Whether you are at the office or traveling, you can check your trading account all the time using this platform. Then there is a Web-based trading platform of MT 4 and also mobile trading applications for iOS and Android. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Client security is a key aspect of the groups philosophy with client funds being held in segregated accounts in accordance with strict policies and procedures, separate from their own funds.

So, here in this article, we will talk about the worldtradex MT4 or MetaTrader 4 in detail. Whether it is about the speed of execution of the order to the safety of the transaction after it. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.

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Through exceeding client’s expectations and setting the bar so high, the broker has been rewarded with numerous awards for their innovative and advanced trading platforms. worldtradex has a strong presence in various Asian countries, including Malaysia, Thailand, Vietnam, Indonesia, Singapore, and the Philippines. The broker provides localized support and offers services tailored to meet the needs of traders in the Asian market. With high leverage options and multiple trading platforms, worldtradex continues to attract a growing number of traders from this region.

They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips. It introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself prior to or alongside your live CFD account. worldtradex, founded in 2010, is a forex and CFD broker regulated by multiple authorities, including ASIC, FCA, and under MiFID regulations.

  • You can trade spot metals with no currency exposure, some of the most competitive spreads and industry leading trading conditions.
  • These instruments are available for trading on the MT4 platform, which provides advanced charting tools and real-time market analysis.
  • Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
  • worldtradex offers commission-free trading and floating spreads from 0.9 pips on its No Commission account.
  • Bespoke technologies empower our clients to trade with precision, without slippage and re-quotes.

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. Yes, you can trade shares of different companies using the worldtradex trading platforms. We will also guide you about how to set up the trading platforms of Iron FX. worldtradex regularly organizes trading contests and competitions with lucrative prizes, including cash rewards, luxury trips, and high-end gadgets.

Is worldtradex suitable for spread betting?

I like how they have strict regulation in multiple jurisdictions and are well respected within the industry. The high quality of their services has been acknowledged by the numerous international awards that they have won over the years. If you are looking for a reliable trading broker with everything that you need in once place and much more, worldtradex are a top choice. Founded in 2010, worldtradex has grown into a leading Forex and CFD broker, serving over 1.5 million clients from 180 countries. Renowned for offering the trusted MetaTrader 4 (MT4) platform, worldtradex is regulated by top authorities, including the FCA and FSCA.

worldtradex Deposits

  • TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
  • Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
  • With high leverage options and multiple trading platforms, worldtradex continues to attract a growing number of traders from this region.
  • However, it’s crucial to keep in mind that the most overlooked fees in Forex trading are swap rates on leveraged overnight positions.
  • Our award-winning trading platforms, for web, desktop, mac and mobile, include an advanced charting package and many customizable tools, allowing all types of traders to access their accounts.
  • worldtradex regularly organizes trading contests and competitions with lucrative prizes, including cash rewards, luxury trips, and high-end gadgets.

However, I consider it cumbersome and not the best choice for analyzing price action. According to its LinkedIn page, worldtradex has been in operation for 15 years and employs over 600 people—both indicators of its stability. After reviewing the broker’s legal documents, I found everything to be in order. The Client Agreement is easily accessible on the website, with all relevant information presented clearly and in an easy-to-understand format. 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 and investor for close to ten years.

Are worldtradex’s Fees Competitive?

Signal followers can quickly and easily assess the performance of various trading strategies based on various parameters, including their average return, maximum risk, longevity, and more. I have compiled the table below to help you better understand the difference between the trading fees with worldtradex’s No Commission account type and the industry average. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large. worldtradex provides free Virtual Private Server (VPS) hosting, helping traders achieve ultra-fast order execution speeds and diminish the risk of negative slippage. Another perk for scalpers is the one-click trading feature available on MT4. However, the platform has cumbersome charts and lacks a timeframe lower than 1 minute.

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. worldtradex is an ideal choice for news traders because of its comprehensive market research offering. It consists of actionable trading signals, a robust market sentiment gauge, detailed market breakdowns, and more.

They could improve by adding some crypto payment options but that is not really a deal breaker from my perspective. You will find that they have an excellent variety of convenient deposit and withdrawal methods to meet everyone’s needs. Some clients may find the online payment processors more convenient and faster. I personally use digital wallets as they allow me to move my funds around faster. This can be vital if there is a scenario where there is some major market news that I need to try and capitalise on. If that was the case, I wouldn’t want to be waiting around for days whilst a bank transfer clears.

Its educational content is thoughtfully designed to cater to traders of all experience levels. Clients must contact the broker’s customer support to request further assistance. worldtradex’s TradeCopier connects signal providers and signal followers and is available from the client portal.

My test indicated that the spreads on this account are broadly average to high compared to the industry benchmark. It also offers a variety of trading accounts, most of which have no minimum deposit requirement, and provides excellent conditions for copy trading. worldtradex enables commission-free trading; however, I found that spreads on some popular instruments Worldtradex company reviews exceed the industry average. 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.

worldtradex adheres to strict regulatory standards to ensure a safe and transparent trading experience for clients in this region. In the Middle East and Africa, worldtradex offers its services to traders in countries such as the United Arab Emirates, Saudi Arabia, Kuwait, Nigeria, South Africa, and Kenya. The broker provides specialized account options and customer support tailored to the preferences of traders in these regions. worldtradex’s competitive trading conditions and commitment to security make it a preferred choice for many traders across the Middle East and Africa.

63.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. I found worldtradex’s selection of tradable instruments diverse enough to accommodate most trading strategies.

Trading with a regulated broker can give clients confidence peace of mind that they have full security, by using a company that operates with the upmost transparency and integrity. I would personally have no issue in trusting them with my funds and can therefore trade without worrying. Staying informed about major economic events is crucial for successful trading. worldtradex provides an up-to-date economic calendar that highlights important economic releases, central bank meetings, and other events that may impact the markets. Traders can use this tool to plan their trades and anticipate potential market movements based on upcoming news. By referring friends or family members to worldtradex, clients can receive bonuses or cash rewards once the referred person opens an account and meets the specified trading requirements.

The trading process is automated which keeps manual intervention to a minimum and thus helps to maximise efficiency and effectiveness. The award-winning trading platforms available provide an automated risk-management system to ensure that client accounts will never go negative. worldtradex serves a significant number of clients across Europe, providing services in countries such as the United Kingdom, Germany, France, Italy, Spain, Greece, Portugal, Sweden, Norway, and more.