worldtradex Review 2025 Pros & Cons For Forex Traders

On the downside, our research has revealed that swap-free accounts are not available. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification.

These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere. Forex trading fees work using spreads to eliminate additional commissions or fees. The platform’s analytical tools include real-time push notifications for market movements, trend exploration across multiple timeframes, and detailed instrument-specific insights. At the core of our offerings, lies a suite of distinctive advantages meticulously designed to elevate your trading experience to unprecedented heights. Our commitment to excellence, precision, and adaptability is manifested through our diverse set of strengths that cater to every trader’s unique needs and aspirations.

worldtradex: “MetaTrader 5 Automations enables us to provide a record number of trading instruments”

  • The Forex ECN and MT5 Global accounts have brokerage fees of USD 3 per lot operated and USD 2 per lot operated respectively, apart from the spread.
  • Funding is immediate for most methods, with the exception of wiretransfers.
  • Among the financial service providers, there are fraudsters that we promptly report.
  • worldtradex provides support via phone, email, and live chat during standard hours (9-6 EST) with extended coverage for urgent issues.

The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC). In our assessment, worldtradex Worldtradex reviews is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. Support is available 24/7 which stands up well against competitors we have tested. Our evaluation of worldtradex shows there are limited trading promotions for retail traders.

Additionally, the broker charges withdrawal fees which vary depending on the method you choose. Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2.

The broker provides access to trading major, minor, and exotic currency pairs. worldtradex ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support.

Curated Solutions Just For You:

The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. They also extend their reach to cater to queries during extended hours. As the financial realm continues to evolve, so does the need for superior trading tools. worldtradex’s platform unfurls a tapestry of innovative features tailored to empower traders.

They also offer traders the chance to find out if the broker suits their strategy before committing funds. The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make worldtradex a perfect broker for an elevated trading experience. For those inclined toward commodities, worldtradex provides a diverse asset range, including agricultural and non-agricultural securities. Lime Trading (CY) Ltd provides clients with direct access to major global stock and currency markets, catering to both individuals and legal entities.

The broker has a trading portfolio of 26 major and minor currency pairs. We consider this a rather limited variety when compared to other brokers. This provides access to the MetaTrader 5 platform,spreads starting at 0 pips, and a commission of $2 or less. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures.

worldtradex Deposit & Withdrawal Methods Overview

It also offers connectivity to key exchanges in Canada, Mexico, andEurope. This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor. The results from our assessment show that worldtradex is a good forex broker. Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5.

Why Lime Trading (CY) Ltd Stands Out:

  • Also, similar to the copy trading service, there is no guarantee you will make a profit.
  • The company now has more than 155,000 clients in over 130 countries.
  • It is very common for traders to open a Demo account before depositing money into a real account.
  • 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.
  • By offering a wide selection of instruments, traders can diversify their holdings and capitalize on potential gains across various sectors and asset categories.

worldtradex applies a minimum trade size for all its accounts of 0.01 lots (micro lot). They have mobile-optimized charts, multiple order types and facilitate one-click trading. There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library). Also, similar to the copy trading service, there is no guarantee you will make a profit. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money.

worldtradex Forex and CFD Standard Account

worldtradex requires a minimum initial deposit of USD 100USD on your standard account. MetaTrader 4 is offered with worldtradex’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. The research notes are quite useful for forex trading, but there are no videos, webinars or guides to support beginners.

By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement. The global regulated broker worldtradex has streamlined its operations and significantly expanded its offering with MetaTrader 5 Automations. The platform’s automation tools have enabled the company to optimize processes, increase operation speed and accuracy, and reduce risks. Most importantly, with this service, worldtradex is now solving more tasks with the same resources, without additional budget or time costs. We have interwoven our advantages to create a seamless tapestry of trading excellence. Every aspect, from platform diversity to continuous support, is meticulously refined to align with your trading journey, ensuring that each interaction is a step towards achieving your financial goals.

One of the best things about worldtradex in our opinion is the very big selection of trading instruments it offers. And unlike many other brokers, this includes not only CFDs and forex pairs, but also actual futures contracts, options, and stocks that can be traded directly from the relevant exchange. worldtradex is a full-service financial brokerage company based out of Cyprus, well known as one of the most popular EU jurisdictions for forex brokers. As always in Cyprus, the broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), which in turn is overseen by the European Securities and Markets Authority (ESMA).