Like, they dont lure you in with leverage, dont create 15 account types. They dont have their own cooked up half-working trade platform, instead its tried and tested MT4 which is the best trading platform for retail by far. One of these platforms’ biggest advantages are their support for automated trading via Expert Advisors (EAs), which have long been favored by algorithmic traders and which we feel are yet to be surpassed. Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader. worldtradex has unusually competitive dealing spreads that you can gauge by opening a free demo account. The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades.

In the vast landscape of forex brokers, worldtradex has established itself as a prominent player, known for its commitment to transparency, advanced technology, and a client-centric approach. In this comprehensive review, we’ll delve into the key features, trading conditions, and overall user experience that define worldtradex as a brokerage choice for traders seeking precision in the forex markets. worldtradex offers a clear and uncomplicated fee structure across all account types, charging no commissions or swaps on certain accounts, while others may have minimal fees based on trading activity.

Our team is happy to see that worldtradex does not impose any trading restrictions, meaning strategies such as hedging and scalping are viable. Islamic traders will also be pleased that a swap-free account is available upon request. worldtradex adheres to important rules set by this regulator including the segregation of client and business funds and the use of reputable international banks for the safekeeping of client money. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.

News Trading: Acceptable Choice

This makes it easy for global traders to get started with the forex broker. Despite offering crypto trading 24/7, worldtradex does not offer 24/7 customer support. If you are planning to trade crypto on the weekend and encounter any issues, you may only contact support on the coming Monday. If this is a concern for you, there are brokers like worldtradex who do offer 24/7 client support and crypto trading.

This broker is trustworthy

Still, worldtradex has done well by providing an attractive, affordable and simple account option for day traders who will appreciate having no trading restrictions or minimum deposit requirements. I’ve been trading with worldtradex for a few months now, and so far, it’s been a good experience. The spreads are reasonable, and customer support is decent, though not always as fast as I’d like. Overall, it’s been reliable for me, and I haven’t had any trouble getting things done. Definitely a good option if you’re looking for a straightforward platform. On the negative side, there is a slim selection of trading platforms with access to MetaTrader 4 (MT4) only.

Love the demo

worldtradex offers various account types for both experienced and new traders. Each account has different minimum deposits, leverage, and the number of trading instruments. All account types include features like hedging, advisors, free VPS (virtual private server), and a personal manager.

• worldtradex supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform.
• Additionally, worldtradex’s access to deep liquidity decreases the risk of incurring negative slippage at times of heightened market volatility, which is especially important for news trading.
• Apart from the various trading tools that you will find built into the MT4 trading platform, you are provided with some useful standalone trading tools to help get the most out of your trading.

Trading Platforms and Tools

The online broker covers a range of important topics including guides on foundational information for the forex market that all beginners should read. Clients can also download a range of ebook PDFs for free that go into further detail on strategizing and online trading. Our team rates worldtradex’s execution model, which combines straight-through processing (STP) and electronic communication network (ECN) to ensure fast and high-quality execution with low pricing. We are also disappointed with worldtradex’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. As I wrote here two years ago, the worldtradex broker is one of the best in the market.

With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions. worldtradex supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply.

These combine well with worldtradex’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month. On both platforms, placing a trade is a quick and straightforward affair that can be completed in a couple of clicks via the ‘Market Watch’ window or even more smoothly by turning on one-click trading. worldtradex supports trading via the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, with MT5 added in 2025. The most frustrating absence is stocks, which are entirely missing, though traders can at least speculate on stock markets through index CFDs.

If you are just getting started on your trading journey and need guidance along the way, Fortrade is a broker with lots of educational resources. I use the desktop platform for running automated systems as it is the only version which can. The web version of the platform is great if you need to access your account from any device without installing any software and it is always up to date.

The user-friendly interface let for speedy trade placements and effective market data navigation. worldtradex Forex trading platforms, are based on highly regarded MetaTrader4 and MetaTrader5 in fact like many ECN brokers. Under its ECN XL account, worldtradex charges no trading commissions; it depends on competitive spreads to make money.

• It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features.
• Accessing the MT4 or MT5 app through an worldtradex account is also straightforward, requiring only three easy steps, while mobile traders get the same tight spreads and reliable execution provided by the broker.
• worldtradex’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades.
• Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
• Overall, the asset selection is both impressive and more than ample for new and intermediate traders.

The only drawback is that it does not support Metatrader 5, which I hope this broker will support this platform as soon as possible. worldtradex’s commitment to multilingual support enhances accessibility for clients from various regions, although it’s important to note that support is unavailable on weekends. However, the lack of alternative platforms is a major drawback, also some traders find MT4 slightly outdated.

While testing worldtradex, the EUR/USD was available at 0.1 pips and the EUR/GBP at 0.5 pips. During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives. Based on our expert opinion, worldtradex Forex broker has been recognized by numerous traders around the world as well by the significant number of awards they receive. worldtradex broker delivers dedicated support by a professional team and a good NDD trading environment based on quality technology, also with a good range of trading instruments and low fees and spreads. The scammed by Worldtradex broker’s strong regulatory oversight by CySEC, MiFID, and MISA, along with client fund security in Tier 1 banks, adds a layer of trust for its users. worldtradex provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills.

worldtradex operates in a regulated environment, which ensures a safe and supportive trading experience. However, for better transparency, we recommend signing up with a European entity. worldtradex broker, or FX Central Clearing, is a Forex broker from Cyprus that started in 2010. It helps professionals in the forex market trade currencies, cryptocurrencies, indices, energies, and metals using advanced technology.

For traders who utilize automated trading strategies, worldtradex offers a VPS Sponsorship Program. This program provides access to high-speed servers and uninterrupted trading through Virtual Private Server (VPS) hosting. By minimizing latency and enhancing order execution speeds, the VPS Sponsorship Program ensures that automated strategies operate smoothly and efficiently, maximizing trading performance. In summary, worldtradex is a good choice for beginners because it has no minimum deposit requirement and offers extensive supporting content. Seasoned traders can benefit from its fast execution speeds and extremely competitive prices.

Compared to the industry average, worldtradex offers a high amount of currency pairs and indices, an average amount of commodities, and a low amount of cryptocurrencies. In my opinion, MT4 is an excellent option for fast and simple order execution. While its design may not be as modern as some newer platforms, it remains a reliable choice for many traders. However, for those who prioritize flexible chart scaling, MT4’s charting capabilities may feel somewhat limited. It facilitates technical analysis by providing an overview of price action behavior. Chartists use many analytical tools and chart configuration possibilities to examine it from multiple angles.