The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. The site contains reviews of worldtradex features and is not the official website of worldtradex. From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. Reviews of worldtradex highlight both positive and negative experiences that can influence your decision to trade with them. One of the standout features is its freeware license, allowing anyone interested to download the program at no cost. This makes it an accessible option for all, from novices to professionals in investment domains.

worldtradex Metatrader Trading Platforms

Trading according to the market analysis has really helped me increase my profit, for sure worldtradex is really the main deal!! If you have traded with worldtradex we would really like to know about your experience – please submit your own review. Compare the markets and instruments offered by worldtradex and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Automated Trading with Expert Advisors

• With a wide range of financial instruments available, including forex, commodities, and indices, you can access diverse markets to enhance your trading experience.
• It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
• Each demo account imitates real trading conditions, the only difference is virtual money is used.
• Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity.

All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with worldtradex please share your personal review of the broker and what you think are strong and weak points.

Spreads and Commissions

Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader Worldtradex forex brokers reviews and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

How do I open an account with worldtradex?

• With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices.
• Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission.
• It is fully equipped with front-end terminals and back-office reporting functions.
• worldtradex’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices.
• worldtradex, founded in 2010, is a forex and CFD broker regulated by multiple authorities, including ASIC, FCA, and under MiFID regulations.

The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution. Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity.

Benefit from the great range of features including advanced charting and one-click execution. Gain access to technical analysis tools to ensure a seamless trading experience from your Mac computer. The broker charges an inactivity fee and requires a minimum deposit, but it also offers discounts for active traders. The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08. With an average rating for commissions and fees, worldtradex provides a standard cost structure without significant advantages. After examining various user experiences, it’s clear that trading with worldtradex elicits mixed feelings among traders.

Standard Accounts

Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. worldtradex also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator.

For traders looking to improve their skills and knowledge, worldtradex provides a range of educational resources. These include webinars, trading guides, and tutorials that cover various aspects of trading and platform usage. These resources are designed to help traders understand market dynamics, platform functionalities, and effective trading strategies.

The software is considered one of the best in the industry, especially for forex trading. It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker. Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide. The ECN Account provides you with access to tight spreads and requires paying a commission on trades.

All BrokerNotes content is researched, fact-checked, and edited by the research team. This average customer rating is based on 21 worldtradex customer reviews submitted by our visitors. worldtradex also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000. Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change.

Additionally, worldtradex offers advanced charting tools and indicators to help traders analyze market trends and patterns. These tools are essential for developing trading strategies and identifying potential entry and exit points. https://worldtradex.biz/ Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.

Negative reviews often emphasize these issues, while positive feedback typically focuses on the trading experience itself. You should thoroughly read user reviews to gather insights that reflect your trading expectations and priorities. The choice of trading platform plays a vital role in your trading experience with worldtradex.