Hi Clement, If you have an account with worldtradex Australia then I would expect you should be able to use the IRESS account. As I understand it, it’s only the worldtradex subsidiaries outside Australia that don’t offer IRESS, so in your case I don’t believe you should need to use the VPN. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community.

His leadership and dedication bring you unparalleled insights and the best forex content available. Getting started with worldtradex is a seamless process designed to provide traders with a hassle-free onboarding experience. The registration process is completed entirely online, eliminating the need for paperwork and minimizing delays. The overall design and user experience of the education section feels a bit dated. At the time of this review, there was only one webinar scheduled and it was in Spanish.

• worldtradex has been around since 2005 when they were founded in Australia.
• If you need to do so, you are able to put in a request for a special borrow for a particular stock if you get in touch with the customer support team.
• Additionally, a news feed and economic calendar are built into the platform.
• Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.

Customer Service

The best thing to consider is the style of trading, strategy, amount of money you are willing to risk, and your level of expertise. They provide you with access to an worldtradex demo account if you need one. The broker recommend the demo account because it is a great way for new traders to practice and get to know what they can improve.

From the ECN/STP market access, MAM/PAMM accounts, great platforms, incredible support team, unique features, and varied account types, worldtradex stands out and proves why they are among the best. worldtradex caters to traders with a robust selection of trading platforms, offering flexibility and user-friendliness across Worldtradex courses scam devices. worldtradex offers the Iress platform suite for share trading, but MetaTrader, cTrader, and TradingView are its primary platform options for forex and CFD trading. With support for Autochartist plugin integration as well as platform add-ons from FX Blue as part of its Trader Toolbox offering, worldtradex is a great choice for traders who want to use MetaTrader. worldtradex’ excellent MetaTrader offering had it finishing Best in Class for MetaTrader in our 2025 Annual Awards.

Inactivity Fee

• However, as with any financial decision, it’s essential to conduct thorough research and consider personal trading needs before opening an account with any broker.
• I’ve found that choosing a VPS located near your broker’s server location makes the biggest difference.
• The broker offers competitive trading fees, enhancing cost-effectiveness for various asset classes.
• The broker offers robust customer service with 24/7 availability, ensuring traders can receive assistance whenever needed.
• I tested the spreads at worldtradex during the London open and just after the New York open on 27 January 2025.

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. worldtradex shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader, TradingView, or cTrader platform.

Deposit Options and Fees

Steven Hatzakis has been reviewing forex brokers for nearly ten years and has 25+ years of experience as a forex trader. His broker reviews are unbiased and independent, and his expertise is sought after for global FX conferences and speaking events around the world. worldtradex offers over 10,000 forex and CFD products, providing traders with a comprehensive range of options to suit their investment strategies and preferences. With the availability of plenty of asset offerings, we rate it 4.4 stars and hope that it will someday allow the buying and taking full ownership of the assets. worldtradex offers its clients the advantage of no deposit or withdrawal fees, coupled with a broad selection of payment methods including credit cards, debit cards, bank transfers, and e-wallets. Founded in 1989 and headquartered in London, CMC Markets is one of the industry’s longest-established online brokers.

For example, for a non-leveraged CFD share you will be paying a 0.8% commission and 0.11% for the purchase of a new share. You can get access to the industry standard MetaTrader 4 platform through worldtradex and they recently added the subsequent versions of this software- MetaTrader 5. Therefore, worldtradex is always kept on their toes and have their operations above board. All of the trader funds are kept safe in their own account with a tier one bank. The accounts for the broker are audited annually by the leading firm in the country, BDO Australia. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

TradingView

Unlike brokers who facilitate trades, money managers take a more active role by developing tailored trading strategies based on a client’s financial goals, risk tolerance, and invested capital. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. OANDA gives traders access to both BeeksFX and Liquidity Connect, with VPS fees waived for members of its Elite Trader program, which requires $10 million or more in monthly volume. worldtradex also supports both VPS providers and waives the fee for Active Trader clients with at least $25,000 in their account and qualifying volume. A forex virtual private server (VPS) is essential if you’re running automated trading strategies and need low-latency execution with uninterrupted uptime.

In addition to desktop platforms, worldtradex provides mobile trading apps for iOS and Android devices. They are able to stay connected to the markets and execute trades on the go. With seamless synchronization between desktop and mobile platforms, traders can manage their positions and monitor market movements with ease, ensuring they never miss out on trading opportunities.

At worldtradex, the security of your investments and personal information is paramount. The broker employs highly advanced encryption technology to create a protective shield around your data. This level of encryption is designed to make it extremely challenging for any unauthorised parties to gain access to your sensitive information, ensuring your peace of mind.

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Dealing online forex brokers, also known as market makers, are brokers that create their own market and act as the counterparty to their clients’ trades. Instead of directly connecting traders to the interbank market, dealing brokers quote their own buy and sell prices. Starting in Equinix NY7, the company expanded to NY4 (New York) and LD4 (London), giving traders direct access to key financial hubs and helping reduce execution delays. FXVM offers a low-cost entry point for forex traders with its $11.90/month Basic plan, featuring 2GB RAM, dual-core CPU, and 10GB SSD.

Simultaneously, its extensive range of instruments, low spreads, and advanced trading tools cater to professional traders. However, it’s important to note that worldtradex does not currently accept traders from the United States. This diverse account offering ensures inclusivity and flexibility for traders of varying experience levels and preferences. Yes, worldtradex offers a free demo account, also known as paper trading, with no minimum deposit, allowing traders to practice trading in a risk-free environment. We tested worldtradex’ support service reliability and responsiveness and were impressed with our experience.

You are have to fill out a registration form with essential personal details. As with any other broker, basic information such as name, email address, and country of residence is requred. Additionally, traders may need to undergo a verification process to confirm their identity and comply with regulatory requirements. The courses within the worldtradex Academy cover key concepts and terminology like pips, margin, swaps, and spreads. An introduction to classic technical indicators like MACD and RSI is also provided.

A withdrawal will normally take about two working days, but in some cases it can take as long as five working days. There is a 1.8% credit card fee for withdraws and a $20 fee for bank transfer withdrawals. These contain a lot of the same features that are seen with their desktop versions and have been optimised for mobile devices. Naturally, there is not as many options for analysis or charting options on the mobile version, but it certainly does the job for what you need it for.