For users who want to trade stock CFDs, you would need to open MT5 account, because you cannot trade stock CFDs on Worldtradex MT4. Worldtradex does not charge any deposit or withdrawal fees which makes it highly attractive to open an account with them. For example, the spreads on DE40 is 2 pips, which is the lowest compared to other CFD brokers.

Step 6) Step 6)Immediately, you will be taken to your account dashboard. This is where you can change your trading parameters like leverage. Step 4) After clicking https://worldtradex.club/ the confirm button from the email, you will be taken to a page to provide some personal information, like phone number, address and city, and date of birth. Answer ‘Yes or No’ if you have traded Forex before, then click ‘Continue’. We compiled a summary of the trading fees and non-trading fees on Worldtradex. Server infrastructure ensures stable trading conditions.

Worldtradex Trading fees Table

The leverage that is offered depends on the type of account and the type of instrument that is being traded. To make money, you will need to make profitable trades on the platform. However, remember that trading involves risk and you can lose your money as well. Furthermore, Worldtradex does not allow the use of arbitrage strategies.

What is Worldtradex Minimum withdrawal?

These practices include segregation of funds, anti-money laundering policies, and negative balance protection. Worldtradex (WorldtradexFX) is a popular CFD broker that has been operating since 2011 & accepts traders from Malaysia. More than 1.5 million trading accounts have been registered with them globally.

deposit bonus

They offer forex trading and CFDs on indices, cryptos, metals, and energies through MT4 and MT5 platforms. They offer spread-only accounts and offer commission-free trading on all tradable instruments. No, Worldtradex is not legal or locally regulated in Malaysia, therefore you are trading with this broker at your own risk.

• Overall, Worldtradex is an okay broker for Malaysian traders since it offers its services in Melayu and also offers Islamic accounts.
• This offers a quick and convenient way for you to access the trading platform.
• Users have the option of using the MetaTrader 4, MetaTrader 5, or WorldtradexTrader trading platforms (their fees is spreads only with all these accounts).
• This website serves as an overview and information platform about the broker.

There are webinars for all levels of experience and there some for beginners. Note that you need to verify your account before you can initiate withdrawals. Here is a summary of payment methods accepted by Worldtradex for deposits. Once your verification is complete, you will be able to fund your account with any deposit method and start Worldtradex company reviews trading.

The first step to start copy trading is to fund your CopyTrading wallet with a minimum investment sum of $25, some Master Traders require higher minimum investments. If you have funds in your Worldtradex trading account already, you can simply do an internal transfer to your CopyTrading wallet. Worldtradex withdrawal request can be submitted via the client panel. You will see full payment option based on your region while submitting the withdrawal request. The process normally takes 1 to 3 hours during working days. The customer support offered through live chat is quick and helpful, and also available in the local language.

After choosing a Master Trader, the Copiers are all set to copy their trades and benefit from the expertise of professional traders. The copier does not need to copy the trades manually, it happens automatically. The Copier can choose to copy the Master Traders trade in equal volume or 2 times the volume of the trade or even three times.

Deposit & Withdrawal

Join an intenational broker with 12 yearsof experience and 60+ industry awards. Trade with a 100% deposit bonus and get a chanceto win an iPhone 15 Pro, a merch pack and many more.

Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading. We are a forex broker comparison & education website for traders in Malaysia. With Worldtradex, you can trade using your mobile, web browser, or desktop regardless of the trading platform.

Traders from Malaysia are registered under ‘Worldtradex Markets Incorporated’, which is registered offshore. Worldtradex also has negative balance protection, low spreads and offers commission-free and swap-free trading which will al contribute to lower fees as a beginner. However, it’s important to do your own research and practice with the demo account before trading with real money. Worldtradex is a forex broker that offers competitive spreads, flexible leverage, and copy trading.

• The minimum withdrawal amount on Worldtradex is MYR 20 for local bank accounts, $5 for withdrawals to e-wallets, and $20 for cards (Visa).
• The account has negative balance protection which means you cannot lose more than your deposits.
• Traders from Malaysia are registered under ‘Worldtradex Markets Incorporated’, which is registered offshore.
• Worldtradex primary offers their proprietary platform WorldtradexTrader, which is available on all devices.
• 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.
• This generally means the broker is responsive in handling client issues.

If the bid is 187.79, the ask price will be 188, to give you an understanding of the cost. In this section, we will be discussing the different account types as applicable to Malaysian traders since the terms and conditions may differ from jurisdiction to jurisdiction. If you are trading 1 standard lot (100,000 units), you will pay USD 10 in spread to Worldtradex under this assumption.

You can also deposit via cards, e-wallets and cryptocurrencies. Withdrawals can only be made to the same account from which the deposit was made, and must be in the account holder’s name. No third-party deposits/withdrawals are accepted on WorldtradexF. Service enhancement plans address evolving trader needs. Partnership network development strengthens market position.

Leverage on Worldtradex depends on the type of account or instrument you are trading. Worldtradex is legit forex broker that is regulated in multiple jurisdictions. It is important to note that Worldtradex is not regulated or licensed in Malaysia. If you are holding 10 shares, then the cost in this example would be around USD 21. You can increment this to the number of shares you want to trade (calculated based on your CFD contract lot size).

Compared to other CFD brokers, Worldtradex offers a limited number of currency pairs for trading. But otherwise, they have wide number of CFD instruments including & 10+ CFDs on commodities, 30 cryptocurrencies, 150+ stock CFDs and 10 indices. Also, note that there are no foreign CFD brokers that are regulated in Malaysia.

The traders trading with Worldtradex (WorldtradexFX) in Malaysia are choosing them at their own risk as they are not regulated. In short, you will have to pay the variable spreads when you trade. For example, the typical spreads on trading Apple CFD is 2.1 pips.