Traders can choose from several account types, including Standard, Premium, VIP, and STP/ECN accounts, each designed for different trading strategies and levels of experience. worldtradex offers several types of live and demo accounts, which means that traders can test the various features and functions of the different accounts without investing real money. Once they try the demo versions of the accounts, they can register an actual trading account. There are several different types they can choose from – accounts are either Live or STP/ECN. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

Platforms

With numerous educational resources, worldtradex is ideal for beginners looking to enhance their trading skills. Moreover, Traders can trust worldtradex due to its regulation by respected authorities like the FCA. Not only do they communicate digitally with their customers, they are present around the globe. At the point of writing this worldtradex review, they have offices on Cyprus, in London, Sydney and Johannesburg – all the places where they have regulation. But that is not all, via the phone they can be reached in many more countries – for free. This is a good way to profit from the cryptocurrency’s volatility since with CFDs one can trade when the price is falling.

We have over 20 years of experience when it comes to trading online so we know what to look for. worldtradex offers a comprehensive range of educational resources through its School Tab, making it a valuable asset for traders seeking to enhance their skills. With options like courses, seminars, webinars, and podcasts, traders of all levels can benefit from expert insights and knowledge. Yes, the educational resources at worldtradex cater to traders of all levels, from beginners to advanced, ensuring everyone can find valuable information to improve their trading. worldtradex offers a variety of trusted deposit options, including Debit/Credit Cards, Neteller, FasaPay, Perfect Money, and more.

worldtradex processes payments in several different currencies and deposits in any other currency would be converted into the base currency of the client account. Accounts can be registered in USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, and HUF. The broker does not charge any fees for deposits and withdrawals and the minimum deposit than can be made is $250, although that varies, depending on the type of trading account one opens.

The Micro Account is ideal for beginners due to its low minimum deposit of $100, making it accessible for traders with smaller capital. If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on. Plus, this is an excellent tool for exploring other markets than the one you are focused on. worldtradex uses standard security features to keep clients’ personal information secure, including website encryption. worldtradex recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels.

Trading is conducted 24 hours a day, except during the weekends, offering great flexibility to traders. Due to the high volume, liquidity, and leveraged positions, Forex provides great speculative opportunities and is preferred by many traders. Clients across Europe and the UK are offered two types of protection – segregated client bank accounts and financial compensation if worldtradex fails to pay its customers. In the UK, the Financial Services Compensation Scheme (FSCS) guarantees compensation of up to £85,000, while in Cyprus, the Investor Compensation Fund covers up to €20,000.

• We do not provide financial advice, offer or make solicitation of any investments.
• worldtradex offers CFDs on popular indices, including DAX, S&P 500, Nasdaq, Dow Jones, Euro Stoxx 50, FTSE 100, France CAC40, and many more.
• With numerous educational resources, worldtradex is ideal for beginners looking to enhance their trading skills.
• The worldtradex Premium Account is designed for more experienced traders, offering enhanced trading conditions with a minimum deposit of $1,000.

Introducing Broker

Overall, the availability of multiple deposit methods enhances the trading experience, while the focus on secure withdrawals adds an extra layer of reliability for clients. worldtradex stands out as a leading broker, offering a comprehensive selection of over 500 trading instruments across multiple asset classes. With competitive trading conditions, expert market insights, and user-friendly platforms, traders of all levels can find significant opportunities to enhance their trading strategies. worldtradex offers a variety of trading accounts tailored to meet diverse trading needs and styles.

Firstrade Review

Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. The minimum deposit at worldtradex starts at $100 for the Micro Account, with higher tiers like Premium and VIP requiring larger deposits of $1,000 and $10,000. worldtradex also offers the Cent account with which clients can start with fewer funds and smaller lot sizes.

With the Premium account, I enjoyed faster trade execution and improved order management. Traders must ensure they execute risk management to avoid magnified losses. worldtradex offers negative balance protection, meaning traders can never lose more than their deposits. The software is considered one of the best in the industry, especially for forex trading.

Review Methodology

• If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all.
• They give you convenient access to a generous range of trading instruments across multiple markets.
• If you are looking for the smallest possible spreads (starting from 0 pips), then you may consider the zero spread accounts.
• The broker provides you with top class global customer support in over 30 different languages.

This can be vital if there is a scenario where there is some major market news that I need to try and capitalise on. If that was the case, I wouldn’t want to be waiting around for days whilst a bank transfer clears. The minimum deposit to open an account is $100, allowing both beginners and experienced traders to get started with a manageable investment.

AutoTrade lets you automatically “mirror” or copy another trader’s transactions who then gets paid a small part of the dealing spread. When it comes to forex trading, worldtradex offers access to an impressive range of 120 currency pairs. The broker allows you to trade all major pairs and crosses, as well as some minor and exotic pairs. You will find that they have an excellent variety of convenient deposit and withdrawal methods to meet everyone’s needs. Some clients may find the online payment processors more convenient and faster. I personally use digital wallets as they allow me to move my funds around faster.

You can trade forex in lot sizes as small as 0.01, and the broker supports MetaTrader 4 (MT4), which is the most popular platform among retail forex traders. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks.

Yes, worldtradex has hosted various trading competitions in the past, showcasing high prize pools and rewards for top traders. By following recommended security practices and staying alert to potential scams, traders can enhance their protection against unauthorized access. In case you have 2 worldtradex accounts, you can actually move money from one to the other, also, just by entering the client portal and activating internal transfers.

These include telephone, live chat and an email contact form with staff available on a 24/5 basis during the trading week. Over the weekend, you can leave a message for when support resumes, as shown below. There may be fees charged when using certain payment methods but I generally found them to be negligible. Of course, if you are moving large amounts then you might notice more of a difference. Trading accounts can be opened in a generous range of currencies which are USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Customer Reviews

You can access these resources by visiting the worldtradex School Tab on their website, where all educational materials are organized for easy navigation. worldtradex also prioritizes security through account segregation, negative balance protection, and investor protection schemes. Under FCA regulations, worldtradex includes the FSCS insurance, but with them, each client is insured up to £1,000,000 in the unlikely event of the company running into liquidity or solvency problems. However it’s important to note that this review focuses specifically on worldtradex offered by Notesco Limited and registered in Bermuda.

If you want to run your platforms 24/7, the worldtradex VPS is another fantastic tool they provide. Low spreads and high-leverage options make worldtradex attractive for active traders. Furthermore, while worldtradex offers many benefits, mixed reviews about customer support indicate that potential clients should weigh this aspect carefully.

Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed Worldtradex courses scam using one account across all trading platforms. worldtradex is a relatively small FX and CFD broker but it offers its clients access to global markets, various trading instruments, and average spreads. It is licensed by some of the largest and most respected regulatory bodies in the world and it does offer trader fund protection. It also allows multiple account management and free VPS hosting to those who deposit at least $5,000.