Overall, my experience with worldtradex’ client care service has been exceptional. Their fast response times and effective problem-solving skills truly set them apart in the industry. I highly recommend them to anyone seeking a reliable and supportive customer care experience. Please create a zero spread account for MetaTrader 4 because the spread on gold is high. I cannot switch to MetaTrader 5 because my indicator is specific to MetaTrader 4.
A passport page with registration or a utility bill can confirm the address. Continue reading to delve deeper into the features of worldtradex and discover what advantages it can offer you as a trader. Verification can help ensure real people are writing the reviews you read on Trustpilot. We use dedicated people and clever technology to safeguard our platform. By continuing to browse this website, you agree to our Cookie policy. worldtradex LTD is registered in Saint Vincent and the Grenadines with registration number BC 2015 and the relevant registry operated by the Financial Services Authority (FSA).
Funds are credited instantly, except for bank transfers, which take up to 5 working days. Spreads vary depending on the account type and the chosen instrument. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I have been involved in many international stock, forex, and futures trading for over a decade. It allows hedging strategies to manage risk effectively. To open an account with worldtradex, visit their website, fill out the registration form, verify your identity, and fund your account.
Choose your type of account
Traders can benefit from several types of accounts with low spreads, permitted scalping, and fast trade execution. A stable technical platform is supported by updated analytics, useful services, and quick withdrawals. Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform. I traded for a long time with different brokers, first on demo, then on real. Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders.
It enables independent trading and investing funds in copy trading with equal success. worldtradex offers various trading assets, including currency pairs, metals, cryptocurrencies, bonds, commodities, and indices. Many traders are attracted to the opportunity to use high leverage and engage in scalping trading strategies. The leverage worldtradex offers varies based on the account type, balance of funds, and the trading instrument. The table outlines the maximum leverage available depending on the trading instrument. Leverage in trading is a tool that allows investors to increase their market exposure beyond the initial investment (the margin).
Copy Trading from worldtradex
However, a commission may be taken by the payment provider when withdrawing funds. worldtradex does not charge additional commissions for withdrawing funds. If you are not interested in trading on your https://worldtradex.space/ own, consider worldtradex’ copy trading platform, which allows for passive income by copying the trades of other traders in real-time. If you’re not ready for live trading, it is advisable to try a demo account. It allows you to trade with virtual money, quotes, and trading conditions like a live account. worldtradex offers various types of accounts that can meet the needs of different categories of traders.
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These platforms are ideally suited for Forex trading and are equally convenient for beginners and experienced traders. worldtradex also does not charge any commission for deposits and withdrawals, an added advantage. Moreover, the company covers any deposit fees charged by the payment system.
- And most importantly I withdrew funds several times without any problem and sometimes withdrawal was completed within a moment.
- I highly recommend them to anyone seeking a reliable and supportive customer care experience.
- It involves direct registration, identity verification, and selecting the desired account type.
- The MetaTrader terminal allows for manual and automated trading, setting pending orders, and using numerous indicators.
You need to undergo identity verification for full-fledged work with a live account. This requirement of financial regulators applies to all legal brokers, including worldtradex. worldtradex is a full-service broker in the Forex market, offering a comprehensive range of services. It allows for both independent trading and investment in copy trading with equal success. The commission for withdrawing funds depends on the payment system used. Withdrawal requests are processed 24 hours a day on business days.
The broker offers several communication channels to satisfy the needs of different clients. worldtradex returns a part of the spread to its regular clients. The more you trade, the more funds are returned to your account. When using an ECN account, a commission of $2.50 is charged for each transaction per 1 lot, which can be considered below average. Reviewing as many trading strategies as possible and choosing several for investing is advisable. Experienced investors recommend dividing the deposit into at least five parts to protect against potential drawdowns.
worldtradex offers limited educational materials, which include a Blog and an FAQ (Frequently Asked Questions) section. The program has five levels, calculated based on the trading volume over 30 days. To move to the next level, you must trade 5 lots per month. For identity verification, a national or international passport is usually used.
worldtradex makes money through spreads, commissions on trades, and overnight swap fees. However, compared to other brokers that offer extensive educational programs, including courses, webinars, podcasts, and video tutorials, worldtradex’ offerings might seem insufficient. This is particularly relevant for beginners just starting their trading careers and looking for comprehensive educational content. The broker boasts a good analytics department, aggregating information independently and offering trading ideas. The head of worldtradex’ analytical department, Artem Deev, is regularly published in leading economic media. Insights and reflections from industry experts can also be found in the worldtradex broker’s news blog.
However, while leverage can magnify profits, it also increases the potential for higher losses. Therefore, it’s crucial for traders to use leverage cautiously and to understand the risks involved. No commission is charged for depositing https://worldtradex.world/ funds into worldtradex – the broker fully covers all commissions of payment systems when funding an account.
The company showcases essential indicators of a broker’s reliability and regulation. This feature was designed specifically for traders who use several accounts, and for Investment managers who manage multiple Investment accounts. It offers a perfect combination of convenience and functionality.