worldtradex Trading Platform Reviews, FAQs, Pros and Cons

Backed by a team of over 70 staff globally, ForexVPS.net is a strong choice for traders seeking a reliable, flexible, and globally distributed forex virtual private server solution. Cloudzy provides an affordable forex VPS option, starting at just $7.76/month. Its Supersonic plan includes 2GB RAM, 1 vCPU, 60GB SSD, and MT4 pre-installed. While it lacks broker partnerships, it offers solid coverage across the U.S., Europe, and Asia for budget-conscious traders.

However, they can remain active indefinitely as long as the account is regularly utilized. Standard Lot is 100,000 units of the base currency displayed as 1.0, Mini Lot is 10,000 units of the base currency displayed as 0.10 and Micro Lot is 1,000 units of the base currency displayed as 0.01. We transferred funds from the account back to our debit card, and it was completed in under 24 hours. Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts are also available. worldtradex cannot accept clients from certain countries such as the United States of America, Japan, North Korea, Iran, Iraq, Belgium and some regions in Canada. Read our full explanation and accounting of our research and testing process to learn more about how we test.

Trading Platforms

To check out the withdrawal fees that apply to each respective method, check out the details. There is no clear method that can compare fees to give you a clear picture of how high or low worldtradex trading fees might be. However, we can look at some scenarios that would enable us to check out the common CFDs and 70+ Forex pairs offer. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn’t imply direct instructions for investing.

worldtradex Webinars – Strengthen your trading skills and knowledge with insight from industry experts

  • One of worldtradex’ distinguishing features is its competitive pricing and deep liquidity, providing traders with tight spreads and fast execution speeds.
  • In addition to spreads, worldtradex charges commissions on share CFDs traded via MT5 on both Standard and Raw accounts.
  • From the website, users can easily click on the links provided to download the apps directly into their mobile devices.
  • For example, on MT5, you will be given a stunning 61 pending order types, market depth, automated trading using Expert Advisors, and tools from the MQL5 community.
  • Its Bronze plan includes 2.5GB RAM, 30GB storage, and Windows Server 2022 for £31/month, making it ideal for traders seeking institutional-grade infrastructure.

MT4 and MT5 supports over 30 languages while cTrader platform also offers similar multilingual support. worldtradex offers 24/7 customer support to both retail and professional clients globally through various channels, including phone / call back service, email, live chat, and social media. The company showcases its customer service awards and emphasizes delivering personalized and proactive support.

  • It doesn’t stop there because they have a YouTube channel full of tutorials that show you how to navigate the platforms provided.
  • Additionally, each platform is available on different devices, ranging from mobile apps, to webtrader options, and desktop trading platforms.
  • worldtradex offers a wide range of trading instruments, competitive spreads, and fast execution speeds, which create an efficient trading environment.
  • Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com.
  • They have multiple ways for you to fund your account and withdraw for convenience.

Does worldtradex accept Canadian clients?

The wide choice of geographic locations allows traders to place their VPS closer to their broker’s servers, improving performance. Whether used independently or via a broker promotion, BeeksFX is one of the most established forex VPS options and one of the few providers that is publicly listed. Platform is Excellent Choice Specially for MT5 and Very Tight Spread for MT5 on RAW Account fast withdrawal like 5 to 6 hours via Dragon Pay. Features are good need little improvement on Copy Trading System specially on the RANK Listing for best performance trader. Both beginners and advanced traders will find the information easy-to-grasp and very useful in making trading decisions.

worldtradex Review 2025 Quick Summary

A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Headquartered in Sydney, Australia, worldtradex (First Prudential Markets) was founded in 2005 as an online retail forex and CFD broker. The brand’s entities are regulated in Australia and Europe, with a total of 95 employees as of 2019. The platform was operating illegally, and the CMA has urged investors to deal with licensed platforms only and pointed investors to the list of the firms it has licensed to operate in the country.

Demo accounts provide access to live market prices, enabling traders to gain real-time insights into market movements. Additionally, it offers the opportunity to experiment with automatic trading strategies using Expert Advisors, further enhancing the learning and testing experience. worldtradex shines in the area of fees, offering better-than-average spreads in every asset class. Via the Standard Account, all trading costs are reflected in the spread with the exception of CFDs on shares where commissions are charged. My research showed that the lowest trading costs can be accessed via the Raw Spreads account type. In addition, worldtradex does not charge deposits or withdrawals and does not have an inactivity fee.

To cater to its global clientele, worldtradex’ live chat service is multilingual and supports over 12 languages, effectively removing language barriers and enhancing the overall customer support experience. worldtradex commission fees are competitive compared to other online brokers with similar ECN Account types. As shown in the table below, RAW Account holders pay $3 per side, per 100k traded, while most brokers charge $3.50.

It’s also important to note that worldtradex isn’t available for US traders. In that case, our forex brokers for USA traders article will give you the information you need. This broker also has a strong commitment to education, with a comprehensive learning center and many webinars. However, high-volume traders also benefit from the tiered loyalty program, which offers rebates and other features.

Withdrawal Options

It offers free VPS access through BeeksFX as part of its MetaTrader 4 offering, provided you maintain a minimum account balance of $2,000. For serious algorithmic traders, IG provides a competitive package that delivers speed and reliability as well as being rated as the best overall forex broker for 2025. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors. Practice caution and see financial advice when unsure because what we offer here is NOT financial advice.

Fast execution and ECN pricing, where price feeds are streamed directly from liquidity providers, create a superior trading environment for active and systematic traders. worldtradex’ trading platforms are designed to support efficient trading with competitive spreads, enabling traders to effectively capitalize on market opportunities. The combination of a robust trading infrastructure and comprehensive educational resources creates an enhanced trading experience that accommodates traders at various skill levels. worldtradex delivers low spreads, ultra-fast order execution from an NY4 server facility, advanced trading platforms, and minimal fees – without sacrificing customer support and high-quality research materials. worldtradex operates with a no dealing desk (NDD) model and works with various liquidity providers to offer competitive prices and deep liquidity across many instruments. This approach, along with direct market access (DMA) pricing, provides traders with tight spreads and quick execution times, leading to efficient and clear trading conditions.

You are have to fill out a registration form with essential personal details. As with any other broker, basic information such as name, email address, and country of residence is requred. Additionally, traders may need to undergo a verification process to confirm their identity and comply with regulatory requirements.

It’s a good idea to think carefully and compare accounts before making a decision. This will ensure you choose the most cost-effective option Worldtradex for your specific needs. We have a range of comparison reviews, such as IC Markets vs worldtradex, to help you make your decision. worldtradex offers a Raw ECN account with spreads from 0.0 pips and a $3.00 commission per lot round turn.

For example, Exness offers its own VPS service through the client portal, though it’s unclear if it’s an in-house solution or white-labeled from a third-party provider. Requirements vary by region, but generally include a minimum balance or recent trading activity. Many forex brokers host their servers inside Equinix data centers, which are major hubs for financial trading infrastructure. If your VPS provider also colocates there, such as at Equinix NY4 (New York) or LD4 (London), you can benefit from ultra-low latency.

Clients can also benefit from VPS hosting, which maximizes trade execution speed and protects against power and internet outages. Headquartered in Sydney, Australia, the broker supports multiple platforms, including MetaTrader 4, MetaTrader 5, cTrader, TradingView, Iress, and Mottai. Clients have access to thousands of CFDs across forex, indices, commodities, shares, ETFs, bonds, and cryptocurrencies. worldtradex is a global broker that started in Sydney, Australia in 2005. They offer services to traders around the world and are overseen by several financial regulators in different countries adapting to different rules and requirements.

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