Account security — in line with the guidelines provided by the better regulators, WorldTradex keeps client funds in segregated accounts. Electronic access and communication is also protected by a ‘SSL-secured Personal Area’, which has 128-bit encryption, and makes your browsing safe and your data inaccessible to any third parties. WorldTradex gives high priority to the ‘Analysis and Education’ section of its site. The ‘Forex Basics/Technical Analysis’ library, for example, contains a step-by-step guide to support traders that are getting into trading.
Copy trading at WorldTradex with dat choice of leaders is getting more interesting for me. There are guys with solid performance, so their strategy can be quickly evaluated and then you can fastly get in. You can earn up to $12 per lot traded, with commissions reaching https://worldtradex.site/ up to 80% of the spread revenue.
- Quite the opposite; the firm simply offers reliable, fast, low-cost trade execution using market-leading platforms.
- While it is MiFID regulated, it is not publicly traded and lacks some major regulatory authorizations.
- In addition to traditional platforms, I did find that copy trading is available through the WorldTradex Copy platform giving you an alternative approach to leveraged products like forex and gold.
- WorldTradex offers over more than 50 different instruments to trade, including over 35 currency pairs.
- Whether funding your account with cryptocurrency or a bank card, the process is smooth, with most methods being free and fast.
- Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4.
- Deposit, withdraw, manage accounts, trade, read market analysis—everything in one app.
Minimum Deposit and Account Types
He has also published a book in 2023 on on investing and trading. This is because you will receive better protection and service from your local regulator should you need to enforce a complaint. However, in my experience with regulators like MAS, they are very professional and helpful so this is by no means a poor regulator. Additionally, Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number from the Financial Sector Conduct Authority (FSCA) in South Africa. It is also regulated by the Financial Services Commission Mauritius (FSC) and Mwali International Services Authority (MISA) for non-EU clients.
We encourage constructive feedback
However, traders should always conduct their own research and consider their individual needs before choosing a forex broker. Compared to other forex brokers in the industry, WorldTradex stands out for its low spreads, competitive pricing, and excellent customer support. While other brokers may offer similar features, few can match the combination of benefits that WorldTradex provides to its clients. Established in 2011, WorldTradex, formerly WorldTradexFX, is a renowned forex broker offering competitive trading conditions and a diverse range of tradable instruments. Focusing on providing traders with low-cost pricing across various asset classes, WorldTradex has garnered a loyal customer base and cemented its reputation as a reliable and trusted platform in the trading community.
What are the key differences between MetaTrader 5 and WorldTradexTrader?
I wish there is a screenshot uploading mechanism over here so that I can uncover their deceptive face to everyone.I am an honest ethics driven businessman and still doing my VPS business with such credibility. These types of unethical behavior practices followers are just cancer for others’ trust and as well as for the business organizations. I find that FPA is one of the few places where victims can tell their story of how cfd broker rips them off and has a chance at justice.
METATRADER 4 AUTOMATED TRADING
Should you have any further inquiries or require assistance, please don’t hesitate to contact us via live chat or by emailing Our team is available to assist you at any time.Kind regards,WorldTradex Rep. It’s good to see WorldTradex offer MetaTrader 4 as it is one of the most recognised trading platforms for retail forex traders in Malaysia thanks to its advanced charting tools. I like that out of the box you have access to 30+ technical indicators from moving averages to Bollinger bands and 24 analytical objects making on-chart technical analysis simple. In conclusion, finding a reliable forex broker is crucial for traders looking to navigate the ever-changing forex market successfully. Forex Peace Army has provided valuable insights and recommendations through its extensive research and community-driven feedback.
October Broker Review: Withdrawal and Deposit
- I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk.
- You can reach us via live chat or by emailing We are always available and happy to assist you.Thank you for your patience and understanding.
- With more than 42 million trading accounts spread across 180 countries, it offers commission-free access to a wide variety of financial markets.
- Adding a layer of intelligence, based on our WorldTradex copy trading analysis, the broker presents the Risk Score function—an automated indicator of the risk connected with every Master Trader’s approach.
- During our own testing, we found the average ‘first response’ time to be greater than the seven seconds claimed on the firm’s site.
- The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.
Our content production team (text, images, videos, software, Chrome extensions, audio, etc.) works independently. All research on various indicators, oscillators, smart robots, and artificial intelligence is conducted separately from our advertising department. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
WorldTradex is a trusted broker that offers Contracts for Difference (CFDs) and competitive spreads across 300 trading instruments. This WorldTradex review aims to give a clear view of the broker and its services. We hope, with these insights, anyone interested in WorldTradex trading opportunities could decide whether to invest in them or not. Users from all over the world have traded in the financial markets using our platforms and mobile apps. Therefore, it is doubtful that the ‘WorldTradex scam’ is a correct evaluation of the our activities.
Most Reliable Broker Asia 2023
I was surprised most by the WorldTradexTrader which is limited in comparison to MetaTrader but offered a unique technical analysis service which impressed me with the expertise of the analysis. 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. The broker offers excellent deposit and withdrawal speeds that are fulfilled within the same business day during the week.
These are two offshore regulators that allow WorldTradex to provide secure financial services in 180 countries. Amongst the new features and platform improvements, you can still automate your trades with MetaTrader 5 and Expert Advisors. If you are interested in automating share CFDs, MT5 is the only platform on WorldTradex to provide this. If you want to see how WorldTradex’s spreads compete with other Malaysian brokers, I created a simple trading cost tool that you can use. The spreads on the MT5 account were stable in my tests during the New York and Asian trading sessions. While monitoring the spreads the broker’s EUR/USD spread fluctuated between 0.80 and 0.90, which is slightly more than the minimum advertised.
Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals. Platform choice ultimately comes down to personal preference, but WorldTradex has signalled its intent by offering its clients the choice of two market-leading platforms. The WorldTradexFX.com website is registered under WorldTradex Markets Ltd regulated and licenced in Mwali by MISA, traders can experience alternate leverage ratios and bonuses depending upon where in the world you are.