Additionally, worldtradex offers 12 major and minor cryptocurrency CFDs with availability depending on https://worldtradex.space/ the region. For Australian clients using the IRESS platform, they provide access to up to 10,000 traditional stock CFDs. Moreover, worldtradex is regulated by reputable authorities such as the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), ensuring a secure trading environment. With 24/7 multilingual customer support and quick account setup processes, worldtradex delivers a reliable and user-friendly experience. Overall, its commitment to transparency, security, and trader education makes worldtradex an excellent choice for anyone looking to engage in forex and CFD trading. They also provide Direct Market Access (DMA) share trading through the IRESS platform.

Leverage

Trade cryptocurrency CFDs with worldtradex and benefit from low spreads and flexible leverage on a wide range of coins, including Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and more. Broker worldtradex ensure that retail client funds are always kept separate from the firm’s capital and held in segregated accounts at leading banks. Yes, worldtradex is generally considered a legitimate and reputable forex broker. There is no credible evidence to support the claim that worldtradex is a scam. You can get access to the industry standard MetaTrader 4 platform through worldtradex and they recently added the subsequent versions of this software- MetaTrader 5.

Plus, you’ll earn Alpari Rewards points when you trade, and you can redeem cash rewards any time you like. Use the all-new Alpari App to tap into effortless trading where you can monitor, open, modify, and close trading positions, all in the palm of your hand. Yet, Copy Trading and Social Trading is available at worldtradex that may be considered as an Investment Opportunity. Also, Multi Account Manager or MAM/ PAMM accounts are available for Investors and Followers. The proposal is not designed for Investment Purposes, where worldtradex focus is CFDs trading provider, which differs from Investment Portfolio firms. Typically FM Markets confirm and process the withdrawal request within 1-2 business days.

• Withdrawals are processed immediately, but the time it takes for funds to reach the trader’s account depends on the bank or payment provider.
• However, you won’t be able to access a compensation fund should worldtradex go bankrupt.
• For share CFD traders in Australia, worldtradex provides Iress ViewPoint accounts, which include Standard (AUD 1,000 minimum deposit), Platinum (AUD 25,000), and Premier (AUD 50,000).
• Yes, worldtradex offers a free demo account, also known as paper trading, with no minimum deposit, allowing traders to practice trading in a risk-free environment.

Depositing ease

Trade FX with great leverage, no commission options, and spreads from zero. With fully segregated client funds, backed by top-tier banks and award-winning service. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

worldtradex offers quite competitive spreads, enables access to more than 70+ forex pairs, and provides other assets as we will see below in our worldtradex review. worldtradex is a popular and large Forex Broker that provide professional trading experience for quite long time since the broker was established in 2005 and ever since serve over 12,000 clients worldwide. worldtradex is the leading online brokerage of its kind in Australia and this is reflected in their offering of investments. You can get all types of ASX shares in the form of CFDs and you are able to short as many as 300 different CFDs. worldtradex offers a broad array of trading instruments including over 70 currency pairs (7 majors, 21 minors, and various exotics), more than 780 share CFDs, 46 ETFs, and 2 bonds. The platform also includes over 15 equity index CFDs, 8 additional index CFDs through Direct Market Access, and a variety of commodities comprising 17 metals, 5 energy products, and 7 soft commodities.

worldtradex deposit methods

Additionally, worldtradex ensures the safety of client funds by keeping them in segregated accounts with top-tier banks, providing peace of mind for users. For Australian traders specifically interested in stock trading, worldtradex offers an IRESS account that provides access to a broad selection of global stocks alongside advanced charting tools. worldtradex is ideal for active traders, offering tight spreads, fast execution, and multiple trading platforms with advanced features. With more than 10,000 assets and low fees, it meets the needs of different types of traders, including those using high-frequency strategies and experienced traders looking for professional tools. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.

How to Open a Fusion Markets Account: All You Need To Know

• worldtradex has been building out its educational offering, now providing webinars, beginner and advanced videos, and podcasts, but there remains much room for improvement to compete with best-in-class brokers.
• For instance $10 USD for international bank wire transfers, $25 USD for international broker-to-broker transfers, Neteller charges 2%, Skrill 1%, FasaPay 0.5%, PayTrust 1.5%, and PayPal 2%.
• A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
• Overall, its commitment to transparency, security, and trader education makes worldtradex an excellent choice for anyone looking to engage in forex and CFD trading.
• For Australian clients using the IRESS platform, they provide access to up to 10,000 traditional stock CFDs.

Platforms available as a Web Trading platform and supporting other versions too. worldtradex spread is defined by the account type , thus the Standard account Spreads starting from 1 pip and the Raw Account proposes spreads from  0.0 pips. However, the Raw account charges a commission to every order, which is defined by the instrument and is 3$ for Forex instruments, 3.5$ for Metals and offers 0$ commission on commodities or cryptocurrencies. worldtradex has become known as an honest and open broker in the industry. Since its establishment in 2005, the broker has kept a solid financial position providing its customers a confirmed safe trading environment. As Top-grade regulators like ASIC and CySEC control worldtradex’ operations,  this ensures rigorous compliance with financial rules and transparency, besides worldtradex offering always stands clear and consistently improves.

BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. All things considered, worldtradex is a complete option for traders trying to maximize their trading techniques thanks to various  tools and features available, together with competitive spreads and a large array of instruments.

In addition, there are established centers in the Asia region, Europe and Australia so the time zones and accessibility are counted, this is why customer service is available  24/7. Leverage levels offered by worldtradex depend on the entity you open an account with, since Leverage is one of the first regulated parts by every authority worldwide, see some of our findings below. Traders and investors also able to trade the Mexican Peso (MXN), Brazilian Real (BRL), and South African Rand (ZAR) against the US Dollar through the MT4 & MT5 Trading Platforms.

This is among very strong offering in industry, yet similar to brokers like eToro and Forex.com, which likewise support a broad spectrum of assets but might not exactly match worldtradex in terms of absolute volume. With spreads generally less than industry averages, the platform showed outstanding execution speeds during testing—especially during high trading hours. Users can use more than 50 technical indicators and several charting tools for in-depth study.

worldtradex offers a variety of trading accounts with different fee structures. Here is a breakdown of the primary fees and commissions you can expect. It was only launched at the start of 2017 and it is a direct replacement for their previous software that was known as Iresstrader. This new platform runs on HTML 5 technology, which makes it a lot more responsive to trades. There are many great tools and indicators for the trading experience and it is highly customizable.

The system increases trading flexibility by supporting several orders, including market and pending ones. Another strong point we consider at worldtradex is a comprehensive choice between the platforms, thus powerful capabilities provided that is definitely a big plus. The choice between Proprietary software,  MT4, MT5 Worldtradex official site and IRESS platforms is notably excellent for direct access to trade Shares, as well MAM and PAMM accounts possibility available  for money managers. worldtradex review MT4 Demo account offers a risk-free environment in which to practice trading and test strategies. With $100,000 in virtual funds, you can experience real-time market conditions, experiment with automated trading, and familiarize yourself with the MT4 platform’s features.

If you enjoy trading through the MetaTrader platform, why not host your Expert Advisors on a virtual private server in worldtradex’ very own New York data centre. worldtradex will even cover the server’s monthly fee if you make a $1,000 deposit and meet low monthly volume requirements. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.