I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. WorldTradex’s market research is well organized and varied in its content. Rather than specializing in any one field, WorldTradex provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, WorldTradex has room to enhance its research offering. For instance, I found that the content on the WorldTradex Blog is not updated daily across all categories. Don’t be fooled by this WorldTradexFx, they are blocking and returning the money of many customers from the market, when you try to withdraw, they show strange reasons and finally they are stealing your money.
The trading costs are very competitive whilst customer support is prompt to answer questions. Trading instruments may perhaps be too limited for some although the forex offering https://worldtradex.pro/ is probably adequate for most forex trader needs. I think they can be worth consideration for anyone who is primarily looking to trade forex in a regulated environment backed by award winning customer support. Founded in 2011, WorldTradexFX provide a fantastic selection of use-friendly yet powerful platforms for trading forex and CFD instruments with very competitive costs. You can choose from a decent variety of versatile account types, each designed specifically for different types of trader.
Is Forex trading allowed in Hungary?
Our commitment to safeguarding your investments is evidenced by our negative balance protection feature available to every client. Our robust risk management system ensures that you can never incur losses beyond your initial deposit. Should your balance go negative due to unforeseen market movements, WorldTradexFX promptly adjusts your account balance back to zero. Beyond its trading platform, WorldTradexFX stands as a beacon of knowledge. Whether you reside in India, Indonesia, or Pakistan, WorldTradexFX ensures that traders are equipped with daily expert trading advice and educational insights. For those keen on learning, WorldTradexFX’s regular webinars, conducted in collaboration with industry stalwarts, offer an invaluable resource.
Welcome Bonuses
Log in to your WorldTradexFX account, go to the “Withdrawal” section, select your preferred payment method, enter the withdrawal amount, and follow the instructions. Visit WorldTradexFX’s website and click the “Open Account” button to start. Fill in the necessary information, select your account type, and finish the registration process. The spreads and terms of WorldTradexFX protect against swaps on major instruments such as EUR/USD, NASDAQ, Bitcoin, etc.
Does WorldTradexFX provide access to a Islamic account?
- Yes, you can have both types of accounts open simultaneously with WorldTradexFX.
- After that, click Continue to finalize the account creation.
- In line with the desktop version, the WorldTradexFX app is execution-focused.
- Most of the trading tools and indicators offered via the desktop version are readily available on the mobile trading app.
- Tailored to cater exclusively to proficient traders from diverse financial backgrounds within the UAE, the MetaTrader 5 account proffers avant-garde trading instruments and exceptional trade conditions.
- This unique characteristic enables commodities to play a pivotal role in constructing a diversified and resilient investment portfolio.
- Although WorldTradexFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide.
We will review some of the trading tools offered on the mobile trading app below. The company currently has a proprietary trading platform known as WorldTradexTrader. In addition, clients can trade through MetaTrader 4 and 5. Furthermore, WorldTradexFx has an easy-to-use app which is also available on Android and IOS devices. This app allows users to enjoy a smooth trading experience and keep track of executed orders from anywhere.
Commissions and Spreads
Additionally, WorldTradex offers its own proprietary platform called WorldTradexTrader. WorldTradexTrader offers decent usability and is a bit more simplified than MT4 and MT5. WorldTradex’s social/copy trading platform is also part of this mix. WorldTradex runs primarily off of the MetaTrader platforms, including both MT4 and MT5.
For those new to forex trading, we recommend resources such as How to Create and Manage a Forex Trading Strategy. Our resource on How to Read Forex Charts is also helpful to new investors. When doing research for this WorldTradex review, we noticed a few areas where this broker stands out in the industry. We noticed one of the primary focuses of WorldTradex is its focus on emerging markets.
Pros and Cons of Regulation and Safety of Funds
Again, in addition to copy trading, it offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat. Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage. After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed. The Mobile app offers market data; quotes in simple and advanced modes.
Easy to operate copy trading app makes my life much easier. It also means traders have recourse if any issues ever did arise. But so far throughout their 12+ years in business, WorldTradexFX has maintained an impeccable reputation. There’s always a friendly agent ready to answer my questions, no matter what time of day it is! The chat box pops up instantly on their website – no waiting or hunting around to get help.
This means they adhere to strict laws and oversight designed to protect traders. Yep, this forex broker is still a spring chicken compared to some of the old dinosaurs in the industry. But in its short life, WorldTradexFX has already made quite a name for itself. There is a dedicated telephone helpline referenced during the account opening process.
We truly appreciate your trust in us, and if you need any further assistance, please don’t hesitate to reach out to us via live chat or email at We’re always available to assist you.Kind regards,WorldTradex Rep. WorldTradexfx is an online Forex broker that offers its clients a wide range of services including trading in foreign exchange, commodities, stocks, indices, and cryptocurrencies. It is known for its competitive spreads and low transaction costs.
- No, the broker does not offer real shares as part of its trading instruments.
- We’re happy to inform you that this feature is available on MT4, MT5 and WorldTradexTrader platforms.
- You can earn up to $12 per lot traded, with commissions reaching up to 80% of the spread revenue.
- I have an account with floating spreads and so far, no complaints.
- The CySEC requires brokers to keep client funds securely segregated, maintain sufficient capital, submit regular financial reporting, process withdrawals timely, and follow ethical trading practices.
- FXTM’s MT4 platform is also good, but Exness’s platform felt a bit overwhelming for my taste as a beginner.
- Clients are allowed to trade their favorites, and at that, with low spreads.
WorldTradexFX operates under two distinct entities to cater to a diverse clientele. WorldTradex Markets Cyprus Ltd, registered in Cyprus, operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) through the domain WorldTradexFX.eu. This provides European clients with enhanced safeguards and a trusted trading environment. Conversely, WorldTradexFX.com is a product of WorldTradex Markets Incorporated, based in St. Vincent and the Grenadines, offering its users the benefits of higher leverage and promotional bonuses.
