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In the personal cabinet, you can view trading transactions, change leverage, deposit and withdraw profits, and participate in promotional programs. The WorldTradex Group of companies holds licenses from leading regulators in various jurisdictions, including ASIC in Australia, CySEC in Cyprus, FSC in Belize, and DFSA. These licenses testify to the company’s strict compliance with international standards and regulatory requirements. However, the products are not extensive, which can dampen the experience for people. It is also not up to date in all respects, such as not allowing deposits from PayPal or having two-step verification. Many customers find it easy to use and navigate, especially with the in-house guides, technical support (when open) and webinars.
Withdrawal Methods
WorldTradex Group offers a strong selection of trading platforms and tools, including MetaTrader 4 and MetaTrader 5. The rating for platforms and tools is average, making it a viable option for most traders. Our review found that WorldTradex offers three mobile trading platforms, which is more than other brokers, including MT4, MT5, and the WorldTradex App.
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Ida’s passion for crypto trading sparked a deeper fascination with Forex technical analysis and price movement. She is continually expanding her knowledge in Forex trading, staying informed about the latest trends and identifying the best trading environments for new traders. We found that WorldTradex offers excellent technical analysis tools and that its in-house curation of research data far surpasses that of other brokers.
- Getting into the area of trading online demands expert assessing skills and comprehensive knowledge.
- This innovative approach allows copying the trades of experienced traders directly on your account.
- The amount of quality educational content provided by WorldTradex Group bestows it a high rating for education and beginners.
- Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features.
- However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
- After thoroughly testing WorldTradex across various aspects, we can confidently say that it is a solid choice for traders of all levels.
- MetaTrader is known for its clean and good feel while trading, also its Charting are among the most powerful offerings in the industry.
Withdrawal of cash is possible at any moment from the WorldTradex account. You can draw up sums to the amount of your account balance, keeping aside the perimeter used. One thing to remember is that you don’t always need to have any cash on your accounts. This WorldTradex review breaks down every one of the applicable non-trading charges for you in detail. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are those that are charged when you maintain a leveraged position for more than daily.
- Other clients can connect to the service for a monthly fee of $28.
- Still, the Standard account with above-market average spreads, swaps, and possible inactivity fees balances out this advantage.
- Because we were depositing funds from an Indian bank with an INR trading account, we were charged currency conversion fees on both our deposit and withdrawal.
- When considering WorldTradex for your trading activities, its financial regulatory status in your region is crucial.
- On the other hand, a spread denotes the difference between the buying and selling cost.
- Don’t let them trap you in an endless loop, use platforms like, PWG, that process payouts fast and the returns from their program are outstanding.
An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. All websites and web-based platforms are tested using the latest version of the Google 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.
Consider Trading with WorldTradex If:
It is authorized by major regulatory bodies including ASIC, MiFID, and the FCA in the UK. The trust score of 88, as rated by ForexBrokers.com, indicates a “Trusted” broker. You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. Unfortunately, WorldTradex doesn’t offer the popular third-party tools such as Autochartist or Trading Central, that are commonly available at other brokers.
Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. WorldTradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message. They provide support 24 hours a day from Monday to Friday and 18 hours over https://worldtradex.site/ the weekend via email, phone, and chat. Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features.
Is WorldTradex a good broker for beginners?
WorldTradex offers access to 55 currency pairs, excellent customer support and it has a trust score of 97 out of 99. I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker. I guess that for some people at least it is like that because there is quite the number of reviews here.The spreads are very tight starting from 0.6 pips, although you might see a little bit higher in rl.
In the trading world, brokers like WorldTradex, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. To better understand the WorldTradex trading platform, you can create two separate accounts – one with real money and the other a WorldTradex demo account.
Dear users,We would like to inform you that this review has not been posted by a verified client of WorldTradex. WorldTradex Group’s mobile trading apps are reliable, with a strong rating. They support both MetaTrader 4 and 5, making them a highly recommended choice for mobile trading. WorldTradex Group is a trustworthy broker, though it is not publicly traded.