World Forex Journal

Journal status: live
World Forex joined in | not yet
World Forex Profile
Website
Year
2007
Country
BVI
Branches
3
Regulation
VFSC Vanuatu
Registration
FSA SVG, Financialcommission.org
Investor protection
Fund protection
Financialcommission.org
Publicly traded
no
Restricted countries
Not serving
х US
Broker type
MM, STP, ECN marketing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

World Forex Accounts
MM
DMA
Minimum Deposit
1 $
1 $
Leverage
1000 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
2 pips
0.2 pips
Commission
0 $/lotRT
0 $/lotRT
Volume
10 lots
10 lots
Margin Call
...
...
Stop Out
5 %
40 %
Execution
Instant
Market
Spread
fixed
floating
Scalping
no
no
Update broker

Is World Forex safe?

  • Investor protection: Financialcommission.org
  • Regulation: VFSC Vanuatu
  • Registration: FSA SVG, Financialcommission.org
  • Publicly traded: no
  • Segregated account: ...
  • Guaranteed Stop Loss: yes
  • Negative Balance Protection: no

Is World Forex trusted?

  • Information transparency: limited ★★
  • Customer service: prompt, helpful ★★★★★
  • World Forex website: uninformative, updated ★★
  • World Forex popularity (by visitor count): low visits ★★

How World Forex works

ECN (Electronic Communications Network) – is a system of orders execution that excludes the conflict of interest between a broker and traders.

Trading with the use of ECN and STP technologies is performed owning to the placing the client’s orders in the single order book where the appropriate orders matching system operates that allows automatically to execute reverse trading orders in case of the coincidence of their parameters such as asset, volume, price.

https://wforex.com/ecn

4.6.3. The Company is entitled to increase the Limit & Stop levels parameter for the financial instruments orders up to 20 points during the essential financial news release.

4.12. A Client agrees that the Company has the right to cancel the trading result of the Client’s transactions in case of systematic use of the strategy when the time period between opening and closing an order (or opening a hedge, fully or partially locking order) does not exceed two minutes.

https://wforex.com/about/agreement

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