Get the Inside Scoop on World Forex (WForex): How Do Customers Rate It?

Get the Inside Scoop on World Forex (WForex): How Do Customers Rate It? title=
3.6/5
Trading forex can be fun and exciting if you do your homework and choose a reliable forex broker.
Min. deposit
$1
Website address
Demo account
Yes
Currency
EURRUBUSD
Supported languages
EngRus
Active
Yes
Payment Methods
ADVcashApple PayBitcoin PaymentsCredit CardDebit CardGoogle WalletMastercardPerfect MoneyVisaWire Transfer
Instruments
CFD StocksCryptosDigital ContractsenergiesForexmetals
Min. trade price
0.01 Lots
Regulated By
SVGFSA
MetaTrader 4
Yes
MetaTrader 5
Yes
cTrader
No
OmniTrader
No
AlgoTrader
No
TradingView
No
Trading Central
No
Autochartist
No
eSignal
No
STP Account
No
ECN Account
Yes
DMA Account
No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
Mobile Apps
iOS, Android + Web Browser
Margin Trading
Yes
Volatility Index
No
Spot Trading
Yes
Perpetual Swaps
No
ELWs
No
REITs
No
AI / Machine Learning
No
Robo Advisor
No
P2P Trading
No
Negative Balance Protection
No
VPS Hosting
Yes
Tournaments
Yes
Demo Competitions
Yes
Managed Accounts
No
Market Maker
No
Auto Trading
Yes
Social Trading
No
Copy Trading
Yes
Trade Signals
Yes
Islamic Account
Yes
Guaranteed Stop Loss
No
Stock Exchanges
NasdaqS&P 500
Commodities
GoldOilPalladiumPlatinumSilver
Forex Trading
Take positions on a long list of forex pairs with tight spreads and low commissions.
Forex GBPUSD Spread
From 0.6
Forex EURUSD Spread
From 0.6
Forex EURGBP Spread
From 0.6
Forex Assets
53
Crypto Spread
0
Crypto Lending
No
Crypto Staking
No
Crypto Mining
No
Crypto Auto Market Maker
No
Crypto Coins
BCH, BTC, DSH, EOS, ETH, LTC, NEO, XMR, XRP, ZEC
Binary Options
Trade American and European digital contracts with high payouts up to 100%.
Expiry Times
1 minute - 7 days
Ladder Options
No
Boundary Options
No
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* The amount that will be credited to the account in the case of a successful deal

*General Risk Warning: Your capital might be at risk

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 3.6,
according to 223 reviews

4.5 Stars
Alejando D Cuesta
Alejando D Cuesta
stars
cu
I registered, I am pleased with the experience so far, very good fast customer service. When I meet the withdrawal conditions, if I'm doing well, I'll let you know

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T. Tse
T. Tse
stars
th
[Updated: 31-10-2022] [Solved] FINALLY GET MY FUND BACK! After a lot and a lot of things for me to clarify, since those supporters were, to be honest, not telling the whole things/conditions in one piece, but just providing information little by little, I was finally able to withdrawal my fund! I'm not sure whether because I posted a review here so they were actively helping me to get through this situation or not, but whatever, they allowed me to withdraw my funds eventually. I will not delete my previous comments so that everyone who comes here can understand the whole story of mine regarding this broker here. :) P.S. Changing from 1-Star to 4-Star since all trading conditions are very good but only the supports, both on the website as Online Chat and on LINE in Thailand, that I think have a room for improvement. Anyway, thank you. ░░░░░░░░░░ [28-10-2022] [Old Review] [1-Star] Unable to withdraw despite all information being verified (identity, address, bank account and telephone number) and also talking to local Thai support, without giving any reason. -- Also, Thai supporters are very unsupportive and unprofessional.

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Ajay Mclean
Ajay Mclean
stars
jm
I like the spreads but the only thing they offered 30 Mins withdrawal. I've tried out withdrawal and it turned out to be 2 banking days, which is kind of misleading. Otherwise it is a good broker.

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Khayriddin Alimuhamedov
Khayriddin Alimuhamedov
stars
uz
I have been trading with the wforex broker since 2013 and have never had any problems during this period. They always withdraw funds quickly and even on weekends. I participate in a rebyte club, where the club coefficient is already 3.60. The order execution is quite satisfactory. I recommend to everyone the company worldfofex, which has been on the market for 13 years!

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Usman Jameel
Usman Jameel
stars
ae
just gonna give it a try

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Владимир Шаталов
Владимир Шаталов
stars
ru
World Forex has a very good customer service online Responded almost instantly and really helped to solve the issue. A few days later, I received a personal letter from the company with an excellent suggestion on my question, which I had addressed a week earlier. Very good care for the welfare of customers.

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Content

Trading forex can be fun and exciting if you do your homework and choose a reliable forex broker. When it comes to the most popular brokers, finding a balance between the fees and the reliability can be tricky.

It’s important to trust your gut to avoid scams, but it’s also essential to arm yourself with accurate information.  Oftentimes, a broker with low affordable fees tends to be less reliable than a broker with higher fees. Fortunately, WorldForex (WForex) has managed to land in that happy medium.

WorldForex, or WForex, is an online Forex and CFD trading platform that is part of the HF Markets Group, which aims to establish a cohesive relationship between the regulators and brokers that helps ensure compliance with applicable regulations by working with multiple authorities in different countries.

With over 15 years of experience in financial markets, WorldForex offers low commission fees while still providing the security of a trusted broker. It is easy to fall for the slick marketing jargon of most brokers — who isn’t enticed by low/no fees? — but doing your research will help you make an educated decision and keep your funds save from unscrupulous brokers.

This is why I decided to take a look at World Forex (WForex). I have a few basic requirements for what I need in a broker, and WForex met them all.  If you’re jumping into the world of forex trading, the last thing you want is to use a platform that comes with a high minimum deposit requirement. Luckily, WorldForex has a low minimum deposit requirement of just $100.

The platform you use is also important to consider. WForex has the Meta Trader 4 and 5 Trading platforms, which are user-friendly and come with an array of powerful features such as VPS hosting, in-built indicators, automated trading tools, advanced charting and strategy tools, multiple order types and 21 timeframes, to mention a few.

To top it all off, the customer service team at WForex is attentive and knowledgeable — always ready to answer questions and help you maximize your profits.

If you are still undecided about trading forex with WorldForex, then keep reading as we examine their trading terms and features. But first, let’s give a quick overview of the broker.

Overview of WorldForex

Overview of WorldForex

WorldForex was founded in 2007 and is owned by its parent company, Existrade LTD.

Overview of WorldForex

The company has grown exponentially since its inception and now offers a full suite of financial services for customers around the world. Some of the instruments available to traders include Forex, Crypto, Metals, Indices and Commodities, to mention a few.

WorldForex is also one of the only forex brokers that offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, suitable for the demands of both novice and experienced traders. Additionally, WForex offers a variety of account types to suit different customers’ needs.

Those who are still on the fence about opening an account may be interested to know that WForex provides various promotional bonuses and trading contests for both new and existing traders.

Further reading

Trading Platforms

Trading Platforms

WorldForex operates on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the world’s most widely used trading platforms.

Both of these platforms offer a wide range of features, such as automated trading tools, 21 timeframes with advanced charting, in-built indicators, multiple order types, and VPS hosting. In terms of security, both MT4 and MT5 are renowned for their reliable encryption systems that protect customers’ funds from unauthorized access.

In addition to MetaTrader, WorldForex also comes with a proprietary web trader platform that offers a clean, user-friendly interface and is great for beginners. With WorldForex’s web trader, you can access your entire trade history and analytical objects, customizable graphs, and informative charts, among other interactive features.

Further reading

Account Types

Account Types

WForex offers several account types, and the best account for you will depend on your trading style and strategy.

Account Types World Forex

Each account features varying stop-out/margin call percentages, spreads and other features. Here is a breakdown of what to expect on some of WorldForex’s top accounts:

W-CENT

This account comes with a 5% stop out, zero commissions, a 100,000 cents contract size, spreads from 0.6 pips and access to trade currencies such as USD/EUR. You also get a 0.1 lots minimum volume per trade.

W-CENT-fix

This account type features a stop out of 5% with a contract size of 100,000 cents and spreads from 1.8 pips. Similar to the W-CENT account, you also get a minimum volume per trade of 0.1 lots, which is decent for beginners.

W-CRYPTO

This account is ideal for experienced crypto traders. It offers a safety net for traders with a stop-out set at 20%. You also get a contract size of 1-1000 coins to help you build a diverse portfolio. In addition, there are floating spreads with this account starting at 0.0 pips.

Further reading

Supported Markets and Instruments

Supported Markets and Instruments

WorldForex offers a comprehensive range of instruments across multiple markets.

You can trade around the clock on Forex, Crypto, Metals, Indices and Commodities. All of these instruments come with high-quality execution and competitive spreads.

Customer Support

Lastly, WorldForex offers excellent customer service and is available 24/7 via a range of channels such as email, live chat, and phone. The team quickly responds to inquiries and provides helpful advice on getting the most out of your trading experience.

Further reading
FAQs

FAQs

What is the minimum deposit requirement to open an account with WorldForex?

The minimum deposit requirement to open an account with WorldForex is $100.

Can I use the MetaTrader platforms with WorldForex?

Yes, World Forex offers MT4 and MT5 trading platforms for customers to use.

Is there a demo account available?

Yes, you can take advantage of a free demo account to practice and test out strategies with virtual money.

Does WorldForex offer any bonuses or promotions?

Yes, WorldForex offers various promotional bonuses and trading contests for both new and existing traders. You can check the website for more details on what is currently available.

What are the various leverage levels offered by WorldForex?

WorldForex offers a range of leverage options, including up to 1:500. The exact leverage available will depend on your account type and the instrument you are trading.

Conclusion

WorldForex is a great broker for traders of all levels. From its user-friendly web trader platform and comprehensive range of trading instruments to its competitive spreads, excellent customer support, and various bonus offerings, there are plenty of reasons why this broker is worth checking out. So why not join WorldForex today and see for yourself?

It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.

Further reading