In over 96% of cases, our queries were processed to the point of satisfaction on the first interaction. We would also support the site’s claim that full resolution was achieved within three minutes. The MetaTrader platforms are well known for facilitating copy trading and developing trading forums. Clients of worldtradex are able to engage in the Expert Advisor and MQL5 areas of the MetaTrader site.
The videos are supported on YouTube, and much of the content is archived. worldtradex offers 5 crypto markets like bitcoin, ethereum and litecoin — this is Worldtradex courses scam a limited range. On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high. The in-house worldtradex copy trading function is a welcome addition to the suite of services. It offers the pricing and execution experience of a no-frills broker but complements this with a range of additional services such as top-quality learning resources and copy trading options.
However, some traders have expressed a desire for more in-depth assistance, indicating room for improvement. However, while customer service is generally praised, there have been rare reports of traders desiring more thorough instructions. When testing worldtradexFX’s customer support, we found that worldtradexFX excels, an aspect of the Forex and CFD trading industry that cannot be overlooked. Furthermore, Emirati traders have complete control over the withdrawal of their accrued rebates based on the withdrawal options available. A 5% loyalty bonus and a point-based system that adds 1% to the earned rebate round out the program’s dual-benefit structure. Rebates are credited directly into traders’ accounts weekly, providing maximum convenience.
worldtradex extends three types of trading accounts to suit diverse user needs – the Micro (MT4), Pro (MT5), and the worldtradexTrader account. All three account types, beneficial for both beginners and professionals, provide fair and competitive conditions. The platform is also customizable and offers lots of features that truly satisfy traders. The multiple trading platform offering brings a charming image of the worldtradexFX to light. Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, worldtradex’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches.
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. However, while worldtradexFX has generally been praised for its competitive spreads and variety of leverage options, it is important to note that sporadic technical issues have been reported, albeit infrequently. Emirati traders who use the MT4, MT5, and worldtradexTrader platforms are eligible for cashback rebates. Most worldtradexFX customers have reported prompt and helpful responses from the company’s customer support team.
This feature gives users the opportunity to automatically copy leading traders and learn different trading strategies from them. Clients can, on creating and funding an account, find, follow and copy these leading traders at will. Although worldtradexFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. worldtradexFx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data. This broker charges no fees on currency conversion during deposits and withdrawals.
For people looking for a sophisticated trading experience, worldtradex’s MT5 platform offers a strong and flexible trading alternative overall. The company currently has a proprietary trading platform known as worldtradexTrader. Furthermore, worldtradexFx has an easy-to-use app which is also available on Android and IOS devices. This app allows users to enjoy a smooth trading experience and keep track of executed orders from anywhere. worldtradexfx’s low minimum deposit requirements allow everyone to easily trade.
Traders frequently commend the platform for its competitive spreads and fast execution speeds, crucial features that can significantly impact your trading performance. The account opening process of the broker is straightforward and can be continued if accidentally stopped. Clients are, however, not allowed to withdraw from their accounts unless the account is verified.
That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It's worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. From among the trading systems known as "Master Traders" to copy on worldtradex's Copytrading app, there are 1,390 newcomers, 986 growing talent, 703 high achievers, 360 experts, and 223 legends. These labels denote some milestone that the Master Traders have reached, although their performance and results can vary. worldtradex does have a proprietary mobile app for trading, as well as for social copy trading (the worldtradex Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. In a nutshell, without EKYC, you can never use the worldtradexFX web trading platform except for a demo account that can be accessed with an email id only.
Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. worldtradex is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). worldtradex holds just one Tier-1 license and one Tier-2 license, resulting in a grade of "Average Risk" within the ForexBrokers.com Trust Score rating system.
You’ll get to know about all these deals and offers once you pay a visit to their official website. Still, the provided tradable instruments are famous with an attractive margin. For instance- the Meta Trader 4 Micro account allows you to trade 28 Currency Pairs, 4 Stock Indices, 3 Cryptocurrencies, and 2 Metals. Thus, you’ll never be facing any issues while funding your account or withdrawing payment. Now, let’s put light on the most critical thing, the commission, and fees that worldtradexFX charge from you.
Even though the price changes are small, they add up over the course of the day—smaller profit opportunities are easier to catch than the larger ones. This is also a good risk management strategy, as it doesn't involve taking on big risks in the hope of huge profits. You can develop your own set of rules for trade entries and exits with the help of automated trading robots (Expert Advisors), which help avoid instinctual blunders while trading.
worldtradex broker offers three account types available at International porposal that also define trading conditions by the platform that is used for trading itself. Conditions are also based on enityt, as EU account offering is different. The fact that worldtradex offers an almost institutional-grade trading experience doesn’t mean beginner traders are in any way disadvantaged.
For those reasons, our team here at Investingoal is happy to recommend worldtradexFX as a top choice for scalping. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to worldtradexFX. Opening an account with worldtradex is a relatively straightforward process.
Here the broker makes a special fixed exchange rate of 1 USD to 10,000 IDR available that can help traders combat currency volatility. The deposit methods available to you when trading with worldtradexFX will depend on where you live, but wire transfers, major credit/debit cards, and eWallets such as Skrill are typically available worldwide. This account type is a great starter account, though at the moment is not available to EU traders. Still as a trader, you can bank on the legitimacy and security provided by CySEC regulation. We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, worldtradexFX would be a top choice.
The cTrader account is not far off but is limited to 28 forex pairs and 2 metals markets but offers a differential by being a commission-based account. We conducted our worldtradexFX broker review to look at the background of the broker and the broker platform trading tools. We compared worldtradexFX using our multi-pointed approach to look at trading styles, markets, trading tools, trader charts how the worldtradexFX fees compared to other stock trading, CFD and forex brokers. Likewise, Mauritius is considered Tier-4, as per our Trust Score algorithm. The security of your funds – in terms of regulatory protection – will depend on which worldtradex entity holds your account, and which, if any, relevant regulations provide customer protections. It's worth noting that worldtradex's primary execution venue is one of its own entities in St. Lucia.
These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with the oil commodities only being available to trade through MT5. In some places, you will also be allowed to make deposits through Bitcoin. In terms of the time it takes, wire transfers can take 3-7 business days to complete, while the other deposit methods are all typically instant. worldtradexFX doesn’t charge traders any commission for holding an order overnight.
