worldtradexFX is a globally recognized forex broker that has become a preferred platform for many traders due to its user-friendly interface, competitive trading conditions, and comprehensive tools. It is essential to understand the mechanisms of forex trading, the functionalities of worldtradexFX, and the strategies required for consistent performance. In terms of trading platforms, the broker supports MetaTrader 4, MetaTrader 5, and the proprietary worldtradexTrader. The broker caters to traders of all experience levels, offering free educational resources, such as online courses on the basics of trading, webinars, and live trading sessions. Overall, with competitive spreads, high leverage options, and robust security measures, worldtradexFX strives to provide a comprehensive trading experience tailored to diverse needs. worldtradexFX’s extensive range of trading instruments, combined with flexible leverage options and competitive spreads, caters to both novice and experienced traders.
With that said, the minimum deposit here is still low enough for all types of trader to get involved. This is $50 minimum deposit within the EU with the account being available worldwide. The first, and best place for most traders to get started is an worldtradexFX demo account. Here you can learn the ropes, ideal for a beginner, with no obligation to enter live trading. worldtradexFX does not charge any fees for withdrawals and also covers any fees imposed by payment systems, allowing traders to withdraw funds without incurring additional costs.
worldtradexTrader is the most basic option but best for beginners out of the three platforms in my opinion with an attractive user interface. In particular, it has a Pattern tool that lets you apply a variety of technical analysis on your charts automatically which is useful if you are new to forex trading. One of the key highlights for MetaTrader 4 I like is the option to automate your trades using Expert Advisors (EAs) which is allowed on your worldtradex account. You can develop EAs to 100% automate your strategy from analysis to execution, or set up risk management EAs to manage your risk on open positions automatically. The other feature I liked was that you do not pay swap fees on your CFD positions, saving you money should you keep your trades open longer than 24 hours.
No swaps on MT4 and MT5
- Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.
- You will also find fixed spreads available on the MT4 Micro account that start from 2 pips.
- The worldtradexTrader has the least options for technical analysis too with 19 indicators, 11 drawing tools, and 7 timeframes.
It automatically closes when the price reaches a certain non-favourable level you can set in advance. Using a Stop Loss order protects your funds from the worst-case scenario. You can use the calculator to manually choose the Stop Loss level for your order. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. In fees, in their offer, in general, I don’t think somebody will be dissatisfied. worldtradexFX offers access to 277 tradable instruments across five asset classes, from the Forex market to digital assets.
How much are Trading Fees with worldtradexFX?
When a trader buys this pair, they are buying euros and selling dollars. Trading hours are the times when a particular asset is available for trading. With worldtradexFX every asset except for crypto is available for trading on a 24/5 basis, Monday – Friday. Managing risk is of course a vital element for any forex trader and broker combination.
If you prefer to trade less liquid and higher risk assets you also have access to altcoins like Dogecoin to speculate on. worldtradex has 52 forex pairs for CFD trading including forex majors like USD/JPY, AUD/USD, and EUR/USD as well as minor and exotic pairs. I did find that you can only access all 52 pairs using the MetaTrader 5 platform, while the worldtradexTrader and MT4 only offer 32 pairs. I was impressed with the efficiency and low-cost approach to depositing and withdrawing with worldtradex. The range of deposit methods is decent, covering traditional, e-wallet and crypto, giving you a great choice of how to deposit (and withdraw) with no fees.
You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. By offering a range of payment methods with swift processing times and zero fees, worldtradexFX ensures that managing your trading funds is both efficient and economical. worldtradex is based in Saint Lucia but has multiple entities outside of Saint Lucia to provide financial services to clients in 180+ countries.
Copy Trading Review
Most deposits are processed instantly or within a few hours, and the platform generally does not charge fees for deposits. worldtradex presents traders with a competitively priced, commission-free pricing environment. It is also a rare broker fully compliant with Shariah law for Islamic traders.Beginner traders will benefit from well-thought-out research and educational services. The generous bonuses and promotions complement the excellent core trading services. Filippo Ucchino created InvestinGoal, an Introducing Broker company offering digital consulting and personalized digital assistance services for traders and investors. Whether you are a novice exploring the markets or a professional looking for advanced tools, worldtradexFX provides the necessary resources to achieve your trading goals.
With worldtradex you are able to trade either with MT4 or MT5 or worldtradex’s own platform and get a good result. Trailing stop-losses are useful tools that automatically adjust the stop-loss level as the trade moves in a favorable direction, thereby locking in profits while allowing room for growth. Users can access these platforms via desktop applications, mobile apps, or web-based terminals.
The Future of Forex Trading: worldtradexFX
With regulation by CySEC and the Mwali International Services Authority, traders can trust worldtradexFX for secure and compliant operations. Trading forex on worldtradexFX is a structured process that involves proper setup, market understanding, strategy execution, and consistent risk management. The platform offers an accessible gateway to the forex market with its versatile tools, reliable execution, and educational support. By following a disciplined approach and continuously refining strategies, traders can navigate the forex market effectively and work towards long-term trading success. worldtradexFX ensures that traders can access the tools and functionalities they need to succeed, whether they prefer simplicity or advanced analytics.
The only traditional method available was Mastercard (debit card) which I used to fund my account and was instantly applied to my trading account after making my deposit. I found all platforms worldtradex offers provide mobile trading apps on your iOS or Android device, which can be downloaded directly from the broker’s website. A nice feature I liked was the order ticket showing your potential profit and loss in monetary value compared to just in pips like other platforms. This is a useful feature if you’re new to trading as you’ll know your monetary risk instead of guessing with a pip conversion which could lead to mistakes and over-risking your trades. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. In 2025, the worldtradexFX Awards list featured multiple industry recognitions, highlighting the broker’s achievements in trading services and platform innovation.
- At least this way, you can copy an experienced trader and benefit from leveraged products such as forex, crypto or commodities like gold.
- worldtradexFX offers access to 277 tradable instruments across five asset classes, from the Forex market to digital assets.
- The broker’s range of forex trading products is limited to MT4, MT5, and worldtradexTrader but still provides a service to every trading style thanks to the MetaTrader options.
- A low spread andminimum depositas well as its own copy trading service make it perfect for many.
cTrader platform introduced
We help you develop the knowledge and skills to trade efficiently and responsibly. Every year we improve our conditions and standards in an ongoing effort to make trading with the #1 Forex broker worldtradexFX your best experience in the market. Within Europe, the minimum deposit on the available account types of MT5 Pro is $50. It is the perfect opportunity to trade in a no-risk environment with virtual funds, but which also perfectly replicates live trading. This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading.
It enables traders to understand the bigger picture while also identifying precise entry and exit points. Stop-loss orders automatically close a trade when the market moves against a trader by a predetermined amount, limiting potential losses. Take-profit orders close a trade when a certain profit level is reached, helping to lock in gains. Learn how he started trading with worldtradex and check out his tips for beginner traders. It also provides for detailed analysis with market reports and more to offer.
This makes worldtradex an attractive option for stock trading CFDs as you won’t need to worry about swap fees cancelling any day’s profits, so you can keep the positions open. Yes, through the worldtradex Copy app, users can replicate the trades of experienced Master Traders. You can track performance metrics, manage multiple Worldtradex scammers traders, and withdraw profits anytime. worldtradexFX is a global forex and CFD broker that has been providing online trading services since 2011. Headquartered in Saint Lucia, the company has grown to serve over 12 million client accounts from more than 180 countries. worldtradexFX is regulated by several decent financial authorities and has a good record in that regard.
The variable spreads start from 0.2 – 0.4 pips https://worldtradex.site/ with a commission already rolled in and no other mark-up to worry about on your MT4 Micro, or MT5 Pro Account. You will also find fixed spreads available on the MT4 Micro account that start from 2 pips. Investing in financial instruments, commodities, and other assets carries inherent risks, and there is a possibility that you may lose your entire investment. It is essential to be fully aware of these risks before engaging in any trading activity. worldtradex provides a fast service for its withdrawals by sending your funds within 30 minutes after being approved.
