With a minimum deposit of $350 and base currencies in EUR, USD, or GBP, forex traders and other traders can access Worldtradex’s services through their MT4 platform, WebTrader, and mobile platforms. Additionally, they offer a free demo account to practice on their platforms. Deposits are free and instant, but clients might need to pay third-party charges depending on their payment method. Depending on the payment method, deposit times can take up to 24 hours, and for bank wires deposits may take up to 5 business days. Withdrawal times vary depending on the payment provider but range from the same day up to 10 business days.
While withdrawals take some time, the platform https://worldtradex.blog/ itself is stable and user-friendly. The Privilege account offers all the features of Standard and Premium accounts. The main difference is in the spreads, with an average spread of 1.1 pips. NBP helps protect traders against large losses in case of sudden market movements. It functions as a mechanism that prevents the account balance from going into negative figures, ensuring that traders don’t end up owing money to the broker.
The spread levels on major pairs are reasonable, though they can be higher on exotics. WebTrader is definitely helpful on the go, but its functionality is limited compared to the desktop version. Overall, everything runs smoothly, and I especially liked the straightforward verification process. In adition to trading services and tools that I can use for trading, broker has a lot of analytical resources that I use for analytics.
Negative Balance Protection
- They provide traders with assistance when it comes to trading accounts, deposits, withdrawals, and more.
- Traders can also use the platform’s web version to access the markets from any computer with an internet connection.
- Worldtradex also provides a negative balance protection policy to ensure that traders’ funds do not go below zero.
- The broker offers webinars, podcasts, and various video-on-demand services to help traders better understand the financial markets and improve their trading skills.
Overall, Worldtradex is a well-regulated broker providing a secure trading environment for traders. Worldtradex also provides a negative balance protection policy to ensure that traders’ funds do not go below zero. This is one of the benefits provided by the broker and ensures that traders do not lose more money than they have invested. The leverage level can be adjusted to suit the specific requirements of traders, allowing them to take control of their trading strategies. For instance, a forex trader with $250 in their account can take a position worth up to $250,000 through leveraging. I use Worldtradex as an alternative to my main broker and have also noted decent execution—which is important for an STP broker.
Traders who need more stability during trading can choose the fixed spread account because fixed spreads help to reduce their trading costs. The broker’s low spreads make it one of the most competitive brokers in the market. The company has no authorisation to operate as an investment firm in Denmark. If you use an investment platform without a license to trade financial instruments, you are not ensured investor protection.
- Overall, Worldtradex is a well-regulated broker providing a secure trading environment for traders.
- The spread levels on major pairs are reasonable, though they can be higher on exotics.
- Worldtradex offers 300+ financial instruments across 6 asset classes, including forex, metals, futures, commodities, shares, and indices through CFDs.
- It functions as a mechanism that prevents the account balance from going into negative figures, ensuring that traders don’t end up owing money to the broker.
This means, among other things, that investors cannot issue a complaint to The Danish Financial Complaint Board and that the investments are not covered by the Danish Guarantee Fund. Thus, it is unlikely that you will get your money back if things go wrong. Regardless of whether you trade forex or other financial instruments, Worldtradex equips you with the tools you need to make informed decisions and succeed in your trading activities. The MT4 platform is available as different versions, such as the desktop version and the mobile app. Traders can also use the platform’s web version to access the markets from any computer with an internet connection.
Worldtradex offers 300+ financial instruments across 6 asset classes, including forex, metals, futures, commodities, shares, and indices through CFDs. These markets are accessible via the MT4 trading platform, one of the most popular platforms among traders. In addition, the MT4 platform provides traders with comprehensive trading tools and features to create their trading strategies. Worldtradex, regulated under the Seychelles Financial Services Authority, offers a wide range of trading instruments, including forex, futures, commodities, shares, and indices.
Spread fees
Your review has been sent for the moderation and will be posted on the broker page after approval. Withdrawal times vary depending on the Payment provider but range from the same day to 10 business days.
Caractéristiques clés de la plateforme de trading de
Worldtradex offers a wide range of payment methods for deposits and withdrawals, including credit/debit cards, bank wire transfers, and e-wallets. The broker provides various financial instruments, including forex, metals, futures, commodities, shares, and indices. Most of these instruments have tight spreads, which makes trading with Worldtradex a cost-effective option. For withdrawals and deposits, Worldtradex does not charge any extra fees for using their payment gateways.
Deposit and withdrawal processes are protected with the latest SSL encryption and other security technologies. As the broker is regulated, clients should complete their KYC that is in line with the Seychelles Financial Services Authority. It’s a good broker with nice trading conditions and everything works well with the processes scammed by Worldtradex very simplified. This website does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products.
Worldtradex is regulated and authorized by the Seychelles Financial Services Authority (FSA) which ensures that Worldtradex complies with all applicable laws and regulations. Client funds are kept in segregated accounts in top-tier banks, and the broker also implements the latest encryption technology to protect clients’ personal and financial data. The support team is quick to respond and helpful, which makes a difference.
These products are traded on margin and carry a high level of risk and it is possible to lose all your capital. They may not be suitable for everyone and you should ensure that you understand the risks involved. In addition, Worldtradex charges swap fees if the positions remain open overnight. But during the high volatile market such that we are witnessing right now because of the tariffs, it would be better to focus on other assets. Dear Abagourram Abdellah,Thank you for providing the requested information.We would like to inform you that your case has already been forwarded to our Complaints Department.
Frais de négociation et spread
The Worldtradex platform also offers a detailed charting package, helping traders to make better trading decisions. With a deep liquidity pool in futures trading, traders can take large positions without worrying about slippage. Worldtradex’s top priority is to ensure security and reliability for their clients as well as offering round-the-clock customer service for quick resolution of traders’ queries.
Worldtradex also provides a wealth of educational resources for traders of all levels, from beginners to advanced. The broker offers webinars, podcasts, and various video-on-demand services to help traders better understand the financial markets and improve their trading skills. Like most brokers, Worldtradex charges swap fees for long and short positions that remain open overnight. However, the broker offers a swap-free account option for Islamic traders who want to trade but cannot earn or pay interest due to their religious beliefs. Worldtradex offers clients the powerful MetaTrader 4 (MT4) trading platform, one of the most popular platforms among traders. The user-friendly interface of MT4 makes it easy for traders to execute trades quickly and monitor the markets with ease.
Je dirais que les spreads sont…
Rates and terms set on third-party websites are subject to change without notice. The Danish FSA’s business register contains information on which companies are authorised to offer financial services in Denmark. The Danish FSA’s website also contains information on identifying fraud companies and how to avoid them, under Avoid fraud. Hi Sébastien Thibault,We love to hear what our customers have to say, and your feedback has been very insightful! Dear users,This review was not submitted by a verified client of Worldtradex and seems to be an attempt to damage our reputation. Trustpilot is a trusted platform, and we believe in the importance of honest and accurate reviews.Kind regards,Worldtradex ⚡️Empowering traders.