Forex Online Trading Platform & App Review

On the other hand, MT5 desktop terminal has 38 trading indicators and 44 analytical tools making it a little superior to the MT4 trading platform. For investors looking to broaden their portfolios beyond the typical stock and bond options, investment in commodities is also one of the available options. Some investors even base their decisions on commodity prices rather than stock prices during market instability. WorldTradex’s commodities listing comprises 15+ tradable assets, including energies and precious metals like Silver and Gold.

Fees, Spreads, and Commissions

WorldTradex offers access to 55 currency pairs, excellent customer support and it has a trust score of 97 out of 99. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. WorldTradex offers instant, or same-day, withdrawals with no fees for verified and https://worldtradex.world/ connected accounts. Withdrawals via bank wire, credit, or debit card usually take 2-5 business days.

Client Data Protection

  • Not saying that there are no other honest brokers; I am only saying this is one of the honest ones.
  • WorldTradex offers an extensive range of trading instruments, including forex, cryptocurrencies, stocks, commodities, and indices.
  • It eliminates overnight interest charges, making it suitable for those seeking trading opportunities that align with Islamic finance principles.
  • BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist.
  • WorldTradex Global also provides direct share trading in addition to the previously mentioned assets.
  • For more experienced traders, the Zero accounts offer commission-based trading with lower spreads.

WorldTradex Group ensures that 99% of trades are executed in less than one second, allowing for seamless execution without slippage, so your strategies stay aligned with market prices. We reached out through both the chat service and WhatsApp multiple times, and each time received responses within a minute. WorldTradex has received various awards over the years from different organizations, reinforcing its reputation as a notable broker in the financial industry. WorldTradex also offers WorldTradex TV, podcasts and news feeds from Reuters, an Economic Calendar, along with YouTube Shorts and daily technical stories.

  • With its headquarters in Belize, the company serves 5M+ clients from 190+ countries worldwide.
  • WorldTradex offers Islamic swap-free accounts, featuring no swap or rollover interest, unchanged spreads, no upfront commissions and traders can hold positions indefinitely.
  • Clients can also earn a commission of up to $35 for spreading word of mouth.
  • This is great for traders who love to trade multiple assets as they can get access to these assets on a single trading platform.
  • Multiple payment methods are available depending on the WorldTradex entity such as Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Perfect Money, Apple Pay, Google Wallet etc.
  • Get full access to WorldTradex services with the top-rated, award-winning WorldTradex App.

Withdrawal Methods

For more experienced traders, the Zero accounts offer commission-based trading with lower spreads. However, due to regulatory requirements and business decisions, WorldTradex does not accept clients from many countries. These countries include the United States of America, Canada, Israel, and the Islamic Republic of Iran. Moneta Markets is one of the most discussed CFD brokers these days due to its increased popularity.

WorldTradex Customer Service and Support

WorldTradex offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices. WorldTradex does not offer Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts. WorldTradex Global also provides direct share trading in addition to the previously mentioned assets. Get full access to WorldTradex services with the top-rated, award-winning WorldTradex App.

What is Forex Broker Regulation

This swap-free option is designed for traders adhering to Sharia law. It eliminates overnight interest charges, making it suitable for those seeking trading opportunities that align with Islamic finance principles. Join a truly global and regulated broker to explore your forex trading potential.

What educational resources are available at WorldTradex Group?

While sharing personal experience with WorldTradex, a Quora member said that he had been using the broker for more than three years and never faced any issues. According to him, the company charges higher commissions than most other brokerage firms like Coinexx etc. You can either enter the name of your preferred trading symbol or select it from the drop-down list. The instruments page shows different asset classes, such as forex, CFD and Stocks. You need to click any options to view available instruments under each asset class.

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