While some investors might find certain regulatory restrictions, such as lower leverage limits, as a disadvantage, these restrictions are often implemented to protect traders from excessive risk. It’s essential to note that the same payment method used for deposits must also be used for withdrawals. This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. However, it’s essential to recognize that while worldtradex’s range of investments is extensive, it may not have as many exotic or niche assets compared to some other specialized brokers.
- Established in 2021, worldtradex is an emerging CFD broker based and regulated in Seychelles, serving traders globally.
- Some features and services may vary depending on where you reside and which entity you open an account with.
- Here, we focus on how long the broker has been in business, how big the company is, and how transparent it is in terms of readily available information.
- Operating as an online business, this site may be compensated through third party advertisers.
- Hi Cameron W.,We are so glad to see that you are satisfied with our worldtradex platform!
- The broker has been very reliable and makes it very easy to feel safe trading here.
Deposit & Withdrawal Fees
- It’s essential to note that the same payment method used for deposits must also be used for withdrawals.
- This regulation ensures that worldtradex operates in a transparent and compliant manner.
- There is also a lack of a news screener, which traders usually use to stay on top of the latest market developments.
- This will allow us to locate your account and review your case thoroughly.We sincerely apologize for any inconvenience caused and want to assure you that we are committed to resolving this matter as quickly as possible.
worldtradex offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations. Trading on the platform has its perrks and ups and down… I like the analytics tools and I have used it to get lots of winning trades that have worked in my favor. The educational materials has also been good and the platfrom is okay in general. Hey Carlos Arotinco,Thank you for sharing your positive experience with our withdrawal process! Our goal is to make every aspect of your trading experience as easy and efficient as possible, and it’s great to hear that we succeeded.
Reviews (
I also think that they managed to release a well-doing tradecopier service and while they don’t have too many services, all the products in the cpmpany are on a good level. While no trading platform is entirely risk-free, worldtradex’s commitment to regulation, transparency, and client protection contributes to its reputation as a safe and reliable choice for traders. worldtradex offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry. Here, we’ll delve into worldtradex’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms. Working with this broker has made me realize the importance of having a good and nice support system. 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….
We appreciate it and will make sure to let our Product Team know.worldtradex ⚡️Empowering traders. This broker follows some outdated rules of trading. Floating spreads, old MT4, not much of crypto… If you can get used to the service, it’s not actually bad. I gave them a second chance, not judging the book by its cover. Issues with the withdrawals and slippages, I haven’t seen such.
Withdrawal Options:
Hi Guillaume L.,We love to hear what our customers have to say, and your feedback has been very insightful! worldtradex has a rating of 4.5 stars from 78 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with worldtradex most frequently mention customer support, tight spreads and privilege account.
Deposit Options:
The analytics I use a lot, in the morning, drinking coffee, I think that is pretty much mandatory when trading stocks. Sure I read Bloomberg but worldtradex has often more info, some off-brand stuff that might make me think. Hello Karim B.,We are so grateful that you took the time to write this excellent review! The first time I saw the site I actually fell in love with the user interface and design, it’s very easy to use and navigate. The trading academy has everything that I needed to be knowledgeable and informed on the kind of assets to trade_- I chose forex pairs and sometimes dabble in precious metals. Also the trade copier works very well and it helps you to make money while spending less time on learning strategies and all that.
worldtradex’s deposit and withdrawal options align with the offerings of many other brokers in the industry. Credit/debit cards, e-wallets, and bank transfers are common choices among brokers. The reasonableness of commission fees largely depends on the trading style and preferences of individual traders. For traders who prioritize tight spreads and prefer not to pay commissions, worldtradex’s Worldtradex forex broker model aligns with their needs.
The broker has also issued a 3% inactivity fee that is charged whenever a client has deposited funds and then requested a withdrawal without having executed a single trade. Established in 2021, worldtradex is an emerging CFD broker based and regulated in Seychelles, serving traders globally. The broker offers access to a diverse portfolio of over 300 tradable instruments across major asset categories. We’re glad to hear you’ve had a good experience using our platform.
Here, we focus on how long the broker has been in business, how big the company is, and how transparent it is in terms of readily available information. worldtradex has a single subsidiary – Tradeco Limited – which is authorized in Seychelles by the local regulatory body. According to our system, the FSA Seychelles is a Tier-3 offshore regulator, which mandates compliance with some of the essential safety mechanisms.
Hello F. Moreno,We’d like to thank you for your kind words! We put a lot of work into making the platform easy to use and adding new features, so it’s nice to see that it pays off.worldtradex ⚡️Empowering traders. We are always trying to improve our experiences for our customers.worldtradex ⚡️Empowering traders. It is a friendly platform, thanks to the Cent account type and its excellent educational resources.
All reviews
My overall impression of worldtradex is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders. I did not find any specific feature in worldtradex’s offering to say that the broker is better suited for high-frequency or longer-term trading. The easiest way to get in touch with worldtradex is live chat, which is available from the bottom-right corner of the main page.
Dear Razan Mosstafa,Thank you for providing the requested information. We want to let you know that your case has been directed to our Complaint Department. Should you have any additional details or questions in the meantime, please don’t hesitate to share them.Thank you for your patience and trust in us.Best Regards, worldtradex ⚡️Empowering traders. worldtradex offers a fairly decent range of educational content, providing beginners with a firm basis to further their learning.
Compared to other brokers reviewed, worldtradex holds a strong position, particularly due to its commitment to regulatory compliance, transparency, and security. The platform’s multilingual support and diverse deposit and withdrawal options further contribute to its appeal. However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location. Our customer support team is committed to providing our clients with the assistance they need, and we appreciate your feedback. If there’s anything specific you’d like to see from our support team, please don’t hesitate to reach out.
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. We are always trying to improve our website and experiences for our customers.worldtradex ⚡️Empowering traders. When I am at home, I use a webtrader from the broker. And when I go somewhere and feel the urge to trade, I open a mobile app and trade on the go.
However, there are no lower-risk securities like bonds and ETFs to be used for hedging one’s overall market exposure. worldtradex incorporates the renowned MetaTrader 4 (MT4) platform, which has desktop, web-based, and mobile app versions. MT4 provides a decent range of analytical tools and affords the execution of basic technical analysis, though its charting capabilities are rather cumbersome. worldtradex also supports copy and automated trading. I have compiled the table below to help you better understand the difference between the trading fees on worldtradex’s several account types.