When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Worldtradex terms and conditions. It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

We do not understand why Worldtradex is stuck to an outdated technology when other brokers have firmly moved towards the more advanced MT5  trading platform. There are three account types (Standard, Advanced, and XL) offered by the broker. But when examined closely, one cannot find much disparity between them. All of them have similar basic features without much alteration.

If you discover yourself in such a predicament, take the subsequent measures to recover your funds:

There are other more reputable and highly regulated brokers like HFTrading, ETFinance which provide better services at a shallow minimum deposit than Worldtradex. I think it’s one of the most lucrative forex brokers I’ve ever seen.It doesn’t mean that it has no flaws though. Overall, strict financial regulation is essential for ensuring that trading platforms like Worldtradex operate fairly, transparently, and responsibly, which ultimately benefits all Worldtradex stakeholders involved.

We encourage constructive feedback

Worldtradex is also registered in 26 European Union countries under the Markets in Financial Instruments Directive (MiFID). I actually promised myself not to change my broker again, but it had some major problems. I am still not sure actually whether or not I will be transfering here all my capital. But this platform has none of the major trust problems, reliability issues, dubious questions about withdrawals and deposits.

• We aim to provide you with all the information in this Worldtradex review you need to determine if Worldtradex is the right fit for you.
• Worldtradex comes with MetaTrader 4 (MT4), which is well-known and liked by a majority of global traders.
• Worldtradex is a reliable platform that can be considered trustworthy due to its strict regulatory practices.
• Let’s explore each of these trading platforms in detail and what options Worldtradex gives you.
• In the XL account, the minimum deposit is 500 dollars with very fewer features available.

Worldtradex MetaTrader 4 AutoChartist

• I always like to check an economic calendar before take a decision on the trade.
• Please note that the list of payment methods below depends on the Worldtradex Entity and the client’s Country of Residence.
• We do not think the services provided by the broker match the extremely high minimum deposits at all.
• Please be assured that our dedication to delivering unbiased assessments, exhaustive scrutiny, and well-informed perspectives remains resolute.

With negative balance protection, Worldtradex trading losses are always limited to the current balance of funds in the trader’s account. The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment. As a trader, you should feel confident that your financial investments are in good hands with Worldtradex. So take the time to research Worldtradex thoroughly and make the most of your online investing experience. The broker offers trade via MT4 trading platform for mobile and desktop trading.

It can be challenging and requires significant research and understanding of the Worldtradex trading tools and features. That’s why we’ve compiled this detailed Worldtradex review with some important information that will hopefully make you more informed when online trading with Worldtradex. Our team has endeavored to break down the complex world of trading with Worldtradex into easily digestible information in this Worldtradex review.

When choosing a platform, caution is warranted if the company lacks regulation by any overseeing agency. This should serve as a warning that your funds may not be secure, and there’s no protective regulatory framework. Unregulated entities can potentially abscond with your money without being held accountable. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible. Worldtradex offers Forex trading, CFD trading, and Share Dealing trading. It’s worth noting that the expiration date of the proof of address document may differ for different entities under Worldtradex Brand.

Written by the company

All Worldtradex clients can access free trading tools through the Traders Hub, which provides various helpful features. These tools include VPS, SMS notifications, EAs, technical analysis, and trading tools. Additionally, the platform offers interest rates from global central banks. Worldtradex provides free VPS (Virtual Private Server) access for stable, fast, and high-performance trading.

Although traders have had great success with Worldtradex, trading on the financial markets with Worldtradex is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Negative balance protection is important for traders using leverage on platforms like Worldtradex. In an unfavourable market move, leverage can result in a loss that exceeds the trader’s account balance, leaving them with a negative account balance. If a Worldtradex trading position does not go in your favour, this is where negative balance protection comes in handy.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Worldtradex involves developing a strategy considering risk management techniques such as stop-loss https://worldtradex.bid/ orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets. While learning, you can also use global trading times to practice making live buy or sell trades using Worldtradex.

Your capital is at risk

I was a bit cautious when I saw that XL account is the only option; but the conditions are quite enticing, so I ended up opening one (Thankfully, they made is swap free on my request).

Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring Worldtradex’s platform. This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal. It’s important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn’t allow automated trading scripts such as Expert Advisors.

Therefore, before trading, verify the Worldtradex trading instruments Worldtradex forex brokers reviews available and the regulations governing them based on your account holder, location, and chosen platform. But it’s the analyst reviews and articles that have become my real love. They have given me a much better understanding of what is actually happening in the market and how I can really use them in practice.

Worldtradex comes with MetaTrader 4 (MT4), which is well-known and liked by a majority of global traders. It is equipped with useful tools such as advanced charting, and trading strategies, and a nice user-friendly interface. This step is counted as one of the very important factors for traders and thus their ratings go higher. The company has a license from at least one reputable regulatory body, such as the CySEC, and ensures compliance with industry standards and safeguarding client funds. Its regulation contributes positively to its ratings for credibility and security. The company providing multiple deposit and withdrawals methods.