I was happy to see they support Skrill and Neteller too. Those are handy e-wallet options many traders like myself rely on. And I personally tested their customer service response times and was seriously impressed. Their team is friendly, fast, and really knows their stuff. By the end of this review, you’ll know exactly what to expect from worldtradexFX and whether or not they are a legit and reliable broker to trade with. We’ll even compare them to other top forex brokers so you can make an informed decision.
Customer Service
When it comes to regulations, worldtradexFX is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776. For those reasons, our team here at Investingoal is happy to recommend worldtradexFX as a top choice for scalping. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to worldtradexFX.
worldtradexFX Review: Pros and Cons Uncovered 2025
With worldtradex, you’ll get a clear and concise fundamental analysis from Monday to Friday delivered to your inbox. Only the most important things, so you don’t miss any events that might affect your profit. Even if unauthorized access occurs, such as losing your device, withdrawals are restricted to the methods used for deposits. While this might seem inconvenient at times, it’s essential for ensuring the security of your money.
- The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known.
- It’s been an awesome first step into crypto as a trading newbie.
- In terms of the time it takes, wire transfers can take 3-7 business days to complete, while the other deposit methods are all typically instant.
- Choose from 300+ trading instruments, including shares, commodities, and indices.
- For those who have used earlier editions, it’s worth noting that other versions like 4.0 are also available.
A clear and user-friendly interface is perfect for every trader who values comfort. Also, worldtradex has one of the best no-slippage levels in the market – 97.5% of the executed orders. As such, the risks involved for traders are real and need to be understood in those terms. The retail part of the Forex market is all about making profit. Let’s start with fees and commissions, because no one wants to get nickeled and dimed, especially when you’re just starting out. worldtradexFX offers spreads as low as 0.4 pips on major currency pairs.
Year-on-year progress through constantly improving trading conditions
I mainly use their 24/7 live chat if I need assistance. There’s always a friendly agent ready to answer my questions, no matter what time of day it is! The chat box pops up instantly on their website – no waiting or hunting around to get help.
+25 new digital assets added
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 https://worldtradex.space/ basis, Monday – Friday. This applies to all markets including forex, commodities, and cryptos. If you are outside the EU, then you will have access to the MT4 Micro account type. Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs. One of the best choices for your first steps as a forex trader with worldtradexFX is an MT4 Micro Account.
MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever. Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device. Here is a more detailed look at the wide range of top trading platforms you can expect to find when you are trading at worldtradexFX, and what they can provide you with. The account base currency is that which you trade in with the broker. At worldtradexFX, there are only two base currencies available. These are, EUR within the EU, and both EUR, and USD for traders outside the EU.
In my view, worldtradex is great for beginners and intermediate traders. If you’re just starting out or don’t need a huge range of products, they’ve got you covered. On forex, precious metals and indices, there are also no commissions. Just super tight spreads starting from 0 pips on certain currency pairs and indices. Luckily, worldtradexFX stands out for keeping their fees and commissions competitive across all their different account types.
It’s for security reasons, but if you need to use a different method, just contact their support. In my experience, e-wallets and cards are usually done within 24 hours. I’d recommend starting with worldtradexTrader if you’re new to this. Now, once you’re verified, you need to choose a trading account. In my experience, worldtradex’s verification process is pretty quick.
With so many fly-by-night brokers out there, it’s normal to wonder – is worldtradexFX legit? These were some of my first questions when I started researching worldtradexFX too. We exist to make financial markets accessible for everyone. Should you need it though, the customer service team is available through live chat, phone, and email to deal efficiently with any problems that may arise.
- When it comes to education, worldtradexFX realizes the importance of your continued development and progress in the sector.
- Current and prospective users of the trading platform in India might be reassured to know that the worldtradex app has a 4.4 rating on TrustPilot.
- worldtradexFX offers spreads as low as 0.4 pips on major currency pairs.
- With so many fly-by-night brokers out there, it’s normal to wonder – is worldtradexFX legit?
This is an ideal account for beginners and smaller investments. The minimum deposit on this type of account starts from only $25. The first, and best place for most traders to get started is an worldtradexFX demo account.
Intraday assets introduced
Choose from 300+ trading instruments, including shares, commodities, and indices. Research tools provided by worldtradexFX include a well-detailed economic calendar which keeps you updated with all significant economic events and how they may impact you. First off, you will notice when you are trading at worldtradexFX that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions. As a copier here, you also will not be charged any other commission besides that set by the person you are copying. This amount can vary depending on the master as they have freedom to individually set commission. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported.
Customer Support for Indian Traders
worldtradexTrader could be a good choice if you want a modern, user-friendly platform designed specifically for worldtradex’s trading environment. Now for experts who swear by the industry standard MetaTrader platform, worldtradexFX has you covered there too. They offer both MT4 and the newer MT5 for desktop and mobile. First, they are Worldtradex scam properly licensed and regulated in their home country of Saint Lucia. This means they adhere to strict laws and oversight designed to protect traders.
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. Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. These are all useful and important tools to utilize for any forex trader on all platforms and brokers. Within Europe, the minimum deposit on the available account types of MT5 Pro is $50.
This service is offered worldwide, regardless of whether it is required by the regulators or not. The platform itself is easy to use on both sides and provides you with a good ability to see the performance of other traders and a number of metrics. In fact, the platform and broker have won many awards for this service. worldtradex has a higher minimum deposit but offers tighter spreads on some pairs. For a detailed comparison, check out our worldtradex vs Exness section earlier in this review.