worldtradex offers bank wires, credit/debit cards, Skrill, Neteller, UnionPay, and cryptocurrencies. Only the Bermuda subsidiary supports them, while all others have fewer options. All financial transactions occur in the secure back office of worldtradex, Myworldtradex. The deposit and withdrawal options offered by the St. Vincent and Grenadines subsidiary are the best, while others offer limited choices. Since 2010, worldtradex has received 35 industry awards from well-respected sources. It confirms their commitment to continue investing and improving their trading environment and maintaining a competitive edge for its clients.
Please do not try to put your money on…
There are also no withdrawal fees for credit or debit card transfers, but bank wire withdrawals incur a fee of 40 USD. For deposits between $300 and $4,999, the referrer gets a $100 bonus, which doubles to $200 for deposits from $5,000. The referee must trade 200 or 500 contracts, respectively, within 90 days, making it a challenging low-payout bonus to receive.
In addition, worldtradex offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. Since worldtradex houses a prime brokerage unit, research and education are available for all clients. Besides an incredibly detailed economic calendar and third-party market news, worldtradex Plus provides traders with exclusive trading signals free of charge for all live account holders. The Market Scanner allows traders to select a series of technical indicators and returns buy and sell recommendations based on the input. worldtradex also added services by FinTech firm eFXplus, featuring simulation and Forex trading recommendations by sell-side analysts from major banks, Quant models, and insights. worldtradex is suitable for various types of traders, ranging from beginners to experienced ones.
Their foundations are typically rooted in technical and fundamental analysis, or as a hybrid of both methodologies. Novice and experienced traders alike frequently look to trading signals for guidance on whether to buy or sell in the live market. worldtradex offers forex signals applicable to 40 individual currency pairs. No matter if you are trading the majors, minors, crosses, or select exotics, you will never be without fresh trade ideas. The worldtradex Plus Exclusive Trading Signals service is free for Live Accounts, or available courtesy of a complementary 14-day trial. Trading signals can be used in isolation or as a complement to nearly any strategy.
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Account Types
worldtradex in the UK is regulated by the Financial Conduct Authority, while their subsidiary companies in Australia and South Africa are regulated by authorities in their own countries. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Verification can help ensure real people are writing the reviews you read on Trustpilot.
- Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices.
- worldtradex does trail industry leaders when it comes to market access, but it remains a strong contender for both beginners and experienced traders.
- Overall, at 13 USD per lot traded, worldtradex’s trading costs are higher than the industry average.
- All trading platforms fully support algorithmic trading, and worldtradex provides four free APIs to developers on top of a wide selection of third-party plugins.
For these reasons, I rate Trading Station highly among the dozens of proprietary platforms I have tested. These amounts are the absolute maximum leverage on offer, but they may vary according to the asset traded, with more volatile assets generally providing lower amounts of leverage. The broker’s commodity list includes gold and silver as well as energies and a few soft commodities, while the Euro-Bund Futures Index is also available to trade. While not a deal breaker, there is an inactivity fee charged to dormant accounts after 12 months of inactivity.
worldtradex Review 2025
These insights and summaries can be accessed through the worldtradex website, trading platforms, or through specialized research tools provided by worldtradex. We have evaluated more than 400 forex brokers and worldtradex scores well when it comes https://worldtradex.club/ to trading fees. As well as priority support, market depth is stronger with multiple levels of liquidity at each price, offering useful information for high-frequency traders. worldtradex Market Data offers powerful insights to help you find potential trading opportunities.
For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. The number of tradable assets available is quite limited when compared to other brokers who offer thousands of assets, such as IG. I also found them not to have the lowest spreads which may be an issue if you are scalping. The worldtradex economic calendar lists the global economic events that affect the prices of trading instruments. You can search for events and compare analysts’ consensus with previous records.
ForexBrokers.com 2025 Annual Awards
Client funds with worldtradex LTD are segregated according to FCA client money rules. This means that in the unlikely event of default, client funds held in segregated accounts are protected and cannot be used to benefit other creditors. Additionally, the FCA maintains records of all formal proceedings against regulated entities, offering transparency and increased investor protection. The broker cut its fees in 2022, offering reductions of up to 54% on some forex assets and indices.
This is the fastest way to fund credit accounts as deposits are instant. Good Forex brokers for beginners will help their clients get started. Additionally, this section has an introduction to the Trading Station platform on both desktop and mobile. Since this platform is unique to worldtradex, new clients will find these videos very useful.
Trading and Investment Tools
This means that Indians with bank accounts denominated in INR will have to pay currency conversion fees on deposits and withdrawals. Currency conversion fees can make trading expensive and affect profitability. worldtradex may appeal to high-volume traders who appreciate a wide platform choice and an extensive suite of advanced trading tools. However, its fixed leverage, high trading costs, high currency conversion fees, and high interest rates may deter some traders. With its wide range of available platforms and deep offering of trading tools, worldtradex has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, worldtradex has plenty of options.
The broker also rejects cheques and funds transferred from exchange houses. Accounts can be opened in a good selection of currencies including USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. The excellent range of trading platforms already come fully loaded with more trading tools than most of you will ever need access to. There is everything you need for conducting detailed market analysing and managing trades effectively.
Clients trading a variable minimum monthly, can also enhance security further https://worldtradex.world/ by registering for a virtual private server. worldtradex also have offices in a variety of global locations, including Berlin and Sydney. Leucadia Investments is a part of the Jefferies Financial Group merchant banking organisation.