worldtradexFX Review 2025: The Truth Unveiled Legit Opportunity or Risky Scam?

This account type is a great starter account, though at the moment is not available to EU traders. Here are a few of the worldtradexFX account types you can look forward to trading with once you get started. 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. We invite you to visit TopBrokers for up-to-date information on the trading industry, broker reviews, and more.

The Kite app offers the same speed and features as the desktop version, so you can trade confidently wherever you are. Stay protected with timely alerts about risky trades, illiquid stocks, and upcoming corporate actions. View detailed order book data to better understand market liquidity.

Still as a trader, you can bank on the legitimacy and security provided by CySEC regulation. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn’t imply direct instructions for investing. For those wanting to learn more about MetaTrader platforms, we recommend reading our MetaTrader 4 review. When doing research for this worldtradex review, we noticed a few areas where this broker stands out in the industry. We noticed one of the primary focuses of worldtradex is its focus on emerging markets. This places worldtradex as an interesting platform for established investors looking for diversification.

• Take your analysis to the next level with 38 built-in indicators and 44 drawing tools.
• We use a defined set of criteria when reviewing each forex broker.
• There’s no question – if worldtradex wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.
• Use our country selector tool to view available brokers in your country.

Guaranteed stop order fees, overnight funding fees, and currency conversion fees are not separately specified by worldtradex. worldtradex, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community.

The spreads here start at an extremely competitive 0 pips with $5 per side per lot of commission, or from as low as 0.2 pips with no commission depending on your account type. When it comes to spreads and commissions, worldtradexFX works both with floating and fixed spreads. The floating spreads can start from 0 pips depending on your account type. However please be aware that some fees may be applied in certain cases. There may also be a fixed exchange rate in place to benefit you as a trader depending on location. Here the broker makes a special fixed exchange rate of 1 USD to 10,000 IDR available that can help traders combat currency volatility.

• They offer tight spreads with pips as low as 0.6 pips for all accounts.
• Trading costs such as spreads are clearly explained on the Spreads and Conditions page.
• worldtradex also offers social copy trading, which is great for beginning traders.
• When it comes to regulations, worldtradexFX is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776.
• Plus, with VPS hosting, you can run automated strategies non-stop even when your device is off.

What is Affiliate Marketing: Everything You Need to Know in 2025

In the following worldtradexFX review, we will be looking at what makes worldtradexFX unique, and everything you need to know before you register your first trading account. 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. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” Founded in 2011 in Cyprus, worldtradexFX is a well-regulated broker with oversight in place from CySEC and SVG. They provide ECN execution which is popular among scalpers for its high speed.

Tailored for All Traders

worldtradexFX’s no-fee policy for deposits and withdrawals, combined with its competitive spreads and high leverage, creates a cost-effective trading environment. Comprehensive customer support and a wealth of educational resources add value, empowering traders to make informed decisions. 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.

But, to make sure you do not miss any detail that might be crucial to getting your account verified, we will go through the steps to set up your account, and what you can expect to see. Beginners are usually recommended to use the MT4, while MT5 is recommended for those who already have Worldtradex hands-on experience in trading. Trading regulations differ between regions, so the leverage may change depending on where you live. In today’s world where information leaks are not something uncommon, worldtradexFX ensures the safety of users’ personal and banking information by using SSL technology with 128-bit encryption.

Where is worldtradex based?

FBS has your back with free demo accounts, webinars, tutorials, and beginner-friendly resources to help you learn at your own pace. Trade with powerful leverage options and enjoy some of the tightest spreads in the market—especially on high-demand assets like gold and oil. You can even build your own trading bots and indicators using the MQL5 language.

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Indices measure the performance of a certain group of assets, most usually stocks. Major indices such as US30 include stocks of the most important companies in the entire national economy. This way, an index indicates how well that economy performs as a whole. Major indices represent entire national economies, so you can find trading opportunities by analysing any kinds of political and financial news. Look out for corporate announcements from major companies in the index you are trading or check out the economic calendar to find relevant events. Yes, the broker is licensed by two med-level authorities that regulate the conduct of financial organizations in Europe and around the world.

www.worldtradexfx.com

Furthermore, the spreads starts from 0.6 pips on different accounts; However, it depends on the instrument or the trading pair. Exness is a global broker known for its competitive trading conditions. This includes low spreads, flexible leverage options, and swap-free trading. Where Exness rises above worldtradex is in their level of trading instruments.

worldtradex processes more than $9 billion in monthly trading volume and has executed over 920 million trades since its inception, according to company data. These substantial operational metrics match the broker’s strong positioning in search visibility. You can open a demo account with unlimited funds and no expiration giving you ample time to test each platform to see which suits you best. The demo account provides real-time price feeds like a live account but gives you virtual funds to trade in a risk-free environment.

IC Markets offers a library of tutorials, articles, videos, and webinars to help you boost your trading skills and stay informed. From market and pending orders to stop and trailing stop orders, MT5 gives you more flexibility to manage your trades the way you want. You can also build your own trading bots, indicators, and scripts using MQL4. CFDs let traders speculate on the price movements of currencies without owning the actual asset. These contracts let traders agree to buy or sell currencies at a specific price at a future date. Forward contracts can be customized, while futures contracts are set by a standard agreement.

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.

For this reason, it’s best to proceed cautiously with leverage, even if the allowed levels are high. It’s always smart to experiment with leverage by using smaller amounts until experience is gained. In our opinion, leverage is also safest when trading with one of the best forex brokers.

Compared to worldtradex and some of the other alternatives listed here, Pepperstone is considered more of a big player. Clients are provided with peace of mind through a robust regulatory standing. Additionally, Pepperstone regularly goes through third-party auditing processes. worldtradex handles customer queries through multiple channels including a live chat function, email, and phone support. Forex trading is a major focus, with over 52 currency pairs available, encompassing major, minor, and some exotic pairs.