Available for Android and iOS smartphones, the worldtradex MobileTrader app offers a flawless trading experience. The program showed amazing capability during testing, letting users access more than eighty trading instruments and make swift trades. With 30 technical indicators and 15 drawing tools, the app allows efficient chart analysis right away. There are a lot of additional services to complement the trading interface. The research and learning sections, for example, are of a very high standard and the in-house copy trading service is a neat addition.
worldtradex review 2025:
From the dashboard, you can make withdrawals and internal transfers, view promotions, invite friends, check account records, manage accounts, participate in contests, view user statuses, and engage in copy trading. A status program is offered where clients, based on their deposited funds, can access different levels that provide enhanced services. There are no swap fees, inactivity fees, or fees for deposits and withdrawals.
It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union. worldtradex Markets Ltd. holds an International Brokerage and Clearing House License, further enhancing its credibility. Additionally, worldtradexFX is registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines, offering a robust multi-jurisdictional regulatory framework.
A Variety of Educational Materials
- Along with this, by using MQL4, investors can write their own custom indicators and use them in addition to those already available on the MT4 client terminal.
- New traders wishing to enter the financial markets find worldtradex appealing overall since it combines affordability, knowledge, and user-friendly tools.
- These apps offer full trading capabilities, interactive charts, and technical analysis tools on the go.
- worldtradex offers access to multiple robust trading platforms, which include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and worldtradexTrader.
This broker charges no fees on currency conversion during deposits and withdrawals. However, with deposits in currencies other than the USD, the payment provider on conversion of the funds to dollars using their internal exchange rate may charge additional fees. worldtradex is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to three hours. Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account.
How Competitive Are worldtradex Fees?
In order to best comprehend the above 6 factors, you will have to keep in mind that currencies are traded against one another. These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded. Lime Fx generally does not charge fees for deposits and withdrawals, but additional charges might apply depending on the payment method you use. For example, Lime Fx charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees.
- The custom-built worldtradexFx mobile trading app features a simple yet functional user interface.
- Both MetaTrader MT4 and MT5 stand out for the charting tools they offer.
- Web and mobile trading platform worldtradexTrader enables you to diversify and upgrade your trading.
- Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account.
- Again, in addition to copy trading, it offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat.
- Overall, worldtradex has streamlined the deposit and withdrawal process, making it convenient and efficient, without imposing any extra fees.
With the mobile worldtradex app, you can manage all accounts without downloading MT4 and MT5 on your phone. However, not all platforms have the same instruments available for trading. Withdrawals must be made using the same methods as deposits, meaning all available deposit methods can also be used for withdrawals. To enable multiple withdrawal methods, a new deposit using a different method is required.
Contests and offers
This regulation does not provide significant protection for consumers. On the positive side, it allows worldtradex greater flexibility in leverage and instruments while still serving clients from around the globe. Additionally, the app allows users to view the history of each operation, including changes made to orders, with great clarity. In our review, the execution quality was positive across all accounts. Entry and exit orders were executed as intended, with only minor slippage observed.
The instructions of how to access the mobile trading platforms can be found on the relevant page of the mobile platform itself on the Lime Fx website. Recently launched in 2019, with its oldest subsidiary founded in 2013, StarTrader is one of the fastest growing forex brokers in the industry. This StarTrader review will focus mainly on the broker’s online trading instruments, regulations, deposit and withdrawal methods, spreads, leverage, fees, and commissions. We will also https://worldtradex.blog/ outline how to open an account with the broker, the verification procedures and safety measures.
We do not present any investment advice or guarantees for the accuracy and reliability of the information. Yet, if you still prefer to use high leverage, the international entity of worldtradex Leverage still allows so. Since the regulation demands strict follow of Forex business operations management, it is considered safe to open an account either with Cyprus, South Africa or an international worldtradex entity. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. worldtradex, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety.
worldtradex also provides financial services through its intermediary, Orinoco Capital (based in South Africa). Lastly, worldtradex also has an entity regulated in Mauritius, through Uni Fin Invest . worldtradex offers Worldtradex courses scam the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.
Copy Trading and Additional Services
The term leverage is the ability to have access to added funds – margin – when trading financial instruments. Although increasing your margin could boost your market exposure, it also raises your vulnerability to losses. The spread for all available currency pairs offered by worldtradexFx – including major, minor and exotic pairs are listed in the table below.
worldtradex withdrawal options are the same Bank wire for all accounts, there is no Credit Cards supported for Cyprus entity. worldtradex also covers fees so you may access your moany at any time and receive it relatively quickly. Usually, worldtradex confirms withdrawals within 1-2 business days, but allow extra days for your Bank to process the transaction.
Established in 2011 and located in London, worldtradexFx is a forex broker that renders its services to users worldwide. This review will focus on its regulations, trading instruments, deposit & withdrawal methods, online trading fees, spreads, leverage and how to open an account. It will also explore the investment safety measures provided by the broker.