Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments. Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information. Worldtradex is generally perceived positively, with customers appreciating its diverse account options, educational resources, and responsive customer support. Many users highlight the platform’s reliability, low commission structures, and effective trading tools, which contribute to a favorable trading experience. However, some concerns arise regarding the complexity of the platform and occasional difficulties with the verification process.

RAW/ECN Account Commission And Spread

To qualify for the bonuses, you need to open a trading account with Worldtradex and make a deposit. Depending on the amount you deposit, you can benefit from different types of bonuses, such as the 100% Unlimited Sharing Bonus or the 40% Power Bonus. However, they can be used as extra capital to enhance your trading experience and increase your chances of success while trading. Potential traders should conduct thorough research to ensure Worldtradex aligns with their strategies, finances, and risk tolerance. While Worldtradex is a strong choice, individual needs and strategies should be considered. The minimum deposit at Worldtradex is $50 for most accounts, except for the Zero Spread option, which requires $500.

• Each account type caters to different needs, with varying spreads, commission structures, and access to different trading instruments.
• Create a secure password and set up any necessary security features (like two-factor authentication) to protect your account.
• Traders can also get started with a $100 minimum deposit while the Worldtradex.com group has good reviews from other users online.
• The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08.
• This platform is stable and support has been helpful every time I have reached out.

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Whether you’re seeking trading assistance or account management help, their multilingual team ensures prompt and efficient customer service to meet your needs. Yes, Worldtradex is a trusted and regulated broker with a strong reputation in the industry. The company continuously invests in security and product innovation to ensure a safe and professional trading experience for all clients.

Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution. Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. Each demo account imitates real trading conditions, the only difference is virtual money is used. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money.

Worldtradex provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards. For Standard accounts, Worldtradex’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

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That self-control for me is not natural.Worldtradex, I think, is good for scalping, if its not with EAs. Customer service also top-tier, at least in the recent 2 years I think they have stepped up their game. The name did throw me off in the beginning, like what are we sharing?! But then I had to contact the support and they gave me the rules and explained to me in SIMPLE! Terms what this means, and I apprecaite that they made i t clear so I understand because I am not good with all this technical talk terminology. This bonus has worked quite well since I got it, and I have much more flexibility and you can just adjust your risks much better this way.

How do I apply for a bank withdrawal?

Where many brokers only offer a few accounts, Worldtradex have a great range of different trading accounts to cater to the needs of many different styles of traders. There are accounts with floating spreads, fixed spreads, no commission and spreads starting from zero. They also offer corporate and institutional accounts, with a dedicated business account manager who can prepare a bespoke service package catered to your needs. Worldtradex is a globally recognized leader in online forex trading, providing traders with various innovative solutions and exceptional service. Founded in 2010, the company has grown to serve over 1.5 million clients across 180 countries. With a portfolio of over 500 tradable instruments, Worldtradex offers a wide range of products including forex, spot metals, futures, shares, spot indices, and commodities.

• Of course, on demo, you can’t say much about payments and executions.
• Each client is treated with the upmost esteem and as a valued partner.
• Afterward, you’ll gain access to the dedicated IB portal where you can track your referrals, commissions, and earnings in real-time.
• Worldtradex sets an accessible stage with a minimum deposit of $50, ensuring an inclusive trading environment for a broad spectrum of traders.

Earlier in 2018, Worldtradex announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. Yes, Worldtradex offers several trading bonuses including a 100% bonus on your first deposit and various promotional offers tailored to different account types. Worldtradex provides a solid, user-friendly environment for traders looking for competitive trading conditions and a variety of market options. Worldtradex provides Standard, Premium, VIP, and Live Zero Fixed Spread accounts. Each account type caters to different needs, with varying spreads, commission structures, and access to different trading instruments.

The Worldtradex group presents clients with two regulated trading entities and maintains a secure trading environment. If you were still deciding to join, Worldtradex has different accounts, you https://worldtradex.online/ can choose between the live or STP/ECN depending on your needs and preference. I am trading with the live premium account and it’s been smooth.

They give you convenient access to a generous range of trading instruments across multiple markets. The advanced trading technology incorporated ensures that the trading conditions are some of the best available with competitive spreads (fixed/variable) and competitive trading costs. There are plenty of account types and payment options to suit all types of traders whilst each client is treated equally. Furthermore, the charitable work they do is very commendable and good for the community.

When it comes to low fees

This ensures traders do not lose more than their initial deposit. Worldtradex also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity.

Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. Metatrader 4 and 5 for Android, iOS, and Windows Mobile provide easy integration with desktop and tablet versions. They also offer the free Worldtradex Research app, which has no trading functions. Metatrader 5 adds important features lacking in the older version but retains frustrating aspects of this industry-standard software, including weak customization and limited conditional orders. The lack of two-factor authentication in both Metatrader versions adds a security hole that needs to be fixed.

However, the Live Zero Fixed Spread account does charge a commission for trading. Worldtradex VPS (Virtual Private Server) Hosting allows you to trade with enhanced connection speed, security, and reliability. It ensures that your trading system remains online and reduces any potential downtime, which is especially important for automated trading. After your account is set up, you can download the MT4 platform or use MT4 WebTrader to start trading. Worldtradex employs advanced security measures designed to protect your personal information, funds, and privacy.

Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. A section on the official website of the Worldtradex is devoted to Forex trading education. It offers a wealth scammed by Worldtradex of useful content for novice traders, including articles, tutorials, and educational podcasts.