World Forex Review 2020

World Forex Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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World Forex Guide - Read our In Depth World Forex Review

This World Forex review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

What is World Forex?

World Forex are an a global online financial trading platform and multi asset broker founded in 2008

Over 12 years later World Forex has grown to offering retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.

World Forex are a global broker and have a head office in Vanuatu.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this World Forex review and assess how well the World Forex platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like World Forex can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of World Forex we breakdown the pros and cons. What World Forex are able to offer, what countries World Forex are available in. Who World Forex are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this World Forex review useful.

This review of the World Forex platform is very detailed. If you are interested in trading with World Forex in any capacity please take the time to read and research the whole World Forex review.

We have tried to explain the ins and outs of financial trading through the World Forex platform as plainly as possible so that you the trader are as informed as possible before you start to use the World Forex trading tools and depositing and withdrawing funds from World Forex.

Benefits of trading with World Forex

Open World Forex's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with World Forex like Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. you should have confidence in World Forex and know that the management of your financial investments on the World Forex platform is in good hands.

At the bottom of this World Forex review you can also learn about some pretty good alternatives to World Forex

With this World Forex review we hope to help you see if World Forex is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding World Forex that will help you get off to a good start in the world of online trading.

World Forex Review Table of Contents

World Forex review
World Forex is a Multi-Assets Trading Platform with over 260+ Assets

Learn more about World Forex. World Forex is a multi asset platform with 260+ tradable Assets. Assets available on World Forex include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

World Forex trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.

World Forex review
Features of World Forex

World Forex review
What you should know

World Forex offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

With World Forex you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with World Forex platform.

World Forex are able to accommodate various levels of traders whether you are experienced or a beginner.

World Forex review
Are World Forex safe?

When choosing a broker like World Forex the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 years World Forex have a head office in Vanuatu.

World Forex is regulated. This means World Forex are supervised by and is checked for conduct by the Vanuatu Financial Services Commission (VFSC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to World Forex, this will be honored. If World Forex violate any regulatory rules their regulated status could be stripped.

World Forex review
Is my money safe with World Forex?

Any payments funded to World Forex accounts by traders are held in a segregated bank account.

For added security World Forex use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should World Forex use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in World Forex deposited in a Tier 1 bank?

Having any money you deposit with World Forex means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if World Forex goes out of business for some reason.

Therefore, we can safely conclude that World Forex is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. World Forex also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding World Forex. let us look at the World Forex features in more detail.

Try creating two accounts when you are working with World Forex. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit World Forex

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How World Forex as a Company Compare Against Other Brokers

Broker worldforex eToro IC Markets XTB
Year Established 2008 2006 2007 2002
Head Office Vanuatu Cyprus, UK Australia Poland
Regulation Vanuatu Financial Services Commission (VFSC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ World Forex users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit World Forex Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

World Forex review
World Forex Pros and Cons

What we like about World Forex

  • Used by over 10,000 World Forex users and traders
  • Established in 2008
  • Regulated by Vanuatu Financial Services Commission (VFSC)
  • Min. deposit from $100

What we don't like about World Forex

World Forex review
World Forex Regulation and Licensing in more detail

We have checked and World Forex is regulated and supervised by reputable organisations. You are able to check every World Forex supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with World Forex. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect World Forex traders and provide a safe trading environment.

World Forex is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as World Forex you should be sure they're legitimate online agent.

World Forex review
Is World Forex Global?

Yes, World Forex is global as World Forex is available in over 194 countries.

World Forex is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries World Forex covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. World Forex has a total of more than 10,000 users.

World Forex review
World Forex Fees Explained

  • World Forex withdrawal fees varies on payment method
  • World Forex does charge a fee for inactive accounts.
  • World Forex does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How World Forex Fees Compare Against Other Brokers

Broker worldforex eToro IC Markets XTB
Min Deposit 100 200 200 0
Withdrawal Fees $20 Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

World Forex review
World Forex Minimum Deposit

World Forex require a minimum desposit of 100 GBP/USD when opening an World Forex trading account.

A minimum deposit is the minimum amount of money required by World Forex to open a new online brokerage account with them.

Dont be scared off by brokers like World Forex charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

World Forex review
World Forex Withdrawal Fees

World Forex withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

World Forex for example allow you to withdraw your funds to Bank cards, Internet banking, WebMoney, Yandex, Money, QIWI, PAYEER, Perfect Money, ADVCash, Bitcoin, Dash, Google Pay, Bank Wire transfer.

World Forex review
World Forex Inactivity Fees

World Forex does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

World Forex review
World Forex Desposit Fees

World Forex does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

World Forex review
World Forex Commission Fees

World Forex does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

World Forex review
What can you trade with World Forex?

Be aware that Different entities under World Forex Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with World Forex over 260 instruments infact.

If you are looking at trading currency pairs World Forex offer over currency pairs.

Compare World Forex with eToro and IC Markets below.

Your capital is at risk

How World Forex Trading Options Compare Against Other Brokers

Broker worldforex eToro IC Markets XTB
Instruments Available 260 2000 232 4000
Platforms Android Apps,iPhone/iPad,Desktop Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares Yes Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit World Forex
Your capital is at risk
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

World Forex review
Trading on World Forex web platforms and other applications

World Forex offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

An World Forex IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

World Forex also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See World Forex's platforms

World Forex review
Is the World Forex Trading Platform Secure?

World Forex safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. World Forex also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating World Forex.

World Forex review
World Forex Trading Platform Options

World Forex does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

World Forex offer an their own custom trading platform developed and tested in house. The World Forex trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. The World Forex platform allows traders to filter the financial marketplace for trade opportunities that match a criteria. With World Forex you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the World Forex platform including news and quotes. Discover possible trades with the strong charting tools found with World Forex. World Forex is available as downloadable applications or online through the cloud. Monitor your orders with World Forex and receive breaking news in your positions.

World Forex Trading benefits :

  • Allows scalping
  • Offers STP
  • Low min deposit

World Forex Trading Accounts Offered :

  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • STP account
  • Islamic account

Can I try World Forex before I buy?

World Forex offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

World Forex withdrawal and funding methods.

Please note that the list of World Forex payment methods below depend on the World Forex Entity and the Clients Country of Residence.

World Forex offer the below funding payment methods. learn more about World Forex

World Forex Payment Methods

  • World Forex accepts Bank cards
  • World Forex accepts Internet banking
  • World Forex accepts WebMoney
  • World Forex accepts Yandex
  • World Forex accepts Money
  • World Forex accepts QIWI
  • World Forex accepts PAYEER
  • World Forex accepts Perfect Money
  • World Forex accepts ADVCash
  • World Forex accepts Bitcoin
  • World Forex accepts Dash
  • World Forex accepts Google Pay
  • World Forex accepts Bank Wire transfer
Broker worldforex eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No Yes
Neteller No Yes Yes Yes

How can I start trading with World Forex?

When opening a trading account with World Forex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on World Forex trading platforms here.

Your capital is at risk

Performing trades with World Forex

World Forex allow you to execute a minimum of trade of varies. This may vary depending on the account you open. World Forex allow you to execute a maxium trade of varies. As World Forex offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

World Forex Leverage and World Forex CFDs Explained

let's take a look at some of the basics of using World Forex leverage.

World Forex offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

World Forex leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the World Forex trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The World Forex leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

World Forex CFDs are typically used for short to medium term trades. For example World Forex intraday trading.

Education resources at World Forex

To trade effectively with World Forex, it's important to get a have a good understanding of the World Forex trading tools and the markets.

World Forex offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with World Forex.

Take time to look around the World Forex platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at World Forex

World Forex support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

World Forex have a B grade support rating because sometimes the reposonse was slow or our query wasnt answered. World Forex offer email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at World Forex

We tested the World Forex live chat and it works well. We sent messages to World Forex livechat through their app and website and recieved a response within 20 minutes.

We tested communicating with World Forex support in multiple languages in multiple countries. World Forex where able to resolve our customer issues.

Email Support at World Forex

We sent several emails to World Forex and answer times overall were excellent. The fastest response from World Forex was less than 40 minutes and the slowest response was 2 days. Support response times may vary for you with World Forex, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from World Forex.

Phone Support at World Forex

We called World Forex and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The World Forex phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual World Forex team by calling in varying languages. World Forex made an effort to make sure our queries were answered.

Overall the phone support from World Forex was average.

See how World Forex Support Compares Against Other Brokers

Broker worldforex eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit World Forex Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with World Forex

As World Forex is regulated by Vanuatu Financial Services Commission (VFSC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under World Forex Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore World Forex's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with World Forex you can visit the World Forex trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://wforex.com/ on November 26, 2020.

World Forex review
Is World Forex A Good Broker?

We spent over 3 months examining World Forex in depth. Although we found some very useful aspects of the World Forex platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative World Forex broker.

  • World Forex have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
  • World Forex has a history of over 12 years.
  • World Forex has a reasonable sized customer support of at least 10.
  • World Forex are regulated by Vanuatu Financial Services Commission (VFSC). This means World Forex fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • World Forex have regulation from a Tier 1 reputable country.
  • World Forex has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • World Forex have an international presence in multiple countries. This includes local World Forex seminars and training.
  • World Forex are able to hire people from various locations in the world who can better communicate in your local language.

World Forex Risk Disclaimer

Your capital is at risk

World Forex review
World Forex not quite right?

If after reading this World Forex review, World Forex does not fulfill your needs check out these World Forex Alternatives.

Click here to view the best World Forex Alternatives

We have spent years researching the best alternatives to World Forex. Click the links below to learn more.

If you feel some of the above World Forex are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of World Forex alternatives below.

World Forex review
Related World Forex Vs Comparisons

We have covered allot in this World Forex review, If you want to see how World Forex compares side by side with other brokers check out our World Forex Vs pages.

If you would like to see how World Forex stands up against other brokers you can read some of our World Forex comparisons below. We compare side by side some of our top rated World Forex versus comparisons. Read our indepth World Forex VS pages below.

World Forex review
WORLD FOREX Frequently Asked Questions

Can I try World Forex before I buy?

World Forex offer a demo account so you can try the World Forex platform before you put down a payment. Learn more here

What funding methods do World Forex accept?

Please note that the list of payment methods below depend on the World Forex Entity and the Clients Country of Residence.

World Forex offer the following funding payment methods Bank cards, Internet banking, WebMoney, Yandex, Money, QIWI, PAYEER, Perfect Money, ADVCash, Bitcoin, Dash, Google Pay, Bank Wire transfer, among other payment methods.
Learn more here

Your capital is at risk

Is World Forex safe?

World Forex are considered safe as they are regulated by and checked for conduct by the Vanuatu Financial Services Commission (VFSC). Any payments funded to World Forex accounts by traders are held in a segregated bank account. For added security World Forex use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is World Forex trading good?

World Forex is considered good and reputable to trade with World Forex. World Forex is used by over 10000 active traders and World Forex users. World Forex offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with World Forex is 100.

Is World Forex trading Legit?

World Forex was founded in Vanuatu in 2008. World Forex has been facilitating trade on the financial markets for over 12 years. World Forex offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to World Forex are held in segregated tier 1 bank accounts for security. World Forex is regulated by Vanuatu Financial Services Commission (VFSC) so can be considered legit.

Is World Forex a good broker?

World Forex is overseen by the top tier financial regulators Vanuatu Financial Services Commission (VFSC) so can be considered a good broker. World Forex allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.

Is World Forex trustworthy broker?

World Forex can be considered trustworthy. All money funded to World Forex is placed into a segregated tier 1 bank account. this means your money in not held by World Forex directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also World Forex is regulated by Vanuatu Financial Services Commission (VFSC).

What is the minimum deposit for World Forex?

The minimum deposit to trade with World Forex is 100.

How long do World Forex withdrawals take?

Withdrawing money from World Forex processing time varies but averages 2-5 days.

Is World Forex regulated?

World Forex is regulated by Vanuatu Financial Services Commission (VFSC).

Is World Forex a market maker?

World Forex is a market maker. Stocks, currency and other commodities and instruments will be purchased by World Forex even if no buyer is lined up.

How can I start trading with World Forex?

When opening a trading account with World Forex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on World Forex trading platforms here.

Is my money safe with World Forex?

World Forex is regulated by Vanuatu Financial Services Commission (VFSC). One of the most important criteria for traders when choosing a broker like World Forex is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to World Forex, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is World Forex a con?

World Forex is regulated and well established having been in business for over 12 years. World Forex is definitely not a con.

Can you make money with World Forex?

Although traders have had great success with World Forex. Trading on the financial markets with World Forex is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does World Forex have fees?

World Forex withdrawal fees varies on payment method. World Forex does charge a fee for inactive accounts. World Forex does charge deposit fees.

When was World Forex founded?

World Forex was founded in 2008.

How many people use World Forex?

World Forex is used by over 10000 registered World Forex users.

What is World Forex Headquarters country?

World Forex has its head quarters office in Vanuatu.

Does World Forex offer negative balance protection?

World Forex does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does World Forex offer guaranteed stop loss?

World Forex does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does World Forex allow scalping?

World Forex offers scalping.

Does World Forex allow hedging?

World Forex does not offer hedging.

Does World Forex offer CFD trading?

World Forex offers CFD trading.

Does World Forex offer STP?

World Forex offers STP trading.

How many people use World Forex?

World Forex is used by over 10000 World Forex users and traders.

Is World Forex an ECN broker?

World Forex offers ECN trading.

Does World Forex offer a demo account?

World Forex offers a demo account.

Does World Forex offer an Islamic account?

World Forex offers a Islamic accounts.

What are the funding methods for World Forex?

World Forex accept the following funding methods : Bank cards, Internet banking, WebMoney, Yandex, Money, QIWI, PAYEER, Perfect Money, ADVCash, Bitcoin, Dash, Google Pay, Bank Wire transfer.

World Forex review written by Andrew Blumer and Mark Hansen

We hope you found our review of the World Forex brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

World Forex review written by Mark Hansen of Comparebrokers.co