19 feb worldtradex Group Review 2025: Pros & Cons

worldtradex is an FX brokerage that was founded by Trading Point Holdings in 2009. The broker is globally available and allows traders to buy and sell various financial assets including forex, crypto, https://worldtradex.space/ metals, and CFDs. worldtradex is regulated by the Financial Services Commission, Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). Its users have access to both MT4 and MT5 platforms in addition to low trading and withdrawal fees. The mobile trading platform allows traders to gain access to multiple tradable assets, including forex, crypto, and CFDs.

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  • Ultimately, worldtradex is a reputable broker with many tools for new and experienced traders to maximize their trading strategies.
  • worldtradex provides multiple deposit methods with no deposit fees and several account base currencies.
  • New traders can benefit from the various educational content available on the company’s website.
  • worldtradex unfortunately cannot accept clients from the residents of certain countries, such as the United States of America, Canada, Israel and Iran.
  • Boost the potential of your trades with leverage for traders of all levels.

New traders will further appreciate the client-exclusive webinars and podcasts led by experienced professionals, covering various trading topics, strategies, and tools, allowing beginners to learn directly from experts. Another helpful feature is MT4 MultiTerminal, allowing experienced traders to manage multiple client accounts simultaneously. worldtradex offers a strong range of over 1,000 instruments, particularly in forex, stocks, and indices, which are key markets for active traders. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

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Futures CFDs are available on several assets including Precious Metals, Palladium and Platinum, Energies, Brent, London Gas Oil, Natural Gas, WTI Oil and WTI Oil mini. There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the worldtradex Shares Account which has a minimum $10,000. worldtradex does not offer Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts. worldtradex Global also provides direct share trading in addition to the previously mentioned assets. worldtradex email support works well and typically provides answers in 24 hours or less. The phone support is also great and you can access it in various languages.

worldtradex, founded in 2009 and based in Cyprus, is a regulated online broker serving over 10 million clients worldwide. The company is overseen by multiple regulatory authorities, including CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) and DFSA (Dubai). worldtradex offers diverse financial instruments and is known for competitive trading conditions. For more experienced traders, the Zero accounts offer commission-based trading with lower spreads. Commissions are fees charged by a broker for processing transactions and trades.

Privacy, Data, and Fund Protection

Since there is no deposit fee, worldtradex broker will not deduct any amount from the deposits you make. worldtradex trading broker is regulated by several regulatory bodies, which ensure that it keeps users’ funds safe and secure at all times. These regulatory bodies include the Financial Services Commission, ASIC, and CySEC. These agencies ensure that worldtradex consistently complies with best practices and remains transparent when dealing with clients. This makes it one of the most trusted brokers as https://worldtradex.pro/ far as investor protection is concerned. Investor protection is important because it provides confidence to potential investors that their money is safe and protected.

These tools will help you learn how to trade on worldtradex trading platform even if you are a first-time user. We found different worldtradex trading platforms to meet the needs of traders with different levels of experience. Furthermore, the broker provides access to desktop and webtrading via an MT4 MultiTerminal and an MT4 webtrader for PC and Mac, respectively. worldtradex’s customer service is easy to access and provides support in multiple languages. Users get access to these services via phone, email, or live chat features.

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Explore the global currency markets with uninterrupted trading opportunities. Share with us your trading experience in the comments section below. If you have experience trading with worldtradex please share your personal review of the broker and what you think are strong and weak points. This average customer rating is based on 24 worldtradex customer reviews submitted by our visitors.

What is the minimum deposit on worldtradex?

When it comes to data protection, worldtradex broker does not disclose users’ private information and strives to provide them with the best possible trading conditions. Once you have provided your personal information, you will be required to choose a trading platform. You will not be charged a fee for opening an account on the platform. However, if you are inactive for 90 days, you will have to pay an inactivity fee of $15. Subsequently, you will be charged $5 monthly if this inactivity persists. If you already have an worldtradex account, please state your account ID so that our support team can provide you with the best service possible.

worldtradex stands out for its commitment to trader education, offering free webinars, research materials, and analysis tools to support informed trading decisions. The broker’s extensive educational resources are particularly beneficial for those looking to enhance their trading knowledge and skills. These awards act as indicators for reliability and class, showing how determinedly a broker engages in offering high-standard services aimed at fulfilling customers’ interests fully. It proves worldtradex’s continuity that has seen it bag many of these esteemed prizes.

The platform is primarily designed to support traders ranging from beginners to intermediate levels. worldtradex provides access to over 1,200 financial instruments, including forex pairs, stocks, commodities, and cryptocurrencies, with trading available on the widely used MetaTrader 4 and MetaTrader 5 platforms. worldtradex is a highly regulated and trusted broker with over 5 million clients globally. The platform is great for both new and experienced traders who prefer to use MT4 or MT5 while trading forex and CFDs. The broker charges minimal fees, unlike many other forex brokers on the market.

Here at Forexbrokers.net, we take pride in helping our readers find the best possible financial service providers and avoid fraudsters. We have a team of experienced professionals dedicated to providing accurate and up-to-date information. Our reviews are unbiased and comprehensive, and we always look for new brokers and products. worldtradex charges little to no fees on the processing of most transactions. The worldtradex trading fees on CFDs are extremely low and there are no withdrawal fees.

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