Additionally, a good chart should be supplemented by a broad range of technical indicators, drawing tools, and other such instruments to accommodate technical analysis. Automated trading is possible via MetaTrader’s Expert Advisors (EAs) feature. worldtradex provides Virtual Private Server (VPS) hosting to ensure better connection and faster execution for algo trading. Social trading is also available via worldtradex’s ‘AutoTrade’ feature, allowing clients of the broker to choose the best-performing trading strategies.

Customer Support

Please note, some markets may only be available via CFDs or other https://worldtradex.blog/ derivatives. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. The MetaTrader 5 platform is not currently available at worldtradex.

However, they do change over time and vary between countries, so check the current offers available when you sign up. Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. An account manager is available with all of worldtradex’s trading accounts. When we used worldtradex, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. Offers also vary depending on the country you’re signing up from.

Why is it Important to Know Where Your Broker’s Subsidiaries are Regulated?

worldtradex offers eight distinct account types to cater to various trading styles and preferences, with most requiring a minimum deposit of $0, making them highly accessible. Traders can choose between Live and STP/ECN accounts, both providing access to the industry-leading MetaTrader 4 (MT4) platform. Additionally, multiple trading accounts can be registered through the worldtradex Client Portal, allowing for greater flexibility when managing different strategies or products. With over a decade of industry experience and more than 1.5 million clients globally, worldtradex is a well-established broker. It offers a range of safety features, including negative balance protection to shield traders from losses exceeding their deposits. Additionally, the platform employs SSL encryption to secure all transactions and customer data, further enhancing the overall security of trading with worldtradex.

I invested quite a lot of money here

The platform supports both novice and experienced traders with advanced tools, fast execution, and flexible funding options. worldtradex provides an extensive selection of trading instruments across multiple asset classes, ensuring that traders have ample opportunities to diversify their portfolios. With competitive spreads, fast execution, and a trusted trading platform, worldtradex caters to traders https://worldtradex.site/ of all levels, whether you’re focusing on forex, metals, indices, or commodities. The ability to access such a broad range of markets with solid conditions makes worldtradex a strong choice for traders looking to explore the global financial landscape.

  • 75.35% of retail investor accounts lose money when trading CFDs with this provider.
  • We performed our tests on a No Commission account using the MetaTrader 4 desktop platform and its mobile app.
  • Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com.
  • For most accounts, such as the Standard, Premium, and VIP accounts, spreads are floating, with Standard starting at 1.6 pips, and VIP accounts starting at 1.2 pips.
  • Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information.
  • In general, worldtradex’s offering is slightly more competitive than the industry average.

So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy. So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop. So now your withdrawal will be denied as your trading.This just goes on and on. To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit. Yes – worldtradex does offer negative balance protection to all users.

worldtradex offers competitive trading conditions with spreads that vary depending on the account type and market conditions. For most accounts, such as the Standard, Premium, and VIP accounts, spreads are floating, with Standard starting at 1.6 pips, and VIP accounts starting at 1.2 pips. For Standard, Premium, and VIP accounts, there are no commission charges. However, the Live Zero Fixed Spread account does incur commission fees, though it offers zero fixed spreads on major currency pairs.

Payments are processed fairly quickly, and traders can use multiple currencies. I learned that worldtradex does not charge a handling fee on deposits or withdrawals, though there are exceptions. However, any account that has been inactive for 90 days and has an account balance of up to 1 cent of any currency will be achieved.

Overall, I feel that worldtradex are a good choice for anyone looking to trade manually or use an automated trading solution. The broker’s advanced trading platforms, competitive spreads, and risk management tools ensure that traders can trade efficiently and confidently across multiple asset classes. Founded in 2010, worldtradex has grown into a leading Forex and CFD broker, serving over 1.5 million clients from 180 countries. Renowned for offering the trusted MetaTrader 4 (MT4) platform, worldtradex is regulated by top authorities, including the FCA and FSCA. With its headquarters in Cyprus, the broker provides both ECN/STP and Market Maker execution types, catering to traders of all experience levels.

The platform offers a variety of deposit methods, though processing times can vary, with bank wire transfers being the primary method for withdrawals. This system ensures that both your initial deposit and any profits you make are transferred securely, though you should be aware of the withdrawal process timeframes. worldtradex provides Standard, Premium, VIP, and Live Zero Fixed Spread accounts. Each account type caters to different needs, with varying spreads, commission structures, and access to different trading instruments.

Whether you’re trading forex, precious metals, or the stock market, worldtradex offers competitive conditions and tools to help traders succeed. I evaluated worldtradex’s fixed/floating spread and STP/ECN account types across multiple factors and discovered certain important differences. As shown above, the latter tend to have more favorable spreads and commissions.