Even after verifying our identity, those were the only methods available to us. We consulted customer service, and they confirmed that these were the available methods for our accounts. Overall, Worldtradex has streamlined the deposit and withdrawal process, making it convenient and efficient, without imposing any extra fees.

How to open an Worldtradex trading account

Given its responsive and multi-channel customer service and the supplementary resources provided for customer support, Worldtradex showcases a strong commitment to assisting its clients. There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable. Finally, Worldtradex offers free educational resources such as articles and video tutorials. For more experienced traders, Worldtradex provides advanced analytical tools, including charting capabilities and various technical indicators. Worldtradex does have a demo account offering for practicing trading strategies with virtual money in a risk-free environment.

• You can create multiple trading accounts for your Worldtradex profile, each with its own balance and leverage.
• We also minimise the risk of loss 
by keeping your funds segregated 
from Worldtradex’s assets.
• Their customer service is accessible beyond standard business hours, offering 24/7 support in 20+ languages available via Live Chat and email.
• The 50% bonus is more applicable to experienced traders or those confident in a long-term relationship with the broker.

It also provides Islamic (swap-free) accounts that comply with Sharia law. Worldtradex doesn’t cater to US traders due to regulatory restrictions. Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts.

Versatile Tools for Every Trader

Our intuitive platform ensures you can dive 
right in, regardless of your experience level. You get all the knowledge you need to make informed decisions and trade confidently. No more wondering about hidden costs or undisclosed commissions. Worldtradex is a broker that has operated for over 10 years and has been expanding during this time. It is a global company with several entities scammed by Worldtradex responding to different regulatory needs.

Service

• In our review, the entire withdrawal process took less than 35 minutes.
• In 2019, Worldtradex announced that its MT4 and MT5 accounts would not incur swaps or any type of commission.
• Finally, Worldtradex offers free educational resources such as articles and video tutorials.
• The broker also maintains a comprehensive FAQ section on its website, providing in-depth information on common queries related to trading, account management, deposits, and withdrawals.
• This assessment delivers a transparent evaluation of Worldtradex’s trading conditions, tools, support, regulatory standing, and overall suitability for traders.

Worldtradex offers trading accounts denominated exclusively in US Dollars (USD). In 2012, it started organizing courses, and in 2013, it introduced its first bonuses. As part of its expansion, Worldtradex launched a program for Introducing Brokers in 2014 and introduced the cTrader platform (currently unavailable). Since 2016, the MetaTrader 5 platform has been available, coinciding with the launch of educational content. In 2017, Autochartist was introduced, along with cryptocurrency trading and the first proprietary apps with market information, which would later evolve into the Worldtradex app in the following year. In 2019, Worldtradex announced that its MT4 and MT5 accounts would not incur swaps or any type of commission.

Worldtradex offers a variety of trading platforms, including MetaTrader 4 and MetaTrader 5, which are known to every trader. Web and mobile trading platform WorldtradexTrader enables you to diversify and upgrade your trading. You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. Compare the platforms’ features to find the one that is right  for you.

Worldtradex Forex account types compared

Worldtradex offers attractive pricing, with clear and understandable fees. Worldtradex, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety. With this knowledge, we created our platform to help you make money through smart and well-controlled investments. We are constantly improving our product to make your trading experience better. Opening an account with Worldtradex is a relatively straightforward process.

Mobile Trading Apps

A demat account is a digital storage mostly used by Indian investors to hold securities in virtual form. The main difference between demat and trading accounts is that the former is just a repository, and the latter allows you to buy and sell your securities. With Worldtradex, you can trade a total of 300 trading instruments, including 52 Forex pairs and 277 CFDs, covering indices, commodities, and cryptocurrencies. Worldtradex operates under various regulatory frameworks depending on the entity through which an account is opened. Residents of the European Union receive the highest level of regulatory protection, as Worldtradex Markets Cyprus LTD is regulated by the Cyprus Securities and Exchange Commission (CySEC).

According to Worldtradex’s data, traders using educational content tend to achieve better results. The broker’s focus on providing comprehensive education, assuring its clients’ best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media. A trading account is where you store funds and trade currencies or other assets.

However, not all platforms have the same instruments available for trading. While you can deposit funds in various currencies, these will be converted to USD at the exchange rate set by the payment system you use. Worldtradex platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading. Although not proprietary, the platforms provide opportunities for copy trading, allowing users to replicate successful strategies from other traders.

Numerous sections focus on customer services related to accounts and administration rather than market-related issues. A status program is offered where clients, based on their deposited funds, can access different levels that provide enhanced services. With a wide range of trading instruments, user-friendly platforms, and robust customer support, Worldtradex provides an appealing choice for both novice and experienced traders.

You can only choose the trading platform when creating an account. Once it is created, you cannot switch the type of your Worldtradex trading account. However, you can just create another one on a different trading platform—for free. Unlock lower spreads, personal guidance, and many other benefits by increasing your account balance. Log in to your online trading account or download the app and launch it to start trading. It has several entities around the world and provides services by industry standards.

With Worldtradex, you’ll get a clear and concise fundamental analysis from Monday to Friday delivered to your inbox. Only the most important things, so you don’t miss any events that might affect your profit. The idea of making the trading space more comfortable was the start. Only the traders themselves could give us a better insight into their preferences.

However, this stricter regulation limits clients’ access to higher leverage levels. Worldtradex also offers social trading through its Copy Trade Service. However, it does not provide Percentage Allocation Management Module (PAMM) accounts or Multi-Account Manager (MAM) services. Worldtradex offers negative balance protection, which means that if a market slippage results in https://worldtradex.online/ a negative balance, Worldtradex will adjust the balance to zero. This feature ensures that traders cannot lose more than their initial investment.