All trading has a certain amount of risk attached to it, including worldtradex. It’s important to assess advantages and disadvantages and make the best personal choice. With this particular broker it’s important to think about high leverage. While this is a positive aspect, it can work in the opposite direction too. We have talked about the pros and cons, pricing, customer reviews, and main features. It’s important to remember that this broker isn’t available for everyone, due to geographical restrictions.
Regulation and Safety: 3/5
The dedication to impeccable service quality is evident through the rigorous order execution audits worldtradex undergoes monthly. These are conducted by Verify My Trade, an independent third-party auditor, to validate compliance with the highest execution standards. The extensive audit report is readily accessible in the public domain, symbolizing transparency and commitment to accountability.
Based on the provided information, one can conclude that worldtradex has high reliability and regulation. This sentiment indicator can also be used to identify ideal market entry points when trend correction or reversal. Please make sure your comments are relevant and that they do not promote anything. Whether you decide to go with worldtradex or not, remember that the key to successful trading isn’t just about choosing the right broker. The biggest disadvantage of worldtradex is its limited availability. It has wide reach in Latin American countries, Asia, and Africa, in fact over 100 countries.
Customer Reviews
As per the company’s privacy regulations, customer data is to not be shared with any other institutions or individuals. 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. You are able to make use of an option for Two Factor Authentications (2FA) with worldtradex for heightened safety.
worldtradex Trading Platforms
Unlike many other brokers, worldtradex does not impose any non-trading fees, such as withdrawal or inactivity charges. Below, we will discuss these fees in more detail, helping traders understand how they might impact overall profitability. The proprietary copy trading service, which requires a minimum deposit of $100, presents a quality alternative to the embedded MT4/MT5 copy trading services.
The automatic stop-out level is at 20%, except for the EXN account, which is at 40%. My review did not uncover malpractice or fraud, and I rank this broker as a legit and safe brokerage with an excellent score for transparency. worldtradex provides free trading signals from third-party Autochartist. Autochartist automatically identifies chart patterns and key price levels, using this information to predict the most likely direction of the trend. A full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair). The table below lists the protections and benefits by entity, regulator, and region.
- Customers can deposit money into their Skrill wallet using various options for payment, including credit bank transfer, card, and several alternative payment methods.
- The MetaTrader 5 mobile app also provides many order types, including pending and stop orders.
- worldtradex also caters to beginners with its various educational resources, webinars, and demo accounts.
- To qualify, traders only need to make a minimum deposit into their trading account, instantly boosting their available funds and allowing for more flexible trading opportunities.
- I assess the articles as concise, insightful, and providing traders with concepts that can be quickly applied in the market.
What payment methods can I use to deposit funds?
Another concern with online trading brokers with regards to security may be manipulation of trading. However, this is much more widespread in the example of Market Maker agents who compete with users on the stage. worldtradex is a trading partner which has found its way successfully to the brokerage world. Within this review, we’ve attempted to collate some of the vital facets of worldtradex. This guide can help you to learn whether worldtradex is a great match for your own investments or not.
Is my money safe with worldtradex?
- They also offer a range of trading platforms, along with an app for on the go trading.
- Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.
- worldtradex have a nice variety of methods for depositing and withdrawing funds from your trading account.
- This helps to ensure that worldtradex offer good trading conditions to their clients from across the globe.
- Whilst MT5 maintains most of the core features and functionality of MT4, it also has extended capabilities.
- This is important in case there is some market news that I need to quickly try and capitalise on.
The more prestigious the package, the more opportunities and bonuses a trader gets. One of the most significant privileges is the ongoing personal support of one of the company’s elite consultants. TopBrokers.com will not accept any liability https://worldtradex.site/ for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.
They also offer a range of trading platforms, along with an app for on the go trading. worldtradex offers an extensive selection of tradable instruments, giving traders the flexibility to diversify their portfolios across multiple markets. The platform provides access to a wide range of forex pairs, including major, minor, and exotic currencies, allowing traders to capitalize on global market movements. In addition to forex, worldtradex offers a variety of commodities, including popular options like gold and silver, which are ideal for those seeking to hedge or invest in physical assets. Furthermore, the platform supports major cryptocurrencies, providing modern trading opportunities for digital asset enthusiasts.
The service enables customers to transfer funds to a bank account in another country using their bank card. It was in the year 2015 that Skrill was acquired by the Paysafe Group along with former competitor Neteller and the prepaid payment company paysafecard. With this virtual worldtradexdemo account, you are able to experiment in any way, to whatever period you desire.
