Existrade Limited, World Forex Corp.
Founded in 2007
Online since 2016
No regulation (St. Vincent and the Grenadines)
Are you on the search for a suitable broker to soar closer to your trading objectives? Let me introduce you to a top-class broker that has carved out a niche for itself in the world of Forex – World Forex. This comprehensive World Forex review will delve into the minutiae of what sets them apart from their competitors.
World Forex is a broker business under the management of Existrade Limited and World Forex Corp. The brand has been instrumental in the Forex trading market since its inception in 2007, moving to a fully online platform since 2016.
The uniqueness of World Forex lies in the features that make trading a breeze for both novices and experts alike:
Free Education: They offer comprehensive Forex training free of charge to their traders, perfect for beginners who wish to learn the ropes and professionals looking for more refined strategies.
Managed Accounts: World Forex goes beyond providing a platform for trades. They offer managed accounts, ensuring traders have the needed professional assistance.
VPS (Virtual Private Server): With World Forex, traders can utilize VPS services to improve their trading process and enhance security measures.
Trading Contests: Earning while learning? World Forex offers exciting trading contests frequently allowing traders to test their skills and win big.
Personal Manager: To keep your trading journey smooth, World Forex lets you have your very own personal manager for better trade management.
Bonuses: Everyone loves a good bonus! World Forex provides an avenue to earn bonuses to boost your trading capital.
The trading conditions offered by World Forex are attractive. With a minimum account size of just $1, budding traders have a golden opportunity to start their Forex journey without risking extensively.
A low spread configuration aids traders in keeping their trading cost economical. Moreover, the minimum position size set at 0.1 allows for a flexible trading approach. However, it is important to note that US traders are not allowed to register with World Forex.
While proper regulation further validates the credibility of a Forex broker, our review didn't find evidence of robust regulation for World Forex. Thus, before you invest substantially, consider this aspect carefully.
World Forex didn't provide a specific figure for their maximum leverage. Traders should reach out to their personal manager or contact their customer support for more information on this.
With an impressive average user rating of 10, World Forex emerges as a highly prolific platform for Forex trading. From low-cost trading settings to the provision of vital trading tools such as VPS and Forex education, World Forex makes a compelling case for being your trading partner.
Despite the lack of serious regulation, World Forex has sustained its position in the market, reflecting their dedication and commitment towards their trader community. Always remember to make informed decisions and happy trading!