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.
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Recently noticed that there’s a feast held by the broker where you can win a Range Rover Velar. If you are proficient at trading and you are bored of clicking buy/sell without any enthusiasm, then join this competition. Just check out requirements for participation, and start competing. Actually, conditions for 1st round are affordable. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
- “It is concerning to see a review that seems intended to harm our company’s reputation unjustly.
- I am a long-term trader and I have been holding positions for up to 10 days at a time.
- Trading is more difficult than I thought before I started trading on real accountI started trading on demo account of this broker and thought that by studying several indicators I would be able to make some profit.
- 📊 worldtradex is on the right track, and your input is valuable.
- An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
- I am glad that I once tried services offered by the worldtradex broker.
They got 6 accounts and it’s the most…
I notice developed educational materials, stable platform and choice in accounts, though I doubt that everything could be that good. From what I heard during my trader’s career and traveler’s ventures, worldtradex has a lot of clients in different countries. Given that the wealth of choice (500+ tools) and convenience of the platform, no surpise they became so https://worldtradex.world/ reputable. Received my withdrawal smoothly and without any issues.
This will always be my number one go-to place for investing because there are many advantages being with them. ~3 months here, but there are already results, albeit small. Earned a little less than 300 bucks from the initial $200 invested.
Very dissatisfied with this company
- Getting pips is much easier now than trading with the standard account type.Need to work more on my risk-management but I feel optimistic about my future with worldtradex.
- The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08.
- Firstly, let’s talk about customer service, deposit and withdraw processes – they aren’t the most efficient.
- So you’ve definitely got to take advantage of that, and seize the opportunities as they occur and as you go along your own learning curve.
- The fee is higher even with worldtradex, but the execution is good, its working, and the leverage is 1k and is fully flexible.
- They got 6 accounts and it’s the most extensive account types range that I’ve ever seen.
- I decided to switch to STP trading as worldtradex offers 3 types of STP accounts to choose from.
Apparently, this is why the positive reviews are mostly left by foreign traders, while among Russian exchange players the comments are mostly negative. Although private traders from the Russian Federation also note favorable trading conditions and pleasant bonuses at this broker. With MT4 you can trade with spreads from 0 pips and use advanced trading signals and features. Traders can trade more than 200 currency pairs, metals, futures, stocks, indices and commodities with fast execution.
IC Markets Global
Trading online can be tricky without choosing the right broker. Luckily, I found worldtradex and I couldn’t be happier with their platform. They have all the necessary tools to trade effectively and their flexible leverage is a great benefit. They offer a variety of account types to choose from, catering specifically to your trading needs.As a professional trader, I have had my fair share of experiences with brokers. worldtradex has managed to impress me with their customer service and their attention to detail.
This means that I usually end up with a 1-2 pips loss, which can add up to quite a lot if it keeps happening. It’s not like rapid market movements are responsible for these losses either, as they occur quite often.To make things worse, if you’re using the “zero spread” account, you’re already paying $20-30 per lot. But due to these strange pricing issues, you end up paying another $10-20. Profit-making becomes difficult, especially with scalping trading. When I tried to approach them regarding compensating for my losses, they mentioned that it was just slippage of 1-2 pips. I wouldn’t recommend continuing with this broker if that’s the case.To prove this to you, I could share my trading history as evidence if you leave your email address.
“It is concerning to see a review that seems intended to harm our company’s reputation unjustly. We take such matters seriously and are dedicated to addressing any genuine concerns our customers may have,” the broker added. Complaints are a valuable resource for a Forex broker to improve services. Responsible brokers actively respond to clients’ complaints and offer solutions, while irresponsible ones delay improvement and even refuse to admit mistakes. Not only do they offer fast withdrawals but they also give me a lot of perks when trading. They keep me updated with the latest information so I know what’s going on in the market and what stocks to buy!
I done emailed them like a bajillion times and ain’t nobody bothered to reply. I even let them know that if I don’t get my hands on that money soon, I’m gonna get kicked out of my house, but nope. Just sit here twiddling my thumbs while worldtradex plays games with my hard-earned cash?
