worldtradex: In-Depth Online Stock Broker Review 2025

VIP Account holders benefit from personalized customer support and access to premium trading tools via worldtradex’s MT4 and MT5 platforms. worldtradex offers a variety of account types tailored to different trading needs and experience levels. The Micro Account requires a minimum deposit of $100, making it ideal for beginners or those with smaller capital.

Account Types and Terms

This can obscure price action examination and make it harder to perform detailed technical analysis. The values listed below are for one full base currency contract (100,000 units). A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.

• China Union has a transaction limit of 360,000 CNY with a withdrawal fee of 20 CNY.
• The broker is regulated by entities in multiple countries, which ensures that it adheres to strict standards of conduct and financial practices.
• Deposits are free on all funding methods and are processed within 24 hours, which is around the industry average.
• Each demo account imitates actual trading conditions and comes loaded with 100,000 of the base currency of your choosing.
• The broker also provides copy trading solutions through its TradeCopier service and VPS hosting for low-latency trading.

Can I Use MetaTrader 5 At worldtradex?

It is one of the sponsors of the 2018 Offshore Racing Congress (ORC) European Championships and will support an worldtradex Racing Yacht. worldtradex previously sponsored the ORC Worlds Trieste 2017 and was an official partner of FC Barcelona from 2014 to 2017. It may take time to process withdrawals, some traders have mentioned that worldtradex is slower than other brokers. First, ensure that all your open positions are closed and your account balance is cleared. Next, contact worldtradex customer support via email or live chat to request account closure.

worldtradex Trading Instruments

There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. For the purposes of this review, we found the customer support responsive but uninformed. They were unable to answer many of our questions and seemed generally confused. worldtradex’s research and analysis materials are more comprehensive than its education section, but compared to other large international brokers, are still lacking.

worldtradex offers a variety of account types, catering to traders of different levels and with different needs. The available accounts include Standard, ECN, VIP, and Swap-Free accounts. Each account type comes with its own features and requirements, including minimum deposit amounts, leverage options, spreads, and commissions. So, as you explore your trading options, it’s crucial to understand the features of worldtradex, including its trading platforms, fee structures, and the various account types available.

The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

• The worldtradex Research mobile app provides financial articles, real-time currency quotes, daily technical and fundamental commentaries, live economic calendar alerts, and daily market news.
• Processing times vary, with some methods offering instant transfers and others requiring several business days.
• It consists of actionable trading signals, a robust market sentiment gauge, detailed market breakdowns, and more.
• Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator.

For more experienced traders, the Premium Account requires a $1,000 deposit, offering tighter spreads and better trading conditions. The VIP Account is designed for professional traders, with a minimum deposit of $10,000 and access to exclusive features like even tighter spreads and personalized support. This range of account options allows traders to choose the one that best suits their trading style and capital level. worldtradex offers a variety of account types to suit different trader levels and strategies. The Micro Account is ideal for beginners, with a minimum deposit of $100 and competitive spreads Worldtradex courses scam starting from 1.8 pips.

Favorable conditions for commodity traders

His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. Clients must contact the broker’s customer support to request further assistance. Phone support is only available to active clients with their account managers. After conducting a series of tests, I concluded that worldtradex’s multilingual customer support is fast and reliable.

Additional Features

It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements. In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs).

As such, worldtradex does not have its own proprietary platform but does offer the full range of MetaTrader 4 platforms. worldtradex provides its services globally, but certain regions are restricted due to regulatory limitations. Supported regions include most countries in Europe, Asia, Africa, and Australia, where traders can easily open accounts and trade. However, prohibited regions such as the United States, Canada, and some countries in Asia, are restricted from using worldtradex due to local regulations and compliance issues. It’s important to check whether your country is supported before attempting to open an account. These restrictions are in place to ensure compliance with financial laws and regulations in each region.

worldtradex operates under the regulation of several financial authorities, offering a high level of security and protection for traders. The broker is regulated by entities in multiple countries, which ensures that it adheres to strict standards of conduct and financial practices. It also provides negative balance protection to safeguard traders from incurring losses beyond their initial investment, which is particularly useful for beginners. AutoTrade lets you automatically “mirror” or copy another trader’s transactions who then gets paid a small part of the dealing spread. worldtradex offers an extensive choice of Contract for Difference (CFD) instruments.

How To Make A Withdrawal

Broker also allows you to use third party trading robots and automate your own trading plan, which you can implement using MT4. Platform support is limited to MT4, but worldtradex offers an upgraded package labeled MT4 Advanced, which transforms MT4 into a state-of-the-art trading terminal. Traders can also choose between nine live flexible accounts, including a low-deposit Cent Account that appeals to beginners who prefer to make smaller trades measured in micro-lots. To ensure a smooth trading experience, robust customer support is crucial. worldtradex provides multiple channels for assistance, including live chat, email, and phone support. However, you may encounter long wait times during peak hours, so it’s advisable to reach out during less busy periods for faster responses.

I also love how cost-effective this platform is, the broker has beginners in mind. Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. When we used worldtradex, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. worldtradex also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000. worldtradex customers can choose from a good range of deposit and withdrawal methods. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics.