worldtradex Review 2025: Features Pros, Cons, and More

worldtradex does not impose hidden fees or widen spreads for Islamic Account holders, providing a fair and transparent trading environment for Muslim traders. Yes, there are several online trading platforms that offer similar services and features to worldtradex broker, such as eToro, Plus500, and AvaTrade. While worldtradex broker does not accept US clients, there are a number of alternative options available for US traders looking to participate in the forex market.

Deposits

worldtradex Forex offers several different account types, each with its own unique features and benefits. For US traders, the two most relevant account types are the Micro and Standard accounts. worldtradex provides traders with a secure and convenient way to manage their funds, offering a wide range of deposit and withdrawal methods to cater to clients worldwide. The broker aims to streamline the transaction process, ensuring that traders can deposit and withdraw their funds with ease.

Restricted assets – Shares

If the currency you deposit into your account is not USD, the amount shown is the equivalent in the deposit currency. Reduce your costs with low spreads and even lower swap fees and commissions. Take advantage of our promotions and demo account to practice risk-free. Master the markets with insights from our team of more than 70 expert educators and free educational resources. The minimum deposit at worldtradex is as low as $5, making it accessible to traders of all levels. worldtradex does not charge fees on most withdrawal methods, but bank wire transfers below a certain amount may have fees depending on the financial institution.

This benefit is available both for existing traders and those who open new accounts through PaybackFX. worldtradex prioritizes trader protection through a range of security measures. The platform employs advanced encryption technologies to secure all transactions and sensitive data. Negative balance protection is also in place, preventing traders from losing more than their deposited funds in volatile market conditions. Yes, there are several alternative brokerage platforms that accept US clients.

However, some users have complained about slow and unclear withdrawal processes, occasional platform issues during volatile markets, and confusing bonus terms that might not be easy to use. These issues seem to affect certain regions more, especially in Africa and parts of Asia, where local banking systems, internet issues, and regulations might make things harder. In our opinion, the withdrawal hierarchy process may cause confusion, leading to some of the dissatisfaction, delays, and payment issues mentioned in some of the client reviews.

• Some of the more forex focused brokers such as Forex.com and OANDA have closer to 80 forex pairs available.
• They also have worldtradex web trader which allows you to trade through your web browser without the need to download any software.
• Starting with the regulation in Cyprus (which covers the EU’s ESMA regulation), expansion has included Australia (a strong, tier-one jurisdiction) and latterly in Belize.
• worldtradex’s proprietary trading platform refers to the company’s mobile trading app that is available to download from Google Play Store and App store.

Scope Markets is a global online trading broker that offers institutional and retail trading services to businesses and traders. This comprehensive Scope Markets review will explore the broker’s trading instruments, fees, trading platforms, regulations, deposit and withdrawal methods, spreads and leverage. We will also explain how to open and verify an account, and the safety measures provided on clients’ investment funds.

Indices

The program is designed to benefit active traders based on their trading volume. The eligible trading accounts are the micro and standard accounts only. worldtradex process withdrawal request via the same methods that clients use at the time of deposits.

The company was founded in 2009 and in just over 15 years it has attracted over 15 million clients from 190 countries all over the world. The broker prides on 10.3+ billion trades executed with zero requotes or rejections. Clients can also earn a commission of up to $35 for spreading word of mouth. However, the referral commission is transferred to your account only when your referee opens an account with the broker, deposits some funds and trades a specific amount. Below we’ll have a quick review of both deposit and payment methods.

Overnight swap rates apply for positions held past the daily market close, functioning as interest charges or credits depending on the instruments traded and the direction of the position. The Ultra Low Account is particularly popular among experienced traders who want a combination of low-cost trading and flexible trade sizes. The worldtradex Zero Account is best suited for scalpers and high-frequency traders who rely on Worldtradex official site minimal spread costs and rapid trade execution to maximize profitability. The broker follows the best execution policy to ensure fair pricing and maintains a clear client agreement outlining its services and obligations. Regular audits by independent firms further reinforce its financial integrity.

COMPANY

While these indices cover all the major markets, the selection is somewhat limited compared to other brokers that typically offer between 15 to 20 indices. However, the inclusion of key indices still offers opportunities for traders to speculate on broad market trends. One of worldtradex’s standout features is its robust selection of nearly 1,300 share CFDs. These CFDs are available from major global stock exchanges, including the NYSE, NASDAQ, and LSE.

Why does worldtradex not accept US Clients?

The key point is that you must follow the withdrawal hierarchy for the deposit methods you have used before selecting any other withdrawal option. For example, if you have not used a credit card or a crypto account for deposits, you do not need to create one for withdrawals. There is a minimum deposit of $5 USD (or equivalent) across the various account types and $10,000 USD (only) deposit for the Shares accounts. Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program. worldtradex and worldtradex Global offer a variety of trading accounts with variable spreads. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you.

• The platform’s intuitive interface enables traders to monitor copied trades, adjust settings, and manage risk efficiently.
• In conclusion, we addressed the most frequently asked questions (FAQs) to help clients know more about the broker.
• Brokers that are offering stock CFDs are now also pushing clients on to MT5 (an upgrade on MT4) as stocks are not available on MT4.
• Flexible account types, rich educational resources, and round-the-clock customer service make it a value-for-money broker.

worldtradex also offers swap-free Islamic accounts to shariah practising traders. Since the company doesn’t charge interest on overnight positions, clients can trade their preferred financial instruments without going against their religious beliefs. Although Islamic accounts are not offered as a stand-alone product, clients can request the company to switch their conventional account types to Islamic ones. This worldtradex review will take a deep look at various factors you must consider while signing up with the company. We’ll discuss worldtradex fees, so you know whether the broker employs market competitive pricing structure. We’ll also explore worldtradex trading platforms to find their useability and look into available account types to help you select the one that suits your trading needs.

Wedbush Joins the 24-Hour Trading Race With Round-the-Clock U.S. Stock Access

worldtradex offers diverse financial instruments and is known for competitive trading conditions. There are 1,500+ worldtradex trading instruments and the broker seems committed to providing first-rate services in the foreign exchange market. While clients have 1,250+ stock CFDs, 50+ forex pairs, 13+ equity indices, 30+ crypto CFDs, and 15+ commodities to trade on worldtradex. Since the company doesn’t deal in real cryptocurrencies, clients registered with the broker can only trade them as derivatives. worldtradex offers a variety of trading platforms designed to accommodate traders of all experience levels. Whether trading forex, stocks, indices, or commodities, worldtradex ensures that its platforms provide the tools necessary for a seamless and efficient trading experience.

In addition to these advanced solutions, the broker offers its worldtradex App, available on the App Store and Google Play. All brokers want you to keep trading, and when a trading account lies dormant, they may start to charging inactivity fees. These need to be measured by how long your account can lie dormant before being charged a fee, and, secondly, by how high the fee is. We believe that worldtradex scores poorly on the length of the https://worldtradex.world/ dormant period allowed, but scores well on cost.