worldtradex Review 2025 A Must Read Before Trading

This review of worldtradex evaluates the day trading experience, drawing from firsthand tests and comparisons with suitable alternatives from our extensive database of over 500 online brokers. All of these must be issued within the last 3 months to the time of your registration. After all these, you can deposit into your trading account and start trading the various instruments that worldtradex offers. The minimum amount you can deposit into the trading account is AUD $100, or equivalent. The financing rates are low, which means traders don’t get exorbitant fees for using leverage to boost their capital and potential profits.

Generally, the commission structure of worldtradex is competitive in the market, which qualifies for both consumers and professional traders seeking for reasonably priced trading options. Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site.

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

You can definitely get a glimpse of how to install it, navigate, use the market watch, trade terminal, and place different order types. Flexibility is one of the advantages of worldtradex in terms of payment service. It offers more than ten flexible funding options in 10 different base currencies.

worldtradex Tools and Resources

Make sure that you have withdrawn all of your funds before the closure. The broker holds these funds in segregated accounts which means they do not get mixed with the broker’s own funds. Then, the broker complies with the Australian Client Money Rules under the Corporations Act when administering clients’ funds. It is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission, and the Financial Services Authority (FSA) of St. Vincent and the Grenadines.

I’ve had the opportunity to engage with worldtradex’ live chat support, and I must say I’ve been impressed by their swift response time, averaging under one minute. Yet while the trading courses are categorized by experience level, I’ve noticed that the advanced section is somewhat lacking, comprising only three video courses. However, other sections of the site offer progress-tracking and quizzes, enhancing the learning experience. I’m also excited to see worldtradex has expanded its platform selection https://worldtradex.site/ by incorporating trading directly from within TradingView, a fantastic charting solution and social trading network.

It’s unfortunate that worldtradex doesn’t offer any passive income options, such as earning interest on unused account balances, unlike competitors like eToro and XTB, which offer up to 5.3% and 5.2% respectively on cash balances. However, it’s important to note that if your worldtradex demo account remains inactive for more than 30 days, it will expire. Note that as a result of rules stipulated by the regulator, worldtradex has the responsibility to keep the records of clients’ transactions for up to 7 years. The data is, however, protected in compliance with data protection laws of Australia. Each of the Forex and IRESS accounts has different types of accounts. Then, there is a section on Fundamental Analysis where “global fundamental analysis” reports are published for each week, giving a rundown of the conditions across all markets.

The company complies with the most stringent regulations for investor protection, which are laid out by its regulator – ASIC. worldtradex commits to adhere to strict capital payout obligations and has a risk management program to ensure its clients’ safety. My mission with TrustedBrokers is to help you find the right broker for you, whether you’re a beginner or a pro. I’ve personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades.

  • worldtradex presents the strong MetaTrader 5 (MT5) platform for desktop trading that gives multi-asset traders a sophisticated and feature-rich experience.
  • What’s more, traders get access to a wider range of assets and lots of educational and research tools that will bolster their trading.
  • Before trading real money, we highly recommend getting a Demo Account first for unintentional trades.
  • Traders and investors also able to trade the Mexican Peso (MXN), Brazilian Real (BRL), and South African Rand (ZAR) against the US Dollar through the MT4 & MT5 Trading Platforms.
  • This comprehensive offering makes worldtradex a versatile platform for both individual and wholesale traders.
  • So with worldtradex sign up as being regulated broker there are various safety measures applied.

Exness vs ThinkMarkets Compared 2025: Features, Pros, Cons, and More!

worldtradex also earned Best in Class honors for Commissions and Fees in our 2025 Annual Awards. It’s worth noting that worldtradex’ share CFD offering on Iress provides Direct Market Access (DMA) in terms of its pricing and execution process, including full depth of book available within the platform. That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts. The Standard account is designed for beginners and intermediate traders, offering commission-free trading with competitive spreads from 1.0 pip for Forex and Metals. It also does not have any investor protection scheme for non-UK/EU traders. Additionally, worldtradex does not offer any real stocks or cryptocurrencies; it offers only forex and derivatives.

Recent Fee Reductions

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Prompt response from Fpmarkets customer agent and the brilliant assistance I got from Mr Michael was superb, I am so thrilled.Thank you. Timmy Xu https://worldtradex.club/ is always goes above & beyond to sort out any issues that you may have.

The broker won the Best Global Value Forex Broker by the Global Forex Awards for 3 consecutive years. Additional Research tools like economic calendar, calculators, Technical and Fundamental analysis are some of the obvious tools that keep traders updated about forthcoming events that can influence the market’s movement. The regulatory status is indeed the most important measure while choosing a Broker, as in simple words it means a client is treated fairly and safely according to international laws and requirements. So with worldtradex sign up as being regulated broker there are various safety measures applied. worldtradex is a popular and large Forex Broker that provide professional trading experience for quite long time since the broker was established in 2005 and ever since serve over 12,000 clients worldwide.

How to open worldtradex Live account?

E-wallets are usually the fastest, while bank transfers may take one to five business days, and credit/debit card withdrawals typically require two to five business days. We built the website to assist forex traders in finding the right forex brokers to trade with ease. We are committed to transparency, accuracy, and comprehensive insights.

They offer 15 Index CFDs, including popular choices like the US100, US500 and UK100. Additionally, 8 indices can be accessed through Direct Market Access (DMA), such as the Nasdaq 100 E-Mini, DJIA E-Mini (CBOT), Mini SPI 200, Nikkei 225 (CME), DAX Index, SPI 200, S&P 500 E-Mini and Euro Stoxx 50. There is a minimum deposit of $100 AUD (or equivalent) for Standard and Raw Accounts. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with worldtradex please share your personal review of the broker and what you think are strong and weak points.

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