A withdrawal will normally take about two working days, but in some cases it can take as long as five working days. There is a 1.8% credit card fee for withdraws and a $20 fee for bank transfer withdrawals. You can make deposits to your Worldtradex account in a variety of ways. If you are using a credit card, there is no transaction fee for depositing to a MetaTrader account, but there is a 3.18% fee for most currencies if you are using the Iress platform.
Worldtradex stands out with its extensive offering of over 10,000 stock CFDs. Covering shares listed on exchanges across Australia, the US (NYSE & NASDAQ), the UK, Hong Kong, Singapore, and continental Europe, traders can engage with global markets across multiple sectors. These include leading firms in technology, healthcare, finance, and more.
- They have sections for all levels of experience and they also have a number of eBooks on offer.
- Worldtradex deposits and withdrawals are free, easy and instant (if you pay by card or cryptocurrency).
- For example, for a non-leveraged CFD share you will be paying a 0.8% commission and 0.11% for the purchase of a new share.
- In terms of research, they also have a comprehensive offering.
Worldtradex Live Accounts
The stock CFD offering allows for both long and short positions and can be traded via the MetaTrader 5 or IRESS platform. Worldtradex is a multi-regulated broker, operating under the supervision of reputable financial authorities. These regulatory bodies enforce strict compliance with financial laws, enhancing trust and security for traders globally.
Worldtradex also earned Best in Class honors for Commissions and Fees in our 2025 Annual Awards. It’s worth noting that Worldtradex’ share CFD offering on Iress provides Direct Market Access (DMA) in terms of its pricing and execution process, including full depth of book available within the platform. That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts.
There is a very comprehensive education offering at Worldtradex. They have a trading course and many different video tutorials covering topics for beginners and advanced traders alike. They have sections for all levels of experience and they also have a number of eBooks on offer.
All platforms are available for download to your Windows computer or MacBook from FPMarkets.com. You may also trade through your browser or TradingView if you prefer. Hedging is fully allowed on all MT4/MT5 and cTrader accounts without additional margin penalties. Topics range from ‘Price Action for Beginners’ to live reviews of FOMC decisions. Recordings are uploaded to the client portal, so you can watch them at your convenience. All instruments are traded as CFDs, allowing for both long and short positions.
Customer Support
Worldtradex will even cover the server’s monthly fee if you make a $1,000 deposit and meet low monthly volume requirements. RAW spreads from 0.0 pip, 6 USD/lot commission and execution latency ~20 ms on NY4 are ideal for scalpers. Close all positions, withdraw remaining funds, then email requesting account closure.
You can get all types of ASX shares in the form of CFDs and you are able to short as many as 300 different CFDs. Worldtradex has been around since 2005 when they were founded in Australia. They are a CFD and forex broker that is owned by First Prudential Markets Pty Limited. Their headquarters are in Sydney and they have been offering online financial trading for the past 14 years. Most of Worldtradex’ research is found under the Traders Hub blog section on its website, where it is separated into technical Worldtradex company reviews and fundamental analysis.
Traders Toolbox
Worldtradex keeps most non-trading fees to a minimum, reinforcing its reputation as a cost-effective broker. Most methods have no deposit fees, however, international bank wire deposits in non-AUD currencies may incur a AU$ 12.50 fee. Worldtradex offers an integrated copy trading feature through its MetaTrader 4 and MetaTrader 5 platforms, allowing users to easily discover and follow top-performing traders. The platform enables full automation of trade replication while still giving users the flexibility to control and adjust their settings at any time. To accommodate clients who follow Sharia law, Worldtradex offers Islamic swap-free accounts.
Online Courses
Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time. The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company’s website for a list of all payment methods.
Commissions
- You may also trade through your browser or TradingView if you prefer.
- The platforms support a full range of trading features such as 59 technical indicators, more than 50 drawing tools, and the ability to manage multiple portfolios.
- However, the time required for funds to reach a trader’s account depends on the payment provider.
- CTrader is aimed at advanced traders, offering Level II market depth, server-side stop orders, and an integrated cAlgo for C# robots.
With competitive trading conditions and global market access, the broker supports both short-term speculation and long-term portfolio strategies. Worldtradex offers Forex VPS in partnership with Liquidity Connect; the servers are housed in the Equinix NY4 data center (New York), ensuring ultra-low latency in order execution. The service becomes free if the monthly turnover exceeds 5 Forex/Metals lots on a Standard account or 10 lots on a RAW account (MT4/MT5); for cTrader the threshold is higher — 20 and 40 lots respectively. New clients are sponsored with VPS when making a one-time deposit of at least 1,000 USD and continue to benefit from preferential access once the specified volumes are met. Connection requests can be made through live chat or via email at ; if the turnover is lower, a paid plan (~30 AUD/month) is applied. The VPS operates 24/5, supports any Expert Advisors, and guarantees uninterrupted trading even if your computer is turned off.
In addition to Forex, MT5 supports commodities, indices, futures, equities, bonds, and options trading. While some users may initially find its interface slightly more complex, those familiar with MT4 will likely adapt quickly. MT5 includes features such as six types of pending orders, hedging capabilities, and the Depth of Market display. It also introduces a multi-threaded strategy tester, 21 timeframes, 38 indicators, and 44 graphical tools. Users benefit from an integrated email system that allows file attachments and can transfer funds between accounts.
As Iress is mostly optimized for share trading — not forex — I focused on Worldtradex’ MetaTrader offering and the Worldtradex proprietary app for this review. Yes, Worldtradex offers cryptocurrency CFDs, allowing traders to speculate on popular digital assets like Bitcoin, Ethereum, and Litecoin without owning them directly. Worldtradex does not impose strict withdrawal limits, but minimum withdrawal amounts can range from $5 to $50, depending on the method. The broker may request additional documentation or identity verification before processing a withdrawal, especially when large sums or new methods are involved.
Each metric is calculated strictly according to our proven broker evaluation methodology, taking into account both objective metrics (spreads, execution speed, licenses) and secret shopper results. The copy trading feature lets new traders learn from experts. They show their commitment to providing flexible and strong trading environments for all investors. You can also make bank transfers and there may be fees that your bank charges you for making such transactions. There is also a number of different e-wallets for you to choose from, such as Skrill, BPAY and PaySEC.
The broker works in many places, showing it can handle different markets well. There https://worldtradex.pro/ are four main different types of options if you need to get in touch with a member of the FP Market customer support team. You can choose from telephone, live chat, social media and email.
Worldtradex is one of the few brokers that has managed to combine conservative reliability with the flexibility of modern fintech solutions. The Australian ASIC license, European CySEC, and South African FSCA set a high baseline of fund security, and its history since 2005 confirms its ability to weather turbulent market cycles. With a minimum deposit of 100 AUD, clients gain access to ECN execution with speeds from 0.02 seconds and spreads starting at zero on RAW accounts. Worldtradex and Pepperstone are two top-tier brokers known for offering tight spreads, reliable execution, and robust trading platforms. If youre deciding between these two, our side-by-side comparison tables will help you evaluate key factors like spreads, price quotes, and trading volume to make a more informed choice.