Worldtradex Review 2025 Choose an Experienced Broker

They have a dedicated team of experts who are always available to answer any queries or provide assistance when needed. The customer service team can be contacted via email, phone or live chat which makes it very convenient for clients to get help quickly. Worldtradex does impose an inactivity fee if there are no trades executed within a three-month span. However, traders can easily sidestep this fee by making at least one trade every quarter. It’s worth noting that, depending on your location, additional taxes or government-imposed fees may apply.

Account and Setup

Review updates ensure that all the information we provide is current and correct. Visit the Forex Video Library to find videos on how to use the various platforms available with Worldtradex. You will find videos outlining basic as well as advanced features offered by the platforms. When it comes to communicating with the broker and getting the information you need, Worldtradex offers email, phone, and live chat support. These are just a few materials a beginner can find at Worldtradex to enhance their trading knowledge and skills. There are also other mediums, such as interactive videos, glossaries, and FAQs that are designed to answer your questions about trading forex, stocks, and other instruments.

When it comes to MetaTrader 4, you get pretty much the same features that you have with Trading Station. On top of that, you can also use the Virtual Private Server (VPS) and can use scalping strategies too. You can also enjoy stop-loss/take-profit orders and the ability to partially close positions. Customer support is available over the phone, by email or through Live Chat 6 days a week, Sunday through Friday. There is also an extensive FAQ page with sections for general questions, various product info, and trading information covering the majority of the enquiries you may have.

During our review of the broker, we were happy to learn that Worldtradex is an international brokerage that was established in 1999 and has been operating ever since. In its 20+ https://worldtradex.online/ years of existence, Worldtradex has received many awards and has been listed in the Fortune 500. Such a professional attitude further establishes the fact that Worldtradex is a trustworthy broker that’s worth trading with.

Worldtradex also offers negative balance protection for clients onboarded under the regulated entities. If your trading leads to a negative balance that is greater than this, Worldtradex will hold you responsible for the difference. Worldtradex stores client funds in segregated accounts, ensuring that if Worldtradex were to become insolvent, client funds could not be used as a reimbursement for creditors.

Worldtradex is also a member of Leucadia, now known as Jefferies Financial Group, which is a well-established American financial company that is listed on the Fortune 500. Your Worldtradex experience also comes complete with 70+ tradable instruments, ultra-fast executions, and strict regulation. During our Worldtradex review, we also explored what bonuses and promotions the broker had to offer. Unfortunately, Worldtradex does not offer deposit bonuses to standard clients, although you can benefit from rebates with the Active Trader program. What’s particularly advantageous of these deposit methods is that Worldtradex doesn’t charge you any transaction fees.

• You also cannot use the research function within the platform, requiring traders to go between the platform and a browser.
• During our review of the broker, our team wasn’t able to find bonuses for international clients of Worldtradex.
• By choosing ZuluTrade as your trading platform, you can copy professional traders’ moves and benefit from various risk management tools to protect your funds.
• To top it off, Worldtradex proudly presents some of the industry’s most competitive trading fees.

Range of investments

During our review of the broker, our team wasn’t able to find bonuses for international clients of Worldtradex. This is not something to be disheartened by, however, as it shows that Worldtradex has clearly chosen to push its lucrative trading conditions over short-lived incentives. These regulatory materials, which are beyond a doubt some of the most powerful licenses in the industry, ensure the highest financial standards at the Worldtradex online broker. Client funds are stored separately from the broker’s accounts too, meaning they cannot be spent on operational costs. If you are in the UK or Europe, your funds are also protected against insolvency up to 85,000 GBP. The Worldtradex online forex broker came into existence in 1999 in London, UK.

Since 2015, Leucadia has been the majority economic owner of the broker, adding to the platform’s scale. Worldtradex is regulated by the FCA (Financial Conduct Authority) in the U.K., which includes default insurance of up to GBP 50,000 for Worldtradex and up to GBP 85,000 if the custodial bank fails. Worldtradex is also regulated by ASIC in Australia, and FSCA in South Africa. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Worldtradex is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies.

News

It requires a Capital Markets Services (CMS) License issued by the financial regulatory authorities. Tradomatix does not engage in any activity that involves holding custody of investor funds. Clients have full custody of funds with authorised and regulated liquidity providers. Making investment decisions or placing discretionary trades on clients’ behalf is a highly regulated activity. It requires a Capital Markets Services (CMS) License issued by financial regulatory authorities.

An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.

Opening an account with Worldtradex

• These are all best for advanced traders due to the limited information available on their use.
• What sets Worldtradex apart is its arsenal of potent trading tools, designed to cater to traders of all levels.
• There are enough educational tools to give beginners a head start, particularly when combined with the demo account.
• Worldtradex is a market maker broker that is transparent about both its execution policy and its slippage statistics.

Trading platforms often come with charting, research, and order processing tools. Worldtradex offers multiple payment methods, regardless of where in the world you live. Deposits are always free of charge and are typically available in your account instantly.

Deposits by debit or credit card typically take 1 business day, although it can be less. A bank wire deposit can take 1 or 2 business days for domestic transfers and 3-5 business days for international ones. The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month. Worldtradex has a section dedicated to ‘Forex Trading for Beginners’, which is a full course for beginners. It starts with an introduction to forex and also covers topics such as pips, leverage, and developing a strategy. In other words, you can trade indices from the United States, Australia, China, Spain, France, Germany, Hong Kong, Japan, and the United Kingdom.

With a commitment to transparency, Worldtradex charges zero commissions on all trades and offers some of the industry’s most appealing spreads on major currency pairs. What’s more, their remarkably low minimum deposit requirement of just $50 paves the way for newcomers to embark on their trading journey with ease. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. What truly sets Worldtradex apart is its unwavering commitment to delivering top-tier customer service.

As you review Worldtradex’s fees and commissions, you will notice that the broker is highly competitive in this area. Spreads¹ for the EUR/USD start at 1.3 pips as per Worldtradex’s spread report (Q1 2021), and there are no fees for deposits or most withdrawal methods. Worldtradex does not charge commissions² either, and pricing is clear and reliable. In fact, our Worldtradex review team considers it to be one of the best forex brokers for low-cost trading. Having custody of (access to) investor funds is a highly regulated activity.

Bolstered by a great and long history, Worldtradex offers valuable trading conditions, excellent client safety, and a wide range of trading instruments. As you can also take advantage of educational materials and advanced platforms, we’re sure it’ll suit you no matter your level of skill or budget. For traders who appreciate advanced trading tools and quality market research, Worldtradex is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow.

In its 20+ years of operations, the broker has received many prestigious awards, including the Best Forex Broker of the Year – 2013 and Best Customer Support. Worldtradex offers 7 cryptocurrency CFDs, including Bitcoin, Ethereum, and Ripple. To diversify your portfolio further, you can also trade the CryptoMajor basket.

From tutorials and webinars to trading guides and market insights, Worldtradex has it all. They even have a Trading Academy with courses for beginner, intermediate and advanced traders. Plus, they provide a variety of tools such as charting software, trading calculators and real-time news updates. All these resources can help traders develop their own strategies that work best for them. Worldtradex’s MT4 desktop version streamlines trading, enabling traders to effortlessly manage positions, set take-profit and stop-loss Worldtradex forex broker orders, and navigate multiple markets simultaneously.