Its educational content is thoughtfully designed to cater to traders of all experience levels. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits Worldtradex reviews a trader generates from winning positions but also the losses incurred from failed trades.

What do you think about the quality of educational materials which worldtradex provides for customers?

• So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy.
• Traders can deposit funds into their accounts via a wide range of payment methods, including traditional options such as bank wire and credit/debit cards.
• In the UK, the Financial Services Compensation Scheme (FSCS) guarantees compensation of up to £85,000, while in Cyprus, the Investor Compensation Fund covers up to €20,000.
• The lack of trading in equities and options besides the share CFDs might disappoint stock and options traders, although worldtradex might be suitable for traders who only want to trade in these markets.

To add your worldtradex account to MT4, you have to first ‘Register’ with the broker by filling out some basic info like your name, country, base currency and your preferred password. Once the download is complete, log in by choosing ‘Open a new account,’ select worldtradex, and enter your MT4 username and password that you received in the worldtradex welcome email. Broker now has a global presence with offices in more than 60 countries and customers in over 180 countries that it supports in 45 different languages. Right now, trading feels like the only way to earn, with markets dropping so much. This platform is stable and support has been helpful every time I have reached out.

Is worldtradex Regulated?

These e-books cover a wide range of topics, from understanding market mechanics to developing effective trading strategies. Traders can download these resources and refer to them at their convenience, building a strong foundation in trading knowledge at their own pace. worldtradex provides a wide range of deposit and withdrawal methods, including bank wires, credit/debit cards, e-wallets, and local payment solutions. However, certain payment methods may have geographic restrictions, but the worldtradex back office will display only the available options for each trader’s location. worldtradex provides the industry-leading MetaTrader 4 (MT4) platform, favored for its advanced algorithmic trading capabilities and user-friendly interface.

While MT4 remains the core offering, worldtradex has announced that MetaTrader 5 (MT5) will be available soon, further expanding trading options for its clients. TradeCopier allows you to replicate top-performing traders’ techniques in real-time. If you are new to trading or just don’t have the time to follow the markets, this is an excellent way to get started. With worldtradex’s TradeCopier, you may begin replicating trades of other traders, gaining access to their knowledge, and expanding your own portfolio. Just remember, there are no guarantees on how good or bad trading signals will perform. Without the need for extra software, both beginners and expert traders may access hand-picked forex trading strategies, follow proven techniques, and diversify their trading portfolio.

What types of bonuses are available at worldtradex?

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 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. worldtradex offers a variety of account types to cater to different trading needs, from beginners to experienced traders. With flexible leverage options and competitive spreads, traders can select the account that best suits their trading style.

• worldtradex offers multiple account types including Standard, Premium, VIP, and STP/ECN accounts, each designed to cater to different trading needs.
• Client security is an important component of the group’s concept, with client funds stored in segregated accounts, in compliance with tight regulations.
• Beginners may prefer the Standard account as it requires a lower minimum deposit and offers no commissions.
• While these bonuses cannot be withdrawn, they provide great incentives to get started and explore new strategies.
• The “Intraday Comment” section had a single 18-month old entry about the Eurozone.

What funding options does worldtradex offer?

It’s been a wonderful one year trading here and it’s always felt very peaceful and smooth. When you initially register, you can only follow one Strategy Provider; however, you can subsequently follow other Strategy Providers using the TradeCopier platform as well. worldtradex also prioritizes security through account segregation, negative balance protection, and investor protection schemes.

🛡️Regulated and trusted by the FCA and the FSCA.🛡️2700 new traders chose this broker in the last 90 days.🛡️Available for global Traders. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself. Broker research materials have been neglected, generating the biggest black mark in our review. The free worldtradex Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format.

The articles are regularly updated to reflect current market conditions and trends. You can look to improve your trading and get some inspiration with some FX trading strategies provided by the broker free of charge. A mix of proven and well-established trading techniques must be followed to manage risks, which is required for successful forex trading. Both novice and experienced traders will be able to create, test, and reflect on their trading methods. If you are an experienced and successful trader, you may opt to become a Provider on TradeCopier.

For instance, it has 3 types of charts, namely bars, Japanese candlesticks, and broken line, but it features only 30 of the most popular technical indicators. The broker offers CFDs on several commodities, including Brent Crude and West Texas Intermediate (WTI) oil. We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice.

By following recommended security practices and staying alert to potential scams, traders can enhance their protection against unauthorized access. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.

Official website has an easy-to-read format with links to all the basic areas you might find useful or have questions about. In addition to a helpful FAQ and some educational material, the website offers the latest market news and in-house expert analysis, as does its free mobile research app. The main usability issue is with the lack of communication between worldtradex’s CFD and cryptocurrency trading platforms. Broker also allows you to use third party trading robots and automate your own trading plan, which you can implement using MT4. Traders can deposit funds into their accounts via a wide range of payment methods, including traditional options such as bank wire and credit/debit cards. While credit card deposits are usually instant, transfers via bank wire may take up to 3 working days to appear in the trading account of the client.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.

They also offer the free worldtradex Research app, which has no trading functions. Metatrader 5 adds important features lacking in the older version but retains frustrating aspects of this industry-standard software, including weak customization and limited conditional orders. The lack of two-factor authentication in both Metatrader versions adds a security hole that needs to be fixed. worldtradex offers Metatrader 4 and 5 but no dedicated or proprietary trading platform.

Also, worldtradex does not charge withdrawal fees, but your bank or payment portal could levy a fee. The tier-I regulators in Europe and the UK ensure that the broker’s retail clients receive low leverage, negative balance protection and investor compensation against defaults. In addition, worldtradex offers expert fundamental and technical analysis, as well as a news feed and a good selection of video tutorials and written educational material. You can even get a free VPN server to make running automated Expert Advisors (EAs) safer during overnight sessions and other unattended times.

Unfortunately, that’s the only research product available at the site, other than a single “Week Ahead” video and no video archive. A YouTube search uncovered additional videos that haven’t been integrated into the site but the most recent content was more than two months old. There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD).