⭐ World Forex Journal
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World Forex Profile
Website
Year
2007
Country
Saint Lucia
Branches
3
Regulation
not regulated
Registration
Saint Lucia
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iran, Iran, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Myanmar, Netherlands, North Korea, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, US
Broker type
MM, ECN marketing
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Licensed as
Unlicensed
Operating as
Principal, Matched Principal
Tier
3
Execution speed
1000 ms
LPs total
4
LPs quality
Other
LPs names
TopFX
World Forex Accounts
MM
Minimum Deposit
1 $
Leverage
1000 : 1
Minimum Lot
0.01 lots
EURUSD spread
1.8 pips
Commission
0 $/lotRT
Volume
100 lots
Margin Call
30 %
Stop Out
5 %
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Perfect Money, PAYEER, Volet, Bitcoin, Dash, Apple Pay, Google Pay
Base currency
USD, UAH, RUB, EUR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
| Update broker |
- Full listing profile: World Forex broker profile
Is World Forex safe?
- Investor protection: no
- Regulation: not regulated
- Registration: Saint Lucia
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: yes
- Negative Balance Protection: yes
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
World Forex offers all its customers:
ECN technology;
World Forex is:
Electronic Communication Network (ECN)
Minimum deposit from 1 usd
The maximum leverage of 1: 1000
Autotrading (advisers, signals)
https://wforex.com/
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
4.3. A transaction is performed by a Client at offered Bid/ Ask prices, which he/ she sees in the Client’s section window of the trading terminal. During the trading session a Client selects a desired operation and makes a request for price confirmation by a Dealer.
4.4. In case of change in price during the order completion or the market volatility growth, a Dealer is entitled to offer a new price to a Client; however, the response time may increase until a Dealer is certain about the price. If the offered price does not suit a Client, he/ she has the right to refuse from the offered price.
4.5. A Dealer is entitled to decline a Client’s request to open a position in case if a free margin is less than the margin required to secure this position.
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.
4.4. In case of change in price during the order completion or the market volatility growth, a Dealer is entitled to offer a new price to a Client; however, the response time may increase until a Dealer is certain about the price. If the offered price does not suit a Client, he/ she has the right to refuse from the offered price.
4.5. A Dealer is entitled to decline a Client’s request to open a position in case if a free margin is less than the margin required to secure this position.
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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