For EUR/USD, the real (not marketing) spread for me its almost always 1 pip, on the dot, for my account type. For BTCUSD, its usually below $70, which is actually less than 0.13%, very good for crypto. For CHFSGD, which I’m a big fan off, my spread with worldtradex is typically pips, its actually very small for this pair. Even on H1 you can see that daily moves are way beyond this spread.
Does worldtradex offer a demo account?
One of the most frequent complaints about worldtradex Broker revolves around its withdrawal process. Although the platform advertises fast withdrawals, some users experience significant delays. These delays are often due to issues related to account verification or additional documentation requirements. worldtradex forex broker’s head office is located in Limassol, Cyprus, a city known for its thriving financial sector and attractive tax regime.
worldtradex Trading Experience Score
worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message. They provide support 24 hours a day from Monday to Friday and 18 hours over the weekend via email, phone, and chat. Our overall experience trading on worldtradex has been positive, with consistently fast execution on trades. worldtradex is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others. This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries.
Once completed, worldtradex users can download the trading platform of their choice. worldtradex MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi.You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability.worldtradex MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
How does worldtradex make money?
worldtradex offer educational resources which include Podcasts, Live Trading Education, Educational Videos, Webinars, Video Tutorials. Please bear in mind that these resources provided by worldtradex do not guarantee any results when trading. When we checked on the worldtradex website, these educational resources were not available in every language.
How to open worldtradex Demo Account?
- These licenses testify to the company’s strict compliance with international standards and regulatory requirements.
- MT4 and MT5 apps also offer great charting with 3 Chart Types, over 30 technical indicators in their package, and a full trading history journal.
- Additionally, extra services such as copy trading, contests, VPS, and a loyalty program enrich the trading experience and meet the diverse needs of traders.
- The educational section at worldtradex is very insightful for new traders as it permits them to get a closer look at the financial markets.
- Traders can keep their accounts open without worrying about any ongoing costs, which is beneficial for those who may not trade regularly but want to keep their accounts active.
- Unlike ActivTrades, which provides professional accounts with benefits like higher leverage, reduced stop-out levels, and dedicated account managers, worldtradex caters primarily to a broader range of traders.
Stocks, currency and other commodities and instruments will be brought or sold by worldtradex even if no buyer or seller is lined up. Withdrawing money from worldtradex processing time varies depending on the method but averages 1-5 days. Please note that the list of payment methods below depends on the worldtradex Entity and the client’s Country of Residence. After extensive research over several years, we have compiled a list of the most effective worldtradex alternatives available today. If you are unsatisfied with worldtradex or want to explore other options, we recommend checking out our carefully curated list of highly-rated worldtradex alternatives. Follow the links below to learn more about these worldtradex broker alternatives and choose the one that best suits your trading needs.
- worldtradex provides robust investor protection measures in line with the requirements of its regulators.
- Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features.
- In these cases, you are spending a spread, financing speed, or a commission.
- These tools are lively and suitable for both the new and seasoned traders.
- worldtradex is a forex and CFD broker that provides online trading services globally.
Features
At worldtradex, we take all withdrawal requests seriously, and we strive to process them as quickly as possible. Please note that withdrawal processing times can vary depending on the payment method used and banking procedures. We understand your frustration, and we want to resolve this matter for you. Kindly provide us with your account details so we can locate your transaction, investigate the issue, and offer you a proper update. We assure you that worldtradex is a regulated and trusted broker that has been serving millions of traders for over a decade.
All BrokerNotes content is researched, fact-checked, and edited by the research team. Founded in 2009, worldtradex Group has established itself as https://worldtradex.world/ a prominent player in the forex and CFD trading industry. It is regulated by several major authorities, ensuring a secure trading environment. Our research indicates that worldtradex Group is a highly recommended choice for forex and CFD trading.
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Operating since 2009, worldtradex is a reputable broker known for its Forex and CFD trading offerings. Under control of several agencies, including ASIC and CySEC, worldtradex guarantees a safe trading environment, also is a reputable firm operating for many years with excellent ranking and reviews from traders.
