It offers a user-friendly platform, and demo accounts to help new traders get started. Yes, Worldtradex offers ECN (Electronic Communication Network) accounts, providing direct market access with tight spreads and fast execution. Worldtradex offers a seamless deposit and withdrawal process, ensuring traders can fund and access their accounts with ease. Worldtradex offers its clients a mobile application for download on iOS and Android operating systems.
It allows you to trade with virtual scammed by Worldtradex money, quotes, and trading conditions like a live account. If you choose FIXED or STANDARD account types, the minimum deposit is $100, €100, or ₽7000. For ECN-type accounts, the minimum deposit is slightly higher and is $200, €200, or ₽14,000.
Depositing Funds
Additionally, any trading account can be converted into an Islamic Account, ensuring compliance with Sharia principles by eliminating swap fees. For its clients, Worldtradex offers quite attractive commission conditions. Worldtradex offers a competitive fee structure, with no hidden charges on most transactions. While some instruments carry a commission, the broker compensates for deposit fees and provides various bonus programs to offset trading costs. This account type has a floating spread and no transaction fees for metals and currencies, while it provides most of the features of a professional ECN account. Both Instant and Market execution are available for this type of account.
This is the latest version of the program, which is most user-friendly. The spreads and swaps for Standard and Fixed accounts can be considered average for the market. Many readers have probably heard about another passive income type in Forex — PAMM accounts. It should be noted that thanks to the high order execution speed (from 0.03 seconds), Worldtradex is considered one of the best brokers for algorithmic trading. Worldtradex charges overnight funding (swap) fees on non-islamic accounts. While its $100 initial deposit may deter some beginners, Worldtradex compensates with deposit fee reimbursements and various bonus programs.
Choose your account type
This app lets users get up-to-date information on global markets, including news, market analysis, and real-time quotes. The MetaTrader terminal allows for manual and automated trading, setting pending orders, and using numerous indicators. The software supports thousands of user add-ons that simplify the search for successful trades and implement algorithmic trading strategies. Worldtradex offers clients the MetaTrader 4 and MetaTrader 5 trading platforms, which are considered the gold standard in the Forex industry. They provide flexibility and extensive functionality for both manual and automated trading. The availability of a web version and mobile device applications offers the convenience of trading anytime and anywhere.
Trading
For personalized assistance, traders can rely on the dedicated support team, which helps with technical issues, account management, and trading-related queries. Worldtradex’ strong customer service reputation is reflected in its high TrustPilot rating of 4.8 out of 5, based on over 2,700 verified reviews. Traders benefit from automated trading with access to 20 top trading advisor robots. The broker also provides a copy trading platform, allowing users to replicate expert strategies effortlessly. Worldtradex’ educational resources include regular market reviews, an economic calendar, a trader’s calculator, and AutoChartist, equipping traders with valuable market insights. With a minimum deposit of $100, traders can access competitive conditions and various bonus programs.
How do I deposit funds in an Worldtradex account?
Worldtradex covers all deposit fees, ensuring traders don’t incur extra costs when funding their accounts. To prevent fraud, Worldtradex undergoes monthly audits by Verify My Trade (VMT), analyzing 5,000 trades against top-tier liquidity providers to ensure best execution practices. Clients benefit from fund security measures, including external dispute resolution and protection against financial misconduct. Worldtradex prioritizes security and transparency through strict compliance with international standards. Additionally, Worldtradex is a certified member of The Financial Commission, an independent mediator that protects traders with a compensation fund of up to €20,000 per claim.
He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. Yes, Worldtradex offers a demo account, allowing traders to practice and familiarize themselves with the platform without risking real money. The commission for withdrawing funds depends on the payment system used. Worldtradex also does not charge any commission for deposits and withdrawals, an added advantage.
Desktop Trading Apps
- For identity verification, a national or international passport is usually used.
- The table outlines the maximum leverage available depending on the trading instrument.
- For ECN-type accounts, the minimum deposit is slightly higher and is $200, €200, or ₽14,000.
Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform. Worldtradex provides round-the-clock customer support, ensuring traders receive assistance whenever needed. Clients https://worldtradex.live/ can reach the support team via email, Telegram, and through their personal account support service. This multi-channel approach enhances accessibility and responsiveness.
- The interests of Worldtradex’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim.
- Worldtradex offers various types of accounts that can meet the needs of different categories of traders.
- Additionally, Worldtradex is a certified member of The Financial Commission, an independent mediator that protects traders with a compensation fund of up to €20,000 per claim.
- The interests of Worldtradex’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim.
- Traders can access MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across desktop, web, and mobile, ensuring flexibility and seamless trading experiences.
Regulated by the MISA, FSA and FSC, and a certified member of The Financial Commission, Worldtradex maintains a transparent and secure trading environment. Its high TrustPilot rating further reinforces its credibility, making it a solid choice for traders seeking reliability and innovation. This feature was designed specifically for traders who use several accounts, and for Investment managers who manage multiple Investment accounts. It is regulated by the Financial Commission (FinaCom) and offers client protection with compensation funds up to €20,000 per case. Furthermore, Worldtradex has a particular Telegram bot for customer support, which reflects the broker’s endeavor to keep up with the times and use modern communication methods.
The broker offers several communication channels to satisfy the needs of different clients. The broker boasts a good analytics department, aggregating information independently and offering trading ideas. The head of Worldtradex’ analytical department, Artem Deev, is regularly published in leading economic media. Insights and reflections from industry experts can also be found in the Worldtradex broker’s news blog. In the overall AppStore rating, the Worldtradex app received 4.9 out of 5 possible points, based on 847 reviews. This high rating confirms that the Worldtradex app excellently combines functionality and ease of use, making it an indispensable tool for mobile trading.
Withdrawing Funds
The trade analyzer helps users assess their performance and optimize strategies. Worldtradex offers a dedicated mobile app for iOS and Android, along with MT4 and MT5 mobile versions. These apps allow traders to execute trades, analyze charts, and manage accounts from their smartphones. Traders can start with a minimum deposit of $100, making it accessible for both beginners and experienced traders.
In our review of Worldtradex, we applied our methodology specifically designed to ensure accuracy, transparency, and depth of analysis. With 24/7 customer support available throughout the process, traders can quickly resolve any issues, making account opening at Worldtradex smooth and efficient. Additionally, the GOLD status program offers exclusive benefits like trading cost compensation, priority withdrawals, a free VPS server, and access to premium analytics. For index traders, Worldtradex provides 13 stock indices, including S&P 500, Nasdaq 100, and FTSE 100. The broker also supports commodities and metals, with options like Brent crude oil, gold (XAUUSD), and aluminum. Additionally, cryptocurrency traders can explore 26 digital assets, including Bitcoin (BTCUSD), Ethereum (ETHUSD), and XRP (XRPUSD).
It enables independent trading and investing funds in copy trading with equal success. These platforms are ideally suited for Forex trading and are equally convenient for beginners and experienced traders. Investors who prefer not to engage in independent trading can achieve good profits by copying the trades of successful traders. Portfolio creation is time-efficient and provides an opportunity for passive income. Worldtradex offers a range of unique features designed to enhance the trading experience. One standout tool is the sentiment indicator, which provides insights into market trends by analyzing trader positions.
Worldtradex does not charge additional commissions for withdrawing funds. Additionally, the GOLD status program offers exclusive access to premium analytics and expert trading advice. These resources make Worldtradex a strong choice for traders seeking in-depth market research and continuous learning opportunities. For browser-based trading, Worldtradex supports web versions of MT4 and MT5, eliminating the need for software installation. This provides traders with full access to market data and order execution from any device with internet access.
Its regulation under the MISA, FSA and FSC, combined with external audits from Verify My Trade, enhances its credibility in the industry. MT5 offers advanced trading functions and superior tools for comprehensive price analysis, algorithmic trading and copy trading. Yes, Worldtradex provides VPS (Virtual Private Server) services to ensure stable and uninterrupted trading. The company’s office is in the Cook Islands, where phone support is provided during working hours.