worldtradex Fees and Charges Explained for 2025

Swap fee is calculated using the interest rate differential of the two currencies of a forex pair, and the fee is usually the same for positions either long or short. The level of Swap rates may vary in size and change depending on the level of interest rates. The Company reserves the right to change the level of swap rates application to the CFDs according to the rates of the liquidity providers. From Wednesday to Thursday swaps are calculated in triple size Click here for more details. worldtradex’s philosophy is rooted in a commitment to transparency, security, and regulatory compliance.

It is possible that a broker may show you their swap rate as a daily or annual percentage which can be used to calculate the swap fee for the duration of your trade. Whether a trade position is long or short, a swap rate is applied and each forex pair has its own unique swap rate. We can as well assume that one of the currencies in a forex pair is borrowed in order to purchase the other currency.

• Our introduction mirrors the clear, concise, and precise individual service we render to our clients.
• worldtradex occasionally introduces other bonuses and promotions, which have included a $50 worldtradex no deposit bonus or annual interest on free margin.
• worldtradex operates on a spread-only model, with spreads starting as low as 0 on major currency pairs.
• worldtradex offers beginner traders a sound educational offering from where traders can expand.

What are the worldtradex deposit and withdrawal fees?

worldtradex traders must keep an eye on LIBOR rates when understanding any potential worldtradex fees that may be applied. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades. From my testing, worldtradex’s spreads are generally on the lower end, though its swap fees are noticeably higher. That said, the broker doesn’t charge volume-based commissions, has a modest inactivity fee, and only applies a handling fee on withdrawals.

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Please note that Herd Markets may have financial relationships with some of the merchants mentioned here and may be compensated if consumers choose to click the links located throughout the content on this site. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. If you would like to see worldtradex compared against some of the best worldtradex fees alternatives available right now you can do so by clicking on the links below.

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Whereas percentages are used to describe stocks and various other assets on worldtradex. For example if your worldtradex account base currency is USD and your funding method is EUR or GBP, you https://lunarcapital.team/ will be subject to a currency conversion fee from your worldtradex deposit method used. That said, worldtradex has made notable improvements since my last review, especially in fee structure and execution quality. Overall, I consider worldtradex a strong choice for cost-conscious traders who value speed and simplicity. The broker could improve its offering by including video content, such as periodic webinars and platform tutorials. worldtradex provides a range of high-quality research materials and tools developed in-house.

Our stance as a Non-Dealing Desk broker ensures there’s never a conflicting interest with our clients, and our trades remain anonymous to our liquidity providers. Whether you are facing technical issues, account-related queries, or need help with your trading platform, worldtradex’s support team is prepared to assist promptly. While the broker does not offer phone support or automated bots, the availability of live chat and email ensures that most issues can be resolved quickly and effectively. This customer-centric approach makes worldtradex a solid choice for traders who prioritize responsive and professional support. worldtradex provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills. These resources cater to both beginner and experienced traders, offering valuable insights into market trends and strategies.

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However, worldtradex also caters to traders who require swap-free accounts, offering this feature to those who follow Islamic finance principles that prohibit interest-based transactions. Swap-free accounts allow these traders to maintain their positions overnight without incurring any swap fees. While worldtradex does not offer stock trading, its comprehensive selection of other instruments, combined with competitive spreads, positions it as a strong choice for traders focused on forex and CFDs. Whether you’re trading major currency pairs or exploring commodity markets, worldtradex provides the necessary tools and instruments to engage effectively in global financial markets. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.

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• The fee that is displayed on the specification page is relative to the pip value of your open trade position.
• Once these steps are completed, traders can access their account and begin trading immediately.
• Compared to the industry average, worldtradex provides a low number of cryptocurrencies and indices, an average number of commodities, and a high number of currency pairs.
• worldtradex’s primary ambition is to equip our clients with the requisite tools to hone their skills and relish an unparalleled trading experience at every phase of their voyage.
• Processing times are generally fast, and traders can choose from a wide range of currencies.
• These fees vary depending on the type of asset being traded and the direction of the trade.

It fully supports automated trading and is one of the most versatile trading platforms available. MT4 upgrades are available through third-parties for an additional fee to (potentially) enhance the trading experience. One significant advantage is that worldtradex offers a more in-depth introduction to MT4, which many brokers fail to do, and which can truly set traders up for longer-term success. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. The EUR/USD spread ranges between 0.0 pips and 0.3 pips, with occasional spikes during the market news and trading session breaks, which worldtradex transparently displays on its website.

worldtradex offers a solid range of educational content, including articles and ebooks. The ebooks, in particular, stand out for their depth and coverage of key trading concepts—making them a valuable resource for learners. The broker also maintains a blog with in-depth articles, though video content is currently not available. Compared to the industry average, worldtradex provides a low number of cryptocurrencies and indices, an average number of commodities, and a high number of currency pairs.

Clients can find the provision in the Investment Services General Conditions PDF. worldtradex has a clean regulatory track record and established itself as a secure and trustworthy broker. The broker’s strong regulatory oversight by CySEC, MiFID, and MISA, along with client fund security in Tier 1 banks, adds a layer of trust for its users.

worldtradex offers excellent customer support, available 24/5 through live chat, email, and phone. Response times are generally fast, ranging from just a few seconds to about two minutes. My only minor complaint is that support is currently available only in English.

When trading live financial markets with worldtradex traders must have a clear understanding of all worldtradex commissions and fees. Commissions and fees are not standard across all trading platforms like worldtradex; rather, worldtradex fees may differ from other brokerage companies. I was impressed by worldtradex’s innovative one-size-fits-all trading account, which combines zero commissions with raw spreads. In some cases—like trading the EURUSD pair—traders can essentially open positions at no cost. With no minimum deposit required, the account is also highly accessible and budget-friendly. Clients have access to the full suite of the out-of-the-box MT4 trading platform.

Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and worldtradex is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency. With no minimum deposit, high leverage, and low trading costs, worldtradex is ideal for beginner traders and demanding seasoned ones alike. It is the interest cost charged on leveraged open positions that are held overnight in the Forex market.