It’s a trading technique that isn’t allowed on the agent’s platform. You should refer to worldtradexFX’s provisions and conditions Worldtradex to see more about its policies. You’ll discover the clean layout of this platform and the commendable features are pleasant to work with. Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal.
They provide ECN execution which is popular among scalpers for its high speed. The broker also offers copy trading services an accessible minimum deposit. The broker offers three primary account types, each with unique quality. The account types are worldtradexTrader, MT4 and MT5 accounts for every trading platform the broker provides. The worldtradexTrader account is known for its versatility, whereas the MT5 account is technically advanced, and the MT4 account type has a simple user interface.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Over the past 11 years, worldtradexFX has become one of the leading online brokers available to the public. As a copier here, you also will not be charged any other commission besides that set by the person you are copying.
New instruments: XTIUSD and XBRUSD
For those reasons, our team here at Investingoal is happy to recommend worldtradexFX as a top choice for scalping. worldtradexFX usually processes withdrawal requests within 1 to 3 hours. However, your payment system will determine how long it will take before the payment gets to you.
Another strength of the platform lies in professional tools, such as level 2 market data, partial fills, a full-size tick chart, and an economic calendar. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to our users. Our proprietary rating algorithm takes all of the datapoints to generate the rating.
MetaTrader 4 Android
- The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers.
- If you sign up for a demo account with worldtradexFX, you may set out using a decent amount of virtual currency.
- When you transfer money in your trading account from the bank account, a deposit fee can be billed by the broker.
- Don’t worry if it looks complicated at first – we’ll break it down together.
Here is a look at a couple of other fees that you may encounter when trading with worldtradexFX. In some places, you will also be allowed to make deposits through Bitcoin. 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.
Customer Service
To qualify, you must deposit at least $50 to get a 50% bonus of that amount. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported. This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. worldtradexFX Islamic accounts are available quickly and conveniently where needed by simply clicking “swap-free” when you open a new account. If you need an worldtradexFX Islamic account, then these are also available. Here will have an account that is totally Sharia law compliant and benefit from the award-winning service of worldtradexFX in the area.
Does worldtradexFX offer email customer support?
- We have worked to gather hundreds of data points about worldtradexFX to give you the most comprehensive guide available.
- Register and follow our trading account opening process.
- Furthermore, your funds will always be held in segregated accounts with top-tier banks when you trade with worldtradexFX.
- This account type is a great starter account, though at the moment is not available to EU traders.
This bonus is also withdrawable though you must meet certain terms and conditions set by the broker. During this period you will be featured on a leaderboard for your virtual trades with the aim to reach the top where real prizes of up to $1,000 withdrawable money on MT4. Again the platform is available on all mediums and a webtrader is offered. MT5 is also equally lightweight and can run on almost any device. 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. MetaTrader is further renowned as one of the most comprehensive platforms in this area.
This seems like the perfect choice for novice traders to trade without any risks and access advanced trading features at the same time. Moreover, you can also participate in demo contests arranged by the broker and earn actual cash rewards. The worldtradexFX app is also available for traders to download and practice convenient trading from anywhere in the world.
This is the same as 0.01 standard lots, or equal to $1,000 in cash value. The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known. 4 of these are available for trading through MT4 and this offering includes major indices from the EU, US, Australia, and Japan. These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with the oil commodities only being available to trade through MT5.
The account base currency is that which you trade in with the broker. At worldtradexFX, there are only two base currencies available. These are, EUR within the EU, and both EUR, and USD for traders outside the EU. This is rather a limited selection compared with other top brokers. You can look forward to trading with the MT5 trading platform on this account where the spreads start at great value from 0.2 pips. The platform itself is https://worldtradex.live/ easy to use on both sides and provides you with a good ability to see the performance of other traders and a number of metrics.
Open an worldtradex account
This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs. Yes, worldtradexFX offers customer support over the telephone. To begin trading using worldtradexFX, you have to deposit $5. Any processing fees from your bank might have to be incurred by you.
worldtradexFX Review: Pros and Cons Uncovered 2025
The best of both worlds, it offers a modern interface that’s easy to learn and tinker with, along with a complete selection of instruments. With worldtradexTrader, you can trade and manage all your accounts in a single web or mobile app. We don’t take any commissions on deposits and withdrawals, and our spreads (difference between the Buy and Sell price) are among the lowest in the industry.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight rates are those who are billed when you hold a leveraged position for longer than a day.
Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs. This makes it perfect for new traders and those beginners starting out. If you are trading from outside the EU, the minimum deposit will be $25 with the worldtradexFX Micro account. The first, and best place for most traders to get started is an worldtradexFX demo account. Here you can learn the ropes, ideal for a beginner, with no obligation to enter live trading. A demo account is for learners that want to practice with fake money.
