worldtradex Review in 2025 Spreads & Fees Compared
The worldtradexFX ecosystem includes the specialized CopyTrade app and mobile versions of MT4 and MT5. This app goes beyond traditional social trading by utilizing an AI-based recommendation system that matches traders with Masters based on their trading style and risk profile. Aside from the expected advanced order types, MT5 includes a built-in economic calendar within the trading interface. This feature is often overlooked but is extremely valuable for Emirati traders who want to incorporate fundamental analysis into their strategies. It provides traders with a versatile experience tailored to their specific strategies, whether accessed via a desktop or a web-based interface. worldtradexFX understands the complexities of trading and, as a result, caters its services to Emirati traders who adhere to Sharia Law principles.
- It has no restrictions on Stop/Limit levels and allows users to perform multiple functions like reverse, double or close all positions in one click.
- The security of your funds – in terms of regulatory protection – will depend on which worldtradex entity holds your account, and which, if any, relevant regulations provide customer protections.
- This is a great tool if you scalp or day trade as you can use the data to find hidden support or resistance while helping you spot breakout trading opportunities.
I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. I was curious to know why they offer this as other brokers are not so generous when it comes to absorbing the swap costs. worldtradex said that offering swap-free accounts aligns with its business goal of serving a global clientele. One of worldtradex’s impressive features I found was the no swap fees on all of its accounts. This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks.
MetaTrader 4
Until recently, the broker had also been regulated by the FCA, however worldtradexFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer. When it comes to regulations, worldtradexFX is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776. For those reasons, https://worldtradex.space/ our team here at Investingoal is happy to recommend worldtradexFX as a top choice for scalping.
It’s good to see worldtradex offer MetaTrader 4 as it is one of the most recognised trading platforms for retail forex traders in Malaysia thanks to its advanced charting tools. I like that out of the box you have access to 30+ technical indicators from moving averages to Bollinger bands and 24 analytical objects making on-chart technical analysis simple. The minimum deposit you can invest is $ 50, which is guaranteed at a much lower price than other brokers in the market. It is the best of worldtradexFX to make a conventional offer that you can apply and accept. You can enter the financial market with very little capital (0.01) lot depending on your position. The worldtradexFX broker offers different offers to the clients according to the package, based on the account type.
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The broker transmits clear-sighted market knowledge while maintaining the specific skills required to make money online, which will give you a much higher balance of profits from losses. The worldtradexFX broker, for a long time in European countries, has been providing services to traders in more than 100 countries. You might be surprised, the company is currently serving more than 1,500,000 traders.
The spread for all available currency pairs offered by worldtradexFx – including major, minor and exotic pairs are listed in the table below. The cashback rebates and affiliate programs demonstrate worldtradexFX’s commitment to adding value to its clients. Their VPS offering for forex traders highlights worldtradexFX’s focus on accommodating automated trading, which is becoming increasingly popular among forex traders.
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. One of the key highlights for MetaTrader 4 I like is the option to automate your trades using Expert Advisors (EAs) which is allowed on your worldtradex account. You can develop EAs to 100% automate your strategy from analysis to execution, or set up risk management EAs to manage your risk on open positions automatically. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs.
Withdrawal Options at worldtradex
The MT4 account, also called traditional account, is an account type used by new and experienced traders alike. It not just offers excellent trading and analytical tools, but is also flexible enough to implement simple, as well as, highly complex trading strategies. The platform supports trading forex pairs, commodities, indices, cryptocurrencies but not stocks. The account is available on both MT4 and MT5 trading platforms, and comes with market execution. The company currently has a proprietary trading platform known as worldtradexTrader. They can also, https://worldtradex.pro/ on these trading platforms (worldtradextrader, MT4 and MT5), access lots of extra technical tools and indicators specific to worldtradexFx alone, which is required for a purposeful and pleasant trading experience.
The fee is depending on the payment method, but most payment methods are free. It is depending on the time of the day, sometimes, the withdrawal is made in a few hours (1-3 hours in most cases). Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. Furthermore, they provide for a selection of video tutorials that covers topics like the MT4 and MT5 trading platforms and how to manage your accounts as well as the worldtradexFX copy trading service, and a full trading glossary. Within Europe, the minimum deposit on the available account types of MT5 Pro is $50.
worldtradex (formerly worldtradexFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilized by clients from 180 countries with more than 40+ million trading accounts. worldtradex is a technology-based brokerage company and Forex broker that offers an industry-leading platform Metatrader4 and MetaTrader5 with numerous investment opportunities and great capabilities.
However, traders may be charged third-party processing fees—which worldtradex has no influence over. Furthermore, although worldtradex does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion. For traders trying to cut non-trading costs, worldtradex’s attitude to extra fees stresses affordability and openness, which appeals. We admit high-tech access to a range of instruments and multiple platforms either for manual, algorithmic, or social trading. It is definitely a great advantage that worldtradex offers both industry popular MetaTrader platform and its own proprietary App. We review Trading212, an online platform prides itself in Its variety of features, including a wide range of assets to trade and a user-friendly interface covering its reliability, regulation and fees.
Therefore, it is doubtful that the ‘worldtradex scam’ is a correct evaluation of the our activities. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Minimum deposits at worldtradex will vary depending on your country of residence and your chosen payment method.