Is worldtradex a Scam? Detailed worldtradex Review Updated for 2025

I rate worldtradex’s customer service as top-notch in terms of responsiveness and speed. The multilingual support team responded very quickly to my queries over live chat, never taking more than 30 minutes to get back to me. I also find the FAQs section on the website a useful way to solve basic queries. Having tested hundreds of forex brokers, I feel that the worldtradex’s education section is fairly average, with a decent range of materials available but nothing that stands out.

This broker has a great platform that…

Traders of all levels can deepen their knowledge https://worldtradex.club/ through a variety of educational resources. Daily technical analysis is updated on the website with the latest information and a successful retest of the next momentum. worldtradex is registered in Vanuatu with registration number and regulated by the VFSC and CySEC. worldtradex is also registered in 26 European Union countries under the Markets in Financial Instruments Directive (MiFID).

worldtradex Withdrawal Fees

This CFD trade has a 100% increase in the funds initially committed. It’s important to note that worldtradex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps worldtradex maintain a trustworthy financial environment for its 10,000 users. Detailed information on the worldtradex trading platforms is available on their website. MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

worldtradex is nice broker and they helped me…

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, worldtradex leverage magnifies both profits and losses in trading. Autochartist on the worldtradex platform is a powerful tool designed to help traders find trading opportunities quickly and easily. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store. worldtradex customers have instant access to the financial market and can completely manage a Portfolio on the go.

• Between 74-89% of retail investor accounts lose money when trading CFDs.
• Yes, it is possible to have a profitable strategy when trading with worldtradex, which offers the reliable MetaTrader 4 platform and plenty of analysis to support forex trading.
• I rate worldtradex’s customer service as top-notch in terms of responsiveness and speed.
• You will be exposed to a high risk of loss regarding leverage and margin-based trading.
• However, for better transparency, we recommend signing up with a European entity.

worldtradex is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of worldtradex going into insolvency. worldtradex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like worldtradex to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for worldtradex traders. You can sign up for a demo account to acquaint yourself with worldtradex platform.

When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

I find worldtradex’s in-house forex market hours tool a handy way to check holidays and other events that could impact trading hours. I am satisfied with worldtradex’s forex research offering, which includes a blog with regular articles and posts highlighting promising opportunities as well as general tips on trading. worldtradex uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. Islamic traders will also be pleased that a swap-free account is available upon request.

I like worldtradex’s floating spread pricing model, which rivals the cheapest zero-commission brokers that I have reviewed. Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with worldtradex simple for beginners. It is important to note that worldtradex may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the worldtradex platform and features immediately. However, you must pass the verification process to start live trading with worldtradex, which can take up to a few business days. However, remember that you won’t be able to make trades on worldtradex until you have passed compliance, which may take several days, depending on your circumstances.

The worldtradex team did resolve and answer our queries, but the email support from worldtradex was overall average compared to other brokers we have tested. In addition, we tested worldtradex support services in various countries and languages and found that worldtradex were able to effectively resolve our customer issues. Our team tested the live chat support of worldtradex and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all. Explore the worldtradex platform and train yourself to think systematically and logically about the markets.

As a regulated broker, worldtradex cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by worldtradex. Instead, your worldtradex funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with worldtradex. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors’ deposits. worldtradex has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument. Stocks, currency and other commodities and instruments will be brought or sold by worldtradex even if no buyer or seller is lined up. Withdrawing money from worldtradex processing time varies depending on the method but averages 1-5 days. While it may be a new skill set https://worldtradex.world/ for some, it is what the market requires for success.

It’s essential to note that the trading instruments offered under the worldtradex brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the worldtradex trading instruments available and the regulations governing them based on your account holder, location, and chosen platform. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee. As a trader, you should feel confident that your financial investments are in good hands with worldtradex.