However, you must pass the verification process to start live trading with Worldtradex, which can take up to a few business days. However, remember that you won’t be able to make trades on Worldtradex until you have passed compliance, which may take several days, depending on your circumstances. It’s essential to complete the Worldtradex KYC compliance process as soon as possible to avoid any delays in accessing the Worldtradex platform’s features. Explore the Worldtradex platform and train yourself to think systematically and logically about the markets.
Additional methods of support include the Worldtradex extensive FAQ page and comprehensive education centre. Here, Worldtradex provides traders with an immense amount of informative content which has been very well organized. When a qualifying deposit is https://worldtradex.site/ made, Worldtradex instantly credits a 40% bonus to the trader’s account.
Which Countries do Worldtradex support?
This can be beneficial for those who regularly exchange, for example daily or weekly trading. You can start using the MetaTrader 4 platform with Worldtradex in multiple formats including through an online web platform, or through a downloadable application for Windows PC’s and Mac’s. Worldtradex allows traders to trade on mobile devices through Android and iOS devices.
Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.
Is Worldtradex an ECN broker?
He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. It allows scalping strategies and offers fast execution and low spreads. To delete your Worldtradex account, you need to contact their customer support and follow the necessary procedures they provide. User reviews of the Worldtradex mobile application are pretty positive.
Commission And Fees Explained
Trading is available in several languages, making it an ideal choice for those who want to trade in their native language. While Worldtradex is available to a wide number of Latin America, Asian, and African citizens, there are many limitations. Residents of the EU/EEA, and UK cannot use this broker, along with US residents. In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply. Payoneer’s customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
Worldtradex Regulators and Investor Protection
- It is a unique tool that allows you to work effectively with several accounts (up to 128 accounts).
- DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
- Yes, both platforms are available for iOS and Android, allowing you to trade on the go.
The Worldtradex MT4 user-friendly interface and highly customizable trading environment allow traders to scammed by Worldtradex tailor the Worldtradex platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Worldtradex traders to analyze price movements and make informed trading decisions. That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets.
- Worldtradex provides an extensive set of tools and services useful for both novices and experienced traders.
- Worldtradex also pays a bonus for traders who switch from another broker and if they want to transfer open positions.
- Payoneer, an American financial services company, offers online money transfer and digital payment services.
- As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
- Over 1,000,000+ users registered with them can affirm to their trustworthy nature.
- Visiting many broker websites, all of which have different language uses.
It’s crucial to do your due diligence and research the reputation, track record and trust worthyness of Worldtradex. You must also ensure the Worldtradex broker’s profile, trading tools, fees and regulation aligns with your needs and goals. Yes, the Fixed account offers fixed spreads starting from 3 pips with no commissions. MetaTrader 4 is an industry standard, favored for its beginner-friendly design, wide array of indicators (30), and support for 9 timeframes. It includes a simple strategy tester and locking options, making it ideal for those new to trading while still offering essential features for professionals. The Financial Commission is an independent mediator ensuring transparency in financial services and offers compensation of up to €20,000 per trade claim.
However, it may not be ideal for beginners or those seeking regulators with more stringent oversight. Worldtradex’ live chat feature offers instant access to customer support, allowing traders to receive real-time assistance directly from the trading platform. Available 24/7, the live chat service is perfect for quick questions, troubleshooting, and immediate help with trading operations. Reliable customer support is essential when trading with any broker, and Worldtradex recognizes this importance by offering efficient and accessible service. Traders can reach Worldtradex’ support team 24/7 through multiple channels, including email, phone, and live chat.
This detailed Worldtradex review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex. Yes, both platforms are available for iOS and Android, allowing you to trade on the go. Whether you’re an agent or a webmaster, Worldtradex provides all the tools and support needed to succeed in the partnership program. Simply sign up, select your preferred partnership model, and start referring clients using the promo materials provided by Worldtradex. Yes, Worldtradex’ order execution quality is audited monthly by Verify My Trade to ensure compliance with the best execution standards.
Yes, Worldtradex offers a demo account, allowing traders to practice and familiarize themselves with the platform without risking real money. Worldtradex offers a wide range of deposit and withdrawal methods, including cryptocurrencies, allowing clients to choose the most convenient payment system for their transactions with the broker. In our review of Worldtradex, we applied our methodology specifically designed to ensure accuracy, transparency, and depth of analysis. Our approach encompasses a comprehensive examination of the broker’s offerings, evaluation of educational resources, assessment of customer support operations, and many other aspects. Worldtradex places a strong emphasis on trader education, understanding that informed traders are more likely to succeed.
Worldtradex is known for its reliable operations, business stability, and robust client protection policies. Additionally, it undergoes monthly audits by Verify My Trade to ensure top-tier order execution. 🛡️Regulated and trusted by the MISA, FSC, and, the FSA.🛡️1400 new traders chose this broker in the last 90 days.🛡️Available for global Traders. Worldtradex received a Medium score for the efficiency and convenience of its deposit and withdrawal processes. It’s comfortable to work with them, and the MetaTrader 4 platform runs smoothly without any glitches.
I rate the well-structured Worldtradex research section among the best in the industry in quality and quantity. MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free. Worldtradex also has the MT4 MultiTerminal for asset managers and traders with multiple accounts. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based ECN account. All trading comes with the risk of market volatility and with high leverage, the results can be worsened. For this reason, always trade sensibly and with caution, and keep an eye on market movements.