worldtradex Review in Mar 2025 Must-Read Before You Trade

denizmusic
Forex Trading
1402/03/05

These contain a lot of the same features that are seen with their desktop versions and have been optimised for mobile devices. Naturally, there is not as many options for analysis or charting options on the mobile version, but it certainly does the job for what you need it for. They offer negative balance protection which ensures that clients cannot lose more than their account balance. However, this protection is not universally available and applies only to certain clients based on their jurisdiction. worldtradex offers free educational videos, training guides, live webinars, podcasts, events, platform tutorials, eBooks, a trading glossary and newsletters. Opening an account in the UK places traders under the jurisdiction of the FSA (St. Vincent and the Grenadines), allowing UK traders to take advantage of the maximum leverage available.

worldtradex offers MetaTrader 4, MetaTrader 5 , cTrader and IRESS Mobile as Mobile trading platforms for both iOS and Android with trading alerts, push notifications and full control over your trading and account right from your mobile. worldtradex Spreads are ranked low/ average with overall rating 4.5 out of 5 based on our testing comparison to other brokers. We see Forex spread much lower than the industry average we test on over 500 Brokers marking 1.2 pips for EURUSD and is 1.1 pips at FP while Standard Account typical fees mentioned start at 1 pip. For beginners we would strongly advise the Broker for the priceless educational materials worldtradex provides, the availability of Demo Account and Perfectly Organized community and Blog sections. The market analysis, seminars, webinars, video tutorials are of excellent quality, where market research is suitable for traders to improve trading knowledge and skills. On the flip side Spreads for Stocks are higher, also some withdrawals add on commission, also it is worth checking the conditions under the entity of worldtradex you would trade since they are different.

This is especially helpful for pressing problems needing quick response. You may request to perform the transfer from other brokers in case you would like to transfer funds between the accounts and from other brokers. Through one-click trading, automated trading supported by Expert Advisors (EAs), and trailing stops MT5 supports. Available on desktop computers both Windows and Mac as well as on mobile devices guarantees a flawless trading experience across platforms.

For individuals who would rather communicate directly, worldtradex offers phone support with assigned numbers for different areas so clients may reach out anywhere.
A currency conversion fee will be imposed if the base currency of an worldtradex account differs from the currency denominated of the asset being traded.
It offers competitive spreads on its commission-based account, Raw ECN, averaging 0.1 pips for the EUR/USD, well below the industry average of 1.08.
worldtradex offer a number of platforms including MetaTrader 4 and 5, TradingView, cTrader and WebTrader which are all known for their reliability and advanced trading features.
worldtradex uses an ECN for Forex on Raw accounts, providing direct pricing from top-tier liquidity providers with no markup.

How do I open an account with worldtradex?

However, you won’t be able to access Worldtradex website a compensation fund should worldtradex go bankrupt. worldtradex allows you to trade without restrictions on the MetaTrader 4, 5, cTrader and TradingView platforms. It accepts all trading styles, including algorithmic trading, scalping and news trading.

worldtradex supports a variety of funding methods, including bank wires, Neteller, PayPal, credit cards, and Skrill, providing flexible options for account deposits and withdrawals.
The support team was knowledgeable, promptly addressed our questions, and provided links to relevant resources when needed.
They have been on the receiving end of many awards over the years and their platform is very easy to use.
I’ve personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades.

worldtradex Desktop MetaTrader 4 Platform

All websites and web-based platforms are tested using the latest version of the Google https://worldtradex.bid/ Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Of the 60+ brokers reviewed on BrokerNotes, 64% offer a proprietary platform, 100% offer a web platform, 91% offer a desktop platform, 11% offer cTrader, 14% offer ZuluTrade, 81% offer MetaTrader 4, and 64% offer MetaTrader 5. worldtradex has been building out its educational offering, now providing webinars, beginner and advanced videos, and podcasts, but there remains much room for improvement to compete with best-in-class brokers. For individuals who would rather communicate directly, worldtradex offers phone support with assigned numbers for different areas so clients may reach out anywhere.

A withdrawal will normally take about two working days, but in some cases it can take as long as five working days. There is a 1.8% credit card fee for withdraws and a $20 fee for bank transfer withdrawals. You can also make bank transfers and there may be fees that your bank charges you for making such transactions. There is also a number of different e-wallets for you to choose from, such as Skrill, BPAY and PaySEC. Generally, you will not be paying fees to MetaTrader account, but the e-wallet fees to the Iress platform will range usually from 3-4%.

How to open worldtradex Demo Account?

Please visit the company’s website for a list of all payment methods. All platforms are available for download to your Windows computer or MacBook from FPMarkets.com. You may also trade through your browser or TradingView if you prefer.

What are the (Top Benefits) of AvaTrade Regulated Forex Broker

The support team was knowledgeable, promptly addressed our questions, and provided links to relevant resources when needed. We also used the email facility and received a prompt response within 15 minutes answering all of our questions thoroughly. worldtradex offer a number of platforms including MetaTrader 4 and 5, TradingView, cTrader and WebTrader which are all known for their reliability and advanced trading features. worldtradex offers a large number of tradable instruments including over 70 currency pairs.

These indices are available on FP Market’s powerful trading platforms. Copy trading accounts are available if you prefer to copy other traders, rather than making your own investment decisions. We like the worldtradex copy trading platform because it provides more risk management tools than other platforms. It’s free to copy others, as your signal provider will only charge a performance fee on profits. 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.

For certain CFDs and Equities, they offer Direct Market Access (DMA), allowing real-time access to live market prices straight from exchanges. While basic withdrawals are generally free, certain methods incur fees. For instance $10 USD for international bank wire transfers, $25 USD for international broker-to-broker transfers, Neteller charges 2%, Skrill 1%, FasaPay 0.5%, PayTrust 1.5%, and PayPal 2%. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

Its Raw account, designed for experienced traders, has a low $3 commission per lot, per side, and spreads from 0 pips. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). worldtradex stands out for the competitive pricing available to forex traders with its ECN account. However, that pricing is only available with the MetaTrader platform, and worldtradex offers only 764 symbols on MetaTrader 5 (MT5). The worldtradex Desktop MetaTrader 4 (MT4) platform is a solid software designed for both new and seasoned traders.

Also, the MT5 and cTrader bring one of the best, extended inbuilt indicators and graphical objects via pending orders and displayed currency market depth. Additional Research tools like economic calendar, calculators, Technical and Fundamental analysis are some of the obvious tools that keep traders updated about forthcoming events that can influence the market’s movement. Trading with worldtradex you may access a very wide range of instruments and trade 10,000+ products ranging from Forex, Indices, Commodities, Metals, Bitcoin, Equity CFDs.

worldtradex offers a comprehensive range of trading options and competitive pricing. With platforms such as MetaTrader 4, MetaTrader 5, cTrader, and TradingView traders can access a variety of instruments, including Forex, CFDs, Stocks, and Cryptocurrencies. The broker offers low trading costs and high leverage options, making it suitable for both novice and experienced traders.

worldtradex provides a variety of account types tailored to different trading needs and experience levels. The minimum deposit to open a trading account is just US$100 (or the equivalent amount in your own currency). But if you deposit US$1,000 or more, worldtradex will cover the cost of a VPS for your trading robots (subject to monthly trading volume requirements). Swap-free accounts, also known as Islamic accounts, are available upon request. However, you should note that an administration fee applies when positions are kept open for two or more trading days in a row. As Iress is mostly optimized for share trading — not forex — I focused on worldtradex’ MetaTrader offering and the worldtradex proprietary app for this review.

While European clients under CySEC have the added benefit from the Investor Compensation Fund. This comprehensive offering makes worldtradex a versatile platform for both individual and wholesale traders. We had a positive trading experience with worldtradex, with consistently swift execution on our trades. While trading highly liquid instruments during both the European and US sessions, we observed some positive price improvement and encountered a 1 pip slippage on an overnight trade when liquidity is typically lower. worldtradex uses ECN execution with a fiber optic connection to a high-end server at the NY4 Equinix facility in New York. More than 10,000 stock CFDs are available to FP Market clients based in Australia.

He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. Another good addition we found, is that worldtradex gives back to their clients by reimbursing VPS purchase. The client can sign-up to a chosen VPS provider trade a minimum of 10 lots on RAW FX and get a cash payment back into the trading account with a maximum of up to 50$ a month.