My good reviews about a couple of other companies was not even published and still hasn’t been published. Claim your profile to access Trustpilot’s free business tools and connect with customers. I was impressed with the efficiency and low-cost approach to depositing and withdrawing with WorldTradex.
- Therefore, it is doubtful that the ‘WorldTradex scam’ is a correct evaluation of the our activities.
- WorldTradex Markets Cyprus Ltd is an investment firm registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) using the domain WorldTradex.eu.
- FPA, prevents customers writing genuine reviews on companies having a business relationship with FPA.
- Funds can only be transferred to the original payment method used for deposits, ensuring that only you can access your funds.
- WorldTradex offers educational resources such as platform tutorial videos, academic articles, webinars, a trading glossary, and a demo account for hands-on learning.
Detailed Table of Regulatory Authorities
I felt that when I was passed to human agents on live chat it was hit and miss as basic questions were not answered, while other times they were. WorldTradex offers the basic options when it comes to funding your account through traditional methods and some crypto options. The broker offers reasonable times to process your deposit and withdrawals.
Customer Service
You can develop EAs to 100% automate your strategy from analysis to execution, or set up risk management EAs to manage your risk on open positions automatically. I was curious to know why they offer this as other brokers are not so generous when it comes to absorbing the swap costs. WorldTradex said that offering swap-free accounts aligns with its business goal of serving a global clientele. One of WorldTradex’s impressive features I found was the no swap fees on all of its accounts. This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks. The other feature I liked was that you do not pay swap fees on your CFD positions, saving you money should you keep your trades open longer than 24 hours.
There is a strong trader focus to the platform backed by very high-quality industry-standard research and learning services coupled with a strong in-house copy trading facility. The pushback comes from the more limited number of instruments a user can trade on this platform. However, this should not detract from what WorldTradexFX is, as a convenient, efficient, cost-effective trading proposition, that is attracting a number of third-party industry awards. WorldTradex offers 35 forex pairs and 230 tradeable symbols, which is below the industry average of 3,623 symbols.
WorldTradex Review 2025 – Forex Broker ECN, Online Forex Trading, Stock Trading
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. We generate income through various methods, which helps us convey facts transparently and not write biased content due to “broker sponsorships,” “commissions from financial companies,” and “advertisements.” Dear Regan Patowary,We’re truly sorry to hear about your experience, and we understand how frustrating this situation must be for you.
WorldTradexFx is a good broker.
Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with WorldTradex vs. similar brokers. WorldTradex is primarily a MetaTrader broker, offering the suite of platforms from MetaQuotes Software Corporation, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Yes, WorldTradex provides a copy trading feature that allows traders to replicate the trades of successful traders and diversify their trading portfolio. Usually, WorldTradex understands the value of customized leverage choices since they let traders to maximize their tactics throughout several asset types. Discover the might of leverage at WorldTradex and elevate your trading. WorldTradex offers three various account models to fit various trading needs and preferences.
- For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status.
- With its tailored insights and performance tracking capabilities, it offers valuable assistance to traders of any level.
- I prefer seeing a broker regulated by multiple authorities, especially local regulators where clients are accepted such as CySEC.
- WorldTradex offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.
- WorldTradexVision is an AI-powered tool that helps traders improve their performance by offering personalized analysis and feedback on their trading behavior.
By the end of this review, you should clearly understand whether WorldTradex is the right choice for https://worldtradex.world/ your trading needs. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following.
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The only traditional method available was Mastercard (debit card) which I used to fund my account and was instantly applied to my trading account after making my deposit. Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4. For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks. Out of the options available, I think MT5 is the best option with WorldTradex as it has the most technical features while also offering all of the broker’s financial products. This is the first time I’ve seen swap-free accounts for all traders, regardless of location and beliefs, making WorldTradex a truly low-cost broker by avoiding these fees. I opened an MT5 Trading Account to test the broker’s trading conditions and I was impressed with the spreads WorldTradex supplied.
Before starting actual investments, this Forex practice ground lets you learn the hints of the trading platform and understand the dynamics of the Forex market. Opening an account with WorldTradex is done online with a few simple steps which enable you to set up a real or demo account. The process also gives you plenty of information about trading in forex markets. At WorldTradex, it’s not what you trade but how you trade it that matters.
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