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. Finally, investing and trading involves risks and you are advised to perform due diligence before investing and stay away from unregulated and high-risk trading platforms to avoid potential scams. Hi D “Dadi” M,We are delighted that our withdrawal process and customer care team have won you over! This broker follows some outdated rules of trading.
Regulated markets
It is very simple to use and it’s suitable for beginners. To classify regulators, you have multiple tiers. The Financial Securities Authority (FSA) of Seychelles belongs to the Tier 3 group and that’s the official regulator of this broker. Since they are providing services outside of Seychelles, they should comply as well with the regulations of those countries where they operate. Let’s take a look at this detailed worldtradex review to see more.
Hello Cathy Oliver,Thanks for your review! We’re glad you enjoyed our platform, and we hope you’ll return for all of your trading needs.😊worldtradex ⚡️Empowering traders. Furthermore, the broker offers Live TV, which is a feature that provides real-time market updates, news, and analysis.
This unregulated platform operates without the necessary regulation, raising doubts about the safety of your funds. While regulation alone does not determine a scam, it is an essential factor to consider. Click here to see how to check if a broker is safe and what to do if you encounter a scam broker.
Hi June W.,Thank you for your positive feedback! Hi Gustavo V.,Thank you for your positive feedback! The interface of the personal cabinet is similar to the official website. Here, worldtradex can be given a good rating for their efforts. Dear Stefan reinhardt,Thank you for your review.
Why use the Good Money Guide?
Hi Mohamed N.,Thanks for taking the time to share with us your feedback! It was a comfortable trading experience, though I can’t say that I have faced many brokers before. Fees are relatively okay, I mean for my strategy that is all about holding different indices in certain trends, using the well-known concept “buy cheap, sell expensive”, not a bad at all, overnight commission was okay. Can’t say much about other stuff, just a good place to trade. Hi Yahir N.,We really appreciate you sharing your worldtradex experience with us! Who in their right mind would trade with such an openly fraudulent company?
- I didn’t expect mentors to be so professional.
- The broker needs traders to lose money.
- I recommend you to consider it carefully.
- You know, the one I can easily rely on whether it concerns safety of my funds or manipulations with money like deposits, withdrawals and so on.
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- If you check the official SFSA registry, such a company exists there.
- A real intermediary earns through commissions, but here it’s different.
- However, before you take the leap, let’s dig deeper and unravel the mysteries behind this platform.
- It is very simple to use and it’s suitable for beginners.
I learned many new things about the internal specifications of the trading industry. I accept the website agreement on the processing of personal data. Overall, if the official website had a unique design with a more polished and professional look, rather than using the same basic tricks as most scam firms, it could have been rated positively. However, as it stands, it is barely distinguishable from thousands of similar websites. Let’s start by analyzing the broker’s website, and to be honest, there are some things worth noting. The site, to put it mildly, does not look great.
The broker offers both the MT4 (MetaTrader 4) and worldtradex trading platforms. MT4 is a widely recognized and widely used platform in the industry. It has gained popularity among traders due to its robust features, user-friendly interface, and extensive range of technical analysis tools. Traders can access a variety of indicators, expert advisors, and customizable charts, making it suitable for both beginner and experienced traders. Hello Owen B.,Thank you for your positive feedback!
worldtradex — Deposit and Withdrawal of Funds
No explanations, no apologies—just frustration. If you’re considering investing with Mark, hear my cautionary tale. Don’t let your money vanish into thin air. Take control of your investments wisely. Trading strictly between support and resistance levels using VWAP. It just shows where the trades are optimal to make.Name of indicator kind of sounds like WAP (if you’ve seen the youtube videos with Cardie B, you know, lol).
A friend who has been in the game for a while suggested worldtradex to me. He mentioned that the conditions here are great for beginners and that I could get free educational materials from the broker.Right now, I’m practicing on a demo account and watching YouTube tutorials. So far, I’m happy with how things are going and I think I’m improving.
Next to it, there is the platform’s website. The exact operating period is not stated on the official website, but worldtradex boasts awards received in 2022, 2023, and 2024. Therefore, it can be assumed that the platform was launched in 2022. The domain worldtradex.com was registered in 2000, but snapshots from WebArchive show it was only acquired in 2022. All this data confirms that the broker started operating in 2022.
There is a lot of education provided, and also copy trading services as well. But when you take a closer look, you get to appreciate some of the more technical offerings for the more experienced traders including trading central. Dear Kay Adedoja,Thank you for sharing scammed by Worldtradex your feedback with us. We are truly sorry to hear about the challenges you’ve faced and understand how inconvenient this must have been.
This is confirmed by the narrow spreads and lack of commissions. A real intermediary earns through commissions, but here it’s different. The broker needs traders to lose money. So, there’s no point in working with such a company; it will work against you.
In general, worldtradex asks for all the details about you. By the way, there is no detailed document explaining the AML & KYC policy for some reason. Also, the timeframes for how long the data and document verification will take are not specified. 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. Even if the broker is regulated it still doesn’t mean it’s genuine.
Click here to recognize common investment trading scams to avoid being scammed. Based on the broker information on the FxGecko app, I believe there are at least 5 significant high-risk signals for worldtradex (Tradeco Limited) as follows. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Still getting several calls a day when I’ve told them I’m not interested !!
You can’t withdraw profits until you make a rollover at least 20 times bigger than your deposit plus bonus. If there was a fan club for the worldtradex broker, I’d definitely be a member or maybe even a moderator, because I really enjoy using this broker and know all the little details about it. It’s definitely one of the most reliable companies out there, at least in its category, and they really look after their customers with great trading conditions. The verification process typically involves submitting certain documents to confirm the trader’s identity and address.
Actually, this was the first place where I started trading futures contracts on indices and soft commodities. It` sa really profitable venture, it turns out. worldtradex had a familiar MT4 platform and reasonable fees for this type of asset. Though, I wanted more choices of accounts, especially expected from them some zero spreads accounts. Hi Guillaume L.,We love to hear what our customers have to say, and your feedback has been very insightful!
