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. Please take action immediately if you really want to provide an honest service. The secure and user-friendly back office handles all financial transactions for verified traders, and nine payment processors exist. worldtradex supports credit/debit cards, cryptocurrencies, ADVcash, and Perfect Money as payment methods.
Minimum Deposit Requirements
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. worldtradex is well capitalized and their accounts are controlled and verified independently by Ernst & Young, a leading auditing company. The broker also operates under the best industry practices, such as keeping segregated accounts for the funds of its clients. The worldtradex offer, which consisted of the continuous improvement of the product and service offer, has helped her win many awards over the years. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.
How can I start trading with worldtradex?
The automatic stop-out level is at 20%, except for the EXN account, which is at 40%. My review did not uncover malpractice or fraud, and I rank this broker as a legit and safe brokerage with an excellent score for transparency. He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018. The company’s office is in the Cook Islands, where phone support is provided during working hours. The broker’s website publishes fresh analytics from worldtradex and Forex market news. All the relevant information is collected in the “Analytics” section.
Moreover, the company covers any deposit fees charged by the payment https://worldtradex.space/ system. 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.
- In this general overview, we explore the key features and offerings of worldtradex, highlighting why it stands out in the competitive brokerage industry.
- worldtradex offers various types of accounts that can meet the needs of different categories of traders.
- Strategies are set up in the broker’s Client Area, and copying occurs automatically.
- These checks are a standard practice that helps worldtradex maintain a trustworthy financial environment for its 2,000,000 users.
- Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees.
These platforms are ideally suited for Forex trading and are equally convenient for beginners and experienced traders. No commission is charged for depositing funds into worldtradex – the broker fully covers all commissions of payment systems when funding an account. 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 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.
Is my money safe with worldtradex?
Available 24/7, the live chat service is perfect for quick questions, troubleshooting, and immediate help with trading operations. worldtradex offers a straightforward fee structure across all account types, charging no commissions or swaps on any of their accounts. Instead, traders are only required to pay a fixed spread, which varies depending on the instrument and account type. Premium and VIP account holders https://worldtradex.pro/ enjoy lower fixed spreads, making these options especially attractive for high-volume and frequent traders. Standard account holders also benefit from competitive fixed spreads, ensuring that even beginners can trade cost-effectively. This transparent pricing model allows traders to easily understand their costs upfront.
To delete your worldtradex account, you need to contact their customer support and follow the necessary procedures they provide. Furthermore, worldtradex has a particular Telegram bot for customer support, which reflects the broker’s endeavor to keep up with the times and use modern communication methods. User reviews of the worldtradex mobile application are pretty positive. In the overall AppStore rating, the worldtradex app received 4.9 out of 5 possible points, based on 847 reviews.
However, this amount may vary based on the specific account a user has opened. 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. worldtradex is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here. Brokers like worldtradex must disclose any inactivity fees as part of their regulations.
How to Open an worldtradex Account
Minor pairs, such as EUR/GBP and AUD/CAD, provide additional trading opportunities with slightly wider spreads. For those interested in less conventional markets, exotic pairs like USD/ZAR and EUR/TRY are also available. These regulatory bodies impose strict guidelines and standards that worldtradex must follow, ensuring the broker operates with integrity and transparency. While worldtradex may not be regulated by some of the top-tier authorities like the FCA or CySEC, its regulation by IFSC and FSC provides a significant level of oversight and protection for traders.
worldtradex is known for its reliable operations, business stability, and robust client protection policies. Additionally, it undergoes monthly audits by Verify My Trade to ensure top-tier order execution. 🛡️Regulated and trusted by the MISA, FSC, and, the FSA.🛡️1400 new traders chose this broker in the last 90 days.🛡️Available for global Traders. Verification can help ensure real people are writing the reviews you read on Trustpilot. Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
Cryptoasset investing is highly volatile and unregulated in some EU countries. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities. Withdrawing money from worldtradex processing time varies depending on the method but averages 1-5 days.
The broker does not charge any fees for inactivity or deposits, allowing traders to maintain and fund their accounts without worrying about hidden costs. The only fees traders need to consider are the fixed spreads mentioned earlier. However, potential withdrawal fees may apply depending on the withdrawal method chosen, which will be detailed in a separate section. worldtradex prioritizes transparency, and all applicable fees are clearly outlined on their website, ensuring traders are fully informed about any costs before making transactions. Yes, worldtradex is considered safe for traders, thanks to its comprehensive security technologies designed to protect both client funds and personal data.
