Yes, worldtradex operates under multiple regulations, including the FCA (🇬🇧 UK), CySEC (🇨🇾 Cyprus), ASIC (🇦🇺 Australia), and FSCA (🇿🇦 South Africa). This global oversight ensures high standards of security and transparency for traders. worldtradex is a trustworthy and well-regarded entity within the online financial trading arena. worldtradex has a global presence in crucial financial hubs like Cyprus and Canada. Obviously, that’s expected from a broker that’s been operating for over 20 years. They’re transparent about their spreads, leverage, execution, and trading conditions.
worldtradex trading platforms and tools
- Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
- worldtradex, established in 1999, is a globally recognized broker specializing in forex and CFD trading.
- Other users complain about the spreads being high, or long withdrawal time.
- You must have an active worldtradex trading account and submit the official referral form.
- worldtradex definitely offers something for everyone, and it’s a broker worth trying.
Whether trading Forex, Stock Indices or Commodities, worldtradex would like to thank you for your ongoing commitment over these past two decades. As our industry continues to change, we look forward to being able to provide you with the same customer support and ultimate trading experience that have driven us right from day one. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
Key Features
Finally, some of worldtradex’s educational content is only available if your balance exceeds certain minimum thresholds. While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients. Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking.
- While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients.
- Active account holders earn cash bonuses for each friend they refer who deposits at least $300 and meets trading volume requirements.
- worldtradex is a globally regulated broker committed to safeguarding client funds and data.
- This also tends to be the quickest method, taking about 3-5 business days.
- We start with a focus on customers where specialised expertise, attention to detail, and follow through are seen as important aspects of all of our interactions.
- The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month.
Does worldtradex charge stamp duty on CFDs?
While this selection is reasonable, it is somewhat disappointing for a broker that has specialized in forex since 1999; most other forex brokers have the same number of or more pairs. That being said, worldtradex does offer the forex pairs that most traders will be interested in, so only advanced and professional traders are likely to feel the lack of choices. There are also 12 indices to choose from, seven commodities, the BUND treasury fund, and one cryptocurrency CFD, BTC/USD. worldtradex rewards active traders through its Rebate Program by paying cash rebates based on monthly trading volume. The more you trade, the higher your rebate tier and earnings, with payouts calculated per million USD of notional volume across Forex, indices, commodities, and more.
Stratos Global LLC (“worldtradex”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. worldtradex is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. Through our dedicated global 24/5 customer support and individual client feedback, we aim to ensure that we are constantly building a better brokerage for our traders. Jeff Anberg is a Senior Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
Overall, traders highlight solid performance and features, with a common request for clearer fee structures. worldtradex delivers 24/5 customer support through phone, email, and live chat. With global offices in 🇬🇧 UK, 🇦🇺 Australia, 🇿🇦 South Africa and more, traders receive quick, localised assistance.
What extra benefits come with worldtradex’s Active Trader account?
Since 2015, Leucadia has been the majority economic owner of the broker, adding to the platform’s scale. worldtradex is regulated by the FCA (Financial Conduct Authority) in the U.K., which includes default insurance of up to GBP 50,000 for worldtradex and up to GBP 85,000 if the custodial bank fails. worldtradex is also regulated by ASIC in Australia, and FSCA in South Africa. 64% of retail investor accounts lose money when trading CFDs with this provider.
Whether you are a beginner or an advanced algorithmic trader, worldtradex has plenty of options. In Worldtradex scammers our 2025 Annual Awards, worldtradex finished Best in Class for its excellent Platforms and Tools. The availability of MetaTrader 4, TradingView, an assortment of add-ons for algo trading, and its own proprietary platform Trading Station provides traders with excellent technical resources. worldtradex’s Rebate Program is a lucrative reward system for active, high-volume traders, encouraging larger monthly volumes across multiple assets. While the $10 million minimum volume may be high for some, serious traders gain valuable cash rebates, adding a compelling financial incentive to trade more frequently. worldtradex offers comprehensive education for traders at all levels, featuring live daily webinars, on-demand videos, and in-depth trading guides.
Card withdrawals may take between 5 business days and a billing cycle. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. worldtradex is well-suited for beginners, providing comprehensive educational materials and user-friendly platforms. That said, there is some room for improvement and the overall educational offering still trails some industry leaders in this category. On trading forums, users share a mix of positive and cautious experiences.
Other users complain about the spreads being high, or long withdrawal time. Pricing with worldtradex is reasonable, although not the best you will find. The average spread for EUR/USD is 1.3, and users can view an updated list of average spreads on the “Spread Costs” page. Keep in mind that these are averages, so the spread may be higher or lower at any given point. There is no Zero or ECN account that charges a commission, so all account holders with worldtradex are charged spreads. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.
You must have an active worldtradex trading account and submit the official referral form. Then, invite friends or family to open an account, ensuring they enter your email as the referrer. Complete the steps and get rewarded once they meet the trading volume in 90 days. He is a forex industry expert and an active fintech and crypto researcher. The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts. The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues.
Customer Service Overview
Yes, worldtradex is regulated by several reputable authorities, including the 🇬🇧 FCA, 🇦🇺 ASIC, 🇨🇾 CySEC, and 🇿🇦 FSCA. These regulations enforce strict standards to protect traders and ensure transparency in worldtradex’s operations. All content on ForexBrokers.com https://worldtradex.bid/ is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
Is worldtradex regulated?
worldtradex’s Active Trader Rebate Program rewards serious traders with cash back for high-volume activity. By meeting monthly trading volume requirements, traders can earn rebates, enjoy premium support, access exclusive tools, and benefit from tighter spreads across forex, indices, commodities, and more. Yes, worldtradex offers a free demo account, also known as paper trading, that allows you to practice trading with up to $20,000 in virtual funds. The demo account simulates actual market conditions with real-time data and a similar environment as a live account.
worldtradex’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its worldtradex YouTube channel. Use our country selector tool to view available brokers in your country. You have several options when it comes to depositing and withdrawing funds at worldtradex. worldtradex is authorized and regulated by FCA, CySEC, ASIC, FSCA, and the Israeli Securities Authority. We start with a focus on customers where specialised expertise, attention to detail, and follow through are seen as important aspects of all of our interactions.
He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA). There are abundant support resources online and on the worldtradex website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers. You will also find plenty of support for worldtradex’s Trading Station and forex trading in general in the education section.
Chris Hanks is an experienced physical therapist based in Austin, Texas. He earned his Doctor of Physical Therapy degree from the University of Texas at Austin in 2005 after completing his Bachelor of Science in Kinesiology in 2002. Dr. Hanks has been a licensed PT in Texas since 2005. He began his career at Central Texas Rehabilitation Hospital before moving to Austin Sports Medicine Center in 2010. In 2015, Dr. Hanks opened his own clinic, Capital City Physical Therapy, where he continues to treat patients.