Is worldtradex Worth It in 2025? A Detailed Review

This Worldtradex browser-based platform has some powerful features which are similar to level II data. They both get used to their vast customer-supportive designs and excellent functionalities. It is a reputed, award-winning platform for trading that allows trade executions at reasonable prices.

Comprehensive Assistance for Traders

• For the Forex ECN account, the minimum opening balance required is $200.
• Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
• The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs.
• A demo account is meant for new traders to learn trading traits and get practical knowledge of placing trading orders.

As discussed already, the minimum balance for keeping an account open is $100. Each account has a different requirement applying to them and requires different minimum balances for their maintenance and working. The broker at worldtradex comes under the regulation of the CySEC – Cyprus Securities and Exchange Commission.

Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. First, I needed an honest, realistic, and affordable education in the stock market. I needed to determine the type of trader I’d be before choosing the right broker.

TRADING COSTS

Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2. This is firmly toward the low end of the forex brokers we review. This is an account for beginners who want to understand how the currency market works, and practice trading without any financial risk.

Step 2: Time to verify your account

Two out of these named MetaTrader 4 and 5 are well-known because they are most used by the traders. The platform selection accommodates different trading styles and technical preferences while ensuring access to markets from any device with internet connectivity. worldtradex offers a wide range of products to trade in, such as bonds, Stocks, ETFs, Options, Mutual Funds, Forex, Futures, and OTC (Over Counter Stocks) options and cryptocurrencies. This feature offers a guaranteed fill from retail clients up to a definite size for small market orders at the best-posted bid or asks the price.

• The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading.
• For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
• worldtradex provides support via phone, email, and live chat during standard hours (9-6 EST) with extended coverage for urgent issues.
• This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection.
• It is a reputed, award-winning platform for trading that allows trade executions at reasonable prices.
• Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.

worldtradex does not charge inactivity fees – a levy we see at many forex brokers we review. In this section we’ll show you how to open a live trading account with worldtradex. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions. First among them, CQG is a platform that is aimed at the more professional segment of the market than MT4/5 and many other typical retail platforms.

New Zealand Stock Exchange

The broker’s association with WhoTrades offers social trading opportunities to observe successful strategies. Consider allocating commission savings toward third-party educational resources including books, courses, and trading communities for knowledge expansion. In comparison with its Russian competitors, worldtradex offers slightly better trading conditions, especially in terms of minimum deposit. Its minimum commercial size is also more favorable and so spread. In the last 10 years, MT4 has maintained its position as the main platform for traders, due to its stability, versatility, and ease of use.

Accepted funding methods depend on the account type you pick but they include bank wire transfer, credit/debit card, Neteller, Skrill, PayPal, Klarna, FasaPay and other digital wallets. The Forex Standard account offers commission-free trading with spreads from 0.5 pips. This is noticeably tighter than the variable spread accounts at the majority of brokerages. Our testing shows that worldtradex offers lower fees than most forex brokers, especially in its premium accounts.

The customer support is okay—they resolved my issue with a delayed withdrawal within 48 hours. While the fees are reasonable, I think they could improve the educational resources for beginners. It’s not bad, but there are platforms with more modern tools and features. The range of trading instruments is fantastic—stocks, ETFs, and CFDs all in one place.

worldtradex offer professional customer support 24/7 via online chat, telephone and email. It was great to see that support is available on weekends as this is not something that all brokers offer and helps them to stand out from the competition. Robo-advisor is a globally recognised service that aims to help traders using modern technologies. It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention. Investment portfolios are calculated individually for each client, based on the results of a questionnaire with 8 questions to determine your preferred risk preferences.

Withdrawals typically take 2-3 business days, though Skrill andPayPal may process within the same day, and credit card withdrawals can postwithin 5-10 minutes. It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market. We also offer real-time stock alerts for those that want to follow our options trades. You have the option to trade stocks instead of going the options trading route if you wish.

Just choose the course level that you’re most interested in and get started on the right path now. When you’re ready you can join our chat rooms and access our Next Level training library. We are opposed to charging ridiculous amounts to access experience and quality information. Also, we provide you with free options courses that teach you how to implement our trades as well. worldtradex is a regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission.

You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the robo-advisor provide advice and services. Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace. Our testing of worldtradex also shows a good range of supported base currencies, including EUR and USD, making this broker accessible to global traders – removing potential conversion fees. For instant funding, I recommend card payments, which I find easy to set up, while bank wire transfers can take up to 5 days.

Choosing a safe and reliable broker is essential for successful trading. There are various factors to consider when making a decision, but the safest brokers are well-regulated ones. Bank Wire Transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week.