worldtradex Review 2025: Is This Forex Trading Broker Scam or Legit?

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.

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Bank transfers can take a few days to get to you although worldtradex itself processes them within just 1 business day. worldtradex does not charge any bank withdrawal fees for traders based in Australia. This move demonstrates the broker’s commitment to providing more cost-effective trading solutions for its clients.

This data can aid in identifying optimal entry and exit points, devising trade scenarios, and validating short-term strategies using indicators. The research section includes a Daily Report, Technical Report, weekly Market Insights outlook, and a Fundamental Analysis section featuring daily articles on global markets. I was disappointed to see a lack of updated content within the Forex News section. worldtradex houses most of their own research materials in the Traders Hub section of their website, categorized into technical and fundamental analysis. Similarly, Gold spreads were observed at 0.18 pips on the Standard account versus 0.08 pips on the Raw account. In practical terms, I encountered GBP/USD spreads at 1.9 pips on the Standard account compared to 0.8 pips on the Raw account.

What is worldtradex? – The company presented

Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. In this segment, we will take a closer look at potential alternative brokers before we conclude the article. Each broker has its strength and weakness, but it is crucial for you to find a provider which fits your needs and you feel comfortable with.

Fees & Costs

Learn more about capital.com and dedicated yourself to which broker is better for you. This includes Trading Glossary that will help you understand trading terms, FAQ Section, Support Hub that tackles more about trading and analysis, Newsletter, and Free eBooks for trading. Lastly, the Premier IRESS Account requires a $50,000 AUD or equivalent minimum deposit.

Educational materials at worldtradex

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 https://worldtradex.club/ 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 research is suitable for traders to improve trading knowledge and skills.

Established broker worldtradex has provided a strong trading environment since 2005 under the regulation of ASIC and CySEC. Having access to more than 10,000 financial instruments covering Forex, CFDs, Commodities, and Cryptocurrencies, worldtradex meets different trading tastes. 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. worldtradex provides an excellent range of platforms to meet various trading tastes and suite wide range of best strategies. Platform including MetaTrader 4, MetaTrader 5, cTrader, TradingView and Proprietary Software along with social and Copy trading platforms.

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worldtradex uses ECN execution with a fiber optic connection to a high-end server at the NY4 Equinix facility in New York. More than 10,000 stock CFDs are available to FP Market clients based in Australia. worldtradex provides a variety of account types tailored to different trading needs and experience levels. Everything is great apart from the trading experience i have faced been stopped out of multiple trades without the market price actually being there.

  • It features a user-friendly interface that offers advanced charting capabilities, facilitating technical analysis with precision and ease.
  • To understand the real reviews, traders should focus on the content of the reviews.
  • Lastly, it will ask you to answer some questions, and then once you are done, you can start trading.
  • worldtradex offers free educational videos, training guides, live webinars, podcasts, events, platform tutorials, eBooks, a trading glossary and newsletters.
  • worldtradex’ excellent MetaTrader offering had it finishing Best in Class for MetaTrader in our 2025 Annual Awards.
  • They are authorized and regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of St. Vincent and the Grenadines.

These include ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (St. Vincent and the Grenadines), FSA (Seychelles), FSC (Mauritius) and CMA (Kenya). While these industry awards offer insight into worldtradex reputation, they should be considered alongside regulatory compliance, financial stability, platform quality, customer service, and trading conditions. Overall, worldtradex makes it easy to withdraw funds, but traders should https://worldtradex.world/ check the fees and limits involved to ensure a hassle-free experience when accessing their funds. This type of account is ideal for traders who work with smaller volumes or are fine-tuning their strategies. worldtradex offers 24/5 customer support, available through various communication channels including phone, email, live chat, and social media. From video tutorials and webinars to articles, podcasts, and trading guides, the broker offers a comprehensive range of learning materials.

Only investors based in Australia can have access to Australian-listed stocks. Commission-free and commission-based options are among the two main account models worldtradex provides, which cater to distinct various trading strategies and preferences. This adaptability matches what Vantage and Pepperstone provide too, although it might not be as thorough as some other Brokers with more specialized accounts. Live chat, phone, and email support is provided  24/7 customer service from worldtradex. Although their help is usually receptive and informative enough, brokers like Pepperstone have been praised for their quality of customer service alike. Another good addition we found, is that worldtradex gives back to their clients by reimbursing VPS purchase.

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