worldtradex Broker Review 2024: Pros and Cons

They go out of their way to ensure you have a great experience with them. Only in the event of certain circumstances will these requirements not be fulfilled. worldtradex allows you to place several limitation orders on trades, including stop loss, take profit, buy stop, sell limit, and sell stop orders. worldtradex will execute all trades at the declared client price as soon as these limitations are reached. With the HFcopy account, you can connect with over 250,000 other traders. You can choose to follow and copy successful traders, or you can set yourself up as a Service Provider (SP).

• These exceptional features enhance the overall trading encounter by enabling experienced traders to flourish in showcasing their complete potential and refining their strategies.
• Alike Wire transfer will take 2-10 working days, also depending on your bank and international policy processing, while e-wallets will load the request Instantly.
• worldtradex Group is a globalmulti-asset broker offering a wide range of financial instruments, trusted byover 2.5 million clients worldwide.
• The worldtradex Zero account features raw spreads from 0 pips and a trading volume commission of $6/lot round turn.
• The selection may slightly vary depending on your area and the account type selected.

Our Insights

• And if you are provided with the correct information from worldtradex, we are so pleased.
• As a follower, you can deposit funds and elect to automatically copy the trades of a strategy provider.
• No, worldtradex’s affiliate terms typically permit one account per person or organization, but it is recommended to contact their customer service with any specific questions.
• Their detailed and clear insights have been incredibly valuable to us.
• 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.

The worldtradex maximum leverage may slightly differ also depending on the regulatory framework of your country and the worldtradex entity you are trading with. worldtradex is a CFD (Contract For Difference) Forex broker with execution style based on ECN (Electronic Communications Network) and STP (Straight-Through Processing) models. Upon opening the worldtradex demo account you can start with a virtual balance of up to $100,000 while also installing and trying EAs as we have explained in our worldtradex demo account guide. worldtradex withdrawals are secure, but can be quite slow requiring up to 10 business days to get through.

The broker facilitates smooth and secure financial transactions using reliable methods such as bank transfers, credit/debit cards, and popular e-wallets. This flexibility ensures that all traders can easily manage their funds in a way that suits their individual circumstances. worldtradex prioritizes security and efficiency in all transactions, employing advanced security measures to protect client data and funds during transfers. This commitment to reliability and convenience underscores worldtradex’s dedication to providing a seamless trading experience for its clients. At worldtradex, traders enjoy access to an extensive selection of currency pairs, encompassing major pairs like EUR/USD and GBP/USD, as well as a wide range of minor and exotic pairs. This variety ensures that traders can find opportunities across different markets, regardless of their geographical or economic focus.

Transparency and trust are not just features—they’rethe foundation of worldtradex. With displayed risk metrics, detailed trade histories,and access to real-time data, traders are never left in the dark. New users can start by following traders, observingtheir strategies, and simultaneously develop their own skills. By placing trustin a strategy provider, they have the opportunity to earn returns when thestrategy provider delivers consistent results. I was introduced to hotforex through an IB, and I am very pleased with how things turned out, excellent broker, tight spreads, fast execution and they even offer crypto trading. Usually withdrawals take less than 48 hrs through epayments which is very convenient.

Are there any conditions under which worldtradex might close my account?

worldtradex accounts are compatible with MT4, MT5, WebTrader, and mobile platforms. 🛡️Regulated and trusted by FCA, FSA, DFSA, FSCA, CMA🛡️2808 new traders chose this broker in the last 90 days.🛡️Available for global Traders. Read our full explanation Worldtradex reviews and accounting of our research and testing process to learn more about how we test.

We did not find any other regulated broker that offered better welcome bonus to Nigerian traders. As per our research, the company’s deposit and withdrawal methods are good, and they even support local bank transfers (but they are little slower than some other brokers like FXTM). The withdrawals at worldtradex are a bit slow but we have found no complaints in this regard from any users.

What is the worldtradex minimum deposit?

However, the trader will not get lifetime access to a demo account. worldtradex offers six types of accounts, Micro, Premium, Zero Spread, Auto, PAMM (Premium), and HF Copy. These worldtradex account types are believed to provide the best possible trading conditions to the client according to the requirements.

Their ongoing efforts to evolve and adapt to changing market dynamics are visible, and this adaptability distinguishes them. Yes, worldtradex offers advanced courses and market analysis tools to help seasoned traders refine their strategies. One remarkable feature of the Cent account is its incredibly low margin requirements, starting from as little as $0.10.

No, worldtradex is a fully regulated and legit broker that has been in existence since 2010 and they have over 3,5 million happy customers globally. You can download the MT4 program from the worldtradex site, or choose to use it through a web terminal. After your accounts are open, you’ll find that you can easily manage them as wallets from your client area. You can even participate in a demo contest on worldtradex and stand a chance to win real cash prizes. This is a good account if you do not have the experience to trade on your own. This insurance protects against mistakes, negligence, omissions, fraud, and any other issues that could result in financial losses.

Swap-Free Account Fees

Though worldtradex (HF Markets) is a highly trusted and regulated forex and CFD broker, it has its strengths and weaknesses. In this review, we will take an in-depth look at worldtradex (HF Markets), exploring its features, pros, cons, and more. By reading this review, you will gain a better understanding of whether worldtradex (HF Markets) is the right broker for your trading needs and preferences. The leverage that worldtradex offers you varies greatly, depending on where you’re located, whether you’re a retail or professional trader, and which products you choose to trade.

HF Markets offers a broad range of engaging bonuses and promotions that enhance the trading experience. HF Markets offers a variety of exciting bonus opportunities and promotions to enhance the trading experience. Traders can take advantage of bonuses on eligible deposits to increase their capital and maximize their trading potential across more than 500 instruments. As part of its commitment to security, HF Markets maintains segregated accounts for client funds, ensuring that client assets are not affected by the company’s operational activities. This structure safeguards clients even in the unlikely event of financial difficulties within the company.

worldtradex offers a robust customer support system that is accessible through multiple channels, including live chat, email, and telephone. This ensures that traders can receive prompt and effective assistance whenever needed, regardless of their location or time zone. The live chat feature allows for real-time communication with support representatives, offering immediate solutions and answers to urgent inquiries. For more detailed queries or issues that require thorough investigation, email support is available, providing a way for clients to receive comprehensive responses. Additionally, the telephone support service offers a direct line to customer service agents, ensuring personal and immediate assistance.

What is the worldtradex Loyalty Program?

23 indices and 34 ETFs covering US, European and Japanese markets are available. Not every account or every country is offered the same bonus (or offered one at all), so it’s important to read the terms & conditions if you’re considering taking up a bonus offer. Opening an account with worldtradexarkets is a very straightforward, streamlined process. The features found in the app are a bit more basic compared to the MT4 and MT5 apps and much more basic than the MT4 and MT5 webtrader and desktop versions. MT4 also comes with 23 drawing tools to help identify support and resistance levels, or trend lines.

worldtradex offers a competitive fee structure that varies depending on the type of account chosen. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. The broker operates globally but is restricted from offering services in certain countries due to regulatory requirements, sanctions, or other legal considerations. Here’s a list of countries where worldtradex cannot provide its services.

We found that most users’ questions were answered quickly and that the service team went above and beyond to guarantee complete satisfaction. We did find a few places where the platform could be enhanced, but these were minor compared to the widespread praise. worldtradex’s VPS servers are located near major financial hubs, reducing latency and expediting trade execution. worldtradex will convert withdrawal amounts based on the current exchange rate; fees may apply. Once the withdrawal has been verified, the funds will be transferred to the specified account. Yes, worldtradex charges a $5 inactivity fee after six months if there is no activity on a trading account.