Answers about accounts, deposits and trading conditions.

NextTrade offers three account types: Standard Account (for traders who prefer simple, straightforward pricing with no commission), Raw Account (for traders who want raw spreads from 0.0 pips with a per-trade commission), and VIP Account (for high-volume traders, with raw spreads, a lower commission and a minimum deposit of $10,000). All accounts are available on MetaTrader 5 (MT5) and TradeLocker.

The Standard account is our entry-level account, for traders who prefer a simple and transparent cost structure. There are no commissions on trades; the cost of trading is built into the spread. This account suits traders who are new to forex or prefer commission-free pricing.

The Raw account is designed for experienced traders who want direct access to raw interbank spreads starting from 0.0 pips. A commission is charged per trade in exchange for raw spread pricing. This account suits scalpers, high-frequency traders and those who prioritise low spreads.

The VIP account offers raw spreads from 0.0 pips, a lower commission, a dedicated account manager and a dedicated VIP support channel. The VIP account requires a minimum deposit of $10,000. It is designed for professional and high-volume traders.

The right account depends on your trading style and experience. Choose Standard if you prefer no commission and a simple all-in spread cost. Choose Raw if you are an active or high-frequency trader who wants raw spreads and is comfortable paying a per-trade commission. Choose VIP if you are a professional or high-volume trader who wants a lower commission and a dedicated account manager, and can meet the $10,000 minimum deposit requirement. If you are unsure which account is best for you, please contact our support team for guidance.

Commissions depend on the account type: Standard Account has no commission (the spread includes all trading costs), Raw Account charges a commission per trade in exchange for raw spreads, and VIP Account charges a lower commission per trade with raw spreads. Full commission details for Raw and VIP accounts are available in your client area.

Minimum deposit requirements vary by account type: Standard Account requires $25, Raw Account requires $100, and VIP Account requires $10,000. Please contact our support team or visit our website for the latest account specifications.

The minimum deposit at NextTrade is $25 for a Standard account, $100 for a Raw account, and $10,000 for a VIP account.

You can deposit funds directly through your NextTrade client area. Credit/debit cards (Visa and Mastercard), cryptocurrency and local payment methods (alternative payment methods, APMs) are currently available in relevant countries. Bank wire transfer is coming soon. Simply log in to your client area, navigate to the Deposit section, select your preferred method, and follow the on-screen instructions. Available methods may vary depending on your jurisdiction.

NextTrade does not charge any fees on deposits. However, please note that fees may apply on withdrawals depending on the method used. Please refer to our fee schedule in your client area for full details.

Withdrawals can be requested directly through your NextTrade client area. Please note that withdrawals must be made via the same method used for your original deposit, up to the deposited amount. Once your deposit amount has been fully withdrawn, alternative methods may be used for any remaining profits.

NextTrade processes every withdrawal request within 24 hours. Once sent, the time to reach you depends on the method: crypto settles on the network, and your bank or payment provider may add its own processing time.

NextTrade does not charge withdrawal fees on any method. Crypto withdrawals carry the standard blockchain network fee, and your bank or payment provider may apply its own charges. The minimum withdrawal is $25.

NextTrade offers two trading platforms, MetaTrader 5 (MT5) and TradeLocker, on every account type, with the same spreads and execution on each; maximum leverage differs by platform. MT5 is a widely used multi-asset trading platform with advanced charting tools and automated trading via Expert Advisors. TradeLocker offers native TradingView charts, a built-in risk calculator and the Studio bot builder. Both are available on desktop, web and mobile.

NextTrade offers trading across a wide range of asset classes, including forex (currency pairs), indices, commodities and metals. All instruments are offered as CFDs, allowing you to trade on live prices without an expiration date.

NextTrade offers CFDs only. CFDs provide a continuous price derived from the underlying market, with no expiry date, making them straightforward and flexible for traders of all levels.

NextTrade offers spreads starting from 0.0 pips on our Raw/ECN accounts. Spreads vary by instrument and market conditions. You can view our latest spreads within the MT5 platform or your client area.

NextTrade offers leverage of up to 1:1000 on MT5 (TradeLocker up to 1:500), subject to the instrument being traded, your account type, your jurisdiction and platform. NextTrade uses a dynamic leverage model, meaning your effective leverage adjusts automatically based on the volume of your open positions. Please be aware that high leverage significantly increases both potential profits and potential losses. Ensure you fully understand the risks involved before trading and review our Risk Disclosure Policy.

Yes, we allow both scalping and hedging. However, strategies that exploit pricing inefficiencies, latency, or system weaknesses may be restricted in line with our trading terms.

Yes, Expert Advisors (EAs) are allowed on NextTrade. However, they must be used for legitimate trading purposes; any strategies that exploit pricing inefficiencies, latency, or system weaknesses are not permitted under our trading terms.

Going long means you are buying an instrument in anticipation that its price will rise. Going short means you are selling an instrument in anticipation that its price will fall. Both directions are available on all instruments offered by NextTrade.

Forex markets are open 24 hours from Monday to Friday, closing over the weekend. Trading hours may vary depending on the instrument and its underlying exchange; please refer to the Symbol Specifications within the platform for exact schedules.

The spread is the difference between the bid (sell) price and the ask (buy) price of an instrument. It represents the cost of entering a trade. At NextTrade, spreads start from 0.0 pips on our Raw/ECN accounts.

NextTrade sources its prices for all instruments from Tier 1 liquidity providers.

Risk management is a critical part of successful trading. At NextTrade, you can manage your risk by using Stop-Loss and Take-Profit orders to automatically close positions at predefined levels, managing your position sizes relative to your account balance, diversifying across different instruments and asset classes, and making use of our educational resources to build your trading knowledge.

Dynamic leverage is a system where your available leverage adjusts automatically based on the total volume of your open positions per instrument. Rather than applying a single fixed leverage ratio to all trades regardless of size, dynamic leverage offers higher leverage on smaller positions and gradually reduces leverage as your exposure grows. This tiered approach is designed to help manage risk while giving traders flexibility on smaller positions.

NextTrade applies dynamic leverage on a per-instrument basis using a tiered structure. When you open a position, the leverage applied depends on the total lot volume you hold in that instrument. For smaller positions, you may benefit from higher leverage (up to 1:1000 on major forex pairs). As the total volume of your open positions in that instrument increases, the leverage ratio decreases automatically, and the margin required per lot increases accordingly. This calculation is applied in real time and does not require any manual adjustment from you.

Dynamic leverage offers several advantages over a fixed leverage model: capital efficiency (smaller positions require less margin), built-in risk management (as your exposure grows, the system automatically requires more margin), and flexibility (traders can access high leverage where appropriate while still being protected from overexposure on larger volumes). This tiered approach encourages more disciplined trading by scaling margin requirements in proportion to position size.

Dynamic leverage is applied on a per-instrument basis. This means that if you hold positions in multiple instruments, each instrument's leverage is calculated independently based on the volume of positions you hold in that specific instrument. Your forex positions will not affect the leverage calculation on your metals or indices positions, and vice versa.

Leverage tiers vary by asset class and instrument. For a full breakdown of leverage tiers by instrument, please refer to the leverage table on our website or the Product Specifications within the MT5 platform. You can also contact our support team for details.

Dynamic margin is applied in tiers based on your total open position size. For Forex Majors, leverage decreases as volume increases. For example, the first 0 to 0.5 lots are calculated at up to 1:1000, the next 0.5 to 10 lots at 1:500, and so on across each tier. If you open a 5-lot EURUSD position, margin is calculated progressively: the first 0.5 lots at 1:1000, and the remaining 4.5 lots at 1:500. Important: Dynamic leverage cannot exceed your account's maximum leverage. These tiers apply specifically to Forex Majors (other instruments may differ).

Yes. Leverage is applied dynamically based on your total open position size. As your exposure increases, your position is calculated across different tiers, with larger volumes using lower leverage. This means your effective leverage decreases as position size grows. Important: Dynamic leverage will never exceed your account's maximum leverage. Tiered leverage applies per instrument group (e.g. Forex Majors).

Yes, you can set your preferred maximum leverage in the Client Area. However, the actual leverage applied may be lower due to dynamic tiers based on position size. For example, if your account leverage is set to 1:100 and you open a 5-lot position on Forex Majors, the first 0 to 0.5 lots would normally allow up to 1:1000, but are capped at your account limit of 1:100. The remaining 0.5 to 5 lots fall into the 1:500 tier, but are also capped at 1:100. So in this case, the entire position is effectively calculated at 1:100, as your account leverage acts as the maximum cap.

No. Dynamic leverage does not change your margin call or stop-out levels, as these are predefined for your account. However, dynamic leverage affects how much margin is required for your positions. As leverage decreases with larger position sizes, margin usage increases, which can bring your margin level closer to those thresholds more quickly.

A margin call occurs when the equity in your account falls below the required margin level to maintain your open positions. At NextTrade, a margin call is triggered when your margin level drops below 100%. This serves as a warning that your account is at risk, and you may need to deposit additional funds or reduce your exposure to avoid reaching the stop-out level. During this time, you may not be able to open new positions.

A stop-out is the automatic closure of your open positions. At NextTrade, this occurs when your margin level falls below 50%. When the stop-out level is reached, positions are automatically closed starting from the most unprofitable ones, until the margin level is restored above the required threshold.

MetaTrader 5 supports a wide range of order types, including: Market Orders (execute immediately at the current market price), Limit Orders (set a specific price at which you want to buy or sell), Stop Orders (trigger a market order once the price reaches a specified level), and Stop-Limit Orders (combine a stop trigger with a limit price, giving you more control over execution). You can also attach Stop-Loss and Take-Profit levels to any open position or pending order.

Slippage is the difference between the expected price of a trade and the actual price at which it is executed. It can occur during periods of high volatility or low liquidity, and can be positive (a better price) or negative (a worse price). NextTrade sources prices from Tier 1 liquidity providers to help minimise slippage, but it cannot be entirely eliminated in fast-moving markets.

A swap (or rollover) is an automatic interest charge or payment applied to positions held open overnight. It is based on the interest rate differential between the two currencies in a pair. Swaps are processed at 21:59 UK time, with a triple charge on Wednesdays (FX and metals) or Fridays (other instruments) to cover weekends.

NextTrade offers flexible position sizing, suitable for both beginners and experienced traders. Minimum lot: 0.01 (micro lot, equivalent to 1,000 units of the base currency). Lot step: 0.01. Maximum lot: 100 per position. Forex: 1 standard lot = 100,000 units of the base currency. Gold: 1 lot = 100 oz. Other assets: contract sizes are specified within the trading platform for each instrument.

Yes. NextTrade is regulated by the Financial Services Commission (FSC) of Mauritius and holds an Investment Dealer License (Full Service Dealer excluding Underwriting) (Licence No. GB25204563).

Yes. Client funds are held in segregated accounts with a regulated financial institution, separate from NextTrade's own operating funds. Segregation helps ensure that client funds are kept separate from company funds in accordance with regulatory requirements.

Yes. NextTrade offers Negative Balance Protection on all retail accounts, meaning clients cannot lose more than the funds available in their trading account.

NextTrade is not currently a member of an investor compensation scheme. However, client funds are held in segregated accounts in accordance with regulatory requirements.

MetaTrader 5 is available for download on Windows, macOS, iOS, and Android. You can download it directly from the NextTrade website or from the relevant app store. After installation, log in using the credentials provided when you opened your trading account. A web-based version of MT5 is also available for trading directly from your browser without downloading any software.

Yes. The MT5 mobile app is available for both iOS and Android and offers a full trading experience, including live quotes, charting tools, order management, and account monitoring. You can download the app from the Apple App Store or Google Play Store and log in with your NextTrade account credentials.

NextTrade takes account security seriously. We recommend that all clients use a strong, unique password for their client area and trading account. Additional security measures are in place to protect your account and personal information. If you notice any suspicious activity, contact our support team immediately.

If you forget your MT5 trading password, you can reset it through your NextTrade client area. If you forget your client area password, use the password reset function on the login page. If you continue to have difficulty, contact our support team for assistance.

AI chat support is available 24/7. Human support is available Monday to Friday, 8:00–18:00 CET, by live chat. You can also reach us through our official social media channels.

If you experience any technical issues with your trading platform, please contact our support team immediately via live chat, email, or social media. Our team is available to assist you.

NextTrade takes all client complaints seriously. If you wish to submit a complaint, please contact our support team in the first instance and provide full details of your concern. Our team will investigate and respond to your complaint as quickly as possible in accordance with our Complaints Handling Procedure.

Yes, NextTrade offers demo accounts. You can practise trading with virtual funds before trading with real money.

Yes. NextTrade offers Islamic (swap-free) accounts for clients who require trading conditions compliant with Islamic finance principles. These accounts do not incur overnight swap charges but incur handling fees after a set number of days. Eligibility criteria and specific conditions may apply. To request an Islamic account, please contact our support team.

Yes. NextTrade offers both an Affiliate Programme and an Introducing Broker (IB) Programme. Both are open to individual referrers and professional IBs. Please contact our partnerships team for commission details and more information.

Yes. NextTrade may offer bonuses or promotions, including welcome or deposit bonuses from time to time. Terms and conditions apply. Please visit the Promotions section of our website or contact our support team for the latest offers and eligibility criteria.

Yes. NextTrade provides a range of educational materials designed to help traders better understand financial markets and trading concepts. Our educational content covers key trading concepts, platform tutorials, and risk management fundamentals. Visit the Education section of our website to get started.

If your trading account has no open positions and no trading activity for an extended period, it may be classified as dormant. Dormant accounts may be subject to an inactivity fee. Please refer to our fee schedule and terms and conditions for full details on inactivity policies, or contact our support team.

Yes. If you wish to close your NextTrade account, please withdraw any remaining funds and contact our support team to request account closure. Our team will guide you through the process.

Yes. If you hold multiple trading accounts under the same client area, you can transfer funds between them through your client area. Internal transfers are typically processed as soon as you submit them. Please note that transfers are only permitted between accounts held in the same name.