Any financial decisions you make are your sole responsibility, and reliance on any site information is at your own risk. PipPenguin makes no guarantees regarding the website’s information accuracy and will not be liable for any trading losses or other losses incurred from using this site. The site may contain ads and promotional content, for which PipPenguin could receive third-party compensation. However, this does not imply endorsement or recommendation of any third party’s services, and we are not responsible for your use of any external site or service. PipPenguin and its staff, executives, and affiliates disclaim liability for any loss or damage from using the site or its information. worldtradex offers the “standard” tradable assets that most online top-tier brokers offer.
- The 1st tier ranges from $10 to $25 million traded per month and pays $5 per million, while the 5th tier pays $25 per million if you traded a minimum notional amount of $300 million per month.
- While this variety ensures flexibility for different traders, competitors like Forex.com and IC Markets offer more specialized options, including cTrader and MT5.
- Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com.
- Domestic wire transfers take one to two working days while international wire transfers can take three to five business days.
- worldtradex offers hundreds of trading instruments on its platforms, covering various asset classes.
- Traders on mobile can easily access global forex features and tools on an internet-enabled device.
Consumers looking to trade forex and CFDs across a variety of asset sectors could be well advised to register with worldtradex. Although the site does not provide a daily news blog, lots of financial news is packed into the educational resources on site. One major benefit of trading with worldtradex is its wide range of educational features. Most of these are discussed above, but the site also offers a live classroom environment and a video tutorial library. So anybody looking to develop in-depth learning will have their needs met on this site.
Mobile Trading Platforms
- No matter if you are trading the majors, minors, crosses, or select exotics, you will never be without fresh trade ideas.
- It is more of a platform tutorial showing users how to buy and sell using Trading Station.
- They have also won numerous awards over the years and have a decent score on Trustpilot.
- This review covers everything you can expect to find from this online international forex CFD broker.
The bonus is based on the cumulative funded amount during the calendar week of your initial deposit in that week. There are three tiers, with the minimum bonus being 25 USD and the most being 200 USD (which will need you to deposit 5,000 USD minimum). You will then be taken to the signup page, where you will need to fill in some personal information such as your name, surname, Email, base account currency, and platform. The same layout applies to their indices page, and here you will see that they offer most of the popular indices from around the globe.
Please note, some markets may only be available via CFDs or other derivatives. worldtradex don’t really offer promotional deals on their site; however, the vast range of free apps is a useful incentive for traders. You can find out more about leverage and using margin in our trading strategies guide.
The worldtradex Mobile app provides traders with the flexibility to manage their trades on the go, directly from their smartphones or tablets. Our testing reveals that worldtradex’s Trading Station platform is equipped with a wide range of tools for efficient market analysis and trading. It supports various order types, including market and limit orders, providing flexibility for different trading strategies. The platform boasts powerful charting capabilities, allowing users to perform technical analysis with a range of indicators and drawing tools. The Trading Station platform by worldtradex is a powerful, proprietary trading platform designed to offer a user-friendly trading experience. It is also available for desktop use and provides a wide range of features, including customizable charts, different order types, and real-time market data.
Account Currencies and Funding Options
However, the range is not as extensive as some competitors with thousands of trading products available, also instruments such as options, bonds, and Real futures are not available. worldtradex applies rollover fees, commonly known as swaps, to positions held overnight. These fees are calculated based on the interest rate differential between the currencies in the traded pair and are applied to open positions at the end of each trading day. Rollover rates may be positive or negative, depending on the direction of the trade and the prevailing market conditions. worldtradex brokerage fees offer flexibility for traders with different styles and account preferences.
Best Low/Minimum Deposit Forex Brokers in 2025
Then the active rebate account that worldtradex offers its clients requires fulfillment of a trading volume in excess of 10 million USD per month. Moreover, this is tied to the standard account that all clients will open and only becomes available once these quotas are met. Overall, the trading resources and educational material of worldtradex are quite basic and are lacking in many areas compared to the top forex brokers we have reviewed. Many brokers like ZFX and worldtradex have top Worldtradex scam quality trading resources and education available to everyone.
worldtradex’s Research and Trading Tools
In terms of depositing methods, you can expect your very basic and typical methods, including debit/credit cards, e-wallets, crypto, and bank transfers. There is not much in the way of trading resources and only a signup bonus for special promotions. One thing worldtradex has in terms of customer support that many other brokers do not have is international customer support phone numbers for many regions, as shown in the image below. However, this may be different depending on your region and the website you visit. It should also be noted that this broker does not have a FAQ section or any other form of support.
Indian traders are eligible to open an account at worldtradex but need to meet the minimum deposit requirement of 50 USD. South African traders will trade with Stratos South Africa (Pty) Ltd an authorised financial service provider regulated by the South African Financial Sector Conduct Authority(FSCA). Overall, I find their educational tools to be very useful, and I appreciate the chance to access them with a few clicks on the broker’s website. The analyst insights often include expert commentary, technical analysis, and fundamental insights on various financial instruments such as currencies, commodities, and indices. worldtradex offers analyst insights and market summaries to provide traders with valuable research.
worldtradex is a globally regulated broker committed to maintaining high security and transparency standards. The company operates under several top-tier regulatory authorities’ oversight, including the UK FCA, the Australian ASIC, and the Cyprus CySEC. Overall, due to the strong background of the broker, https://worldtradex.live/ years of successful operation, and reputation in the financial world our financial experts find worldtradex broker a reliable and safe trading environment. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
Spreads are dynamic and subject to market conditions, including volatility and liquidity, ensuring that traders benefit from fair pricing aligned with market realities. The broker does not charge deposit or withdrawal fees for most payment methods, however, third-party processing fees may apply. Overnight financing or swap rates are applied to positions held overnight, with charges varying based on the asset and prevailing market conditions.
How does worldtradex make money?
With its headquarters in London, Stratos Markets Limited (“worldtradex”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally. worldtradex no longer accepts U.S. clients because it had to pay $7 million in 2017 and give up its registration with the U.S. Commodity Futures Trading Commission (CFTC) for failing to disclose a deal with a market maker to its clients. The broker then sold its substantial number of U.S.-based accounts to Gain Capital that operates FOREX.com, so U.S.-based traders might consider using that broker instead. I want to share my experience with worldtradex as well.Been trading with them for approx. Other than that, I feel that worldtradex is a top broker for anyone who is looking to trade in a regulated environment with industry leading platforms and tools, backed by 24/5 support.
Designed as a platform for professional traders, this multi-asset platform comes equipped with extensive functionality. Everything’s included, from the built-in 130 indicators and 14 chart types to advanced automated trading support via AgenaScript(C#). Java API, a wrapper SDK of FIX API, provides clients with a fully functioning programmable API into the worldtradex trading platform. It includes live streaming prices and historical prices for live trades. It is scalable, light and robust and is compatible on any Java-compliant operating system.