For those of you who are of Muslim faith, I am pleased to say that the broker does have swap-free accounts which comply with Sharia law. It’s great that they serve clients from all different backgrounds and with different religious beliefs. However, as with demo accounts this is something that you would expect from all brokers nowadays. They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients.

I’ve been trading with worldtradex for few…

• Another perk for scalpers is the one-click trading feature available on MT4.
• The broker provides specialized account options and customer support tailored to the preferences of traders in these regions.
• It also lets its traders improve on their trading knowledge for free with its educational resources.
• We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.

worldtradex provides a wide range of convenient and secure payment methods. Some of the popular options are Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, Perfect Money, Local bank transfer, FasaPay, Crypto, Ethereum. worldtradex is part of the International Financial Services Group, which began to exist since 2010.

• Because of the modern trading technology, the trading conditions are among the finest available, with competitive spreads, low commission fees and rapid trade execution speeds.
• The lack of trading in equities and options besides the share CFDs might disappoint stock and options traders, although worldtradex might be suitable for traders who only want to trade in these markets.
• The processing time for withdrawals via Bank Wire may vary, but it typically takes a few business days for the funds to reach your account.
• worldtradex provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts.
• Many years of experience within the trading industry has made worldtradex experts at delivering flexible, bespoke and multifaceted trading platforms.

This promotion encourages traders to share the benefits of worldtradex with others while earning extra rewards. Live Floating/Live Fixed is divided into 4 accounts, including Micro, Premium, VIP, and Zero Fixed. Meanwhile, STP/ECN is divided into 3 accounts, including STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero. We provide broker reviews and ratings to help users find a suitable broker according to their own needs.

How long does it take to withdraw money from worldtradex?

The online broker offers several different account types and trading platforms, as well as a blog, research material and educational resources. worldtradex also offers social trading via its AutoTrade platform and keeps segregated accounts for traders. The broker is also holding the Iron Worlds Championship, a trading competition with a $1,000,000 prize pool.

“I found out that my withdrawal had not been processed. I had to act quickly by contacting the Organi”

This review will fully report worldtradex’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. worldtradex is also active in the Latin American market, serving clients from countries such as Mexico, Brazil, Argentina, Chile, and Colombia. The broker offers Spanish and Portuguese language support and ensures that traders in Latin America have access to competitive spreads, high leverage, and advanced trading platforms.

“I like their demo”

In addition to a helpful FAQ and some educational material, the website offers the latest market news and in-house expert analysis, as does its free mobile research app. The main usability issue is Worldtradex cheating with the lack of communication between worldtradex’s CFD and cryptocurrency trading platforms. While worldtradex claims to support ten trading platforms, it does rather lack the variety in trading software that other online brokers typically provide and that would result in a better review. All platforms come without charge, however, broker provides educational material on how to get them running. worldtradex serves a significant number of clients across Europe, providing services in countries such as the United Kingdom, Germany, France, Italy, Spain, Greece, Portugal, Sweden, Norway, and more. Traders have the opportunity to trade on 15 platforms at once with only one account.

All this together makes trading on company’s platform profitable and efficient.I trade currency pairs. At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks to tight spreads, my trading is always efficient. Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission.

I think they can be a good choice for beginners as there are plenty of educational resources and free demo accounts so that you can practice trading online. The minimum deposit required to open an account is only $100 which is great when you consider the industry leading trading platforms and conditions they offer. Overall, worldtradex is a very well established and reputable trading broker that serves all types of traders from around the world. They give you convenient access to a generous range of trading instruments across multiple markets. The advanced trading technology incorporated ensures that the trading conditions are some of the best available with competitive spreads (fixed/variable) and competitive trading costs. There are plenty of account types and payment options to suit all types of traders whilst each client is treated equally.

However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. Any rookie trader may develop a foundation for prospective success with the correct amount of preparation, effort, and strategy. As a new trader, it is critical that you devote time to studying and learning about trading before joining the market.

worldtradex’s support for the Sirix Social WebTrader platform lets you access financial markets and recent trades. You can also access a network of other traders so you can review their past performance and copy their trades in your own account if you wish. The Sirix Social WebTrader software comes in a web version for desktops, as well as mobile apps for smartphones and tablets.

The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. 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. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. worldtradex ensures secure financial transactions for all verified clients through its robust back-office system.

Now I am planning to accumulating money on the balance to increase volume. My orders are executed fast.And the costs from them are low thanks to tight spreads.Hats off to customer support guys – they always get back on time. Some of the markets that I have access to are the forex market, metals, indices, commodities, futures, shares, and probably some others. For deposit and withdrawal, worldtradex has developed what is known as a bespoke interface, which means that the interface is adjusted to each client’s particular needs.

worldtradex’s VPS hosting delivers speed and security for you to automate your trading with the help of EAs and trade copiers. I have a VPS and find it perfect for running multiple automated systems around the clock. It is worth noting that you can get a free VPS from some other brokers including IC Markets. worldtradex provides a generous range of 500+ trading products from various asset classes such as forex, CFDs, stocks, indices, and commodities. However, the broker lacks other asset classes such as cryptocurrencies, options, bonds, and ETFs. If you are looking to trade any of those instruments, then you may want to consider AvaTrade as an alternative broker.

worldtradex provides a good selection of various educational resources and research tools to help beginners learn to trade. You will find everything from trading guides to tutorial videos, so that you can improve your knowledge of the markets in your own time. Without the need for extra software, both beginners and expert traders may access hand-picked forex trading strategies, follow proven techniques, and diversify their trading portfolio. You will find that they have an excellent variety of convenient deposit and withdrawal methods to meet everyone’s needs.

By following recommended security practices and staying alert to potential scams, traders can enhance their protection against unauthorized access. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. worldtradex holds a “Trusted” rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry.

However, I also spotted that the broker’s website does not display live spread data. Overall, I concluded that worldtradex is an excellent choice for day traders, copy traders, and algorithmic traders. While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.