Opening an account in the UK places traders under the jurisdiction of the FSA (St. Vincent and the Grenadines), allowing UK traders to take advantage of the maximum leverage available. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Harness opportunity with spreads from 0.0, commission-free accounts, and a generous Rewards programme. — We are known for being a dependable employer, fostering trust and reliability among our team, and as a broker, nurturing genuine relationships with clients and partners.
We evaluated the spreads of the EUR/USD, gold, the S&P 500, and WTI crude, four of the most traded assets, available at all brokers. Traders should always trade with a regulated broker but ensure that the trading environment remains competitive. Australian clients will deal with the subsidiary, regulated by the Australian Securities and Investments Commission (ASIC) – a tier 1 regulator, First Prudential Markets PTY LTD.
With its commitment to transparency, regulatory compliance, and client satisfaction, worldtradex has established itself as a trusted partner for traders of all levels. worldtradex offers one commission-free trading account, but trading costs are higher there than in its commission-based alternative. Active traders get rebates, lowering subscription fees or eliminating them. The worldtradex Traders Hub provided daily research and trading ideas, presented in a quality format. Streaming news service is available as one of the twelve plug-ins for MT4, offering traders a valuable service embedded with the trading platform. New traders can benefit from educational resources, including webinars and videos.
While basic withdrawals are generally free, certain methods incur fees. For instance $10 USD for international bank wire transfers, $25 USD for international broker-to-broker transfers, Neteller charges 2%, Skrill 1%, FasaPay 0.5%, PayTrust 1.5%, and PayPal 2%. Check your broker’s technical documentation or VPS partnership pages — they’ll often list data center locations like Equinix NY4 or LD4. Knowing where your broker’s servers are hosted can help you choose the VPS provider and location that minimizes latency. Some brokers don’t hold pending orders on their servers and instead require your trading platform to stay open. Hosting it on a VPS ensures your order logic stays active and ready to execute, even when your computer is off or your internet is down.
Forex Fees
An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. You don’t need a VPS unless you’re running an automated trading strategy that requires 24/5 uptime. If you’re manually placing trades during market hours, or only trade while you’re at your computer, a VPS likely won’t offer much benefit. When choosing a forex virtual private server, it’s important to match the system specs to your trading strategy. At a minimum, make sure the VPS has enough RAM, CPU power, and storage to run your platform, like MetaTrader 4, smoothly, especially if you’re using expert advisors (EAs) or custom indicators.
Other trading platforms
- This table provides a breakdown of commissions and fees for Forex, Metals, Commodities, and Indices.
- Additionally, they use STP (Straight-Through Processing), routing orders directly to liquidity providers without a dealing desk.
- All BrokerNotes content is researched, fact-checked, and edited by the research team.
- 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.
- It offers free VPS access through BeeksFX as part of its MetaTrader 4 offering, provided you maintain a minimum account balance of $2,000.
Each account type has unique features and benefits, ensuring traders can choose an account type that suits their trading goals and preferences. 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. 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. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Many forex brokers host their servers inside Equinix data centers, which are major hubs for financial trading infrastructure. If your VPS provider also colocates there, such as at Equinix NY4 (New York) or LD4 (London), you can benefit from ultra-low latency.
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. worldtradex is another well-regarded MT4 forex broker that has a range of advanced trading tools and competitive pricing. Alongside an MT4 account, this broker also offers access to their IRESS platform.
A Versatile Broker for Discerning Traders
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. worldtradex is well-respected and they are one of the most reliable brokers in the space today. They are completely transparent and they segregate the customer funds away in a different account to their operational funds. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
Backed by a team of over 70 staff globally, ForexVPS.net is a strong choice for traders seeking a reliable, flexible, and globally distributed forex virtual private server solution. 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. Annual subscriptions are discounted to £310 and include two free months.
ForexBrokers.com 2025 Annual Awards
- 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.
- Besides the build-in MT4 copy trading functionality, worldtradex partnered with Myfxbook Autotrade, also available from within the MT4 trading platform.
- Traders who deposit a minimum of $1,000 or trade over 10 lots per month on the Standard Account or 20 lots on the Raw Account can access the VPS service at no additional cost.
- Investing in social trading represents an intelligent management decision and shows a fluid broker seeking to offer the best services to clients.
- Most traders will want a VPS with at least 2 to 4GB of RAM, a solid-state drive (SSD), and a recent version of Windows Server or Linux.
From a customer support perspective, worldtradex delivers across the board. Clients may reach out via e-mail, live chat, phone, or the call-back option. A quality FAQ section answers many questions, and most traders may require additional assistance only during emergencies. worldtradex offers Islamic traders the option of opening an Islamic account.
Whether you’re using MetaTrader, cTrader, or automating alerts with TradingView, this guide will help you choose the best forex VPS for your strategy in 2025. worldtradex provides a diverse range of trading platforms and tools, suitable for various trader preferences. While the overall platform and tools are rated as average, the choices available, including both MetaTrader options, cTrader, and a proprietary platform, align well with traders’ needs.
These unique features collectively empower traders to navigate the complexities of the financial markets with precision and confidence. In summary, worldtradex demonstrates its commitment to providing traders with the tools and insights they need for successful trading endeavors. worldtradex is a global broker that started in Sydney, Australia in 2005. They offer services to traders around the world and are overseen by several financial regulators in different countries adapting to different rules and requirements. These include ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (St. Vincent and the Grenadines), FSA (Seychelles), FSC (Mauritius) and CMA (Kenya).
The broker’s user-friendly interface, educational resources, and demo account make it suitable for beginners. 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. worldtradex, founded in 2005, is a prominent forex and CFD broker known for its commitment to providing high-quality trading services.
Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity Worldtradex website futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).
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. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.
FOREX.com provides free VPS hosting for MetaTrader 5 traders who generate at least $500,000 in monthly trading volume. Founded in 2013, ForexVPS.net has served over 2 million customers and offers VPS hosting in 21 global locations, one of the broadest ranges among forex VPS providers. Its servers are optimized for latency-sensitive trading and run from data centers close to major broker infrastructure, helping reduce execution lag for automated strategies. Liquidity Connect delivers fast execution via Equinix and Alibaba’s CEN backbone, with strong coverage in Asia, New York, and London. Trusted by brokers like FOREX.com, it’s built for traders needing low-latency access in key markets.
worldtradex FX offers over 70+ forex currency pairs, including major, minor, and exotic pairs. Enjoy consistently tight spreads starting from 0.0 pips, available 24 hours a day, 5 days a week. Comparing trading costs is challenging, with many variables impacting the final fees.
