October 25, 2024

However, the bonus cannot be withdrawn and is subject to specific conditions. Note that the bonus is NOT available to residents of the EU, USA, Iran, Cuba, Sudan, Syria, or North Korea. Yes, Worldtradex has a low minimum deposit requirement, allows micro-lot trading and fractional share dealing, has a Cent account, and has quality educational content, making it a good choice for beginners.

• Worldtradex is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029.
• The reasonableness of commission fees largely depends on the trading style and preferences of individual traders.
• Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.
• I like the selection of 84 currency pairs, which ensures that Forex traders have a broad choice of trading instruments, complemented by 30 commodities, 150 stocks, 30 futures contracts, and 30 equity indices.

Traders must submit their name, e-mail, country of residence, mobile number, and date of birth. It also includes the account selection process, which I find convenient. Worldtradex notes 24/5 customer support in 30+ languages, but I only came across e-mail support during my review. The FAQ section left me unsatisfied and searching for answers elsewhere. I recommend beginners start with the Worldtradex video lessons before funding a Worldtradex account.

Opening an Account

Worldtradex is known for its reliable platform, fast execution times, and extensive range of trading instruments. TradingFinder.com assumes https://worldtradex.site/ no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. Worldtradex accepts bank transfers, credit/debit cards, Skrill, Neteller, and cryptocurrencies for both deposits and withdrawals. Yes, introduce new clients and you may receive CPAs up to $750 and bonuses up to $10,000.

I do not consider the absence of research by a broker as a negative, but it can create a service gap with more established competitors. The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. ​Online trading platform Worldtradex has announced the extension of its promotion, the “40% Takeoff Bonus,” designed to give both new and existing clients a substantial head start in their trading journey. Hi Alex Krouglov,Thank you for sharing your positive experience with Emma.

First time experiencing

Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses. The Worldtradex registration process ensures secure onboarding with full customization over account type, leverage, and base currency, ideal for both beginners and experienced forex traders. No matter which account you choose, you’ll have access to over 300 tradable instruments across six asset classes. Plus, you’ll be trading on the industry-leading MetaTrader 4 platform, known for its fast execution and robust features.

Although third-party plugin support is lacking, users can access over 25,000 custom indicators for MT4. 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. A transparent MT4 broker with a balanced asset selection and quality education. The 100% Supercharger Bonus promotion is one of the key tools to attract and retain active traders. Worldtradex emphasizes that the Supercharger Bonus is designed to give traders more freedom and flexibility to execute their strategies while benefiting from enhanced capital. We use dedicated people and clever technology to safeguard our platform.

As soon as your deposit is confirmed, the bonus will be automatically credited to your account, doubling your trading capital instantly. While the broker offers comprehensive, responsive, and dedicated support through these channels, the lack of phone support can be a letdown for potential customers. The broker enables traders to create an account in just 2 minutes by collecting essential user details and trading preferences. This Forex broker brings a lot to the table, catering to traders of all stripes.

• Regrettably, Worldtradex does not offer third-party plugins for MT4.
• This version maintains essential transparency while being concise.
• Note that withdrawals can be made only using the same method used to fund the account.

Total waste of time and resources

The brokerage company supports automated trading through Expert Advisors on MT4. Worldtradex supports beginner traders with a library of video tutorials, webinars, and eBooks, emphasizing trading psychology. Worldtradex broker offers a variety of payment methods to meet different demands. From E-wallets to cryptocurrencies, you can choose whatever suits you. MT4 supports EAs and copy trading through its TradeCopier feature.

Customer Service Representative jobs

This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent). 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. Take advantage of the 100% Supercharger Bonus today, and experience the benefits of trading with Worldtradex. This forex bonus is a powerful tool to enhance your trading experience and increase your profitability.

By choosing Worldtradex, you’re not only getting a powerful bonus but also trading with one of the world’s top forex brokers. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. Worldtradex offers four account types, including Standard, Premium, Privilege, and Cent, with commission-free trading and spreads starting as low as 1.1 pips.

We’re proud to have such a dedicated and helpful team member, and we’re glad to hear that they were able to assist you on your trading journey. Hi Catherine Lovett,Thank you for sharing your positive experience with Sunny. I fell for the online AI fake news stories that celebrities where making loads of money from investing £200. Everyone was really nice that I spoke to and Sunny Gordon was excellent but after a week or so he rang and asked if I was ready to invest more. I was not in any position to do this as I’d said right from my first phone call with him.

Terms and Conditions

Worldtradex is a Seychelles-based Forex and CFD broker established in 2018. It operates under the brand name of Tradeco Limited and is licensed by the FSA (Financial Services Authority of Seychelles). Note that withdrawals can be made only using the same method used to fund the account. Once registered, prepare the necessary supporting documents to complete the verification process and activate your trading profile. Here’s a balanced look at the Advantages and disadvantages of trading with the broker.

Worldtradex maintains a competitive fee structure with zero commissions across all account types. Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone Worldtradex reviews and you should ensure that you understand the risks involved. Our deposit bonuses provide some extra power when you are just starting out.

Any promotions, reviews, and other information in the website are just for the information purpose only. The sign-up process is quick and easy, designed to get you trading as soon as possible. Once your account is open, verify your identity to ensure compliance with regulations. Yes, Worldtradex offers multiple promotions, such as a 100% Supercharger Bonus, 40% Takeoff Bonus, and a 20% Welcome Reward, with maximum payouts up to $4,000. Traders can access 300+ instruments across Forex, Metals, Commodities, Indices, Shares, and Futures, all via CFDs.

Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. Worldtradex presents clients with one regulated entity and maintains a secure trading environment.

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