All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. 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. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Traders should note that while leverage can magnify profits, it also increases the potential for losses. It is essential to use risk management strategies to avoid large losses when trading with high leverage. Log in to your worldtradexFX account, go to the “Withdrawal” section, select your preferred payment method, enter the withdrawal amount, and follow the instructions.
Dear Dennis Duya Capulong, Thank you for sharing your experience with worldtradex! We are delighted to hear that you find our platform straightforward and easy to use. Dear Jaidin Bin Mading, Thank you for your feedback and for choosing worldtradex as your trading platform.
For clients within the EEA and South Africa, the CySEC and FSCA licenses mean that worldtradex https://worldtradex.world/ is bound by laws that prioritize their security and interests. Clients are able to trade multiple assets that include forex, stocks, crypto, indices, and commodities in the form of CFDs. The platforms that clients can use to trade include MT4 and MT 5, along with worldtradex’s proprietary web terminal and mobile app, worldtradexTrader. They have a good reputation, have accumulated numerous awards, and have thousands of positive reviews from clients and other broker review sites. We are going to take a look at this broker in detail to see what features and services are on offer, how good they are, and if you should consider them as a broker, you would want to use.
MetaTrader 5 Account
No, account verification is required before you can begin trading. Yes, worldtradexFX requires identity and credential verification before activating an account. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts. However, it’s important to note that some of the products we discuss are from our partners.
worldtradexFX Deposit and Withdrawal Fees
The availability of these payment methods may also depend on your country of residence. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), worldtradex’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers.
However, when compared to research leaders IG, Saxo, and CMC Markets, worldtradex has room to enhance its research offering. For instance, I found that the content on the worldtradex Blog is not updated daily across all categories. worldtradex has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers. In addition, worldtradex boasts no slippage on 97.5% of its executed orders, and no overnight carry costs, yet has restrictions in place that can hinder high-frequency traders.
- Dear Andrew Esmeralda Fulgencio, Thank you for your positive feedback and for appreciating our competitive spreads.
- Remember that for opening a live account with all brokers, you will need to fill in and provide personal information and documentation for verification at some point.
- Before making financial decisions, we urge you to conduct thorough research, exercise personal judgment, and consult with professionals.
Popular Forex Guides
We are delighted to know that our customers are having a good experience using our platform. We shall strive harder to provide the best user experience to our customers. If you have any additional questions, you can contact us via live chat or email at We are always available to help.Kind regards,worldtradex Rep. This worldtradex review aims to give a clear view of the broker and its services. We hope, with these insights, anyone interested in worldtradex trading opportunities could decide whether to invest in them or not.
What Type of Broker is worldtradex?
The cTrader trading platform is designed specially for electronic communication networks ECNs, and offers direct STP access to currency trading markets. STP (Straight-through processing) is basically done through electronic transfers. With cTrader, users can trade directly with prominent banks globally. It has no restrictions on Stop/Limit levels and allows users to perform multiple functions like reverse, double or close all positions in one click. CTrader has a desktop version, and is also available in apps for android and iOS.
worldtradexFX is an international broker that provides a variety of trading options for both novice and experienced Forex traders. worldtradexFX has integrated platforms such as MetaTrader, which provides a no-frills, low-cost trading experience, focusing on transparency and favorable trading conditions. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world https://worldtradex.club/ of providers and financial product offerings. worldtradexFX is a good ECN DMA broker choice and great for scalping, hedging, and autotrading.
Another point to consider is worldtradexFX’s advantage in market research, as it provides slightly higher quality content in its Market Insights section. worldtradex offers a range of trading opportunitites mostly targeted on Contracts for Difference (CFDs) among several asset classes, however there is no classsic Investment Plans or Opportunitites provided by worldtradexFX. Overall, we advise to check conditions based on worldtradex entity you wish too trade through.
Risk Level
Affiliates can earn up to 50% of worldtradexFX’s revenue share under the terms of the agreement. The cashback rebate program returns a percentage of the trading spread, subject to conditions such as trading volume. Yes, worldtradexFX provides a variety of risk management tools, such as stop-loss and take-profit levels. Yet, if you still prefer to use high leverage, the international entity of worldtradex Leverage still allows so.