WorldTradexFX is known for offering competitive spreads and a commission-free trading environment. Spreads start from 0.4 pips on major currency pairs like EUR/USD. Additionally, WorldTradexFX offers swap-free accounts for traders who want to avoid overnight charges. WorldTradexFX is an international broker that provides a variety of trading options for both novice and experienced Forex traders. WorldTradexFX has integrated platforms such as MetaTrader, which provides a no-frills, low-cost trading experience, focusing on transparency and favorable trading conditions. CTrader provides a convenient and feature rich environment for more flexible trading.

Can I trade on WorldTradexFX using a mobile device?

Forex trading is legal in Hungary and operates under the ESMA regulatory framework that governs all EU member countries. The Magyar Nemzeti Bank (MNB), the Hungarian central bank, regulates the physical Forex markets and ensures enforcement of ESMA rules and regulations for Forex trading, including online retail trading. During my research identifying the best Forex brokers in Hungary, I uncovered that Hungary levies a 15% capital gains tax. If Forex traders meet certain conditions, a 15.5% social tax is due on top of the 15% capital gains tax. I urge Hungarian Forex traders to consult a licensed professional for up-to-date tax advice, to improve tax efficiency, and to ensure total compliance with the Hungarian tax code. I advise beginners to consider my tips below to shorten the learning curve and highlight areas of study to focus on before opening a trading account with the best Forex brokers in Hungary.

Market Data

It’s not a reflection of WorldTradexFX’s capabilities but more about the evolving needs of a trader. WorldTradexFX offers a commission-free trading environment, which is particularly appealing to cost-conscious traders. Instead of commissions, the broker makes money through spreads, which are generally competitive. There are no deposit or withdrawal fees charged by WorldTradexFX, although you should check with your payment provider for any additional fees. WorldTradexFX offers CFD trading on forex, commodities, stocks, indices and cryptocurrencies.

WorldTradex Traders Reviews

The funding options include wire transfer, credit/debit card, digital wallets and cryptos. I find them to be the quickest and easiest way to move funds between my trading accounts. The accounts can be opened in a limited choice of currencies, USD and EUR. I think they could improve by adding support for more currencies as the different options are beneficial because conversion fees do not apply when using an account in your own currency. WorldTradexFX do no charge a commission on deposit and withdrawals. Secure SSL encryption helps make your information confidential and inaccessible to third parties.

WorldTradexFX Response Time

I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. WorldTradex’s market research is well organized and varied in its content. Rather than specializing in any one field, WorldTradex provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, WorldTradex has room to enhance its research offering. For instance, I found that the content on the WorldTradex Blog is not updated daily across all categories. Don’t be fooled by this WorldTradexFx, they are blocking and returning the money of many customers from the market, when you try to withdraw, they show strange reasons and finally they are stealing your money.

• Clients will also find good market analysis tools with FBS, which is key for making informed decisions.
• WorldTradexFX is a multi-award-winning broker that provides traders across the globe access to trade Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs.
• Rather than specializing in any one field, WorldTradex provides a wide assortment of content types.
• MT5 is also equally lightweight and can run on almost any device.
• Founded in 2011, WorldTradex (formerly WorldTradexFX) is part of a group of global entities, which include WorldTradex Markets LTD (based in the island of Mwali) and WorldTradex Markets Cyprus Ltd (based in Cyprus).
• We are delighted to know that our customers are having a good experience with our user friendly platform.
• Lastly, WorldTradex also has an entity regulated in Mauritius, through Uni Fin Invest .

WorldTradex does have a proprietary mobile app for trading, as well as for social copy trading (the WorldTradex Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry. The broker has an account type customized to help beginners.

Clients using the WorldTradexTrader, MT4 or MT5 account do not have to pay swaps. A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks. Lastly, low spreads, user customized account types, 0% commissions, fast payouts and a rich educational library are the company’s strong points. The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency. However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security.

How to make a Deposit with WorldTradexFX

• Please know that we take all client concerns seriously, and our goal is to provide you with the best possible support.However, we are unable to identify your account based on this review.
• In general, I enjoyed trading there, no limitations on assets and platform, easy payments, I consider this broker service trustworhty and convenient for me.
• The demo account is fully functional and provides access to $10,000 in virtual funds, enabling users to test their trading strategies in real market conditions.
• The service is designed to be user-friendly, meeting the needs of both novice and experienced traders.
• You can get in touch with us via live chat or email at if you have any additional questions.
• Clients using the WorldTradexTrader, MT4 or MT5 account do not have to pay swaps.

Now for trading platforms – this is really important for newbies. You want a platform that’s easy to use but also has the tools you need. WorldTradexFX’s cTrader platform is great – customizable layouts, technical analysis tools, and automated trading options. FXTM’s MT4 platform is also good, but Exness’s platform felt a bit overwhelming for my taste as a beginner. From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D.

WorldTradexFX operates under two distinct entities to cater to a diverse clientele. WorldTradex Markets Cyprus Ltd, registered in Cyprus, operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) through the domain WorldTradexFX.eu. This provides European clients with enhanced safeguards and a trusted trading environment. https://worldtradex.pro/ Conversely, WorldTradexFX.com is a product of WorldTradex Markets Incorporated, based in St. Vincent and the Grenadines, offering its users the benefits of higher leverage and promotional bonuses.

Types of Accounts Available

WorldTradex is a global broker, who offers a new take on certain aspects of the retail brokerage space. Founded in 2011, its products are available through WorldTradexFX.com and WorldTradexFX.eu. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn’t imply direct instructions for investing. For those wanting to learn more about MetaTrader platforms, we recommend reading our MetaTrader 4 review.