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. Read our guides on how you can get started with forex trading.

Glossary for traders

• The most accessible option, bank transfer, requires only a RM 100 minimum deposit to get started.
• Choose from 300+ trading instruments, including shares, commodities, and indices.
• Overall, we believe it is moderate to high risk to trade forex & CFDs with worldtradex if you are a trader based in Malaysia.
• Multi-level security protocols safeguard trading operations and client data.
• Technology investments improve trading conditions and platform performance.
• Yes, you can trade CFDs on major US, European & UK stocks on worldtradex MT5 platform.
• This level of customer service is crucial in building trust and confidence among traders, making worldtradexFX a preferred choice in the Malaysian Forex market.

Read this review to know more about the trading conditions at worldtradex. Of course, always double-check with your bank or e-wallet provider, as they might have their own independent fees. 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. Continuous platform development enhances trading capabilities. Integration of advanced analytical tools improves trading decisions.

Trading fees

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. Additionally, worldtradexFX adheres to rigorous security protocols, which include segregated accounts and negative balance protection, ensuring compliance with international standards. To enhance safety, the broker requires identical payment details for both deposits and withdrawals.

Invest with the Best Global Broker Asia 2022

• Some chat agents declined to answer some questions, claiming they could only give such information to registered worldtradex traders.
• Also, worldtradex is less well-regulated than comparable brokers and is only regulated by a single Tier – 1 regulator.
• Not long ago, worldtradexFX partnered with Malaysian educational organisation Ideas Academy to digitalise multiple learning centres for refugees and underprivileged students.
• Automated warning systems alert clients about potential margin calls.
• The minimum deposit at worldtradex Malaysia is $20 with all accounts.

One of the primary reasons for worldtradexFX’s popularity in Malaysia is its reputation as a trustworthy and reliable broker. Established in 2011, worldtradexFX has steadily gained the trust of traders worldwide, including in Malaysia, by offering a secure trading environment. The broker is known for its transparent operations, ensuring that traders have peace of mind when conducting transactions.

Trade with a global broker to achieve your investment goals.

This precautionary measure prevents unauthorised third parties from withdrawing funds, even if they gain access to a user’s https://worldtradex.site/ account. Furthermore, worldtradexFX employs 3D secure technology for credit and debit card processing, which guarantees the transparency and safety of all Visa transactions. If there is any negative balance from an unsuccessful position, the account is reset back to zero balance.

Answer ‘Yes or No’ if you have traded Forex before, then click ‘Continue’. To initiate a withdrawal on worldtradex, first log in to your dashboard, then locate the ‘Withdraw’ tab and click on it. Step 3) Enter the amount you want to deposit and provide the necessary details required. Step 1) Sign in to your worldtradex dashboard through my.worldtradexfx.com/login. Our Trade and Win program enables you to redeem prize lots for the latest gadgets and merchandise.

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. The contents of this website should not be considered as financial advice.

Shares CFDs

The customer support of worldtradex is available 24/7 via live chat and email, they respond quickly, and their answers were satisfactory. After every chat and email, the system sends a feedback form, for users to rate the support received with a thumbs-up or thumbs-down, and a space for comments which is optional. Some representatives could not answer some questions and referred us to send an email enquiry instead. Some chat agents declined to answer some questions, claiming they could only give such information to registered worldtradex traders.

On worldtradex’s website, you can find their execution policy under their ‘customer agreement’ section. Here is a summary of how the forex broker handles your orders. Find a summary of the deposits/withdrawals options on worldtradex. Here is a summary of payment methods accepted by worldtradex for deposits. worldtradex doesn’t impose fees for bank transfers, but again, your bank might have charges for outgoing transactions and incoming transactions. While worldtradex doesn’t typically charge fees, your bank or card issuer might, so always verify that.