worldtradex Review in 2025 Spreads & Fees Compared

The information is collected from all available cTrader servers across multiple brokers. Scalpers, who are in and out of trading positions within seconds, benefit from worldtradex’ fast order execution, averaging 29 milliseconds. The depth-of-market (DOM) features within MetaTrader, and cTrader enables scalpers to see the volume of orders at each price level, providing insight into potential support and resistance levels. Scalpers can also keep costs to a minimum via the Raw Spreads account. MetaTrader, cTrader and TradingView provide one-click trading and trading from the chart – essential features for active traders who are in and out of the market throughout the day.

FP Market review is a leading online broker and it offers a range of trading platforms to cater to different trader needs. These indices are available on FP Market’s powerful trading platforms. 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. We will discuss the broker’s regulations, verification processes, deposit & withdrawal options, minimum spread, maximum leverage, online trading fees, and investment safety measures. One of the users on Reddit has praised the MT4 platform by worldtradex and the trading conditions set by the brokerage.

I’ve been trading with worldtradex for a while now, and I must say, the experience has been outstanding! The platform is user-friendly, fast, and offers a wide range of instruments to trade, from forex to commodities and indices. The Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC) regulate and supervise the activities of the broker. worldtradex follows the code of conduct imposed by these regulatory bodies. The traders’ funds and other amounts are kept segregated from the company’s account.

worldtradex offers 10,300+ financial instruments for easy growth trading opportunities to its users. These instruments include forex, shares, commodities, digital currencies, indices, ETFs and bonds. In this section of the review, we will go over each of these in detail. As one of the rather established brokers in the industry, worldtradex has invested heavily in infrastructure and offers in-house Virtual Private Servers (VPS) to help facilitate automated trading. As a client, you can leave your algorithms running on the broker provided VPS and auto trade the market without worrying about keeping your home computer online 24/7. On the other hand, the Forex accounts offer investors direct access to the interbank foreign exchange market.

With robust security measures in place, worldtradex prioritizes the safety and security of client funds, providing traders with peace of mind and confidence in their financial transactions. worldtradex believe that focusing on the key ingredients in getting successful trades gives its clients the confidence to choose them as a broker. As worldtradex is an Australian licensed forex broker, its clients’ interests’ are the top priority. worldtradex is a trusted global CFD and Forex broker founded in 2005. The company’s vision was to create a superior forex trading destination where traders could access a full suite of trading products in the global markets.

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Autochartist is a trading tool on both MT4 and MT5 platforms that use charts to make traders understand trading opportunities. The forex, metals, commodities, indices, and crypto markets are available on this fully customizable technical analysis tool. The future performance of beginners can be improved through complex chart patterns.

EAs are programs that monitor and trade markets using algorithms. While being the most feature-rich and popular trading platform, MetaTrader 4 does not have a slick interface and requires some time and effort to learn. worldtradex offers competitive spreads, particularly in indices and crypto.

• None of the client’s money is used to pay for company expenses, ensuring that your money will be there if you ever want to make a withdrawal.
• This regulation framework provides traders with a level of security and transparency, although specific restrictions may apply depending on the trader’s location.
• Regardless, if you are just starting out or a veteran trader who has a large risk capital to safeguard against misconduct by brokers.
• worldtradex has a 4.9/5 rating on Trustpilot – which is an exceptional rating for a forex broker.
• To learn more, you can read comparisons of worldtradex vs Plus500, FP Markes vs OANDA, worldtradex vs Admirals and worldtradex vs eToro.

worldtradex Review 2025: Platforms, Apps, Safety, Pros & Cons

Beginner traders have access to quality educational content, in-house research, services provided by Trading Central, copy trading, and retail account management. Comparing trading costs is challenging, with many variables impacting the final fees. We evaluated the spreads of the EUR/USD, gold, the S&P 500, and WTI crude, four of the most traded assets, available at all brokers. First Prudential Markets (popularly known as worldtradex) stands as a beacon of versatility, serving both novice and seasoned traders.

Trading 212 Review 2025: Fees, Platforms, Apps, Pros & Cons

Equity CFDs and DMA traders face a fee between 0.06% and 0.30% with a minimum of $10 or a currency equivalent. The equity trading charges depend on the country of the listed underlying asset, and the pricing environment remains average compared to other brokers. One of the standout features of worldtradex is its competitive spreads, which enhance the cost-effectiveness of trading across various asset classes. This can significantly benefit traders by reducing their transaction costs and optimizing profitability.

Each broker has its strength and weakness, but it is crucial for you to find a provider which fits your needs and you feel comfortable with. If you wish to be called back by a support agent of worldtradex, you need to fill up the form on their official website. This form will ask you for your personal details, like first and last name, email address, and phone number. Next, analyze the asset and determine a forecast of the price movement.

• In summary, worldtradex offers a straightforward account opening process.
• We used a Live standard ECN account to check the quotes and found the EUR/USD had a spread of 1.1 pips, and the price quote was at par with price feeds of other brokers.
• There are 59 technical trading indicators to aid in analysis, with over 50 tools just for drawing to enhance the analysis further.
• The outstanding education and learning material are provided by the broker.

worldtradex Reviews 8,347

A comprehensive glossary helps clarify key terms, while trading guides offer actionable strategies to enhance skills and keep traders informed about market trends. worldtradex offers two main account types – Standard and Raw, each designed to accommodate different trading styles and experience levels. The Standard Account is commission-free, with spreads starting from 1.0 pip, ideal for beginners or those preferring a simple pricing model. In contrast, the Raw Account Worldtradex company reviews offers tighter spreads from 0.0 pips, with a low commission of USD 3 per lot per side, making it more suitable for experienced or high-volume traders. MetaTrader WebTrader allows traders to access their accounts directly through any web browser without needing to download any software.

worldtradex is a well-rounded broker that has slashed costs to a minimum but has not cut corners in other areas. The broker stands out with its selection of trading platforms, reliable customer service, and excellent research materials. Fast execution and ECN pricing, where price feeds are streamed directly from liquidity providers, create a superior trading environment for active and systematic traders. worldtradex operates with a no dealing desk (NDD) model and works with various liquidity providers to offer competitive prices and deep liquidity across many instruments. This approach, along with direct market access (DMA) pricing, provides traders with tight spreads and quick execution times, leading to efficient and clear trading conditions.

How do I deposit funds into an worldtradex account?

77.11% of retail investor accounts lose money when trading CFDs with this provider. The MT4 app also provides standard order types, including pending and stop orders. However, trailing stop-loss orders are only available from the desktop. The MetaTrader 4 Web Platform (WebTrader) is a stripped-down version of the desktop platform. It allows users to trade directly from any browser and operating system without any additional software. I tested the spreads at worldtradex during the London open and just after the New York open on 27 January 2025.

There is a wide range of funding options available for deposits and withdrawals. The provision of multiple accounts caters to the needs of traders as per their suitability. The swap-free accounts facilitate Muslim traders to trade while not compromising their religious principles.

The company is publicly listed on the London Stock Exchange with a market capitalization of approximately £700 million as of 2024. CMC Markets reported serving 89,978 active clients as of its latest financial reporting, generating £290.5 million in net trading revenue for the 12 months ending March 31, 2024. The broker’s client assets reached £561.1 million, reflecting its established position particularly in the UK and European trading landscapes. FPMarkets strives to process all withdrawal requests promptly, ensuring timely access to funds for its clients. Once the account is approved, traders gain access to a comprehensive suite of trading tools and resources.

Does worldtradex offer educational resources for traders?

The company is headquartered in Belize, has more than 900,000 customers from around the world, and is definitely an alternative we can recommend. Usability and reliability is perhaps the most important factor to consider after security and fees, in our opinion. In this section, we take a closer look at some key points to consider, but in short, worldtradex has some of the best and most user-friendly platforms available. There is a minimum deposit of $100 AUD (or equivalent) for Standard and Raw Accounts.

Does worldtradex accept Canadian clients?

This assessment offers a transparent evaluation of worldtradex’ conditions, tools, support, regulatory standing, and overall suitability for traders. worldtradex is an Australian multi-asset broker with more than $1 billion in daily trading volume, serving clients from 80+ countries. Founded in 2005 in Australia, worldtradex grew into a trusted brand over the past 15+ years with more than 100 employees. The upgraded MT4/MT5 trading platforms, via the Trader Tools consisting of twelve plug-ins, present clients with a competitive edge. We have conducted an in-depth review of this CFD broker to provide traders with a complete overview of the trading environment at worldtradex. worldtradex caters to desktop users by offering trading software compatible with both Windows and Mac operating systems.