Should you have any further questions or require any assistance, please do not hesitate to contact us. You can reach us via live chat or by emailing We are always available and happy to assist you.Thank you for your patience and understanding. One of WorldTradexFX’s standout features is the availability of MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, three of the most widely used platforms in the forex industry. These platforms offer advanced charting tools, technical indicators, and support for automated trading strategies using Expert Advisors (EAs). WorldTradexFX has a low minimum deposit requirement, making it accessible to a wide range of traders.
Don’t be street poor by this WorldTradexFx
- The service might best be summed up as ‘enhanced execution’.
- WorldTradexFX is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5.
- The program provides favorable conditions for clients, making it easy to grow your business.
- WorldTradexFX is regulated by MISA (Mwali International Services Authority) (T ) so can be considered legit.
- The MT5 account offers a wider range of markets than the MT4 account and there are no swaps.
- In their review, they claim their European entity being largely unregulated is a red flag.
Developing your trading skills with WorldTradexFX, before live trading. Like other brokers, WorldTradexFX margin requirements can differ depending on the traded instrument. Brokers like WorldTradexFX must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. We understand that informed decisions with WorldTradexFX are the key to successful trading, so we’ve provided this detailed WorldTradexFX review.
- If you ever have any questions or need further assistance, feel free to reach out to us via live chat or email We’re always here to help!
- Coming to leveraged overnight holdings, the broker charges no swaps.
- Overall, we advise to check conditions based on WorldTradex entity you wish too trade through.
- WorldTradex offers transparent and competitive trading conditions, with no commissions, no deposit or withdrawal fees, and floating spreads starting from 0.6 pips.
- Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience.
- When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee.
Therefore, it is doubtful that the ‘WorldTradex scam’ is a correct evaluation of the our activities. WorldTradex is powered by its own platform—WorldTradexTrader, MT4, and MT5, which have a reputation for being some of the most profound trading platforms. MT4 represents the best choice for those who have just started trading. In comparison, MT5 features built-in tools for a deeper technical analysis and professional trading experience.
Does WorldTradexFX offer negative balance protection?
Depositing funds with WorldTradexFX ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if WorldTradexFX were to go out of business unexpectedly. When considering WorldTradexFX for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as WorldTradexFX, is to assess the broker’s regulatory status and administrative body.
Deposits made to trading accounts must therefore be made from bank accounts in your name only. In the case of bank transfers, all requests are processed within 1–3 hours during the working time of the broker’s financial department. However, deposits via Skrill, Neteller, Visa, Mastercard and crypto are instant. Below is a tabular review of the various deposit methods and the processing time.
GOOD TRADING PLATFFORM, CUSTOMER CARE. SUPPORT VERY NICE
However, some users have appraised the company, claiming they had good trading experience and fast withdrawal. The fact that WorldTradex offers an almost institutional-grade trading experience doesn’t mean beginner traders are in any way disadvantaged. Quite the opposite; the firm simply offers reliable, fast, low-cost trade execution using market-leading platforms. Those looking to develop their skill set or improve their trading technique can draw on the support on hand, which is designed to cater to beginner intermediate and experienced traders. WorldTradex does have a demo account offering for practicing trading strategies with virtual money in a risk-free environment. It also provides Islamic (swap-free) accounts that comply with Sharia law.
WorldTradex trading app review
A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), WorldTradex’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially https://worldtradex.pro/ in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers.
The MetaTrader platforms are well known for facilitating copy trading and developing trading forums. Clients of WorldTradex are able to engage in the Expert Advisor and MQL5 areas of the MetaTrader site. WorldTradex is a global broker, who offers a new take on certain aspects of the retail brokerage space. Founded in 2011, its products are available through WorldTradexFX.com and WorldTradexFX.eu. WorldTradex offers platform versions for both Windows and Mac desktops. WorldTradex offers attractive pricing, with clear and understandable fees.
To open an account with WorldTradex, click the Open Account button at the top right of the homepage, or access the registration form through the signup page link. The bonus cannot be added to internal transfers or deposits from other promotions unless otherwise stated. It’s recommended to claim the bonus right after your deposit is credited to start meeting the volume requirements immediately.
Dear Masnoor bin Mohamad,Thank you for such a high rating and for sharing your feedback with our WorldTradex Trading platform. We are delighted to know that our customers are having a good experience with our user friendly platform. We shall strive harder to provide the best user experience to our customers. You can get in touch with us via live chat or email at if you have any additional questions.