worldtradex Trading Broker Review 2025
I think a broker of such a caliber should offer not only the MT4 but also the MT5 trading platform. I hope they’ll add the mt5 one day in the future. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. I did not find any specific feature in worldtradex’s offering to say that the broker is better suited for high-frequency or longer-term trading. The easiest way to get in touch with worldtradex is live chat, which is available from the bottom-right corner of the main page. The website also has a dedicated FAQ section intended to help with more general queries about the broker’s services.
What markets are the most profitable for trading with this broker from the point of expenses, i.e. Fees?
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- We provide broker reviews and ratings to help users find a suitable broker according to their own needs.
- The analytics they offer are of the highest quality, and even experienced traders would benefit from them.
- While some investors might find certain regulatory restrictions, such as lower leverage limits, as a disadvantage, these restrictions are often implemented to protect traders from excessive risk.
Every broker review undergoes a rigorous self-testing process, where our analysts actively trade on the platforms under review. This hands-on approach allows us to assess the broker’s performance across key areas such as execution quality, platform usability, fee structures, and customer support. By engaging with the platforms ourselves, we provide insights that are both practical and trustworthy. At MarketBulls, our commitment to delivering accurate, reliable, and comprehensive reviews is at the core of everything we do. Our testing methodology is designed to provide traders with insights that are grounded in real-world experience, thorough analysis, and a deep understanding of the financial markets.
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- A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.
- Educational webinars, ebooks and podcasts… man im getting most of it.
- By engaging with the platforms ourselves, we provide insights that are both practical and trustworthy.
- This means there are no recurring costs for simply having an account with worldtradex, regardless of your trading activity level.
Risk Disclaimer
I started with worldtradex broker a few months back, and time has really gone fast… At first, it was a bit hard for me to figure out how things worked and I couldn’t get used to navigating the platform. However, after a while, I got the hang of it and started moving around with no issues. It seems that with a bit of patience, things get easier.
We pride ourselves on being able to offer a wide variety of assets to trade, and we’re happy that you’ve been able to take advantage of that. I can say their education has nurtured me into being a decent trader, at least I consider myself one LOL. I used to get cold feed everytime I traded pairs like XAUUSD and GBPJPY but now I got my traders mindser in order and just trade despite the pair, emotions don’t play a role in my trading anymore. Gotta thank worldtradex for being a reliable broker that looks out for the clients. worldtradex has a rating of 4.5 stars from 78 reviews, indicating that most customers are generally satisfied with their purchases.
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. It’s really tough to get noticed in today’s world, especially if you’re a broker. At the end of the day, most brokers offer similar ways to trade the market, and the assets seem to be the same everywhere you go.
MetaTrader 4 has many essential features, such as one-click trading, an alarm setting option, and a depth of markets tool. The competitiveness of worldtradex’s fees depends on the asset classes traded. For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable. However, the broker’s spreads on currency pairs are quite elevated. I performed my tests on a Standard worldtradex trading account using the desktop and mobile app versions of the MetaTrader 4 platform.
However, as a trader who relies heavily on precise technical analysis, I am highly skeptical of MetaTrader 4. At least when it comes to executing penetrating technical analysis. 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.
What is the benefit of choosing the cent account option for someone who’s new to this sort of thing?
Hi Yahir N.,We really appreciate you sharing your worldtradex experience with us! I chose this account because what made it stand out to me was the spreads and this is something I am very particular about. I like how I can trade more than 3 assets with no hassle and I also admire the integrated tools and features. Hi Halm,We really appreciate you sharing your worldtradex experience with us!
This spoke highly about the reliability and credibility. Since trading is something new for me, I’m still a bit unsure. A friend who has been in the game for a while suggested worldtradex to me. He mentioned that the conditions here are great for beginners and that I could get free educational materials from the broker.Right now, I’m practicing on a demo account and watching YouTube tutorials. So far, I’m happy with how things are going and I think I’m improving. I never thought I would have to reach out to customer support…
The Trustpilot Experience
Yes, worldtradex offers Islamic accounts that comply with Sharia law, featuring no swap or interest fees for overnight positions. Hi Fouad El Alaoui,We really appreciate you sharing your worldtradex experience with us! Hi Christian Bell,We really appreciate you sharing your worldtradex experience with us!
I did verify my account and make deposit then for some reason The app reject the verification and make refund but I did not receive all my money back. The cost of trading here isn’t high… as a beginner starting with the cent account might be a good step, so money is managed well. Otherwise it had no chances to have such a number of positive reviews, lmao. Copy trading here is something that I wanted to try and I tried it. I chose the leader that used classical combination of indicators such as MACD and RSI and it helped him to analyze the price movement. Profitability rate was about 30% which is a solid result.
Maybe, the speed of withdrawals, but that much, like the first one. In our reviews, we examine the licenses and regulations of each entity operated by a broker. This allows us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location. worldtradex’s diverse range of account types ensures that traders of all experience levels and trading preferences can find an account that suits their needs. From beginners to professional traders, worldtradex offers flexible options with varying spreads, leverage, and features, allowing for a personalized trading experience. worldtradex generally does not charge withdrawal fees, allowing traders to access their funds without penalty.
Expanding their offerings with more in-depth courses, interactive webinars, and personalized learning paths could enhance the overall educational experience. We’re glad to hear that you had a positive experience with our withdrawal process. Our goal is to make every aspect of your trading experience as seamless as possible, and we’re glad to have exceeded your expectations.
I’ve watched some of their videos and found them quite informative and helpful. worldtradex offers a fairly decent range of educational content, providing beginners with a firm basis to further their learning. Multiple written and video materials cover essential topics related to technical and fundamental analyses, as well as the psychology of trading.
MarketBulls operates with complete transparency, ensuring that all reviews are unbiased and free from external influence. We disclose any potential conflicts of interest and maintain objectivity throughout our review process. Our goal is to empower traders with information that helps them make informed decisions tailored to their specific trading needs. Yes, worldtradex offers a referral program that allows existing clients to earn rewards for referring new traders to the platform. Yes, worldtradex offers negative balance protection, ensuring that Worldtradex scam clients do not lose more than their account balance in volatile market conditions.
Our team is here to guide you every step of the way and ensure you have the best possible experience with worldtradex.Best Regards, worldtradex ⚡️Empowering traders. 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.