This ensures that worldtradex’s investments are available on both desktop and mobile platforms, making it convenient for traders to access the markets wherever they are. We won’t go into detail about each bonus, but we strongly recommend carefully reviewing the conditions for claiming them. It is good that the broker provides separate documents with up-to-date terms for each of its promotions.
worldtradex is also active on social media, but among all, Instagram is the only popular platform with more than 5,000 followers. On YouTube, the company’s performance is poor, with less than 10 views per video. So, if you want attention from the company’s representatives, Instagram is your only option. It’s good that there’s at least a demo account and a cent account, but this still doesn’t eliminate the feeling that the trading conditions at worldtradex are far from transparent and clear. Yes, you can try it on a demo account, but real trading requires more clarity. In general, the conditions are a mix of mediocre and veiled.
- So today, we will check whether this platform is truly safe or if something is wrong with it.
- Compared to other brokers reviewed, worldtradex holds a strong position, particularly due to its commitment to regulatory compliance, transparency, and security.
- The reasonableness of commission fees largely depends on the trading style and preferences of individual traders.
- Always choose regulated brokers, stay alert to high-pressure sales, and remember you can walk away at any time.
Trading Blog:
Therefore, we do not recommend you to invest money with worldtradex. Copyright © 2025 FraudTracers – Content on this site is shared for general understanding and does not constitute financial, legal, or investment advice. Certain links could result in us receiving a commission or other compensation. Scammers design web or mobile apps that look like real trading dashboards.
Deposit & Withdrawal Fees
Finding contact details for worldtradex is not that easy. The “contact” section does not include them, except for a feedback form. We managed to find an email address in the user agreement, but the phone number is probably missing altogether. Email verification didn’t yield anything; it is indeed an existing address. Let’s start by analyzing the broker’s website, and to be honest, there are some things worth noting. It seems like worldtradex picked the loudest colors possible and decided to mix them all together.
What trading instruments does worldtradex offer?
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 are plenty of images, but they all look the same and seem generic. Smiling faces, phones supposedly displaying trading success, and typical stock graphics with harsh colors — all of this does not inspire trust. It feels like worldtradex simply grabbed whatever looked “nice” and placed it on the site.
- However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location.
- What stands out the most is the lack of specific information about the broker itself.
- If you have already sent money to worldtradex, act quickly.
- For instance, the worldtradex website supports 12 languages in addition to English, covering both European and Asian markets.
- This organization lacks the authority to control a company’s actions as strictly as larger regulators.
- Here, we’ll delve into worldtradex’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms.
Regulation and Safety
An SFSA license doesn’t provide the same level of protection for traders’ rights. This organization lacks the authority to control a company’s actions as strictly as larger regulators. If issues arise with withdrawals or dishonest practices, you will have very few means to protect yourself. worldtradex falls into the category of UNREGULATED platform.
L’autorità ha oscurato altri 15 broker truffa a novembre.
What stands out the most is the lack of specific information about the broker itself. For instance, the worldtradex website supports 12 languages in addition to English, covering both European and Asian markets. The company has also provided the necessary documents and a risk warning. worldtradex’s deposit and withdrawal options align with the offerings of many other brokers in the industry. Credit/debit cards, e-wallets, and bank transfers are common choices among brokers. Rebate programs, where traders can earn rebates based on trading volume, can be attractive for high-volume traders.
You should also contact your bank as soon as possible and let them know about your issue.
However, such an excessive number of bonuses suggests that worldtradex is more interested in reducing traders’ chances of successful trading and withdrawing profits. worldtradex, the broker of choice for traders seeking safety, variety, and expert guidance. Explore a world of forex, CFDs, and cryptocurrencies with confidence. A license from the SFSA in Seychelles is not quite the same as a license from respected bodies like the FCA (UK).
worldtradex is a well-established online trading platform that offers a compelling range of features and benefits to traders. With its robust regulation by the Seychelles Financial Services Authority, diverse account options, flexible spreads, and an array of educational resources, it stands out as a competitive choice in the trading industry. In conclusion, worldtradex ranks favorably among its peers, offering traders a reliable and safe environment to access a wide range of financial markets with confidence. Its combination of regulatory oversight, educational resources, and flexible trading conditions make it a compelling choice for those seeking to engage in online trading. With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, worldtradex caters to the needs of both beginners and seasoned professionals. Compared to other brokers reviewed, worldtradex holds a strong position, particularly due to its commitment to regulatory compliance, transparency, and security.
When choosing a platform, caution is warranted if the company lacks regulation by any overseeing agency. This should serve as a warning that your funds may not be secure, and there’s no protective regulatory framework. Unregulated entities can potentially abscond with your money without being held accountable.
On its site (worldtradex.com) the firm lists an address at F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, phone N/A, and email , all said to be managed by Tradeco Limited. This article checks whether worldtradex is genuine or fraudulent, looks at its regulatory status, common scam tricks, Worldtradex reviews and explains the steps you can take if you have been caught out. worldtradex offers online financial services yet holds no licence from any well-known regulator such as the Financial Conduct Authority (FCA). We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors.
They\’ve been out of contact for two weeks, and my $1,200 is still stuck in my balance. worldtradex.com is a fake platform, and they are ignoring me! Don’t rush to celebrate and think that worldtradex is a legal and safe broker. Seychelles is an offshore zone where companies https://worldtradex.world/ can be easily registered with minimal requirements. Offshore brokers often use such countries to avoid the strict regulations that exist in countries with more rigid financial controls.
Additionally, the worldtradex group includes Damadah Holding Limited, which is based in Cyprus. You shouldn’t trust such firms because they operate without serious regulation. The platform could work against you, and believe me, it will. The footer mentions the legal entity — Tradeco Limited. If you check the official SFSA registry, such a company exists there. The exact operating period is not stated on the official website, but worldtradex boasts awards received in 2022, 2023, and 2024.
This is irritating and does not look professional. Everything on the site is either neon green or dark blue, as if some teenager tried to create a “cool” website without realizing that bright colors do not always mean stylish design. Visually, the site is overloaded, making it hard on the eyes. And that is definitely not what you want to see when choosing a broker to work with.