The account of traders from Malaysia at Worldtradex are opened under offshore regulation. What is the minimum deposit for Malaysian traders at WorldtradexFX? The minimum deposit at Worldtradex Malaysia is $20 with all accounts. The base currency of all types of accounts can be either EUR or USD for all types of accounts for Malaysian traders.

Traders can get an idea of how much is the cost of trading at Worldtradex Malaysia by using a few benchmark examples. Note that with Worldtradex you are trading CFDs, which means when you are buying gold, you don’t own it. We recommend you can try the broker after researching their site and chatting to with support to answer any questions you may have. You can learn more about the bonus and the rules that apply in the promotions sections of the Worldtradex website. Read this review to know more about the trading conditions at Worldtradex. Their entity is registered in the Island of Moheli, Comoros Union as Worldtradex Markets Ltd.

This is not the lowest spread for majors as there are brokers with lower spreads, but for traders who prefer straightforward model of spreads for trade, this fees structure works okay. Worldtradex (WorldtradexFX) only charges variable spreads for currency trading. There is no commission or any other charge except for their spreads. For example, if you are trading EUR/USD, the spread typically is around 1 pip under MT4 account. It is also worth mentioning that Worldtradex also maintains other security procedures to enhance the safety of traders.

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Worldtradex introduced various local payment methods and local bank transfer for deposits. You can make deposit using any of your preferred method. Overall, FXTM offers a standard trading experience thanks to its use of the MT4, MT5, and cTader trading platforms. They do not have a proprietary trading platform of their own, which can be an advantage if you are used to using these third-party platforms. Worldtradex is not regulated in Malaysia & they are not licensed by the SCM.

Arbitrage strategies carry along with them latency abuse, price manipulation, and time manipulation. If you are found using these strategies, Worldtradex might cancel your orders, cancel your profits, close all your trading accounts, and refuse to allow you to open a new one. Also, addition, orders less than 180 seconds can be considered abuse and canceled too. CopyTrading on Worldtradex is a feature that is designed for traders that do not want to trade on their own and would rather copy the trades of other traders, known as Master Traders. Worldtradex accepts deposits from Malaysian banks and allows withdrawals to all Malaysian banks.

Yes, you can trade CFDs on major US, European & UK stocks on Worldtradex MT5 platform. Note that you cannot trade stock CFDs on MT4 or WorldtradexTrader. There are 150 stocks instruments available as CFDs on Worldtradex MT5. We like the fact that they have operators offering support in the local language too.

Success cases demonstrate effective use of trading tools and resources. Client testimonials highlight platform reliability and support quality. Trading competition winners share their experience and strategies.

• Worldtradex introduced various local payment methods and local bank transfer for deposits.
• The copier does not need to copy the trades manually, it happens automatically.
• They do not charge a commission when trading through this type of account.
• Fundamental analysts track economic events and their market impact.
• For example, if you are trading EUR/USD, the spread typically is around 1 pip under MT4 account.

The contents of this website should not be considered as financial advice. Learn from the experience of Muhamad, a successful Indonesian trader. Learn how he started trading with Worldtradex and Worldtradex official site check out his tips for beginner traders. Choose from 300+ trading instruments, including shares, commodities, and indices. Although Worldtradex is a popular forex broker, but they score low in terms of overall trust score in our research.

How much is Worldtradex minimum deposit?

Other brokers charge more than 20 pips on trading DE30 & DE40. Overall, Worldtradex does not charge any hidden fees that we noticed. Plus they have an option to open an Islamic account for Swap Free trading. Their spreads on gold on average are 2.8 pips, which is moderate.

What is Worldtradex’s fees for forex trading?

• We are a forex broker comparison & education website for traders in Malaysia.
• If you are trading 1 standard lot (100,000 units), you will pay USD 10 in spread to Worldtradex under this assumption.
• The Malaysian office serves as a regional hub for Southeast Asian traders.
• Strategic partnerships enhance local market penetration and service quality.
• When you trade with Worldtradex, it is at your own risk, because they are not regulated in Malaysia.

Worldtradex MT4 – The trading platform that is available for this type of account is MetaTrader 4. The floating spread for this type of account starts at 0.6 pips. They do not charge a commission when trading through this type of account. Worldtradex offers 3 different types of accounts and each of them is suitable for different kinds of traders. Malaysian traders achieve significant results using WorldtradexFX services.

They support deposits/withdrawals to Malaysian bank accounts, and has 24 hours live chat and email support from Mondays to Sundays. Advanced risk management systems protect client positions and funds. Real-time monitoring tracks market exposure and margin levels. Automated warning systems alert clients about potential margin calls.

Worldtradex Non-trading fees

Find a summary of the deposits/withdrawals options on Worldtradex. This website serves as an overview and information platform about the broker. All articles and content on this site are written by industry experts and are intended to provide information and opinions. Please note that this site is not affiliated with the official website of any broker that is reviewed or mentioned.

Demo accounts are available for new traders on Worldtradex to help them understand the trading platform before they open a live account and put in their money. Trading instruments include major global markets and local assets. Commodity trading includes oil, gold, and agricultural products. Stock CFDs provide access to international equity markets. WorldtradexFX Malaysia provides forex and CFD trading services since 2011. Operating in Malaysia, the company maintains https://worldtradex.pro/ high standards of trading execution and client support.

However, being licensed to operate by fewer financial authorities does not automatically mean that Worldtradex is not a safe broker. They have been operating since 2011, so have a track record. You can withdraw as little as MYR 100 or USD 5 on Worldtradex, depending on the payment you are using. You can withdraw to your Malaysian bank account, card or e-wallet. The number of tradable instruments on Worldtradex is few, which means they may not have some instruments that you want to trade.

Mobile Platform – You can enjoy a user-friendly trading experience straight from your mobile phone. If you’re on the go or have a long commute then using a mobile platform can be the best choice for you. But to withdraw the bonus funds, you need to trade half the number of standard lots equal to the bonus that you receive. Based on the overall reviews, we have found fewer complaints regarding issues with Worldtradex from traders. This generally means the broker is responsive in handling client issues.