Users have the option of using the MetaTrader 4, MetaTrader 5, or WorldtradexTrader trading platforms (their fees is spreads only with all these accounts). Worldtradex is relatively less regulated than other comparable brokers and holds licenses from Tier-2 CySEC and Offshore regulator Mwali International Services Authority. Overall, Worldtradex is an okay broker for Malaysian traders since it offers its services in Melayu and also offers Islamic accounts.

Meet Space—your smart trading guide

Because Worldtradex provides market execution, there is a high likelihood that your orders might be opened or closed at a price different from your requested price. Unlike some brokers who strive to get the next best price for you in this situation, Worldtradex deems this slippage natural and will not bear any responsibility for it. This is because the price deviation (opening/closing) is due to the available liquidity. Worldtradex provides Market Execution on all trading instruments. This means your orders are transferred to interbank liquidity providers.

• Worldtradex (WorldtradexFX) is a popular CFD broker that has been operating since 2011 & accepts traders from Malaysia.
• The process normally takes 1 to 3 hours during working days.
• The MT5 account type offers the widest range of instruments to trade.
• You should go through the list of Masters to check their trading history and performance, and then choose the one you prefer.
• Worldtradex has also gone above and beyond with its education materials which include live webinars and carefully crafted courses.

Based on our research, the overall cost of trading CFDs at Worldtradex is not the highest, because other brokers like FXTM, Worldtradex charge higher or the same. Some instruments at Worldtradex have higher spreads compared to other brokers. For example, their GBP/USD spread is not the lowest, but their EUR/USD spreads are very competitive if you are trading on WorldtradexTrader.

In terms of regulation, Worldtradex is considered a moderate-risk forex & CFD broker for traders based in Malaysia. They are regulated with only two Tier-2 regulations and no Tier-1 regulation. Worldtradex offers 24/7 customer support options for traders via 2 channels. Our team tested the live chat and email support, here is our review. The account has negative balance protection which means you cannot lose more than your deposits. If you suffer a loss from an unsuccessful trade, any negative balance that accrue in your account will be reset to zero and you will not need Worldtradex official site to deposit any money to clear the negative balance.

Multi-level security protocols safeguard trading operations and client data. Our market research team provides comprehensive analysis of global financial markets. Daily market reports cover essential trading information and potential opportunities. Technical analysis team monitors key price levels and market patterns. Fundamental analysts track economic events and their market impact. Research distribution ensures clients receive timely market insights across multiple channels.

See how leading review platforms in the trading industry rate us. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. We are constantly improving our product to make your trading experience better.

Social trading programs enable knowledge sharing between traders. Trading competitions create opportunities for skill demonstration. Community feedback shapes service development directions. Everything you need to start trading from beginning to advance level, this website is providing you.

Can I make money from Worldtradex?

• Although Worldtradex is a popular forex broker, but they score low in terms of overall trust score in our research.
• We recommend you can try the broker after researching their site and chatting to with support to answer any questions you may have.
• Worldtradex does not charge any deposit or withdrawal fees which makes it highly attractive to open an account with them.
• No third-party deposits/withdrawals are accepted on WorldtradexF.
• Worldtradex is relatively less regulated than other comparable brokers and holds licenses from Tier-2 CySEC and Offshore regulator Mwali International Services Authority.

If you are trading with any foreign forex/CFD broker, you are doing so at your own risk. You account will be registered under the broker’s an offshore regulated entity (please note that this is the same for all forex brokers). Worldtradex promotions program currently offers a 50% deposit bonus to traders on a minimum deposit amount of $50. The bonus is not automatic, as clients will have to apply for the bonus after their account is credited with the deposit sum. Although Worldtradex does not offer MYR account currency you can deposit Malaysian Ringgit via local banks and it will be converted into your chosen account currency. All trading, fees, deposits/withdrawals, and profits/losses will be shown in your chosen currency.

Siapa Yang Mengawal Aktiviti Broker WorldtradexFX Malaysia?

They are although regulated under CySEC & FSCA, which are Tier-2 regulators. Worldtradex primary offers their proprietary platform WorldtradexTrader, which is available on all devices. The platform has most of the features, but the downside is that you cannot trade CFDs on stocks on their proprietary platform. So, if you are trading GBP/USD for example on WorldtradexTrader, the typical spreads are 1.2 pips normally intraday during active sessions.

Trading Platforms

Technology investments improve trading conditions and platform performance. Regular service updates respond to client needs and market changes. Local team growth supports expanding client base requirements.

Long-term clients detail their trading journey development. Worldtradex presents traders with a competitively priced, commission-free pricing environment. It is also a rare broker fully compliant with Shariah law for Islamic traders.Beginner traders will benefit from well-thought-out research and educational services. The generous bonuses and promotions complement the excellent core trading services. The minimum deposit in Worldtradex is only $20 with their Metatrader 4 Account.

Broker Paling DipercayaiAsia 2023

When you trade with Worldtradex, it is at your own risk, because they are not regulated in Malaysia. Traders can withdraw the Worldtradex bonus after they meet a trade volume requirement of half the bonus amount in lots. The minimum withdrawal amount on Worldtradex is MYR 20 for local bank accounts, $5 for withdrawals to e-wallets, and $20 for cards (Visa). https://worldtradex.space/ Spreads on this account start from 0.6 pips, you do not pay any commissions on trades, and no swap fees are charged for keeping an open position overnight. Regular trading seminars connect Malaysian traders with market experts. Local trading communities receive support for educational initiatives.

Worldtradex has also gone above and beyond with its education materials which include live webinars and carefully crafted courses. The overall fees are low for most Forex pairs & CFD instruments, and there are methods for local deposits & withdrawals in Malaysia. The broker offers automatic Islamic account with no swap fees and no commissions are charged on trades. If there is any negative balance from an unsuccessful position, the account is reset back to zero balance.

Web Trading Platform – Their web trading platform be used if you want to trade through your internet browser. This offers a quick and convenient way for you to access the trading platform. The web trading platform supports all popular web browsers. The availability of instruments depends on the type of account that is being used. The MT5 account type offers the widest range of instruments to trade. Worldtradex offers a variety of deposit and withdrawal methods for traders in Malaysia.