WorldTradex Reviews 74 Reviews of WorldTradex com


Categories :

I have never seen lower floating spreads on major currency pairs – the assets I usually trade. But it’s the analyst reviews and articles that have become my real love. They have given me a much better understanding of what is actually happening in the market and how I can really use them in practice. And the withdrawal of funds here is done without any problems. There are three account types (Standard, Advanced, and XL) offered by the broker.

WorldTradex review

I was trading with another broker previously, and after I pressed the buy or sell button, there was a little time to wait for the trade to be executed. So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different. Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with. WorldTradex offers a decent selection of payment methods including standard card and wire transfers as well as crypto and e-wallet solutions. This is a convenient range and I was especially happy with the inclusion of crypto payments as these are highly flexible and should work for traders based almost anywhere.

Customer Reviews

  • All funds deposited to WorldTradex are held in segregated bank accounts for security.
  • Our team has compiled a series of detailed WorldTradex comparison articles, pitting the WorldTradex platform against some of the best-rated WorldTradex competitors in the market.
  • I am still not sure actually whether or not I will be transfering here all my capital.
  • After obtaining the initial deposit, more experienced scammers may be brought in to extract additional funds.
  • Below we give an overview of the account types that WorldTradex offer.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, WorldTradex leverage magnifies both profits and losses in trading. You can trade a wide variety of instruments with WorldTradex over 200 instruments in fact. WorldTradex have won numerious industry awards over the 17 years they have been operating as a financial broker. We have listed the most notable awards and mentions for WorldTradex below. Remember, WorldTradex needs to be your partner in your trading journey.

As I wrote here two years ago, the WorldTradex broker is one of the best in the market. The only drawback is that it does not support Metatrader 5, which I hope this broker will support this platform as soon as possible. Throughout our comprehensive WorldTradex review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. However, remember that you won’t be able to make trades on WorldTradex until you have passed compliance, which may take several days, depending on your circumstances. It’s essential to complete the WorldTradex KYC compliance process as soon as possible to avoid any delays in accessing the WorldTradex platform’s features. It’s worth noting that the expiration date of the proof of address document may differ for different entities under WorldTradex Brand.

WorldTradex Compared To Other Brokers

Brokerage firms like WorldTradex may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the WorldTradex trading account level held by the trader. To better understand the WorldTradex trading platform, you can create two separate accounts – one with real money and the other a WorldTradex demo account. A WorldTradex demo account provides a risk-free environment for experimenting with the WorldTradex platform’s features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in WorldTradex trading decisions.

WorldTradex

We score and compare forex brokers in more than 15 categories. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. In addition to the Forex ECN XL trading account, WorldTradex also offers a VPS and depending on regulation – first deposit bonus. Clients can trade using a Virtual Private Server, which can give them three main advantages, including accessibility, security, and speed. Regulated by CySEC, WorldTradex provides clients with access to a Forex model STP/ECN.

But when examined closely, one cannot find much disparity between them. All of them have similar basic features without much alteration. The minimum deposit of the standard account is as high as $10,000. In this account, only 30 instruments are offered for trade, and leverage is low too. The broker claims to have regulations from multiple authorities.

  • But we don’t stop there – we also offer valuable insights into other great alternatives to WorldTradex, so you can make a more informed decision and compare other brokers against WorldTradex.
  • Accessing the MT4 app through an WorldTradex account is also straightforward, requiring only 3 easy steps, while mobile traders get the same tight spreads and reliable execution provided by the broker.
  • We would advise traders and investors to think twice before they put their hard-earned money in the hands of the broker.
  • Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
  • The $0 minimum deposit also makes the forex broker accessible for new traders.
  • We aim to equip you with an array of objective appraisals, insightful commentary, and meticulous analysis.
  • Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone.

What are the spreads and commissions like with this broker? also, what is the best leverage for someone just starting?

That’s why we’ve compiled this https://worldtradex.pro/ detailed WorldTradex review with some important information that will hopefully make you more informed when online trading with WorldTradex. To be fair, my first impression of this broker was “lol, this broker is so outdated and the user interface is quite old”. 😂 Anyway, I joined them because their reputation speaks for themselves.Nonetheless, I was really surprised when I found out that it’s possible to trade crypto currencies here.

Leave a Reply

Your email address will not be published. Required fields are marked *