Transactions are processed and protected by Level 1 PCI-DSS Certified Independent International Payment Gateways. After following the link sent to your Email, you will complete your registration and be taken to the client area, where you will need only fill in some more personal information to get started. To open an account with worldtradex, you will need to head to their website and then click on the “open live account” button which is located in the main menu. Established for more than a decade, in 2010, worldtradex is one of the safest brokers there is.

worldtradex Affiliate Program

This includes worldtradex educational videos, Training course videos, Forex education/e-course, Live Webinars, Events, Exclusive analysis, and a Podcast. These materials are perfect for beginners who want to learn forex trading. 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.

The registration process was was seamless and user friendly, Also an amazing customer service. Companies on Trustpilot can’t offer incentives or pay to hide any reviews. Contact us directly for further inquiries about our products and services. You can trade both Spot marketIndices (plural for Index) as well as the Futures market. Examples of Indicesinclude Australia 200, France 40, US Wall Street 30, etc. You may refer herefor the full details on various Indices on offer on worldtradex.

worldtradex (HF Markets) Pros and Cons

Most deposits are instant, while withdrawal times depend on the payment method. These options allow traders to select an account that aligns with their trading strategies and financial capabilities. worldtradex operates under the oversight of several regulatory bodies, ensuring compliance with international financial standards. This multi-jurisdictional regulation enhances the broker’s credibility and provides traders with a secure trading environment. worldtradex has added the new and updated version of MT5 boastsstate-of-the-art features including options for hedging, while MT4 is slightlyless advanced and more suited to traders who are new to the markets. worldtradex offers its Worldtradex company reviews clients a large selection of educational materials.

worldtradex Trading App is the in-house app developed by worldtradex allowing traders to trade from their smartphones. The main benefit of using this app is that logging into your trading account is easier since it can be done with your worldtradex credentials. You also will not need to select the MT4 or MT5 server you wish to use and lastly funding your account can be done directly via the app. worldtradex delivers unparalleled financial insights that simplify complex data effortlessly.

Furthermore, worldtradex gives traders access to indexes and shares, fixed-income securities and diversified funds, the availability of bonds and ETFs is another advantage. Furthermore, worldtradex’s offer crypto CFDs frot traders to engage in the expanding digital asset market without personally owning any cryptocurrencies. For stock CFDs, no commissions are generally applied, while cryptocurrency trades may incur a small fee per round lot turn.

• Although email support responded in approximately 24 hours, it usually provided thorough, well-organized responses with links to other resources.
• The ratings and third-party reviews presented below are provided for informational purposes only and may not accurately represent the broker’s quality.
• The Micro or Cent Account is tailored for traders new to forex trading and those trading smaller volumes.
• One thing that proves this is their wide list of payment methods.

Best Brokers

Here’s a step-by-step guide to opening and verifying your HF Markets account. To find more information about these trading platforms, visit the “platforms” section on the worldtradex website. They have dedicated pages for each platform, ensuring you can find all the information you need to decide which platform best suits your trading requirements. Cryptocurrencies, like Bitcoin and Ethereum, have gained significant popularity in recent years.

Is worldtradex (Formerly HotForex) Safe? Broker Regulations

Both existing and new worldtradex clients can benefit from the free demo account for honing their particular trading style. Among numerous forex brokers out there, worldtradex seems to be a reliable and reputable broker with a strong global presence. The broker’s rebranding from HotForex further demonstrates its commitment to continuous growth and innovation in the industry. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

worldtradex provides a strong range of trading platforms to suit all trader preferences. HF Markets offers a range of account types designed to meet the needs of traders at all experience levels. The Cent account is perfect for beginners, allowing traders to start with small amounts. More experienced traders can choose from the Zero, Pro, Pro Plus, and Premium accounts, each offering better spreads, higher leverage, and additional benefits. The company is regulated by multiple leading authorities, such as the Financial Sector Conduct Authority (FSCA), DFSA, FSA, FCA, and CMA.

• With its diverse offering and positive evaluations across multiple aspects, worldtradex is recommended for traders looking for a reliable and robust trading platform, with a particular emphasis on copy trading.
• I was introduced to hotforex through an IB, and I am very pleased with how things turned out, excellent broker, tight spreads, fast execution and they even offer crypto trading.
• Here you will need to choose between Individual, corporate, or joint accounts.
• To open an account with worldtradex, you will need to head to their website and then click on the “open live account” button which is located in the main menu.

Additionally, compliance with FCA and CySEC regulations underscores their commitment to creating a reliable and secure trading environment for users. In both cases, you will get access to myworldtradex client area where you can manage all your accounts and finances. The minimum deposit is $100; the maximum deposit is ten thousand dollars. Making a deposit does not incur fees; deposits are handled within up to ten minutes.

The company is regulated by multiple authorities, including CySEC, FSCA, and FCA. Once your application is submitted, the broker will review it and request additional documentation for verification purposes. To provide a balanced perspective, let’s examine the advantages and disadvantages of trading with worldtradex broker. It is essential to note that the website is region-based, and the available support channels may vary depending on the region. However, for this specific region, Email, Phone, and Live Support are the primary methods of communication with the broker. This information can be easily found in the footer of the website.

worldtradex provides multilingual customer support across several channels. Their team is available 24/5 to assist traders with any inquiries or issues. This extensive range enables traders to explore various markets and instruments, aligning with their individual trading goals. There are nolimits on commissions or on how to manage your business.

worldtradex employs a variable spread over its several offered account types. While the Zero Spread account’s spreads start at 0 pip with interbank quotes and trading charges built into comission. My experience with worldtradex has been solid so far, going 6 months now is enough for me to give a review, I recommend them to traders, they have several trading account options for one can choose from.. worldtradex Group is a globalmulti-asset broker offering a wide range of financial instruments, trusted byover 2.5 million clients worldwide.

Please note that the information provided in this table is based on the data available up to September 2021, and some features might have changed since then. For the most up-to-date information, please visit the worldtradex website and consult the “Accounts” section. If you visit the Trading section on their site, you’ll notice that there’s no mention of a demo account. Energy commodities, such as crude oil and natural gas, are vital resources that drive the global economy.

By placing trustin a strategy provider, they have the opportunity to earn returns when thestrategy provider delivers consistent results. Despite a few drawbacks, worldtradex remains a solid choice for traders looking for a well-regulated broker with diverse offerings. worldtradex ensures hassle-free transactions by offering multiple payment methods, with most deposits and withdrawals being fee-free. The availability of commission-free trading for some accounts makes worldtradex an appealing choice for cost-conscious traders. These platforms are designed to provide a seamless trading experience, whether you’re at your desk or on the go.

This is a good account if you do not have the experience to trade on your own. This insurance protects against mistakes, negligence, omissions, fraud, and any other issues that could result in financial losses. You will be able to enjoy this coverage at no additional charge as an worldtradex client. The fully digital questionnaire makes the whole process quicker too, as you don’t need to worry about posting your documents to the broker for approval. Normally, the local bank transfer withdrawals in Naira are processed in 24 hours or the same day.