The website also has a dedicated FAQ https://worldtradex.pro/ section intended to help with more general queries about the broker’s services. MT4’s app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult.
ECN Account
worldtradex offers a variety of account types tailored to meet the diverse needs of its clients, ranging from beginners to experienced traders. Each account type is designed with different features and benefits to cater to various trading styles, risk appetites, and investment levels. worldtradex recognizes the importance of equipping traders with the knowledge and tools necessary to succeed in the financial markets. The broker offers a range of research and educational resources aimed at both novice and experienced traders, although there is room for enhancement, especially for beginners seeking more comprehensive materials. You will find plenty of choice when it comes to trading instruments at worldtradex as they have more than 300 financial instruments from 6 asset classes with some of the most competitive conditions.
What are the account types?
Known for its user-friendly trading environment, worldtradex caters to both beginners and professional traders, providing competitive spreads and robust trading platforms like MetaTrader 4. Venture into the world of trading with worldtradex, where you have the opportunity to explore over 300 trading instruments spanning across six versatile asset classes utilizing the premier trading platform—MetaTrader 4. Gain direct access to a plethora of markets, including forex, shares, metals, futures, commodities, and indices. Delve into the global financial landscapes by buying or selling your chosen assets via CFDs and unearthing trading prospects with either flexible or fixed spreads. As a distinguished online broker, worldtradex stands as your reliable partner for navigating through global financial markets, offering an unparalleled array of stocks, indices, metals, commodities, and futures.
worldtradex Customer Support
Clients are encouraged to check with the broker directly for regional restrictions.
What funding options does worldtradex offer?
- You can choose between the Standard, Premium, Privilege and Cent accounts.
- Client Money held outside Seychelles may be subject to the jurisdiction of that territory and Client rights may differ accordingly.
- These accounts charge a commission per trade, typically ranging from $3 to $7 per lot, depending on the account type and the asset being traded.
- By considering the needs of both novice and professional traders, we deliver well-rounded evaluations that highlight both the strengths and areas for improvement for each broker.
- This ensures that the broker is licenced, well registered, and regulated by the Seychelles Financial Services Authority.
The broker operates on a Straight-Through-Processing (STP) basis without a dealing desk. Order requests are transmitted to the interbank level, where worldtradex’s liquidity providers fill them. As long as there is enough liquidity in the market, all order requests will be filled at varying speeds. The easiest way to get in touch with worldtradex is live chat, which is available from the bottom-right corner of the main page.
- This includes pros, cons and an overall rating based on our findings.
- We aim to help you find the best broker according to your own needs.
- We urge clients to peruse our legal documents meticulously to comprehend our assorted agreements, policies, and risk disclosures.
- The broker has also issued a 3% inactivity fee that is charged whenever a client has deposited funds and then requested a withdrawal without having executed a single trade.
- Expanding their offerings with more in-depth courses, interactive webinars, and personalized learning paths could enhance the overall educational experience.
Regardless of your trading proficiency, our platforms empower you to delve into diverse market prospects seamlessly. Leverage our MT4 or WebTrader to advance your trading acumen, benefiting from access to over 300 tradable instruments encompassing six distinctive asset classes, all consolidated on a singular, coherent platform. We have instilled a culture that prioritizes the customer, intertwining a user-centric paradigm with profound trading proficiency. Our ambition is to preserve and enhance our stature as a trustworthy and reliable broker, meeting and exceeding our clients’ expectations consistently. Our extensive range of services and 24-hour multilingual support are the cornerstones upon which we have constructed an intricate and transparent trading environment, catering to traders of all calibers.
My tests indicate that worldtradex’s trading fees exceed the industry average. Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000. I performed my tests on a Standard worldtradex trading account using the desktop and mobile app versions of the MetaTrader 4 platform. The account was opened with the Tradeco Limited entity of the broker.