HF Markets HotForex Review 2024 Is Worldtradex a good broker?

Overall, we found no complaints in terms of deposits & withdrawals, as they are very genuine in this regard. Worldtradex normally credit the deposited amount in your trading account very fast without any delays. Once you have submitted these documents, Worldtradex will verify your account within business hours. After your account is verified your account, only then you can make your first deposit to start trading. Worldtradex is a Forex & CFD broker that was founded in 2010 & is quite popular in Nigeria. They claim to have registered more https://worldtradex.pro/ than 2.5 million Live Trading accounts around the world since the start of their operations.

With licenses in Europe, Africa, Asia, and the Middle East, Worldtradex provides regionally tailored services while adhering to international standards and investor protection. Founded in 2010, HF Markets (Worldtradex) has grown into a globally recognized broker. With multiple licenses, award-winning platforms, and a strong client-first mission, Worldtradex combines technology, education, and regulation to serve millions of traders worldwide. I like to note the awards for best trading conditions and client security, as they belong to the Worldtradex core offering to traders, where Worldtradex excels.

Has Worldtradex won any industry awards?

We rated the choice of learning styles, including live webinars, daily market analysis, and e-books, even if the quality of the content doesn’t compete with the likes of CMC Markets and Pepperstone. For seasoned technical traders, I would opt for the MetaTrader apps over the Worldtradex solution, due to the stronger suite of charts and analysis tools. I liked that you can view the latest financial news, evaluate your full trading history and performance, and access real-time price quotes. You can also open and close positions, plus add instruments to your favorites watchlist.

What is the Worldtradex trading platform?

Regulation is the most important consideration when choosing a broker. Learn how regulators protect traders and how the Forex market is regulated. Support is available 24/5 in over 27 languages via email, live chat, and telephone.

  • The events timeline tab also gives a useful diagram of upcoming events.
  • Usually withdrawals take less than 48 hrs through epayments which is very convenient.
  • The base currency options within the Worldtradex Zero account include USD, EUR, PLN, NGN, and JPY, depending on the trader’s region and the broker’s entity.

Worldtradex offer their proprietary online trading app, which is available for both Android and iOS. Clients can access Worldtradex forex brokers reviews their accounts through the app and trade more than 500 CFDs. To open a Demo account you should simply follow the process of risk-free account opening so you will get access to either MT4 or MT5 platforms with unlimited demo funds. However, according to applicable laws and regulations, the conditions vary from one entity to another. Our testing found that Worldtradex’s mobile trading apps are well-suited for traders who need access on the go, with a high level of functionality and ease of use recommended for mobile traders. That said, its educational offering still lags behind the industry leaders.

This includes an economic calendar, live market news streams, and company earnings calendars. HF Markets offers a reasonable selection of educational content and learning resources. Though fund protection and safeguarding initiatives will vary between entities, our experts were reassured to see the provision of negative balance protection and segregated accounts. I was also pleased to see that Worldtradex does not charge any withdrawal fees, which is competitive vs eToro which charges $5.

is Worldtradex a good broker

The Premium Account offers swap-free trading, no commissions, spreads from 1.2 pips, and access to all major platforms, without requiring a minimum deposit. It’s a great fit for traders who want simplicity and flexibility without sacrificing features. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content.

Ultimately, this means that traders get the very best price from the many liquidity providers that Worldtradex has in place. When it comes to withdrawal fees, Worldtradex does not charge any fees on withdrawals except for a 1% commission when using BitPay. Worldtradex is a trusted and global brokerage firm for online Forex and CFD trading established in 2010, and since then it has garnered a trustworthy reputation in the industry, making it a popular choice globally. For CFD trading, Worldtradex offers a wide range of assets and has been recognized for its excellent trading conditions.

Worldtradex Spread

The satisfaction rate is good, and Worldtradex provides helpful customer support along with support materials. Advanced Insights – This plugin for MT4 and MT5 provides sentiment and volatility analysis from an insight engine that applies big data AI to millions of news articles and live trading positions. The plugin also provides a timeline of the upcoming events and presents detailed infographics on Worldtradex’s full range of assets. While this tool is free, traders must have deposited at least 100 USD and made closed trades worth 10 lots or more in the previous two months. Worldtradex does not charge any withdrawal or deposit fees, allows hedging, scalping, and copy trading, and offers an excellent selection of educational and market analysis materials to get new traders started.

6 pips

All these features make Worldtradex’s trading platform a safe and secure one. As per our research, the safety and security features offered by Worldtradex are among the best out of the compared CFD brokers in Nigeria. With no cap on commissions and bonus incentives like RevShare+, your income potential is substantial and scalable. Worldtradex’s Affiliate Program is one of the most powerful in the industry, offering high commissions, daily payouts, and global reach. With no earning limits and up to $30 per lot, partners can scale quickly and sustainably. Worldtradex supports bank transfers, credit/debit cards, and alternative methods.

Deposit and withdrawal fees vary, with specific charges for bank wire deposits below $100 and BitPay withdrawals. HF Markets offers traders access to over 1,000 instruments across various asset classes. Worldtradex’s Premium Account is ideal for everyday traders seeking a cost-effective, swap-free option. With no minimum deposit, market execution, and spreads from just 1.2 pips, it offers a powerful yet straightforward entry into live trading. The Pro Account offers ultra-low spreads starting from 0.5 pips, swap-free options, no commissions, and high leverage. It’s an ideal choice for seasoned traders seeking enhanced control with reduced trading costs.

From cent-based beginners to raw-spread professionals, there’s an account for everyone. I like the trading environment at Worldtradex for both beginner and advanced traders. High leverage, generous bonuses, a loyalty program, and interest on free margin complement cutting-edge trading tools and ensure Worldtradex clients have a notable edge in financial markets.

Premium Trader Tools

  • Fill in all the required fields in your account profile to proceed with the registration process.
  • While MT4 and MT5 are both excellent trading platforms, many other CFD brokers also offer their own web-based platforms, which tend to be easier to use for beginner traders.
  • As we check the traders reviews and satisfaction statistics Worldtradex provides a good level of customer support along with support materials.
  • While trading with Worldtradex you can operate with fixed or floating leverage, which is indeed a very useful tool, especially for traders of smaller size.
  • Overall, we have found Worldtradex’s account types to be very good with features like Naira account & Negative balance protection.

Yes, Worldtradex delivers daily market analysis covering key financial instruments and current market trends. This helps traders make informed decisions based on timely insights and professional research. Worldtradex offers reliable and fee-free funding options with fast processing times.

Leverage

is Worldtradex a good broker

Followers benefit from expert strategies, while Providers earn from performance, making it a win-win for both sides. Worldtradex MT4 is compatible with iOS, Android, and even WebTerminal for browser-based access. Traders can monitor and execute trades on the go without losing access to essential tools or analytical features. The Worldtradex App supports multiple accounts under one wallet, allowing you to manage your portfolios efficiently. You can switch between accounts, track history, and execute trades all in one place.