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. 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.

worldtradexFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. Here are a few of the worldtradexFX account types you can look forward to trading with once you get started. The dashboard includes a “Monitoring” area where users can view and share their performance, charts, profits, orders, and history with others. Both the user and any interested party can access this section to see the performance of https://worldtradex.bid/ accounts that have opted for public visibility.

Leverage

Download the worldtradexFX MetaTrader 4 Program free of charge from Apple’s App Store. worldtradexFX customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go. worldtradexFX, as a company, has a powerful collection of rules for ensuring honest trading on its own platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL). worldtradexFX acknowledges the importance of having a fast order execution.

Pros and Cons of Regulation and Safety of Funds

Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website. 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.

In case you don’t, please feel free to contact us via Our dedicated 24/7 support team is available in English, Indonesian, Malay, and more. On forex, precious metals and indices, there are also no commissions. Just super tight spreads starting from 0 pips on certain currency pairs and indices. By the end of this review, you’ll know exactly what to expect from worldtradexFX and whether or not they are a legit and reliable broker to trade with. We’ll even compare them to other top forex brokers so you can make an informed decision. Finding a trustworthy forex broker can feel like navigating a minefield.

• We’re glad to hear you find the app good and enjoyable to use.Regarding the spreads, we appreciate your feedback.
• Moreover, ensure the worldtradexFX broker’s offerings, trading tools, fees, and regulation align with your objectives.
• Within Europe, the minimum deposit on the available account types of MT5 Pro is $50.
• Reviews are updated regularly to ensure that every trader has the most up-to-date information before making a choice.
• Added to that the fact they do only offer a limited range of base currencies and not many deposit or withdrawal methods and you can see the limitations of this otherwise popular broker choice.

All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we Worldtradex scam have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. worldtradexFX offers a variety of deposit and withdrawal methods to accommodate traders worldwide, ensuring transactions are convenient, fast, and cost-effective. With versatile accounts and a hassle-free setup process, worldtradexFX offers an inclusive trading environment suitable for traders worldwide.

Inactivity Fee

Additionally, the worldtradex platform features a one-click trading button that cannot be removed, which poses a risk since clicking it executes trades without confirmation. Capital amounts, margin, and other details are clearly visible. Alerts and each executed order are notified through browser notifications. After selecting this option, we entered the amount, wallet address, and a security PIN (sent via email during the account setup with worldtradex). The request was completed in under a minute and did not require sending an email or notifying customer service. During certain events, worldtradex offers a bonus where you can claim up to a 100% deposit bonus.

As a copier here, you also will not be charged any other commission besides that set by the person you are copying. This amount can vary depending on the master as they have freedom to individually set commission. Depending on your location, you may be eligible for an worldtradexFX deposit bonus of 50%. To qualify, you must deposit at least $50 to get a 50% bonus of that amount. 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.

In 2012, it started organizing courses, and in 2013, it introduced its first bonuses. As part of its expansion, worldtradex launched a program for Introducing Brokers in 2014 and introduced the cTrader platform (currently unavailable). Since 2016, the MetaTrader 5 platform has been available, coinciding with the launch of educational content. In 2017, Autochartist was introduced, along with cryptocurrency trading and the first proprietary apps with market information, which would later evolve into the worldtradex app in the following year. In 2019, worldtradex announced that its MT4 and MT5 accounts would not incur swaps or any type of commission.

Spreads

You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. The 50% bonus is more applicable to experienced traders or those confident in a long-term relationship with the broker. Using worldtradex allows clients to trade in micro and mini lots on its platforms, which is particularly beneficial for new traders or those seeking a more cautious approach in their risk-management strategy. While you can deposit funds in various currencies, these will be converted to USD at the exchange rate set by the payment system you use.

Fees

Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. Regarding trading conditions, spreads are at the industry level. This is a distinct characteristic that avoids surprises, which are mostly negative for traders, especially on certain days when swaps can be doubled. In terms of tools, traders can choose the most convenient platform among worldtradex Trader, MT4, and MT5.

• Both the user and any interested party can access this section to see the performance of accounts that have opted for public visibility.
• You just need to finish a single-user profile questionnaire to start depositing money into your trading account.
• Understand the trading resources available with worldtradexFX, Startrader & freetrade below.
• Yes, trading through worldtradexFX is a pleasant and good experience indeed.
• The spreads for both the MT4 and MT5 accounts are floating and start at 0.7 pips.

Their extensive educational resources include articles, video courses, and webinars. Beginners will appreciate the platform’s demo accounts, ability to trade in micro-lots, and robust educational tools. worldtradexFX offers demo accounts for the convenience of new traders. You can use this feature to build your faith in the machine and yourself and your trading strategies. worldtradexFX provides a highly accessible Copy Trading service, designed to benefit both beginners and experienced traders. This feature allows users to replicate the trading strategies of successful traders (referred to as “Master Traders”) automatically.

Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device. Here is a more detailed look at the wide range of top trading platforms you can expect to find when you are trading at worldtradexFX, and what they can provide you with. These are all useful and important tools to utilize for any forex trader on all platforms and brokers. The worldtradexFX Masters fee is applied if you are copy trading with the broker. This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be.