worldtradexFX Review 2025 Fees, Platforms, Apps, Pros & Cons

Posted October 5, 2023

worldtradex Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that European traders or those clients that are registered with worldtradex European entity will fall under ESMA regulation Leverage. By means of Expert Advisors (EAs), MT4 supports automated trading, therefore improving trading efficiency and facilitating users to apply algorithmic techniques effortlessly. The trading experience is enhanced by the availability of more than 25,000 custom indicators and plugins; the interface is simple, and navigation is easy. Fee table see below, also always consider other than trading fees like funding fees and inactivity.

worldtradexFX App

Here is a closer look at a few of these features and how they can benefit you as an worldtradexFX trader. These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with the oil commodities only being available to trade through MT5. Unlike most brokers, worldtradexFX does not charge any kind of inactivity fee.

Disappointing Customer Service and Unjustified Account Deductions

Yes, worldtradexFX requires identity and credential verification before activating an account.
For more experienced traders, worldtradex provides advanced analytical tools, including charting capabilities and various technical indicators.
Offering 10+ market indices, worldtradexFx Index trading tries to set up clients for a new experience with an exposure to a broader market.
In terms of the time it takes, wire transfers can take 3-7 business days to complete, while the other deposit methods are all typically instant.
Upon selection, traders can establish a Copier Account within the worldtradexFX environment.
This physical office presence is still quite light compared with other major brokers, but worldtradexFX does offer trading worldwide.

For traders—especially scalpers—this low spread structure is helpful since it lowers the total trading expenses and increases profit possibilities. worldtradex broker offers three account types available at International porposal that also define trading conditions by the platform that is used for trading itself. Conditions are also based on enityt, as EU account offering is different. Overall, with our research we find worldtradex ensures that customer information stays private by using cutting-edge encryption technologies to guard financial transactions and sensitive data. The broker also provides negative balance protection, therefore shielding customers from losing more than their account balance in a declining market.

Additionally, the steps on how to create an account and the verification processes will also be covered.
In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency.
Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account.
Fee table see below, also always consider other than trading fees like funding fees and inactivity.
It features attractive charts for all three account types, allowing trading and modifications.

There are more technical and fundamental indicators for chart analysis, 21 timeframes, graphical objects, support for more order types, an economic calendar and more. I would say this is a good stock trading platform for those of you who are looking for something more than just forex. MT5 is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). With 54B+ trading volume and 933K+ positions opened, Alvexo has grown to accommodate an ever-growing 300K+ members. This review will explore the broker’s regulations, online trading fees, safety policies, leverage, spread, deposit & withdrawal methods and account opening processes at Alvexo.

worldtradexFX stands out as a versatile and cost-effective broker, appealing to traders across various experience levels. Established in 2011, it has built a strong reputation for offering competitive trading conditions, robust platforms, and a user-friendly environment. With regulation by CySEC and the Mwali International Services Authority, traders can trust worldtradexFX for secure and compliant operations. Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning.

A trader working with a broker entity regulated offshore would not necessarily have these benefits. The CySEC requires brokers to keep client funds securely segregated, maintain sufficient capital, submit regular financial reporting, process withdrawals timely, and follow ethical trading practices. Luckily, worldtradexFX stands out for keeping their fees and commissions competitive across all their different account types.

Copy trading is awesome for people like…

These extra funds can be used for trading, enabling traders to strengthen their positions and strategies. Finally, worldtradexFX demonstrates its commitment to excellent client interaction by expanding its customer service capabilities with an interactive online chat system. This tool connects traders with nimble representatives who respond quickly to questions and expertly handle any technical challenges encountered during trading. The most popular platform offered by worldtradexFX is MetaTrader 4 (MT4), which is known for its versatility and compatibility with automated trading systems. Additionally, worldtradexFX offers other platforms like MetaTrader 5 (MT5) and cTrader, ensuring that all traders can find the platform that best suits their needs. Over a week-long testing period, I probed customer support with dozens of inquiries, ranging from available tools to fees and questions relating to the security of client accounts.

worldtradex Markets Ltd. holds an International Brokerage and Clearing House License, further enhancing its credibility. Additionally, worldtradexFX is registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines, offering a robust multi-jurisdictional regulatory framework. Yes, worldtradexFX offers a demo account where you can practice trading with virtual funds.

This value-added feature enables traders to run their automated trading strategies 24 hours a day, seven days a week, without relying on the availability of their devices. Spreads provided by worldtradexFX vary based on the commissions charged by brokers and the market conditions prevailing during trading. Aside from the expected advanced order types, MT5 includes a built-in economic calendar within the trading interface.

Does worldtradexFX offer a demo account?

Incorporated in St. Vincent and the Grenadines but operating primarily out of Jakarta it has developed a strong client base in the Asia-Pacific region. worldtradexFX does, however, cover the global markets, serves customers in over 100 countries and also has offices in Spain, Cyprus and Malaysia. worldtradexFX has built a solid reputation in the forex/CFD trading space. Whilst the range of instruments available to trade is somewhat limited in comparison to other brokers, there are quite a few innovative features that help them stand out from the crowd in other ways. Robo and copy trading, in particular, are both areas where they appear to be aiming to gain an advantage over the rest of the market.

However, once the process is completed, they can easily add additional accounts with just one click. Should you need it though, the customer service team is available through live chat, phone, and email to deal efficiently with any problems that may arise. The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform Worldtradex reviews among the community. 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. Even though the spreads can also be very low on MT4, and MT5 accounts, as low as 0.2 pips. There may also be a fixed exchange rate in place to benefit you as a trader depending on location.

The range of deposit methods is decent, covering traditional, e-wallet and crypto, giving you a great choice of how to deposit (and withdraw) with no fees. Amongst the new features and platform improvements, you can still automate your trades with MetaTrader 5 and Expert Advisors. If you are interested in automating share CFDs, MT5 is the only platform on worldtradex to provide this. 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.

In my view, worldtradex’s tight spreads, extensive research and educational materials, and diverse payment options truly reflect its innovative approach and dedication to meeting client needs. A demo account is perfect for beginners to learn trading basics or for experienced traders to test new strategies. worldtradexFX is committed to providing a secure and transparent trading environment for its clients. The broker operates under multiple regulatory frameworks to ensure compliance with international financial standards. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union.

Research and Trading Tool Comparison

Between 74-89% of retail investor accounts lose money when trading CFDs. There are a maximum of 28 currency pairs, 3 cryptocurrencies, 10 indices, 4 metals, and 2 energy markets. Mobile trading is one of worldtradexFX’s strong suits; all the apps are available for Android and Apple devices and through each provider’s app store. The MetaTrader app offers a smooth transition from desktop to mobile trading and is a widely used tool that will already be very familiar to a lot of traders. Founded in 2011 and taking advantage of being something of a second-generation broker, worldtradexFX provides a user-friendly and distinctive approach to trading the financial markets.