The domain worldtradex.com was registered in 2000, but snapshots from WebArchive show it was only acquired in 2022. All this data confirms that the broker started operating in 2022. Choose between Standard, Premium, Privilege and Cent accounts and enter the markets with superb trading conditions. Explore more than 300 instruments across 6 asset classes and trade CFDs with superb trading conditions. When you trade CFDs, you can do so by using leverage, which means that traders only need to use a small capital amount to control a much larger position in the market.
What is the minimum deposit for worldtradex?
- Compared to other brokers, worldtradex offers relatively higher leverage than other brokers.
- Although I recorded extremely favorable spreads on Bitcoin, worldtradex’s spreads on other popular instruments exceeded the industry average during my tests.
- You shouldn’t trust such firms because they operate without serious regulation.
- worldtradex offers both fixed and floating spreads, and these may vary depending on the type of trading account and the market conditions.
- worldtradex offers multilingual support via live chat and email.
Any rates, terms, products and services on third-party websites are subject to change without notice. On the other hand, positive reviews typically mention user-friendly interfaces, easy registration processes, and the availability of various trading assets. While these reviews can be helpful, it’s important to evaluate them critically and take note of recurring themes across different platforms. All worldtradex account types are commission-free, with trading costs based solely on floating spreads, which start from 1.1 pips.
Long response times, unhelpful answers, or failure to resolve issues promptly are all signs of a platform that may not have the best interests of its clients in mind. A legitimate broker will have a well-trained support team ready to assist traders in a timely and professional manner. At worldtradex we provide the tools and support to help you develop your trading skills and unlock your potential. You can take advantage of our excellent trading conditions and products, including a wide range of accounts and flexible spreads across a range of assets. Join us and choose the account type that best suits your needs and start trading with competitive spreads.
With worldtradex, traders can access CFDs on a range of markets including currencies, metals, commodities, indices, shares, and futures. The customer support team at worldtradex is available 24/5, offering multilingual support. They provide traders with assistance when it comes to trading accounts, deposits, withdrawals, and more. Their customer team is knowledgeable and friendly and always willing to help traders with any issues they may have. Traders can contact the customer support team via email at , and they will reply within 24 hours. With a minimum deposit of $350 and base currencies in EUR, USD, or GBP, forex traders and other traders can access worldtradex’s services through their MT4 platform, WebTrader, and mobile platforms.
For instance, the worldtradex website supports 12 languages in addition to English, covering both European and Asian markets. The company has also provided the necessary documents and a risk warning. Trade forex with fixed or flexible spreads, starting from as low as 0.0 pips. Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions. You can choose from our wide selection of currencies, metals, indices, commodities, shares and futures and start trading with competitive conditions and dedicated support. The swap or rollover fee refers to additional charges that can be incurred overnight when traders leave trading positions open.
All Info About Accounts
These markets are accessible via the MT4 trading platform, one of the most popular platforms among traders. In addition, the MT4 platform provides traders with comprehensive trading tools and features to create their trading strategies. worldtradex offers multiple account types, but it’s important to scrutinize the details. Some accounts may offer higher leverage or lower spreads, which can be attractive to traders, but these conditions may also be risky for inexperienced individuals. Moreover, unclear or overly complicated account types can sometimes be a sign of a scam, where hidden fees or unfavorable terms may apply to certain traders. worldtradex offers customer support through live chat and email, but the quality of their service has been questioned by several users.
A guide to online security
Additionally, they offer a free demo account to practice on their platforms. worldtradex uses a proprietary trading platform, which means it does not rely on third-party platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) that are commonly used by many established brokers. While proprietary platforms can be effective, they also present an added layer of risk for traders, as they are often untested compared to the industry-standard platforms. Traders may find it challenging to assess the quality of worldtradex’s proprietary platform without firsthand experience, and it is essential to thoroughly explore its features before trading with real funds. One of the most important factors in determining the legitimacy of an online trading platform is its regulatory status. Regulation also helps in maintaining transparency, security, and fair trading practices.
worldtradex vs Interactive Brokers
The broker is operated by Tradeco Limited and offers negative balance protection. While it holds regulatory status, the offshore nature of the license places it in a lower regulatory tier compared to more established jurisdictions. Overall, I found worldtradex to be a suitable option for day traders, cryptocurrency traders, and those interested in copy trading. However, when I asked about the broker’s margin call, the agent seemed confused and provided a ready-made answer that was not quite relevant to my question.
- With worldtradex, client funds are kept secure in top-tier institutions, and their personal information is guarded under SSL encryption.
- If there’s anything we can do to resolve the situation, please do not hesitate to reach out to us at We look forward to the opportunity to make things right.worldtradex ⚡️Empowering traders.
- While the content is particularly useful for day traders, it also provides insights into broader and long-term market trends.
- We take all comments seriously and are dedicated to continuously improving our services.
- You can benefit if the price moves in the direction you have speculated, but you may incur losses if the price of the underlying asset moves against you.
The interface of the personal cabinet is similar to the official website. As a trader, you can trade https://worldtradex.site/ CFDs for any financial asset, as you do not need to own the underlying asset. With CFD trading you are trading the price changes of the underlying asset and it is a more popular way for online traders to partake in the financial markets.
Unlock your potential with worldtradex
This Forex broker brings a lot to the table, catering to traders of all stripes. Whether you’re into forex, metals, futures, commodities, shares, or indices, worldtradex has got you covered. My tests revealed that worldtradex charges relatively high spreads on most instruments. Additionally, it lacks a raw spread account and does not offer phone customer support. worldtradex offers a blend of market research developed in-house and incorporated from third-party providers.
Based on the available information, worldtradex does not appear to be a fully regulated broker, and it has garnered mixed reviews from its users. While the platform offers a range of trading features and tools, it lacks transparency in key areas like security and regulation. The absence of credible licensing and consistent negative feedback from users suggests that potential traders should proceed with caution.
Trade with competitive spreads
Although I recorded extremely favorable spreads on Bitcoin, worldtradex’s spreads on other popular instruments exceeded the industry average during my tests. To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals. Information posted on the portal antiscam-help.reviews, is for informational purposes. The portal administration is not responsible for the loss of financial resources by clients, as well as possible harm caused to them in connection with the published data, including lost profits. The exact operating period is not stated on the official website, but worldtradex boasts awards received in 2022, 2023, and 2024. Therefore, it can be assumed that the platform was launched in 2022.
Use a combination of letters and numbers with no connection to your personal information. Never send your password via email or disclose it to Worldtradex company reviews anyone else. Remember, worldtradex will never send you an email to request your password or other sensitive information.
worldtradex offers CFD and Futures trading through 4 account types, including a Cent with a minimum deposit of $10 and floating spreads from 1.1 pips. The FSA-regulated broker accepts Skrill and Crypto payments. worldtradex offers clients the powerful MetaTrader 4 (MT4) trading platform, one of the most popular platforms among traders. The user-friendly interface of MT4 makes it easy for traders to execute trades quickly and monitor the markets with ease. The broker provides various financial instruments, including forex, metals, futures, commodities, shares, and indices.
The fee is applied by the broker so traders can continue holding a leveraged position after active market trading hours. A CFD (Contract for Difference) offers the opportunity to traders to speculate on the price movement of different financial assets without owning them directly. With a CFD contract you agree to pay the difference between the opening and closing prices of an underlying asset. You can benefit if the price moves in the direction you have speculated, but you may incur losses if the price of the underlying asset moves against you. worldtradex is authorised and regulated by the Seychelles Financial Services Authority, which means that there are measures in place to protect clients. Client funds are held in segregated accounts and all client personal information is guarded under SSL encryption.