If you have experience trading with worldtradex please share your personal review of the broker and what you think are strong and weak points. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. Traders can use the free MT4 download to install the platform on desktop devices, including Mac. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers.
WHAT IS FOREX – A Beginners Guide to Forex Trading
With access to over 500 instruments, worldtradex ensures that traders have numerous options to explore and capitalize on market opportunities. worldtradex actually offers seven different trading accounts, including a swap-free Islamic trading account. These accounts are divided into 2 categories; Live Floating/Live Fixed Accounts and STP/ECN trading accounts.
Withdrawal times range from the same day to seven days, depending on the banking provider. When signing up with worldtradex you are required to provide certain personal information, such as your date of birth, proof of ID and address in order to open a worldtradex account. This is a requirement of financial regulators that worldtradex are monitored by. Typically, you will be required to upload a photo of your identification card to worldtradex in order to pass worldtradex KYC verification. You will need a valid email address and phone number to open a trading account with worldtradex.
Find out how much you need to start trading with worldtradex
- Webinars are suitable for traders at all levels, from novices to seasoned professionals.
- The minimum deposit required by worldtradex depends on the type of account that you choose.
- However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings.
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- Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. The worldtradex group presents clients with two regulated trading entities and Worldtradex review maintains a secure trading environment. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and worldtradex won’t say. 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.
worldtradex Broker Withdrawal Methods
These points can be redeemed for various rewards, such as cashback, trading bonuses, or exclusive gifts. The loyalty program is designed to reward consistent and high-volume traders, providing an additional incentive to remain active in the markets. worldtradex provides a wide range of deposit and withdrawal methods, including bank wires, credit/debit cards, e-wallets, and local payment solutions.
Each account type comes with access to MT4 and MT5 trading platforms and a wide range of assets, providing flexibility for all trading styles. 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.
Can I start trading with a small amount of money on worldtradex?
Yes, worldtradex allows you to open multiple accounts, each with different account types if needed, to match different trading strategies. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. Traders must ensure they execute risk management to avoid magnified losses. worldtradex offers negative balance protection, meaning traders can never lose more than their deposits.
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worldtradex does not charge any deposit fees on its end, meaning traders can fund their accounts without additional costs from the broker. However, it’s essential to note that some payment providers—such as banks or e-wallet services like Skrill and Neteller—may impose their own fees for processing transactions. These charges vary depending on the method used and the provider’s policies. Traders are encouraged to verify potential fees with their payment providers before making a deposit to avoid unexpected costs. worldtradex aims to offer a cost-effective deposit process for all its clients.
Next, contact worldtradex customer support via email or live chat to request account closure. You may be required to submit identification documents for verification purposes before the account can be closed. After verification, worldtradex will process your request and confirm the account closure. Be sure to withdraw any remaining funds before initiating the closure process to avoid delays.
The minimum deposit for the Micro account is $100, for the Premium account is $2,500, and for the VIP account is $20,000. Overall, the minimum deposit for worldtradex varies depending on the type of account you choose, but it starts from as low as $100. It is important to consider your trading goals and financial situation when deciding on the appropriate account type and deposit amount for you. worldtradex offers a loyalty program for active traders, where clients can earn points based on their trading volume.
We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Here is my opinion about trading conditions of this broker and how they correspond to my trading.Company provides quite favorable spreads. And thirdly, broker provides a wide range of financial instruments, including currency pairs. Yes, the minimum deposit requirements vary depending on the type of account you choose.
Tempting trading conditionsHowever, my attention to worldtradex was captivated by its outstanding reputation with traders. Trading according to the market analysis has really helped me increase my profit, for sure worldtradex is really the main deal!! This average customer rating is based on 21 worldtradex customer reviews submitted by our visitors. Compare the https://worldtradex.biz/ markets and instruments offered by worldtradex and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
worldtradex Trading Hours (GMT +
- They are well-researched and written in an easy-to-understand format, making complex trading concepts accessible to traders of all skill levels.
- The broker offers Spanish and Portuguese language support and ensures that traders in Latin America have access to competitive spreads, high leverage, and advanced trading platforms.
- For the Micro Account, the minimum deposit starts at $100, which is ideal for beginner traders or those looking to start with a smaller investment.
- The additional trading features from worldtradex or from more premium trading accounts may help a traders investment strategy.
Each worldtradex trading account is assigned a base currency, which indicates the money that you deposit with the worldtradex trading platform will be held in that particular currency. Some online brokers provide trading accounts like worldtradex in only the four major currencies (US Dollars, British Pounds, Euros, and sometimes Japanese Yen). When moving money to worldtradex there may be a currency conversion fee for worldtradex clients if the base currency of your payment method differs from the base currency of you worldtradex account.
