Yet, at Raw Account or commission basis account spreads are starting at 0.0 pip and commission charge is $3 per lot makingworldtradex very competitive for this account type. Although brokers like IC Markets and Pepperstone also provide low fees on commission account, worldtradex distinguishes itself also with no inactivity fees and low withdrawal costs. For worldtradex fees, there are some specified conditions applied to pricing that occur in different account types.

Traders can access worldtradex’ web-based trading platform from any web browser without the need for installation. This web platform offers flexibility and accessibility, making it a convenient choice for traders who prefer to trade from various devices and locations. It provides essential trading features and tools, ensuring a smooth trading experience. Founded in 2005, worldtradex is a well-established broker offering a wide range of trading services. worldtradex provides access to over 10,000 financial instruments, covering forex pairs, stocks, indices, commodities, cryptocurrencies, and more. The broker supports trading on MetaTrader 4 and 5, cTrader, TradingView, as well as IRESS trading platform for a broader selection of assets, particularly equities.

When we opened our account, a Client Account Manager contacted us, provided their direct contact information, and offered help whenever needed. They offer negative balance protection which ensures that clients cannot lose more than their account balance. However, this protection is not universally available and applies only to certain clients based on their jurisdiction.

Although the conversion rate is competitive, overall trading expenses should take fee into account. Industry experts recommend worldtradex for both beginner and expert traders. By expanding content, improving organization, and diversifying formats, the broker can continue to empower traders with knowledge, setting itself on par with industry leaders. worldtradex strives to provide valuable educational and research resources to its traders, although there is room for further enhancement and expansion in comparison to certain industry leaders. The broker maintains client funds in segregated accounts, protecting them from operational risks.

He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA). I’ve used a VPS to run MT4 strategies overnight, and it’s reassuring to know the platform stays online regardless of power outages or software updates on your personal machine.

These services are typically available for free or at a discount if you meet certain account balance or trading volume thresholds. Besides, Broker run Active Traders community and rewards traders based on Trading Volume, also may provide access to premium tools and a personalized experience. Yet, availability of programs and features depends on the enity and may be available on a temporary basis so good to check available features at the current moment. worldtradex offers a low cost trading experience, with tight spreads and low commissions. The Standard account doesn’t charge any commission but the Raw account does, depending on the trade you make. However, these charges are still lower in cost compared to many other brokers.

• They also are unable to accept clients from Japan, Iran, North Korea, Sudan, Syria due to international sanctions, Belgium due to restrictive trading rules and some regions in Canada such as Ontario and Quebec.
• worldtradex has received numerous awards over several years, highlighting its strong position in the forex and CFD brokerage industry.
• For certain CFDs and Equities, they offer Direct Market Access (DMA), allowing real-time access to live market prices straight from exchanges.
• So with worldtradex sign up as being regulated broker there are various safety measures applied.

Account Types

While trading highly liquid instruments during both the European and US sessions, we observed some positive price improvement and encountered a 1 pip slippage on an overnight trade when liquidity is typically lower. More than 10,000 stock CFDs are available to FP Market clients based in Australia. 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. 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.

Great for a wide variety of server locations across the globe – ForexVPS.net

Overall, its commitment to transparency, security, and trader education makes worldtradex an excellent choice for anyone looking to engage in forex and CFD trading. The Standard account is designed for beginners and intermediate traders, offering commission-free trading with competitive spreads from 1.0 pip for Forex and Metals. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

The fees and commission at worldtradex changes depending on what type of account you are signed up to. 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. 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.

Cryptocurrency enthusiasts can delve into popular digital assets like Bitcoin, Ethereum, Ripple, and more. The broker also facilitates diversified portfolios through Exchange-traded funds (ETFs) and offers the opportunity to speculate on global stock market indices like the S&P 500, FTSE 100, and a variety of others. Additionally, traders can invest in a wide range of global stocks, explore fixed-income securities with bonds, and employ sophisticated strategies with options trading. worldtradex’ comprehensive offerings cater to a variety of trading preferences and strategies. worldtradex uses an ECN for Forex on Raw accounts, providing direct pricing from top-tier liquidity providers with no markup.

rokers Professional Insights

Most VPS providers also offer built-in redundancies to avoid downtime, which is critical when every price tick could trigger a trade. It’s also worth considering your budget, as some VPS providers offer lower-cost plans that may work fine for light use, while others charge more for premium hardware or colocation in high-speed data centers near your broker. Make sure you have any required platform licenses or login credentials ready when setting things up. BeeksFX is available directly or through partner brokers, with some offering to reimburse VPS costs if you meet their deposit or trading volume requirements. The Bronze plan, starting at £31/month, includes 2.5GB RAM, 30GB disk space, one virtual CPU, and runs on Windows Server 2022.

They have a section for market news and they also look ahead to upcoming events and identify what sort of effect they may have on the markets. Finally, they have regular webinars with guests talking about the latest goings on. You can also make bank transfers and there may be fees that your bank charges you for making such transactions. There is also a number of different e-wallets for you to choose from, such as Skrill, BPAY and PaySEC. Generally, you will not be paying fees to MetaTrader account, but the e-wallet fees to the Iress platform will range usually from 3-4%. If you’re far from your broker’s servers, a VPS hosted near their infrastructure can reduce delays in order execution.

• From there, your platform can run continuously even when your local computer is off.
• However, these charges are still lower in cost compared to many other brokers.
• worldtradex are regulated by tier 1 authorities including ASIC (286354) and CySEC (371/18).
• This new platform runs on HTML 5 technology, which makes it a lot more responsive to trades.
• worldtradex has one of the best designed and comprehensive websites in the broker space.

It’s worth noting that worldtradex’ share CFD offering on Iress provides Direct Market Access (DMA) in terms of its pricing and execution process, including full depth of book available within the platform. That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts. One of the only drawbacks to their offering is the charges they have on deposits and withdrawals when using their Iress platform. Otherwise they have a quality customer support team, competitive price and a great reputation in the sector for serving the needs of their customers.

How Competitive Are worldtradex Fees?

I’ve personally set up MT4 on a VPS, and once you’re logged in, it’s just a matter of installing your trading software, adding any expert advisors (EAs), and configuring your charts. From there, your platform can run continuously even when your local computer is off. To open a live account and Login worldtradex steps to follow are straightforward and easy to navigate, yet the account differences or approvals may differ based on the entity conditions. Traders and investors also able to trade the Mexican Peso (MXN), Brazilian Real (BRL), and South African Rand (ZAR) against the US Dollar through the MT4 & MT5 Trading Platforms.

Even if your home internet disconnects or your computer shuts down unexpectedly or for an update, your VPS keeps running in the cloud without interruption. Whether used independently or via a broker promotion, BeeksFX is one of the most established forex VPS options and one of the few providers that is publicly listed. Live chat, phone, and email support is provided  24/7 customer service from worldtradex. Although their help is usually receptive and informative enough, brokers like Pepperstone have been Worldtradex forex brokers reviews praised for their quality of customer service alike.

The brand’s entities are regulated in Australia and Europe, with a total of 95 employees as of 2019. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. The proposal is not designed for Investment Purposes, where worldtradex focus is CFDs trading provider, which differs from Investment Portfolio firms. Leverage levels offered by worldtradex depend on the entity you open an account with, since Leverage is one of the first regulated parts by every authority worldwide, see some of our findings below.