Embark on your registration journey with us and explore the plethora of possibilities to refine your trading strategies and initiate your venture into online trading. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
Inactivity Fee
worldtradex has a single subsidiary – Tradeco Limited – which is authorized in Seychelles by the local regulatory body. According to our system, the FSA Seychelles is a Tier-3 offshore regulator, which mandates compliance with some of the essential safety mechanisms.
Additionally, swap fees are levied on positions that are kept open overnight, but with the availability of a swap-free account option for Islamic traders. To get access to six different asset classes and more than 300 financial instruments with no commission and floating spreads, you must complete the worldtradex registration process. No matter which account you choose, you’ll have access to over 300 tradable instruments across six asset classes.
Discover our full review covering services, signup process, fees, withdrawals, and real user feedback. I conducted my test on 18 December at around 9.50 am CET via live chat. I requested additional information about worldtradex’s execution model, average execution speed, and general trading conditions. An agent connected almost instantaneously to the chat, but they did not introduce themselves. They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities.
- worldtradex provides access to over 300 trading instruments, including forex, commodities, indices, shares, and cryptocurrencies, allowing for diversified trading strategies.
- At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
- In addition, worldtradex charges swap fees if the positions remain open overnight.
- In most cases, payments to and from worldtradex accounts are free of charge, though third-party banking fees may apply.
- To ensure safety and security of client funds, worldtradex keeps client funds in segregated accounts with top-tier banks.
With a deep liquidity pool in futures trading, traders can take large positions without worrying about slippage. worldtradex’s top priority is to ensure security and reliability for their clients as well as offering round-the-clock customer service for quick resolution of traders’ queries. Deposit and withdrawal processes are protected with the latest SSL encryption and other security technologies. As the broker is regulated, clients should complete their KYC that is in line with the Seychelles Financial Services Authority.
Deposit and withdrawal options at worldtradex
worldtradex does not levy any account maintenance fees, which is a significant advantage for traders. This means there are no recurring costs for simply having an account with worldtradex, regardless of your trading activity level. Whether you are actively trading or holding an account for occasional use, you won’t be charged periodic fees just for maintaining an open account.
Yes, introduce new clients and you may receive CPAs up to $750 and bonuses up to $10,000. Here’s a balanced look at the Advantages and disadvantages of trading with the broker. To withdraw money from worldtradex, log in to your account, select the withdrawal option, choose your preferred method, enter the amount, and confirm the request. Some of the partners featured on this site may not be regulated in your country.
Comparison with Other Brokers:
worldtradex exemplifies visionary leadership in online trading, providing a seamless, secure, and enriched trading experience across varied asset classes. Navigate through a fortified trading realm characterized by swift execution and zero requotes. MetaTrader 4 (MT4), renowned for its steadfast reliability over three decades, stands as the preferred online trading platform for novices and seasoned traders alike. Its global acclaim stems from its user-friendly nature, intuitive features, and the capability for automated trading, culminating in Worldtradex website a comprehensive solution tailored for triumphant forex trading ventures.
worldtradex is committed to maintaining a high level of transparency and security through robust regulatory oversight. CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. worldtradex is an offshore broker, and like many similar brokers, its legitimacy can be challenging to verify.
worldtradex Mobile Trading App
Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. On the other hand, worldtradex does not offer any alternative trading platforms and does not incorporate any third-party tools. Moreover, I evaluated its trading fees to exceed the industry average.
- Trading carries a high level of risk and may not be suitable for all investors.
- Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies.
- For traders who prefer tighter spreads, worldtradex offers raw spread accounts with spreads.
- worldtradex is an offshore broker, and like many similar brokers, its legitimacy can be challenging to verify.
- Registration and account management are also conducted directly via this site.
Deposit Methods
The fact that the broker is regulated by the Seychelles FSA makes it possible to offer higher leverage. We strive to be more than just a broker; we seek to be a companion in your trading journey, ensuring every step you take is grounded in confidence, sophistication, and transparency. The brokerage company supports automated trading through Expert Advisors on MT4. In the case of worldtradex, its regulation by the Seychelles FSA is a positive aspect, as it signifies adherence to recognized standards in the industry. This regulation ensures that worldtradex operates in a transparent and compliant manner. Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice.
By clicking this button, you will be directed to the registration page. Upholding our stature as a regulated and trustworthy broker, worldtradex is devoted to protecting clients’ rights and fostering relationships cemented in trust. We urge clients to peruse our legal documents meticulously to comprehend our assorted agreements, policies, and risk disclosures. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report.
Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. In our reviews, we examine the licenses and regulations of each entity operated by a broker.
