worldtradex offers the TradeCopier platform for both professionals and amateur traders. If you’re confident in your trading skills, become a strategy provider and let others copy your trade and earn up to 40% performance fees. This multi-asset broker brings a lot to the table, catering to traders of all stripes. Whether you’re into forex, metals, futures, commodities, shares, or indices, worldtradex has got you covered.
Spreads
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose. Léa is a member of the InvestX team, dedicated to guiding users through their learning journey. On InvestX.fr, Léa writes articles to help readers decode the latest news and stay informed about the ever-evolving blockchain world. Our overall assessment of worldtradex is mixed, and we strongly advise traders to proceed cautiously with this broker. Additionally, worldtradex regularly hosts a competition called the “League of Top Traders”, a monthly contest where participants compete to achieve the best trading results.
We ensure every client experiences uniform trading conditions, irrespective of their investment magnitude. We are unwavering in our dedication to furnishing our clientele with groundbreaking products, acting as catalysts in realizing their trading aspirations. Our commitment is anchored in fostering a vibrant and adaptive environment, laden with all essential tools pivotal for a comprehensive trading experience. With worldtradex, we have sculpted trading into an art form, offering a symphony of financial instruments available for trade through CFDs within a regulated framework. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription.
Commission and Spread Fees
The worldtradex platform offers a modern, intuitive, and user-friendly website. Yet, its somewhat casino-like design may raise concerns regarding professionalism and trustworthiness among serious investors. It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry.
- Whether you’re interested in forex, commodities, indices, or shares, this worldtradex review confirms that worldtradex provides the tools and resources needed to trade efficiently and confidently.
- Our deposit bonuses provide some extra power when you are just starting out.
- NBP helps protect traders against large losses in case of sudden market movements.
Withdrawal requests are typically processed within 24 to 48 hours, with the actual time to receive funds varying based on the payment method. The absence of broker-imposed withdrawal fees adds to the overall cost-efficiency of trading with worldtradex. 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. Embarking on your trading journey with worldtradex unlocks access to a diverse range of markets, excellent trading conditions, and unwavering support.
worldtradex, regulated under the Seychelles Financial Services Authority, offers a wide range of trading instruments, including forex, futures, commodities, shares, and indices. With a reliable platform, educational materials, multilingual customer support, and four types of trading accounts, the broker is a reliable choice that provides traders with an enjoyable trading experience. worldtradex is a global online trading broker that offers a variety of financial instruments, including forex, commodities, indices, and cryptocurrencies. Known for its user-friendly trading environment, worldtradex caters to both beginners and professional traders, providing competitive spreads and robust trading platforms like MetaTrader 4. worldtradex ascends as a leader in the trading domain by catering precisely to what traders seek. We unveil a diverse spectrum of financial instruments, platforms, and account types, optimizing convenience in your trading endeavors.
worldtradex is a trade name of Tradeco Limited, which is authorized and Worldtradex website regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the worldtradex group includes Damadah Holding Limited, which is based in Cyprus. worldtradex supports the MetaTrader 4 (MT4) platform, which is available across desktop, web, and mobile devices. No, worldtradex does not accept clients from the United States due to regulatory restrictions.
worldtradex’s Account Opening Process
In my view, a good chart should afford easy scaling up and down of price action. MetaTrader 4 has many essential features, such as one-click trading, an alarm setting option, and a depth of markets tool. Because of its simplistic and straightforward design, I would say that MT4 is a good stepping stone for beginner traders wishing to learn essential charting skills on a platform with an easy learning curve. My tests indicate that worldtradex’s swap charges meet the industry average. They are thus suitable for the execution of longer-term trading strategies, such as day and position trading. My analysis indicates that worldtradex’s fees are above the industry average, and the broker offers limited client protection.
For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable. I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning worldtradex’s high level of fee transparency. I also discovered that the broker has a ‘best execution policy’, guaranteeing that traders’ orders will be filled under the most favorable price quotes under the prevailing market sentiment. Established in 2021, worldtradex is an emerging CFD broker based and regulated in Seychelles, serving traders globally. The broker offers access to a diverse portfolio of over 300 tradable instruments across major asset categories.
worldtradex: Refining Trading Excellence
It’s compatible with most web browsers and operating systems, offering a convenient and seamless trading experience for those who prefer trading from different devices or locations. The brokerage stands as a synonym for reliability in the trading realm, guaranteeing an unparalleled trading experience marked by competitive spreads and a comprehensive array of trading tools. worldtradex offers a variety of account types tailored to meet the diverse needs of its clients, ranging from beginners to experienced traders. Each account type is designed with different features and benefits to cater to various trading styles, risk appetites, and investment levels. worldtradex generally does not charge withdrawal fees, allowing traders to access their funds without penalty.
- The app is available for download on both the Apple App Store and Google Play Store for Android users.
- This policy encourages traders to maintain regular activity in their accounts but could be a drawback for those who trade less frequently or take extended breaks from trading.
- worldtradex is still a relatively new broker, having been established just a couple of years ago.
- Overall, worldtradex’s fee structure is designed to be both competitive and transparent, making it an attractive choice for traders looking to optimize their trading costs.
- worldtradex is considered safe due to its regulatory oversight by the FSA.
The reasonableness of commission fees largely depends on the trading style and preferences of individual traders. For traders who prioritize tight spreads and prefer not to pay commissions, worldtradex’s model aligns with their needs. worldtradex, the broker of choice for traders seeking safety, variety, and expert guidance. Choose between Standard, Premium, Privilege and Cent accounts and enter the markets with superb trading conditions. Our reviews are conducted by seasoned trading professionals who bring years of market experience to the table.
The offering is well-balanced and suitable for the execution of multiple trading strategies. worldtradex offers commission-free trading and above-average floating spreads. The broker does not charge deposits and withdrawals but has issued an inactivity fee. worldtradex offers both fixed and floating spreads, and these may vary depending on the type of trading account and the market conditions. Traders who need more stability during trading can choose the fixed spread account because fixed spreads help to reduce their trading costs.
Explore trading opportunities with worldtradex
Plus, you’ll be trading on the industry-leading MetaTrader 4 platform, known for its fast execution and robust features. worldtradex offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations. Trading financial instruments, including but not limited to forex, CFDs, stocks, and cryptocurrencies, carries a high level of risk and may not be suitable for all investors. The leveraged nature of these products can work both to your advantage and disadvantage.
As pioneers in the realm of online trading, we extend a beacon of opportunities across global financial markets to traders of all calibers. Whether you are just embarking on your trading journey or are a seasoned professional, we are here to navigate you towards financial liberation within the expansive financial markets. We stand as a beacon in the world of online trading, establishing ourselves as a global leader in this domain. Our services extend to novice and seasoned traders alike, granting access to an array of opportunities within the multifaceted global financial markets. Irrespective of your trading acumen, we are steadfast in our mission to navigate you towards attaining financial sovereignty within the intricate web of global financial avenues. Our reviews cover a broad spectrum of factors, including regulatory compliance, asset diversity, trading conditions, and user experience.
Mobile apps will help you open or close orders in emergency situations such as power outage, loss of internet connection to your computer, breakdown of your PC, etc. There are Standard, Premium and Privilege live Fixed and Floating spread account types. Floating spreads mean that spreads are determined by the market and change is based on market activity. worldtradex’s dedication to trader satisfaction is evident through its multilingual customer support available 24/5, addressing inquiries related to trading accounts, financial transactions, and much more. Traders can reach out via email at and can anticipate a response within 24 hours. worldtradex epitomizes the synthesis of advanced technology and deep market insight, offering not just a platform, but a comprehensive trading ecosystem.
