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Forex Trading

Worldtradex Review in Jun 2025 Must-Read Before You Trade

Traders are advised to confirm which entity they are registered under to understand the specific safety measures available to them. Clients trading under CySEC (European Union) regulation benefit from negative balance protection, which prevents losses from exceeding account balances during high market volatility. However, international clients outside of the EU may not be covered by this protection, so it is essential to check which Worldtradex entity your account is registered under.

Most traders will satisfy AML/KYC requirements by submitting a copy of their ID along with one proof of residency document. This platform is for professional traders and has 59 technical indicators. With this platform, you can access over 10,000 financial instruments. It has auto-open & close positions, advanced tools, and advanced functionality. The spread comparison between Worldtradex and Exness below is based on real trading data. Review this table to see which broker offers tighter spreads across major forex pairs, helping you lower your trading costs.

There are customized real-time trade and news alerts available directly on the platform or via email or text message. This enables you to stay up to date with the latest market news and pricing. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors. Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We provide objective and unbiased reviews, analysis and commentary. We verify some of our data for quality control but there are slight variations occasionally.

Reputation and credibility in trading vary in the products and services offered and executed by an online broker. Worldtradex claims to be one of the most reputable Forex Brokers in the trading industry. Does this broker really give the most suitable trading products among global markets? On the Standard MT4/MT5 account, spreads start from 1.0 pip with no commission. The Raw account offers spreads from 0.0 pips with a commission of $3 per lot per side.

How to open your account

Also, the financial accounts are audited by external audit firms to ensure constant compliance with regulations across the operations of the company. Spreads start from 0.0 pips on the Raw account and from 1.0 pips on the Standard account, offering competitive pricing for both retail and professional traders. For example, Worldtradex cheating Worldtradex charges $10 for international bank wire transfers, $25 for broker-to-broker transfers, 2% for Neteller, 1% for Skrill, 0.5% for FasaPay, 1.5% for PayTrust, and 2% for PayPal. While many funding methods are free, certain options may incur fees.

Then, you will be asked to configure your account and then fill out the declaration. The CFD fees for the non-index items like Apple and Vodafone are higher than brokers like XTB and Worldtradex. XTB, for the same scenario, would cost $17.9 for Apple and $20.9 for Vodafone. Worldtradex, on the other hand, would cost $3.4 and $5.6 for Apple and Vodafone, respectively. To secure traders’ interests and rights, they regulated by top-tier regulatory agencies.

What is the highest leverage offered by Worldtradex?

At Worldtradex, the feature is available via the MetaTrader suite of platforms. IRESS is an innovative trading platform with a fluid and intuitive design that supports multi-product execution and provides access to level 2 exchange data. The platform displays current prices streamed directly from the underlying exchange and has your orders placed into the exchange order book at the click of a button. Worldtradex provides a wealth of educational resources, including webinars, eBooks, and trading guides.

  • If you would like to invest your money with expert traders, Worldtradex ensures that you can.
  • 70.7% of retail investor accounts lose money trading CFDs with this provider.
  • Designed with a mobile-friendly interface, the apps ensure that traders can manage their portfolios efficiently from virtually anywhere.
  • The customer service experience at Worldtradex is top-notch, accessible, and helpful.

Professional charting and analysis are available

Worldtradex maintains a highly transparent and cost-efficient fee structure, making it an appealing option for both novice and seasoned traders who prioritize clarity and affordability. The broker provides detailed and easily accessible information on spreads, commissions, and swap rates, allowing clients to understand and manage their trading costs with confidence. Worldtradex offers CFDs on major global indices, including the NASDAQ 100, S&P 500, Dow Jones 30, FTSE 100, DAX 30, JP225, and HK50. The broker also supports trading on futures-based indices and regional markets such as the AUS200. With low margin requirements, fast execution, and AU$1 per point pricing on select indices, the platform appeals to traders seeking macro-level exposure. Worldtradex offers competitive trading fees and spreads across various account types and financial instruments.

For the Standard account, the minimum spread starts at 1.0 pips, with no additional commission. This results in a total trading fee of approximately $10.00 per standard round lot. Additionally, their responsive customer support and flexible, secure deposit and withdrawal options add to the overall appeal of Worldtradex. Worldtradex offers 24/5 customer support, available through various communication channels including phone, email, live chat, and social media.

Trading Fees and Costs

Beginner traders have access to quality educational content, in-house research, services provided by Trading Central, copy trading, and retail account management. The withdrawal process remains swift and hassle-free, earning Worldtradex a top rating in this category. The back office makes it easy to request a withdrawal, which takes a few seconds. There are no internal withdrawal costs at Worldtradex, but third-party charges may apply, dependent on the selected method. Processing times also depend on the chosen method, and Worldtradex notes one business day for internal processing times. Per AML guidelines, the name on the trading account and payment processor must be identical.

Deposits and withdrawals at Worldtradex

Most of Worldtradex’ research is found under the Traders Hub blog section on its website, where it is separated into technical and fundamental analysis. When compared to the best brokers for research, Worldtradex has room to improve and could enhance its research offering by expanding it to include a wider array of daily content. Forex and CFD traders will find a versatile, affordable MetaTrader and cTrader offering at Worldtradex, but with fewer research and educational content than what is offered by industry leaders. Please read our risk warning and disclaimer carefully before making any investment or taking any action. The analyses provided are for information purposes only and cannot replace an individual discussion with a competent person. Any liability for the direct and indirect consequences of these proposals is therefore excluded.

Please consider contacting a professional advisor if you require any financial assistance. Swap charges in forex, also known as financing charges, or rollover, are interest charges or credits applied on leveraged positions held overnight in forex or CFD trading. The interest rates are dependent on the interest rate differentials between the two currencies of a forex pair and can result in either a gain or a cost, based on whether the position is long or short. A $6 commission per standard lot is quite fair since many other leading brokerages charge higher commissions. However, some competitors like Fusion Markets offer considerably lower roundturn commissions of $4.50.

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. MetaTrader 4 (MT4) is a highly popular platform among Forex traders, known for its simplicity and powerful features. Worldtradex offers it as a free download for Windows, macOS, and mobile devices.

Its Raw account will appeal to day traders and scalpers, whereas its Standard account will appeal to beginners. https://worldtradex.world/ Its free educational content also sets it apart from the competition. Get access to trading signals from Trading Signal and Autochartist as soon as you fund your account. You’ll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.

Worldtradex forex broker review

You can contact Worldtradex through live chat, email, phone, or via a call-back service. Help is offered in a variety of languages, and when we reached out, we found the staff to be knowledgeable, friendly, and quick to respond. Swap-free accounts, also known as Islamic accounts, are available upon request. However, you should note that an administration fee applies when positions are kept open for two or more trading days in a row. Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView.

  • Worldtradex’ customer support is available 24/5 via live chat, email, and phone.
  • Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
  • Worldtradex also offers a swap-free Islamic account, catering to traders who follow Sharia law.
  • Industry experts recommend Worldtradex for both beginner and expert traders.
  • These regulatory bodies enforce strict compliance with financial laws, enhancing trust and security for traders globally.

However, Worldtradex spreads, and commissions are not unreasonable or higher than normal. To get the full details, read their commissions, and spread information. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site.

This unique feature sets Worldtradex apart from the majority of other brokers that don’t offer crypto funding. However, keep in mind that orders made in demo mode aren’t executed in the live market, potentially giving you quicker execution times for your trades. Additionally, they feature a modest minimum deposit requirement of $40, which is relatively low compared to brokers like IC Markets which require $200. It is important to ensure you trade only with a well-regulated brokerage firm. You should also consider the security and the money guarantees provided by your online broker.

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