worldtradex Review 2025 Trade with an award-winning CFD broker

For real-time assistance, worldtradex provides live chat with fast response times for basic questions, while more specific inquiries are directed via email for thorough resolution. worldtradex, founded in 2010, is a forex and CFD broker regulated by multiple authorities, including ASIC, FCA, and under MiFID regulations. While it offers a variety of trading instruments and platforms, its overall offerings and ratings are average in the competitive forex market.

STP/ECN Accounts

• Compare worldtradex with the top 3 similar brokers that accept traders from your location.
• Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices.
• They are highly informative and cover a wide range of topics – from the basics of technical analysis to the intricacies of trading psychology.
• Brokers operate multiple entities because it allows them to serve clients worldwide.

worldtradex has closed down operations in China, Russia, and Nigeria in recent years, focusing client development in more traditional venues. There is a wide range of stock, commodities and futures available for trading. WebTV represents ‘Market Insights’ and ‘Technical Views’ in video format. Notesco Limited does not accept clients from the U.S., Cuba, Sudan, Syria, and North Korea.

Where is worldtradex based?

Each piece is light and easy to grasp, containing no more than 2-3 sentences. This type of content is not intended to delve deep into the subject matter but rather to help traders screen potential opportunities as they emerge. The Market Buzz feature is a tool used for fundamental analysis and trading on volatility outbursts. https://worldtradex.space/ You can use it to gauge interactions on social media for instruments from several asset classes – cryptos, shares, currencies, commodities, and indices. In my experience, market execution is better suited for day trading and position trading strategies where volume is important.

One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. Certain features, such as the one-click trading option and depth of market tool, enhance the platform’s overall performance. They allow traders to easily examine the current market behavior and enter into trades quickly. worldtradex charges above-average swaps, though this can also be partially explained by heightened volatility at the time of my review. It is also worth pointing out that the broker permits swap-free trading via its Islamic accounts. worldtradex operates through three entities, with two regulated by the FCA in the UK and the FSCA, and one entity remains unregulated.

Trading Platform

Customer support via live chat is available in English, French, Spanish, Chinese, Japanese, Korean, and https://worldtradex.world/ Farsi. Before you connect to an agent, you have to provide your name, email, and account number (if applicable), and choose a preferred language. There is also a dedicated FAQ section on the website for more general queries, such as how to set up a trading account. The agents are generally knowledgeable though they seem to struggle when communicating more complex information in English.

The glossary provides clear definitions of common trading terms, ensuring that traders have a strong grasp of the language used in the financial markets. This resource is especially useful for beginners who are just starting their trading journey. It offers beginner education videos and general education on forex and CFDs. Based on its rating for education and beginners, it provides an average educational experience.

But it is less so for intraday trading strategies, such as scalping, where precise order filling is more important. Contracts for difference (CFDs) are derivatives used to speculate on the price of the underlying without physical delivery. For example, a long position on gold would generate a profit as the price rises or incur a loss as it falls.

worldtradex vs Other Brokers

There is also free VPS hosting and a visual representation of when the major markets are open. The worldtradex Research mobile app provides financial articles, real-time currency quotes, daily technical and fundamental commentaries, live economic calendar alerts, and daily market news. There are enough resources for beginners and experienced traders alike.

Client funds are segregated from company funds, reducing the potential for misuse. They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types. They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules. Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP). This allows you to trade indices on various markets across the globe with deep market liquidity and easy to use trading platforms. They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips.

It is actually quite rare to find a broker that has fixed spread account which is often a choice for traders who are running scalping strategies that need consistent spreads at all times. worldtradex offers a variety of account types to cater to different trading needs, including Standard, Premium, VIP, Zero Fixed Spread, and STP/ECN accounts. Each account type has specific features, such as varying spreads, commission structures, and leverage options.

Beginners may stick to MT4 Standard while experienced traders will use MT4 Advanced and professionals or money managers will use the Personal Multi-Account Manager. worldtradex offers access to trade a decent amount of around 300 trading instruments across multiple markets including Forex, Commodities, Futures, Stocks, Shares, Indices, Metals, Energies & CFDs. Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed using one account across all trading platforms. In the Middle East and Africa, worldtradex offers its services to traders in countries such as the United Arab Emirates, Saudi Arabia, Kuwait, Nigeria, South Africa, and Kenya.