worldtradex’s model empowers clients with direct access to a liquid forex ECN model where everyone receives equal access to the same liquid markets with instantaneous trade execution without any delays or re-quotes. Our stance as a Non-Dealing Desk broker ensures there’s never a conflicting interest with our clients, and our trades remain anonymous to our liquidity providers. All orders are orchestrated to execution with unparalleled competitiveness and transparency. The straight-through processing in an ECN environment augments your trading opportunities and escalates your success trajectory.

Clients can find the provision in the Investment Services General Conditions PDF. worldtradex has a clean regulatory track record and established itself as a secure and trustworthy broker. As a regulated broker, worldtradex is unwavering in its commitment to offering its clients tight and competitive spreads. By doing so, we aim to create an optimized trading environment where the incurred costs are minimized, allowing traders to maximize their potential profits and maintain robust financial health. This adherence to providing low spreads is reflective of our dedication to empowering our clients in their trading endeavors.

The e-wallets Neteller, Skrill, EeziePay and AWEpay are the fastest as they process withdrawals immediately. Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes. I find worldtradex’s in-house forex market hours tool a handy way to check holidays and other events that could impact trading hours.

Specialized Offers & Enhanced Trading Experience

It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. Since worldtradex is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations. A copy of the ID and one proof of residency documents usually satisfies this final step. While an worldtradex no deposit bonus does not exist, worldtradex offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. worldtradex occasionally introduces other bonuses and promotions, which have included a $50 worldtradex no deposit bonus or annual interest on free margin.

• Here is a screenshot of the worldtradex quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
• We are also disappointed with worldtradex’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days.
• This will be enough to satisfy most traders and provide opportunities to deploy a range of forex trading strategies.
• We equip our clients with all the essential forex trading tools needed for success, including access to MetaTrader 4 forex software.
• You would expect one of the leading ECN-STP brokers to provide you with the latest, cutting edge, platforms on which to trade and at worldtradex we never disappoint.
• worldtradex supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill.

Solid Regulatory Environment

Although worldtradex does not offer an extensive suite of forex tools, I am satisfied with the inclusion of a free Virtual Private Server (VPS). This works extremely well with MT4’s expert advisors for automated trading, and I frequently make use of it when trading on worldtradex. Our team rates worldtradex’s execution model, which combines straight-through processing (STP) and electronic communication network (ECN) to ensure fast and high-quality execution with low pricing.

worldtradex’s extensive product range includes over seventy Forex pairs, cryptocurrencies, indices, metals, and energies. With indices from various global markets, diverse metal trading options against the US dollar and the euro, a broad spectrum of cryptocurrencies, and spot oil trading, worldtradex stands as a versatile trading platform. Experience the full power of MetaTrader 4 directly from your web browser with MT4 WebTrader. This platform offers the complete suite of MT4’s features without the need for any software installation, providing flexibility and convenience for traders on the move. worldtradex Introducers earn according to the trading activity of their clients, based on the volumes they generate. For each lot traded on their client’s account, worldtradex issue a compensation immediately available for withdrawal in the Introducer’s rebate account.

MetaTrader platforms

There are no commissions and tight spreads sourced directly from liquidity providers. While testing worldtradex, the EUR/USD was available at 0.1 pips and the EUR/GBP at 0.5 pips. worldtradex’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so worldtradex is behind the competition here. Having high levels of experience and knowledge, we are ideally placed to understand our clients needs and to support traders in achieving their ambitions and investment goals. By providing a unique suite of resources, a VIP level of services, combined with world-class support 24/5, our low cost trading environment provides the ideal base to succeed.

worldtradex Partnership Program

• It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts.
• worldtradex’s extensive product range includes over seventy Forex pairs, cryptocurrencies, indices, metals, and energies.
• We at worldtradex steadfastly commit to upholding unparalleled transparency in trading while ensuring the utmost security of your funds.
• Having tested hundreds of forex brokers, I feel that the worldtradex’s education section is fairly average, with a decent range of materials available but nothing that stands out.
• EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees.
• This comprehensive regulatory alignment underscores our unwavering commitment to maintaining high standards of compliance, transparency, and ethical conduct.

These elements, along with the Forex ECN XL trading account, ensure a seamless and enriching trading experience. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.

New currency traders will enjoy the $0 minimum deposit, education and trading resources, plus the zero commission policy. Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions. worldtradex’s ECN/STP model provides professionals, active traders, hedge fund managers and corporate clients with access to real time streaming https://worldtradex.pro/ and competitive prices directly from leading multibank liquidity providers. We are committed to our clients’ success, by delivering competitive pricing, via the fairest and most transparent order process in the retail forex trading market.

It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. worldtradex offers traders the core MT4 trading platform without third-party upgrades. Our advanced Price Aggregator continually scrutinizes the Bid/Ask prices entering our ECN system, displaying the optimum price combinations sourced from our liquidity providers.