World Forex

World Forex Review: Is World Forex Broker Good?

Broker overview and general information

World Forex  Providing Forex and CFD trading services, founded in 2007 with headquarters in the British Isles. World Forex is a registered brand name of Existrade LTD, registered in Saint Vincent and the Grenadines, company number 24441 BC 2018.

This Company is controlled and operated by the following group of companies:

• Exispro LTD: It is an international business company registered in Saint Lucia with registration number 2023-00137.

• Existrade LTD: is an international business company registered in Saint Vincent and the Grenadines with registration number 24441 BC 2018.

Broker Licensing and Regulation

If you ask whether World Forex is good or not, you have to start by considering the license factor first. From checking the information 

World Forex Products and Services

Trading products

• Forex- Traders can trade global currencies, making profits based on normal price movements and binary options, as desired by traders.

• Metal- Traders can trade precious metals such as gold, silver, and platinum on World Forex.

• Oil- Make profit from crude oil prices such as SPOT Brent 100 barrels and SPOT Crude 100 barrels 

Trading Platform

• MetaTrader 4

  The MT4 trading platform offers full functionality, sophisticated technical analysis, flexible trading systems, algorithmic trading and trading advisors, as well as mobile trading applications.
  Outstanding features

• Meta Trader 5

  The MT5 platform is a new and improved version for trading Forex, Stocks and Futures with advanced capabilities for technical analysis, algorithmic trading and strategy tester.

Both platforms can be downloaded and installed on both IOS and Android systems on PCs, laptops, tablets, and smartphones.

World Forex Account Types Review

The broker has 6 types of trading accounts as follows:

W-CENT-fix account

• Minimum deposit $5

• Fixed spread from 1.8 pips

• Leverage 1:33 - 1:1000

• Minimum Margin 0.13 USD

• MT4 / MT5

W-CENT Account

• Minimum deposit $5

• Floating spreads starting from 0.6 pips

• Leverage 1:33 - 1:1000

• Minimum Margin 0.13 USD

• MT4 / MT5

W-PROFI-fix account

• Minimum deposit $5

• Fixed spread from 1.8 pips

• Leverage 1:33 - 1:1000

• Minimum Margin 1.3 USD

• MT4 / MT5

W-PROFI Account

• Minimum deposit $5

• Floating spread 0.6 pips

• Leverage 1:33 - 1:1000

• Minimum Margin 1.3 USD

• MT4 / MT5

W-CRYPTO ACCOUNT

• Minimum deposit $5

• Spread 0 pips

• Leverage 1:1 - 1:25

• MT4 / MT5

W-DIGITAL ACCOUNT

• Minimum deposit $5

• Fixed spreads from 1.8 pips for digital contracts 0-100 only.

• Leverage -

• Minimum Margin-

• MT4

Broker deposit and withdrawal services

Internet banking services

Payment system

Promotions and bonuses

Deposit Bonus +100% and VPS Server

• Get 100% bonus when you top up your account with free VPS server every time you top up your trading account with 100 USD or more.

CASHBACK 2.0

• Unlimited bonus for depositing to trading account with amount from 100 USD.

• Activate the promotion when depositing 100 USD / Get up to 50% from the spread Get profit up to +15% for trading digital contracts

World Forex Customer Service

• Live Chat

• Line -World Forex | LINE Official Account

• Facebook -https://www.facebook.com/wforexthailand

• X -https://twitter.com/worldforex_th

World Forex Review: Pros and Cons

Pros

• There are many types of accounts.

• Supports major Thai banks

• There are many promotions.

• Low minimum deposit

Cons

• No regulatory license

• There is a commission on withdrawals.

• Limited selection of trading platforms

• Some account types have trading platform restrictions.

• There are few products to trade.

World Forex Broker Overview Summary

From all the information collected, it was found that World Forex broker has all the factors that are conducive to new traders. However, the thing to be especially careful about is that the broker does not have a license from a reliable regulatory agency, which affects its credibility.

Other disadvantages that directly affect users that should be carefully considered include: withdrawal commissions, low trading products, certain account opening conditions, and support for only one trading platform.

Frequently Asked Questions about World Forex 

1. What is the minimum deposit amount?

A - After you have made an initial deposit to your account and started using it, you can deposit as much as you want, without any restrictions.

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World Forex Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.