worldtradex Broker Review 2025: Pros, Cons and Pricing

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The results from our assessment show that worldtradex is a good forex broker. Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. MT4 is our pick for beginners while MT5 is good for experienced traders thanks to its faster processing and greater breadth of indicators, order types and trading tools. worldtradex does not charge inactivity fees – a levy we see at many forex brokers we review. Our testing shows that worldtradex offers lower fees than most forex brokers, especially in its premium accounts. worldtradex also offers a professional account for high-volume traders with a minimum deposit of $5000.

Seamless Financial Transactions

There are more than 30,000 tradable instruments available. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. In a world full of trading possibilities, worldtradex is a solid choice for investors seeking a seamless blend of affordability and top-notch trading platforms.

The company was founded in 2007 and since then has managed to attract https://worldtradex.world/ 155,000 active traders from 130 countries. It provides detailed information and stats on other experienced traders’ strategies and portfolios, which makes it easier to decide who to follow. Great feature if you want to learn from pros while still keeping control of your own investments.

Customer Support

We score and compare forex brokers in more than 15 categories. worldtradex offers traders a robust customer support infrastructure. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. However, customer support isn’t limited to regular work hours. They also extend their reach to cater to queries during extended hours.

There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library). Processing times vary depending on the method you choose. For instant funding, I recommend card payments, which I find easy to set up, while bank wire transfers can take up to 5 days.

Community

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Companies on Trustpilot can’t offer incentives or pay to hide any reviews. If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly. We have members that come from all walks of life and from all over the world. We love the diversity of people, just like we like diversity in trading styles. It creates an environment much like a university or college.

However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount. In this review of worldtradex, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step. worldtradex ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

On the downside, the minimum investment is fairly high at $500. Also, similar to the copy trading service, there is no guarantee you will make a profit. There is also the CQG platform with four different solutions that can be used to trade futures and options. Other fees to be aware of are the swap fees that are charged on positions held overnight. Traders should also keep in mind that triple rate swap fees are charged on a Wednesday. On the downside, our research has revealed that swap-free accounts are not available.

  • The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies.
  • Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals.
  • With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities.

Brokers brag about their rates, like chat rooms claiming to help thousands of traders. Finding the correct broker and subscribing to the right education program took me a long time. Additionally, worldtradex offers a few mobile apps, https://worldtradex.space/ including an advanced app for iOS and Android devices and a swipe app. Likewise, the firm offers an iBROKER Mobile App for futures traders. worldtradex is owned by Lime Trading (CY) Ltd, which is regulated by CySEC and ESMA. It is also a member of the Investor Compensation Fund, which provides additional protection to customers should the broker be unable to meet its obligations.

worldtradex Review Introduction

MetaTrader and CQG have intuitive mobile apps that worldtradex clients can access for free. These provide many of the same features you would find on the desktop and web versions but they allow traders to invest from wherever they are in the world. Sterling Trader also has a dedicated mobile application. Each of these apps can be downloaded for free from the Apple App and Google Play Stores.

In addition, professional traders can benefit from a bonus of up to £2,000 when topping up funds in their accounts. Virtual accounts are excellent for beginner investors, as well as more experienced clients looking to test a new trading strategy. worldtradex provides access to a free demo account that facilitates risk-free investing practice. The sign-up process for the demo account is much faster than the live account registration.

worldtradex uses electronic communications networks (ECNs). This means the broker effectively acts as a middleman to give traders access to the forex market. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report.