Platform choice ultimately comes down to personal preference, but worldtradex has signalled its intent by offering its clients the choice of two market-leading platforms. There is no extra verification required, and once a client’s separate wallet is set up, it’s easy to hook up to the signals of other traders. The market news is updated hourly and helps to stay updated on market trends.

Remember that you will need to verify your identity if you wish to withdraw but not if you want to deposit and trade. In terms of card methods, only Visa is an option, but you do many e-wallet options along with bank transfers and crypto transfers. Note that depending on your region, these methods may change slightly. Echoing the foundational offerings of the worldtradexTrader, the MetaTrader 4 account circles back to a focus on forex and a similar instrument composition, tallying up to 76. While it mirrors the spread, commission, and deposit structure of its counterparts, it slightly narrows the field to 6 indices, maintaining the breadth in forex, metals, energies, and cryptocurrencies. Those interested in copy trading can download the worldtradex Copytrading app from Google Play Store.

Dear Tauseef Rehman Khan,Thank you for sharing your kind words and for being with worldtradex since 2018. We encourage you to explore our latest features, promotions, and programs — including our Invite a Friend program, where you can earn commissions when your friends trade with us. Should you have any questions or need assistance, feel free to reach out to us via live chat or email at We are always here to help.

Pros and Cons worldtradexFX Account Types and Features

worldtradex excels in research, offering regularly updated commentary written by in-house analysts and trading ideas. In addition, clients can utilize research from third-party provider AutoChartist. I rate worldtradex as better than the industry average in this category. In my tests, I received speedy responses—the same day for email and a wait of just a few seconds for live chat. Despite the lack of phone support, I rate worldtradex as average in this category. The web-based worldtradexTrader platform is well-designed and intuitive.

• After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed.
• This section will cover how the different entities of worldtradex are regulated and how this impacts you as a trader.
• In addition, clients can utilize research from third-party provider AutoChartist.
• Overall great value with a choice of more than 70 assets to trade.
• In my tests, I received speedy responses—the same day for email and a wait of just a few seconds for live chat.

We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Dear Chery,Thank you for reaching out and sharing your concerns with us.

Pros and Cons worldtradexFX Customer Support

Yes, you can have both types of accounts open simultaneously with worldtradexFX. Remember, your earnings from the worldtradexFX Affiliate Program are commission-based and directly proportional to the trading volume of those who join worldtradexFX through your referral link. Your commission is calculated as a percentage of your trading volume.

In our review, the entire withdrawal process took less than 35 minutes. We accessed the withdrawal section in the dashboard, where we entered the amount and selected the method, in this case, Tether (TRC20). The options mirrored those available for deposits, although, as expected, the only method available for withdrawals was the one we used for depositing funds.

To show their commitment to mobile trading, worldtradexFX offers users a bonus on all first-time deposits made through the trading app. This includes a 50% bonus on the user’s margin, which allows you to take on larger positions but as with any broker it is always advisable to thoroughly read the small print before committing. The minimum deposit that qualifies for this promotional offer is $50.

Account Types and Terms

worldtradex also covers fees so you may access your moany at any time and receive it relatively quickly. Usually, worldtradex confirms withdrawals within 1-2 business days, but allow extra days for your Bank to process the transaction. Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, worldtradex’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches.

• Clients are, however, not allowed to withdraw from their accounts unless the account is verified.
• The market news is updated hourly and helps to stay updated on market trends.
• However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs.
• worldtradexFx offers its users different payment methods to be used either for deposits or withdrawals.
• According to the statistics, 75-89% of customers lose the funds invested, and only 11-25% of traders earn a profit.

For further inquiries on a copy trading feature or two, worldtradex offers client assistance in the form of 24/7 live chat. Upon further checking, we are informed that their client support will respond to any further inquiries within 30 seconds. They have a good reputation, have accumulated numerous awards, and have thousands of positive reviews from clients and other broker review sites.

Table of Content

This will help ease the Worldtradex website fear of traders as it means that they will never lose more than they have deposited into their accounts. The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email. Client orders received by worldtradex are offset by banks and liquidity providers.

I can set up custom price alerts too so I always stay in the loop on market moves. For beginners or casual traders like myself, they offer their own proprietary web-based platform called worldtradexFX WebTrader. The company was founded in 2011 by a team of fintech enthusiasts who wanted to make trading accessible for everyone. Their goal was to create an open and welcoming platform for newbies and experienced traders alike. Most worldtradexFX users commend the promptness and courtesy of the support staff.

One thing that stood out to me about this broker during my review was the ease of use. The worldtradexTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading. There are no swap fees, inactivity fees, or fees for deposits and withdrawals. Three account types cater to traders with different levels of experience. The worldtradex mobile app can be downloaded and quickly recognizes and retrieves data after entering the username, requiring no further action.

Consider Trading with worldtradex If:

The first, and best place for most traders to get started is an worldtradexFX demo account. Here you can learn the ropes, ideal for a beginner, with no obligation to enter live trading. In this worldtradexFX review, you will find everything you need to know on the key areas of the broker like spreads, account types, and security. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out worldtradex’s educational offering.

The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users. The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders. Also, there is no commission based account soffered all Broker fee strucutre is based on spread, which is important to note for trades who prefere commission fee structure. However, traders may be charged third-party processing fees—which worldtradex has no influence over. Furthermore, although worldtradex does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion. For traders trying to cut non-trading costs, worldtradex’s attitude to extra fees stresses affordability and openness, which appeals.

The spread for all available currency pairs offered by worldtradexFx – including major, minor and exotic pairs are listed in the table below. worldtradexFx offers 33+ forex pairs, inclusive of majors (the EUR/USD pair, GBP/USD, USD/JPY), minors (EUR/GBP, GBP/CAD, AUD/CAD) and other exotic pairs. Clients are allowed to trade their favorites, and at that, with low spreads. With worldtradex, you can trade a total of 300 trading instruments, including 52 Forex pairs and 277 CFDs, covering indices, commodities, and cryptocurrencies. The 50% bonus is more applicable to experienced traders or those confident in a long-term relationship with the broker.

How do I become a Master Trader with worldtradexFX?

The broker also offers copy trading services an accessible minimum deposit. Likewise, Mauritius is considered Tier-4, as per our Trust Score algorithm. The security of your funds – in terms of regulatory protection – will depend on which worldtradex entity holds your account, and which, if any, relevant regulations provide customer protections.