In line with anti-money laundering regulations, traders must use the same withdrawal method as the one used for depositing. There is also a withdrawal priority procedure if you have funded the account by different methods. If you have deposited via a credit/debit card, then the withdrawal back onto the same card, can cover the deposit amount.

This account is great if you are worried about blowing up your trading account by making mistakes on the platform such as using the wrong trade size. Once traders gain experience, they can migrate to the Standard account for larger contract sizes. However, some users have complained about slow and unclear withdrawal processes, occasional platform issues during volatile markets, and confusing bonus terms that might not be easy to use. These issues seem to affect certain regions more, especially in Africa and parts of Asia, where local banking systems, internet issues, and regulations might make things harder. Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program. worldtradex and worldtradex Global offer a variety of trading accounts with variable spreads.

worldtradex Trading by the Numbers

Test your trading strategies risk-free with virtual funds in a simulated environment. Access all the same features as a real worldtradex account, including MT4/MT5 platforms, trading tools, and market analysis. worldtradex does not appear to offer STP (Straight Through Processing) or ECN (Electronic Communications Network) trading accounts. So there is no Direct Market Access and it means that worldtradex can set the price that traders receive. worldtradex’s Demo account gives traders the chance to practice and upgrade their trading skills in a risk-free environment, replicating real trading conditions.

You have two accounts which are free from commissions – Standard and Micro accounts, while the worldtradex Zero account is based on commission. This includes precious metals (such as Gold and Silver), agricultural products, industrial metals, and energy products, such as oil and natural gas. Although this selection allows traders to diversify their portfolios, it is somewhat limited, compared to other brokers who offer between 20 and 30 different commodities to trade.

• Conventionally, a broker’s regulatory quality is judged by the notion that the more licenses they hold, the better.
• The broker prides on 10.3+ billion trades executed with zero requotes or rejections.
• While both worldtradex entities provide a comprehensive range of trading options, specific offerings may vary due to different regulatory requirements.
• Specific terms and conditions apply to these incentives, with clients being able to opt out of the bonus scheme whenever they wish.

Account Types

They provide free access to daily Forex webinars in 23 languages, available 7 days a week with 77 webinar instructors. They also have worldtradex web trader which allows you to trade through your web browser without the need to download any software. Multiple payment methods are available depending on the worldtradex entity such as Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Perfect Money, Apple Pay, Google Wallet etc. worldtradex Global also provides direct share trading in addition to the previously mentioned assets.

In addition to the US and Canadian stocks, there are equities from 14 European countries, Brazil and Russia. The mobile versions of MT4 and MT5 translate extremely well from the desktop versions, also allowing excellent interaction between devices. The 3 chart types and 30 technical indicators of MT4 migrate well, whilst there are also push notifications for trading alerts. After a 90 day dormant period an inactivity charge is levied at $5 per month (you all lose all bonuses or promotional credits).

Customers can choose between the world-famous third-party trading platforms MT4 and MT5 and the proprietray solution of the broker, the award-winning worldtradex App. To help facilitate the customer service that worldtradex offers its clients from around the world, it claims to have support in over 30 languages. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying.

Company

There are 14 indices to trade, including major indices, such as Dow Jones, NASDAQ, and S&P 500, among others. Additionally, the brokerage offers thematic indices, allowing exposure to various sectors, such as electric vehicles, AI, and blockchain. worldtradex offers easy access to nearly 1,400 tradable instruments, across several asset classes, including Forex, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, and Thematic Indices. Cryptocurrencies and Turbo Stocks are available in specific jurisdictions. Compared to rival brokers, worldtradex charges inactivity fees very quickly, however not as expensive as other brokers. worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message.

Additionally, worldtradex provides over 20 equity index CFDs, 5 commodity CFDs, and futures CFDs on various assets, including precious metals and energy markets. Traders can keep their costs down by trading with spreads that “can be as low as 0 pips” (for currency pairs such as the EUR USD and the USDJPY). For this privilege, traders will have to pay a commission of $3.5 (per lot per side) for every 1 Lot traded, or $7 per round trip. The commission is on top of the very tight spreads , starting from 0.0 pips on major currency pairs.

• Cryptocurrencies and Turbo Stocks are available in specific jurisdictions.
• Access all the same features as a real worldtradex account, including MT4/MT5 platforms, trading tools, and market analysis.
• For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.
• Enter the world’s most liquid market with the confidence of having a leading broker at your side.
• The worldtradex Loyalty Program rewards traders with points (worldtradexP) for each trade they make.
• Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features.

Instant Withdrawals

The worldtradex Zero account generally is best suited for regular traders or those who place significant trades. Join over 5 million traders worldwide with worldtradex – an award-winning forex and CFD broker offering exceptional trading conditions and 24/7 support. Enjoy a premium experience designed for seasoned traders with rewarding benefits including access to the widest selection of advanced trading tools available.

The Tight spreads and no fees on withdrawals are great

There are 51 different trading indicators available to you and there are 31 charting tools you can utilise. The next-generation MetaTrader 5 platform with enhanced features, more timeframes, and access to a wider range of markets. Access analytical tools that will enhance your trading decisions on worldtradex MT4/MT5 platforms. We offer a superior trading environment that puts traders in the best position to profit. Explore the global currency markets with uninterrupted trading opportunities.

worldtradex Trader Resources

worldtradex does not offer Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts. worldtradex unfortunately cannot accept clients from the residents of certain countries, such as the United States of America, Canada, Israel and Iran. Whenever you need us we’re just a few seconds away, 24/7, in extensive language options.

This includes over 350 CFDs, as well as 57 currency pairs and 5 cryptocurrency CFDs. Get started with the MT4 platform in any way you prefer and enjoy a seamless cross-device experience designed to fit your trading style. Open an account today to access fair conditions and get everything you need to achieve your trading goals. European clients under the CySEC jurisdiction are covered by the Investor Compensation Fund (ICF). If a finance company under the CySEC jurisdiction fails then its clients are protected up to €20,000. This could be better if worldtradex had Financial Conduct Authority (FCA) regulation then clients would be protected up to £85,000.

worldtradex Global offers a similar selection of instruments and provides higher leverage options in some instances. It includes more than 50 cryptocurrency https://lunarcapital.world/ CFDs available only in regions regulated by the Financial Services Commission (FSC) of Belize. While both worldtradex entities provide a comprehensive range of trading options, specific offerings may vary due to different regulatory requirements.

worldtradex is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others. This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries. Looking at the worldtradex Zero account, the average spread for EUR/USD is 0.1 pips excluding the commission.