worldtradex Reviews Read Customer Service Reviews of worldtradex com

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A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices.

Several account types allow retail clients to bypass worldtradex’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers. With tight spreads, competitive pricing, and expert market analysis, worldtradex ensures traders can maximize their opportunities and enhance their trading experience. Whether you’re interested in currency pairs, precious metals, or major stock indices, worldtradex delivers a robust trading environment tailored to your needs. worldtradex is an award-winning online trading broker that provides STP/ECN services to consumers and institutional customers at low trading costs.

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Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. https://worldtradex.site/ worldtradex holds a “Trusted” rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry.

Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments.

The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. They could improve by adding some crypto payment options but that is not really a deal breaker from my perspective. worldtradex does not offer trading https://worldtradex.club/ services to residents of certain jurisdictions including USA, Cuba, Sudan, Syria and North Korea. If your country is not accepted, please feel free to take a look at our broker comparison tool for alternative options.

One thing in particular I like that sets worldtradex apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities. Going beyond daily operations, they engage with local communities, assisting in medical research and education. This shows strong business ethics and a responsible corporate attitude by supporting community development.

Webinars are suitable for traders at all levels, from novices to seasoned professionals. worldtradex offers a comprehensive range of educational resources through its School Tab, making it a valuable asset for traders seeking to enhance their skills. With options like courses, seminars, webinars, and podcasts, traders of all levels can benefit from expert insights and knowledge. worldtradex provides access to a variety of commodity CFDs and futures contracts, enabling traders to buy and sell assets like Crude Oil and Eurodollar with fast execution and favorable trading conditions. The minimum deposit to open an account is $100, allowing both beginners and experienced traders to get started with a manageable investment.

Trading Products

Clients can now trade cryptocurrencies directly on the Metatrader platform. Pricing for Forex, spot, and CFD instruments is average-to-competitive, with significantly lower costs at higher account tiers. There’s no bond CFD coverage but spot, metals, and index products cover the most popular instruments worldwide. And Ireland clients can also place spread bets, although the costs are not fully disclosed.

  • Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers.
  • If you are new to trading or just don’t have the time to follow the markets, this is an excellent way to get started.
  • Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.
  • worldtradex is a reputed trading broker with a global customer base and a diverse selection of trading products across numerous markets.

The Trustpilot Experience

worldtradex offers eight distinct account types to cater to various trading styles and preferences, with most requiring a minimum deposit of $0, making them highly accessible. Traders can choose between Live and STP/ECN accounts, both providing access to the industry-leading MetaTrader 4 (MT4) platform. Additionally, multiple trading accounts can be registered through the worldtradex Client Portal, allowing for greater flexibility when managing different strategies or products. These tools can be used to assist with finding potential trading opportunities, analysing the markets, risk management and more. I was especially impressed with the market analysis and research tools.

worldtradex offers trading in both gold and silver, with competitive spreads and flexible leverage options. These instruments are available for trading on the MT4 platform, which provides advanced charting tools and real-time market analysis. Trading metals can serve as a diversification strategy and a way to hedge against currency fluctuations and inflation. worldtradex, established in 2010, is a global forex broker that caters to a diverse range of traders, including professionals, active traders, and beginners. With a staff of approximately 200 and over 1 million active traders, worldtradex is not publicly traded, but it operates under strong regulatory frameworks from the FCA and FSCA. The broker offers a variety of account types, including standard and ECN accounts, with competitive spreads starting from 0.0 pips.

With a solid commission structure, cash rewards, and comprehensive marketing support, IBs can effectively attract and retain traders. If you are new to trading online, then you will be pleased to find a demo account option. This can be the perfect way to get used to using the platforms and for testing your trading strategies in a risk-free environment. This is not something exclusive to this broker, you will find most have a demo account available.

If you are looking for the smallest possible spreads (starting from 0 pips), then you may consider the zero spread accounts. These do charge a very competitive commission which varies depending on the level of the account. In general, the more you deposit, the lower the commission will be. I must admit that the commission is not the lowest I have seen, but I also feel that the quality of the broker makes it worthwhile.

Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels. The choice of account types will also suit varying trading styles and capital needs.

The Battle of Traders is a trading competition running from April 1 to June 30, 2025, with a total prize pool of $500,000. Traders can participate by opening a competition account and meeting the minimum deposit requirements. By following recommended security practices and staying alert to potential scams, traders can enhance their protection against unauthorized access. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs.