Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. Micro and Standard accounts have slightly wider spreads compared to Ultra Low accounts, but both are eligible for the WorldTradex Loyalty Program. 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. Increase your trading power with every deposit and make every trade count – T&Cs apply. By using our LiveChat, you agree that any personal data provided via LiveChat will be processed by us, as per our Privacy Policy, for the purpose of receiving assistance https://worldtradex.pro/ from our Customer Experience team.
Currencies accepted for deposits/withdrawals
- The WorldTradex Group is a global powerhouse that offers some of the best trading conditions.
- In certain regions WorldTradex Global offers copy trading, allowing traders to follow and copy the strategies of other traders directly.
- More than 14 languages are catered for through the customer support service at WorldTradex.
- WorldTradex offers great customer service, which is currently available in over 20 languages.
- Additionally, WorldTradex takes measures to protect client funds by storing them in segregated bank accounts across various locations.
- Rates, terms, products and services on third-party websites are subject to change without notice.
WorldTradex offers great customer service, which is currently available in over 20 languages. 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. First, there is negative balance protection, which means that even if markets move rapidly against your trades, your account will not be negative. WorldTradex does this to protect clients from highly volatile market conditions, such as news releases.
Trading Platform Review
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 far as investor protection is concerned. The mobile trading platform allows traders to gain access to multiple tradable assets, including forex, crypto, and CFDs. At WorldTradex, traders have the opportunity to explore a wide variety of tradable markets, with popular platforms like MT4, MT5, and the WorldTradex App offering access to numerous Forex and CFD instruments. If currency pairs are your preferred market, you can gain great market exposure and trade over 50 currency crosses.
Manage Your Account
It simply promotes the VPS service (shareable) and the 0% Fees on deposits and withdrawals. There is a minimum deposit of $5 USD (or equivalent) across the various account types and $10,000 USD (only) deposit for the Shares accounts. WorldTradex does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals. 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. WorldTradex stands out for its commitment to trader education, offering free webinars, research materials, and analysis tools to support informed trading decisions.
- Deposits into WorldTradex trading accounts can be made in various currencies, including USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR and USDT.
- It includes more than 50 cryptocurrency CFDs available only in regions regulated by the Financial Services Commission (FSC) of Belize.
- It has four tiers—Executive, Gold, Diamond, and Elite—with higher tiers offering more points per trade.
- In our opinion, the withdrawal hierarchy process may cause confusion, leading to some of the dissatisfaction, delays, and payment issues mentioned in some of the client reviews.
- Fees, on the other hand, are charged for services, such as account maintenance, withdrawals, and deposits.
- You can reach them no matter what time of day it may be through their live chat feature.
- If you are looking for a platform that is easy and straightforward to use and that looks after their users, WorldTradex could be the right option for you.
Withdrawal and Deposit Methods
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. The platform is regulated by the Financial Services Commission, ASIC, and CySEC. From our WorldTradex forex review, we discovered that the account opening process is quite straightforward, with abundant educational content available for free. WorldTradex is regarded as one of the most secure brokers as it takes measures to protect users’ funds and privacy.
A World of Trading Opportunities
WorldTradex is unable to accept clients from the United States of America, Canada, Israel and Iran. WorldTradex are regulated by several top-tier authorities across its various regions, including CySEC (120/10), FCSA (49976) and DFSA (F003484). WorldTradex also offers WorldTradex TV, podcasts and news feeds from Reuters, an Economic Calendar, along with YouTube Shorts and daily technical stories. They provide free access to daily Forex webinars in 23 languages, available 7 days a week with 77 webinar instructors. Over 1,200 stock CFDs, more than 100 traditional stocks (subject to regional restrictions), 12 turbo stocks (subject to regional restrictions), more than 20 indices, and over 5 commodity CFDs are available.
While trading highly liquid instruments during both the European and US sessions, we encountered a mix of slippage along with price improvement, typically within a range of no more than two pips either way. WorldTradex does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations. When accessing this website from a country in which its use may or may not be prohibited, it is the user’s responsibility to ensure that any use of the website or services adhere to local laws or regulations. WorldTradex does not affirm that the information on its website is suitable to all jurisdictions. Login with your email if you just registered, or you already have an WorldTradex profile.If you don’t have an WorldTradex profile yet, enter your MetaTrader credentials to proceed with creating one. The WorldTradex profile consolidates all your trading accounts under the same email, allowing you to login with your email address.