As we conclude our WorldTradex Broker review, we hope you’ve gained a comprehensive understanding of its strengths and weaknesses. It’s a highly reputable broker, with strong regulatory oversight, They offer competitive pricing, with low minimum deposits. The trading experience is solid for both beginner and expert traders, and the MetaTrader platforms are a plus. At Top Brokers, we’re committed to our belief that knowledge is power in all types of trading. When considering the criteria for our WorldTradex Broker review, we left nothing untouched. We looked at how the WorldTradex trading platform performs in eight critical criteria areas.
Are there any terms on where I direct any funds I withdraw?
To further enhance security, we encourage traders to always look for the lock sign on their browser when using WorldTradex web trading platforms. As a result, selecting the right trading platform like WorldTradex requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like WorldTradex available, each with unique features, fees, and regulations. Yet while WorldTradex provides a range of features for beginners, it’s worth noting that it lacks a proprietary trading platform explicitly designed for novice traders.
CFD Trading on WorldTradex
For more experienced traders, the Zero accounts offer commission-based trading with lower spreads. This is another reason WorldTradex is great for CFD investors, as an WorldTradex account is easy to open with a minimum deposit of $5 for standard and micro-accounts, and $100 for a zero account. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following.
- At WorldTradex, traders have the opportunity to explore a wide variety of tradable markets, with popular platforms like MT4, MT5, and the WorldTradex App offering access to numerous Forex and CFD instruments.
- Whether you are new to online trading or trying out a new broker the educational materials found at WorldTradex are worth checking out.
- Withdrawal requests can be made at any time and are processed by the WorldTradex Back Office within 24 hours on business days.
- Follow the links below to learn more about these WorldTradex broker alternatives and choose the one that best suits your trading needs.
- T&Cs such as leverage terms on accounts are determined by the domicile of the account holder.
- As an Indian trader, you are eligible to open an account at WorldTradex as long as you meet the minimum deposit requirement of 5 USD.
Investors Protection
It allows traders to open and manage multiple MT4 accounts from a single terminal with one login and password. After 90 calendar days, trading accounts are considered dormant without trading, withdrawal, deposit, internal transfer, or further trading account registration activities. Inactive accounts will have any remaining bonuses, promotional credits, and WorldTradexPs immediately deleted. A monthly inactivity fee of $5 is charged from inactive accounts or the total value of the free balance in these accounts if the free balance is less than $5. If the trading account’s free balance is zero, there is no inactivity fee.
Contacting customer support
- WorldTradex MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad.
- However, in our experience the receipt of funds for the withdrawal to our debit card was within 24 hours.
- It has four tiers—Executive, Gold, Diamond, and Elite—with higher tiers offering more points per trade.
- The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review.
- Traders can select the swap-free option during registration or request to convert an existing account through customer support, making it easy to trade while adhering to religious beliefs.
- The seamless cross over between platforms speeds up trading operations and gives traders the flexibility to trade from locations and at times that suit them from anywhere and at any time with ease.
- To suit different trading tastes, the broker provides over 1,000 trading products, including stock CFDs, precious metals, and 55 currency pairs.
It is, therefore, unsuitable for those who lack proficiency and sufficient experience. The Zero account at WorldTradex is mostly suitable for more advanced trading as it does not support micro lots. The great thing about this account, however, is the reduced trading cost, with spreads on major pairs starting at 0.0 pips. There is a small commission of $3.50 charged on every side per lot traded. A potential trader can set up the demo account in a few easy steps and start trading with a virtual balance of $100,000. Both MT platforms provide markets in over 1,000 instruments and, whichever you choose to trade, you will quickly come to realise why the MetaTrader dashboard is so highly regarded in the trading community.
Traders can select the swap-free option during registration or request to convert an existing account through customer support, making it easy to trade while adhering to religious beliefs. WorldTradex offers its traders a comprehensive range of educational resources like live education platforms and education rooms, making it easier for newcomers to understand the complexities of trading. The https://worldtradex.world/ low minimum deposit requirement of just $5 also lowers the barrier to entry. Additionally, beginners can benefit greatly from the demo account provided by WorldTradex. WorldTradex’s comprehensive support extends to both beginners and experienced traders.
Clients can access all the services necessary to support their trading. The competitive pricing is also backed up by clients being offered a free VPS and the behind the scenes infrastructure ensures the execution is fast and reliable. 99.35% of all trades are executed in less than one second and there is a strict ‘no re-quotes’ policy and no virtual dealer plug-ins.
Please consider contacting a professional advisor if you require any financial assistance. If you are eager to test out the trading experience at WorldTradex, you can try opening a Demo account, which takes only a couple of minutes. Meanwhile, those who are ready to trade with real funds can open one of WorldTradex Real Account options.
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