The broker offers webinars, podcasts, and various video-on-demand services to help traders better understand the financial markets and improve their trading skills. With a minimum deposit of $350 and base currencies in EUR, USD, or GBP, forex traders and other traders can access worldtradex’s services through their MT4 platform, WebTrader, and mobile platforms. Additionally, they offer a free demo account to practice on their platforms. The broker provides various financial instruments, including forex, metals, futures, commodities, shares, and indices. Most of these instruments have tight spreads, which makes trading with worldtradex a cost-effective option. Deposits are free and instant, but clients might need to pay third-party charges depending on their payment method.
Trading Platforms
worldtradex offers 300+ financial instruments across 6 asset classes, including forex, metals, futures, commodities, shares, and indices through CFDs. These markets are accessible via the MT4 trading platform, one of the most popular platforms among traders. In addition, the MT4 platform provides traders with comprehensive trading tools and features to create their trading strategies.
worldtradex : a few words about the broker
For instance, a forex trader with $250 in their account can take a position worth up to $250,000 through leveraging. The kind of platform where depositing is easy but withdrawing impossible. Once you have completed the form, it is sent to the broker for validation.
worldtradex Broker Overview
You should always pay attention to the platforms on which you register. Investing and trading is not a game at all and you have to be wary of what you see, from brokers or investors. worldtradex is one of those offshore brokers whose real legitimacy is rarely known. Their services are comparable to other similar brokers and seem to be decent. You arrive on the worldtradex withdrawals page on which you will find the different ways to withdraw capital.
- When you are logged into your account, you see the main menu on your left which allows you to access different features.
- Withdrawal times vary depending on the payment provider but range from the same day up to 10 business days.
- When he has approved your request to create an account, you must verify your identity and make a first deposit to start trading.
- However, clients might need to pay third-party charges depending on their payment method.
Crypto-currency trading involves risk and it is important not to invest more than you can afford to lose. These are recurring problems with unscrupulous brokers, but we read a lot of opinions from customers who have great difficulty withdrawing money from the platform. To get paid, brokers apply spreads on the prices of the financial assets they sell. In the same way as most brokers, worldtradex offers applicable leverage effects on the prices on which you trade.
NBP helps protect traders against large losses in case of sudden market movements. It functions as a mechanism that prevents the account balance from going into negative figures, ensuring that traders don’t end up owing money to the broker. The leverage level can be adjusted to suit the specific requirements of traders, allowing them to take control of their trading strategies.
We note that the broker worldtradex does not highlight its cryptocurrency offer at all despite the fact that they offer it through their services. Hi Sébastien Thibault,We love to hear what our customers have to say, and your feedback has been very insightful! Deposit and withdrawal processes are protected with the latest SSL encryption and other security technologies. As the broker is regulated, clients should complete their KYC that is in line with the Seychelles Financial Services Authority. If you choose MetaTrader 4, you receive credentials after registering on worldtradex.
These levers are used to multiply the movements on a course. Dear Abagourram Abdellah,Thank you for providing the requested information.We would like to inform you that your case has already been forwarded to our Complaints Department. The MT4 platform is available as different versions, such as the desktop version and the mobile app. Traders can also use the platform’s web version to access the markets from any computer with an internet connection.
These are used to link your worldtradex account to MT4 to start trading. Your review has been sent for the moderation and will be posted on the broker page after approval. Hello François,We are so grateful that you took the time to write this excellent review! Much appreciated.😃 We hope your experience with worldtradex continues to be a positive one!
- This kind of section is quite appreciable and the contents found there are interesting and well designed.
- In addition, worldtradex charges swap fees if the positions remain open overnight.
- worldtradex also provides a wealth of educational resources for traders of all levels, from beginners to advanced.
- They may not be suitable for everyone and you should ensure that you understand the risks involved.
- There is little information available regarding other types of fees on the platform.
- ⚠️ This article is published for informational purposes and should not be considered as investment advice.
How to open a trading account at worldtradex
The company has no authorisation to operate as an investment firm in Denmark. If you use an investment platform without a license to trade financial instruments, you are not ensured investor protection. This means, among other things, that investors cannot issue a complaint to The Danish Financial Complaint Board and that the investments are not covered by the Danish Guarantee Fund. Thus, it is unlikely that you will get your money back if things go wrong. Regardless of whether you trade forex or other financial instruments, worldtradex equips you with the tools you need to make informed decisions and succeed in your trading activities.
worldtradex is regulated and authorized by the Seychelles Financial Services Authority (FSA) which ensures that worldtradex complies with all applicable laws and regulations. Client funds are kept in segregated accounts in top-tier banks, and the broker also implements the latest encryption technology to protect clients’ personal and financial data. Investments related to crypto-assets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. The worldtradex site offers an “Academy” section, a fashion among brokers. To trade with worldtradex, everything happens via their website.
This website does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. Rates and terms set on third-party websites are subject to change without notice. ⚠️ This article is published for informational purposes and Worldtradex reviews should not be considered as investment advice.
When he has approved your request to create an account, you must verify your identity and make a first deposit to start trading. You must then fill in basic information about yourself and the account you want to create. You also choose the starting bonus you prefer and your leverage. worldtradex offers a well-designed and easy-to-use website even if the platform has a bit of a “casino” side which can be a little reassuring for a trading broker. These regulations are easy to obtain compared to the approval by the AMF in France. In addition, worldtradex charges swap fees if the positions remain open overnight.
The broker often offers contests to earn capital to trade. worldtradex is a new broker that offers services in the trading of financial assets such as FOREX and indices. These products are traded on margin and carry a high level of risk and it is possible to lose all your capital. They may not be suitable for everyone and you should ensure that you understand the risks involved. The Privilege account offers all the features of Standard and Premium accounts.
Hey Alexandre,Thanks so much for your feedback, and we’re happy to hear that you’ve been enjoying our platform! 🤩 🥳We hope you keep choosing worldtradex for all your trading needs! They are used by traders and are great for increasing the income generated from trading. It should be kept in mind that the levers are dangerous and can make you lose all your capital quickly.
worldtradex also regularly organizes a competition which they call “League of the best traders”. It is a tournament organized every month between traders who must try to present the best results. This kind of section is quite appreciable and the contents found there are interesting and well designed. We feel with this section that FOREX is clearly the favorite subject of the broker since he mainly talks about this asset.
worldtradex, regulated under the Seychelles Financial Services Authority, offers a wide range of trading instruments, including forex, futures, commodities, shares, and indices. The customer support team at worldtradex is available 24/5, offering multilingual support. They provide traders with assistance when it comes to trading accounts, deposits, withdrawals, and more. Their customer team is knowledgeable and friendly and always willing to help traders with any issues they may have. Traders can contact the customer support team via email at , and they will reply within 24 hours. worldtradex also provides a wealth of educational resources for traders of all levels, from beginners to advanced.