There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). worldtradex customers can choose from a good range of deposit and withdrawal methods. Traders can use the free MT4 download to install the platform on desktop devices, including Mac. worldtradex does not apply deposit or withdrawal fees but third-party fees will apply. Overall, worldtradex can be summarised as a trustworthy and regulated broker that is authorized and regulated by the Financial Sector Conduct Authority. worldtradex also prioritizes security through account segregation, negative balance protection, and investor protection schemes.
worldtradex gives its clients great exposure to global markets and industry-leading companies from the United States, Europe, the United Kingdom, and more. CFDs are available on shares by Walt Disney, Cisco Systems, Facebook, JPMorgan Chase & Co., HP, Apple, HSBC, eBay, Google, Lloyds, Samsung Electronics, Airbus, and many more. An FX withdrawal takes between one and ten business days, dependent on the payment processors and the geographic location of traders. worldtradex accepts traders resident in most countries except the USA, Iran, Cuba, Sudan, Syria, and North Korea.
Best FCA Forex Brokers
Spreads may be Fixed or Floating depending on the worldtradex account type selected. Potential clients without sufficient knowledge should seek individual advice from an authorized source. The secure worldtradex back office handles all financial transactions for verified clients. worldtradex received numerous awards for various aspects of its competitive trading environment. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability.
Under FCA regulations, worldtradex includes the FSCS insurance, but with them, each client is insured up to £1,000,000 in the unlikely event of the company running into liquidity or solvency problems. Another option is to use the WebTrader, which is the browser-based version of MT4 and it is fully synchronized with it. The web terminal is a modern, fast HTML5 application that runs on any computer system without the need Worldtradex website to download any additional browser plug-ins and add-ons. However it’s important to note that this review focuses specifically on worldtradex offered by Notesco Limited and registered in Bermuda. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
worldtradex provides IBs with comprehensive marketing materials, a dedicated partner portal for tracking performance, and 24/5 professional support in multiple languages. worldtradex employs advanced security protocols to protect client data, privacy, and funds, ensuring a safe trading environment. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. Broker now has a global presence with offices in more than 60 countries and customers in over 180 countries that it supports in 45 different languages.
Customer Support
The application also asks traders to select their account type, base currency, followed by the desired password for the back office. I like the trading fees in the worldtradex Absolute Zero account, where traders get commission-free spreads from 0.3 pips. VPS hosting exists for algorithmic traders and copy trading services are also available with a balanced asset selection and active trading community. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
Trading with worldtradex will involve fees from $100 USD, spreads from 1.6 pips, and commission-free trading depending on the account traders select. In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed.
- For instance, it has 3 types of charts, namely bars, Japanese candlesticks, and broken line, but it features only 30 of the most popular technical indicators.
- Yes, spreads are indicative and can widen during volatile market conditions, particularly during the night trading session.
- This review will fully report worldtradex’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods.
Is worldtradex good for beginners?
worldtradex lists no expiry times, which is great, as all demo traders require unlimited access. While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment. worldtradex is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses.
Range of Markets
The Battle of Traders is a trading competition running from April 1 to June 30, 2025, with a total prize pool of $500,000. Traders can participate by opening a competition account and meeting the minimum deposit requirements. With numerous educational resources, worldtradex is ideal for beginners looking to enhance their trading skills. Moreover, Traders can trust worldtradex due to its regulation by respected authorities like the FCA. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
worldtradex Bitcoin Trading
worldtradex offers CFDs on popular indices, including DAX, S&P 500, Nasdaq, Dow Jones, Euro Stoxx 50, FTSE 100, France CAC40, and many more. Margin requirements on index CFDs are as low as 1%, which means that traders who have a capital of only $100 can control a $10,000 position. There are a number of other benefits for those who wish to speculate on market indices – high volatility, low costs, and leverage, which gives traders more flexibility. Traders must ensure they execute risk management to avoid magnified losses. worldtradex offers negative balance protection, meaning traders can never lose more than their deposits. Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance.
- All of the accounts currently supported by worldtradex allow dealing in minimum lot sizes of 0.01.
- With a secure withdrawal process limited to Bank Wire, worldtradex ensures the safety of your funds.
- Traders can deposit funds into their accounts via a wide range of payment methods, including traditional options such as bank wire and credit/debit cards.
- It is also one of the few brokers on the market who have prepared various bonuses and promotions for its clients.
Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. The Introducing Broker program at worldtradex presents a lucrative opportunity for independent brokers to generate revenue while offering significant advantages to their clients. With a solid commission structure, cash rewards, and comprehensive marketing support, IBs can effectively attract and retain traders.
But that is not all, via the phone they can be reached in many more countries – for free. worldtradex offers Bitocin trading with CFDs without a need to have a wallet. This is a good way to profit from the cryptocurrency’s volatility since with CFDs one can trade when the price is falling. With Bitcoin wallet this would mean the total value of your wallet is being reduced. Clients can also download MT4 Advanced, which comes equipped with front-end terminals and back-office reporting functions, as well as automated strategies and the ability to use Expert Advisors (EA). EAs are automated trading bots, which can be customized by the trader and used for robot trading based on preset rules and conditions.
MetaTrader 4 or MT4 can be downloaded directly from the worldtradex website for those who prefer the downloadable software package. With it, clients have access to more than 200 financial instruments in Forex, shares, spot indices, spot metals, futures, and commodities. The platform is fully customizable and offers advanced charting and a wide range of indicators, as well as useful Activity Reports, and online streaming news. Traders should also consider potential third-party processing costs and currency conversion fees.
Overall, worldtradex is considered safe for SA based traders due to their regulation with FSCA & multiple other top-tier regulators. As per our research, worldtradex is a well regulated forex broker that is authorized under 4 Top-tier regulations. The processing time for withdrawals via Bank Wire may vary, but it typically takes a few business days for the funds to reach your account.
Low spreads and high-leverage options make worldtradex attractive for active traders. Furthermore, while worldtradex offers many benefits, mixed reviews about customer support indicate that potential clients should weigh this aspect carefully. worldtradex processes payments in several different currencies and deposits in any other currency would be converted into the base currency of the client account.
