He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. They have a trading course and many different video tutorials covering topics for beginners and advanced traders alike.

Range of platforms

An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. If you prioritize security, extensive market access, and a platform choice, worldtradex is definitely worth considering.

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Overall, forex and CFD traders will be satisfied by the MetaTrader experience provided by worldtradex, though the scope of its research and educational offering are limited, when compared to the best brokers.

There is a 1.8% credit card fee for withdraws and a $20 fee for bank transfer withdrawals. You can get access to the industry standard MetaTrader 4 platform through worldtradex and they recently added the subsequent versions of this software- MetaTrader 5. worldtradex is well-respected and they are one of the most reliable brokers in the space today. They are completely transparent and they segregate the customer funds away in a different account to their operational funds. They offer negative balance protection which ensures that clients cannot lose more than their account balance.

worldtradex assets and instruments

• worldtradex does not accept clients from the United States of America due to strict regulatory rules imposed by the Commodity Futures Trading Commission (CFTC ) and National Futures Association (NFA).
• worldtradex offers Standard Accounts with commission-free trading and educational resources.
• More than 10,000 stock CFDs are available to FP Market clients based in Australia.
• Yes, worldtradex offers a free demo account, also known as paper trading, with no minimum deposit, allowing traders to practice trading in a risk-free environment.

Additionally, worldtradex offers 12 major and minor cryptocurrency CFDs with availability depending on the region. For Australian clients using the IRESS platform, they provide access to up to 10,000 traditional stock CFDs. There is a very high degree of risk involved in trading securities. 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. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

deposits/withdrawals

Overall, my experience with order execution on worldtradex was positive. Market orders on major forex pairs were filled almost instantly, which is exactly what you want when the market is moving fast. Limit orders were generally filled promptly when the market price hit my designated limit. There were a few instances of minor slippage, but nothing major. Execution speed can vary depending on market conditions, but based on my testing, worldtradex seems to handle order execution efficiently. Financial stability is a cornerstone of trust for any forex broker.

What are the (Top Benefits) of AvaTrade Regulated Forex Broker

Higher-tier accounts offer lower fees and better trading conditions. There’s also an Iress Investor account, a low-cost option with limited features and no streaming data. Our extensive testing and review of worldtradex reveal it as a top choice for forex and CFD traders seeking a robust trading environment with competitive fees. Our experience and the data show that worldtradex stands out in the industry, especially for those looking to trade a wide variety of instruments. These indices are available on FP Market’s powerful trading platforms.

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. This is because they use ECN pricing, which means orders are filled at the best available market price once triggered. Guaranteed stops are typically not available with ECN brokers due to the fast-moving nature of the market. Of course, having a ton of instruments is great, but it’s only half Worldtradex website the story.

• With 24/7 multilingual customer support and quick account setup processes, worldtradex delivers a reliable and user-friendly experience.
• With its commitment to transparency, regulatory compliance, and client satisfaction, worldtradex has established itself as a trusted partner for traders of all levels.
• There is also a number of different e-wallets for you to choose from, such as Skrill, BPAY and PaySEC.
• However, if you heavily rely on social sentiment analysis or require a proprietary platform, you might need to explore other options.
• Withdrawals are processed immediately, but the time it takes for funds to reach the trader’s account depends on the bank or payment provider.
• If you prioritize security, extensive market access, and a platform choice, worldtradex is definitely worth considering.

If you encounter an issue, you can initiate a complaint through their website or by contacting customer support. worldtradex is a reliable broker, regulated by both ASIC in Australia and MiFID in Europe. According to industry research from ForexBrokers.com, with a Trust Score of 87, worldtradex is considered «Trusted». worldtradex offers bond trading, allowing you to buy and sell corporate and government bonds. Trade bond CFDs like US 10 YR T-Note Futures and UK Long Gilt Futures on MetaTrader 4 and 5. They also have been on the receiving end of many awards over the years.

Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. worldtradex has been building out its educational offering, now providing webinars, beginner and advanced videos, and podcasts, but there remains much room for improvement to compete with best-in-class brokers. Yes, worldtradex is generally considered a legitimate and reputable forex broker. There is no credible evidence to support the claim that worldtradex is a scam. A withdrawal will normally take about two working days, but in some cases it can take as long as five working days.

The name on your trading account must be the same as the name on your payment method to comply with anti-money laundering (AML) regulations. However, most payment methods typically have a minimum withdrawal amount ranging between $5 USD and $50 USD. There is a minimum deposit of $100 AUD (or equivalent) for Standard and Raw Accounts. We’ve often been impressed by the quality of its customer service, available 24/7 in over 12 languages (by email, live chat, or a callback).

The real test is how easy it is to find what you’re looking for and analyze it before pulling the trigger. The good news is worldtradex’ platform makes navigating this instrument ocean a breeze. Everything is well-organized, and the search function is spot on. Plus, they’ve got a decent selection of technical indicators and charting tools built right in, so you can do your due diligence before entering a trade. worldtradex clearly outlines its regulatory framework on its website. The license numbers for each entity are readily available, allowing traders to verify the information with the respective regulators.

worldtradex does not accept clients from the https://worldtradex.bid/ United States of America due to strict regulatory rules imposed by the Commodity Futures Trading Commission (CFTC ) and National Futures Association (NFA). worldtradex ensures the safety of client funds by segregating them from its operating capital, meaning your money is kept separate and protected from any company liabilities. Demo accounts are available and are initially set to expire after 30 days of inactivity. However, they can remain active indefinitely as long as the account is regularly utilized. Other useful tools include Trading Central, TradeMedic, AutoChartist, Toolbox (12 online trading tools through MT4/5), MyFXBook and Signal Start. Together, the platforms available cover a variety of trading styles and levels of experience.