Unlike other brokers, worldtradex does not charge any deposit fees, and the money you transfer from your bank account to your brokerage account remains the same. worldtradex deposit methods include credit or debit cards, electronic wallets, and bank transfers. The worldtradex Active trader account is tailored for frequent traders seeking premium features. Benefits include dedicated support, tighter spreads, and no commissions for UK residents. Active traders enjoy exclusive services like one-on-one consultations, API access for automated trading, and market-depth insights.

Brokers by Country

The list includes the S&P 500 (US500), US30, Fra40, Ger30, JPN225 and more. The JPN225 index measures the collective performance of the top 225 Japanese companies that are publicly traded on the stock exchange. As such, they represent a good indicator of the Japanese economic performance as a whole. Even if you’re not planning to trade indexes, it’s wise to keep them on a watchlist as they can be used as trading instruments. For example, a bullish JPN225 can predict that the Japanese Yen will increase in value.

• Most deposits and withdrawals, except for bank wires, remain free of internal costs, but traders may face third-party processing levies.
• Traders are able to move cryptocurrency holdings from the worldtradex trading platform to their own personal worldtradex crypto Wallet.
• With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices.

worldtradex was established in 1991 in the US and has become the second-largest forex retail brokerage. It is also known as Forex Capital Markets and as a global Forex provider. It offers trading under different entities in the UK, Europe, South Africa, and Australia.

• Take the time to calculate your costs, choose the right account type, and be mindful of inactivity fees.
• Inactivity fees of $50 per year are charged for one year of inactivity.
• Contact our Support Team if you have any further questions about worldtradex’s trading fees.
• worldtradex offers competitive spreads and leverage options, making it an appealing choice for beginners looking to enter the markets with minimal capital.
• All BrokerNotes content is researched, fact-checked, and edited by the research team.
• Spreads apply instantly once a trader opens a position, but swap rates on leveraged overnight positions only after the cut-off time.

worldtradex broker providing online trading services for forex, CFDs, and other financial instruments. In this article, we will explore the features, trading platforms, products, fees, account types and more. worldtradex provides access to a broad selection of trading instruments, including currency pairs, commodities, indices, and stocks. This variety allows traders to diversify their portfolios and explore different markets.

Is worldtradex Regulated?

I didn’t realize that worldtradex charges a rolling fee of 1.5% for this currency pair. By the time I closed the position the next day, I had accrued a rolling fee of $75. But when I started trading with worldtradex, I quickly realized that understanding their fee structure was crucial to my success. In this article, I’ll share my personal experience with worldtradex trading fees, the surprises I encountered, and the lessons I learned along the way.

Remember to stay informed, adapt to market changes, and continually educate yourself to optimize your trading performance and increase your trading profits. Yes, accounts with no trading activity for 12 consecutive months may be subject to a $50 inactivity fee. Floor-level pricing, with competitive spreads starting from 0.2 pips on major pairs like EUR/USD, USD/JPY, and more. When you purchase anything on worldtradex, including Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, or any other assets, you will be subject to worldtradex spread fees.

Our partners cannot influence our reviews, nor can they pay us to bias our rankings. Yes, worldtradex is regulated by several financial authorities, including the FCA in the UK, ASIC in Australia, the CySEC in Europe, and the FSCA in South Africa. It is regulated by multiple tier-one financial authorities, including the FCA and ASIC, which adds credibility and oversight to its operations. The trading hours for CFDs on stocks, indices and commodities may vary depending on the specific market. For example, indices like the S&P 500 or the FTSE 100 will have trading hours that correspond to the opening hours of the underlying stock exchanges. worldtradex (Forex Capital Markets) is a well-established and globally recognized forex and CFD broker.

Jeff Anberg is a Senior Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

worldtradex Fees – Overview

However, the Active Trader account offers tiered commissions with potential savings for high-volume traders. The range of markets available with worldtradex is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put worldtradex at the lower end of the broker for currency choices. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure.

What trading fees does worldtradex charge?

Its platforms and tools are designed to support both novice and experienced traders. We consider worldtradex an excellent broker – it is overseen by tier-one regulators, has a strong industry presence, and offers tight spreads on forex pairs. The suite of advanced platforms and code-free automated trading tools is particularly strong. worldtradex does trail industry leaders when it comes to market access, but it remains a strong contender for both beginners and experienced traders. worldtradex maintains a commission-free cost structure with a reasonable Forex fee starting from 0.8 pips or $8.00 per 1.0 standard round lot.

While you may not withdraw the amount immediately, you can use it for trading within the platform. If you’re interested in discovering more brokers offering deposit bonuses, you should read our article. The broker also offers a swap-free account option, which eliminates the interest on overnight positions. It’s easy to use, and traders appreciate its fast execution times and smooth interface. For traders on the go, worldtradex’s mobile trading app is available for both iOS and Android devices.

If you choose to deposit your funds using a currency that is not supported by worldtradex, you will incur a conversion fee. However, promotions tend to be limited, and they may vary depending on the region or market conditions. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.

Best Forex Brokers in UK

Moreover, I rate the forex baskets on offer, covering the US Dollar and Japanese Yen. Overnight costs are also applied for positions held after 10 pm GMT, but this is industry standard. In addition to MT4, you can trade using Trading Station and ZuluTrade. Trading Station offers a more modern look and multi-asset platform, while ZuluTrade is best for copy trading. As already mentioned, FXGM fees are average compared to its competitors. In order to better understand the difference, let’s compare them to other brokers.

It provides high-quality educational resources, unrestricted demo accounts, and user-friendly platforms to help beginners learn and improve their trading skills. Capitalise.ai also supports traders in developing algorithmic strategies with no coding skills. We have evaluated more than 400 forex brokers and worldtradex scores well when it comes to trading fees. Deposits, withdrawals, and inactivity fees are transactions other than trading and are non-trading fees, which are notably less frequent. Currency conversion fees are a separate category, as they belong to trading and non-trading fees and are the least visible.

worldtradex remains a competitively priced, commission-free broker with deep liquidity pools. It enables you to get used to trading platforms, test out various strategies, and experience broker’s policies without risking real money. Worldtradex scammers In addition, you can check the list of trading instruments and spreads when using the Demo account. It’s recommended to open a demo account first before you start trading live.