worldtradex is a forex and CFD broker offering both Standard and Raw account types, all with low spreads and commissions. It also offers Islamic accounts for traders who follow Islamic finance principles. Additionally, worldtradex’ educational resources and responsive customer support enhance the overall trading experience. However, it’s crucial to evaluate your trading goals, risk tolerance, and budget to determine if worldtradex aligns with your specific needs. Conduct thorough research and consider trying their demo account before making a final decision.
80% of retail investor accounts lose money when trading CFDs with this provider. After completing the registration form, worldtradex will require you to verify your identity. You’ll need to provide scanned or photographed copies of identification documents, such as your passport or driver’s license, as well as proof of address, like a utility bill or bank statement. Follow the instructions provided by worldtradex for submitting these documents. Based on our experience exploring worldtradex, we can confidently say that it is one of the most user-friendly brokers with simple account opening procedures. If you are considering joining the worldtradex community, here are the simple steps to setting up an account and getting started.
Additionally, each platform is available on different devices, ranging from mobile apps, to webtrader options, and desktop trading platforms. worldtradex caters to beginners with its standard spreads and no commission structure, and more experienced traders through ECN pricing with raw spreads, offering tailored solutions for every trading level. As you can, worldtradex is extremely well-regulated and look after the needs of their clients no matter what they may be. They have an extensive array of investment products for you to trade, as well as many different trading platforms to choose from. They have a trading course and many different video tutorials covering topics for beginners and advanced traders alike.
From the Traders Hub page, you can read the technical analysis and fundamental analysis given by experts. The complete Iress suite contains Iress ViewPoint, Iress Trader, and Iress Investor (for when you want to do some Direct Market access trading). With this platform, you will get many of the same features that MetaTrader has. You can enjoy access to Traders Edge Tools, the Affiliate Portal, the IB Portal, the Advanced Client portal, and MAM/PAMM accounts. All of these are here so you can choose the one that is most suited for you. Worldtradex official site As a trader, you want to have diversity so you can deploy your strategies properly.
Platform and Tools
There’s also an Iress Investor account, a low-cost option with limited features and no streaming data. It offers free VPS access through BeeksFX as part of its MetaTrader 4 offering, provided you maintain a minimum account balance of $2,000. For serious algorithmic traders, IG provides a competitive package that delivers speed and reliability as well as being rated as the best overall forex broker for 2025. Scalpers, who are in and out of trading positions within seconds, benefit from worldtradex’ fast order execution, averaging 29 milliseconds. The depth-of-market (DOM) features within MetaTrader, and cTrader enables scalpers to see the volume of orders at each price level, providing insight into potential support and resistance levels.
Withdrawal Fee
If you are not sure, feel free to check out our other reviews on the top forex brokers in the world and gain the best insight to make the best choices. The biggest selling point of Iress is that it gives you quotes in real-time for over 10,000 tradable financial instruments. That is a number much higher than any of the brokers in the market can provide.
Average Monthly Branded Searches By Country
This means you can monitor your positions, execute trades, and stay updated on market developments from virtually anywhere. The well-designed interface makes navigation effortless, and you’ll find it easy to manage your account, deposit or withdraw funds, and access educational resources. Based on our experience and worldtradex reviews from users, we give it a 4.7-star rating in this section. This review of worldtradex is grounded in CompareForexBrokers’ rigorous and transparent methodology, as detailed on Our Methodology page. We evaluated worldtradex across multiple critical performance metrics, including trading costs, platform usability, customer service, regulatory compliance, and the breadth of market offerings. Our assessment also considered unique features that set worldtradex apart from competitors.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. These products may not be suitable for everyone and you should ensure that you understand the risks involved. worldtradex prides itself on processing withdrawal requests as soon as possible. Most withdrawals, especially via e-wallets, are instant, while bank transfer withdrawal requests may take up to 24 hours. Versus, comparison pages of alternative online brokers to worldtradex are listed below.
Account Types and Terms
If you’ve been testing an algorithm in a demo account and are ready to go live, even with a small amount of capital, a forex VPS can help ensure your strategy runs uninterrupted. This is especially useful when you want the system to operate 24/5 without relying on your home internet or your computer staying on. Whether used independently or via a broker promotion, BeeksFX is one of the most established forex VPS options and one of the few providers that is publicly listed. Is a regular dad trying to be smart about how we play and win in this big game of life. He has worked within the very best of the financial industry producing numerous training resources.
- Users can access mobile trading at their convenience by using MT4 and MT5 on their iOS and Android devices.
- worldtradex offers competitive no commission spreads, as low as 1.2 pips for the frequently traded EUR/USD forex pair.
- What’s even more appealing is the intuitive design of these platforms, ensuring smooth navigation for traders.
- My test results place worldtradex firmly in the above-average category, showing strength across multiple categories.
Headquartered in Sydney, Australia, the broker supports multiple platforms, including MetaTrader 4, MetaTrader 5, cTrader, TradingView, Iress, and Mottai. Clients have access to thousands of CFDs across forex, indices, commodities, shares, ETFs, bonds, and cryptocurrencies. They have multiple ways for you to fund your account and withdraw for convenience. With a low minimum deposit of 100 AUD, it is easy for any trader to get an account and start trading. From the excellent regulation to the equally excellent platforms, worldtradex aims to be the go-to broker for beginners and advanced traders alike. Most of the things we consider do not matter unless you can afford to trade with a broker and stay profitable.
These apps are designed to provide a seamless trading experience on the go, featuring intuitive interfaces, full trading functionality, and access to real-time market data and analysis tools. worldtradex is committed to providing exceptional customer support to its clients. The broker’s multilingual support team is available 24/5 via email, live chat, and phone to assist traders with any questions or issues they may encounter. When it comes to account types, worldtradex has the ECN and DMA accounts offering competitive spreads and advanced resources for a straightforward forex and stock trading experience. worldtradex also respects unique preferences by offering Islamic accounts, compliant with Sharia law.
Versatile Tools for Every Trader
worldtradex have partner with financial institutions that offer top-tier liquidity. They include HSBC, Goldman Sachs, JP Morgan, and Barclays, among others. worldtradex adheres to stringent capital requirements to ensure that they can meet client payouts and ensure that risk management, financial reports, staff, and external audits, are all done. In addition to this, the funds from clients are kept in segregated accounts.
- You can make deposits to your worldtradex account in a variety of ways.
- MT4 and MT5 are essentially the same, with key differences in features.
- The availability of trading platforms for demo accounts may vary depending on your location, but all users have access to demo versions of MetaTrader 4 and MetaTrader 5.
- worldtradex caters to traders with a robust selection of trading platforms, offering flexibility and user-friendliness across devices.
Yes, based on your detected country of DE, you can open an account with this broker. Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. This setup enables fast, stable VPS access in cities like Sydney, Tokyo, Singapore, Jakarta, Kuala Lumpur, Hong Kong, and even mainland China, including Shanghai and Beijing, bypassing the Great Firewall. I can see how what is written might be interpreted to mean worldtradex Grenada entity might be using a different source of liquidity to their other entities.
