worldtradex is a versatile choice for traders since it presents a good range of over 300 trading instruments across several asset classes, yet the range is consistant of mainly most popular and volatile instruments. For a wider selection of products with thousands of instruments we would advise selecct other Broker then. However, traders may be charged third-party processing fees—which worldtradex has no influence over. Furthermore, although worldtradex does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion.
How to open an Affiliate Account with worldtradexFX
- The broker’s website, worldtradexfx.com, has over 12 million trading accounts opened by clients from all over the world.
- Their user-friendly platform and thorough market analysis have made navigating the financial markets effortless.
- Meeting certain trading volume requirements allows participants to win exciting rewards like exclusive trips, laptops, or smartphones through random selections.
- Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
- Customer service is highly responsive, with one drawback being that there is no phone support.
- worldtradex offers all of the major classes of trading instruments, but the range of instruments in each class is slightly below the industry average.
worldtradex allows revenue share, where copiers only pay a fee on profitable trades or fixed revenue per lot, where a trading charge applies irrelevant to the outcome. Copiers may use the filter to evaluate the Master Traders most suitable based on the commission structure. I like the cost savings at worldtradex for traders who keep leveraged positions open for multiple trading days. The cost savings for a 1 standard lot EUR/USD position can amount to $60+. worldtradex has recently improved its pricing environment, and I rank the overall trading costs among the best industry-wide, and there is no inactivity fee or currency conversion cost.
As a beginner trader, it’s essential to know the variety of instruments available to trade. worldtradexFX provides a wide range of trading instruments, including forex, commodities, and cryptocurrencies, making it easy for traders to diversify their portfolios. Emirati traders can avail themselves of the “50% Deposit Bonus” offered by worldtradexFX, which provides a bonus of 50% of their deposits. This added value may be utilized for trading purposes, allowing traders to fortify their positions and enhance Worldtradex reviews strategies accordingly. Upon fulfilling specific volume requisites, the bonus funds become withdrawable, thereby bolstering overall trading resources significantly. Overall, worldtradexFX can be summarized as a trustworthy and regulated Forex Broker with competitive trading fees.
Log in to your worldtradexFX account, go to the “Withdrawal” section, select your preferred https://worldtradex.pro/ payment method, enter the withdrawal amount, and follow the instructions. worldtradexFX’s VPS, free for all account holders, provides a secure and dedicated virtual server in a highly secure data center. No, the bank account must be in the account holder’s name and registered worldtradexFX trader. Open trades must be closed before account termination can be finalized. Yes, you can have both types of accounts open simultaneously with worldtradexFX.
You can use bank transfers, credit/debit cards, and various e-wallets to deposit funds. The spreads and terms of worldtradexFX protect against swaps on major instruments such as EUR/USD, NASDAQ, Bitcoin, etc. worldtradexFX charges mark-up on spreads, which covers worldtradexFX’s cost for facilitating the trade. Any remaining balance will typically be returned to you using the available withdrawal methods.
worldtradex MT5 platform app defaults
At worldtradex, it’s not what you trade but how you trade it that matters. The firm looks set to continue to meet that challenge and provide its clients with a top-quality trading experience. worldtradex has made significant progress in a relatively short period of time. Since entering a very competitive market eight years ago, it has built up a client base of almost one million traders and won a host of industry awards.
worldtradex is indeed more appealing and more widely offering various attractive tools and proposals on International trading therefore Broker is better for International traders. worldtradex International is useful since it provides a complete learning center, including webinars, videos, and articles, also various research and promotional tools are appealing too. With versatile accounts and a hassle-free setup process, worldtradexFX offers an inclusive trading environment suitable for traders worldwide. worldtradex does not charge fees for deposits or withdrawals, nor does it impose commissions on trades. One of the standout features of worldtradex is that it does not charge swap fees. Positions held overnight are not subject to fees, whether positive or negative, which is a distinctive aspect of worldtradex.
Are there any limits to claiming the bonus?
Negative balance protection is a policy that some brokers offer but should be considered by all. It is a way to safeguard a client’s capital and is another way to make new traders feel at ease when trading for the first time. worldtradex has an entire page dedicated to this policy, and they offer it to all their clients on all the available accounts. This section includes details of the basic operations of the financial markets.
Are there any fees for deposits or withdrawals?
- Traders should consider both the protections offered by these licenses and the geographical limitations.
- worldtradex states that the firm is in full compliance with international legislation and regulation standards, and guarantees funds security and negative balance protection (NBP) to its clients.
- The seamless execution of trades combined with clear market insights allows me to navigate the markets confidently.
- Copiers may copy trades in full or proportionally to their trading balance versus the Master Trader.
- Traders must first create a Copier account and deposit funds into their Wallet.
- However, while worldtradexFX has generally been praised for its competitive spreads and variety of leverage options, it is important to note that sporadic technical issues have been reported, albeit infrequently.
Use our comparison tool to compare two brokers based on their trust rating, costs, features, platforms and many other aspects. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We ensure transparency by incorporating regulator data and user insights.
worldtradexFX Safety and Security
Yes, worldtradex uses SSL encryption to protect personal and financial data, making sure that sensitive information remains secure and inaccessible to unauthorized parties. For Visa transactions, worldtradex uses 3D Secure authentication for extra protection. The platform’s technical infrastructure is continuously monitored to prevent data breaches or technical issues.
Overall, the worldtradexFX Affiliate Program and its ancillary options provide traders with a comprehensive suite of opportunities to capitalize on their networks and expertise. worldtradexFX also launched worldtradexTrader, a proprietary web platform designed to provide essential trading functionality simply. Another point to consider is worldtradexFX’s advantage in market research, as it provides slightly higher quality content in its Market Insights section. The regions in which worldtradex are not allowed to operate include the USA, Canada, Belgium, the UK, and other jurisdictions outside the European Union.
I like that worldtradex offers several cryptocurrencies, but I am missing more third-party payment processors and localized options, especially for its core markets. worldtradex offers traders the out-of-the-box MT4/MT5 trading platforms and upgrades the trading experience with the Autochartist Pro plugin. MT4 remains the market leader for algorithmic trading and is the most versatile trading platform with 25,000 custom indicators, plugins, and EAs. With demo accounts, the ability to trade in micro-lots, copy trading, and strong educational resources, I rate worldtradex as a suitable broker for beginners.
Customer service is vital in the trading industry, we are pleased to hear worldtradex is providing you with this. Great to read that worldtradex platform is providing all the tools you require – Thank you for the review. We are so thrilled to hear that worldtradex’s platform is providing great tools for your decision making. Their platform is intuitive and their market insights are detailed.
Our Customer Support team is always here to assist you.Kind regards,worldtradex Rep. Dear Lucas Masopoga,Thank you for such a high rating and for sharing your feedback with our worldtradex Trading platform. We are delighted to know that our customers are having a good experience with our Customer Service team. You can get in touch with us via live chat or email at if you have any additional questions.