Create a secure password and set up any necessary security features (like two-factor authentication) to protect your account. No, worldtradex will never ask you for sensitive account details like your password, or full credit card number, or to transfer funds through specific payment methods. Be cautious of any unsolicited requests and report any suspicious activity immediately.
Additionally, the broker provides a Personal Multi-Account Manager (PMAM) platform designed for professional traders and money managers. The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings. Clients can now trade cryptocurrencies Worldtradex scam directly on the Metatrader platform.
To access this feature, you must apply for a bank withdrawal from your client portal. Keep in mind that the bonus you received when you opened your account is removed when you make a withdrawal. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. worldtradex offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options.
Trading Hours
The processing time can take up to 24 hours depending on the method chosen, with bank wire transfers taking up to 3 working days. At worldtradex, safeguarding client data and ensuring a secure trading environment is a top priority. The company employs advanced security protocols to protect your personal information, funds, and privacy.
Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. worldtradex holds a “Trusted” rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry. Select the account type that suits your trading preferences (e.g., Standard, Premium, VIP, Live Zero Fixed Spread). worldtradex does not accept as clients residents of the USA, Cuba, Sudan, Syria, North Korea, or any jurisdiction where trading is prohibited by law. worldtradex is a market maker in which the broker serves as a principal to client orders.
worldtradex provides over 500 tradable instruments across six major asset classes, including forex, spot metals, futures, shares, spot indices, and commodities. This extensive variety allows traders to diversify their portfolios and explore multiple market opportunities. worldtradex offers a vast selection of over 500 tradable instruments and boasts 10 different trading platforms. Their dedication to innovation, competitive spreads, and superior client service have earned them recognition as an award-winning broker.
Markets & Instruments
Margin requirements on index CFDs are as low as 1%, which means that traders who have a capital of only $100 can control a $10,000 position. There are a number of other benefits for those who wish to speculate on market indices – high volatility, low costs, and leverage, which gives traders more flexibility. With more than $3 trillion traded daily, the foreign exchange market or Forex is the largest financial market and the most popular option for retail traders. Trading is conducted 24 hours a day, except during the weekends, offering great flexibility to traders. Due to the high volume, liquidity, and leveraged positions, Forex provides great speculative opportunities and is preferred by many traders.
I am doing eur/usd and gold, so far, this easy combination has been doing great for me. Say what you will but MetaTrader4 still perfectly tackles all sorts of modern challenges and I think putting stakes at this platform was a right step made by the broker. worldtradex has a rating of 4.2 stars from 100 reviews, indicating that most customers are generally satisfied with their purchases. worldtradex provides a variety of educational resources, including courses, seminars, webinars, podcasts, and more to help traders enhance their skills and knowledge. VPS Hosting enhances connection speed and security, allowing traders to access their accounts from anywhere and significantly reducing downtime for uninterrupted trading. Yes, you can open multiple trading accounts in the worldtradex Client Portal, allowing you to diversify your trading strategies and manage different portfolios easily.
The broker does not charge any fees for deposits and withdrawals and the minimum deposit than can be made is $250, although that varies, depending on the type of trading account one opens. worldtradex’s glossary of trading terms is an essential resource for new traders who need to familiarize themselves with industry jargon. The glossary provides clear definitions of common trading terms, ensuring that traders have a strong grasp of the language used in the financial markets. This resource is especially useful for beginners who are just starting their trading journey. worldtradex hosts regular trading webinars conducted by experienced market analysts and trading professionals.
worldtradex is the trade name of Notesco Limited, a company registered in Bermuda and headquartered in Cyprus. The broker is regulated in multiple jurisdictions, including Cyprus where it has a license from CySEC. For clients based in the United Kingdom, it is regulated by the Financial Conduct Authority (FCA), which is among the most respected financial regulators in the world. The FCA has issued a license to 8Safe UK Limited, which operates worldtradex in the country. By referring friends or family members to worldtradex, clients can receive bonuses or cash rewards once the referred person opens an account and meets the specified trading requirements. This promotion encourages traders to share the benefits of worldtradex with others while earning extra rewards.
Best Offers
- The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading.
- worldtradex also prioritizes security through account segregation, negative balance protection, and investor protection schemes.
- Overall, worldtradex is a very well established and reputable trading broker that serves all types of traders from around the world.
- MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels.
DayTrading.com may receive compensation from the brands or services mentioned on this website. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with worldtradex please share your personal review of the broker and what you think are strong and weak points. Trading according to the market analysis has really helped me increase my profit, for sure worldtradex is really the main deal!! Please note, some markets may only be available via CFDs or other derivatives. With that said, the brokerage does have plans to introduce MT5 in the future.
How do I contact worldtradex customer support?
They also offer corporate and institutional accounts, with a dedicated business account manager who can prepare a bespoke service package catered to your needs. Many years of experience within the trading industry has made worldtradex experts at delivering flexible, bespoke and multifaceted trading platforms. Through exceeding client’s expectations and setting the bar so high, the broker has been rewarded with numerous awards for their innovative and advanced trading platforms. worldtradex offers a comprehensive suite of trading platforms designed to enhance the trading experience for all types of traders.
- Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements.
- This is beneficial for beginners or those with limited time, and successful traders can earn performance fees by allowing others to follow their strategies.
- Signal followers can quickly and easily assess the performance of various trading strategies based on various parameters, including their average return, maximum risk, longevity, and more.
- Moreover, most account types do not charge commissions, except for the Live Zero Fixed Spread account, which has a transparent commission structure, making it suitable for high-frequency traders.
Trading Tools
The lack of 2-tier platform authentication and guaranteed stop-losses could be a problem if your account gets hacked or your stop-loss gets filled in a volatile market. The Live Zero Fixed Spread account offers fixed spreads at zero on major currency pairs, although spreads may increase during high volatility periods such as the midnight trading session. Commissions are only applicable to the Live Zero Fixed Spread account, while all other accounts have no commission charges. Yes, worldtradex offers mobile trading platforms for iOS and Android, enabling users to trade on the go.
What are the benefits of using worldtradex for trading?
However, the broker could enhance its offering by introducing an alternative to the MetaTrader 4 platform. The Standard account does not charge commission fees, while the ECN and VIP accounts charge commissions based on the volume traded. The broker’s spreads start from 0.6 pips for ECN accounts, offering competitive pricing for active traders.
worldtradex offers a variety of trusted deposit options, including Debit/Credit Cards, Neteller, FasaPay, Perfect Money, and more. worldtradex provides the MT4 Webtrader, a fully web-based platform that allows you to trade directly from your browser without needing to download any additional software. IBs earn commissions calculated from the traded volume of referred clients, along with potential cash rewards through the IB Monthly Reward Plan. Yes, worldtradex has hosted various trading competitions in the past, showcasing high prize pools and rewards for top traders. The Battle of Traders is a trading competition running from April 1 to June 30, 2025, with a total prize pool of $500,000.
There may be fees charged when using certain payment methods but I generally found them to be negligible. Of course, if you are moving large amounts then you might notice more of a difference. Trading accounts can be opened in a generous range of currencies which are USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK.
Other brokers worth exploring with managed accounts include Key to Markets. The broker offers dedicated educational and research tools such as the excellent Trading Central which can be a great help for analysing the markets in detail and finding trading signals. In addition, worldtradex offers free demo accounts and Swap-free Islamic accounts for Muslim traders. This allows you to trade indices on various markets across the globe with deep market liquidity and easy to use trading platforms. Clients are supported in over 30 languages, 24/5, and can access their personal trading account from MT4 on desktop or trade on the go.
