These typically take 1 day to process or less, though a wire transfer may take longer. The only exceptions here may be in the case of your deposit not matching the base currency on your account, you would then have to pay a conversion fee. Your bank may also charge you a commission or fee on wire transfers, though there is no fee directly from the broker. WorldTradexFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. Here are a few of the WorldTradexFX account types you can look forward to trading with once you get started.

Deposit and Withdrawal options

For example, the «minimum expertise» field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. WorldTradex offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering.

With strong customer support, quick withdrawals, and no deposit/withdrawal fees, WorldTradex stands out as an excellent choice for traders looking for a seamless trading experience. Overall, there is a lot to like about WorldTradexFX and the range of quality trading conditions that they provide. You get convenient access to the markets via powerful and fully customisable trading platforms with accounts to suit all types of trader.

Accepts UAE Traders

There are no guarantees or specific guidelines to prevent losses. The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. Again the platform is available on all mediums and a webtrader is offered. MT5 is also equally lightweight and can run on almost any device. The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature. Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution.

When is the support team at WorldTradexFX available?

They also cover the deposit and withdrawal fees that third parties (like Skrill, Neteller and others) may apply. However, with deposits using bank cards, your card issuer may charge some fee for processing the transactions. WorldTradex features its competitively priced Raw account with spreads from 0.0 pips for a commission of $6.00 per 1.0 standard round lot, which is ideal for scalpers.

How long does it take for my deposit to reflect in my account?

Eightcap also offers an AI-powered economic calendar and has no trading strategy restrictions. TradingView account requires the more expensive commission-free cost structure, but MT5 traders get raw spreads from 0.0 pips for a $7.00 commission per 1.0 standard lot. The array of trading tools WorldTradexFX offers is impressive and aids in making informed decisions. While the tools are comprehensive, I think the commission structure for some currency pairs could be reviewed for better competitiveness. One of the reasons I chose WorldTradexFX was their regulatory credentials. It’s comforting to trade with a broker that adheres to global standards.

Also protection to the investor against fraud and untrusted brokers. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. WorldTradex has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers.

• The MT4 set will support your android, iphone, or any WinMobile OS compliant device.
• Traders benefit from deep liquidity pools and fast execution.
• One way in which WorldTradex leads the sector is its willingness to share data on its own operations.
• With less than 100 instruments on offer, there is no space for the more complex instruments such as options found in the quieter corners of the financial markets.
• It is possible to trade forex, metals, soft commodities, single stocks, indices, energies and a choice of five cryptocurrencies.
• On the flip side, they are a rather niche broker with fewer trading instruments than other brokers.

This account type is a great starter account, though at the moment is not available to EU traders. The variable spreads start from 0.2 – 0.4 pips 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. These include news updates, price charts, and technical indicators.

• It’s also important to look at longevity and track record.
• In the modern trading world, speed and accuracy are everything.
• WorldTradexFX understands the complexities of trading and, as a result, caters its services to Emirati traders who adhere to Sharia Law principles.
• Now, to conclude this WorldTradexFX review, we’d like to say that this broker is a solid choice for traders in the UK, Nigeria, Malaysia, Indonesia, and beyond.
• Rebates are credited directly into traders’ accounts weekly, providing maximum convenience.
• This includes low spreads, flexible leverage options, and swap-free trading.
• Open trades must be closed before account termination can be finalized.

WorldTradexFX Review 2024: Is This Broker Legit or a Scam?

Should you have any further questions or require any assistance, please do not hesitate to contact us. You can reach us via live chat or by emailing We are always available https://worldtradex.pro/ and happy to assist you.Thank you for your patience and understanding. Payment methods refers to the various mediums by which users can credit and withdraw from their accounts. WorldTradexFx offers its users different payment methods to be used either for deposits or withdrawals. We’ve designed our services to not only be highly secure but also incredibly user-centric. Right from the moment you set up your trading account, we empower you to fine-tune your trading preferences.