This allows us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. Well, reasonably, what you would want on top of that is for your broker to be reliable and take care of safety of your funds.
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I was surprised that the privilege account has such a good tight spreads, which was a great discovery for me, as I now focus more on day trading. At the same time, these spreads was transparent, so I could rely on this info. worldtradex has a rating of 4.4 stars from 69 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with worldtradex most frequently mention tight spreads, customer support, and privilege account. worldtradex ranks 203rd among Currency Trading sites. worldtradex offers several account types, including Standard, Premium, ECN, and Islamic (swap-free) accounts.
Do i have to deposit only in us dollars? does the broker accept any other currency than that?
Basically, it’s cool that you don’t need to squander time. I opted for the Privilege account because I had enough money for it and conditions seem to be the ultimate ones on it. Spreads are within average values, like for trading gpb/usd they rarely widen more than 3-4 pips during peak hours.
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Why not, this company doesn’t give such excuses nor act shady. I tested worldtradex’s transparency by checking the availability of essential information on the website. Its Client Agreement is easily accessible and pretty exhaustive. All essential safety information is present and written in an easy-to-understand way. In our tests for the Trust category, we also cover factors relating to stability and transparency.
Customer Support Test
I have worked with a great relationship with the broker and I have always reached out to them and they replied promptly because they are always available and also they reply in a friendly manner…. The trading platform also supports its traders with a vast educational resources and tools to help fast track the process. Do people use brokers that don’t provide any sort of value? Well I don’t think so and that wasn’t going to be my case when I decided I was going to use worldtradex. My expectations are sure damn met and the platform is easy to use and navigate, it’s quite advanced with effective analytical tools. I gave the copy trading feature a try but it made me lazy so I switched back to trading manual but it was worth it and profitable.
- In most cases, payments to and from worldtradex accounts are free of charge, though third-party banking fees may apply.
- I tested worldtradex’s transparency by checking the availability of essential information on the website.
- You can set up a demo account for yourself alongside your live CFD account.
- This will help us to work together toward a positive outcome.Please feel free to reach out to our support team with any further details or questions.
- Any information on these websites is not considered investment advice or an investment recommendation, but instead a marketing communication.
- Yes, worldtradex offers social and copy trading features, allowing traders to replicate the strategies of successful traders directly within their accounts.
In fact the company contributes a lot to skills development and thus it may be considered as a reliable mediator on the market. At least, I never faced such a broker that would care about traders this way. Yes, seems a little odd from the first glance, perhaps like an outdated website (perhaps…). About that, they dont hide the guys with bad WR, its still transparent and you can follow whichever provider you like ,this is how they earned my trust.
Our team is dedicated to providing our clients with the resources they need to succeed, and we appreciate your feedback. If there’s anything specific you’d like to see in our educational offerings, please let us know. Overall, worldtradex’s fee structure is designed to be both competitive and transparent, making it an attractive choice for traders looking to optimize their trading costs. With no deposit or withdrawal fees, no account maintenance charges, and competitive spreads and commissions, worldtradex provides a cost-effective trading environment that appeals to a wide range of traders.
- Hi Arnaud Lambert,Thanks for taking the time to share with us your feedback!
- We encourage you to take advantage of these resources and participate in our educational events to further your trading education.
- When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.
- If you know how to stay in volatile markets, an account with live floating & fixed spread is the right choice for you.
- Hi Rashid A,We really appreciate you sharing your worldtradex experience with us!
- Established in 2021, worldtradex is an emerging CFD broker based and regulated in Seychelles, serving traders globally.
The WebTrader provides all the essential features of the desktop version, including advanced charting tools, automated trading options, and fast order execution. It’s compatible with most web browsers and operating systems, offering a convenient and seamless trading experience for those who prefer trading from different devices or locations. worldtradex offers competitive spreads that can start at 1.5 pips, particularly on its ECN account types.
Research Tools
I guess it’s okay, you can trade and earn the biggest part of money from the deal.Besides, Metatrader rarely has serious glitches preventing normal trading. Hello Adrian Garcia,We are so grateful that you took the time to write this excellent review! Much appreciated.😃worldtradex ⚡️Empowering traders. Buddy, I’m sure you can get hundreds of answers to this question from worldtradex customers and each one will have unique meaning.I have standard account here. And I mainly trade EURUSD, USDCAD, AUDUSD and GBPUSD currency pairs.Of course, narrowest spreads were on EURUSD currency pair.
While worldtradex is lenient with most fees, it does charge an inactivity fee for dormant accounts. If https://worldtradex.site/ your trading account remains inactive for a specified period, typically 90 days, an inactivity fee is applied. This fee is usually a fixed amount, around $10 to $15 per month, and is deducted until the account is reactivated through trading or becomes depleted. This policy encourages traders to maintain regular activity in their accounts but could be a drawback for those who trade less frequently or take extended breaks from trading. ✨ We are always working to improve our customer service, and we’re glad to hear that you’ve had such a great experience with us.worldtradex ⚡️Empowering traders.
Come funziona Trustpilot
Each account is designed to meet different trading needs and preferences. The broker maintains segregated accounts for client funds, ensuring they are kept separate from the company’s operating funds, thereby providing an added layer of protection. While worldtradex offers a solid foundation of educational and research resources, the range and depth may not fully meet the needs of complete beginners or those looking for highly specialized content. Expanding their offerings with more in-depth courses, interactive webinars, and personalized learning paths could enhance the overall educational experience.