The broker does not charge deposits and withdrawal fees, except for withdrawals below $300. Transaction times vary but are generally within the norm. The financial markets are dynamic, and so are our reviews. 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.
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. The broker operates on a Straight-Through-Processing (STP) basis without a dealing desk. Order requests are transmitted to the interbank level, where worldtradex’s liquidity providers fill them.
This no-fee deposit policy is particularly beneficial for traders who make frequent deposits, ensuring that the full amount of your funds is available for trading. We are truly sorry to hear about the challenges you’ve faced and Worldtradex forex broker understand how inconvenient this must have been. To assist you further, we kindly ask you to provide your information by either responding to our ‘Find Reviewer’ request on Trustpilot or emailing us directly at with all the information regarding your concern. Should you have any additional questions or require further support, please don’t hesitate to contact us.Best Regards, worldtradex ⚡️Empowering traders. Dear Robert Feal-Martinez,Thank you for sharing your feedback with us.
Whether you’re a beginner or an experienced trader, worldtradex’s user-friendly access to the MetaTrader 4 platform allows for seamless trading across multiple devices with advanced tools and customizable features. Furthermore, worldtradex is known for its competitive pricing structure, featuring tight spreads, low commissions, and minimal trading fees. This cost-effectiveness, combined with flexible account types, makes it a suitable option for traders with different levels of experience and trading styles. Additionally, worldtradex supports a wide range of payment methods and multiple account currencies, ensuring convenient deposits and withdrawals. worldtradex is a global online trading broker that offers a variety of financial instruments, including forex, commodities, indices, and cryptocurrencies.
We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. They’ve been solid always with my gold tradign here, like the spreads aare awlays at market norm – and this is waht I need .To overboard wide spreads on this metal even when volatile. The support here with its resources and tools are very commendable. Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
Hi Guillaume L.,We love to hear what our customers have to say, and your feedback has been very insightful! Hi Yahir N.,We really appreciate you sharing your worldtradex experience with us! Every estep of the way with worldtradex has benen worth it. Customer support is readily available 24/7 if any issue arises and are very supportiveI love my encounter and I recommend for every newtrader like me. Our reviews are conducted by seasoned trading professionals who bring years of market experience to the table.
They are held frequently in several languages – English, Chinese, Arabic, and Malay. The webinars are geared towards beginners, intermediate-level, and advanced traders. At the time of my review, there were 5 upcoming webinars, all in Arabic. I quite appreciated that there is detailed personal info about market experts who lead the webinars. I consider the Standard account as the most accessible option due to its minimum deposit requirement of $100 (when there are no accompanying bonuses).
worldtradex supports the MetaTrader 4 (MT4) platform, which is available across desktop, web, and mobile devices. No, worldtradex does not accept clients from the United States due to regulatory restrictions. Get a better understanding of how the markets work with our easy to ready “how-to” guides. worldtradex is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029.
I was mostly doing exotics but now switched to trading minors as well and my fav so far is eur/nzd , it seems that I just clicked with this pair and I know how it moves. This firm may be providing financial services or products without our authorisation. You should avoid dealing with this firm and beware of potential scams.
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. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.
Traders with highly specific investment preferences might find more tailored options elsewhere. worldtradex, the broker of choice for traders seeking safety, variety, and expert guidance. Explore a world of forex, CFDs, and cryptocurrencies with confidence. While I appreciated worldtradex for having invested time and energy to develop proprietary research content, such as its highly informative video breakdowns, a notable drawback is the lack of third-party content. The availability of more than one perspective is advantageous to the trader, who can compare the different vantage points.
Brokers operate multiple entities because it allows them to serve clients worldwide. 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. The first time I saw the site I actually fell in love with the user interface and design, it’s very easy to use and navigate. 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.
worldtradex offers more than 300 instruments across several asset classes, including FX pairs, commodities, share CFDs, indices, cryptocurrencies, and futures. The offering is well-balanced and suitable for the execution of multiple trading strategies. worldtradex offers commission-free trading and above-average floating spreads. Its overnight fees are average for the broader industry. The broker does not charge deposits and withdrawals but has issued an inactivity fee. 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.
It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action. I performed my tests on a Standard worldtradex trading account using the desktop and mobile app versions of the MetaTrader 4 platform. The account was opened with the Tradeco Limited entity of the broker. Some features and services may vary depending on where you reside and which entity you open an account with. worldtradex and its services are generally geared towards copy trading.
The one thing that MT4 is quite suitable for is automated trading because it is not dependent on the execution of precise technical analysis. MetaTrader 4 has many essential features, such as one-click trading, an alarm setting option, and a depth of markets tool. Because of its simplistic and straightforward design, I would say that MT4 is a good stepping stone for beginner traders wishing to learn essential charting skills on a platform with an easy learning curve. The competitiveness of worldtradex’s fees depends on the asset classes traded. For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable. However, the broker’s spreads on currency pairs are quite elevated.
Floating spreads, old MT4, not much of crypto… If you can get used to the service, it’s not actually bad. I gave them a second chance, not judging the book by its cover. Issues with the withdrawals and slippages, I haven’t seen such.