Suppose you’re a novice trader residing in the US and you choose to sign up for an Account with worldtradex Broker. You are qualified for a Deposit Bonus as part of their Bonus program based on the sum of your initial investment. Traders can easily fund their accounts using the worldtradex Group Neteller deposit method by following a 3-step process, which we have covered in our step-by-step guides.

The worldtradex Ultra Low Micro and Standard Accounts offer spreads starting from 0.6 pips without any commission. By using worldtradex social trading, you can copy trading strategies from other traders, replicating their performance. Just make sure that you choose your sources wisely to make the most of worldtradex’s social trading features. Since worldtradex offers regulation in different parts of the planet, you can easily get access to an account with a higher leverage, with the same characteristics as an EU professional account. Please be aware, nevertheless, that all Deposits are instantly converted to the trading Account’s base currency.

Choose your language

You can deposit funds in any currency, which will subsequently be exchanged into your base currency for trading purposes on your account. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. This means you can effectively start trading without any real money.

What is the maximum leverage for worldtradex?

Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and Worldtradex forex broker are not suitable for all investors. 77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. Otherwise you can start right away with a live account to start trading.

Traders who follow the Islamic account are likewise accredited. A minimum deposit is the least amount of money that a person must deposit to start trading. Minimum deposits guarantee that the money earned from the Client is enough to pay the administrative costs and other expenses involved with operating that particular account. The worldtradex broker started its trading operations in the year 2009.

Is worldtradex a trusted Forex Brokers?

• By choosing worldtradex Broker and starting with a minimum deposit of $5, I’ve been able to improve my trading abilities and increase my trading profits.
• But do not be disappointed by the fact that certain brokers, such as worldtradex, require a minimum deposit amount.
• The eligible trading accounts are the micro and standard accounts only.
• The only benefit of this is they can also access real-time data or analytic tools offered on the worldtradex trading platform.
• If you wish to test the platform’s waters, you may open a demo account with USD 100,000 in virtual money and begin trading.

These bonuses can provide you with additional trading capital, allowing you to open larger positions and potentially increase your profits. worldtradex Broker is known for offering attractive bonuses and promotions to new and existing clients. One of the most popular promotions is the worldtradex $30 Bonus, which allows new traders to start trading without making an initial deposit. The Micro Account’s low minimum deposit allows new traders to enter the market with minimal financial exposure, making it a popular choice for those who are just getting started. One of the standout features of worldtradex Broker is its commitment to providing traders with a transparent and seamless trading experience. worldtradex takes 1 business day to process all withdrawals except for wire transfers.

• worldtradex also puts the priority on the ways to withdraw when the clients use multiple ways to deposit.
• worldtradex Global Limited does not provide services for the residents of certain countries, such as the United States of America, Canada, Israel and the Islamic Republic of Iran.
• It supports a range of popular payment methods and charges no fees, with the exception of wire transfers of less than US$200.
• As you gain knowledge, you may deposit your desired amount and start trading.

However, as with any financial decision, it’s essential to consider your trading goals, risk tolerance, and financial situation before opening an account. While the low minimum deposit is appealing, it’s crucial to have a well-thought-out trading strategy in place. The Standard Account is suitable for traders who have gained some experience and are ready to trade larger volumes while still benefiting from the low minimum deposit requirement. The Standard Account is the most popular account type among worldtradex Broker clients. It offers more flexibility and higher trading volumes compared to the Micro Account.

Overall, worldtradex’s fees is considered moderately competitive with Ultra Low account but high with Standard & Micro Accounts. We consider worldtradex to be a moderate risk forex broker for South African traders are they are not regulated by FSCA in South Africa, and are regulated with ASIC (Australia) & CySEC. Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program. However, we also encountered a few posts where clients accused the company of price manipulation. According to the posts, the broker follows a dealing desk approach while processing clients’ orders.

Who Are worldtradex Regulated By?

MT4 is internally acclaimed, with EAs, 50 in-built technical indicators, and ready-made robo-trading. Multiterminal MT4 offers PAMM or management of multiple accounts from single interfaces. worldtradex offers CFD trading on Futures of 5 Energies Instruments including Brent, WTI Oil, NatGas.

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. The worldtradex Group deposit and withdrawal methods are divided into 3 main categories, offering options like Skrill, Visa/MasterCard, wire transfer, and Google Pay. You may make deposits to worldtradex trading accounts in a variety of ways. Kindly follow the directions below to deposit into worldtradex’s trading account.

Clients who don’t feel confident trading sizable lots can now sign up for Ultra-low accounts. While other trading conditions look similar to the other accounts offered, the broker doesn’t allow swaps in the ultra-low account. The mobile trading platform has numerous language options, just like the desktop version. Changing the language on your mobile device is pretty simple.

You will need a valid email address and phone number to open a trading account with worldtradex. No, worldtradex only allows deposits from accounts or cards with the same name as the trading account holder. ForexBrokers.co.za is a broker comparison & education website for South Africans. We aim to help traders in South Africa find the best forex brokers. Yes, worldtradex does offer the ZAR as one of the Base Currency Options. worldtradex trading has a really good customer support for South African traders.

Furthermore, there are no fees applicable on deposits made with the broker. worldtradex’s 5 USD minimum deposit makes it accessible for new traders, and its $30 no-deposit bonus is a great way to start without risking personal funds. The platform’s transparency with fees and diverse payment methods ensures a smooth trading experience for all. The $5 minimum deposit for the Micro and Standard accounts allows new traders to dip their toes into the world of online trading without a substantial financial commitment.

Risk Warning :

We’ll also explore worldtradex trading platforms to find their useability and look into available account types to help you select the one that suits your trading needs. A simple step-by-step guide will also follow, explaining how to open an account with worldtradex. Pros and Cons of signing up with the broker and customers’ feedback on different platforms like Reddit, Quora, Forexpeacearmy, and Trustpilot will also be looked into. Except for the bank wire transfer, all deposits are immediate.