worldtradexFX Review 2025 Fees, Platforms, Apps, Pros & Cons

worldtradexFX Review 2025 Fees, Platforms, Apps, Pros & Cons

Clients are, however, not allowed to withdraw from their accounts unless the account is verified. Multiple payment options including credit cards, debit cards, Skrill, Neteller and Bank Transfers, make it convenient for clients to fund their accounts using their preferred payment method. With an unrestricted number of traders to copy, clients can create a balanced trading strategy for themselves.

Here will have an account that is totally Sharia law compliant and benefit from the award-winning service of worldtradexFX in the area. Until recently, the broker had also been regulated by the FCA, however worldtradexFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer. For those reasons, our team here at Investingoal is happy to recommend worldtradexFX as a top choice for scalping. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to worldtradexFX. Our expert guides and analysis have everything you need to hit the ground running.

Is the worldtradexFX trading platform user-friendly?

Awards can be in the form of best broker, customer support, trading platform, etc. Looking https://worldtradex.space/ through the worldtradex website and heading to their Awards section, you can see that they have many awards that date all the way back to 2012. While worldtradex’s effort to comply with international regulatory standards is commendable, the nuanced nature of regulatory transparency and coverage highlights the importance for traders to conduct due diligence. Traders should consider both the protections offered by these licenses and the geographical limitations. Understanding the regulatory standing of a broker not only informs traders of the protections in place but also of the broker’s commitment to upholding high standards of operation and client service.

Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, worldtradex’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches. The “Space” functionality, which provides tailored trading ideas and market analysis straight https://worldtradex.world/ on the platform, is one prominent feature. This function gives pertinent insights in real-time, hence improving decision-making. The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily.

How to open worldtradex Live account?

The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media. worldtradex minimum deposit is $25 allowing you to open an account and start trading. However, the minimum deposit amount may vary depending on your region and the payment method you choose. worldtradex Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator.

  • To use the VPS service, you must have an active account and a minimum deposit of $500.
  • The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily.
  • In terms of card methods, only Visa is an option, but you do many e-wallet options along with bank transfers and crypto transfers.
  • You can further benefit from one click trading, the ability to order directly from charts, and regular price alerts.
  • So we needed to take a closer look to see if worldtradexFX could be trusted or if they were just blowing smoke.
  • In terms of forex, worldtradex will let you trade the major, minor and some exotics.

Withdrawal Methods

This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. The minimum order size you can expect when trading with worldtradexFX is 1 micro lot. This is the same as 0.01 standard lots, or equal to $1,000 in cash value.

Spanning across the globe, worldtradex is subject to regulation by several authorities including the FSCA, MISA, and CySEC, reflecting the diverse regulatory landscape governing the activities conducted by worldtradex. Recognized as a reliable broker as worldtradex operates for many years, it is fit for most traders, especially International traders since worldtradexFX proposal internationally is much wider and better quality too. worldtradexFX provides well in terms of language choice to traders, though there is a clear focus on the Asian market when it comes to available languages. The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community.

Luckily, worldtradexFX stands out for keeping their fees and commissions competitive across all their different account types. But overall, I’m satisfied with the payment flexibility worldtradexFX provides. Funding and withdrawing is quick and free across the methods I use regularly. By the end of this review, you’ll know exactly what to expect from worldtradexFX and whether or not they are a legit and reliable broker to trade with. We’ll even compare them to other top forex brokers so you can make an informed decision.

Exness has a higher minimum deposit of $200, while FXTM requires a bigger investment of $500 minimum to open an account. They have a wide asset list, but the array of assets is limited to each product except for forex and crypto. The spreads are average, and the minimum deposit on accounts is 100 USD with the methods of depositing and withdrawing, including bank transfers, Visa, and e-wallets. worldtradex offers copy trading or social trading through the worldtradex trading app called worldtradex Copytrading using the trading platforms they offer, on both MetaTrader 4 or MetaTrader 5. Alternatively, for new and experienced traders alike with a lower risk tolerance, they may instead opt for a demo account. To open this free demo account, the trader is not required to spend any real money or funds as they will be provided with virtual practice money.

No, the bank account must be in the account holder’s name and registered worldtradexFX trader. The spreads and terms of worldtradexFX protect against swaps on major instruments such as EUR/USD, NASDAQ, Bitcoin, etc. worldtradexFX charges mark-up on spreads, which covers worldtradexFX’s cost for facilitating the trade. This exceeds the usual success and profitability metrics, providing traders with more personalized guidance. Any remaining balance will typically be returned to you using the available withdrawal methods. Yes, you can have both types of accounts open simultaneously with worldtradexFX.