World Forex Review

HOME / WORLD FOREX REVIEW
World Forex
pin

General Rating

Not yet rated

pin

TrustpilotTrustpilot

3.80/5

pin

Traders Rating

Not yet rated


World Forex is a well-established broker since 2007. World Forex has a headquarter in Vanuatu. It is are generally well-suited for World Forex to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by FSC (BVI) 1420912, The Financial Commission 21.08.2019 and VFSC 300236.


Company Information

🌐 Website
wforex.com

Year Established
2007

🌎 Country
british virgin islandsChinaEuropean areaHong KongIndiaIndonesiaRussian FederationSpainThailandTurkeyUnited Arab EmiratesUnited KingdomVanuatu

💼 Regulation

Features

💹 Interest rate on funds

💰 Bonus offers

🏆 Trading contests

📖 Free education

👩‍💼 Personal manager

📈 Managed accounts

👔 Affiliate program

🕋 Islamic accounts available

🗺 Vps

Account Information

Apart from the forex demo account, this broker offers W-CENT, W-PROFI and W-ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by World Forex is up to 1:500. Meanwhile, you can open an account with a starting capital of $1.

pin

Min Deposit

$1

pin

Max Leverage

1:500

pin

Spread

Fixed and Variable

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $1

💡 Min Position 0.1 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

📱 Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, World Forex also offers some instruments you would like to trade on, such as Forex, CFD, Binary options and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for W-CENT account, World Forex specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Binary options

Binary options

Cryptocurrencies

Cryptocurrencies
1:10


💲 Min Deposit $1

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

📱 Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, World Forex also offers some instruments you would like to trade on, such as Forex, CFD, Binary options and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for W-PROFI account, World Forex specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Binary options

Binary options

Cryptocurrencies

Cryptocurrencies
1:10


💲 Min Deposit $1

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

📱 Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, World Forex also offers some instruments you would like to trade on, such as Forex, CFD, Binary options and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for W-ECN account, World Forex specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Binary options

Binary options

Cryptocurrencies

Cryptocurrencies
1:10

Payment Methods

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

World Forex also provides payment with AdvCash, Wallet One, W1, Perfect Money, Google Pay, Dash, Credit/debit cards and Apple Pay



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, World Forex offers you MetaTrader 4 and MetaTrader 5.

Customer Support

Do you have any question or find any trouble related to World Forex? If you do, you should reach World Forex's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
English
Thai

Office Support

Email Support

Call Support

Chat Support



FAQ About World Forex

Is World Forex a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if World Forex is a good broker for you or not by reviewing the criteria. In general, World Forex provides trading service in Forex , CFD , Binary options and Cryptocurrencies . As for the payment methods, you can choose between AdvCash, Apple Pay, Bitcoin, Credit/debit cards, Dash, Google Pay, Perfect Money, QIWI, W1, Wallet One and WebMoney. The customer support is available via Callback, Email, Live chat, Phone and Web form.


What is the minimum deposit for World Forex?

The starting capital in World Forex is $1.


Is World Forex regulated?

World Forex is regulated by FSC (BVI) 1420912, The Financial Commission 21.08.2019 and VFSC 300236. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is World Forex legit?

World Forex is a brokerage company offering trading services for clients since 2007 with offices in Vanuatu.