While each analysis is brief, it features all required information for traders to take a position. It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts. With such a useful market analysis, we would love to see the section expanded to other pairs. worldtradex does not impose any minimum deposit requirement for opening a live trading account, making it accessible for traders to start with any amount they are comfortable with. However, according to the payment method the minimum amount ma vary from 50 to 100$ per transaction so be sure to check those conditions, which we find slightly different in each worldtradex entity too.

worldtradex Trading Platforms

worldtradex has worked hard in making the world of Forex more transparent with a greater degree of control for traders. worldtradex holds a regulatory license from the Cyprus Securities and Exchange Commission (CySEC). It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits.

No-to-low spreads and commissions

The broker that provides you with a competitive online trading environment and the required resources to help you get the best out of your trading. They are committed to your success, by delivering competitive pricing, via fair and transparent order processing. There main objective is to empower clients with all the tools they require, to develop their skills, whilst enjoying an unrivalled trading experience, during every step of their journey. I like how the company is comprised of a dedicated team of professionals with extensive experience in the financial industry. This means that they should understand exactly what we need as traders. Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market.

The broker provides the MetaFx MAM (Multi Account Manager) software to multiple account traders and money managers. MAM provides major benefits over competing platforms such as MetaTrader Multi Terminal. The MetaTrader 4 Multi Terminal is a component of the MT4 package that was designed to enable money managers and professional forex traders to handle many forex trading accounts at the same time. Any trader who is familiar with MT4 will feel right at home with the user interface on the MT4 Multi Terminal. worldtradex brand is an international brand that is authorized and regulated in various jurisdictions and is committed to offering you the best possible trading experience.

These tools include a Free VPS, Economic Calendar, Economic Analysis and Forex Live Charts. However, other important tools for market analysis such as Trading Central and AutoChartist aren’t available at worldtradex. If you would like access to these industry leading signal generating tools, then GO Markets provide both.

Firstly, the broker has licenses and permits, and has been working steadily, without any particular shocks for about 12 years in the market. The broker began its work at a time when retail traders had only Forex and no stocks. worldtradex now offers trading in currency pairs, commodities, indices and cryptocurrencies. Perhaps because trading CFDs is not the same as trading the stocks themselves, it is much more risky. But what this broker has is debugged in work, like the most accurate mechanism. This also applies to payments, and technical support, and the organization of trading.

• Here is a screenshot of the worldtradex quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
• Practice your forex trading skills or test new strategies with zero investment.
• Although worldtradex’s research products are helpful for traders, they might not be as thorough as those of other top brokers; hence, users should always augment their research with other sources as needed.

Beginners can take advantage of some basic educational content and see what the broker has to offer with a demo account. The broker has solutions for money managers and those of you who want to copy trading signals from other trades. However, there aren’t any individual stocks to trade and there is an inactivity if you do not trade enough. That being said, I think that the broker can be a feasible option for day traders who are looking to primarily trade forex or cryptos.

worldtradex lacks standardized investment plans or portfolios but provides individualized assistance for investments over $10,000 for more significant individuals. worldtradex serves currency traders well but falls short for individuals looking for longer-term development prospects or more general investing options. In addition to the selection of major withdrawal options making payment quite well-orhanized, we also notice the broker covers processing fees for both deposits or withdrawals. Yet, we advise always check with a particular payment provider in case of any other additional fees relevance or its possibility. However, the lack of alternative platforms is a major drawback, also some traders find MT4 slightly outdated. The platform is available for all operating systems and fully compatible with EAs, hedging and equipped with advanced technical indicators, analytical objects, and charting tools.

So, I am currently working with three brokers, and one of them is worldtradex. At first, I wouldn’t say I liked the small selection of cryptocurrencies, but I appreciated them when I took a deep look at their trading conditions. After all, I often scalp, and their low spreads create favorable conditions for this. Established in 2010, worldtradex is a regulated broker providing forex, CFDs, commodities, and cryptocurrencies, among other trading instruments. Under tight rules from CySEC and MiFID, it ensures a safe trading environment with customer money kept in Tier 1 banks.

Trading Platforms

It makes it quick and easy to keep track of your trades and the latest market news from anywhere at any time. Security is a paramount concern for traders, and worldtradex addresses this with a commitment to maintaining a secure trading environment. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), adding an extra layer of credibility and assurance for traders.

• The protection of the client’s investments is provided in multiple ways according to the regulatory requirements and setter rules, yet always depends on the particular jurisdiction.
• Using MQL4 you can build-up your own library of custom indicators, scripts and function database.
• The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders.
• worldtradex provides quality research tools meant to improve traders’ market analysis and decision-making capacity.

years in the markets

Your review can make a difference to other traders, please leave a comment if you have any personal experience with worldtradex. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. MetaTrader 4 includes all the trading functions the modern forex trader needs. Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4.

For a final thought, we see worldtradex as a company that gives an opportunity to engage in trading with the STP/ ECN model and quotes provided directly by the liquidity providers. The broker designed various accounts with comprehensive features and different minimum deposit requirements that allows traders of different levels to start trading in worldtradex conveniently. Based on our expert opinion, worldtradex Forex broker has been recognized by numerous traders around the world as well by the significant number of awards they receive. worldtradex broker delivers dedicated support by a professional team and a good NDD trading environment based on quality technology, also with a good range of trading instruments and low fees and spreads. Whether you are facing technical issues, account-related queries, or need help with your trading platform, worldtradex’s support team is prepared to assist promptly. While the broker does not offer phone support or automated bots, the availability of live chat and email ensures that most issues can be resolved quickly and effectively.

Trading Conditions

Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and worldtradex is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an Worldtradex official site emergency. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports. Eleven eBooks complete the education at worldtradex, and the overall product remains impressive.