WorldTradex Review 2025 Forex Broker Pros and Cons
This makes the company a reliable choice for traders seeking quality and timely assistance. MetaTrader 4 is one of the most popular platforms for Forex trading. It offers a wide range of indicators, scripts, and the ability to use automated trading systems. WorldTradex offers customer support over live chat and email, the agents are quick to respond and knowledgeable. There’s also a phone support service which is available in 42 countries.
Processing Times
Looking past the headline bid-offer spreads it is also clear to see that the quality of the execution was very high with the firm able to boast about impressive slippage data reports. Ninja Trader has a funky feel but don’t think it is lightweight due to its user-friendly appearance. The attractive features of this platform run far deeper than the aesthetics. Featuring extensive forex functionality, the brand-new Ninja Trader 8 is an industry leader in the provision of advanced analytics, charting and automation capabilities.
Get a quick snapshot of the market through the brokers propriety Speculative Sentiment Index (SSI), and more. This easy-to-use charting package is designed for both technical and algorithmic traders. MotiveWave specializes in Elliot Wave, Fibonacci, Gann and Ratio analysis and also allows for systematic trading using Java. VPS hosting allows traders to run automated algorithmic strategies, including expert advisors 24 hours a day 7 days a week on a virtual machine.
Which Markets Does WorldTradex Offer?
All the methods of deposit listed above can be used to withdraw winnings on the How to withdrawal platform through the dashboard. The process and duration of withdrawal depend on the method of payment you have selected. Note that if a request is made for credit/debit card withdrawals, you are only permitted to remove the whole amount initially deposited into that account. Withdrawal of a more considerable sum can be made through bank transfers or any other alternative means. There are some free indicators but the customer can implement new ones by downloading or buying on the internet.
Islamic account
They have received everything from “best forex trading platform” to “best forex research team.”. Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.
- Some of them are Barclays Bank Plc, Citibank N.A, Deutsche Bank AG, Jefferies Financial Services, etc.
- However, when compared to other brokers who provide thousands of assets, the amount of tradable assets accessible is quite restricted.
- You will then be taken to the signup page, where you will need to fill in some personal information such as your name, surname, Email, base account currency, and platform.
- If you are already a client of WorldTradex or plan to open a new account, you can participate in the program by sending a request.
- Depending on your region, you may be able to find more details, and each entity might offer varying account types depending.
- The total activity of accounts WorldTradex globally is more than 130,000.
Withdrawal Fees
Should traders require assistance, they may call the toll-free numbers provided, use messaging app WhatsApp, e-mail the support team, engage via live chat, or contact the trading desk. The extensive support system in place is superior to most competitors, but very few traders will be likely to ever require it. Education exists via free online forex trading courses, webinars hosted by WorldTradex Senior Market Specialist Russel Shor, and written content with exceptional quality. The Trading Guides provide more detailed educational content, and new traders get considerable material to deepen their knowledge base. WorldTradex is conducting research and education seriously while executing them well. As you can see from the image below, this is new, and prior to this, WorldTradex might not have had any promotions, competitions, affiliate programs, etc., that other brokers offer.
- Traders can use live Forex charts directly on the WorldTradex website to analyze trends and critical price levels for market entry or exit.
- WorldTradex is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView.
- The WorldTradex Group’s companies are regulated in several jurisdictions, including FCA, ASIC, and FSCA.
- Open as many strategies as you wish — Only triggered strategies will utilise your purchasing power.
- WorldTradex is uniquely positioned with this product in the fact that they can actually function as a liquidity provider for other equities including brokers.
- Among them are WorldTradex’s flagship Trading Station Desktop, Mac-friendly Trading Station Web 3.0, mobile platforms, and MetaTrader4 for those who use Expert Advisors.
He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. WorldTradex is uniquely positioned with this product in the fact that they can actually function as a liquidity provider for other equities including brokers. Tradingview is a third party software which is available through WorldTradex. The broker does well in providing you with the premium version of the service for one-year for free. The tradingview software is excellent for research and can help you very much in identifying market patterns. On the more traditional trading side, WorldTradex allows both scalping, and hedging, and of course, you can open a spread betting account if you are trading under the UK entity of the company.
Support is available 24/5 via live https://worldtradex.pro/ chat, phone, email, and drop-in. Support is available in 19 languages, and WorldTradex’s phone support is available for free for residents of 42 countries, but unfortunately, not India. This is the fastest way to fund credit accounts as deposits are instant.
Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Traders can access WorldTradex on the go using either the mobile-optimized version of the proprietary Trading Station platform or the reliable MT4 application. Both apps are available from the Apple App Store and Google Play. Importantly, we did not encounter any technical issues upon testing. With headquarters in New York, WorldTradex operates globally, serving traders from various countries.