Forex Broker worldtradex Accused by its Affiliate as ‘Absolute Scammers’

The broker charges an inactivity fee and requires a minimum deposit, but it also offers discounts for active traders. The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08. With an average rating for commissions and fees, worldtradex provides a standard cost structure without significant advantages. It offers beginner education videos and general education on forex and CFDs. However, it lacks advanced education resources.

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Based on its rating for education and beginners, it provides an average educational experience. worldtradex, founded in 2010, offers a range of forex and CFD trading options. With an average recommendation, it provides essential trading tools and a variety of tradeable instruments but does not stand out significantly from its competitors. I do not really have much experience trading, bit I have found it pretty easy to navigate using this broker. But to be fair, I am still focusing on the forex majors, because that is what I was told to do… Also I’m only going with higher timeframes, never scalping.The educational materials here have been incredible in helping me find a footing.

Is worldtradex a Scam?

For positional traders, I would advise to look at Zero Fixed, or some other accounts with floating spreads.Everything is arranged here so harmonically. There’s an entire generation of young people who are know of legal age to dive into the world of finance all around the Europe and the world.And the simplistic brokers are just not good enough for them. They are very well educated and don’t want to be only able to trade forex products.

Starting was easy….

  • Always liked to think of myself as a digital nomad doing my own stuff online, trading included.
  • The website is easy to navigate, and the registration process was a breeze.
  • I wanted to find the detailed information about the trading tournament because I could not understand the terms and conditions of participation.
  • Governments need to step up and make new laws to stop these scamming financial swindlers from taking away people’s money.
  • My strategy actually became proufitable, without changing much.
  • worldtradex’s traders and investors will beAble to access a wealth of trading resources toSharpen their skills, optimise their tradingStrategies and become adept at identifying andSeizing the right opportunities.

We use dedicated people and clever technology to safeguard our platform. Always liked to think of myself as a digital nomad doing my own stuff online, trading included. That said, internet connection is not perfect in many corners of our globe i visited. Today, I have ensured those interruptions won’t affect me and went for the VPS from worldtradex. It’s not a guarantee of a smooth trading on its own but it’s a solution. https://worldtradex.site/ I don’t like to be cheated and pretend that it should be so, judging by the reviews they cheat all people.

When I started trading with this broker…

  • At least the broker has a source of income to maintain services quality on a high level, blessing in disguise.
  • worldtradex provides an average selection of trading platforms and tools.
  • With an average rating for commissions and fees, worldtradex provides a standard cost structure without significant advantages.
  • He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
  • Didn’t expect 2 month of traning to make a difference but it did.
  • worldtradex has a demo account where you can trade over 200 financial assets with zero risk and no commitment.

It’s a very convenient trading platform for me because there is a choice of accounts. The platform certainly deserves attention from traders. It has a fast and secure trading platform, webtrader interface, solid array of assets for trading and quite favorable conditions for depositing and withdrawing money. In case of replenishment then I like the fact no restrictions are imposed and no fees are levied.

A demo account allows you to test trading strategies and build confidence before trading in real time (Forex Trading Training). worldtradex broker offers private traders one of the most reliable and popular platforms – MetaTrader 4. It is a universal trading software, which perfectly suits both experienced exchange players and beginners in the world of trading. The MT4 terminal provides all the tools and resources necessary for successful online trading. worldtradex is an FX broker that I’ve been using for about a month now, and I would say it’s between middle and bad. Firstly, let’s talk about customer service, deposit and withdraw processes – they aren’t the most efficient.

We are happy to hear that your overall experience with us was a good one. Thank you for taking the time to post your feedback.worldtradexSolid Trading. People say it takes about 2-5+ years to become profitable but I didn’t understand why. Well, I made it after a year and a half here.

While this may be a good sign, it is important to approach these reviews with caution and consider the possibility of fake or biased reviews. Sometimes the Ironfix website is unresponsive—one minute it opens, the next it’s blank. I’ve also been told to download the Exness app, but it’s not available on the App Store. The system was working fine before, and now there are these issues. worldtradex has a rating of 3.9 stars from 72 reviews, indicating that most customers are generally satisfied with their purchases.

Your honest feedback can really make a difference. Personal details of reviewers are strictly confidential and hidden from everyone. Very dissatisfied with this company, it is strange that they position themselves as an important company and money to take away does not give, which characterizes them as fraudsters. There’s tons of learning materials there that could easily help you find your way around what’s what, and navigating the competitive landscape.

Account funding at worldtradex

The majority of forex brokers don’t pay attention to their promotion system. Like a first deposit bonus and some type of bonus for verification.worldtradex decided to offer another type of promotion that I didn’t see very often. I’m talking about the trading tournaments that the broker holds on a regular basis.

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