worldtradexFX account types: list and features 2025

They are processed within 1-3 hours, and may take an additional 30 minutes to transfer the funds. Your card issuer may take a couple more hours to credit your account. worldtradexFX charges no commissions and additional/hidden fees, which makes the broker a safe space for traders, especially novice traders. It is an optimal platform for inexperienced and seasoned traders seeking to refine their abilities and approaches before engaging in live trading. Only three account types are available at worldtradex, and none have ZAR as the base currency.

Visa cards require a minimum deposit of US$25 while Mastercards require a minimum deposit of €50. The platform offers competitive spreads that range from 0.8 to 65 depending on the type of currency pairs. The currency pairs like EUR/USD and a few others have a tight spread of 0.8 pips; most pairs have competitive spreads except USD/ZAR, which has a spread of 65 pips. worldtradexFX offers benefits like negative balance protection and no commission and interest charges in the Islamic account.

The app contains mobile-optimized features such as real-time quotations, graphing tools, and order management. The intuitive, lightning-quick app provides a seamless trading experience, and there is no need to lose focus switching between apps. Furthermore, MT5’s upgraded order management system and back-testing capabilities make it a solid alternative for traders who rely on detailed market analysis and strategy testing.

worldtradexFX Main Features

It will also explore the investment safety measures provided by the broker. Traders looking at worldtradexFX, who want access to more advanced trading features may be required to make higher minimum deposits. The additional trading features from worldtradexFX or from more premium trading accounts may help a traders investment strategy. If these premium trading features are not requires trading accounts with lower or no min deposit requirements may be sufficient. Check to see how worldtradexFX compares with other brokers in terms of trading features and minimum deposits. worldtradex offers a quick, secure, and cost-free deposit and withdrawal process with multiple popular payment options.

Minimum withdrawal

Also check out our guide to worldtradexFX account types before you open a real account. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. The following are the minimum deposit methods for an worldtradexFX account. You can deposit an worldtradexFX deposit using any one of the methods from here. Basically, they provide one account, although three are listed but the diference is only in the trading app.

Money Protection

The worldtradexFX MT5 Account is tailored for advanced traders by providing access to more than 70 assets such as forex, commodities, indices, and cryptocurrencies. Spreads start from 0.3 pips (CySEC) or 0.6 pips (SVG), and the account utilizes the MT5 platform, offering a 50% bonus for global clients under SVG regulation. worldtradexFX provides a range of trading account types tailored to different trader profiles, including beginners, retail traders, high-volume professionals, and fund managers. Nothing on this site constitutes advice or a recommendation – you use the site and its contents at your own risk. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.

Becoming an Introducing Broker (IB) with worldtradex grants users access to many desirable attributes and advantages. Yes, the broker adheres to industry norms to protect customer cash, but Worldtradex forex brokers reviews it is critical to read their policy for detailed details. Yes, worldtradex is regulated by FSCA, but they are not an approved ODP.

This broker charges no fees on currency conversion during deposits and withdrawals. However, with deposits in currencies other than the USD, the payment provider on conversion of the funds to dollars using their internal exchange rate may charge additional fees. Although worldtradex offers 3 account types, the worldtradexTrader Accounts, MT5 Accounts and MT4 Accounts, they all have same minimum deposit requirement. worldtradex recommends a minimum deposit amount of US$100 to enable you place sizable trades. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms.

Social Trading

The most accessible option, bank transfer, requires only a R480 minimum deposit to get started. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices.

• worldtradex’s trading accounts have been carefully designed to adhere to these criteria, eliminating the need to separate a live trading account from an Islamic account.
• Each index has its own trading hours coinciding with the global financial markets.
• We aim to help traders in South Africa find the best forex brokers.

The broker has various trading tools and analytics, including an worldtradexfx profit calculator, trading calculator, pip calculator, live quotes, and monitoring. The worldtradexfx calculators can greatly help analyse the profits and margins. Copy trading is a way to make trading more accessible by copying trade positions. Moreover, you do not need trading experience for copy trading, so even novice traders can participate without incurring losses and risks. Trading in the Muslim community is considered haram, but swap-free trading accounts, which do not include interest charges, are considered legitimate. Trading with a reliable broker is important for traders to be shielded from potential risks and challenges.

With no fees, fast processing, and a variety of payment methods, worldtradex provides a seamless experience for traders to fund and withdraw their earnings securely. To show their commitment to mobile trading, worldtradexFX offers users a bonus on all first-time deposits made through the trading app. This includes a 50% bonus on the user’s margin, which allows you to take on larger positions but as with any broker it is always advisable to thoroughly read the small print before committing. The minimum deposit that qualifies for this promotional offer is $50. The broker has its proprietary trading platform known as worldtradexTrader, which operates on web and mobile versions. In addition to this, worldtradexFx is one of the MetaTrader 4 brokers and also offers the MetaTrader 5 platforms to traders.

• We will also provide detailed information on the broker’s fees, regulations, verification steps, safety, spread, leverage, and deposit & withdrawal methods.
• The spreads here start at an extremely competitive 0 pips with $5 per side per lot of commission, or from as low as 0.2 pips with no commission depending on your account type.
• worldtradexFX does, however, cover the global markets, serves customers in over 100 countries and also has offices in Spain, Cyprus and Malaysia.
• Overall great value with a choice of more than 70 assets to trade.

While you want to deposit the worldtradexFX, you will be allowed to use two currencies. If you belong to a country with any other money, you have to deposit the equivalent of $100 or 100 euros. Deposit methods may vary depending on the country, but popular ones include Visa, Mastercard, local banks, Skrill, Neteller, Bitcoin, Ethereum, and many more.

For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker. This entails using informed methods and thoroughly understanding all possible outcomes before making any financial decisions. These markets are renowned for their volatility, with the ability to produce both sudden wins and losses in moments. We also discovered that questions and problems are resolved quickly and effectively, demonstrating professionalism and client service. Traders receive a 5% loyalty bonus, which boosts their overall rewards. Furthermore, users earn reward points equal to 1% of their rebates.

The trading interface of worldtradexTrader is quite unique, it presents users with extended functionality. It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis. The term leverage is the ability to have access to added funds – margin – when trading financial instruments. Although increasing your margin could boost your market exposure, it also raises your vulnerability to losses. Usually it takes within 1-3 hours to process the withdrawal (during business days) and another 1 hour to transfer funds.