Traders can access assistance via live chat, email, or phone, ensuring prompt resolution of queries. Additionally, WorldTradex provides educational resources, including webinars and tutorials, to support traders at all levels in enhancing their trading skills. Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro.
WorldTradex Deposit and Withdrawal
- Crypto enthusiasts will be pleased to hear that the broker supports eight blockchain-based CFDs.
- However, you should be aware that a $5 mark-up per lot will apply if you open an account through us.
- There’s no minimum deposit, and WorldTradex accepts a wide range of payment methods.
- Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
- It is equipped with useful tools such as advanced charting, and trading strategies, and a nice user-friendly interface.
- WorldTradex is an established broker that’s been offering low-cost online trading since 2010.
WorldTradex supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can https://worldtradex.site/ access the processing times and minimum/maximum deposits by clicking on the + next to each option. WorldTradex transparently provides all necessary information on its website.
How to Open an WorldTradex Demo Account
With such a useful market analysis, we would love to see the section expanded to other pairs. WorldTradex is committed to providing its users with educational resources through webinars, trading guides, and market analysis. The company helps traders to improve their skills, through which it attracts customers. This is because, both beginners and experts, find the website useful.
WorldTradex vs Other Brokers
This is a much larger virtual bankroll than almost every other broker we’ve tested, but makes sense given the very high leverage. Advantages of trading with WorldTradex include Zero Commission and Zero Deposit Fees. WorldTradex is available to investors in almost 200 jurisdictions, including the UK, Australia and Indonesia.
Spreads/Commission in Forex
- Webull is a US-regulated broker that offers generous welcome bonuses with free shares.
- WorldTradex allows investors to trade on Forex, Crypto, Metals, Indices, and Energies on the MetaTrader4 trading platform.
- WorldTradex is an ECN/STP Broker that was formed by a group of industry leaders.
- The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), adding an extra layer of credibility and assurance for traders.
- SuperForex stands out for its wide selection of trading promotions.
- WorldTradex elevates mobile trading with the MT4 app on iPhone, iPad, and Android, perfect for traders with its reliable, advanced charting featuring 30 indicators, 9 timeframes and 3 chart types.
- Bank transfers are subject to a US$500 minimum threshold and incur fees in excess of US$30.
WorldTradex places a strong emphasis on technological advancements to provide traders with efficient and speedy trade executions. The broker utilizes cutting-edge infrastructure to minimize latency, ensuring that trades are executed promptly at the desired prices. We have not experienced any security concerns during our many hours using the trading platform. However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like eToro, limiting the brokerage’s appeal to beginners.
Trade Forex Risk-Free with WorldTradex $30 No Deposit Bonus Offer
WorldTradex lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. WorldTradex offers traders the core MT4 trading platform without third-party upgrades. WorldTradex strives to provide new and existing real clients various promotional offerings. Everything is created with the client in mind, helping to enhance their trading experience.
Withdrawals at WorldTradex are also disappointing, with all methods besides cards and wire transfers incurring a percentage withdrawal fee that can reach a hefty 3.4%, depending on the method. Wire transfers incur a $30-$45 flat fee (minimum limit of $500), many times more than the $5 withdrawal fee at eToro. CySEC is a top-tier regulator that helps ensure WorldTradex follows strict business standards and implements safeguards like negative balance protection and segregated client funds. While the broker does not run daily live streams, the platform does provide a dedicated research blog with news on upcoming economic events and price analyses of popular markets. While WorldTradex does not charge commissions on any markets, the platform has several other fee structures in place.
That said, the bonus could not be withdrawn, and if your account balance reaches below 50% of the available bonus credit, the amount will be removed. The sign-up process is also pleasingly simple and there is a swap-free solution for Muslim traders available upon request. That said, this broker does implement negative balance protection across both EU and offshore entities, unlike alternatives such as Fusion Markets.
