Pal, you are missing a lot if you haven’t followed it yet. I recommend giving it a try.For me, this is the perfect way to stay connected with the latest market news and hot topics. Usually, it lasts around two hours and is broadcasted around the start of the European session, which is perfect timing.What they do….

What funding options does worldtradex offer?

  • They are so properly and professionally designed, that when I show some of my friends, they can’t believe it.
  • Hence, the company is still working on developing a strong brand name that is trusted internationally.
  • MetaTrader 4 has many essential features, such as one-click trading, an alarm setting option, and a depth of markets tool.
  • Hi Nasser A.,We really appreciate you sharing your worldtradex experience with us!
  • I quite enjoyed worldtradex’s educational guides covering very basic trading topics that novice traders are likely to ask.
  • So you can basically figure out what level you’re on, learn on that level, and proceed to the next level and literally become a better, more informed trader and trade accordingly.
  • I conducted my test on 18 December at around 9.50 am CET via live chat.

Meanwhile, the mobile app version of the platform supports trading on the go. They are so properly and professionally designed, that when I show some of my friends, they can’t believe it. Because, they support multiple languages, so if you are not a native English speaker, that’s totally fine as well because your language is probably there.

Deposit & Withdrawal Fees

Other things worked just fine for me, tight spreads on privilege account and prompt answers from customer support, were additional pluses to the platform. The time it takes to process withdrawals can depend on the chosen method and other factors, and traders should consider their individual needs and circumstances when selecting the most suitable option for their transactions. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold.

The table shows how much you will have to pay to https://worldtradex.pro/ trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10. The competitiveness of worldtradex’s fees depends on the asset classes traded. For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable. However, the broker’s spreads on currency pairs are quite elevated.

  • As a novice trader who started making use of worldtradex several months now, it is very easy to use and scale through.
  • The market is continually evolving and never static, so it is important to hone your skills in a safe environment.
  • I suggest checking out the free ebooks available on its platform.
  • Your account should reflect your goals, needs, and ambitions on the market.
  • This was a reason to start trading with worldtradex broker.
  • Any information on these websites is not considered investment advice or an investment recommendation, but instead a marketing communication.

Do i have to deposit only in us dollars? does the broker accept any other currency than that?

At worldtradex, we are fully committed to transparency, professionalism, and fostering trust in all our interactions. While we welcome all constructive feedback, it’s important to ensure it adheres to fair practices.Our primary objective is to support genuine clients by addressing their concerns and providing a positive, constructive experience. worldtradex is a well-established online trading platform that offers a compelling range of features and benefits to traders. With its robust regulation by the Seychelles Financial Services Authority, diverse account options, flexible spreads, and an array of educational resources, it stands out as a competitive choice in the trading industry. worldtradex is a global leader in online trading, providing both beginner and professional traders with access to various trading instruments across global financial markets.

The Trustpilot Experience

One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. My tests indicate that worldtradex’s trading fees exceed the industry average. Such a full-sized EURUSD position usually costs around $10.

Withdrawal Options:

The broker also has trading materials and a full fledged academy that helps traders become better with their skills. worldtradex offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations.

Encuentra el mejor broker para tus necesidades

worldtradex is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the worldtradex group includes Damadah Holding Limited, which is based in Cyprus. I did not find any specific feature in worldtradex’s offering to say that the broker is better suited for high-frequency or longer-term trading.