The worldtradex FAQ section should be enough to answer most questions as it has categories for opening accounts, client funding, trading, and the trading platform. worldtradex ensures secure financial Worldtradex forex brokers reviews transactions for all verified clients through its robust back-office system. The minimum deposit at worldtradex is $50, and processing times vary depending on the trader’s geographic location and the payment method used, typically ranging between one and ten business days. It’s important for traders to consider potential third-party fees, such as currency conversion costs. Only verified trading accounts can make deposits or withdrawals, and the payment processor’s name must match the account holder’s name at worldtradex. For those interested in trading global stock market indices, worldtradex offers a wide selection of major indices, including the S&P 500, NASDAQ, Dow Jones, FTSE 100, DAX 30, and more.

worldtradex’s glossary of trading terms is an essential resource for new traders who need to familiarize themselves with industry jargon. The glossary provides clear definitions of common trading terms, ensuring that traders have a strong grasp of the language used in the financial markets. This resource is especially useful for beginners who are just starting their trading journey. worldtradex offers a diverse range of tradable instruments, catering to the needs of traders looking to diversify their portfolios across multiple asset classes.

Supported Platforms

Also offers zero-commission trading for UK residents with fairly competitive dealing spreads that can either be fixed or variable, depending on the account type you select. When it comes to forex trading, worldtradex offers access to an impressive range of 120 currency pairs. The broker allows you to trade all major pairs and crosses, as well as some minor and exotic pairs. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape. Join the conversation and discover insights that can help you navigate the exciting world of currency trading.

This shows strong business ethics and a responsible corporate attitude by supporting community development. Fasapay has a transaction limit of $5,000 with a withdrawal fee of 0.5 percent (up to $5). China Union has a transaction limit of 360,000 CNY with a withdrawal fee of 20 CNY.

The values listed below are for one full base currency contract (100,000 units). 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. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. worldtradex does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea.

Deposits & Withdrawals

You will find that they have an excellent variety of convenient deposit and withdrawal methods to meet everyone’s needs. Some clients may find the online payment processors more convenient and faster. I personally use digital wallets as they allow me to move my funds around faster. This can be vital if there is a scenario where there is some major market news that I need to try and capitalise on.

Trading Webinars

As such, worldtradex does not have its own proprietary platform but does offer the full range of MetaTrader 4 platforms. Staying informed about major economic events is crucial for successful trading. worldtradex provides an up-to-date economic calendar that highlights important economic releases, central bank meetings, and other events that may impact the markets. Traders can use this tool to plan their trades and anticipate potential market movements based on upcoming news.

worldtradex Deposits and Withdrawals

Our receipt of such compensation shall not be construed as an endorsement or recommendation by FxScouts Group, nor shall it bias influence our reviews, analysis, and opinions. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. The radar chart to the left shows how important each category is when calculating a broker’s final score. For the purposes of this review, we found the customer support responsive but uninformed. They were unable to answer many of our questions and seemed generally confused.

• worldtradex offers the standard out-of-the-box MT4 platform together with an upgraded package labeled MT4 Advanced.
• However, as with demo accounts this is something that you would expect from all brokers nowadays.
• Most notably, the broker offers its own version of the popular, straightforward and sophisticated MT4 platform.

These articles cover topics such as market analysis, trading strategies, risk management, and economic indicators. They are well-researched and written in an easy-to-understand format, making complex trading concepts accessible to traders of all skill levels. The articles are regularly updated to reflect current market conditions and trends. worldtradex offers commission-free trading and floating spreads from 0.9 pips on its No Commission account.

Market News and Analysis

Founded in 2010, worldtradex has grown into a leading Forex and CFD broker, serving over 1.5 million clients from 180 countries. Renowned for offering the trusted MetaTrader 4 (MT4) platform, worldtradex is regulated by top authorities, including the FCA and FSCA. With its headquarters in Cyprus, the broker provides both ECN/STP and Market Maker execution types, catering to traders of all experience levels. A standout feature is the low trading fees available in the Absolute Zero account type, which offers raw spreads from 0.0 pips and minimal commissions.

• The mobile applications for MT4 are fully featured and highly rated, so there should be no issue.
• Of course, if you are moving large amounts then you might notice more of a difference.
• 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.
• Social trading is also supported, although only via third-party solutions like Sirix Social WebTrader and the Myfxbook AutoTrade platform.

This ensures that worldtradex adheres to strict regulatory standards for client protection and transparency. worldtradex impresses with its probing and layered market research, developed in-house and incorporated from Trading Central. The broker provides regular market breakdowns, featured trading ideas, a comprehensive market sentiment tool, and more. Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself. worldtradex provides free Virtual Private Server (VPS) hosting to high-volume traders interested in achieving lightning-fast order execution speeds and stable internet connectivity.

worldtradex previously sponsored the ORC Worlds Trieste 2017 and was an official partner of FC Barcelona from 2014 to 2017. In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

I opened a No Commission account with the Notesco Int Limited entity and performed my tests on the desktop and mobile app versions of the MetaTrader 4 platform. To add your worldtradex account to MT4, you have to first ‘Register’ with the broker by filling out some basic info like your name, country, base currency and your preferred password. Once the download is complete, log in by choosing ‘Open a new account,’ select worldtradex, and enter your MT4 username and password that you received in the worldtradex welcome email.