worldtradex Review 2025: Is This Forex Trading Broker Scam or Legit?
For Standard and RAW accounts, the minimum initial deposit is 100 AUD (or the equivalent in USD/EUR). The broker does not charge deposit fees; funds are credited instantly for cards and e-wallets, while bank transfers take up to five working days. The Raw account features direct market pricing, with spreads starting from 0 pips, accompanied by a $3 commission fee per side. The regulatory status is indeed the most important measure while choosing a Broker, as in simple words it means a client is treated fairly and safely according to international laws and requirements. So with worldtradex sign up as being regulated broker there are various safety measures applied. worldtradex is a popular and large Forex Broker that provide professional trading experience for quite long time since the broker was established in 2005 and ever since serve over 12,000 clients worldwide.
Another option is to execute your trades via the innovative Iress trading platform, which offers various advanced functionalities to investors. Some of these include dozens of drawing tools, more than 50 technical indicators, and many different timeframes. worldtradex keeps up with the times by allowing its customers to execute trades on the go via their portable devices. worldtradex provides traders with a choice from the most popular indices on a global scale. Experienced customers can take advantage of very competitive leverages when trading CFD indices, with the margins starting at only 1%. worldtradex gives them access to a variety of options including S&P 500, Eurex Exchange, Nasdaq, and AUS200 indices.
worldtradex Trading Offers
Help is offered in a variety of languages, and when we reached out, we found the staff to be knowledgeable, friendly, and quick to respond. A withdrawal will normally take about two working days, but in some cases it can take as long as five working days. There is a 1.8% credit card fee for withdraws and a $20 fee for bank transfer withdrawals. These contain a lot of the same features that are seen with their desktop versions and have been optimised for mobile devices. Naturally, there is not as many options for analysis or charting options on the mobile version, but it certainly does the job for what you need it for. You can get access to the industry standard MetaTrader 4 platform through worldtradex and they recently added the subsequent versions of this software- MetaTrader 5.
Standard Forex Accounts
worldtradex’ Raw account is designed for more experienced high-volume traders, offering commission-based trading with spreads from 0.0 pips. The $6 round-turn commission per standard lot with tight spreads may suit those who are looking to scalp or day trade. It should not be assumed that the methods, techniques, Worldtradex cheating or indicators presented in these products will be profitable, or that they will not result in losses. worldtradex and Pepperstone are two top-tier brokers known for offering tight spreads, reliable execution, and robust trading platforms. If youre deciding between these two, our side-by-side comparison tables will help you evaluate key factors like spreads, price quotes, and trading volume to make a more informed choice.
- The spread comparison between worldtradex and Exness below is based on real trading data.
- worldtradex has emerged as a trusted global broker that seamlessly combines advanced technology, competitive pricing, and a diverse product range.
- The demo account is not time-limited and does not require verification, allowing you to refine your strategies indefinitely without any risk.
- As for the timeframes, deposits are either instant or take up to 1 business day depending on which method you use.
- Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts are also available.
AUDUSD
All three are intended specifically for trading with contracts for difference and therefore, are mostly suitable for experienced and professional traders. As for the minimum deposit amount, it stands at $50 or the currency equivalent across all available account types at worldtradex. Traders have access to real-time price quotes and a diverse selection of useful trading tools, including graphical objects and technical indicators.
Recordings are uploaded to the client portal, so you can watch them at your convenience. MT5 expands the functionality with https://worldtradex.world/ 21 timeframes, 38 indicators, an integrated economic calendar, and a Depth of Market feature. worldtradex also supports equity CFDs and commodity futures directly within the terminal. Desktop, web, and mobile versions are available; with the integrated VPS installer, Expert Advisors can be connected to the server seamlessly.
Trading Platforms & Apps
Yet, Copy Trading and Social Trading is available at worldtradex that may be considered as an Investment Opportunity. Also, Multi Account Manager or MAM/ PAMM accounts are available for Investors and Followers. The proposal is not designed for Investment Purposes, where worldtradex focus is CFDs trading provider, which differs from Investment Portfolio firms.
Copy Trading
Forex and CFD traders will find a versatile, affordable MetaTrader and cTrader offering at worldtradex, but with fewer research and educational content than what is offered by industry leaders. Yes, worldtradex offers cryptocurrency CFDs, allowing traders to speculate on popular digital assets like Bitcoin, Ethereum, and Litecoin without owning them directly. This includes winning the Most Satisfied Traders award six times, winning the Best Trade Execution award four times and being a winner of the Best Customer Service in the industry. This showcase how much a sterling reputation they have in the brokerage space. There are daily market reports from the worldtradex analysts, as well as more long term analysis of the markets.
Does worldtradex provide VPS?
- Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk.
- This means you could lose more than your account balance if you day trade through these entities.
- It also introduces a multi-threaded strategy tester, 21 timeframes, 38 indicators, and 44 graphical tools.
It supports all popular pairs, metals, and CFDs; the results can be directly copied into your trading journal. The tool is accessible through the client portal and produces a PDF report in just a couple of clicks. The broker covers 100% of the payment system fees, so all deposit methods operate at a 0% fee — the client receives exactly the amount transferred. For the RAW account, a fixed fee of 3 USD per side (6 USD per round lot) is charged. For passive investors, integrations with Myfxbook AutoTrade and Signal Start are available. You select strategies from the ranking, and trades are automatically mirrored on your account; the broker does not charge additional commission, with the reward structure determined by the signal provider’s model.
As with any other broker, basic information such as name, email address, and country of residence is requred. Additionally, traders may need to undergo a verification process to confirm their identity and comply with regulatory requirements. Getting started with worldtradex is a seamless process designed to provide traders with a hassle-free onboarding experience.
There are customized real-time trade and news alerts available directly on the platform or via email or text message. The Autochartist plugin is installed on MT4/MT5 and is available for free to all clients with a deposit of at least 500 AUD (or with a monthly turnover of ≥ 0.1 lot). The service scans the market 24/5, recognizing chart patterns, Fibonacci levels, and key support/resistance levels, and then sends push, email, or Telegram alerts when a signal is detected. MT5, on the other hand, offers more advanced features such as additional timeframes and support for trading in stocks and futures markets. Its improved strategy tester and the ability to hedge and net positions within the same account make it suitable for a broader range of financial instruments. FP offering is comprehensive with access to more than 10 thousands trading instruments to trade Forex and CFDs on equities, commodities, and cryptocurrencies.
Additionally, you can trade a variety of stock CFDs, although options like mutual funds and futures are notably absent. worldtradex doesn’t impose deposit fees, but it’s worth noting that banking charges may apply. However, for deposits exceeding $10,000, worldtradex will reimburse any third-party bank charges. One thing that’s particularly beneficial is the absence of time constraints on the demo account. Additionally, they feature a modest minimum deposit requirement of $40, which is relatively low compared to brokers like IC Markets which require $200.