An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Founded in 2011, WorldTradex holds a regulatory license in Europe via its Cyprus-based entity – WorldTradex Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, WorldTradex provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA).

WorldTradex has improved https://worldtradex.pro/ its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. WorldTradex has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers.

Data safety

• Learn how he started trading with WorldTradex and check out his tips for beginner traders.
• Only the most important things, so you don’t miss any events that might affect your profit.
• Every year we improve our conditions to make your trading journey easier.
• Forex trading is a major focus, with over 52 currency pairs available, encompassing major, minor, and some exotic pairs.
• WorldTradex trading app is quick, offering low spreads, fast withdrawals, and a 0% commission.
• A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

WorldTradex (formerly WorldTradexFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilized by clients from 180 countries with more than 42 million trading accounts. WorldTradex provides low-cost trading with spreads as tight as 0.4 pips for major currency pairs, making it an affordable choice for many traders.

These promotions include deposit bonuses, trading contests, and cashback offers. However, the availability of these bonuses may vary depending on the trader’s location and the applicable regulatory environment. Despite the promotional offers, WorldTradex’s focus remains on providing high-quality services and transparent trading conditions, making it a popular choice among traders worldwide, regardless of the bonuses available. This approach ensures that traders receive a reliable and rewarding experience, even without relying on promotions.

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WorldTradex offers several account types, including the Micro, Pro, and ECN accounts. Each account type is tailored to different trading needs and strategies. WorldTradex provides access to forex pairs, commodities, indices, and cryptocurrencies, allowing for a diverse range of trading opportunities.

TradingWorldTradex: smart trading app

WorldTradex offers fast and fee-free withdrawals through a range of methods, including bank transfers and e-wallets. Withdrawals are typically processed within 24 hours, though bank transfers may take a bit longer. While WorldTradex does not charge any withdrawal fees, traders should be aware that third-party providers may impose their own charges. This quick and cost-efficient withdrawal process adds to the broker’s appeal, providing traders with flexibility and convenience when accessing their funds. WorldTradex enables traders to access popular commodities such as gold, silver, and crude oil. These instruments are offered as CFDs, allowing traders to take advantage of price movements without the need to physically own the commodities.

• These labels denote some milestone that the Master Traders have reached, although their performance and results can vary.
• Download our app and keep track of your orders whether you’re in the office, on vacation, or at home.
• WorldTradex provides access to forex pairs, commodities, indices, and cryptocurrencies, allowing for a diverse range of trading opportunities.
• WorldTradex regularly offers bonuses and promotions to attract new clients and reward existing ones.
• There’s no question – if WorldTradex wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.
• While this might seem inconvenient at times, it’s essential for ensuring the security of your money.

Foreign investors adopt a measured approach to GCC equity markets

Choose from 300+ trading instruments, including shares, commodities, and indices. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Download the trading app by WorldTradex and grab your benefits right from the start.

Read what actual users and industry experts say about us online in broker reviews. Due to its user-friendly and swift account opening process, WorldTradex establishes itself as an excellent choice for individuals aiming to begin their trading journey without unnecessary hassles or prolonged waiting periods. WorldTradex handles customer queries through multiple channels including a live chat function, email, and phone support. WorldTradex does a commendable job of offering educational and research materials to its users, though room for improvement and expansion still exists compared to some industry leaders. Your funds are safe if you pick the  right partner—with data encryption, international verification rules, and secured withdrawals.

WorldTradex offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if WorldTradex wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. From among the trading systems known as “Master Traders” to copy on WorldTradex’s Copytrading app, there are 1,390 newcomers, 986 growing talent, 703 high achievers, 360 experts, and 223 legends. These labels denote some milestone that the Master Traders have reached, although their performance and results can vary. Once it is created, you cannot switch the type of your WorldTradex trading account.

WorldTradex holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. WorldTradex does have a proprietary mobile app for trading, as well as for social copy trading (the WorldTradex Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Learn how he started trading with WorldTradex and check out his tips for beginner traders.