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In order to help their clients make the most of worldtradex’s trade execution, the broker provides free VPS services. While trading at worldtradex, clients don’t have to worry about computer malfunction, power outages, or slow internet connectivity. Clients with an account balance of at least $5,000 (or its foreign currency equivalent) are entitled to request for free Virtual Private Server (VPS). Given its multi-regulated framework, the availability of negative balance protection, guaranteed stop loss, and funds compensation scheme, the broker appears to be safe. The company keeps clients’ investments in segregated bank accounts and employs advanced security protocols to prevent unauthorised intrusions. Clients also criticised the broker for its high spreads & commissions and poor customer support.

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worldtradex broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, worldtradex is ideally suited for beginners and experienced traders. Besides explaining the pros and cons of signing up with it, we also mentioned supported countries and listed tradable markets you can explore at worldtradex. Moreover, we shared clients’ reviews about the broker on different platforms such as Reddit, Quora, Trustpilot and Forexpeacearmy. The broker’s flexible account types,competitive spreads, and zero-commission trading on most accounts make it acost-effective choice. worldtradex’s use of MT4 and MT5 platforms ensures traders haveaccess to advanced tools, while its educational resources and market researchprovide valuable support in making informed trading decisions.

worldtradex Broker Review 2025: Platforms, Fees, Regulation, and More

This type of account has negative balance protection, trading bonuses, and no deposit bonuses. One strong plus is that worldtradex extends negative balance protection to all its clients, not just the EU clients that it is required to by law. This means that traders cannot lose more money than they put into their account and is excellent for beginners especially. Customer support is one area where worldtradex really will go the extra mile. worldtradex claims to speak over 25 languages and customer support is available through all the usual channels.

There’s no difference between trading assets, tools, or trading speeds for smartphones or tablets and those for desktop PCs. Links and download instructions for the worldtradex MT4 and MT5 mobile apps are easy to find under ‘Platforms’ in the main menu of the broker website. Accounts that exceed the allowable margin face the risk of having positions closed out by worldtradex. worldtradex may require copies of your credit card before approving a withdrawal request.

  • There is a restriction of 50 lots per ticket and the minimum trade volume is 0.01 lots.
  • Another alternative is the worldtradex Zero account, which charges raw spreads from 0 pips and a fixed commission of $7/lot round-turn, which is in line with the industry if compared to other raw accounts.
  • It offers a variety of indicators, drawing tools, and customization options, making it a versatile platform for both beginners and advanced traders.
  • worldtradex Group has firmly established itself as a leader in the trading industry, prioritizing fair trading practices, fast execution times, and a human-centered approach.

worldtradex Group supports funding through bank wires, Neteller, credit cards, and Skrill. He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018. To withdraw money from worldtradex, you need to log in to your account, go to the withdrawal section, and follow the instructions for your chosen withdrawal method. Withdrawals are only possible after the verification process has been completed.

It’s also important to know that worldtradex applies dividend withholding taxes, which vary depending on the stock’s country of origin. For instance, for stocks from Germany, a dividend withholding tax rate of 25% is applied. In the case of UK stocks, there is no tax levied on dividends, which means a 0% withholding rate. Meanwhile, for US stocks, dividends are subject to a 30% withholding tax.

Is Pepperstone good for beginners?

worldtradex is definitely known for spoiling their VIP clients with exclusive events and workshops. Can’t complain about worldtradex’s selection of instruments – it’s huge. But sometimes I get stuck waiting for support to answer my questions. I do not think I have met a trader yet who does not know the broker.

Some clients appraised the broker for having ultra-low spreads and a fast withdrawal process, while others denounced the company for poor trade executions. In short, the broker seems to be fully committed to providing clients with the next level of educational services by continuously adding more features and content. worldtradex offers great research and educational facilities for clients to learn and grow. Market overview, worldtradex Research, Newsfeed, Trade Ideas, Economic Calendar, Technical Summaries, worldtradex TV, and Podcast are just some of the subheadings you’ll find under the Research area. On the other hand, educational videos, online webinars and tutorial guides make the educational section look quite promising. The minimum deposit to open an account with the broker is $5, and the broker doesn’t charge any fee on deposits.

worldtradex has received various awards over the years from different organizations, reinforcing its reputation as a notable broker in the scammed by Worldtradex financial industry. worldtradex clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC. worldtradex offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices.

  • Whether you’re facing an issue with your account or have a general question about the platform, the customer support team is readily available to assist you.
  • Compared to rival brokers, worldtradex charges inactivity fees very quickly, however not as expensive as other brokers.
  • You get a $30 bonus just for opening your first worldtradex Real Account.
  • The Daily Technical Analysis focuses on forex markets and includes simple technical indicators.

The worldtradex website is available in 22 different languages, with customer support provided in more than 25 languages. worldtradex Alternatives – Not sure if worldtradex is quite right for your trading? Some alternatives you might be interested include Plus500, eToro, and Forex.com You can also check out our full guide to online brokers including lists of brokers available in .

Expert Advisors (EAs) supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), arming traders with superior charting tools, technical indicators, and automated trading powers. Beneficial in rapidly moving markets, the platform features a one-click trading capability that lets trades be quickly executed. worldtradex provides variable spreads that startas low as 0.6 pips on major currency pairs for most accounts. For traders usingthe worldtradex Zero Account, spreads can drop to 0 pips, with a small commissioncharged per trade.

worldtradex Lower trading fees

However, crypto CFDs aren’t available to UK clients amid FCA restrictions. worldtradex’s product portfolio isn’t as competitive as other top-of-the-line brokers. However, it still provides 1,500+ financial instruments with sufficient tradable assets under each asset class. I’m really impressed with worldtradex’s educational resources, which have greatly enhanced my trading knowledge.

As a licensed entity under the Financial Services Commission, worldtradex provides a trustworthy and secure trading environment. Yes, worldtradex Group provides support in over 30 languages, ensuring an award-winning customer experience that caters to clients from around the world. worldtradex offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop users. These platforms are known for their comprehensive charting capabilities, technical indicators, and expert advisors (EAs).

Zenit World Elevates Trading Experience with Powerful MT5 Integration

We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. I suppose you know, but for those who don’t – the very first thing that should be IMPORTANT for a new trader is the accessibility of the educational materials. It may be a full-fledged academy, help center, videos or whatnot, but chase those brokers which offer such a feature. My chase led me to the worldtradex, where I found a treasure trove of academical stuff for traders of all levels. Courses, life education sections, insights, analysis – lotta interesting stuff that, I bet, play into the hands of mine and help me to understand trading better.

Whether you’re a novice or an experienced trader, worldtradex’s comprehensive educational tools will support your growth. Yes, all of worldtradex’s live education sessions, including webinars and market analysis, are free to access. Additionally, the platform provides direct access to 100 individual shares, enabling traders to participate in specific companies.

Its instant trade execution policy accompanying guaranteed stops loss (GSLs) helps clients to avoid slippage issues. Flexible account types, rich educational resources, and round-the-clock customer service make it a value-for-money broker. However, the unavailability of the proprietary trading platform could become a point of concern for some traders.

Spread

Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. E-wallets are generally faster, often the same day or the next day. Leverage at worldtradex varies based on the regulatory jurisdiction of your account and the type of instrument you are trading. worldtradex is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others.