The Micro or Cent Account is tailored for traders new to forex trading and those trading smaller volumes. Brokers, through cent accounts, allow investors to trade smaller trade sizes and open an account with a lower initial deposit. Worldtradex’s micro account gives clients the opportunity to trade with cent lots, and like other swap free accounts, doesn’t incur a swap fee. With all the available trading resources it seems that Worldtradex is dedicated to providing its clients with an extensive range of trading resources and educational materials, catering to traders of all levels. By taking advantage of these resources, traders can enhance their skills, knowledge, and trading approaches, increasing their chances of success in the financial markets. The Worldtradex MetaTrader 4 MultiTerminal platform is designed for traders who need to manage multiple accounts simultaneously from a single interface.
For stock CFDs, no commissions are generally applied, while cryptocurrency trades may incur a small fee per round lot turn. Disclaimer – BrokerBenchmark.comRisk DisclaimerPlease note that trading and investing in financial instruments, commodities, and other assets involve a high level of risk. You may lose your entire deposited funds, and past performance is not indicative of future results. You should only engage in such activities if you fully understand the risks involved. BrokerBenchmark.com does not provide investment, financial, or legal advice.

📝 How to Open a Worldtradex Live Account (Step-by-Step)
All up, I wasn’t very impressed with the quality of education provided by Worldtradex. The Worldtradex website states that the firm supports 27 different languages, which seems quite impressive, so if English isn’t your chosen language, Worldtradex may be a good option for you. For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly. You’ll need to show your country of residence, as certain countries are only allowed certain accounts. Opening an account with Worldtradexarkets is a very straightforward, streamlined process. Client funds are segregated, and held by major global banks, in compliance with the regulations of government authorities.
The Premium Account offers swap-free trading, no commissions, spreads from 1.2 pips, and access to all major platforms, without requiring a minimum deposit. It’s a great fit for traders who want simplicity and flexibility without sacrificing features. Forex, or foreign exchange, is the world’s largest and most liquid financial market. Worldtradex offers access to numerous currency pairs, allowing clients to trade major, minor, and exotic pairs.
- With a 0 USD minimum deposit, smaller contract sizes, and access to real-market conditions, it provides a safe and cost-effective way to learn and practice trading strategies.
- The ability to see up to 100 charts concurrently improves analytical opportunities; besides the platform’s better order management features help traders execute trades smoothly.
- Affiliates who promote RevShare+ can earn monthly bonuses and regular commissions based on specific performance metrics.
Only in the event of certain circumstances will these requirements not be fulfilled. Our Worldtradex reviewers were impressed by the broker’s social trading offering as compared to other brokers offering the same service. Alternatively, you can open a zero spread account with a minimum deposit of $200, or a Premium Pro account with $500. The intuitive interface offers sentiment and volatility analysis using financial news and events.
It’s ideal for traders who prioritize ultra-tight spreads and direct market access. Several Worldtradex accounts, including the Cent, Premium, Zero, and Top-Up Bonus Accounts, offer a 0 USD minimum deposit. This ensures accessibility to traders of all levels and gives flexibility to start trading without financial pressure. Traders can start with any amount, making this account one of the most accessible live trading options for beginners and budget-conscious retail traders. Beginners can use the risk-free demo, educational resources, and live webinars.

What types of markets can I trade with Worldtradex?
If you have any more questions or need further assistance, don’t hesitate to get in touch. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Read our full explanation and accounting of our research and testing process to learn more about how we test. 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.
How long does the verification process take?
Monthly rewards range from $100 to $5,000 for meeting predetermined goals. Traders with technical questions can contact Worldtradex’s technical support team through the provided channels. Yes, Worldtradex offers periodic webinars and live training sessions on various trading-related topics. Once the deposit is verified, the amount will be reflected in your trading account. Yes, Worldtradex charges a $5 inactivity fee after six months if there is no activity on a trading account.
Deposit and Withdrawal Options
Yes, Worldtradex has offices in various global locations to serve its diverse clientele. Withdrawal requests submitted before 10 am server time are typically processed on the same business day between 7 am and 5 pm server time, according to Worldtradex policy. Yes, if you wish to trade with Worldtradex again, you can reactivate your account or create a new one. Although there are no strict minimums, affiliates are encouraged to promote Worldtradex actively to increase their earnings. Worldtradex adheres to stringent data protection policies, ensuring that personal data remains private and is not disclosed without consent.
The intention is to create a library of resources for clients to access, providing the tools and knowledge required to trade with confidence. As traders progress through the Forex Education Centre, they can build a strong foundation in various trading concepts, preparing them for success in the financial marketplace. HF Markets offers a series of training course videos that delve into various trading topics and strategies. These videos cover basic terms, beginners’ courses, trading tools, MetaTrader tutorials, trading strategies, and commodities and futures contracts.
Worldtradex, formerly HotForex, is a well-established and award-winning forex and commodities broker serving clients worldwide since 2010. With over 3.5 million live accounts opened, more than 200 employees globally, and support for over 27 languages, Worldtradex has solidified its position as a global market leader in the trading industry. Despite the variation, overall trading costs are lower than average across all four accounts, and the accounts offer different benefits in terms of trading strategies and minimum deposits. One of the Worldtradex Pros is also its offered market range that includes 17 trading tools and 150+ trading products with access to global markets. These include Indices, Forex, Metals, Energies, Shares, Commodities, Bonds, ETFs, DMA Stocks, and due to increasing demand now offering Cryptocurrencies with Bitcoin, Ethereum, Litecoin, Ripple and more. This Worldtradex broker review showed that the broker has an execution policy dedicated to offering a quality trading experience.
Worldtradex offers a reasonably in-depth educational platform suited for reasonably new traders. While some other brokers offer even more markets to trade, we think Worldtradex has a good range of products overall. 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. Next up, I was offered a top-up bonus, which is an incentive from Worldtradex to deposit funds into the account. The bonus works by giving me some extra capital when I deposit, and I’m then required to turn over enough volume before I can withdraw it. The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position.
Client funds are kept in segregated accounts with trusted financial institutions. Worldtradex also adheres to full transparency protocols and offers regulatory protection under each license jurisdiction to enhance client fund safety. The Worldtradex Trading Rewards Loyalty Program is designed to reward active traders with Worldtradex Bars, which can be exchanged for cash or trading services. With four different reward levels (Red, Silver, Gold, and Platinum), the more active trading days a client accumulates, the more Worldtradex Bars they earn for each round-turn lot they trade. Cryptocurrencies, like Bitcoin and Ethereum, have gained significant popularity in recent years. Worldtradex enables its clients to trade various cryptocurrencies as CFDs, offering exposure to this rapidly growing market without the need to own the digital assets themselves.
- Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.
- These platforms are available on desktop, web, and mobile, making trading accessible and efficient across devices.
- You will also find 21 timeframes vs 9, a Depth of market indicator and even 64-bit (vs 32-bit)processing which makes MT5 a superior option for backtesting.
- No, Worldtradex does not charge registration fees, ensuring a cost-free onboarding experience.
Leverage brings an opportunity to increase your potential gains through its possibility to multiply balance in a particular number of times. Yet remember that leverage may work in reverse too, defining also your risks, that is why it’s so important to understand how to use tools smartly. Overall, Worldtradex’s platform selection ranks good, with a rating of 4.2/5, for industry popular software offered making it suitable for various trading styles and strategies. However, for alternative and specialized platforms like TradingView or cTrader Worldtradex is not an option since Broker does not provide these software. Worldtradex as a Forex and CFD Trading provider delivers an excellent quality trading environment good for Forex Trading and some Instruments from popular Asset groups. Below is a breakdown of the main features in 10 areas that make Worldtradex an attractive broker for traders Trading Platforms, Account Conditions, Instrument Range, Fees, Education, etc.
In addition, the app facilitates quick transfers of funds, withdrawals, and deposits. A feature informing traders of upcoming events that may affect their trades is also advantageous. HFCopy is a potent trading tool that enables traders to collaborate and attempt to dominate https://worldtradex.site/ the markets as allies. It connects traders regardless of their geographical location or trading experience. By copying trades from multiple strategy providers, followers can diversify their portfolios.
Accepts Malaysian Traders
This policy covers every aspect of trading, from the speed of execution to maximum and minimum lot sizes. If you don’t like staying in the market too long and your preferred trading style is scalping, Worldtradex has the perfect Worldtradex scammers account for you. The Zero Spread account offers incredibly tight spreads with no mark-ups. Instead, you will pay a commission that starts as low as $0.03 per 1K lot. The company had to rebrand because it felt the old name (Hotforex) did not depict the full range of services that the broker offers. The broker provides over 1,200 products in 9 asset classes and having “forex” in their name was no longer a proper reflection of the award-winning trading experience they offer.