worldtradex FX Trading Platform Reviews, FAQs, Pros and Cons


September 26, 2024 12:59 pm Published by

worldtradexFX is ranked among the Top 20 Forex and CFD brokers for Dubai. worldtradexFX’s VPS, free for all account holders, provides a secure and dedicated virtual server in a highly secure data center. Yes, worldtradexFX’s MetaTrader platforms are highly customizable.

Since last week I started using worldtradexfx

Overall great value with a choice of more than 70 assets to trade. We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, worldtradexFX would be a top choice. However, one should also consider worldtradexFX’s fee structure and the requirements to access certain features, such as the VPS service, which requires a $500 initial deposit and a monthly trading minimum. Our findings also highlight that customer service is one of worldtradexFX’s strongest suits, and it consistently receives positive feedback for responsiveness and efficiency.

If you need an worldtradexFX Islamic account, then these are also available. Here will have an account that is totally Sharia law compliant and benefit from the award-winning service of worldtradexFX in the area. Until recently, the broker had also been regulated by the FCA, however worldtradexFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to worldtradexFX. No, worldtradexFX does not offer the option to trade the Volatility 75 Index.

Contacting Customer Support

With all the updated and new technologies in the market, it seems like worldtradex FX is falling behind with its updates. worldtradexFX offers their customers 24/7 customer support, all week even on weekends. The customer service response rate was quite fast based on my personal experience and the live chat option just makes getting in touch, when support is needed, easier and faster.

What time does the Forex market open in Hungary?

  • It has no restrictions on Stop/Limit levels and allows users to perform multiple functions like reverse, double or close all positions in one click.
  • worldtradex states that the firm is in full compliance with international legislation and regulation standards, and guarantees funds security and negative balance protection (NBP) to its clients.
  • Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs.
  • Upgrading to a live account requires a bit more leg-work but is by no means arduous.
  • Yes, worldtradex offers commission-free access to financial markets, allowing traders to focus on their investments without worrying about additional trading fees.
  • In addition, they have to keep client funds must be held in segregated accounts separate from the company’s operational funds.

If you ever have any questions or need further assistance, feel free to reach out to us via live chat or email We’re always here to help! On worldtradexFx, customers can withdraw funds https://worldtradex.site/ from their trading accounts using the same ways they deposited. To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified. The broker claims to process all withdrawal requests received within 1-3 hours.

Can I use someone else’s bank account to deposit to worldtradexFX?

We like FXOpen as an alternative to worldtradex for the flexibility it offers. Besides MetaTrader, FXOpen offers a proprietary platform and WebTrader. Flexibility can also be found in the wide range of account options. For example, the Micro Account is good for beginners, with zero commissions and super low minimum deposits.

  • Spreads provided by worldtradexFX vary based on the commissions charged by brokers and the market conditions prevailing during trading.
  • The platform itself is easy to use on both sides and provides you with a good ability to see the performance of other traders and a number of metrics.
  • MT4 is ideal for new traders and more experienced traders who require a simplistic yet sophisticated platform.
  • worldtradex may be best suited if you are new to trading and live in a region where you require support in non-English languages, such as Southeast Asia.
  • This guarantees that your funds remain safe and protected according to international standards.
  • worldtradex has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.

worldtradex’s affiliate program offers an excellent chance for brokers and traders to earn passive income with high commission potential and daily payouts. The program provides favorable conditions for clients, making it easy to grow your business. Whether you’re experienced or new to the industry, worldtradex’s tools and support will help you succeed and earn consistent commissions. worldtradex offers a smooth and secure deposit and withdrawal process with various popular payment methods.

I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. worldtradex’s market research is well organized and varied in its content. Rather than specializing in any one field, worldtradex provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, worldtradex has room to enhance its research offering. For instance, I found that the content on the worldtradex Blog is not updated daily across all categories. Don’t be fooled by this worldtradexFx, they are blocking and returning the money of many customers from the market, when you try to withdraw, they show strange reasons and finally they are stealing your money.

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