I appreciated Worldtradex’s investment in comprehensive educational materials and high-quality market research. Worldtradex offers a wealth of educational content, including over 180 blog articles, nearly 200 recorded webinars, more than 35 educational videos, 16 podcast episodes, and 4 eBooks. These resources cover key trading topics such as “Introduction to Forex Trading,” “Trading Terminology,” and “Fundamental Analysis,” among others. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and exploit the underlying trading opportunities in multiple ways. Brokers operate multiple entities globally, but regulatory protections vary.
Xs.com Review
The broker has streamlined the registration procedure, ensuring that clients can begin trading with minimal delay while still adhering to necessary regulatory requirements. We are truly sorry to hear about the challenges you’ve faced and understand how inconvenient this must have been. Should you have any additional questions or require further support, please don’t hesitate to contact us.Best Regards, Worldtradex ⚡️Empowering traders. While many forex brokers may try to lure you in, you should always explore their offerings and see what works for you and what is important. A trusted broker ensures that you can have a fair and transparent trading experience.
The broker offers the Trading Central package, which includes an intuitive economic calendar, featured trading ideas, and the Market Buzz feature. Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself. I reviewed Worldtradex’s legal documents and found everything to be in order. The Client Agreement is readily available, and all relevant information is presented clearly.
The desktop platform is Worldtradex scam highly customizable, allowing traders to tailor their trading experience to their specific needs. It’s the platform of choice for those who require in-depth analysis and sophisticated trading strategies. 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.
Ensure you are aware of your risk tolerance and seek independent financial advice if necessary. Past performance is https://worldtradex.live/ not indicative of future results, and no trading strategy can guarantee returns. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I fell for the online AI fake news stories that celebrities where making loads of money from investing £200. Everyone was really nice that I spoke to and Sunny Gordon was excellent but after a week or so he rang and asked if I was ready to invest more.
Excellent service & brilliant colleagues
- Negative balance protection safeguards clients from incurring losses beyond their deposits.
- Deposits are instantaneous and free, while withdrawal times are subject to the payment provider, ranging from the same day up to 10 business days, with no additional charges from Worldtradex.
- Find a broker with a license from reputable authorities, such as FCA, ASIC, or CySEC, such as Go Markets, BlackBull Markets, and Worldtradex.
- Traders can browse the 25,000+ custom indicators, plugins, and EAs available for MT4, but the quality upgrades are not free.
- Worldtradex supports trading via the popular MetaTrader 4 (MT4) platform, which is available in both desktop and web-based versions.
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. 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. Additionally, they offer a free demo account to practice on their platforms. Holding over 16 years of experience in global financial markets, and 4 B.A. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…
Primary markets
Clients can request further assistance by contacting the broker’s customer support. Worldtradex offers three retail trading accounts with a minimum deposit of $50. The chart screen is undeniably one of the most crucial features of a trading platform. It equips traders with essential tools and configurations to analyze price action and spot trading opportunities.
- One of the main reasons why the MT4 is so popular among traders is that it’s simple to learn, use and has an outstanding performance.
- In the case of Worldtradex, its regulation by the Seychelles FSA is a positive aspect, as it signifies adherence to recognized standards in the industry.
- We stand as a trustworthy companion in your trading expedition, ensuring each step is enlightened by knowledge, imbued with support, and enriched by unparalleled trading conditions.
- This includes get rich quick schemes and institutions risking client money.
Additionally, Worldtradex employs advanced encryption technologies to protect client data and transactions, ensuring that personal and financial information remains secure. Hello Federico Brakus,We’re glad to hear that you have found our educational materials to be informative. Our team is dedicated to providing our clients with the resources they need to succeed, and we appreciate your feedback. If there’s anything specific you’d like to see in our educational offerings, please let us know. Worldtradex’s competitive edge is sharpened by its low spreads starting from 1.1 pips and the absence of commission charges, thus rendering trading with Worldtradex as exceedingly cost-effective. Additionally, swap fees are levied on positions that are kept open overnight, but with the availability of a swap-free account option for Islamic traders.
Trust and market reputation
It is regulated by the Seychelles Financial Services Authority (FSA), ensuring compliance with industry standards and offering a secure trading environment for its clients. In addition to direct support, Worldtradex offers a range of educational and troubleshooting materials, such as platform guides, video tutorials, and a help center, which traders can access at any time. These resources are designed to help traders resolve issues on their own and enhance their understanding of the platform and trading process.
Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. While Worldtradex’s spreads are competitive for some assets, they’re higher than average for currency pairs. No matter which account you choose, you’ll have access to over 300 tradable instruments across six asset classes. Plus, you’ll be trading on the industry-leading MetaTrader 4 platform, known for its fast execution and robust features.
Why use the Good Money Guide?
The leverage level can be adjusted to suit the specific requirements of traders, allowing them to take control of their trading strategies. For instance, a forex trader with $250 in their account can take a position worth up to $250,000 through leveraging. Worldtradex’s top priority is to ensure security and reliability for their clients as well as offering round-the-clock customer service for quick resolution of traders’ queries. The broker’s low spreads make it one of the most competitive brokers in the market. My tests revealed that Worldtradex charges relatively high spreads on most instruments.
Inactivity Fee
Additionally, it lacks a raw spread account and does not offer phone customer support. Broken by asset class and compared to the industry average, Worldtradex offers an average number of share CFDs and a high number of currency pairs, commodities, indices, and cryptocurrencies. Worldtradex provides over 320 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, and futures contracts. The selection is wide and diverse, though there are no low-risk securities such as ETFs.
Worldtradex incorporates the standard suite of MetaTrader 4 available for desktop, web, and mobile trading. It can be used for automated trading via EAs, basic technical analysis, and simple order execution. Worldtradex has a $50 minimum deposit requirement and provides plenty of educational and research content. However, our tests showed that it charges above-average trading spreads. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review.
With a deep liquidity pool in futures trading, traders can take large positions without worrying about slippage. Worldtradex offers a wide range of payment methods for deposits and withdrawals, including credit/debit cards, bank wire transfers, and e-wallets. For withdrawals and deposits, Worldtradex does not charge any extra fees for using their payment gateways. However, clients might need to pay third-party charges depending on their payment method. Worldtradex ensures seamless financial transactions through a versatile range of payment methods, including credit/debit cards, bank wire transfers, and digital assets.
