Traders must submit their name, e-mail, country of residence, mobile number, and date of birth. It also includes the account selection process, which I find convenient. I recommend beginners start with the worldtradex video lessons before funding a worldtradex account. I also urge beginners to seek in-depth education from third parties to deepen their foundation and avoid paid-for courses. Educational webinars, ebooks and podcasts… man im getting most of it.
It’s good that there’s at least a demo account and a cent account, but this still doesn’t eliminate the feeling that the trading conditions at worldtradex are far from transparent and clear. Yes, you can try it on a demo account, but real trading requires more clarity. In general, the conditions are a mix of mediocre and veiled. If a broker calls itself global, safe, and profitable, you should not take its word for it.
The trading conditions are nice, which is https://worldtradex.bid/ all i need. worldtradex provides its own dedicated mobile trading app, allowing users to trade conveniently without relying on external platforms like MT4 or WebTrader. The WebTrader platform provides a convenient trading experience directly through any web browser, requiring no software downloads or installations. Additionally, worldtradex regularly hosts a competition called the “League of Top Traders”, a monthly contest where participants compete to achieve the best trading results. The prizes are attractive; currently, a total of $10,000 is offered to the winning traders.
Their trading is NOT Ai
- worldtradex offers competitive spreads starting from 1.2 pips on Standard accounts.
- worldtradex is committed to safeguarding client funds and ensuring a secure trading environment.
- worldtradex offers a blend of market research developed in-house and incorporated from third-party providers.
- worldtradex incorporates the standard suite of MetaTrader 4 available for desktop, web, and mobile trading.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- All this data confirms that the broker started operating in 2022.
This free option allows you to test worldtradex’s spreads, quotes, and trading instruments in a risk-free environment. As we discovered, worldtradex does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn’t make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker. worldtradex offers three retail trading accounts with a minimum deposit of $50. The available base currencies include EUR, USD, and GBP.
worldtradex Reviews 950
worldtradex accepts payments via bank wire, credit and debit cards, e-wire, and cryptocurrencies. It does not impose a handling fee for deposits and withdrawals, though third-party payments may apply. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and exploit the underlying trading opportunities in multiple ways. On the other hand, I assessed that spreads on a Standard worldtradex account exceed the industry average, and it does not offer a raw spread trading account.
This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You should consider whether you can afford to take the high risk of losing your money. Hello Karim B.,We are so grateful that you took the time to write this excellent review!
Total scam avoid this company
worldtradex, operated by Tradeco Limited, segregates client deposits from corporate accounts and offers negative balance protection. Founded in 2021, it lacks the longer operational history of many competitors, but my review found no misconduct on behalf of worldtradex, which maintains a clean regulatory track record. Trading with a regulated broker will limit the potential for fraud and malpractice.
Our main mission is to tell the truth about companies which offer people to make a profit from their investments and financial deposits. There are many companies that mask their scam activities under the facade of real investment projects. Our articles and reviews can help any potential investor to avoid scam in the world of global finances.
- Traders can enjoy trading with fast execution through the industry-leading MT4 trading platform.
- You can take advantage of very favourable trading conditions, including a good variety of accounts and flexible spreads across a range of assets.
- “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning.
- MT4 platform with all my love toward you, this should be replaced by at least its newer 5 version.
Risk Disclaimer
After registering with worldtradex, traders receive login credentials for MetaTrader 4, enabling them to link their brokerage account directly to MT4 and start trading seamlessly. Our reviews are conducted by seasoned trading professionals who bring years of market experience to the table. Each review is meticulously fact-checked and validated by our in-house experts to ensure it meets the highest standards of accuracy and relevance. Yes, worldtradex offers Islamic accounts that comply with Sharia law, featuring no swap or interest fees for overnight positions.
What are the benefits of trading with worldtradex as a beginner?
worldtradex provides trading services on over 300 financial instruments across six asset classes, including Forex, and Shares. The company has an average score of 3.7 on TrustPilot, and offers 24/5 support in 30 languages. worldtradex broker offers multiple promotions, including a deposit bonus of up to $2,000, and the 100% Supercharger. I like the educational content for beginners at worldtradex, which also maintains a balanced asset selection. The flexible leverage and customizable demo accounts are also excellent, offering traders two core trading tools. worldtradex offers a variety of account types tailored to meet the diverse needs of its clients, ranging from beginners to experienced traders.
What bonus would you recommend to a newbie trader to trade with a larger deposit?
worldtradex is highly valued by beginner and skilled traders as a worldwide leader in online Worldtradex scam trading. worldtradex sees its mission in providing its clients with an unparalleled trading experience thanks to advanced solutions and top-quality service. With worldtradex, clients can find their way to their financial freedom in the global financial markets. worldtradex is an international, trusted, multi-asset and CFD broker.
The broker enables traders to create an account in just 2 minutes by collecting essential user details and trading preferences. worldtradex supports mobile trading, offering dedicated apps for both iOS and Android. worldtradex received a score of 6/10 in this section, indicating a generally acceptable mobile trading experience. The trading and non-trading commissions of broker worldtradex have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Eightcap and worldtradex Group, to provide the most comprehensive information. In adition to trading services and tools that I can use for trading, broker has a lot of analytical resources that I use for analytics.
This will help Tradersunion.com to continue to provide our services to you for free. I discovered that worldtradex offers three commission-free trading accounts with floating spreads. The broker has a 100% margin call and a 20% stop-out level, protecting its clients against the dangers of a complete account wipeout.