Blog

According to him, he lost money with the broker despite being promised to receive a good return using the copy trading services. He believed the company only focused on advertisement instead of ensuring the overall level Worldtradex company reviews of its services. Other members also accused the broker of poor trade execution, ambiguous copy trading services and a slow withdrawal process. To cut a long story short, the Quora community is unlikely to recommend someone signing up with worldtradexFX. Unlike Reddit, Quora members don’t look much happier with the worldtradexFX. Except for a few people, the majority were casting their votes against it.

The broker takes between 1-3 business days to process bank transfers. worldtradexFX is a forex broker headquartered in St. Vincent and the Grenadines. It offers trading instruments from multiple global exchanges and provides services to people in over 150 different countries. The firm asserts that it complies with all applicable local and international laws and regulations, while CySEC is the only regulator overseeing it. worldtradex’s trading environment is best for regular market participants for active traders.

worldtradex reviews—by real traders

This is a major downside, considering 2FA has become a standard feature on most financial platforms to add an extra layer of account protection. Before diving into the full worldtradexFX review, here’s a quick snapshot of the platform to help you understand its most important features at a glance, from supported instruments to trading fees. It supports multi-instrument trading, offers several user-friendly interfaces, and backs it all up with responsive, multilingual customer support. Read what actual users and industry experts say about us online in broker reviews. You can develop your own set of rules for trade entries and exits with the help of automated trading robots (Expert Advisors), which help avoid instinctual blunders while trading.

• We admit high-tech access to a range of instruments and multiple platforms either for manual, algorithmic, or social trading.
• Concerning withdrawals, it only takes a few clicks to transfer your earnings to your chosen bank account or electronic wallet.
• The broker that can be trusted, not manipulative with fees and orders.
• We have a complete worldtradex copy trading review you can check out later.
• Strategic guidance based on your trading style, helping you identify patterns and shape a more effective trading approach.

Regarding index trading, investors assess market performance using stock prices. Even though an index comprises a statistical value, it is possible to speculate for changes in index values via derivatives. The Dow Jones, NASDAQ, Nikkei, and Eurostoxx 50 are just a few of the 10+ widely traded indices you can trade with worldtradexFX. Yet, if you still prefer to use high leverage, the international entity of worldtradex Leverage still allows so.

What Reddit Users Say About worldtradexFX

worldtradex also covers fees so you may access your moany at any time and receive it relatively quickly. Usually, worldtradex confirms withdrawals within 1-2 business days, but allow extra days for your Bank to process the transaction. Designed to appeal to both beginners and advanced traders, the worldtradex Desktop MetaTrader 4 (MT4) platform is much praised for its reliability and adaptability. The software showed robust charting tools and broad technical analysis capabilities throughout testing, therefore enabling users to personalize their trading environment properly.

Are there any commissions or fees for trading with worldtradexFX?

worldtradexFX offers seven withdrawal options to transfer funds from MT4, MT5, or worldtradexTrader accounts securely and without broker-side fees. worldtradexFX operates actively in Southeast Asia, the Middle East, and parts of Africa and Latin America. It’s particularly popular in countries like Indonesia and Malaysia. However, note that worldtradexFX operates under limited regulatory oversight. Its global entity isn’t licensed by top-tier regulators such as the Financial Conduct Authority (FCA) in the UK and the Securities and Exchange Commission (SEC) in the US. Well, it’s not officially authorized by SEBI, India’s financial regulator.

• Conditions are also based on enityt, as EU account offering is different.
• worldtradexFX holds regulations from the Cyprus Securities and Investment Commission (CySEC) and fully complies with AML directives.
• worldtradexTrader has a user-friendly interface that makes it easy for traders to navigate and execute trades.
• As a Invesmtnet Opportunitites avilable at worldtradex we will mark availability of Copy Trading which is a good option for various traders.
• MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS.

worldtradexFX Trading Platforms

In Islamic finance, earning or paying interest (riba) is prohibited, so this account type excludes overnight swap charges on open positions. Traders can activate the Islamic account when signing up or later via account settings. This option helps ensure trading remains halal while still accessing the same tools and features as regular accounts. Other platforms like Bybit also offer Islamic accounts with similar benefits. In addition to language support, worldtradexFX adapts payment methods based on the user’s location, and crypto transfers are available for all. For example, users in Indonesia can make deposits and withdrawals via QRIS, bank transfers, or local e-wallets, while users in other countries may see options like Skrill or Neteller.

See how leading review platforms in the trading industry rate us. Learn from the experience of Muhamad, a successful Indonesian trader. Learn how he started trading with worldtradex and check out his tips for beginner traders. It’s easy to add cryptocurrencies to your list of instruments on the MT4 platform. On desktop, simply right-click on the list of symbols and select the Show All option.

This diverse asset selection allows for multi-strategy trading and portfolio diversification. Click the «Go to Website» button on this page to reach the broker’s application form. Usually, you’ll withdraw using the same method you used to deposit. In the next section, we’ll talk about how to manage your trade once https://worldtradex.club/ it’s open.

This program allows users to unlock different levels of benefits based on their trading account balance. worldtradexFX offers multiple instruments across various asset classes, giving traders the flexibility to diversify their strategies. You can trade forex pairs, cryptocurrencies, commodities, indices, and stock CFDs. worldtradexFX offers multiple trading platforms to suit different user preferences and experience levels. Choose between the classic MetaTrader 4 (MT4), the more advanced MetaTrader 5 (MT5), or worldtradexFX’s own worldtradexTrader, which provides a modern, user-friendly interface.

Deposit/Withdrawal Fees

Clients can access all the supported platforms using an internet-connected device or download and install them on their computers and android or iOS-based mobile phones. Both MetaTrader 4 and 5 are widely acknowledged as the most powerful and flexible trading platforms, while worldtradexTrader also comes with powerful features required for a meaningful trading experience. worldtradex, formerly known as worldtradexFX, is a leading online forex broker founded back in 2011.

Although the exchange promotes low-cost trading, some specific fees and limits vary depending on the asset type and payment method. All of these make worldtradexTrader particularly useful for beginners. In some cases, traders reported that their bank transfer withdrawals were denied. Even after switching to an alternative like Visa, it was still rejected.