worldtradex Review 2025: Pros & Cons

Notably, 5+ cryptos are also available to trade on the broker as CFDs. It provides a demo account, offering a risk-free environment for practice. Managed accounts are available for those preferring professional management. The broker’s user-friendly interface, educational resources, and demo account make it suitable for beginners. Simultaneously, its extensive range of instruments, low spreads, and advanced trading tools cater to professional traders. However, it’s important to note that worldtradex does not currently accept traders from the United States.

He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Platforms available as a Web Trading platform and supporting other versions too. worldtradex spread is defined by the account type , thus the Standard account Spreads starting from 1 pip and the Raw Account proposes spreads from  0.0 pips. However, the Raw account charges a commission to every order, which is defined by the instrument and is 3$ for Forex instruments, 3.5$ for Metals and offers 0$ commission on commodities or cryptocurrencies. On the flip side Spreads for Stocks are higher, also some withdrawals add on commission, also it is worth checking the conditions under the entity of worldtradex you would trade since they are different. Lastly, Instruments are mainly based on CFDs and there is no real Investment in Stocks or Shares available, yet it is not a big Con since worldtradex specializes particularly as CFD trading provider.

Deposit and Withdrawals

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. Myfxbook is a platform by worldtradex that provides the Autotrade system to copy the wide range of successful trade systems into the MetaTrader 4 trading accounts. The Autotrade system can be added and removed anytime as per the client’s preference. There is no need to collect the data and calculate profits etc. since everything is automated on this platform.

I’ve used a VPS to run MT4 strategies overnight, and it’s reassuring to know the platform stays online regardless of power outages or software updates on your personal machine. Most VPS providers also offer built-in redundancies to avoid downtime, which is critical when every price tick could trigger a trade. A forex VPS gives you a stable, always-on environment for running trading strategies, especially automated systems like expert advisors (EAs). Even if your home internet disconnects or your computer shuts down unexpectedly or for an update, your VPS keeps running in the cloud without interruption. The base plan starts at $35 per month (or $28 when billed annually), and includes a dual-core CPU, 4GB RAM, and 100GB SSD storage. The wide choice of geographic locations allows traders to place their VPS closer to their broker’s servers, improving performance.

Powerful Trade Analysis Tools

• Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables.
• If you’re manually placing trades during market hours, or only trade while you’re at your computer, a VPS likely won’t offer much benefit.
• This is especially useful when you want the system to operate 24/5 without relying on your home internet or your computer staying on.
• worldtradex strives to provide valuable educational and research resources to its traders, although there is room for further enhancement and expansion in comparison to certain industry leaders.

worldtradex offers a comprehensive range of trading options and competitive pricing. With platforms such as MetaTrader 4, MetaTrader 5, cTrader, and TradingView traders can access a variety of instruments, including Forex, CFDs, Stocks, and Cryptocurrencies. The broker offers low trading costs and high leverage options, making it suitable for both novice and experienced traders. Additionally, worldtradex ensures the safety of client funds by keeping them in segregated accounts with top-tier banks, providing peace of mind for users.

Testing worldtradex’s Customer Support

While European clients under CySEC have the added benefit from the Investor Compensation Fund. Here you can find what Forex Peace Army users think about worldtradex. This comprehensive offering makes worldtradex a versatile platform for both individual and wholesale traders. Other useful tools include Trading Central, TradeMedic, AutoChartist, Toolbox (12 online trading tools through MT4/5), MyFXBook and Signal Start.

These desktop apps provide advanced charting tools, user-friendly interfaces, and support for MetaTrader, algo-trading, and copy trading, making them suitable for traders of all levels and preferences. worldtradex offers 24/7 customer support to both retail and professional clients globally through various channels, including phone / call back service, email, live chat, and social media. The company showcases its customer service awards and emphasizes delivering personalized and proactive support. worldtradex’ Raw account is designed for more experienced high-volume traders, offering commission-based trading with spreads from 0.0 pips. The $6 round-turn commission per standard lot with tight spreads may suit those who are looking to scalp or day trade.

worldtradex operates on a clear commission structure defined by  account type. While the Standard account usually does not have a commission but rather includes spreads starting from 1.0 pips, the broker charges $3 per side for each lot for its Raw account. The Raw account appeals especially to high-frequency traders because of its reduced spreads and clear pricing. worldtradex also offers traders rebate chances so they may recoup some of the expenses related to trading activity. 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.

Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA). Many forex brokers host their servers inside Equinix data centers, which are major hubs for financial trading infrastructure.

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Deposit Options at worldtradex

• Another good addition we found, is that worldtradex gives back to their clients by reimbursing VPS purchase.
• The closer they are, the lower the latency, which can help your trades execute faster.
• Its Supersonic plan includes 2GB RAM, 1 vCPU, 60GB SSD, and MT4 pre-installed.
• The broker ensures traders may find the greatest match for their strategy by offering multiple platforms, including MetaTrader 4, MetaTrader 5, cTrader, TradingView and proprietary Platforms.
• There is a wide range of funding options available for deposits and withdrawals.

That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts. 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. With no real money at risk, the demo account simulates live trading circumstances. The trader can encounter several aspects despite the fact that the funds are virtual. When a trader is ready, they can open a Demo account, which includes all the features of a live account. MAM is a Multi-Account Manager in which the sub-allocations of trades are done by a portfolio manager.

The user also mentioned that the spreads and trading conditions are good even in volatile market conditions. One of the users raised a query on Quora regarding the legit status of worldtradex, in response to that, Kane Ferdinand shared his personal experience and referred to it as a promising broker. To make up for their limited options, FP Market has set up an organized FAQ page on their website to give as much information and answers to commonly asked questions regarding trading, fees and trading platforms for example.

Whether it’s their infamous CopyTrader or global outreach that caught your attention, there is no doubt that eToro is a top broker. This review will discuss how to open an account with eToro, regulations, online trading fees, spreads, leverage, verification process, safety measures and deposit & withdrawal methods. Another Reddit user, who also doubles as an worldtradex client, wrote about their positive experience in their review of the broker. They not only praised the tight spreads it offers but also the trading platforms it provides. The platforms are frequently updated and the users are happy about it. The mobile trading app offers 60+ currency pairs including major currencies like EUR, GBP, USD, and AUD.

worldtradex Additional Fees

The platform also includes over 15 equity index CFDs, 8 additional index CFDs through Direct Market Access, and a variety of commodities comprising 17 metals, 5 energy products, and 7 soft commodities. Additionally, worldtradex offers 12 major and minor cryptocurrency CFDs with availability depending on the region. For Australian clients using the IRESS platform, they provide access to up to 10,000 traditional stock CFDs. worldtradex provides multiple trading platforms, including MT4, MT5 and cTrader, each supporting a variety of languages to accommodate its global clientele. MT4 and MT5 supports over 30 languages while cTrader platform also offers similar multilingual support.

The FAQs are categorized into different categories and a search bar is also available to help find the answers to the questions. Moreover, multilingual customer support is available 24/7 on the mobile trading app. The desktop trading platform offers sophisticated automated trading tools for unending price quotes, charts, and trading strategy monitoring. You can design custom trading robots and indicators using the MQL5 programming language, according to your trading preferences.

Other than that, he was satisfied with the swap rates and the availability of a real person customer service representative. worldtradex has a 4.9/5 rating on Trustpilot – which is an exceptional rating for a forex broker. According to his comments, it was evident that the customer service team issued prompt responses.

As Top-grade regulators like ASIC and CySEC control worldtradex’ operations,  this ensures rigorous compliance with financial rules and transparency, besides worldtradex offering always stands clear and consistently improves. For beginners we would strongly advise the Broker for the priceless educational materials worldtradex provides, the availability of Demo Account and Perfectly Organized community and Blog sections. The market analysis, seminars, webinars, video tutorials are of excellent quality, where market Worldtradex forex brokers reviews research is suitable for traders to improve trading knowledge and skills. In addition to all the customer services mentioned above, the broker also has social media handles to keep their customers up to date.