worldtradex Reviews 69 Reviews of worldtradex com

So, yeah… it is an excellent way to stay connected and updated. You can do your things, and have it playing in the background or watch it closely, however you like. Buddy, I’m sure you can get hundreds of answers to this question from worldtradex customers and each one will have unique meaning.I have standard account here. And I mainly trade EURUSD, USDCAD, AUDUSD and GBPUSD currency pairs.Of course, narrowest spreads were on EURUSD currency pair. This was during a period of low volatility.But I know that spreads are narrow if you have more advanced trading account.And a lot depends on type of financial instrument.

Do i have to deposit only in us dollars? does the broker accept any other currency than that?

While some investors might find certain regulatory restrictions, such as lower leverage limits, as a disadvantage, these restrictions are often implemented to protect traders from excessive risk. Overall, the advantages of trading with a regulated broker like worldtradex typically outweigh the potential disadvantages, especially for investors who prioritize safety, transparency, and ethical conduct in their trading activities. worldtradex’s deposit and withdrawal options align with the offerings of many other brokers in the industry. Credit/debit cards, e-wallets, and bank transfers are common choices among brokers. It’s essential to note that the same payment method used for deposits must also be used for withdrawals. This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards.

This company is a deceptive offshore…

Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday. There is no option to reach worldtradex’s support by phone. MetaTrader 4 is easy to navigate because of its simplistic design. It could be argued that MetaTrader set the standard for how retail platforms should be organized. It also supports automated trading via its Expert Advisors (EAs) feature.

• MetaTrader 4 is easy to navigate because of its simplistic design.
• T4 Trade seems to be one of the best brokers I’ve used so far, been using them for 3 months now…
• Trading with this broker has been one of the smoothest and easiest things to do.
• Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice.
• They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point.

worldtradex Real User Reviews

He earned a Bachelor’s degree in Economics and International Relations. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. Most deposit and withdrawal requests are processed by worldtradex within 24 hours. In most cases, payments to and from worldtradex accounts are free of charge, though third-party banking fees may apply. The only time the broker may charge a $55 handling fee is for withdrawals below $300.

Trading Products

Traders also have access to the broker’s four educational e-books. worldtradex offers a fairly decent range of educational content, providing beginners with a firm basis to further their learning. Multiple written and video materials cover essential topics related to technical and fundamental analyses, as well as the psychology of trading.

• worldtradex and its services are generally geared towards copy trading.
• However, the platform is quite old, and its rugged design is outclassed by newer and sleeker platforms.
• Hey Ayman Mostafa,Thanks so much for your feedback, and we’re happy to hear that you’ve been enjoying our platform!
• Trading carries a high level of risk and may not be suitable for all investors.
• When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage.
• I`ve been trading with worldtradex broker and for now, I didn`t doubt whether I`d made a correct decision.

worldtradex is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the worldtradex group includes Damadah Holding Limited, which is based in Cyprus. I did not find any specific feature in worldtradex’s offering to say that the broker is better suited for high-frequency or longer-term trading.

The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10. The competitiveness of worldtradex’s fees depends on the asset classes traded. For instance, I found the https://worldtradex.world/ combination of commission-free trading and generally low spreads on share CFDs extremely favorable. However, the broker’s spreads on currency pairs are quite elevated.