Education at worldtradex
worldtradex is a Seychelles CFD broker that was founded in 2021. It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry. worldtradex does not target residents of the EU where it is not authorized.
MarketBulls does not offer financial advice, and all content is for informational purposes only. Our reviews are conducted by seasoned trading professionals who bring years of market experience to the table. Each review is meticulously fact-checked and validated by our in-house experts to ensure it meets the highest standards of accuracy and relevance.
