MT4 offers various features, including technical analysis tools, automated trading capabilities, and a user-friendly interface. Additionally, Worldtradex offers a proprietary TradeCopier service, allowing users to copy trades from experienced traders. Worldtradex is an online trading platform that offers access to various financial instruments, including forex, commodities, indices, shares, and futures.
Actually, this was the first place where I started trading futures contracts on indices and soft commodities. It` sa really profitable venture, it turns out. Worldtradex had a familiar MT4 platform and reasonable fees for this type of asset.
Customer Support
- With a deep liquidity pool in futures trading, traders can take large positions without worrying about slippage.
- The Privilege account offers all the features of Standard and Premium accounts.
- We’re dedicated to providing our clients with a wide range of educational materials, and we’re thrilled to hear that you have found them helpful.
- I made my first payment by visa, and my first withdrawal was by visa.
Let’s take a look at this detailed Worldtradex review to see more. Worldtradex’s operational practices have raised concerns among some users and industry observers. The broker’s offshore regulation means it may not adhere to the same standards as brokers regulated by Tier-1 authorities. This lack of stringent oversight can lead to potential issues with fund security and dispute resolution. Notably, the FCA has issued a warning against Worldtradex, stating that the firm may be providing financial services or products without proper authorization. This warning implies that Worldtradex is not permitted to offer services to UK residents and lacks the protections afforded by FCA regulation.
Worldtradexs’ support team is responsive…
Overall, a decent experience that met my expectations. We are always trying to improve our website and experiences for our customers.Worldtradex ⚡️Empowering traders. The Privilege account offers all the features of Standard and Premium accounts. The main difference is in the spreads, with an average spread of 1.1 pips. Worldtradex offers a wide range of payment methods for deposits and withdrawals, including credit/debit cards, bank wire transfers, and e-wallets. Worldtradex offers low spreads starting from 1.2 pips.
- We’re glad to hear that you had a positive experience with Worldtradex.
- I deposited money and was contacted by several people, G seemed to be interested and seemed to be helpful but after I didn’t deposit more, he basically booted my account.
- For instance, when you deposit $200, you receive an additional $200 as a bonus.
- An SFSA license doesn’t provide the same level of protection for traders’ rights.
Worldtradex Reviews 929
We put a lot of work into making the platform easy to use and adding new features, so it’s nice to see that it pays off.Worldtradex ⚡️Empowering traders. It is a friendly platform, thanks to the Cent account type and its excellent educational resources. Additionally, I explored its reputation and found no red flags.
Your review has been sent for the moderation and will be posted on the broker page after approval. Withdrawal times vary depending on the Payment provider but range from the same day to 10 business days. However, as it stands, it is barely distinguishable Worldtradex forex broker from thousands of similar websites.
A license from the SFSA in Seychelles is not quite the same as a license from respected bodies like the FCA (UK). An SFSA license doesn’t provide the same level of protection for traders’ rights. This organization lacks the authority to control a company’s actions as strictly as larger regulators. If issues arise with withdrawals or dishonest practices, you will have very few means to protect yourself. We cannot claim that this is a scam, but we also cannot speak positively about the platform. We still need to check how long the platform has been in the market, whether it holds any licenses, and what it really represents.
The trading academy has everything that I needed to be knowledgeable and informed on the kind of assets to trade_- I chose forex pairs and sometimes dabble in precious metals. Also the trade copier works very well and it helps you to make money while spending less time on learning strategies and all that. Worldtradex is a name that has been making waves in the financial world, but not necessarily for positive reasons. Traders and investors have been questioning the legitimacy of this brokerage platform, prompting us to delve deeper into the details. In this review, we aim to uncover the truth about Worldtradex and whether it is a reliable platform for trading or a potential scam. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
Westpac Online Investing Review
I made my first payment by visa, and my first withdrawal was by visa. I chose Worldtradex mainly for their top level webinars , those are really useful. I accept the website agreement on the processing of personal data. Robert is an experienced financial analyst based in California. He covers the most difficult topics on our site.
And please don’t fall for the fake news items. As an intermediate trader, I found Worldtradex’s educational materials indeed helpful. Their articles and ebooks provide practical information.
Worldtradex — Deposit and Withdrawal of Funds
Hi H Mansour,We really appreciate you sharing your Worldtradex experience with us! Deposit and withdrawal https://worldtradex.space/ processes are protected with the latest SSL encryption and other security technologies. As the broker is regulated, clients should complete their KYC that is in line with the Seychelles Financial Services Authority. They\’ve been out of contact for two weeks, and my $1,200 is still stuck in my balance. Worldtradex.com is a fake platform, and they are ignoring me! The footer mentions the legal entity — Tradeco Limited.
Companies on Trustpilot can’t offer incentives or pay to hide any reviews. Assessing the safety of Worldtradex requires careful consideration. We conducted a domain registration check and found that Worldtradex acquired its domain only after 2018, despite the domain itself being relatively old. Unfortunately, the registration date of the company is not specified in the public registry, making it difficult to determine its establishment year. In the website footer, it is indicated that the broker’s managing company is Tradeco Limited, registered in the Seychelles. It is important to highlight the potential drawbacks of this offshore jurisdiction.
But not enough when we consider Worldtradex reviews. If you are interested in trading online, you can take a look at our best trading brokers for some options. Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK.
Conducting thorough research before selecting a brokerage platform is crucial for a secure trading experience. Conversely, other users have reported negative experiences. Complaints include difficulties with fund withdrawals, lack of response from customer support, and concerns about the authenticity of positive reviews. On Reddit, some users have labeled Worldtradex as a scam, citing issues like unresponsive support and withdrawal problems. Hi Douglas R Easton,Thanks for your review! The minimum deposit requirement for investing with Worldtradex may vary according to the trading conditions and account types.