

Worldtradex’s leverage structure, https://worldtradex.biz/ combined withrobust risk management tools, enables traders to optimize their tradingstrategies while controlling their exposure to risk. Yes, Worldtradex offers cryptocurrency CFDs, allowing traders to speculate on various digital asset price movements without owning the underlying cryptocurrencies. The minimum deposit at Worldtradex is as low as $5, making it accessible to traders of all levels. It offers traders real-time data to compare prices and select the best trading pairs. Worldtradex aims to process withdrawal requests within 24 hours, but the time taken for funds to reach a traders account depends on the chosen method. E-wallet withdrawals are typically completed within the same day, while bank transfers and debit card withdrawals may take between two to five business days.
It’s a big investment, and sometimes, it just doesn’t make financial sense for them. Nobody does more to provide you with what you need to maximise your trading potential. Worldtradex has also really put the effort in when it comes to Research and Education.
One more alternative option is TD Ameritrade, which is a well-known US-based broker offering forex trading services. They provide access to a powerful trading platform and a wide range of educational resources to help traders make informed decisions. TD Ameritrade is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). One popular alternative option is Forex.com, a reputable broker that offers a user-friendly trading platform, competitive spreads, and a wide range of currency pairs to trade.
It is crucial for US residents to adhere to the guidelines set by their local financial authorities when seeking a suitable broker for their trading needs. The decision to exclude US clients from its services is a result of the strict regulatory framework imposed by the US financial authorities. Worldtradex broker, like many other international brokers, is not registered with the US Securities and Exchange Commission (SEC) and does not have the required licenses to operate in the US market. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. One strong point is that Worldtradex extends negative balance protection to all its clients, not just the EU clients that it is required to by law. This means that traders cannot lose more money than they put into their account and is excellent for beginners especially.
Yes, Worldtradex offers free demo accounts with virtual funds, allowing traders to practice in a risk-free environment. Worldtradex provides traders with a secure and convenient way to manage their funds, offering a wide range of deposit and withdrawal methods to cater to clients worldwide. The broker aims to streamline the transaction process, ensuring that traders can deposit and withdraw their funds with ease. The Worldtradex Copy Trading platform offers a seamless way to follow and execute trades in real time.
This regulation does not permit non-US brokers to operate and onboard clients from the US. So, if you are a US forex trader considering Worldtradex, you should choose alternatives. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience.
The spreads are not the best you can find, but trading costs can be reduced with the zero spread account. All brokers want you to keep trading, and when a trading account lies dormant, they may start to charging inactivity fees. These need to be measured by how long your account can lie dormant before being charged a fee, and, secondly, by how high the fee is. We believe that Worldtradex scores poorly on the length of the dormant period allowed, but scores well on cost.
We offer a superior trading environment that puts traders in the best position to profit. The Learning Centre hub is another area of the site for traders to learn their craft. We are impressed with the selection of educational videos, platform tutorial videos, whilst the Worldtradex Live video feed is a service you will very rarely see with rival brokers. It is up to the individual trader to decide how comfortable they are trading with a dealing desk broker. Upon reviewing the broker’s selection of supported markets, we noticed a lack of ETFs, options, and bonds.
All Worldtradex scam deposits via credit/card and e-payment options clear into your account instantly. There are 100 to choose from and are all major US, UK and German companies. This is an impressive selection of stock CFDs and is beyond the offering of most brokers.
We consider six months or sooner to be bad, whilst 18 months and above is generous. The following table shows how Worldtradex measures up against some of its rivals across the most widely traded forex pairs. If you are tight for time, here are some of the important features that we like about trading with Worldtradex. With the help of the volume table below, compare the trading volumes of Eightcap vs Worldtradex to see which broker exhibits the highest market activity. Our comparison table below highlights the spread differences between Worldtradex and Pepperstone, helping you choose the better option for your trading needs. To maintain security and compliance, Worldtradex enforces a structured withdrawal hierarchy.
There is no way of knowing how much risk a dealing desk broker such as Worldtradex would take on. There is no way of knowing how often, if at all, Worldtradex trades against its clients. Despite this, MT4 is considered the industry benchmark for platforms and is very popular with retail clients, especially beginners. Brokers that are offering stock CFDs are now also pushing clients on to MT5 (an upgrade on MT4) as stocks are not available on MT4. Depending on the Worldtradex entity traders register with, the broker supports several account options, designed to suit all preferences.
Traders holding positions overnight mayincur swap fees, which are clearly displayed on the trading platform. Worldtradex alsooffers swap-free accounts for traders who follow Islamic finance principles,ensuring compliance with Sharia law. Client funds at Worldtradex are stored insegregated accounts, completely separate from company operations, offeringprotection against any misuse. Furthermore, the broker uses SSL encryption tosafeguard personal and financial data, ensuring a secure trading environmentfor all clients.
This includes precious metals (such as Gold and Silver), agricultural products, industrial metals, and energy products, such as oil and natural gas. Although this selection allows traders to diversify their portfolios, it is somewhat limited, compared to other brokers who offer between 20 and 30 different commodities to trade. Worldtradex supports the widely popular MetaTrader platforms, with options for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across desktop, web, and mobile devices. In addition to these advanced solutions, the broker offers its Worldtradex App, available on the App Store and Google Play. By creating an account with Worldtradex, traders join an award-winning broker, with an enviable track record of industry awards, including for forex brokerage services, platforms, and other accolades. The broker also has a solid presence on social media platforms, with profiles on Facebook, Instagram, X, YouTube, LinkedIn, and Tik Tok.
Some of the more forex focused brokers such as Forex.com and OANDA have closer to 80 forex pairs available. Beginner traders who have done even minimal shopping around for brokers will by now have realised that the MT4 platform is available everywhere. Some of the bigger brokers will offer their proprietary platforms to trade on, whilst others will offer other third-party platforms for variety. Worldtradex generally offers competitive minimum spreads, especially on major pairs like EUR/USD and GBP/USD, but is occasionally outperformed by IG Markets and AvaTrade on some instruments. Traders who are new to the game and are cautiously just finding their feet, may prefer the option of the Micro Account.
Yes, Worldtradex allows scalping strategies, offering fast execution and competitive spreads. Worldtradex offers a variety of account types, including the Micro Account, the Standard Account, the Worldtradex Ultra Low Account, and the Shares Account. Currency conversion fees are applicable when deposits or withdrawals are made in a currency different from the account’s base currency, a common practice across the industry.