worldtradex reviews: read fresh reviews of the broker by real users and trading experts

It can literally save you from hours of scanning the charts and it’s great that the broker provides it free of charge. You can also get it through some other brokers including Forex.com. Yes, worldtradexFX offers a demo account where you can practice trading with virtual funds.

Bonus Offer for Forextraders Visitors

The next potential alternative you could consider is RoboForex. What makes this broker unique is it its large variety of tradable assets and the laser-fast order execution. They offer seven asset classes and more than 12,000 markets to trade.

Are there any restrictions on worldtradexFX withdrawals?

You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. We found the support team very responsive but uninformed. Alongside industry standards such as an Economic Calendar, Profit, and Trading Calculators, worldtradex also offers an Account Monitoring tool and Autochartist. First off, you will notice when you are trading at worldtradexFX that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions. MetaTrader is further renowned as one of the most comprehensive platforms in this area.

Overall, worldtradex’s platform support is about average when compared to other brokers. Additionally, MT4 and MT5 are generally more difficult to set up and are less user-friendly than the web-based platforms available at some other brokers. The app also lets you manage any bonuses or contest accounts you have open with worldtradex. Overall, we liked how user-friendly the app is; its simple design will appeal to beginner traders. worldtradex has its own easy-to-use trading app called worldtradextrader and also supports both the MT4 and MT5 apps. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl.

Is worldtradex a good broker?

You only pay the built-in spread, which starts from 0.9 points on certain stocks. And unlike holding coins in a wallet, my crypto CFD trades aren’t at risk from hacking, lost keys or forgotten passwords. Trading through my broker keeps things simple while I learn.

Demo Account

• I use bank cards and they are always pretty fast compared to others.
• The videos are supported on YouTube, and much of the content is archived.
• MT5 includes Level 2 Pricing, Robotic System Trading, Higher Chatting, VPS Support, and Education Market.
• Easy to operate copy trading app makes my life much easier.
• For articles, a handful exists bordering a wide range of topics ranging from risk management procedures and trading techniques.
• The minimum deposit you can invest is $ 50, which is guaranteed at a much lower price than other brokers in the market.
• worldtradexFX is a reliable broker and has been on the market for more than 11 years now.

We were also pleased to find that all accounts are swap-free. All Indian residents are eligible to open an account at worldtradex if they meet the minimum deposit requirements stipulated by their chosen deposit method. The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature. 4 of these are available for trading through MT4 and this offering includes major indices from the EU, US, Australia, and Japan.

Although worldtradexFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. worldtradexFx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data. worldtradexFx seems to pay concise attention to clients’ education. The company’s educational library is well maintained and offers rich learning resources that includes webinars, articles, platform tutorial videos and a video course.

• Coming to leveraged overnight holdings, the broker charges no swaps.
• Upgrading to a live account requires a bit more leg-work but is by no means arduous.
• These were some of my first questions when I started researching worldtradexFX too.
• We were also pleased to find that all accounts are swap-free.
• If you see a drop in the market price, then you need to click on ‘Sell’.
• You will get additional money to increase your margin if you activate the bonus.

Still, we don’t recommend you open trades without careful analysis and applying tactics to reduce the risk. These tactics include the responsible usage of leverage, using the stop loss function, and keeping an eye on your trading volumes. With worldtradexFX, you always have control over your portfolio and the copied trades. Just deposit money into your account, pick a successful trader, and start an invention. For trading with real money, you will need to verify your account. That means worldtradexFX will require some documents to verify your identity.

I appreciated that it has begun producing videos on advanced topics, such as Elliot https://worldtradex.pro/ Wave trading. worldtradex’s market research is well organized and varied in its content. Rather than specializing in any one field, worldtradex provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, worldtradex has room to enhance its research offering. For instance, I found that the content on the worldtradex Blog is not updated daily across all categories.