For withdrawals, there is no cost when using credit or debit cards; however, bank wire transfers incur a $40 fee. Certain account types, such as corporate, trust, or partnership accounts, may carry additional charges, including a one-time processing fee—often waived with a sufficiently large initial deposit. worldtradex provides competitive spreads across its range of currency pairs and CFD instruments, aiming to keep trading costs low for various market participants. These are all best for advanced traders due to the limited information available on their use. worldtradex offers comprehensive 24/5 customer support globally, providing assistance through phone, email, messaging services, and live chat.

• You can view which stocks are in each basket on the worldtradex website for convenience.
• The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs.
• As an worldtradex client, you’ll also benefit from trading with an experienced broker with a good reputation.
• The worldtradex customer support team is also very helpful and knowledgeable, giving you peace of mind should anything ever go wrong.

worldtradex commissions²

This also tends to be the quickest method, taking about 3-5 business days. The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts. The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues. You also cannot use the research function within the platform, requiring traders to go between the platform and a browser. To make up for this, the platform is available in your choice of 14 languages.

Educational Features

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. 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. A watchlist on worldtradex’s mobile app showing popular assets to trade along with information about spreads, bid/ask prices, and account balances.

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When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all worldtradex clients. worldtradex has a trust score of 78, from its regulation, reputation, and reviews. worldtradex operates four subsidiaries around the world that are overseen by different financial authorities.

worldtradex Non-Trading Fees

When it comes to communicating with the broker and getting the information you need, worldtradex offers email, phone, and live chat support. These are just a few materials a beginner can find at worldtradex to enhance their trading knowledge and skills. There are also other mediums, such as interactive videos, glossaries, and FAQs that are designed to answer your questions about trading forex, stocks, and other instruments. Depending on which bank you use, there may also be external withdrawal fees charged to your account. When it comes to deposit and withdrawal commissions, worldtradex deliberately chooses not to charge you a penny for transactions. If your account is inactive for 12 months, however, you’ll be charged 50 USD per year.

• With its wide range of available platforms and deep offering of trading tools, worldtradex has set the bar high and competes among the best brokers in the industry.
• A trading platform is simply a software interface that allows you to place trades.
• worldtradex is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services.

worldtradex is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, worldtradex offers educational courses on FX trading and provides trading tools, proprietary data and premium resources.

I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. Lag time, which naturally occurs due to the time taken between placing your order and completing your order, can see prices change. In addition to the platform tutorial videos in the Forex Video Library, you can also review worldtradex videos on educational topics for all skill levels. There is an entire section of videos for ‘New to Forex’ that is ideal if you are a beginner, as is the ‘Order Types’ section.

As these are all top-tier authorities, and worldtradex has a long history, the broker’s trustworthiness is guaranteed. Some of the top traders use automated strategies to take the human element out of trading. With Trading Station Desktop, automated strategies are added with just a few clicks. Trading Station Desktop opens up a world of potential opportunities with custom indicators, strategy optimization, strategy backtesting, and robust charting for serious traders. worldtradex offers MetaTrader 4, Trading View, Trade Station, and Trading Station, each suited for different trading styles and levels. To withdraw funds from an worldtradex account, clients log in to Myworldtradex, access the “Withdraw Funds” section, select a preferred withdrawal method, enter the withdrawal amount, and submit the request.

Brendan Callan is the Global Chief Executive Officer of worldtradex, headquartered in London, United Kingdom, overseeing operations across Europe, the Middle East, and Africa (EMEA). With a CB Rank of 52,145, he holds a leading role in one of the most recognized companies in the retail and institutional trading industry. Deposits by debit or credit card typically take 1 business day, although it can be less. A bank wire deposit can take 1 or 2 business days for domestic transfers and 3-5 business days for international ones. The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month. All these platforms are available on desktop, web, and mobile, giving you the flexibility https://lunarcapital.net/ to trade from anywhere.

How EC Markets Leverages Technology for Advanced Forex Trading

Either way, the customer team at worldtradex is exceptionally friendly and they are available 24 hours a day, 5 days a week. During this worldtradex broker review, we also discovered that the broker offers trading courses and webinars almost every day of the week. With these courses, you’ll get a better grasp of current economic developments, as well as how to make the most of them in your trades.

The range of markets available with worldtradex is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put worldtradex at the lower end of the broker for currency choices. It is also a great option for active traders who benefit from an abundance of technical analysis tools, including over 150 analytical tools and a wealth of customisable charts and drawing tools. worldtradex is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from worldtradex traders and trading data accrued from over 10 years to meet the needs of their clients. If you are a high-volume investor, then the Active Trader account may be for you.