Poor service with high withdrawal issues , The customer service only responds to reviews . I was mostly doing exotics but now switched to trading minors as well and my fav so far is eur/nzd , it seems that I just clicked with this pair and I know how it moves. Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK. You can discuss forex and cryptocurrency related news, ideas, strategies and analysis here. You can also expose broker scams you have encountered to warn others not to fall into their trap. FxGecko will be updated daily with broker information and user complaints against brokers, so following it regularly can help you effectively raise awareness of your investment risks.
Payment Methods
In case the client’s account balance is below $50 (or currency equivalent), the company will charge any remaining balance and archive the client’s account. worldtradex, the broker of choice for traders seeking safety, variety, and expert guidance. Explore a world of forex, CFDs, and cryptocurrencies with confidence.
worldtradex provides access to over 300 trading Worldtradex website instruments, including forex, commodities, indices, shares, and cryptocurrencies, allowing for diversified trading strategies. The MT4 mobile app provided by worldtradex allows traders to manage their trades on the go with ease. Available for both iOS and Android devices, the app offers full account functionality, real-time quotes, interactive charts, and a wide range of technical indicators.
I transfererd $1k into my trading account for a start via bank wire and it hit in 2 days.
The pair of prices shows the best potential price at which an asset can be sold and bought at a specific time. The bid price is the highest price a buyer is prepared to pay, whereas the ask or “offer” price is the lowest price a seller is willing to accept. Hi D “Dadi” M,We are delighted that our withdrawal process and customer care team have won you over!
Desktop Trading Platform
This regulation ensures that worldtradex operates in a transparent and compliant manner. Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
- MarketBulls does not offer financial advice, and all content is for informational purposes only.
- worldtradex also provides a negative balance protection policy to ensure that traders’ funds do not go below zero.
- A CFD (Contract for Difference) offers the opportunity to traders to speculate on the price movement of different financial assets without owning them directly.
- Our goal is to empower traders with information that helps them make informed decisions tailored to their specific trading needs.
Does worldtradex offer demo trading?
Get a better understanding of how the markets work with our easy to ready “how-to” guides. Quickly compare vetted accounts to see which providers are most appropriate for you. worldtradex is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the worldtradex group includes Damadah Holding Limited, which is based in Cyprus.
Regulation is a critical factor when choosing a trading broker, as it ensures that the broker operates within a framework of rules and standards designed to protect clients’ interests. worldtradex is committed to maintaining a high level of transparency and security through robust regulatory oversight. worldtradex does not levy any account maintenance fees, which is a significant advantage for traders. This means there are no recurring costs for simply having an account with worldtradex, regardless of your trading activity level.
You should avoid dealing with this firm and beware of potential scams. Finally, investing and trading involves risks and you are advised to perform due diligence before investing and stay away from unregulated and high-risk trading platforms to avoid potential scams. Our reviews are conducted by seasoned trading professionals who bring years of market experience to the table. Each review is meticulously fact-checked and validated by our in-house experts to ensure it meets the highest standards of accuracy and relevance.
- Before deciding to trade, it is essential to understand the risks involved fully.
- The broker’s diverse account offerings, extensive range of instruments, and commitment to regulatory compliance make it a solid choice in the online trading space.
- The broker operates on a variable spread model, meaning spreads may widen during times of high market volatility.
- Each account is designed to meet different trading needs and preferences.
- The information on market-bulls.com is provided for general information purposes only.
Spread rates may vary based on market conditions and the type of account selected. It is regulated by the Seychelles Financial Services Authority (FSA), ensuring compliance with industry standards and offering a secure trading environment for its clients. In addition to direct support, worldtradex offers a range of educational and troubleshooting materials, such as platform guides, video tutorials, and a help center, which traders can access at any time. These resources are designed to help traders resolve issues on their own and enhance their understanding of the platform and trading process. worldtradex places a strong emphasis on providing reliable and responsive customer support to ensure that traders have access to assistance whenever they need it.
MarketBulls operates with complete transparency, ensuring that all reviews are unbiased and free from external influence. We disclose any potential conflicts of interest and maintain objectivity throughout our review process. Our goal is to empower traders with information that helps them make informed decisions tailored to their specific trading needs. Yes, worldtradex offers social and copy trading features, allowing traders to replicate the strategies of successful traders directly within their accounts.
If there’s anything specific you’d like to see from our support team, please don’t hesitate to reach out. We continuously monitor changes in broker offerings, regulations, and market conditions to ensure our content remains up-to-date. This commitment to ongoing accuracy allows us to provide our readers with the most current and relevant information available.
worldtradex supports a variety of deposit options, including credit/debit cards, bank wire transfers, and popular e-wallets like Skrill and Neteller. This no-fee deposit policy is particularly beneficial for traders who make frequent deposits, ensuring that the full amount of your funds is available for trading. worldtradex offers a variety of account types tailored to meet the diverse needs of its clients, ranging from beginners to experienced traders. Each account type is designed with different features and benefits to cater to various trading styles, risk appetites, and investment levels. worldtradex offers competitive spreads that can start at 1.5 pips, particularly on its ECN account types. The broker operates on a variable spread model, meaning spreads may widen during times of high market volatility.
Regulated markets
As the broker is regulated, clients should complete their KYC that is in line with the Seychelles Financial Services Authority. Damadah Holding Limited, with registered address of 365 Agiou Andreou, Efstathiou Court, Flat 201, 3035 Limassol, Cyprus, facilitates services to Tradeco Limited, including but not limited to payment services. CFD prices are commonly found as a double price quotation called the bid and ask prices.