worldtradex does not charge additional commissions for withdrawing funds. When using an ECN account, a commission of $2.50 is charged for each transaction per 1 lot, which can be considered below average. If you are not interested in trading on your own, consider worldtradex’ copy trading platform, which allows for passive income by copying the trades of other traders in real-time.
Trading platforms of worldtradex
worldtradex explains its services well, and I recommend the FAQ section before contacting support. I miss a direct line to the finance department, where most issues can arise. The proprietary copy trading service, which requires a minimum deposit of $100, presents a quality alternative to the embedded MT4/MT5 copy trading services. worldtradex also has a VIP program, upgrading the worldtradex trading experience significantly via up to 30% reduction in trading fees and increased cashback. E8 Markets operates as a proprietary trading firm that funds traders based on a challenge and verification model. The company provides a simulated environment where traders must demonstrate consistent profitability and disciplined risk management before gaining access to a funded trading account.
Seamless Trading Across Devices
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- That is not to mention the fact that you can get loads more from the MQL marketplace and even build your own in the MetaEditor interface.
- Markets found further relief this week as signs emerged that more pragmatic voices within the Trump Administration may be gaining influence.
- Simply sign up, select your preferred partnership model, and start referring clients using the promo materials provided by worldtradex.
I am always impressed when a broker takes the time out to address any concerns although of course, it would be even better if there weren’t such concerns in the first place. Demo accounts are also available which can be useful for new traders who wish to try out the different platforms available and practice their trading strategy using virtual funds. The broker offers expert daily and monthly analytical articles and reviews to help you stay on top of important market events and refine your strategy using the analytical reviews from experts.
Pros & cons of worldtradex account types
In addition to their education program, worldtradex features news stories and articles as well as market analysis and analytics on a variety of financial assets. Traders will find plenty of extra features and resources with worldtradex. However, this account requires commission to be paid, at $2.50 per lot per side. All trading instruments are available with this account, along with negative balance protection. Reliable customer support is essential when trading with any broker, and worldtradex recognizes this importance by offering efficient and accessible service.
He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. It allows scalping strategies and offers fast execution and low spreads. To delete your worldtradex account, you need to contact their customer support and follow the necessary procedures they provide. It is regulated by the Financial Commission (FinaCom) and offers client protection with compensation funds up to €20,000 per case. The broker offers several communication channels to satisfy the needs of different clients. In the overall AppStore rating, the worldtradex app received 4.9 out of 5 possible points, based on 847 reviews.
worldtradex also does not charge any commission for deposits and withdrawals, an added advantage. Moreover, the company covers any deposit fees charged by the payment system. A bonus offer from worldtradex is the transfer of profits from a demo to a real account.
- worldtradex primarily provides brokerage services in the CIS countries, Asia and Europe.
- worldtradex broker provides customer support through various channels, such as live chat, email, and phone.
- MT4 and MT5 are two of the most popular professional platforms among traders the world over.
- The more views and evidence we can gather, the better we can reflect users’ experience and the more accurately we can communicate that in our final report.
Stock Investment
Users can get real-time news and recent developments in global financial markets. FXStreet is a leading Worldtradex review source for reliable news and real time Forex analysis. They give you access to real-time exchange rates, charts and an economic calendar.
All these tools have the potential to greatly assist traders by providing increased decision accuracy. It is still a downside for worldtradex not offering any educational materials, making it harder for beginners to learn how to trade. But for the advanced traders who know what they are doing, the broker has plenty of tools to assist. worldtradex provides multiple payment methods for deposits and withdrawals, catering to a global clientele.
Many users enjoy the high leverage rates, which are among the best in the market. Customer service is also mentioned several times as being responsive and high quality. Additionally, the number of assets available is also something many users enjoy. The final advantage we identified in this worldtradex review is fast order execution. This is an important feature as it means a potentially profitable trade will never be missed. High speeds are consistent across all account types and platforms, including the worldtradex app.
With a minimum deposit of $100, traders can access competitive conditions and various bonus programs. Whether you prefer manual trading or automated strategies, worldtradex has an account type that fits your needs. worldtradex provides a wide selection of markets that cater to a variety of trading strategies. From Forex and Metals to Cryptocurrencies and Stocks, the broker ensures access to both high-volume and niche assets.
While withdrawal fees and a $100 initial deposit may be drawbacks, the broker compensates with fast withdrawals, exclusive bonus programs, and excellent customer support available 24/7. worldtradex provides round-the-clock customer support, ensuring traders receive assistance whenever needed. Clients can reach the support team via email, Telegram, and through their personal account support service. This multi-channel approach enhances accessibility and responsiveness. For personalized assistance, traders can rely on the dedicated support team, which helps with technical issues, account management, and trading-related queries. worldtradex’ strong customer service reputation is reflected in its high TrustPilot rating of 4.8 out of 5, based on over 2,700 verified reviews.
The Trustpilot Experience
worldtradex is an online broker that offers a wide range of financial services to traders and investors. The company provides access to various financial markets, including Forex, stocks, commodities, indices, and cryptocurrencies. The AMTrader Mobile Platform offers traders full access to all trading instruments and tools without the need for any downloads. Accessible through any browser, it provides a seamless trading experience regardless of the operating system you’re using.
Overall, E8 Markets is a compelling choice for disciplined traders seeking a professional trading environment, clear guidelines, and real potential for financial growth. The firm also offers a custom-built user dashboard where traders can monitor their challenge progress, drawdown levels, and account statistics in real time. The dashboard is user-friendly and adds an additional layer of transparency, ensuring traders are always aware of their account status. E8 Markets supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, catering to both traditional and more advanced traders.
In contrast, the high yield segment declined -0.2%, weighed down by weakness in the oil and gas sector. We do not sell or recommend any trading services ourselves, but may be compensated through third party advertisers. This compensation should not be seen as an endorsement or recommendation by us, nor shall it bias our prop firm reviews.
Yes, worldtradex provides VPS (Virtual Private Server) services to ensure stable and uninterrupted trading. worldtradex offers limited educational materials, which include a Blog and an FAQ (Frequently Asked Questions) section. Funds are credited instantly, except for bank transfers, which take up to 5 working days.
In addition to forex, worldtradex offers a variety of commodities, including popular options like gold and silver, which are ideal for those seeking to hedge or invest in physical assets. Furthermore, the platform supports major cryptocurrencies, providing modern trading opportunities for digital asset enthusiasts. In the following paragraphs, we will explore each of these tradable instruments in greater detail, highlighting the unique features and opportunities they present. E8 Markets has emerged as a prominent proprietary trading firm offering funded trading accounts to skilled traders worldwide.