worldtradex Review May 2025 Account Types and Affiliate
To get access to six different asset classes and more than 300 financial instruments with no commission and floating spreads, you must complete the worldtradex registration process. worldtradex offers CFD and Futures trading through 4 account types, including a Cent with a minimum deposit of $10 and floating spreads from 1.1 pips. Examining the web version of the platform reveals several weaknesses. The interface of the terminal is simple, with limited features offered. Liquidity issues are obvious and are directly related to leverage and financial losses incurred by clients.
Forex Brokers
When registering, clients can choose between Standard, Premium, or Privilege accounts, as well as a cent account. The major drawbacks of such an approach are the lack of obvious distinctions between accounts and the lack of transparency to clients in general. Trading foreign exchange, commodity futures, options, precious metals and other over-the-counter or no-exchange products carries a high level of risk and may not be suitable for all investors. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders.
- There is also an inactivity fee of $50 if the account is not used for one year, which will result in it being closed and the balance being written off.
- These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency.
- When you become a worldtradex partner, you gain access to exclusive materials, tailored remuneration packages and a wide range of resources to support you all the way.
- If you are an online website owner, social media influencer or run your own educational hub, then partnering with us is a great way to expand your business.
“Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” To expand your client network and grow your business, worldtradex provides tailored marketing resources, tracking tools and dedicated support.
Most of the data is present exclusively in electronic documents. Nevertheless, the client agreement reserves the right for the company’s employees to unilaterally change trading conditions, including swap charges. Clients who trade with this broker enjoy the luxury of trading with fixed spreads. For the basic accounts, the spread is 1.8 pips, while the Privilege account reduces the spread to 1.1 pips. When opening an account, traders can use USD, EUR, or GBP as the account currency. worldtradex provides access to several types of accounts varying in spreads.
What are the account types?
TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. The brokerage company supports automated trading through Expert Advisors on MT4. While worldtradex’s spreads are competitive for some assets (like cryptocurrencies), they’re higher than average for currency pairs. Refer new active clients to earn additional cash prize rewards (in addition to your rebates) up to $1,000 for each month that you meet the set targets (shown in the table below). When funding your account, a service fee is charged, which is 10% of the deposit amount and has a maximum amount of $200.
Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices.
A dedicated account manager to assist you throughout the whole journey
Stability in the terminal is poor, and there are significant delays in order execution. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. We generate income through various methods, which helps us convey facts transparently and not write biased content due to “broker sponsorships,” “commissions from financial companies,” and “advertisements.”
Our program will help you get rewards for referring our services and driving traffic to our website. The project provides spot and margin trading with a limited number of financial instruments. The management supports multiple trading platforms with different functionalities and high liquidity. However, customer reviews of worldtradex.com are contradictory and typically negative. When it comes to funding and withdrawals, worldtradex offers a relatively wide variety of options for clients to choose from.
While the broker offers comprehensive, responsive, and dedicated support through these channels, the lack of phone support can be a letdown for potential customers. worldtradex offers the TradeCopier platform for both professionals and amateur traders. If you’re confident in your trading skills, become a strategy provider and let others copy your trade and earn up to 40% performance fees. Whether you are new to affiliate marketing and forex, or you have an established presence in the forex industry, you can earn commissions by referring your audience to worldtradex. Information about trading commissions and dealer fees is not available on the main page of the site.
Available Trading Platforms on worldtradex Broker
- Additionally, various penalties and restrictions are imposed on the website, which will be discussed in the next section.
- The interface of the terminal is simple, with limited features offered.
- We generate income through various methods, which helps us convey facts transparently and not write biased content due to “broker sponsorships,” “commissions from financial companies,” and “advertisements.”
- From E-wallets to cryptocurrencies, you can choose whatever suits you.
- If you have discovered your online niche and have a strong online presence, then we would like to hear from you.
However, the full-featured mobile version is only partially supported. In summary, the most significant disadvantages of the company’s trading terms are a lack of disclosure of the commissions, excessively high leverage, and an undisclosed figure for the initial deposit. Additionally, various penalties and restrictions are imposed on the website, which will be discussed in the next section. worldtradex is not targeted to residents of the EU where it is not licensed. worldtradex does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria and North Korea. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.
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There is also an inactivity fee of $50 if the account is not used for one year, which will result in it being closed and the balance being written off. worldtradex cultivates a customer-first culture and they are dedicated to a user-oriented perspective, combined with solid trading expertise. With worldtradex’s Introducing Broker program, partners can benefit from commissions and rewards. Tradeco limited is authorized and regulated by the Seychelles Financial Services Authority with license number SD029. Positions of brokers in this rating are based on publicly available sources that are analyzed using AI. Broker positions in the rating may change frequently as broker information is updated regularly.
With worldtradex’s Introducing Broker program, you can benefit from attractive commissions and excellent rewards. You will be partnering with a trusted broker and get professional and expert help throughout your journey with us. Our tailored marketing materials and resources can help you refine your brand and attract prospective clients. If you have a local customer network, our IB program is ideal for you as you can introduce new clients to us and get competitive rewards. Our dedicated managers and multilingual customer support are available to guide you and your referrals every step of the way. If you have discovered your online niche and have a strong online presence, then we would like to hear from you.
When you become a worldtradex partner, you gain access to exclusive materials, tailored remuneration packages and a wide range of resources to support you all the way. Most importantly, you partner with a reliable and transparent broker who can provide business support and help. Becoming an Introducing Broker with worldtradex means you can benefit from our exclusive packages and tailored solutions. worldtradex’s Introducing Brokers’ program focuses on providing each client with the right tools to enter a competitive market and maximise their potential. The bonus is paid out based on the selected option Worldtradex for registration.
With expert support and our exclusive marketing tools, you can introduce our products to your audience and boost your conversion rate. We offer competitive remuneration plans, including CPA commissions and extra cash bonuses. worldtradex’s affiliate program offers expert and personalised tools and support to help you monetise your online business. If you are an online website owner, social media influencer or run your own educational hub, then partnering with us is a great way to expand your business.
Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses. This multi-asset broker brings a lot to the table, catering to traders of all stripes. Whether you’re into forex, metals, futures, commodities, shares, or indices, worldtradex has got you covered. And tailored materials to help you grow your business and increase your earning potential.
In other words, an IB receives commissions based on the traded volume of the traders they have introduced to the broker. Although the company is regulated by an offshore regulator, it offers unprofitable trading conditions, e.g., high leverage. Most other features are unavailable, and educational materials are of poor quality.
User support available 24/5 only via email or online form in English, French, Spanish, German and Chinese. The procedure of account opening is easy and fast and takes less than 1 minute online. Here’s a balanced look at the Advantages and disadvantages of trading with the broker.