Bonuses are one of the tricks from their sleeves. The minimum requirement for any of these accounts is 200$. The main difference between them is some minor benefits like tighter spreads. Another difference comes from the CENT account, which is defined in cryptos, not in fiat currency.
Assessing the safety of worldtradex requires careful consideration. We conducted a domain registration check and found that worldtradex acquired its domain only after 2018, despite the domain itself being relatively old. Unfortunately, the registration date of the company is not specified in the public registry, making it difficult to determine its establishment year. Aside from the trading conditions, it is essential to delve into some crucial aspects to determine whether choosing worldtradex for collaboration is worthwhile.
- This firm may be providing financial services or products without our authorisation.
- The only point of that is losing money as quickly as possible.
- Click here to see how to check if a broker is safe and what to do if you encounter a scam broker.
- In a world filled with scams and dubious practices, it’s crucial to do your own research.
I have been in financial markets for a while and I would not call myself a noob. However, it was the first time when i was using crypto currencies for making a deposit. Gotta say, it wasn’t easy since everything was unfamiliar for me, those blockchain nets, crypto addresses but after all I made a deposit without problems. Money came after 5 minutes or even faster. While you see all the important information in your dashboard when you open an account, some important info is missing from its website when you don’t have an account yet.
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Hi Guillaume L.,We love to hear what our customers have to say, and your feedback has been very insightful! It was a comfortable trading experience, though I can’t say that I have faced many brokers before. Can’t say much about other stuff, just a good place to trade. The first time I saw the site I actually fell in love with the user interface and design, it’s very easy to use and navigate.
- Even though this broker is FSA-regulated, their T&Cs are questionable.
- The support here with its resources and tools are very commendable.
- Recovering funds may be difficult but not impossible.
- Users can view their balances, make deposits and withdrawals, access trading tools and resources, and monitor their trading activity.
What markets are the most profitable for trading with this broker from the point of expenses, i.e. Fees?
To sum up, I think worldtradex (Tradeco Limited) is not a safe enough forex broker. In our opinion, the answer is yes because we have already done it in favor of some of our customers. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. They’ve been solid always with my gold tradign here, like the spreads aare awlays at market norm – and this is waht I need .To overboard wide spreads on this metal even when volatile. As my review history shows I have always refused to settle for less than the full amount owed. How’s the Seychelles FCA investigation going.
worldtradex scam?
The problem with offshore brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice. The scammers will just give you fake charts, and you will really think that you are in the black. But as soon as you want to withdraw money, you cannot do this. After all, cunning crooks will simply transfer all your money to their offshore accounts.
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This diverse selection allows for flexibility and convenience when funding the trading account. It’s worth noting that the broker claims not to charge any deposit fees, which can be appealing to traders. Another surprisingly good thing about this broker is that it offers the MT4 platform. Very high efficiency, fast executions and vast trading tools. Once you get used to this one, you don’t look for a change.
For some experienced traders that are looking for copy trading, social trading and EAs this is not a good choice. At least, the mobile version is available. Even if the broker is regulated it still doesn’t mean it’s genuine.
Our goal is to make every aspect of your trading experience as seamless as possible, and we’re glad to have exceeded your expectations. Remember that worldtradex operates as a dealing desk. This is confirmed by the narrow spreads and lack of commissions.
Our customer support team is committed to providing our clients with the assistance they need, and we appreciate your feedback. If there’s anything specific you’d like to see from our support team, please don’t hesitate to reach out. Hello Fouad G.,Thank you for your positive feedback! Our educational materials are an important aspect of our commitment to providing our clients with the resources they need to succeed. We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our materials helpful.
US clients are not permitted to trade with this broker. If you take a look on Trustpilot, out of 109 reviews almost 15% are rated 1-star. All of them are screaming scam, unfortunately. If you don’t trust us, check it out yourself. Think twice before investing any of your funds here.
The only point of that is losing money as quickly as possible. Then the broker has reason to call you and pitch you for more money. Since all reviews could be made up, especially positive ones we are questioning all of this. So, wherever you are coming from think twice and double-check everything before investing. Tier 1 regulators are the ones we always recommend. Most trading companies that are even sponsors of some fantastic sports teams are regulated by those.
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Gain trust and grow your business with customer reviews. I got to know worldtradex from its trading academy and from constant learning I decided to give it a try, which I don’t regret! The broker has been very reliable and makes it very easy to feel safe trading here. Even though this broker is FSA-regulated, their T&Cs Worldtradex courses scam are questionable.
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Also, the timeframes for how long the data and document verification will take are not specified. I accept the website agreement on the processing of personal data. Robert is an experienced financial analyst based in California.