Compared to other brokers, Worldtradex offers relatively higher leverage than other brokers. It’s important to note that leverage in trading acts as a double-edged sword, enabling traders to potentially magnify their profits if the market moves in their favor. However, leverage also magnifies losses if the market moves against them. The broker provides various financial instruments, including forex, metals, futures, commodities, shares, and indices.
Furthermore, the broker offers Live TV, which is a feature that provides real-time market updates, news, and analysis. On the other hand, Worldtradex’s proprietary platform may not be as popular or well-known as the established MetaTrader platforms. In this review, we’re delving into Worldtradex, a broker that claims to elevate your trading game to new heights. However, before you take the leap, let’s dig deeper and unravel the mysteries behind this platform. In a world filled with scams and dubious practices, it’s crucial to do your own research.
All this data confirms that the broker started operating in 2022. Finding contact details for Worldtradex is not that easy. The “contact” section does not include them, except for a feedback form.
Deposit, Withdrawal, and Fees
- To classify regulators, you have multiple tiers.
- Gotta thank Worldtradex for being a reliable broker that looks out for the clients.
- What’s wrong with this broker is that there is a warning issued against them by CNMV (Spain).
- Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
- Dear users,This review was not submitted by a verified client of Worldtradex and seems to be an attempt to damage our reputation.
We appreciate it and will make sure to let our Product Team know. Hi Jane,We are so glad to see that you are satisfied with our Worldtradex platform! I fell for the online AI fake news stories that celebrities where making loads of money from investing £200.
Worldtradex Review by Expert: Is It a Fraud or Safe Broker?
- Since all reviews could be made up, especially positive ones we are questioning all of this.
- Regardless of whether you trade forex or other financial instruments, Worldtradex equips you with the tools you need to make informed decisions and succeed in your trading activities.
- Gain trust and grow your business with customer reviews.
- It was good to see training accounts variety, especially cent as I constantly evolve my trading strategy, trying to fit the current reality of the market.
We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. Hi Youssouf Mbodou,We are so glad to see that you are satisfied with our Worldtradex platform!
We managed to find an email address in the user agreement, but the phone number is probably missing altogether. Email verification didn’t yield anything; it is indeed an existing address. There are plenty of images, but they all look the same and seem generic. Smiling faces, phones supposedly displaying trading success, and typical stock graphics with harsh colors — all of this does not inspire trust. It feels like Worldtradex simply grabbed whatever looked “nice” and placed it on the site.
Worldtradex, regulated under the Seychelles Financial Services Authority, offers a wide range of trading instruments, including forex, futures, commodities, shares, and indices. Worldtradex offers https://worldtradex.live/ 300+ financial instruments across 6 asset classes, including forex, metals, futures, commodities, shares, and indices through CFDs. These markets are accessible via the MT4 trading platform, one of the most popular platforms among traders.
Westpac Online Investing Review
Worldtradex ranks 9th among Currency Trading sites. Additionally, reports from users suggest that the withdrawal process with Worldtradex may be cumbersome, with delays and unexplained hold-ups. This lack of transparency can be frustrating for traders who expect smooth and prompt transactions.
Customer Support
It’s advisable to conduct thorough research and consider brokers regulated by Tier-1 authorities to ensure greater protection and peace of mind. Worldtradex is a global leader in online trading, providing both beginner and professional traders with access to various trading instruments across global financial markets. It is also odd that there is no mention of an affiliate program.
We’re dedicated to providing our clients with a wide range of educational materials, and we’re thrilled to hear that you have found them helpful. Hello Sylvia C.,Thank you for your positive feedback! We’re dedicated to providing our clients with a wide range of educational materials, and we’re thrilled to hear that you have found our tech analysis ebook to be helpful. Hi Gustavo V.,Thank you for your positive feedback! Worldtradex also provides a wealth of educational resources for traders of all levels, from beginners to advanced.
However, to check this feature, verification must be completed. What stands out the most is the lack of specific Worldtradex information about the broker itself. However, to be fair, there are some positives. For instance, the Worldtradex website supports 12 languages in addition to English, covering both European and Asian markets.
However, such an excessive number of bonuses suggests that Worldtradex is more interested in reducing traders’ chances of successful trading and withdrawing profits. We’re glad to hear you’ve had a good experience using our platform. We pride ourselves on being able to offer a wide variety of assets to trade, and we’re happy that you’ve been able to take advantage of that. In conclusion, Worldtradex raises several red flags that should not be ignored.
I deposited money and was contacted by several people, G seemed to be interested and seemed to be helpful but after I didn’t deposit more, he basically booted my account. I was then sent to G who encouraged me to deposit more to make up for G ‘s mistakes, who was promoted. Upon hearing I wouldn’t deposit more after a couple weeks I was booted to another person. That person then told me that unless I deposited more my account would eventually hit zero. Customer service tried to give some money in return with a claim that they would contact me three days later.
We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks.