Multiple written and video materials cover essential topics related to technical and fundamental analyses, as well as the psychology of trading. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.
In addition to the bonus program, worldtradex provides a range of educational materials to support traders in their learning journey. These educational resources can include tutorials, webinars, trading guides, and market analysis. worldtradex offers an extensive bonus program for its clients. Traders have the opportunity to benefit from various types of bonuses, including a 20% deposit bonus, a 40% take off bonus, and a 100% supercharger bonus. In my estimation, worldtradex’s most useful type of educational content is its webinars. They are held frequently in several languages – English, Chinese, Arabic, and Malay.
However, it is worth mentioning that the broker does not verify the email address or phone number during the registration, which raises concerns about the security and reliability of the platform. ✨ We are always working to improve our customer service, and we’re glad to hear that you’ve had such a great experience with us.worldtradex ⚡️Empowering traders. Finally, investing and trading involves risks and you are advised to perform due diligence before investing and stay away from unregulated and high-risk trading platforms to avoid potential scams.
What Account Types Does worldtradex Offer?
Once the money is deposited with it, it stops responding to the queries.. Therefore, we do not recommend you to invest money with worldtradex. They\’ve been out of contact for two weeks, and my $1,200 is still stuck in my balance. worldtradex.com is a fake platform, and they are ignoring me! Don’t Worldtradex official site rush to celebrate and think that worldtradex is a legal and safe broker. Seychelles is an offshore zone where companies can be easily registered with minimal requirements.
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Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. worldtradex fails to provide any information about its staff on its website and promise fake returns. These deceptive practices raise significant doubts about the credibility and trustworthiness of this platform. Fill the form below or Use our Chatbot and get a Free Consultation from CNC Intelligence Experts, they can assist you by investigating your case and tracing your funds. You should also contact your bank as soon as possible and let them know about your issue.
- worldtradex is still a relatively new broker, having been established just a couple of years ago.
- Analytical support is not bad, although I am not “qualified” for trading signals from TC yet.
- These educational resources can include tutorials, webinars, trading guides, and market analysis.
- On the surface, everything is white-washed and easy to use.
- It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry.
Having an MT4 platform is not enough to compensate for the lack of transparency and hidden fees that await the unsuspecting victims. They start charging fees that they never advertised and should you stop trading with them they charge you fees for not trading. Very soon you are locked into investing more, or face losing all funds.
Should you have any additional questions or require further support, please don’t hesitate to contact us.Best Regards, worldtradex ⚡️Empowering traders. Our main mission is to tell the truth about companies which offer people to make a profit from their investments and financial deposits. There are many companies that mask their scam activities under the facade of real investment projects. Our articles and reviews can help any potential investor to avoid scam in the world of global finances. I am Kevin Berry, an internationally recognized financial advisor. With my team, we provide independent reviews about online stockbrokers, financial funds, and other projects about investments.
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- It has a large number of charts and indicators, as well as advanced features, such as EAs and social trading.
- They entice with promises of doubling the deposit within 24 hours and similar claims.
- Hi Kunn P.,We really appreciate you sharing your worldtradex experience with us!
- Transaction times vary but are generally within the norm.
- No license, a short operating history, plus many fake positive reviews.
In general, the conditions are a mix of mediocre and veiled. worldtradex also offers a separate terminal for copying trades. Clients can connect to other traders to copy their trades or become providers for other users.
The competitiveness of worldtradex’s fees depends on the asset classes traded. For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable. However, the broker’s spreads on currency pairs are quite elevated. worldtradex is still a relatively new broker, having been established just a couple of years ago. Hence, the company is still working on developing a strong brand name that is trusted internationally.
One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the https://worldtradex.space/ price of the derivative. However, as a trader who relies heavily on precise technical analysis, I am highly skeptical of MetaTrader 4. At least when it comes to executing penetrating technical analysis.
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Therefore, it can be assumed that the platform was launched in 2022. The domain worldtradex.com was registered in 2000, but snapshots from WebArchive show it was only acquired in 2022. All this data confirms that the broker started operating in 2022.
I wouldn’t recommend anyone to trade with this broker.
All essential safety information is present and written in an easy-to-understand way. Even if the broker is regulated it still doesn’t mean it’s genuine. That’s why you look for Tier 1 regulation, which worldtradex doesn’t have. They are a highly risky broker with a very quickly deserved bad reputation. Based on some worldtradex reviews conclusion is that this could make potential issues. Read the article on how you can recover money from a cryptocurrency and bitcoin scam.
tight spreads guarantee that you will get good profits and worldtradex delivers them!
As you can imagine, this payment turned out to be a “hole in the water” as payment of some commissions was subsequently requested for the activity provided by the brokers of the “worldtradex” company. During the calls made by the alleged ‘brokers’, the enormous earning potential deriving from investments in online trading was falsely prophesied, especially in the Cryptocurrency and/or Bitcoin sector. In my trading with spot metals and the MT4 app from the worldtradex broker, I have almost zero hiccups. Analytical support is not bad, although I am not “qualified” for trading signals from TC yet.