To use the VPS service, you must have an active account and a minimum deposit of $500. Yes, worldtradexFX provides various research tools, including market analysis and real-time charts. The time it takes to process worldtradexFX deposits varies depending on the payment method chosen. Most electronic payments, such as Neteller and Skrill, are processed instantly. On the other hand, traditional banking methods or credit card deposits may take a few hours to a couple of business days.

The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” You may also open a demo account to test the different trading platforms and conditions before opening a real account, should you wish. I think this can be a good way to practice your trading strategies and build your confidence without any risk. You can always switch over to a live account when you feel ready to do so.

Brokers Guides

Leverage means using borrowed money to make larger trades than you could with just your own cash. However, the minimum deposit amount might vary based on where you live and the payment method you choose. worldtradex Cyprus, as a licensed broker, only offers Bank Wire Transfer for its European clients.

• The cashback rebates and affiliate programs demonstrate worldtradexFX’s commitment to adding value to its clients.
• These platforms provide robust charting and a wide range of order types and enable automated trading.
• worldtradexTrader is a built-in trading platform available on the web and as an app.
• worldtradexFX doesn’t charge traders any commission for holding an order overnight.
• The minimum deposit is $25, while for several cryptocurrencies, the amount is approximately $50.

Are there any performance bonuses for top-performing affiliates?

worldtradex broker offers the MetaTrader 5 (MT5) Pro Account, which is very profitable for experienced investors and new traders alike. The worldtradex broker website works just like the desktop platform of MetaTrader 4. Every worldtradex client can participate in the Champion Demo Contest by trading in a demo account. The top 5 users with the highest balance by the end of the contest round can win prizes ranging from $500 to $40. To participate, log in or sign up, open a new Champion contest account, download the MT4 platform or use the browser version, trade starting from 8 May, and aim for the highest balance to win a prize. Over the years, worldtradex has seen significant growth and development compared to its earlier offerings.

We also found that worldtradexFX is highly regarded for its user-friendliness and sophisticated trading tools, making it appealing to both novice and experienced market participants. According to our research, worldtradexFX has earned a reputation as a reliable participant in the forex brokerage industry. Numerous traders have praised worldtradexFX’s commitment to providing an efficient trading environment. The virtual private server (VPS) is meticulously configured to support MetaTrader 4 (MT4), one of the most reputable trading platforms in the forex community.

• You get convenient access to the markets via powerful and fully customisable trading platforms with accounts to suit all types of trader.
• With 300 markets I found worldtradex provides the major financial instruments most traders would focus on such as forex majors, gold, stocks like Tesla, or cryptocurrencies like Bitcoin.
• Going by customers’ review, worldtradexFx can be said to be unworthy in light of numerous complaints heralding withdrawals, especially on large size accounts.
• First off, you will notice when you are trading at worldtradexFX that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions.

Notably, worldtradex doesn’t charge fees for fast deposits and withdrawals. Overall, we think worldtradex is an innovative broker that really cares about its clients. worldtradex is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies. Additionally, worldtradex offers impressive customer support to assuage any potential challenges traders might face.

Remember, your earnings from the worldtradexFX Affiliate Program are commission-based and directly proportional to the trading volume of those who join worldtradexFX through your referral link. Your commission is calculated as a percentage of your trading volume. The worldtradexFX Affiliate Program’s user-centric design is one of its most notable features. It has an easy-to-use interface and real-time statistics to monitor performance. An economic calendar, daily analytical posts, and automated technical insights via MetaTrader’s Autochartist plugin are all included in this section.

Can I access educational content on the worldtradexFX mobile app?

Our broker reviews are reader supported and we may receive payment when you click on a partner site. worldtradex has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. worldtradex is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA).

Which Markets does worldtradexFX offer?

Once your account has been funded, you can begin trading Forex and CFDs with worldtradexFX’s trading tools and features. This makes it an excellent choice for those looking to increase revenue by leveraging a larger network. Overall, the worldtradexFX Affiliate Program and its ancillary options provide traders with a comprehensive suite of opportunities to capitalize on their networks and expertise. worldtradexFX has launched a campaign called “Trade and Win Giveaway” to recognize the hard work of traders in the UAE. Meeting certain trading volume requirements allows participants to win exciting rewards like exclusive trips, laptops, or smartphones through random selections.

However, when compared to research leaders IG, Saxo, and CMC Markets, worldtradex has room to enhance its research offering. For instance, I found that the content on the worldtradex Blog is not updated daily across all categories. worldtradex has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers.

Deposit Options and Fees

Therefore, worldtradexFX designed an Islamic Account specifically for Muslim customers, considering their strict religious beliefs prohibiting interest transactions. worldtradexFX’s Affiliate Program offers a sophisticated and adaptable model for Emirati traders looking to supplement their income through client referrals. This program is one of worldtradexFX’s two passive income options, the other being the CopyTrading feature. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders.

Coming to leveraged overnight holdings, the broker charges no swaps. worldtradex also operates under other entities Worldtradex reviews that are regulated by lower-reputation organizations. One negative aspect we encountered while trading with MT4 was that it does not allow for regular partial closes.

With its user-friendly platform, competitive spreads, and a range of educational resources, it caters to both beginners and experienced traders. The worldtradexFX Copy Trading feature simplifies the journey for those looking to follow in the footsteps of successful traders. Let’s start with fees and commissions, because no one wants to get nickeled and dimed, especially when you’re just starting out. worldtradexFX also doesn’t charge any commissions, while FXTM and Exness both charge a small commission fee per trade on top of spreads.

Contests and offers

Added to that the fact they do only offer a limited range of base currencies and not many deposit or withdrawal methods and you can see the limitations of this otherwise popular broker choice. You can request a human agent who was surprisingly not as helpful as the AI with canned answers and no depth of product knowledge. This was frustrating when asking questions about their services and trading accounts as I felt they didn’t answer the question. Overall, the account opening process took 3 minutes which is the fastest application I have completed for opening a live trading account. I think having worldtradex Copy is a good alternative for beginners or those who don’t want to invest their time in learning how to trade. At least this way, you can copy an experienced trader and benefit from leveraged products such as forex, crypto or commodities like gold.

worldtradex, with a trust score of 70, is regarded as having ordinary risk, thereby giving traders a fair degree of confidence about its dependability and operational integrity. In addition, there is a security of the traders’ accounts applied by the Investor Protection and Compensation Schemes in case the broker goes bankrupt. Given its responsive and multi-channel customer service and the supplementary resources provided for customer support, worldtradex showcases a strong commitment to assisting its clients. There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable. worldtradex platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading.