worldtradex is among the fastest brokers in terms of https://worldtradex.world/ fund accessibility since withdrawal requests are handled quickly—usually within one to three hours. Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account. As a licensed broker that obliges to safety measures, worldtradex Cyprus offers only Bank Wire Transfer for its European clients. As for the international entity it also includes Credit Cards, e-wallets and other methods which you may check with customer service before any transfer is done. Starting at 0.6 pip on main currency pairs like EUR/USD for all three account avialable at International trading, the broker offers reasonable spreads.
Traders can access MT4, MT5, and worldtradexTrader via web applications directly from their browsers, conveniently skipping the need for software installation. With this knowledge, we created our platform to help you make money through smart and well-controlled investments. All information on 55brokers.com is only published for general information purposes.
Local banks payments first introduced
worldtradex’s minimum deposit requirement of just $25 makes it accessible for new traders, it is a perfect broker for beginners. To properly increase their trading skills, the platform provides thorough instructional tools, including webinars, beginning and advanced trading videos, and trading glossary. worldtradex also offers a demo account tool so that beginners may test trading with virtual money, therefore reducing risk. Easy navigation and fast trade execution made possible by the MetaTrader 4 and MetaTrader 5 platforms improve the trading experience even further.
What Can You Trade on worldtradex’s Platform?
worldtradex (formerly worldtradexFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilized by clients from 180 countries with more than 40+ million trading accounts. worldtradex is a technology-based brokerage company and Forex broker that offers an industry-leading platform Metatrader4 and MetaTrader5 with numerous investment opportunities and great capabilities. We also take an in-depth look at https://worldtradex.blog/ 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.
worldtradex holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. worldtradex has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading.
Three account types cater to traders with different levels of experience.Spreads are competitive, especially in forex and shares. worldtradex has also gone above and beyond with its education materials which include live webinars and carefully crafted courses. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Beginning and expert traders can use the worldtradex web platform because of its easy-to-use interface.
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. This allows less experienced traders to learn from and imitate the trading strategies of successful traders. Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes.
Account opening
Create and manage trading accounts, deposit and withdraw funds, and engage in swap-free trading right from your mobile device with our official worldtradex broker app. worldtradex customer support provides its clients with 24-hour live support available through live chat, email, and phone support in various languages. Both Live Chat and Email are available in various languages including Bengali, Chinese, English, Hindi, Indonesian, Malay, Portuguese, Spanish, and Thai languages.
- Advanced tools and features on the worldtradex Desktop MetaTrader 5 (MT5) platform improve trading experience.
- worldtradex presents traders with a competitively priced, commission-free pricing environment.
- We admit high-tech access to a range of instruments and multiple platforms either for manual, algorithmic, or social trading.
- The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily.
- Finally, worldtradex offers free educational resources such as articles and video tutorials.
You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. We measure success by the cost-effective trading conditions we provide and by success stories our traders share. worldtradex provides various special tools and features that improve the trading experience outside of traditional platforms and typicall tools provided by the research avialable on site. Here are few more additonal features that are available aminly on Intrrnational branch.
Cryptocurrency leverage increased
worldtradex has recently announced about it going swap-free in all the regions it operates. Now, leaving their orders open overnight, traders won’t be obliged to pay overnight fees. Due to this traders will no longer hesitate to use mid-term and long-term stategies. This means, worldtradex clients are free to hold as many orders as they wish for as long as they want. Those who follow Islamic financial principles or traders who want to minimize overnight financing expenses will especially benefit from this function.
Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts. Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform. The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time. MT5 mobile offers various charting capabilities and customization which is fantastic for mobile trading along with full management of your account. Designed to appeal to both beginners and advanced traders, the worldtradex Desktop MetaTrader 4 (MT4) platform is much praised for its reliability and adaptability.
Fits your trading style
worldtradex has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers. In addition, worldtradex boasts no slippage on 97.5% of its executed orders, and no overnight carry costs, yet has restrictions in place that can hinder high-frequency traders. worldtradex (formerly worldtradexFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform.
From our assessment, worldtradex emerges as a broker that proves itself to be reliable and conducive to traders, making it a viable option for consideration. The broker also provides detailed economic calendars and market insights, which keep traders informed about the latest financial news and upcoming economic events. Everything you need to start trading from beginning to advance level, this website is providing you. Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading.
The software showed robust charting tools and broad technical analysis capabilities throughout testing, therefore enabling users to personalize their trading environment properly. On the negative side, traders should make sure to check the proposals, as worldtradex is an international brand and a Cyprus one offers slightly different conditions. While obviously, worldtradex Cyprus is more trusted, the international proposal features more comprehensive tools and conditions along with education and research materials and MT4 availability. 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.