These are, EUR within the EU, and both EUR, and USD for traders outside the EU. This is rather a limited selection compared with other top brokers. worldtradex provides various special tools and features that improve the trading experience outside of traditional platforms and typicall tools provided by the research avialable on site. Here are few more additonal features that are available aminly on Intrrnational branch.
worldtradex Review
worldtradex has a decent selection of 34 cryptocurrencies covering Bitcoin, Ethereum, Ripple, and Litecoin which is a healthy selection of highly liquid crypto markets. If you prefer to trade less liquid and higher risk assets you also have access to altcoins like Dogecoin to speculate on. worldtradex has 52 forex pairs for CFD trading including forex majors like USD/JPY, AUD/USD, and EUR/USD as well as minor and exotic pairs. I did find that you can only access all 52 pairs using the MetaTrader 5 platform, while the worldtradexTrader and MT4 only offer 32 pairs.
Brokers By Country
They particularly cater very well for the new traders with an excellent basic training in forex including topics like how to get started with the broker, ECN trading, and technical analysis. Trading hours are the times when a particular asset is available for trading. With worldtradexFX every asset except for crypto is available for trading on a 24/5 basis, Monday – Friday.
I found all platforms worldtradex offers provide mobile trading apps on your iOS or Android device, which can be downloaded directly from the broker’s website. worldtradexTrader is the most basic option but best for beginners out of the three platforms in my opinion with an attractive user interface. In particular, it has a Pattern tool that lets you apply a variety of technical analysis on your charts automatically which is useful if you are new to forex trading. Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4. For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks. As Worldtradex an ECN (Electronic Communications Network) broker, worldtradex delivers tight spreads and fast execution speed by matching your order with the best offer from another trader on the network.
- If you are trading from outside the EU, the minimum deposit will be $25 with the worldtradexFX Micro account.
- The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature.
- This worldtradex review aims to give a clear view of the broker and its services.
- In this course, I had access to 11 video lessons that lasted roughly 5-10 minutes but went into detail about how to trade forex.
Risk Management
The program showed amazing capability during testing, letting users access more than eighty trading instruments and make swift trades. With 30 technical indicators and 15 drawing tools, the app allows efficient chart analysis right away. Dear Selvan Arivanandan,Thank you for such a high rating and for sharing your feedback with our worldtradex Trading platform. We are delighted to know that our customers are having a good experience using our platform. We shall strive harder to provide the best user experience to our customers. You can get in touch with us via live chat or email at if you have any additional questions.
Account Comparison
- worldtradex withdrawal options are the same Bank wire for all accounts, there is no Credit Cards supported for Cyprus entity.
- I prefer seeing a broker regulated by multiple authorities, especially local regulators where clients are accepted such as CySEC.
- However, if you have not yet received the funds, please contact us again at , and our team will be glad to assist you further.Thank you for your patience and understanding.Kind regards,worldtradex Rep.
- The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users.
If you are outside the EU, then you will have access to the MT4 Micro account type. Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs. The account base currency is that which you trade in with the broker.
worldtradex shines in giving several trading tools for active traders, however, individuals looking for long-term investments could have to take more thought on other platforms, including bonds and ETFs. worldtradex is a versatile choice for traders since it presents a good range of over 300 trading instruments across several asset classes, yet the range is consistant of mainly most popular and volatile instruments. For a wider selection of products with thousands of instruments we would advise selecct other Broker then. Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, worldtradex’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches.
Account Types and Benefits
This lets you adapt your charts depending on your strategy, whether you use multi-time frame analysis or are a scalper with tick charts you’ll find it easy to switch on MT4. If you want to see how worldtradex’s spreads compete with other Malaysian brokers, I created a simple trading cost tool that you can use. First off, you will notice when you are trading at worldtradexFX that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions. It also provides for detailed analysis with market reports and more to offer. During this period you will be featured on a leaderboard for your virtual trades with the aim to reach the top where real prizes of up to $1,000 withdrawable money on MT4.
worldtradexFX Broker Review 2025
The big takeaway from my time with worldtradex is that it doesn’t charge swap fees on any of its accounts which are usually reserved https://worldtradex.pro/ for swap-free Islamic trading accounts. Not only does this reduce your trading costs for longer-term positions but it won’t force you to close a position before being charged a swap. You can just tell it by watching their account types, they have two.
My experience with worldtradex’s customer service was largely positive thanks to its 24/7 customer support and impressive AI live chat service. I felt that when I was passed to human agents on live chat it was hit and miss as basic questions were not answered, while other times they were. worldtradex offers the basic options when it comes to funding your account through traditional methods and some crypto options. The broker offers reasonable times to process your deposit and withdrawals. worldtradex has been offering retail trading services since 2011, servicing over 40 million trading accounts in 180+ countries which is an impressive achievement considering how competitive the forex industry is. As you can see from the above table all the accounts offer the same regarding trading costs, the only difference is the trading platform.
Dear Parveen Malaysia,We’re sorry that you encountered difficulties with the verification process on our platform. We’ve forwarded your request to the dedicated team, so they can send you instructions on how to verify your account. Please check out your email inbox.If you have any questions, please don’t hesitate to contact us on social media, via email, or through Live Chat. Taking a look at the CFD markets available from worldtradexFX, it is noted that they offer a little more than 70 assets in total. Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions.
This policy is in place to ensure the security and integrity of all accounts and the safety of our trading community.We apologise for any inconvenience this may cause and greatly appreciate your understanding. For any further clarification regarding this matter, please feel free to contact us at regards,worldtradex Rep. worldtradex is a reliable broker with over 14 years of experience, and we’re not what you call us. According to our records, you were in contact with our team recently.
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. 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. worldtradex scored highly in my trust test with 12 years of industry experience and licences from CySEC, MSC, and MISA delivers a secure and transparent forex broker. I think the broker’s trust is supported by its 60+ awards from the forex industry and 8,000+ positive TrustPilot reviews demonstrating that its clients are happy with its operations.