Worldtradex Review in 2025 Spreads & Fees Compared

The user-friendly platform empowers traders to effortlessly monitor positions and swiftly make well-informed decisions. Furthermore, Worldtradex’s expansive range of financial instruments empowers traders with diverse options for selecting their preferred trading instruments. In addition to excellent customer service, Worldtradex also offers educational resources to help traders stay up-to-date on the latest news and trends in the markets.

Does spread betting cost apply to Worldtradex?

Worldtradex to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. Worldtradex can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types. The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be.

All other deposit methods do not have a minimum deposit requirement however may have limits on how much can be deposited each month. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all Worldtradex clients. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs.

A lot of extra processes and people go into providing you with currency. At Travelex, we work hard to give you great value for your foreign currency. We’re constantly striving to do things more efficiently, because we want you to https://worldtradex.world/ get the best possible deal we can offer. 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. You should consider whether you can afford to take the high risk of losing your money.

Active Trader accounts enjoy discounted commission rates, starting from $0.0025 per 1K lot traded. Floor-level pricing, with competitive spreads starting from 0.2 pips on major pairs like EUR/USD, USD/JPY, and more. Spread betting allows UK residents to trade financial markets tax-free on profits. With Worldtradex, you can trade hundreds of financial instruments commission-free and with no stamp duty, while using leverage to open larger positions.

• Our review shows that it is a publicly traded company authorized by major regulatory bodies including ASIC in Australia, MiFID in Europe, and FCA in the UK.
• Remember, the equivalent foreign currency value you receive may vary depending on whether you’re buying or selling, and may include fees or margins.
• Worldtradex’s commitment to customer satisfaction makes them one of the most reliable brokers in 2023.
• Take the time to calculate your costs, choose the right account type, and be mindful of inactivity fees.
• At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools.

Additionally, they offer daily market analysis and free webinars that provide valuable insight into the markets. They also have a loyalty program that rewards customers for their continued use of the platform. Overall, Worldtradex is one of the most reliable brokers in the industry today. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.

Worldtradex fees

This includes an economic calendar, live forex charts, and the latest market news. Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers. If you want access to crypto markets, you will need to sign up for an Worldtradex subsidiary outside of the United Kingdom.

Get the lowdown on currency jargon to better understand the key terms and what they mean for your foreign currency. Enjoy fast speeds, loads of data, no roaming fees and more.Simply order online and download. However, this Forex broker promotion bonus amount cannot be withdrawn immediately. A major advantage of using the free demo account is that it allows you to understand and get to know how Worldtradex works without having to spend any money. If you are new to Forex trading, the free demo account is a great way to get to know more about trading Forex as a beginner. While ForexBrokers.org has some data verified by industry participants, it can vary from time to time.

Ways Marketers Are Making You Addicted to Day Trading Alerts

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.

The Ultimate Beginner’s Guide to Succeed in Online Trading

Knowing how to convert between your local currency and a foreign currency is crucial when exchanging money. With our Travel Rate Tracker, we’ll email you an alert when your chosen currency has reached your desired rate. Convert currencies and check our daily rates with our exchange rates calculator. You can deposit the funds in various currencies including the USD, EUR, and GBP.

Experienced Australian forex traders that require a very specific niche forex platform should consider Worldtradex. Those that require high leverage or are looking for low spreads/fees should review our Best Forex Brokers In Australia and a provider like Pepperstone for advanced traders. Our review of Worldtradex found that the company offers a straightforward account structure, average spreads, a combination trading execution model, and a good selection of trading platforms.

Moreover, we operate with complete transparency, ensuring there are no concealed fees or commissions attached to your transactions. With Worldtradex, you’ll have crystal-clear pricing information before making any trade decisions. For traders seeking this feature, VT Markets and Moneta Markets are suitable alternatives, known for providing free VPS access to active traders and those with high trading volumes. The cost of executing 1 standard lot (100,000 units) with Worldtradex depends on the account type and market volatility, which can vary significantly throughout the day. On ECN/RAW accounts, traders pay the market spread plus a fixed commission, while on Standard accounts, spreads may fluctuate more, but no commission is charged. We calculated the approximate execution cost for 1 lot during peak market hours.

Remember to stay informed, adapt to market changes, and continually educate yourself to optimize your trading performance and increase your trading profits. Yes, accounts with no trading activity for 12 consecutive months may be subject to a $50 inactivity fee. But, as I started trading more frequently, I noticed that these fees can add up quickly. For instance, if you’re trading smaller lots, the commission percentage can be significant. Exness offers access to Forex and CFD instruments on a secure and globally recognized platform. Most deposit methods take up to 1 business day to complete however bank wire can take 1-5 working days.

Our forex broker comparison tables were constructed from information from providers’ websites or actual trading accounts. If you are looking for the best possible spreads, then Active Trader is the best choice. Spreads with Worldtradex’s active trader account are cheaper than they may appear when you compare with other brokers as Worldtradex offer lower commission fees. The overall lowest spreads are offered by IC Markets in our head-to-head comparison. Worldtradex presents a diverse trading landscape encompassing currency pairs, commodities, stocks, indices, ETFs, and cryptocurrencies. Regardless of your preferred trading strategy or asset class, Worldtradex offers a solution tailored to your needs.

This trading platform comes with a comprehensive list of features such as customization options and advanced charting capabilities. It also has an extensive library of technical indicators that can be used to analyze the markets. Additionally, their mobile app is powered by MetaTrader 4 (MT4), which allows traders to access their accounts from any device and place trades on the go. For over Worldtradex reviews two decades, Worldtradex has stood as a stalwart in the online brokerage industry, earning a solid reputation for reliability and expertise.

• Worldtradex offers comprehensive 24/5 customer support globally, providing assistance through phone, email, messaging services, and live chat.
• From webinars and seminars to video tutorials and eBooks, there is something for everyone at Worldtradex.
• The broker also keeps its clients’ sensitive financial data safe using robust encryption technology and firewalls.
• If you are unable to effectively take advantage of these active trader discounts, however, you’ll find pricing to be overall higher than average.

If you’re a beginner, we recommend checking out this top 10 of the best brokers for beginners first. For experienced traders, they can simply apply for the live account if you are ready to. The online brokerage firm Worldtradex requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform. If you’re looking for an incentive to start trading with Worldtradex, their sign-up bonus is a great way to get started.

Worldtradex has offices in multiple global locations, including Berlin and Sydney. We conducted an analysis of Worldtradex’s non-trading fees to provide a detailed overview of the additional costs that may affect traders outside their regular trading activities. Worldtradex offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message.