worldtradex Review in 2025 Spreads & Fees Compared
As you would expect, worldtradex’s Active Trader account is ideal for active traders as it offers very competitive spreads when compared to the individual standard trading account. For instance, the typical spread for the EUR/USD currency pair is 0.2 pips. As worldtradex supports a wide range of trading platforms and features, both beginner and experienced traders will find that this online broker has a lot to offer to help meet their trading needs and goals. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
When comparing the spreads to other brokers, worldtradex at first glance appears to have only average spreads. Simply put, you can open and close positions without having to worry about trading commissions. Consequently, the trading fees are included in the variable spread, which fluctuates throughout the day based on the overall market conditions. Some assets have lower spreads than others, so this is something you need to consider when placing orders. worldtradex is a popular online forex and CFD trading platform that is regulated by major financial authorities including the UK’s Financial Conduct Authority and the Financial Sector Conduct Authority of South Africa, CySEC, and ASIC. Trading Station keeps up with the pre-loaded Marketscope, which is a free professional charting package allowing for a long list of indicators, up-to-date price alerts, and trading right from the chart.
Standard Account Fees
He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Since 1999, worldtradex, has been a pioneer in developing online forex offerings for retail traders. With its headquarters in London, Stratos Markets Limited (“worldtradex”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. worldtradex provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences.
The quickest method to use when depositing funds to your account is with a credit card or debit card. Should worldtradex go into liquidation, segregated client funds cannot be used to compensate shareholders. Furthermore, if worldtradex cannot satisfy any repayment claims, eligible UK-based clients can claim up to £85,000 in compensation through the Financial Services Compensation Scheme. For instance, let’s say you buy and sell the EUR/GBP currency pair and during a given calendar month you reach $160 million in notional volume traded. As you reach Tier 4, you will earn $20 per million traded, giving you a total rebate of $3,200.
To make up for this, the platform is available in your choice of 14 languages. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. 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).
Is worldtradex regulated and safe to use?
Choose from the supported trading platforms such as MT4 and Capitalise.ai based on your trading goals and preferences. Placing your first trade involves a myriad of key elements such as leverage, margin requirements, choosing whether to go long or short, placing an order type and more. Moreover, with crypto derivatives you do not have to worry about cold and hot crypto wallets for storing and holding your digital assets as you are only speculating on the price of the underlying asset.
Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements. Our forex broker comparison tables were constructed from information from providers’ websites or actual trading accounts. We try to update our forex broker comparison tables periodically (including our worldtradex reviews) but if you have any suggestions or areas that may need updating please feel free to contact the owners via our contact us form. Our worldtradex review found the forex broker offers one of the extensive choices of trading platforms from all online brokers. Not only does worldtradex offers a choice of 4 trading platforms (2 of them the best social trading platforms) the broker also offers 7 speciality platforms.
- You will also find plenty of support for worldtradex’s Trading Station and forex trading in general in the education section.
- This account offers worldtradex’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market.
- Experienced Australian forex traders that require a very specific niche forex platform should consider worldtradex.
- An Interest-free account is targeted at Swap Free Islamic Accounts who are forbidden from earning (or paying interest) as it is forbidden by Sharia law.
- Stratos Global LLC (“worldtradex”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies.
He has a Masters and Commerce degree and has an active role in the fintech community. All CFD option is commission-free, which means costs are included in the spread. worldtradex operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity. After having completed the application you will be given your login credentials.
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The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be. Before working at TradingPlatforms, Dassos worked as a writer for EuropeFX Financial Services. It was during his time here that he developed a passion for financial writing and grew his knowledge of trading, investing and cryptocurrency. The requirements are that you have an existing worldtradex trading account and that you meet a minimum notional volume bracket of at least $10 million per month.
If you want access to crypto markets, you will need to sign up for an worldtradex subsidiary outside of the United Kingdom. This platform is the most widely used platform Worldtradex official site by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms. While you can find platforms with more indicators, more charts, faster speed, as a whole, MetaTrader 4 offers one of the most complete packages because it does everything really well. MetaTrader 4’s reputation and reliability make it a sound choice for all traders. To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders.
We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. For traders who appreciate advanced trading tools and quality market research, worldtradex is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow. Average spreads at worldtradex are more favorable for active traders or clients residing in the EU, U.K., or Australia.
67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. EToro is regulated by major financial institutions including the FCA, CySEC, ASIC, and the US Securities and Exchange Commission. Since its launch in 2007 it has become home to over 20 million traders worldwide. worldtradex offers trading ideas via the Trading Signals and Technical Analyzer pages. On the other hand, it does not support fundamental data such as P/E ratios, market capitalization, and dividend yields.
- worldtradex can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc.
- worldtradex is a UK-based online broker that provides access to CFD and forex trading with tight spreads as low as 1.3 pips on popular currency pairs such as EUR/USD.
- These are all best for advanced traders due to the limited information available on their use.
- This is worldtradexs offering to all clients who don’t qualify as an Active Trader.
- With its wide range of available platforms and deep offering of trading tools, worldtradex has set the bar high and competes among the best brokers in the industry.
eToro: Best Crypto Trading Platform with Low Fees
worldtradex offers a good selection of markets, but some other platforms do offer more. There is a total of 39 currency pairs available with worldtradex, including majors and commodity pairs. While this selection is reasonable, it is somewhat disappointing for a broker that has specialized in forex since 1999; most other forex brokers have the same number of or more pairs.
The range of markets available with worldtradex is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put worldtradex at the lower end of the broker for currency choices. worldtradex is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from worldtradex traders and trading data accrued from over 10 years to meet the needs of their clients. If you are a high-volume investor, then the Active Trader account may be for you. This account offers worldtradex’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market.
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The worldtradex web trading platform offers a user-friendly and intuitive interface making navigating through the different features a breeze. For traders looking for a customizable trading experience, worldtradex’s customizability is spot on. Forex trading is very popular amongst beginner and experienced traders as it offers access to high levels of liquidity and often requires a low amount of capital to get started. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
ForexBrokers.com 2025 Annual Awards
As we have already discussed, worldtradex provides access to a variety of trading platforms, and as a result, you can trade via the Trading Station, MT4, or ZuluTrade mobile trading app. This includes an economic calendar, live forex charts, and the latest market news. Additional trading tools are available such as a market scanner and market data signal however to get to the really useful information such as trading signals, technical analyser and trading analytics requires a sign-up with worldtradex. If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform. This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the trading strategies of successful traders. The feature gives users the ability of traders to share ideas and strategies and help other traders.
worldtradex also offers tight spreads, for example, the typical spread for the EUR/USD pair is 1.3 pips. As well as low spreads worldtradex also supports a range of trading platforms such as its flagship Trading Station platform which is compatible with desktop, web, and mobile trading apps. Additionally, you can access the top-rated and popular MetaTrader 4 platform and the advanced functionality of automated robo-advisors otherwise referred to as Expert Advisors. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.