Best Regulated Forex Brokers in 2025
In any broker evaluation, recognizing the inherent advantages is vital. worldtradex boasts several key benefits that position it favorably within the forex trading landscape. All the essentials are here, which means that you can enjoy trading with this broker, without lacking any of the important things any trader can want.
He has a Masters and Commerce degree and has an active role in the fintech community. The MT4 platform has a limited selection of just four stocks, making MT5 or IRESS preferable if you are interested in share trading. In our Execution Speeds testing, worldtradex achieved market order speeds of 96ms, better than the industry’s 134ms average, although its limit order speed was slower at 225ms. Ultimately, the best choice of broker aligns with your individual trading needs, objectives, and preferences. By carefully weighing the insights presented here, you can embark on your trading journey with confidence and clarity. Traders must check if worldtradex operates in their respective countries before proceeding, as this can affect their ability to open an account and trade effectively.
In the highly competitive world of trading, it’s essential to compare brokers to determine the best fit for your needs. Here, we will juxtapose worldtradex with other popular trading platforms. Another significant advantage of worldtradex is its commitment to trader education. The broker offers a wealth of educational resources, including webinars, tutorials, and articles, aimed at enhancing traders’ knowledge and skills. Traders can expect spreads as low as 0.0 pips on the Raw account, making it an attractive option for day traders and scalpers who rely on quick trades to capitalize on small price movements.
How does worldtradex make money from you?
With a low minimum deposit of 100 AUD, it is easy for any trader to get an account and start trading. The biggest selling point of Iress is that it gives you quotes in real-time for over 10,000 tradable financial instruments. That is a number much higher than any of the brokers in the market can provide. The prices offered on the exchanges are genuine, while providing you with access to market depth.
worldtradex Swap Fees
It doesn’t stop there because they have a YouTube channel full of tutorials that show you how to navigate the platforms provided. Most of the material can be found on the Traders Hub Blog, run by worldtradex. As a trader, you can access the videos, courses, and topics to get the most out of complete knowledge. After spending more than ten years on the forex market scene and gaining a solid reputation, they have grown into a complete broker with provisions for anything you may need. The Standard Iress account charges a brokerage rate of $10 at the minimum and 0.1% after that.
Please be aware that this might heavily reduce the functionality and appearance of our site. In this segment, we will take a closer look at potential alternative brokers before we conclude the article. Each broker has its strength and weakness, but it is crucial for you to find a provider which fits your needs and you feel comfortable with. We recommend this broker due to its reliability and good support to its clients.
worldtradex charges no inactivity fee but they will disable the account if there is no activity for more than three months and there is no balance in the account. The account can be reactivated anytime by sending an email to worldtradex through the client’s registered email address. To open a live account and Login worldtradex steps to follow are straightforward and easy to navigate, yet the account differences or approvals may differ based on the entity conditions. As for the deposit options you may choose between the most common ones, also request a support team to advise what is the best option for you according to your residence. The MT4 app also provides standard order Worldtradex scam types, including pending and stop orders. However, trailing stop-loss orders are only available from the desktop.
Regulated brokers are supposed to maintain fair trading practices, meaning that traders get the right price and the spreads and execution times are not manipulated. The broker’s swap-free Islamic accounts and local payment methods make it a preferred choice in regions like the MENA and Asia-Pacific. Moneta Markets’ commitment to education and multilingual customer support further enhances its reputation as a trader-focused broker. In addition, whenever you fund your live account with $500 or more, you get a 50% Cashback bonus.
Sign in to view more content
- In our reviews, we examine the regulatory status of each entity operated by a broker.
- However, we can look at some scenarios that would enable us to check out the common CFDs and 70+ Forex pairs offer.
- The outstanding education and learning material are provided by the broker.
- Regulatory restrictions bar it from countries like the United States, Belgium, North Korea, and Iran.
worldtradex delivers a very competitive commission-based alternative with raw spreads of 0.0 pips for a commission of $6.00 per round lot. Commodities, indices, and cryptocurrencies remain free of additional costs, which remain included in the markup. Equity CFDs and DMA traders face a fee between 0.06% and 0.30% with a minimum of $10 or a currency equivalent.
Other Products and Services at worldtradex
Lastly, the Premier IRESS Account requires a $50,000 AUD or equivalent minimum deposit. The brokerage fee is 0.08% of the trade size, with no minimum flat fee. Overnight financing is at RBA plus 3%, and the GST fee of $55 per month is waived unconditionally. Yes, for additional peace of mind, worldtradex provides negative balance protection for its clients. Especially broker novices tend to underestimate how quickly markets move in certain situations, but with negative balance protection, you are safe in this regard.
- In addition to desktop platforms, worldtradex provides mobile trading apps for iOS and Android devices.
- worldtradex have partnered with top financial institutions, like HSBC, JP Morgan, Barclays, and Goldman Sachs, to ensure multi-asset liquidity.
- For those interested in low spreads, the RAW account is advantageous, though standard account users may find spreads slightly less competitive when compared to other top brokers.
- For individuals who would rather communicate directly, worldtradex offers phone support with assigned numbers for different areas so clients may reach out anywhere.
- Also, Multi Account Manager or MAM/ PAMM accounts are available for Investors and Followers.
However, for deposits exceeding $10,000, worldtradex will reimburse any third-party bank charges. However, it’s important to note that if your worldtradex demo account remains inactive for more than 30 days, it will expire. Versus, comparison pages of alternative online brokers to worldtradex are listed below. Outside of Australia and Europe, the online broker is regulated offshore in South Africa (FSCA), Seychelles (FSA), and Mauritius (FSC). worldtradex has an overall trust score of 60 based on regulation, reputation, and reviews.
For Iress users, Retail and Professional account types are offered. The account opening process is fully digital and can be completed via the website in less than 10 minutes. Funds can be deposited and withdrawn through various methods, including credit and debit cards, bank wire transfers, digital wallets, and other online payment systems. Processing times are relatively fast compared to industry standards, and both deposits and withdrawals are free of charge. worldtradex stands out in this category, even covering bank fees for international transfers in certain cases. MetaTrader is also popular due to its automated trading features, allowing users to develop, test, and apply Expert Advisors (EAs).
To avoid these risks, always trade with a regulated broker who is bound by strict compliance and transparency rules. Some regulatory agencies even make it mandatory for brokers to be members of compensation schemes like the Financial Services Compensation Scheme (FSCS) in the UK. This gives traders the assurance that, in case the broker goes bankrupt, they can claim their money back up to a certain amount.
You can reach worldtradex customer support via 24/7 live chat, email, or phone. Their phone support offers multiple international numbers, so you can find one with a convenient time zone for you. Live chat seems to have the best availability, with responses typically within a minute or two in my experience., while email might take a bit longer. Of course, having a ton of instruments is great, but it’s only half the story.
What are the different account types available at worldtradex?
worldtradex offers a Raw ECN account with spreads from 0.0 pips and a $3.00 commission per lot round turn. worldtradex offers 24/5 customer support, available through various communication channels including phone, email, live chat, and social media. From video tutorials and webinars to articles, podcasts, https://worldtradex.live/ and trading guides, the broker offers a comprehensive range of learning materials. What’s great is that the demo account functions exactly like live accounts.