WorldTradex Trading Platform Reviews, FAQs, Pros and Cons

Besides, one of the advantages you will get as a trader is Negative Balance Protection, so there is no risk of losing more than the available balance. The main idea of the regulation is that the trader can trade securely, knowing that clients’ funds collaborate according to the strictest rules with minimized risks of fraud or unfair use. WorldTradex Broker operates its trading environment according to the regulatory measures making it a reliable and safe broker.

Desktop Trading Platform

This is an extremely affordable deposit minimum, allowing traders to pick from a list of convenient payment methods to fund their trading accounts. When it comes to actually making trades, however, traders must keep in mind that $5 is nowhere close to a sufficient amount to place an order. Even if you trade with micro lots, a trade of 0.01 lots will indicate placing an order of 1,000 units of your base currency. That is why we recommend making bigger deposits to fund your trading accounts with sufficient amounts.

• When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds.
• This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring WorldTradex’s platform.
• The kinds of trading charges and the prices differ from broker to broker.
• WorldTradex is an online broker, with the parent company Trading Point Holding, established in 2009.
• You can familiarize yourself with our broker evaluation methodology by visiting our methodology page.

Trading platform

In case you’re withdrawing cash in various currencies from USD, a conversion https://worldtradex.world/ fee is also applicable. The conversion fee will depend on the currency you are opting to draw in. This WorldTradex review breaks down every one of the relevant non-trading fees for you in detail. Download the WorldTradex MetaTrader 4 Program free of charge from Apple’s App Store.

• After three days, they claimed the sent the money but told me to contact my service provide to make it reflect.
• Operating since 2009, WorldTradex is a reputable broker known for its Forex and CFD trading offerings.
• There is also the ultra-low account, which requires a $50 deposit, although this is not available in all areas.
• It’s a highly reputable broker, with strong regulatory oversight, They offer competitive pricing, with low minimum deposits.
• BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist.
• You should take the security of your personal information seriously and check SSL encryption is enabled on the WorldTradex trading platform to protect you on PC and mobile WorldTradex platforms.

Cost Structure and Fees

Modern brokers like WorldTradex provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, WorldTradex may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall WorldTradex trading profitability. Founded in 2009, WorldTradex has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs. The platform is primarily designed to support traders ranging from beginners to intermediate levels.

Your Path to Market Opportunities

This means that traders cannot lose more than their account balance, ensuring they are protected from owing money to the broker in volatile market conditions. WorldTradex Global offers a similar selection of instruments and provides higher leverage options in some instances. It includes more than 50 cryptocurrency CFDs available only in regions regulated by the Financial Services Commission (FSC) of Belize. While both WorldTradex entities provide a comprehensive range of trading options, specific offerings may vary due to different regulatory requirements. WorldTradex is a good choice for beginner and intermediate traders, especially since you can start with just $5, use demo accounts to practice, and have lots of additional resources.

Leverage

With over 1500 trading instruments, extensive educational resources, and a variety of trading platforms, this broker is suitable for both novice and experienced traders. WorldTradex  provides competitive fees, spreads, and commission structures across its account types, offering flexible conditions for traders. WorldTradex broker offers a suitable trading environment for both novice and experienced day traders.

WorldTradex is known for its low minimum deposit amount, and this spans all account types. WorldTradex Broker offers three different account types to cater to the needs of diverse traders. These include the Ultra Low Micro Account, Ultra Low Standard Account, and the WorldTradex Zero Account.

The volume will not affect your trades when using a demo account. In real trading, market volume can affect your trades, especially when you have a large deal size. Today, we’re taking an in-depth look at WorldTradex Broker, a prominent player in the forex and CFD trading space. Over the past 15 years, WorldTradex Brokers have established themselves as a reliable option for all levels of traders. Still, regardless of the level of trading experience you have, understanding the pros and cons of your broker is essential.

On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are those who are billed when you maintain a leveraged position for more than a day. If you feel that WorldTradex is not right for you then at the bottom of this WorldTradex review you will find a lot of alternatives to WorldTradex. After launching in 2009, their client base has increased to 3,500,000+ clients. WorldTradex provides access to proprietary indicators by directly contacting an Account Manager.

💙 It’s great to know that our Customer Experience team has been helpful and your withdrawals have been fast. For any questions or concerns, please reach out to us at We are always here to assist you. 😊 We’re glad you find WorldTradex to be a great broker and that the withdrawal process was smooth, even if there was a slight delay. We appreciate your input regarding customer service responsiveness and will work on improving it. I scalp major forex pairs and sometimes cryptos especially if it’s about real boom on the market like with recent situation there was a sharp drop of the price, anyway. There are all tools for analysis and predicting future price moveent is easier with WorldTradex, imho.

WorldTradex is a globally recognized and trusted online trading broker, established in 2009. With over 5 million clients from 190 countries, WorldTradex has built a reputation for offering a diverse range of trading instruments, exceptional customer service, and competitive trading conditions. Whether you’re a beginner looking for a user-friendly platform or an experienced trader seeking advanced tools, WorldTradex caters to all. As part of our extensive review process, we thoroughly tested WorldTradex’s services, platforms, and offerings to provide you with an in-depth and unbiased analysis.

Additionally, there are live trading education sessions, video tutorials, and platform guides for both beginner and advanced traders. The key point is that you must follow the withdrawal hierarchy for the deposit methods you have used before selecting any other withdrawal option. For example, if you have not used a credit card or a crypto account for deposits, you do not need to create one for withdrawals. You can proceed with the next available method in your withdrawal options, which could be an e-wallet or bank transfer, depending on your previous deposit methods and WorldTradex’s policies for your region. WorldTradex does not have specific bonuses due to regulatory stipulations.