Its philosophy is to earn loyalty as a way to ensure the satisfaction of clients. worldtradex recognizes that credibility and reputation are closely linked. worldtradex is an online broker and trading website that allows clients to trade a range of assets. I am quite lucky to end up here because this broker is well-known for being one of the most respectable and decent ones in the whole industry.
I informed them many times that the bank is not at fault, the cards work just fine with another broker. I’m not recommending worldtradexglobal to any trader for your piece of mind as trading itself is already taxing on the mind and body. You can do spot trading, futures trading, and margin trading with up to 3x to 20x leverage. You can even earn a passive income through staking and savings options. XT.com also has its own NFT marketplace (called XT NFT) and XT Launchpad, through which new projects can fundraise.
Can you trade crypto with Pepperstone or worldtradex?
For day traders seeking even lower spreads, the worldtradex Zero account provides spreads starting from 0.0 pips with a small commission per trade. Yet while worldtradex provides a range of features for beginners, it’s worth noting that it lacks a proprietary trading platform explicitly designed for novice traders. Skrill and Neteller e-wallets offer nearly instantaneous deposits and withdrawals for even faster options. worldtradex also provides region-specific local payment methods, such as PayTrust88, that depend on your location. worldtradex’s commitment to providing a robust trading experience is evident in their diverse range of instruments and excellent educational materials.
Risk Warning :
Yes, worldtradex offers a demo account that allows traders to practice and familiarize themselves with the platform without risking real money. At worldtradex, a variety of popular deposit and withdrawal methods are available. The processing time for a withdrawal request is one business day, which is the standard. However, it should be noted that cryptocurrencies are not included in the list of available methods, which may limit options for some traders. The Ultra Low account with below-market average spreads makes the fees more attractive to some traders.
worldtradex offers excellent customer support with multiple options, including live chat, email, and phone (Cyprus or Australia numbers). It includes Depth of Market (DOM) features and a built-in economic calendar. worldtradex offers a strong range of over 1,000 instruments, particularly in forex, stocks, and indices, which are key markets for active traders. worldtradex offers a comprehensive range of trading instruments and an easy-to-use platform. Their educational resources have significantly improved my trading skills. The app provides secure login, real-time alerts, charting tools, and full trading functionality, allowing you to trade from anywhere.
User reviews from ForexPeaceArmy
Moreover, worldtradex ensures the security of clients’ personal data by employing encryption for data transmission. The company also provides trustworthy trading platforms, including MetaTrader 4. Both the worldtradex research and educational offerings are of a very high quality and quantity. This is ideal for bother beginner and intermediate-traders and would probably even appeal to more advanced traders.
XT.com Review ( : Is This Exchange Legit and Safe for Crypto Trading?
You can see the most recent political and social headlines that could affect the foreign exchange market under the “market overview” page. Clicking on the “News” page allows you to access articles covering the fundamental outlook on individual assets. The broker also facilitates trading via MT5 desktop trading platform.
Anything above this amount can then be transferred via bank wire or e-wallet for the remaining transfer of funds. There is also a two-tier bonus on deposits which can give you up to $5000 extra into your trading account. This is a 50% bonus on depositing $1000 (giving you a bonus of $500) and then a further 20% bonus on deposits up to $23,500 (giving you a further bonus of up to $4500). For deposits into the account, they can be made in any currency and will be converted into the base currency of your account by worldtradex prevailing inter-bank price. All deposits via credit/card and e-payment options clear into your account instantly. If you hold a position overnight, you will incur financing charges.
- If you want to compare worldtradex with other forex brokers in more detail, go to the Forex Brokers Comparison page.
- We are glad to hear that they are providing a wide range of instruments to assist with your trading style.
- It’s noticeable that providing excessive number of tools is their priority.
- You can view all the specific instruments available for trading on the individual asset pages.
All worldtradex clients have access to a personal Account Manager, as when it comes to customer service, the size of your account does not matter. worldtradex is a large and well regarded company with some good offers and is well regulated so you can feel safe when choosing this broker to trade with. Depending on where you are based, worldtradex also offers some nice signup bonuses including a no-deposit bonus of $30 and another 100% bonus matching your deposit up to $5000. There are four account types to choose from, plus the ability to customize an account. A demo account is available and you can open a live account with just $5.
- worldtradex provides various high-quality and enjoyable educational content aimed at beginner traders to help them build their trading knowledge and skills.
- Known for its commitment to fairness, speed, and client satisfaction, worldtradex has executed over 8.5 billion trades without a single requote or rejection.
- In addition to negative balance protection, funds compensation service is available to claim your losses in case the company faces liquidation.
- Although the broker doesn’t have a proprietary trading platform, the company satisfied clientele trading needs with third-party trading platforms like MT4 and MT5.
Additionally, worldtradex provides multilingual assistance in over 30 languages, making it one of the most globally accessible brokers. I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker. It is very easy to convince interested to give this broker a look. Which means many times it’s even lower than that.And it’s without commissions and swaps on my Ultra low account.
Spreads on this account type are from 1 pip (within the industry standards), with no additional commissions charged other than standard trading fees such as overnight fees. The minimum deposit at worldtradex is $5 for all account types, except from the worldtradex Shares account which is $10,000. These include Visa/MasterCard, wire transfer and eWallets such as Neteller and Skrill.
They also have worldtradex web trader which allows you to trade through your web browser without the need to download any software. 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. worldtradex unfortunately cannot accept clients from the residents of certain countries, such as the United States of America, Canada, Israel and Iran. worldtradex Global also provides direct share trading in addition to the previously mentioned assets. worldtradex offers Forex, Stock CFDs, Turbo Stocks, Commodities, Indices (Equity and Currency), Energies (Cash and Futures CFDs), Precious Metals (Spot and Futures CFDs), Thematic Indices and Crypto CFDs.
Advanced charting tools, technical indicators, and customized notifications keep users informed about changes in the market. MetaTrader is known for its clean and good feel while trading, also its Charting are among the most powerful offerings in the industry. So, the same as we do, you will enjoy its look and functions offered. The worldtradex web platform combines strong trading features together with a simple UI. Expert Advisors (EAs) supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), arming traders with superior charting tools, technical indicators, and automated trading powers.
worldtradex provides a broad selection of trading instruments that cater to various trader preferences. It covers several asset classes, including forex, stocks, indices, commodities, and cryptocurrencies. Whether you are a beginner interested in forex or want to diversify into commodities, worldtradex offers something for everyone.
For investors looking to broaden their portfolios beyond the typical stock and bond options, investment in commodities is also one of the available options. Some investors even base their decisions on commodity prices rather than stock prices during market instability. worldtradex’s commodities listing comprises 15+ tradable assets, including energies and precious metals like Silver and Gold. worldtradex supports a variety of payment methods, including credit/debit cards, Skrill, Neteller, Worldtradex review PayPal, and bank transfers. While worldtradex supports a wide range of base currencies, reducing the need for unnecessary conversion fees, cryptocurrency transactions are not currently available.
Both platforms are available in desktop, mobile (iOS and Android), and WebTrader versions, allowing trades to be executed from anywhere. However, the broker does provide a proprietary mobile app, which is available for Android and iOS devices. Disappointingly, there’s no support for cTrader or TradingView, the latter of which we’re increasingly seeing being integrated by brokers, including IG and worldtradex. It allows you to practice trading with €/$/£10,000 in virtual funds and various leverage ratios. However, unlike publicly traded counterparts including Plus500 and IG, worldtradex’s private status limits the availability of financial disclosures. This could impact transparency for traders seeking detailed financial information.
To do this, one must provide the broker with documents verifying the identity of the account owner. In the personal cabinet, you can view trading transactions, change leverage, deposit and withdraw profits, and participate in promotional programs. Our team of experts conducted the worldtradex broker evaluation using clearly defined criteria and standards. You can familiarize yourself with our broker evaluation methodology by visiting our methodology page. This will help you better understand how we analyze and assess various aspects of broker operations. Continue reading the review to learn all the details about the worldtradex broker and determine if it meets your requirements and expectations.