Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We verify some of our data for quality control but there are slight variations occasionally. Any and all partnerships with industry regulars are not and should not, be viewed as an endorsement or recommendations by topfxbrokersreview.com, even though we may be sponsored by some of the brokers. We are not liable for losses that resulting from the information provided on our site. MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
Losses can exceed deposits
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time. It’s essential to note that the trading instruments offered under the worldtradex brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the worldtradex trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
To change the language of the MT5 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features. worldtradex offers dedicated email support to address any queries or issues traders might encounter.
- Regarding deposit and withdrawal commissions, the broker does not charge any fee for deposits, but there is a withdrawal cost, which varies based on the payment method and the transfer.
- Spreads vary depending on the account type and the chosen instrument.
- While many users are very happy with what this broker offers, some have reservations.
- Established in 2006, this broker is highly regarded and has strong regulatory oversight.
- worldtradex offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS.
- Time and effort is key, and reading reviews and comparisons is a positive first step.
How worldtradex Trading Options Compare Against Other Brokers
- Choose a payment method (bank wire, credit/debit card, e-wallet, or crypto) and deposit the minimum required amount for your selected account type.
- The worldtradex Company, founded in 2007 as Adrenalin Forex, is an award-winning global Forex broker and CFDs.
- The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument.
- However, this account has fixed spreads and offers 28 forex trading instruments instead of the full 44.
- Whether on iOS, Android, or any other device, you can enjoy the full functionality of the platform.
- Whether you decide to go with worldtradex or not, remember that the key to successful trading isn’t just about choosing the right broker.
Leverage in trading is a tool that allows investors to increase their market exposure beyond the initial investment (the margin). However, while leverage can magnify profits, it also increases the potential for higher losses. Therefore, it’s crucial for traders to use leverage cautiously and to understand the risks involved. worldtradex also does not charge any commission for deposits and withdrawals, an added advantage. Moreover, the company covers any deposit fees charged by the payment system.
Trading Conditions: 4/5
Traders can reach worldtradex’ support team 24/7 through multiple channels, including email, phone, and live chat. This ensures that help is always available, no matter the time or urgency of the inquiry. The variety of contact options allows traders to choose the method that best fits their needs, whether they prefer quick responses through live chat or more detailed assistance via email or phone. worldtradex is committed to providing consistent and responsive customer support to all its clients. worldtradex offers a variety of convenient deposit options, ensuring that traders can fund their accounts quickly and efficiently. The broker supports multiple gateways for credit/debit/visa/master cards, including American Express, and also offers popular options like Zelle, Perfect Money, and a variety of cryptocurrencies.
worldtradex Trading Platform Options
The company pays great attention to the marketing component of the business and carefully thinks through promotions and bonuses for its clients. Still, is worldtradex a scam and insecure trading platform or a serious organization that offers its clients stable and profitable trading as well as fast transactions? You can get the answers to these questions by reading our review of the broker.
They also offer an Islamic account option for traders who adhere to Islamic rules on trading. The app supports several different languages, alongside 24/7 customer support, lime and demo trading, and the ability to withdraw and deposit funds. Additionally, the VIP program is open to clients with at least $20,000 in an account. This status gives access to increased cashback, bonus trading funds, priority withdrawals, free VPS, and reduced swaps up to 30%. When dealing with money, it’s vital to cover all bases and choose reputable companies.
The details of the fixed spread structure are explained in the next section. worldtradex offers an extensive selection of tradable instruments, giving traders the flexibility to diversify their portfolios across multiple markets. The platform provides access to a wide range of forex pairs, including major, minor, and exotic currencies, allowing traders to capitalize on global market movements. In addition to forex, worldtradex offers a variety of commodities, including popular options like gold and silver, which are ideal for those seeking to hedge or invest in physical assets.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store. worldtradex customers have instant access to the financial market and can completely manage a Portfolio on the go. Brokers like worldtradex must disclose any inactivity fees as part of their regulations.
Analytical Services
Yes, worldtradex offers ECN (Electronic Communication Network) accounts, providing direct market access with tight spreads and fast execution. worldtradex offers support services in multiple languages, including English, Russian, German, Spanish, and others, which makes it a convenient platform for traders from diverse backgrounds. These platforms are ideally suited for Forex trading and are equally convenient for beginners and experienced traders. The leverage worldtradex offers varies based on the account type, balance of funds, and the https://worldtradex.site/ trading instrument.
This section will cover how the different entities of worldtradex are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust. Between 74-89% of retail investor accounts lose money when trading CFDs.
This boosts skill development and creates a more enjoyable trading experience. worldtradex supports many payment providers, making depositing and withdrawing from your brokerage account a snap. While there are no deposit fees, withdrawals come with a charge and are the most costly via credit card. We performed tests with a Standard account using the MetaTrader 5 desktop/web platforms and the MetaTrader 5 mobile app. We opened accounts with the worldtradex LTD entity of worldtradex, Worldtradex scammers supervised by the Mwali International Services Authority (MlSA).
Understanding these fees is crucial for traders to manage their trading costs effectively. worldtradex offers some of the highest leverage on the market and has a large number of tradable assets. As far as accounts go, this broker also has a large number to choose from.
By sending an email to email protected, traders can expect a detailed and personalized response from the support team. Email support is ideal for non-urgent matters or when traders need comprehensive assistance with account-related questions, technical issues, or other specific inquiries. worldtradex ensures that all email communications are handled promptly and professionally, maintaining high standards of service quality. worldtradex broker does everything possible to make it profitable for traders who cooperate with him to work on the platform.
Let’s add to our conclusion that the broker has regulators and a license. Since 2015, after a successful rebranding, the company has provided the client with even more unique options and has positioned itself as a powerful international organization. Advantageous broker’s offer for traders cooperating with other market companies. When joining the organization, a new client receives an exclusive bonus of 20%. The promotion is valid only once for traders who traded at other brokers on the real account, it is available after making a deposit on the worldtradex platform.
It is a unique tool that allows you to work effectively with several accounts (up to 128 accounts). You can easily open orders on several accounts at once, study reports on them, and correct and test new strategies. To explore the possibilities of this terminal, you should register at your broker and download the program to your computer (Windows, MAC OS).
Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like worldtradex.Choosing or shortlisting a trading platform like worldtradex can be time consuming. Both platforms are available for Windows, Mac, iOS, Android, and WebTrader, providing flexibility for traders to access their accounts anywhere.