They offer forex trading and CFDs on indices, cryptos, metals, and energies through MT4 and MT5 platforms. 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. worldtradex features negative balance protection for all trader’s account types, which means customers cannot lose more than the money they have in their trading account in case a position is not successful.
Here is a summary of payment methods for withdrawals accepted on worldtradex. Once your verification is complete, you will be able to fund your account with any deposit method and start trading. Step 1) To open a trading account on worldtradex in Malaysia, go to their website homepage at and click on the ‘Open Account’ button, highlighted in blue colour, at the top right side of the home page. While worldtradex doesn’t typically charge fees, your bank or card issuer might, so always verify that. Overall, the minimum deposit on worldtradex in Malaysia depends on the payment method you are using. Some representatives could not answer some questions and referred us to send an email enquiry instead.
Forex basics
They have low spreads, MetaTrader platform, copytrading & good support. Create and manage trading accounts, deposit and withdraw funds, and engage in swap-free trading right from your mobile device with our official worldtradex broker app. Everything you need to start trading from beginning to advance level, this website is providing you.
worldtradex Non-trading fees
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. 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.
These resources are designed to empower traders with the knowledge they need to make informed decisions and navigate the complexities of the Forex market. Additionally, worldtradexFX’s educational materials are available in multiple formats, including video tutorials and written guides, ensuring that traders can learn in the way that suits them best. Furthermore, worldtradexFX offers a wide range of trading instruments, including currency pairs, commodities, indices, and cryptocurrencies. Whether you are interested in trading major currency pairs or exploring the volatility of cryptocurrencies, worldtradexFX has something to offer.
Glossary for traders
Step 4) Review the selections you’ve made, then confirm deposit to initiate it. Whether you have a question about the worldtradexFX Malaysia login process or need help with a specific trade, worldtradexFX’s support team is always available to provide prompt and helpful responses. The number of tradable instruments on worldtradex is few, which means they may not have some instruments that you want to trade. Step 6) Step 6)Immediately, you will be taken to your account dashboard. This is where you can change your trading parameters like leverage.
The generous bonuses and promotions complement the excellent core trading services. Another factor contributing to worldtradexFX’s popularity in Malaysia is its user-friendly trading platform. The broker offers an intuitive interface that is easy to navigate, making it accessible to traders of all experience levels. Whether you are a beginner just starting or an experienced trader looking for advanced tools, worldtradexFX’s platform caters to all your needs.
Moreover, worldtradexFX’s loyalty program rewards long-term clients with various perks, including reduced spreads and exclusive access to premium features. This focus on rewarding loyal customers further enhances worldtradexFX’s reputation as a customer-centric broker. You can withdraw as little as MYR 100 or USD 5 on worldtradex, depending on the payment you are using.
- The broker also offers support in multiple languages, including Malay, ensuring that local traders can communicate effectively with the support team.
- They support deposits/withdrawals to Malaysian bank accounts, and has 24 hours live chat and email support from Mondays to Sundays.
- Step 3) A confirmation link will be sent to your email address to complete your registration.
- We compiled a summary of the trading fees and non-trading fees on worldtradex.
- Whether you are interested in trading major currency pairs or exploring the volatility of cryptocurrencies, worldtradexFX has something to offer.
- You can withdraw as little as MYR 100 or USD 5 on worldtradex, depending on the payment you are using.
Usually it takes within 1-3 hours to process the withdrawal (during business days) and another 1 hour to transfer funds. However, the actual time it takes for the funds to reach your bank account or card can depend on external factors like the speed of your bank’s processing or card issuer. You can withdraw from your worldtradex account to your local bank account or Visa card. These withdrawals are processed within 1-3 hours and may also take about an hour or more for the funds to reach your bank account, depending on your bank. Whether you are a novice trader looking to learn the ropes or an experienced trader seeking advanced tools and competitive conditions, worldtradexFX has something to offer. As the Forex market continues to grow in Malaysia, worldtradexFX remains at the forefront, helping traders achieve their financial goals with confidence.
worldtradex Deposits & Withdrawals
With a wide range of trading instruments, user-friendly platforms, and robust customer support, worldtradex provides an appealing choice for both novice and experienced traders. The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders. There are no swap fees, inactivity fees, or fees for deposits and withdrawals.
Glosari untuk trader
Withdrawals can only be made to the same account from which the deposit was made, and must be in the account holder’s name. 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 to deposit any money to clear the negative balance. The minimum deposit in worldtradex depends on your payment/deposit method. The most accessible option, bank transfer, requires only a RM 100 minimum deposit to get started. Here is a break down worldtradex’s minimum deposits, accepted payment methods in Malaysia, deposit rules, https://worldtradex.live/ and everything else you should know before you fund your trading journey.
- worldtradex is legit forex broker that is regulated in multiple jurisdictions.
- Another factor contributing to worldtradexFX’s popularity in Malaysia is its user-friendly trading platform.
- Customer support is another area where worldtradexFX excels, making it a top choice for traders in Malaysia.
- Yes, worldtradex offers their services to traders in Malaysia, although the broker is not regulated in Malaysia.
Among the various Forex brokers available, worldtradexFX Malaysia stands out as the most preferred choice for both novice and seasoned traders. 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.
Here is a comparison of worldtradex minimum deposit with that of their competitors. worldtradex doesn’t impose fees for bank transfers, but again, your bank might have charges for outgoing transactions and incoming transactions. 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. You can learn more about the bonus and the rules that apply in the promotions sections of the worldtradex website. On worldtradex’s website, you Worldtradex scam can find their execution policy under their ‘customer agreement’ section.
Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading. Yes, worldtradex offers their services to traders in Malaysia, although the broker is not regulated in Malaysia. Traders in Malaysia are registered under worldtradex Markets Incorporated and are regulated by Financial Services Authority (FSA) in St. Vincent and the Grenadines (SVG). The minimum withdrawal via cards on worldtradex is US$20, and only Visa cards are supported for card withdrawals. They are processed within 1-3 hours, and may take an additional 30 minutes to transfer the funds. Your card issuer may take a couple more hours to credit your account.