I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. 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. For example, the « minimum expertise » field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk.

Both the user and any interested party can access this section to see the performance of accounts that have opted for public visibility. The economic calendar, pip calculator, and other tools are integrated within the app, while the web version contains links directing users to external pages. The « Space » section allows users to see posts on various topics directly on the web, but the configuration for the topics is set in the mobile app. Additionally, the worldtradex platform features a one-click trading button that cannot be removed, which poses a risk since clicking it executes trades without confirmation.

• The platform’s use of segregated accounts, SSL encryption, and secure withdrawal processes gives traders confidence that their investments and information are well protected.
• This situation requires clients to place more trust in worldtradex itself than in its regulators, as these regulations are more focused on preventing terrorism and money laundering than on execution-related issues.
• It offers commission-free access to financial markets and a variety of services already utilized by clients from 180 countries with more than 40+ million trading accounts.
• It has several entities around the world and provides services by industry standards.

Which Account Types Are Available with worldtradex?

worldtradex offers a wide range of trading instruments to cater to various traders’ needs. With options including 35 volatile currency pairs, 150 stocks from 16 exchanges, popular indices, and commodities such as gold, silver, and major oils, worldtradex provides a comprehensive trading experience. worldtradexFX’s no-fee policy for deposits and withdrawals, combined with its competitive spreads and high leverage, creates a cost-effective trading environment. Comprehensive customer support and a wealth of educational resources https://worldtradex.space/ add value, empowering traders to make informed decisions.

worldtradexFX Deposit and Withdrawal Fees

However, traders may be charged third-party processing fees—which worldtradex has no influence over. Furthermore, although worldtradex does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion. For traders trying to cut non-trading costs, worldtradex’s attitude to extra fees stresses affordability and openness, which appeals. Overall, worldtradex provides good flexibility in terms of conditions, platforms, and instruments it proposes. Before we had some concerns due to its operation only through an offshore entity now worldtradex is regulated by the European CySEC aligned with the MiFID directive along with further expansion globally and obtaining additional licenses.

Account Opening

RationalFX, a company with over 17 years of experience since its founding in 2005, has established itself as a credible authority in the industry. With an impressive collection of over 2500 reviews on Trustpilot, boasting a score of 4.2, it’s clear that Rational FX has built a reputation for providing reliable and unbiased information. By offering a range of payment methods with swift processing times and zero fees, worldtradexFX ensures that managing your trading funds is both efficient and economical. With versatile accounts and a hassle-free setup process, worldtradexFX offers an inclusive trading environment suitable for traders worldwide. worldtradex affirms that deposits can be made via bank wire, credit card, digital wallet, and cryptocurrency.

With strong customer support, quick withdrawals, and no deposit/withdrawal fees, worldtradex stands out as an excellent choice for traders looking for a seamless trading experience. worldtradex (worldtradexFX) is an international forex broker that offers a variety of trading services across multiple asset classes, including forex, commodities, cryptocurrencies, stocks, and indices. worldtradex is geared towards beginner and intermediate traders, providing user-friendly platforms such as MetaTrader 4, MetaTrader 5, and its proprietary worldtradexTrader.

From the worldtradex app, users can open positions in the worldtradex account as well as in MT4 and MT5, which can also be done using those specific applications. This means the app provides complete control over all open accounts and displays the full trading history. It features attractive charts for all three account types, allowing trading and modifications.

It also provides Islamic (swap-free) accounts that comply with Sharia law. worldtradex offers a smooth and secure deposit and withdrawal process with various popular payment methods. With a 50% bonus on deposits, traders can boost their potential, while the fast processing times and zero fees make funding and withdrawing funds hassle-free.

Therefore means its operation is aligned to the necessary protection level. Under its European CySEC license broker operates also a global offering from international entity, therefore we advise to check on carefully under which regulation you will fall as it may propose different trading conditions. worldtradexFX does not charge any fees for withdrawals and also covers any fees imposed by payment systems, allowing traders to withdraw funds without incurring additional costs. Both platforms are available on desktop, web, and mobile devices, ensuring seamless trading across various operating systems. They also offer real-time market updates, one-click trading, and multiple order execution options to enhance trading efficiency. With worldtradex, you can trade a total of 300 trading instruments, including 52 Forex pairs and 277 CFDs, covering indices, commodities, and cryptocurrencies.

Withdrawals can be initiated from the website https://worldtradex.site/ dashboard or through the mobile app. worldtradex does not charge fees for deposits or withdrawals, nor does it impose commissions on trades. One of the standout features of worldtradex is that it does not charge swap fees. Positions held overnight are not subject to fees, whether positive or negative, which is a distinctive aspect of worldtradex.

Whether you’re a forex trader, a commodity trader, or interested in cryptocurrencies, worldtradex’s competitive leverage options and a wide array of instruments provide ample opportunities for traders at all levels. worldtradexFX, a globally recognized online forex broker, was established in 2011 with its headquarters in St. Vincent and the Grenadines. Over the years, it has expanded its operations to serve traders worldwide, offering access to a broad range of trading instruments, including forex currency pairs, commodities, indices, cryptocurrencies, and stocks.