worldtradex provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. X (formerly Twitter) and Meta portals are active and populated. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. Client funds are segregated from company funds, reducing the potential for misuse.
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- Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
- There’s no bond CFD coverage but spot, metals, and index products cover the most popular instruments worldwide.
- I understand that it’s important for me to receive high-quality service from the very beginning.
- worldtradex’s competitive trading environment, coupled with comprehensive educational resources for beginners, positions it as a strong choice for traders seeking an industry leader with favorable conditions.
- We have conducted a detailed study of worldtradex brokerage and its trading platforms, the purpose of which was to highlight the pros and cons of using the services of this broker.
worldtradex’s glossary of trading terms is an essential resource for new traders who need to familiarize themselves with industry jargon. The glossary provides clear definitions of common trading terms, ensuring that traders have a strong grasp of the language used in the financial markets. This resource is especially useful for beginners who are just starting their trading journey. worldtradex offers a mobile app you can download for free from the App Store or Google Play. The app allows traders to access their accounts, view real-time market quotes, execute trades, and manage their positions while on the move.
Desktop Experience
- worldtradex is the broker that everyone are talking about lately and one cannot ignore the buzz about them.
- worldtradex offers comprehensive customer support services available 24/5 in a wide range of languages, including Arabic, Chinese, English, French, German, Spanish, Russian, Persian, and many more.
- I had known that everything was gonna be okay with it, but still, some nervousness existed back when I was starting.
worldtradex notes the availability of 80+ currency pairs, making it an ideal Forex broker. Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders. I also like the worldtradex fractional share dealing, which is excellent for smaller portfolios.
worldtradex is also active in the Latin American market, serving clients from countries such as Mexico, Brazil, Argentina, Chile, and Colombia. The broker offers Spanish and Portuguese language support and ensures that traders in Latin America have access to competitive spreads, high leverage, and advanced trading platforms. worldtradex also offers futures trading, allowing traders to speculate on the future price of assets such as commodities, indices, and currencies.
worldtradex provides a rich collection of educational articles that delve into various aspects of trading. These articles cover topics such as market analysis, trading strategies, risk management, and economic indicators. They are well-researched and written in an easy-to-understand format, making complex trading concepts accessible to traders of all skill levels. The articles are regularly updated to reflect current market conditions and trends. Additionally, researching what the MT4 platform offers in terms of features and tools will help in making an informed decision.
How do I know I can trust these reviews about worldtradex?
These points can be redeemed for various rewards, such as cashback, trading bonuses, or exclusive gifts. The loyalty program is designed to reward consistent and high-volume traders, providing an additional incentive to remain active in the markets. worldtradex offers a diverse range of tradable instruments, catering to the needs of traders looking to diversify their portfolios across multiple asset classes.
worldtradex Review – Pros & Cons Revealed
worldtradex provides an average selection of trading platforms and tools. It supports the MetaTrader 4 platform but does not offer MetaTrader 5 or a proprietary trading platform other than its copy trading app, TradeCopier. Its platforms and tools receive an average recommendation. worldtradex EU has a rating of 3.2 stars from 87 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with worldtradex EU most frequently mention trading conditions and account types.
Tradable Instruments
With an average rating for commissions and fees, worldtradex provides a standard cost structure without significant advantages. Hi Fabian,Thank you for sharing your feedback and highlighting your experience with our customer service. We understand the importance of providing timely and efficient support to our valued clients.
Investment Products
Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account. Low trading fees and quality education for beginners from an industry leader. While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need. Signing up with worldtradex wasn’t like a snap decision, did many comparions and did some research as well. Though the top cap on upper spreads seems like a good thing, you often don’t even need that because the spreads overall turned out to be quite affordable, and I am satisfied with my choice. Though the only downside seems to be a platform, which I hope they’d improve this year.
Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. The worldtradex group presents clients with two regulated trading entities and maintains a secure trading environment. The broker’s account diversity is impressive, with a tiered structure that includes floating vs. fixed and commission vs. no commission fee schedules.
It’s not perfect, but it’s definitely good enough to make a money with if you have a good strategy. At worldtradex, we’re dedicated to empowering traders like you to reach their full potential. We’re thrilled that our user-friendly interface, advanced charting tools, and lightning-fast execution have provided you with a seamless and precise trading experience. Our versatile account options are designed to cater to different preferences, allowing you to customize your trading journey for maximum success. We appreciate your trust in our platform and look forward to supporting your continued success in the markets!
FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and spreads, fast, quality execution on every trade. The method you used for depositing funds is also generally the same one used Worldtradex website for withdrawals of profits and any remaining account balance. To access this feature, you must apply for a bank withdrawal from your client portal.
It offers beginner education videos and general education on forex and CFDs. Based on its rating for education and beginners, it provides an average educational experience. Hi Augustin,We’re thrilled to have you on board and glad to hear that you’re enjoying our platform! It’s fantastic to know that you appreciate our clearly defined structure, fast processes, and the overall speed of our platform. We aim to provide an exceptional trading experience, and your satisfaction is our top priority. We welcome you and your friends to join our community, and we’re here to support you every step of the way.
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. To be honest, I don’t remember how long ago I started trading according to my trading strategy. It works pretty well and I don’t want to change anything.As for the broker, I like its conservative attitude to trading conditions.
worldtradex adheres to strict regulatory standards to ensure a safe and transparent trading experience for clients in this region. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.
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. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. worldtradex offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options. However, its total tradeable symbols are far below the industry average of 3,623. worldtradex, founded in 2010, offers a range of forex and CFD trading options. With an average recommendation, it provides essential trading tools and a variety of tradeable instruments but does not stand out significantly from its competitors.