Copy trading is a way to make trading more accessible by copying trade positions. Moreover, you do not need trading experience for copy trading, so even novice traders can participate without incurring losses and risks. Trading in the Muslim community is considered haram, but swap-free trading accounts, which do not include interest charges, are considered legitimate.
This level of flexibility shows a strong dedication to being inclusive and providing convenience for their diverse clients worldwide. Renowned for its proficient charting utilities, automated trading functions, and comprehensive market analysis capabilities, MT4 is highly recognized within the community. Worldtradex requires a Minimum Deposit of $25 / ZAR 480 for MT4 and MT5 accounts. If you can ignore the limited range of assets, there is a low-cost broker with a fairly standard setup. By providing free educational webinars, articles, and analytical tools, Worldtradex helps its clients reach their investment goals. We also use different external services like Google Webfonts, Google Maps, and external Video providers.
WorldtradexFX: Maximum Leverage
When you join us, you’ll receive a special 50% Worldtradex welcome bonus on your deposit. This means that you can start earning more from your very first trade. Please remember that you must deposit a minimum of 50 USD to claim your welcome bonus. To ensure you can access your profits, we ensure that minimum withdrawal amounts are as low as possible. Depending on your chosen method, the minimum Worldtradex withdrawal in South Africa is 90 ZAR, and the minimum Worldtradex withdrawal in Nigeria is 3,000 NGN.
- We will break each of these different levels out separately to make identifying your real minimum deposit WorldtradexFX will need a little easier.
- The Worldtradex platform offers various deposit options, each with their own fee structure.
- The company operates on the ECN/STP model and executes orders at market price in less than 0.1 seconds.
- Depending on your chosen method, the minimum Worldtradex withdrawal in South Africa is 90 ZAR, and the minimum Worldtradex withdrawal in Nigeria is 3,000 NGN.
Is WorldtradexFX Regulated?
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. To open an account, click the “Open Account” button on the Worldtradex website, complete the registration form, confirm your email, and select between a real or demo account.
Overall, the minimum deposit on Worldtradex in Kenya depends on the payment method you are using. One thing to note – none of these are regulated in India, which is common for forex brokers offering high leverage. But always remember – forex trading carries risks, no matter the broker. Start small, use stop-losses, and never invest more than you can afford to lose.
Deposit methods may vary depending on the country, but popular ones include Visa, Mastercard, Worldtradex local banks, Skrill, Neteller, Bitcoin, Ethereum, and many more. Finally, don’t forget—we don’t have any hidden fees, don’t take commissions, and have 0% swaps. These include segregated accounts, SSL protection of your data, and 3D Secure technology for transfers. Watch this video guide for instructions on how to use your deposit bonus. It’s usually instant, except for bank transfers which can take 1-3 business days.
According to the latest data as of June 2025, the minimum deposit for Worldtradex stands at 25 USD, which is considered a low level. This figure is lower than the average minimum deposit of 310 USD found among over 300 brokers analyzed by Traders Union. You can close your Worldtradexfx account by emailing the customer support group at requesting to delete or close your account. WorldtradexFX offers 24/7 customer support through live chat on the broker website. However, it lacks other customer care support resources, including email and phone support.
- There are three types of trading opportunities that are provided to traders with trading accounts.
- The spread on both WorldtradexTrader and MetaTrader 5 accounts starts at 0.6 pips, with floating spreads that may vary based on market conditions.
- With these conditions, your trading outcomes can become even more beneficial.
- Their minimum deposit is higher than Exness or Worldtradex, but much lower than IC Markets.
And second, the dashboard seems a little light on customization options. That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. Worldtradex deposit methods, except for bank wires, do not require account verification, but only verified clients may withdraw funds.
Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years. However, deposit and withdrawal fees may apply to third-party participants. Worldtradex Minimum Deposit amount required to register a live Worldtradex trading account is USD 25. The MetaTrader 5 (MT5) Account offered by Worldtradex is tailor-made for traders seeking cutting-edge trading technology. Traders who use WorldtradexTrader accounts get competitive spreads and access to various trading products. Its clients in South Africa can invest with Orinoco Capital Pty, an FSCA-regulated financial services provider that acts as an intermediary.
Traders should enter their account details within the Worldtradex back office. Some payment processors redirect to their page and require a login and deposit confirmation, dependent on the payment processor. Done by clicking on “Notify Us After Transfer.” Confirming the deposit completes the process. Traders may deposit in any currency, but only the US Dollar and the Euro are available as account base currencies. Therefore, Worldtradex will convert non-supported currencies and may either levy a currency conversion fee or internal markup on raw market spreads.
Worldtradex trading account types
In a broker trade, the minimum deposit should be given much importance so that the customer is attracted to it. The minimum deposit to open an account with Worldtradex is just $25, making it a low-cost option for traders starting with a small investment. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. The online brokerage firm WorldtradexFX requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform.
Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free. The broker offers a 50% deposit bonus https://worldtradex.club/ on all account types except Islamic and demo accounts. Suppose your deposit amount is $400, so the number of trading lots should be at least 100, which means you can withdraw the deposit amount after 100 lots.
Deposit Fees and Options
The trading and non-trading commissions of broker Worldtradex have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Eightcap and Worldtradex Group, to provide the most comprehensive information. What strikes me about WorldtradexFX is their emphasis on trader training.
After logging into their back office, traders can find the “Deposit” button in the main menu at the top or in the right-hand menu. Clicking it will direct traders to the deposit interface, where they see all available payment processors, potentially this may be restricted by geographic location. Traders will conduct all financial transactions via the secure and user-friendly WorldtradexFX back office, which requires an account application. WorldtradexFX will send a verification and confirmation e-mail during the process. You can only choose the trading platform when creating an account.
How do I withdraw from Worldtradex in South Africa?
Worldtradex offers a reasonably affordable brokerage, accepts any amount, and makes no deductions when depositing or withdrawing money. This minimum deposit is equivalent to roughly ZAR 447 at the current exchange rate between the US Dollar and the South African Rand at the time of writing. Worldtradex Minimum Deposit amount required to register a live Worldtradex trading account is $25 USD. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family.
Their tutorials and webinars helped me a lot when I was learning the basics of trading. I’ve also had good experiences with their customer service – they’ve always responded promptly when I’ve needed help. If I had to quibble, I’d say they could add more trading instruments. Your money will be converted to USD because their account’s base currency is in USD. Traders will conduct all financial transactions via the secure and user-friendly Worldtradex back office, which requires an account application. Clients get access after submitting their name, e-mail, and desired password.
Trading View
As per the recent updates, WorldtradexFX and other international brokers have been put on the alert list by Indian authorities because they were operating illegally. Some market analysis tools are economic indicators, market information, forex news, interest rates and holiday calendars. These tools effectively judge the market environment and make decisions that are most appropriate per the environment. There are a few differences that may be noticed depending on which method you choose to fund your account as you can see from the table below. In our opinion, this level of transparency indicates a broker that can be relied upon.
