If you’re unsure which platform is for you, I’ve created this 5-step questionnaire that will match your answers to help find the best forex trading platform for your trading style. Amongst the new features and platform improvements, you can still automate your trades with MetaTrader 5 and Expert Advisors. If you are interested in automating share CFDs, MT5 is the only platform on worldtradex to provide this. In addition to traditional platforms, I did find that copy trading is available through the worldtradex Copy platform giving you an alternative approach to leveraged products like forex and gold.

It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union. worldtradex Markets Ltd. holds an International Brokerage and Clearing House License, further enhancing its credibility. Additionally, worldtradexFX is registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines, offering a robust multi-jurisdictional regulatory framework. worldtradex is an up-and-coming broker that has been in operation for nearly 10 years.

A Straightforward Process

The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email. worldtradex offers a variety of trading instruments, including CFDs on all the major asset classes— forex, commodities, indices, shares, and cryptocurrencies. worldtradex has a strong selection of CFDs on cryptocurrencies, numbering 30 in total. The range of available CFDs on indices is also better than average.

  • Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.
  • The company has offices in more than 13 countries, including UK, Germany, France, and Chile.
  • This could include opening an account with worldtradex Markets Cyprus Ltd, or Uni Fin Invest which is worldtradex’s Mauritius entity.
  • I was surprised most by the worldtradexTrader which is limited in comparison to MetaTrader but offered a unique technical analysis service which impressed me with the expertise of the analysis.

worldtradex states that the firm is in full compliance with international legislation and regulation standards, and guarantees funds security and negative balance protection (NBP) to its clients. worldtradex gives high priority to the ‘Analysis and Education’ section of its site. The ‘Forex Basics/Technical Analysis’ library, for example, contains a step-by-step guide to support traders that are getting into trading. This guide ranges from a glossary of the basics to videos on the important question of which time frame to adopt. The service provides tutorials, which explain how this is done and primes traders to run a cBot and use the free algorithms made available to them.

For those familiar with cryptocurrency wallets, this process is very simple and quick. In our review, we only had the option to use Neteller, Skrill, and cryptocurrencies. Even after verifying our identity, those were the only methods available to us. We consulted customer service, and they confirmed that these were the available methods for our accounts.

worldtradexFX Broker support and customer services

For those interested in trading indices, worldtradex provides access to some of the world’s major indices. worldtradex, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety. Lastly, we must remember XTB as another alternative, best if you are looking for a broker which has been on the market for close to twenty years now. The company has offices in more than 13 countries, including UK, Germany, France, and Chile. This makes XTB one of the safest brokers in the world, so you can’t go wrong with them.

worldtradex is based in Saint Lucia but has multiple entities outside of Saint Lucia to provide financial services to clients in 180+ countries. Depending on where you are from, you can open an account with a different entity that is regulated by either CySEC, MAS, or FSC. With 300 markets I found worldtradex provides the major financial instruments most traders would focus on such as forex majors, gold, stocks like Tesla, or cryptocurrencies like Bitcoin. I think this is a sweet spot for the majority of traders unless you are seeking less popular markets or specific stocks to trade. The broker offers excellent deposit and withdrawal speeds that are fulfilled within the same business day during the week. This allows you to start trading faster with instant deposits and receive your funds faster through the same-day withdrawals.

In finance, a single incident of perceived deception—such as a hidden fee, an undisclosed conflict of interest, or misleading performance data—can permanently damage the provider’s reputation. This is an impressive feature if you’re new to trading due to the constant flow of trading ideas with detailed market commentary that will help you learn in real time. Plus, you can fine-tune the Space by choosing specific instruments only to receive these ideas from – in my instance, I chose USD/JPY, gold, and EUR/USD. Customer service at worldtradex is through live chat or a support email address, which is a slight letdown as I prefer when companies offer phone support for urgent questions.

  • worldtradex does not charge fees for deposits or withdrawals, nor does it impose commissions on trades.
  • According to their website, more than 900,000 customers are registered on their site.
  • With less than 100 instruments on offer, there is no space for the more complex instruments such as options found in the quieter corners of the financial markets.
  • The only traditional method available was Mastercard (debit card) which I used to fund my account and was instantly applied to my trading account after making my deposit.
  • Whether you’re a novice exploring the markets or a professional looking for advanced tools, worldtradexFX provides the necessary resources to achieve your trading goals.

Risk Management

The broker has also been operating for 12 years, which is a strong signal of safety in my book. I think having worldtradex Copy is a good alternative for beginners or those who don’t want to invest their time in learning how to trade. At least this way, you can copy an experienced trader and benefit from leveraged products such as forex, crypto or commodities like gold.

How much are Trading Fees with worldtradexFX?

worldtradexFX Holding plc is regulated by CySEC (EU), which can give you maximum benefits. There is a huge potential for limited independent business without any leverage. With worldtradex, you can trade a total of 300 trading instruments, including 52 Forex pairs and 277 CFDs, covering indices, commodities, and cryptocurrencies. The economic calendar, pip calculator, and other tools are integrated within the app, while the web version contains links directing users to external pages. The “Space” section allows users to see posts on various topics directly on the web, but the configuration for the topics is set in the mobile app. A few minutes after submitting the withdrawal, we received a confirmation email.

Experience online tradingwith the awarded broker

Each of the countries you see here has the support to join the broker worldtradexFX. This company is a very large trading platform, so you can safely place your deposits or assets here. You can use a free demo account to evaluate the platform first before depositing. Your virtual credit will be included in the demo account with 10,000$ in automatic funding. worldtradexFX clients submit this demo account so that the customer can be aware of all the tools.

Forex Risk Disclaimer

MetaTrader 4 and MetaTrader 5 play a major role in rapid order reversal and hedging promotion. MetaTrader 5 is one of the most popular trades on one of the most popular platforms in the world. MT 5 is the world’s number one multi-asset platform provider of futures, forex, CFD, and exchange-traded instrument trading. This market has a large number of customers because this platform is very easy to use. MT5 Worldtradex cheating includes Level 2 Pricing, Robotic System Trading, Higher Chatting, VPS Support, and Education Market.

I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. worldtradex offers the popular MetaTrader 4 and MetaTrader 5 platforms across desktop, web, and mobile. These platforms provide robust charting and a wide range of order types and enable automated trading. The web-based worldtradexTrader platform is a beginner-friendly and convenient alternative.

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