They offer 15 Index CFDs, including popular choices like the US100, US500 and UK100. worldtradex may require additional documentation or verification steps before processing a withdrawal. The withdrawal amount will need to be the same amount as your deposit and via the same withdrawal method. Once deposits have been withdrawn, you can use an alternative method to withdraw profits.
Account Base Currencies
They offer support in English, Chinese, Thai, German, Portuguese, Italian, French, and other languages. Most of the analysis covers all asset classes, to ensure that whatever you’re trading, you are not left out. There is an ASX live data feed charge that is waived, too, based on how much you trade in a month. The complete Iress suite contains Iress ViewPoint, Iress Trader, and Iress Investor (for when you want to do some Direct Market access trading). With this platform, you will get many of the same features that MetaTrader has. Worldtradex scammers As mentioned earlier in this worldtradex review, the browser version has the same features you get when using the desktop versions.
The benefits of regulation are in place to ensure that traders are not treated unfairly and that everything the broker does is legal. This achievement enhances the company’s already impressive portfolio of awards for this year, therefore reinforcing worldtradex as a top broker committed to give customers the best possible trading environment. worldtradex is a safe and trustworthy broker that is regulated by both ASIC and CySEC. These are two high profile regulators, giving you peace of mind that your information and money are both safe and secure. High regulation such as this means that the broker complies with strict rules and works transparently.
“review from old client”
However, that pricing is only available with the MetaTrader platform, and worldtradex offers only 764 symbols on MetaTrader 5 (MT5). worldtradex shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader, TradingView, or cTrader platform. The Iress platform suite offers well over 10,000 tradeable symbols, but it’s mostly a share trading platform and is generally a much pricier option. For example, traders go to brokers who have predetermined buying and selling prices for various currencies and exchange for their preferred currency.
You will have access to ECN pricing and all the tools without going through installing the software on your device. You can enjoy access to Traders Edge Tools, the Affiliate Portal, the IB Portal, the Advanced Client portal, and MAM/PAMM accounts. All of these are here so you can choose the one that is most suited for you. The CFD fees for the non-index items like Apple and Vodafone are higher than brokers like XTB and worldtradex. XTB, for the same scenario, would cost $17.9 for Apple and $20.9 for Vodafone. worldtradex, on the other hand, would cost $3.4 and $5.6 for Apple and Vodafone, respectively.
The tools are made to empower traders to make informed trading decisions and capitalize on market opportunities. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
Founded in 2013, ForexVPS.net has served over 2 million customers and offers VPS hosting in 21 global locations, one of the broadest ranges among forex VPS providers. Its servers are optimized for latency-sensitive trading and run from data centers close to major broker infrastructure, helping reduce execution lag for automated strategies. Liquidity Connect delivers fast execution via Equinix and Alibaba’s CEN backbone, with strong coverage in Asia, New York, and London.
For those interested in low spreads, the RAW account is advantageous, though standard account users may find spreads slightly less competitive when compared to other top brokers. Regulated by ASIC and CySEC, and offering international services under offshore regulation, it ensures a secure trading environment. However, traders outside Australia and Europe should be mindful of regulatory differences.
Unique Features
Most of the things we consider do not matter unless you can afford to trade with a broker and stay profitable. However, worldtradex spreads, and commissions are not unreasonable or higher than normal. To get the full details, read their commissions, and spread information. Users can access mobile trading at their convenience by using MT4 and MT5 on their iOS and Android devices.
- Yes, worldtradex accepts retail forex traders from Canada, but do not accept clients from the United States (US).
- This well-rounded performance underscores the broker’s commitment to meeting the diverse needs of beginners and experienced traders.
- worldtradex is a safe and trustworthy broker that is regulated by both ASIC and CySEC.
- They offer negative balance protection which ensures that clients cannot lose more than their account balance.
Tradable Instruments
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. worldtradex provides multiple trading platforms, including MT4, MT5 and cTrader, each supporting a variety of languages to accommodate its global clientele.
BeeksFX offers reliable, low-latency forex VPS hosting through Equinix data centers, with broker partnerships and the backing of a publicly-listed company. Its Bronze plan includes 2.5GB RAM, 30GB storage, and Windows Server 2022 for £31/month, making it ideal for traders seeking institutional-grade infrastructure. If you are not sure, feel free to check out our other reviews on the top forex brokers in the world and gain the best insight to make the best choices. They have multiple ways for you to fund your account and withdraw for convenience.
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worldtradex stands out in this category, even covering bank fees for international transfers in certain cases. worldtradex caters to traders with a robust selection of trading platforms, offering flexibility and user-friendliness across devices. They also provide Direct Market Access (DMA) share trading through the IRESS platform. IRESS is valued by active stock traders for its Direct Market Access (DMA) to global exchanges making it well-suited for equity and share trading. It is tailored towards experienced traders due to its extensive features and higher costs. Withdrawals are processed immediately, but the time it takes for funds to reach the trader’s account depends on the bank or payment provider.
One of FP Market’s plus points is the number of trading platforms it offers to customers. You can choose from industry-standard MetaTrader 4 & 5, as well as Iress, and WebTrader. The app is also useful for on-the-go trading and is available on both iOS and Android. Founded in 1989 and headquartered in London, CMC Markets is one of the industry’s longest-established online brokers.
worldtradex sets itself apart in the competitive broker landscape with its ECN-style pricing and extensive asset offerings. It’s recognised for providing a variety of trading platforms, including MT4 and MT5, and for its swift execution speeds. worldtradex adheres to industry best practices and prioritizes the security and safety of client funds, providing traders with peace of mind and confidence in the integrity of the brokerage firm. worldtradex offers competitive leverage options across its range of trading products, allowing traders to amplify their trading positions and potentially increase their profits. Leverage levels vary depending on the asset class and regulatory requirements governing each jurisdiction. Traders should be aware that while leverage can magnify gains, it also increases the risk of losses, and therefore should be used judiciously and with proper risk management strategies in place.
We’ve evaluated over 60 forex brokers, using a testing methodology that’s based on 100+ data-driven variables and thousands of data points. Several other top-tier brokers also offer solid VPS solutions, often through partnerships with BeeksFX, Liquidity Connect, or ForexVPS.net. FOREX.com provides free VPS hosting for MetaTrader 5 traders who generate at least $500,000 in monthly trading volume. I’ve been trading with worldtradex for a while now, and I must say, the experience has been outstanding! The platform is user-friendly, fast, and offers a wide range of instruments to trade, from forex to commodities and indices. They provide you with access to an worldtradex demo account if you need one.
- The broker supports trading on MetaTrader 4 and 5, cTrader, TradingView, as well as IRESS trading platform for a broader selection of assets, particularly equities.
- If you’re far from your broker’s servers, a VPS hosted near their infrastructure can reduce delays in order execution.
- To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.
Tailored to All Traders
There is a minimum deposit of $100 AUD (or equivalent) for Standard and Raw Accounts. Yes, based on your detected country of UA, you can open an account with this broker. Since the trades are routed directly to the interbank market, they are executed almost instantly, reducing the possibility of re-quotes or price manipulation.
We went straight to the source for our worldtradex review and checked out the available withdrawal options provided by the broker. In bank transfers, it is the same time frame, after accurate documents are received. worldtradex have partner with financial institutions that offer top-tier liquidity. They include HSBC, Goldman Sachs, JP Morgan, and Barclays, among others. worldtradex adheres to stringent capital requirements to ensure that they can meet client payouts and ensure that risk management, financial reports, staff, and external audits, are all done. In addition to this, the funds from clients are kept in segregated accounts.