These tools empower traders with the knowledge and insights necessary to navigate the complexities of the financial markets. Whether traders are seeking to improve their trading skills, stay updated on market events, or expand their trading strategies, worldtradex offers a comprehensive suite of resources to meet their needs. Hello Owen B.,Thank you for your positive feedback! We’re dedicated to providing our clients with a wide range of educational materials, and we’re thrilled to hear that you have found them helpful. We believe that education is a crucial aspect of successful trading, and we’re here to support you in your journey.

This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. 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. This ensures that worldtradex’s investments are available on both desktop and mobile platforms, making it convenient for traders to access the markets wherever they are.

Have a question? Ask to get answers from the worldtradex staff and other customers.

worldtradex is a trade name of Tradeco Limited, which is authorized and 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 is still a relatively new broker, having been established just a couple of years ago. Hence, the company is still working on developing a strong brand name that is trusted internationally. It is currently licensed and regulated by a single regulatory body – the FSA of Seychelles, which requires brokers to ensure segregated funds and negative balance protection.

Companies on Trustpilot can’t offer incentives or pay to hide any reviews. worldtradex is a Seychelles CFD broker that was founded in 2021. 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. I tested worldtradex’s transparency by checking the availability of essential information on the website. Its Client Agreement is easily accessible and pretty exhaustive.

Floating spreads, old MT4, not much of crypto… If you can get used to the service, it’s not actually bad. I gave them a second chance, not judging the book by its cover. Issues with the withdrawals and slippages, I haven’t seen such.

How do I know I can trust these reviews about worldtradex?

Everything is transparent, they don’t set hidden requirements unlike other brokers where I needed to trade more than 100 lots before withdrawing my profits. worldtradex’s deposit and withdrawal options align with the offerings of many other brokers in the industry. Credit/debit cards, e-wallets, and bank transfers are common choices among brokers. 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. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.

We are always trying to improve our website and experiences for our customers.worldtradex ⚡️Empowering traders. Hello Archil G.,We are so grateful that you took the time to write this excellent review! The MT4 app’s interface is clean and neat by itself, I get it.

Is worldtradex good for beginners?

worldtradex offers commission-free trading and above-average floating spreads. Its overnight fees are average for the broader industry. The broker does not charge deposits and withdrawals but has issued an inactivity fee. worldtradex works with multiple payment services to provide its clients with maximum flexibility. Deposits can be made via bank wire, credit or debit card, e-wallets, or crypto wallets.

Hi Cameron W.,We are so glad to see that you are satisfied with our worldtradex platform! We appreciate it and will make sure to let our Product Team know.worldtradex ⚡️Empowering traders. This broker follows some outdated rules of trading.

  • That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand.
  • Unfortunately, there is no database of past webinars.
  • Customer support is readily available 24/7 if any issue arises and are very supportiveI love my encounter and I recommend for every newtrader like me.
  • 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.
  • Established in 2021, worldtradex is an emerging CFD broker based and regulated in Seychelles, serving traders globally.
  • Here, we’ll delve into worldtradex’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms.

Comisiones de trading de worldtradex

My tests indicate that worldtradex’s trading fees exceed the industry average. Such a full-sized EURUSD position usually costs around $10. Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000. Brokers operate multiple entities because it allows them to serve clients worldwide.

✨ We are always working to improve our customer service, and we’re glad to hear that you’ve had such a great experience with us.worldtradex ⚡️Empowering traders. Dear Razan Mosstafa,Thank you for providing the requested information. We want to let you know that your case has been directed to our Complaint Department. Should you have any additional details or questions in the meantime, please don’t hesitate to share them.Thank you for your patience and trust in us.Best Regards,
worldtradex ⚡️Empowering traders. However, it’s essential to recognize that while worldtradex’s range of investments is extensive, it may not have as many exotic or niche assets compared to some other specialized brokers. Traders with highly specific investment preferences might find more tailored options elsewhere.

worldtradex Main Features

  • I have been in financial markets for a while and I would not call myself a noob.
  • In my estimation, worldtradex’s most useful type of educational content is its webinars.
  • Its podcast and LiveTV feature are two excellent examples of this, giving traders a unique perspective on currently evolving trading opportunities and market developments.
  • This caters to the needs of speculative traders looking to exploit sudden outbursts of volatility in the price action.

The offering is well-balanced and suitable for the execution of multiple trading strategies. Each of these platforms caters to different trading styles and preferences. Traders can choose the platform that aligns best with their specific trading needs and devices. I consider the Standard account as the most accessible option due to its minimum deposit requirement of $100 (when there are no accompanying bonuses). However, the combination of commission-free trading and floating spreads from 1.8 pips exceeds the industry average. The Privilege account, as the name suggests, features the most favorable trading conditions, but the minimum deposit requirement is quite elevated.

At the time of Worldtradex cheating my review, there were 5 upcoming webinars, all in Arabic. I quite appreciated that there is detailed personal info about market experts who lead the webinars. worldtradex offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself alongside your live CFD account. Most deposit and withdrawal requests are processed by worldtradex within 24 hours.