worldtradex Trading Review 2025: Broker Fees, Spreads, and Legitimacy

By creating a worldtradex practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the worldtradex demo account can help individuals to make informed decisions before investing their money. MT5 on worldtradex features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets. worldtradex MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools.

Visit the FPA page to see more user experiences with this broker. worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message. They provide support 24 hours a day from Monday to Friday and 18 hours over the weekend via email, phone, and chat. Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features. worldtradex is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others.

worldtradex Tools and Resources

worldtradex has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, worldtradex will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like worldtradex, you can enjoy peace of mind and focus on your trading activities.If worldtradex violate any regulatory rules their regulated status could be stripped. This variety allows traders to explore and invest in a wide range of markets, offering flexibility in trading strategy.

worldtradex MobileTrader App

Read our full explanation and accounting of our research and testing process to learn more about how we test.

worldtradex MetaTrader 5 Advanced Trading Tools

I’ve used their live chat a few times when I needed quick assistance. Once, I was having trouble understanding the differences between accounts, so I jumped on live chat. Within a few minutes, the representative answered my questions. One notable fee for less frequent traders is an inactivity fee of $15, charged once after one year of no activity. Following this, a monthly fee of $5 applies if the account remains inactive. To deposit funds and start trading, I had to complete the standard KYC procedure by submitting Proof of Identity (POI) and  Proof of Residence (POR).

  • worldtradex applied 0% Withdrawal Fee and offers zero fees on both deposits & withdrawals.
  • Clients who still need to meet the eligibility requirements can access the VPS by requesting it in the Members Area for a monthly fee of $28.
  • Multiple payment methods are available depending on the worldtradex entity such as Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Perfect Money, Apple Pay, Google Wallet etc.
  • The platform selection is basic with MT4 and MT5 available, while similar Brokers like AvaTrade also include professional COpy Trading and proprietary softwaare to diversify more.

Compare the markets and instruments offered by worldtradex and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare worldtradex with the top 3 similar brokers that accept traders from your location. I’ve found worldtradex’s customer support responsive, helpful, and professional.

worldtradex have won numerious industry awards over the 16 years they have been operating as a financial broker. We have listed the most notable awards and mentions for worldtradex below. worldtradex has received various awards over the years from different organizations, reinforcing its reputation as a notable broker in the financial industry. worldtradex offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices. Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. E-wallets are generally faster, often the same day or the next day.

We aim to provide you with all the information in this worldtradex review you need to determine if worldtradex is the right fit for you. 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. We understand that informed decisions with worldtradex are the key to successful trading, so we’ve provided this detailed worldtradex review. So, take a seat, grab a cup of coffee, and dive in to learn about worldtradex and how it can benefit you or if worldtradex is not for you. Here you can find what Forex Peace Army users think about worldtradex.

Trading platform

For newbies, worldtradex is one of best broker because of its easy-to-use platforms, a low minimum deposit of just $5, and wealth of professional Forex Education and materials. worldtradex also offers a virtual fund trial account so newcomers may practice free from danger with Demo Trading. Lastly, worldtradex offers a conducive environment for inexperienced traders to grow their abilities and confidence in https://worldtradex.site/ the market by including negative balance protection and 24/7 multilingual customer assistance.

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I choose this option here at worldtradex to withdrawal becase it’s safe with bank and you will get your money with high security. Even if you keep changing rules they will not honor their pitch which brought you on to them. Its all about exploring new variants, Kgvst, payment has been coming easy.

Yet, the trading instrument range is different based on entity conditions, alike under its worldtradexGlobal brand, Broker provides a selection of 60 cryptocurrency pairs for trading. Furthermore, clients may pay costs from payment processors for transactions even when worldtradex does not impose withdrawal fees. For trades involving instruments denominated in a different currency than the base currency of the account, there also are currency conversion fees. worldtradex keeps a clear charge schedule overall, but traders should take these https://worldtradex.blog/ extra expenses into account while running their accounts. worldtradex is indeed good Broker for beginning traders, also Traders with experience who prefer MT4 or 5 platforms and run various strategies looking for stable Broker.