The only thing you will need to do is check the “Swap-Free” box during the initial account sign up stage. Reductions on spreads of up to 14 points include the following currency pairs; EUR/USD, GBP/USD, USD/JPY, NZD/USD, USD/CHF, and USD/CAD as well as EUR/AUD, EUR/GBP, GBP/JPY, GBP/CAD, NZD/JPY, among others. To help support traders currently impacted by COVID-19 across the world, WorldtradexFX is reducing spreads to enable higher profits. One of the most important factors to take into consideration when using leverage is the asset spreads, in addition to other fees that may apply. WorldtradexFX clients can also monitor manster traders activity in real-time, compare strategies with other traders and sign up quickly and easily.

Even a quick glance establishes why the firm is so willing to share. The MT5 account offers a wider range of markets than the MT4 account and there are no swaps. I thought the research provided by Worldtradex was decent as they offered chart and candlestick patterns like doji candlesticks and wedges, or highlighting support and resistance levels to trade. The analysis was well presented on the charts and the commentary was easy to understand and follow, even if you’re new.

That said, keep an eye out for higher commission with these accounts. Exact spreads and commissions will vary depending on the account type you hold. Traders can choose between MT4 Micro, MT5 Pro, or the cTrader ECN account. From this Wallet, you can transfer it to any of your trading accounts. WorldtradexFX provides twenty-eight currency pairs, 3 cryptocurrency CFDs, and CFDs on 4 metals, 2 energies, ten of the most popular indices, adding to 47 instruments in total. Before signing up to any broker, check out who it is regulated by and make sure you fully understand how these regulations serve to protect your money.

Deposit and Withdrawal Options

It is possible to trade forex, metals, soft commodities, single stocks, indices, energies and a choice of five cryptocurrencies. The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30). Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products.

En İyi Forex Firmaları

The big takeaway from my time with Worldtradex is that it doesn’t charge swap fees on any of its accounts which are usually reserved for swap-free Islamic trading accounts. Not only does this reduce your trading costs for longer-term positions but it won’t force you to close a position before being charged a swap. As an ECN (Electronic Communications Network) broker, Worldtradex delivers tight spreads and fast execution speed by matching your order with the best offer from another trader on the network. This plays well into your hands as you will always receive the best available price from the network, leading to cheaper trading fees and better profit potential. Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning.

• As a leading financial media outlet, our editorial content is driven by rigorous research and data-driven insights, all free from external influence.
• The app is available on Android and iOS for MetaTrader and cTrader platforms through iTunes and Google Play where it has very high reviews.
• Worldtradex Customer support operates on a 24/7 basis, and the languages supported by the customer support staff are Hindi, Malaysian, Indonesian, Urdu, Chinese, English, German, Portuguese, Spanish, Vietnamese, Thai.
• Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device.

These platforms offer advanced charting tools, technical indicators, and support for automated trading strategies using Expert Advisors (EAs). WorldtradexFX supports a wide range of withdrawal methods, including bank transfers, credit/debit cards, and e-wallets like Skrill, Neteller, and cryptocurrency wallets. Most withdrawals are processed within 1-3 business days, and users report that the process is generally fast and reliable.

The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers. In this WorldtradexFX review, you will find everything you need to know on the key areas of the broker like spreads, account types, and security. This account is run on the MT4 platform and offers the lower minimum deposit amount at just https://worldtradex.biz/ $100. Therefore, traders looking for the best fees in addition to more tradable instruments should consider the MT5 pro account. WorldtradexFX spreads are higher on the MT4 account with only 37 tradable instruments on offer. A typical spread for the EUR/USD currency pair is stated as 1.1 pips, while the MT5 Pro account provides the complete range of tradable products, with slightly lower spreads of 0.9 pips.

Commissions and Spreads

WorldtradexFX does have a reputation in the financial industry for offering one of the best Islami accounts. The firm’s accounts are Shariah-compliant and no interest will be charged on overnight positions. Master traders can create multiple accounts for different strategies. WorldtradexFX analyzes master traders’ investment history in addition to other key statistics to help ensure the best experience for any copiers. In 2018, WorldtradexFX launched a copy-trading feature to entice more traders to the market, helping increase profit and offer different fund management options.

This is a useful feature if you’re new to trading as you’ll know your monetary risk instead of guessing with a pip conversion which Worldtradex website could lead to mistakes and over-risking your trades. The WorldtradexTrader has the least options for technical analysis too with 19 indicators, 11 drawing tools, and 7 timeframes. However, after testing I found the platform covered the top indicators like volume and moving averages along with Fibonacci retracement tools.

• Worldtradex offers 5 crypto markets like bitcoin, ethereum and litecoin — this is a limited range.
• If you have any questions or require assistance, please do not hesitate to contact us via live chat or email us at regards,Worldtradex Rep.
• Crypto markets are only supported on accounts that use the MetaTrader platforms.
• Firstly, the broker doesn’t offer the best range of asset coverage.
• Worldtradex operates under various regulatory frameworks depending on the entity through which an account is opened.

Alerts and each executed order are notified through browser notifications. Additionally, the app allows users to view the history of each operation, including changes made to orders, with great clarity. A few minutes after submitting the withdrawal, we received a confirmation email. At that point, we could see our withdrawal status as “pending” in the dashboard.

Introducing Lower Spreads ⏲

All of the platforms on offer are well regarded in the trading community. The MetaTrader suite of services is the most popular globally due to the blend of features it offers, and the WorldtradexTrader platform is developing a following of it’s own. It is easy to set up to trade ‘algo’ models on an automated basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. Forex pairs, metals, indices, energies and cryptos are all available, but traders looking for single stock names will be disappointed.

If you ever have more feedback, questions, or need assistance, don’t hesitate to reach out via our social media channels or LiveChat. When it comes to education, WorldtradexFX realizes the importance of your continued development and progress in the sector. They particularly cater very well for the new traders with an excellent basic training in forex including topics like how to get started with the broker, ECN trading, and technical analysis. Trading hours are the times when a particular asset is available for trading. With WorldtradexFX every asset except for crypto is available for trading on a 24/5 basis, Monday – Friday. This applies to all markets including forex, commodities, and cryptos.

At Worldtradex, our mission has always been to create a transparent, reliable, and trader-friendly environment. We’re proud to have earned your trust over the years and are excited to continue supporting your trading journey ahead.Please don’t hesitate to reach out to us at if you ever need assistance or have suggestions. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. In this review, the FXStreet team presents an independent and comprehensive analysis of Worldtradex, grounded in direct testing and real user experiences. As a leading financial media outlet, our editorial content is driven by rigorous research and data-driven insights, all free from external influence.

The demo account lets you test the platforms while practising trading in a risk-free trading environment using virtual currency. As for account management, I found the deposit and withdrawal services to be fast with same-day funding and withdrawals with no fees. For experienced traders, or beginners looking to develop further, Worldtradex also provides resources to learn 12 trading strategies including chart patterns like wedges and candlesticks like the hammer. As for education, I found Worldtradex provides a consistent stream of webinars with professional traders through a live trading session aimed at all levels. You can experience an “over the shoulder” session with a trader which is helpful to get professional feedback on current market events.

It’s worth noting that Worldtradex’s primary execution venue is one of its own entities in St. Lucia. Worldtradex has made great strides with innovation in its web platform, and new educational content, but offers a limited range of tradeable instruments compared to the best multi-asset brokers. Worldtradex may be best suited if you are new to trading and live in a region where you require support in non-English languages, such as Southeast Asia.