WorldForex (WForex) Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • MT4
  • WebTrader
  • Mobile terminal
Regulation:
  • The Financial Commission
Bonus for deposit:
  • 10%

WorldForex (WForex) Review 2024

Updated: January 30, 2024
Updated: January 30, 2024
Your capital is at risk.

6.94

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • MT4
  • WebTrader
  • Mobile terminal
Regulation:
  • The Financial Commission
Bonus for deposit:
  • 10%

Note!

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Summary of WForex Trading Company

WForex is a moderate-risk broker with the TU Overall Score of 6.94 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by WForex clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews. WForex ranks 42 among 396 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

WForex is suitable for traders of all levels from beginner to professional traders.A comprehensive set of tools allows all trades to make the most of their funds for profitable trading.

WForex is a broker operating on the market for 12 years. The company carries on its activity in 50 countries in the world. It is a member of the Financial Commission for Dispute Resolution in the field of financial services in the international exchange market. World Forex coops with front developers, introducing modern tools that provide traders with safe and uninterrupted trading. The company is admitted as the best Forex digital contract broker.

💰 Account currency: USD, EUR
🚀 Minimum deposit: Form $1
⚖️ Leverage: W-Cent, W-Profi, W-Instant: 1:33 — 1:1000; W-ECN: 1:50 — 1:500; W-Crypto: 1:1 — 1:25. The amount depends on the amount of the own funds on the deposit.
💱 Spread: W-Cent, W-Profi — fixed from 1,8 pips; W-Instant — fixed from 2 pips; W-ECN — floating from 0,2 pips; W-Crypto — floating from 0
🔧 Instruments: Currency pairs, cryptocurrencies, metals, oil, shares, digital contracts
💹 Margin Call / Stop Out: 20% / 5%

👍 Advantages of trading with WForex:

  • bonus 100% for replenishment;
  • commissions compensation when depositing;
  • low barrier for entry — you can deposit $1;
  • Safe-box account — high interests for trader's funds, free-and-easy converting and cash transferring between your trade accounts according to official bank rates;
  • making transactions with ECN/STP technologies avoid a conflict of interest between the broker and the trader;
  • auto trading is available;
  • wide range of replenishment and withdrawal systems;
  • own developed course "Forex Guide for the trader";
  • the ability to trade digital contracts provides a potential profit of 100%.

👎 Disadvantages of WForex:

  • no search box on the website;
  • there is no forum for communication between traders, but you can use the Traders Union forum, where traders from all over the world communicate;
  • the support service may take several hours to respond
  • the training section can be amended with video courses and training articles.

Evaluation of the most influential parameters of WForex

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

6.57

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

6.21

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

7.03

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

8.75

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

4.29

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

8.31

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

5.53

/10

Trade with this broker, if:

  • You seek the opportunity to trade with high leverage up to 1:1000 and a low minimum deposit requirement of $1.
  • You are interested in trading binary options, and WForex provides a dedicated platform and account for this specific type of trading.

Do not trade with this broker, if:

  • You are concerned about the reliability and regulation of this broker. WForex is registered in an offshore jurisdiction and has a poor reputation among traders.
  • You prefer to trade with a broker offering competitive and transparent pricing. WForex charges high spreads and commissions, along with certain hidden fees and charges.

Geographic Distribution of WForex Traders

Popularity in

68.51%
RU
Russian Federation
16.82%
UA
Ukraine
4.15%
TH
Thailand
2.82%
BY
Belarus
2.45%
UZ
Uzbekistan
2%
KZ
Kazakhstan
1.6%
BR
Brazil
1.1%
AU
Australia
0.22%
MX
Mexico
0.18%
AE
United Arab Emirates
0.15%
Others
Others

Video Review of WForex i

WForex Latest Comments for 2024 i

54 comments
Total score:
5 /10
  • Best
  • Last
  • Oldest
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reza

WorldForex can be characterized as a decent broker offering a full range of services necessary for comfortable trading. There are some drawbacks, but they are not critical. For example, the absence of a loyalty program, occurrence of slippage during periods of strong market movement, and several other shortcomings. Overall, WorldForex provides decent trading conditions.

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joko

I've encountered issues with the trading terminal at WForex. Several of my trades were closed prematurely, even though they hadn't reached the stop-loss level yet. I reached out to customer support and waited for a response for about five days, but the problem remained unresolved. No one even started addressing it; they just declared it a technical glitch. Therefore, I don't recommend trading with WForex!

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hamid

The Wforex broker has some trading issues. The terminal often lags, the platform may experience difficulties, and sometimes orders fail to open. The customer support also leaves much to be desired – they may not respond to inquiries or provide standard answers. Withdrawals also take a considerable amount of time, sometimes up to 15 days. As a result, I decided to close my account on the Wforex platform.

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weldone

In the last few months of trading with WorldForex, I've come to realize that I urgently need to change brokers. This is because I withdraw my money approximately once or twice a month. There used to be no issues with fund withdrawals. However, now WorldForex has started delaying fund withdrawals by several weeks. I don't know what this is related to, but the broker is failing to fulfill its obligations to clients.

Responses to a comment
UlunKito to weldone

In WorldForex company, withdrawals take a very long time. I received my deposit only after a month. Fortunately, they eventually processed the withdrawal.

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ArditSpahiu

My trading with WForex ended in a complete loss of my capital. I had $2,000 in the account, plus I was able to increase it by another $400. I only withdrew $150 to my bank card. After withdrawing funds, I continued trading. Trades were opened on the EUR/JPY and GBP/JPY pairs. Neither take profit nor stop loss worked for me. Although these levels have been set. I was not near the computer, so I was not able to close my trades. The support service said that I didn’t do anything myself and refused to refund my losses. I will try to get my money back from WForex through the court.

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shuvo0904

The trading terminal of WForex functions very poorly. It needs to be frequently restarted for the information to be displayed correctly. Additionally, the indicators I use for technical analysis sometimes disappear from the terminal window. I have contacted WForex support multiple times, demanding that they fix the terminal's performance, but the issues persist.

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ranand92

I had $5,000 in my WForex account. Two weeks ago, I received a notification that access to my user account was blocked due to suspicions of money laundering, citing one of their policies. I asked to close open positions, but my request was ignored. Now I fear that there is almost nothing left of my deposit. Be careful when considering opening an account with WForex.

Responses to a comment
ldkanish to ranand92

Your concerns are justified. Nobody in WorldForex will close your trades when your account is blocked. I also had my account blocked with open trades. Thankfully, with the stop-loss in place, I didn't lose all my money. I have discontinued my collaboration with WorldForex.

Expert Review of WForex

WForex has proved to be a reliable partner over a long period within the Forex Market and is a relatable partner of the Traders Union. forex sets a low barrier for entry, makes it possible to work with digital contracts and binary options, and compensates commissions of payment systems when replenishing an account. The company is in demand among traders due to favorable working conditions, frequent contests, and a loyalty program.

WForex creates a comfortable environment for novice traders. There is an opportunity to get free training on Forex trading, a training account is offered for working out strategies. In addition to MetaTrader 4 or WebTrader, traders can work through the application for iPhone/iPad or Android.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of WForex’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

World Forex broker provides modern tools for comfortable work: VPS-server, ECN-account, auto trading option. Traders registered with a broker can profit not only from trading, but also from the trading volumes of the participants attracted by them.

The WForex Rebate Club Program — offering traders more opportunities to earn

Customer motivation is the principal priority of the WForexBroker Rebate Club Program. Each participant registered with the broker can adjust the accrual rate for transactions, to earn club points for volume. There are no restrictions on how the points can be used. This means traders can redeem and withdraw them as cash, continue to trade with them, increase margin opportunities or exchange for bonuses.

The amount of points accrued depends on the following factors that are taken into account when calculating points:

  • profile age (Age Factor);

  • trading history (Volume Factor);

  • funds amount (Amount Factor) — on all profile accounts.

The value of the points is calculated daily and valid exactly one day before the next calculation.

Auto trading through "Trading signals" - copying transactions of successful brokers

WForex gives traders the option to copy successful transactions of professional traders - signal providers, to which their less experienced colleagues subscribed, thanks to the use of auto trading. It is allowed to connect to any signal provider. You can test all the features on a demo account.

Important!

If you are a large investor and plan on investments over $ 10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

World Forex affiliate program

You do not have to be a professional in trading to become a WForex partner. Now you can earn up to 85% of the spread on the turnover of traders attracted by participating in an affiliate program.

WForex offers 3 options for Affiliate Partner Programs:

  • Internet-partner;

  • YouTube-partner;

  • Representation.

You need to open your account and have a look at the conditions offered to become a broker partner. The program aims to attract new traders by publishing a broker affiliate link on their Internet resources. The partner gets a reward for each referral attracted. A calculator with calculations and a history of affiliate payments calculating are available in your account.

CASHBACK CLUB Loyalty Program

The program allows you to receive cashback up to $25 in real funds per 1 lot for performing trading operations.

Trading Conditions for WForex Users

WForex offers favorable conditions for both beginner and professional traders. The broker strives to provide premium services, clearly fulfilling its promise of reliability. An additional advantage for traders is the ability to open an account in national currency, as well as work with digital contracts.

$1

Minimum
deposit

1:1000

Leverage

24/5

Support

💻 Trading platform: MT4, WebTrader, Mobile terminal
📊 Accounts: W-Cent, W-Profi, W-Instant, W-ECN, W-Crypto, W-Digital
💰 Account currency: USD, EUR
💵 Replenishment / Withdrawal: Bank cards, Internet-banking, pay terminals, e-payments
🚀 Minimum deposit: Form $1
⚖️ Leverage: W-Cent, W-Profi, W-Instant: 1:33 — 1:1000; W-ECN: 1:50 — 1:500; W-Crypto: 1:1 — 1:25. The amount depends on the amount of the own funds on the deposit.
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: W-Cent, W-Profi — fixed from 1,8 pips; W-Instant — fixed from 2 pips; W-ECN — floating from 0,2 pips; W-Crypto — floating from 0
🔧 Instruments: Currency pairs, cryptocurrencies, metals, oil, shares, digital contracts
💹 Margin Call / Stop Out: 20% / 5%
🏛 Liquidity provider: -
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: W-Cent — Instant Execution, Market Execution; W-Profi, W-ECN, W-Crypto — Market Execution; W-Instant — Instant Execution
⭐ Trading features: Lack of swaps on accounts for Muslims; Digital contract trading; Loyalty and bonus program; VPS server.
🎁 Contests and bonuses: The bonus of $100 when depositing from $100; return of commission for depositing; contests on demo-accounts
Your capital is at risk.

Comparison of WForex with other Brokers

WForex RoboForex Exness FxPro XM Group InstaForex
Trading
platform
MT4, WebTrader, Android, iPhone, MAC platform MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MobileTrading, MT5, cTrader, FxPro Edge MT4, MT5, MobileTrading, XM App MT4, MultiTerminal, MobileTrading, MT5, WebTrader
Min deposit $1 $10 $10 $100 $5 $1
Leverage From 1:33
to 1:500
From 1:1
to 1:2000
From 1:1
to 1:2000
From 1:1
to 1:500
From 1:1
to 1:30
From 1:1
to 1:1000
Trust management No No No No No Yes
Accrual of % on the balance No No No No No No
Spread From 0.2 points From 0 points From 1 point From 0 points From 0.6 points From 0 points
Level of margin call
/ stop out
20%  /  5% 60%  /  40% No  /  60% 25%  /  20% 100%  /  50% 30%  /  10%
Execution of orders Market Execution, Instant Execution Market Execution, Instant Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus No No No No No No
Cent accounts Yes Yes No No Yes Yes

Broker comparison table of trading instruments

WForex RoboForex Exness FxPro XM Group InstaForex
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
Indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF Yes Yes No No No No
Options Yes No No No No No

WForex Commissions & Fees

Information
Traders Union analysts examined the conditions offered by the World Forex broker to identify hidden trading and non-trading commissions. A spread was chosen as the basis for assessing the trading commission, and a withdrawal fee was analyzed to determine the non-trading commission. The replenishment fee is absent in all accounts.
Account type Spread (minimum value) Withdrawal commission
W-Cent From 1.8$ Yes
W-Profi From 18$ Yes
W-Instant From 20$ Yes
W-ECN From 2$ Yes

There are no hidden commissions. There is a commission for transferring transactions to the next day (swap) in W-Instant and W-ECN accounts, and W-Cent and W-Profi accounts have swap free. The size of WForex trading commissions was also studied and a comparative analysis was carried out with similar indicators of the main competitors. Each broker was assigned a result depending on the amount of the commission: low, medium, high.

Broker Average commission Level
WForex $10.4 High
RoboForex $1 Low
Pocket Option $8.5 Medium
Logo WForex
$10.4
$1
$8.5

Detailed Review of WForex

World Forex broker is popular among traders all over the world. The main advantages of the company are transparent terms of contracts, improvement of trading conditions and the introduction of modern solutions. The broker is an active member of the international financial commission, which guarantees traders quick disputes resolutions, as well as insurance reimbursement of funds from the compensation fund.

Important factors for beginner traders when considering WForex:

  • 350,000 clients from 50 countries use the broker’s services;

  • WForex was recognized as the best Forex broker for trading digital contracts in 2015;

  • became the best trading platform of the year for Forex trading and digital contracts according to LE FONTI in 2017.

World Forex is the best broker for active and passive investment

WForex shows reliability and stability. Traders can choose MetaTrader 4 or WebTrader for trading. Working with metals, cryptocurrency, currency pairs, digital contracts makes it possible to maximize the use of modern trading to make a profit.

Useful World Forex Services:

  • calendar of events;

  • trading schedule;

  • company news feed with current information.

Advantages:

1

it may be possible to work with digital contracts;

2

auto trading service;

3

VPS-hosting;

4

an order executed licensed;

5

availability of accounts for Muslims;

6

withdrawal of funds not only on business days but also on weekends.

How to Start Making Profits — Guide for Traders

World Forex offers to open several types of accounts that are suitable for different needs of traders. You can choose a different currency of account: USD, EUR. Accounts can be for Forex trading, as well as for digital contracts and cryptocurrencies.

Types of accounts:

Account Type
Description
W-Cent
is a cent account, suitable for both novice traders and professionals who do not like to take risks. The minimum deposit is $1, a fixed spread is 1.8 pips;
W-Profi
is the most popular type of account, suitable for professionals.  The account could be open in such currencies as USD, EUR and also in national currencies:
W-Instant
is an account with instant orders executions. Spread from 2 pips, the minimum deposit is $1;
W-ECN
is an account for working with a transaction execution system that excludes a conflict of interest between a broker and traders. 35 currency pairs, 4 metals, oil are available. Low spreads;
W-Crypto
is an account for trading cryptocurrency. Leverage is from 1:1 up to 1:25, the minimum contract step is 0.01 coin;
W-Digital
is an account for digital contracts. The minimum deposit is $1, the maximum investment is $300.

It is recommended to open a demo account so that you can practice first without financial risks before you begin trading with real money.

WForex enables its trader’s development by providing tools and opportunities to implement professional skills.

Bonuses Paid by the Broker

Bonus +100%

Bonus +100% with each replenishment of account with the amount of $ 100.

Return of commission for account replenishment

WForex Rebate Club

WForex Rebate Club— cashback up to $12 per 1 lot is charged.

Contest for demo accounts

Contest for demo accounts with the opportunity to win up to $1400.

Investment Education Online

Information

A special section "For Beginner Traders" has been created on the company's website and contains useful information for novice traders. WForex has developed a “Forex Guide for Trader” full course, which is freely available. The knowledge base and terminology dictionary are in the “Help” tab.

The information available in the "Training" section
Unavailable information on the WForex website
Where To Start?
The training comprises only Forex
Information about Forex
 
Educational account
 
References
 

 To make the training as effective and understandable as possible, it is recommended to proceed with all information received on a training account. You can open training accounts: Profi, ECN, Digital.

Security (Protection for Investors)

Information

World Forex brand belongs to the Existrade Ltd brokerage company. The company's activities comply with all international standards for the provision of financial and brokerage services, which is confirmed by the FSA commission (registration number 24441).

WForex broker is a member of The Financial Commission. This organization provides the pre-trial, impartial resolution of disputes and conflicts between its participants and customers. Under the established rules, the work of all traders is protected by a compensation fund in the amount of up to EUR 20,000 per claim. All disputes shall be resolved with the help of The Financial Commission experts within seven days.

Every month, World Forex is under an audit and certification of VerifyMyTrade orders. Successful completion of the audit and obtaining a certificate means that the quality of execution of the broker's orders is as close as possible to the reference market execution.

👍 Advantages

  • Quick financial disputes resolution
  • Quality control of order execution
  • Insurance coverage for financial claims of traders
  • Money laundering prevention

👎 Disadvantages

  • Regulator license is issued only to the management company

Withdrawal Options and Fees

  • WForex Company withdraws funds not only on business days but also on weekends.

  • Applications for funds  withdrawal on business days are considered up to 30 minutes.

  • Various systems can be used to withdraw funds. Bank cards: Visa, MasterCard, Wire Transfer, electronic payment systems: WebMoney, Ok pay, Perfect Money, ADVCash, Bitcoin, Dash.

  • No commission is charged when withdrawing funds through Dash, for other systems the size of the commission varies from 0.5% to 4%.

  • Withdrawal in World Forex is available in such currencies as USD, EUR.

Customer Support Service

Information

Customer service is available around the clock Service is available in 5 languages. You can contact us at any time.

👍 Advantages

  • Twenty-four/seven operation
  • online chat
  • Callback form
  • Multilingual support service
  • You can send a letter directly to the finance department or administration

👎 Disadvantages

  • Long-time response to written requests

You can use several communication channels to ask a support question:

  • call the phone number specified in the contacts;

  • send a letter to the mail;

  • fill out a callback form, and specialists will call you back within 30 seconds;

  • ask a question in the online-chat;

  • to full the contact form;

Contacts

Foundation date
Registration address World Forex Corp. Company number 142019, BVI Business Companies Act, 2004. BVI . R.G. Hodge Plaza 3rd Floor, Road Town, Tortola, British Virgin Islands
Regulation
Official site
Contacts
Your capital is at risk.

Review of the Personal Cabinet of WForex

You have to register in the system and set up your account to work with a broker: The registration process takes only a few minutes.

1

You can log into the system from the broker's main page by clicking the "Login" button.

WorldForex Review - Official website
WorldForex Review - Official website
WorldForex Review - Official website
2

To pass authorization, you must select one of the methods offered or register by specifying the current e-mail and inventing a password.

WorldForex Review - Registration
WorldForex Review - Registration
3

In the WForex account, the trader can access all the information regarding his work. Through your personal account you can:

1. Open trade accounts.

WorldForex Review - Real accounts
WorldForex Review - Real accounts

2. Track the replenishment and transfer of funds history.

3. Open a personal account from which you can instantly transfer funds to different trading accounts.

WorldForex Review - Client Account
WorldForex Review - Client Account

4. Track bonuses.

WorldForex Review - Bonuses
WorldForex Review - Bonuses

5. Check rebate club bonuses.

1. Open trade accounts.

WorldForex Review - Real accounts
WorldForex Review - Real accounts

2. Track the replenishment and transfer of funds history.

3. Open a personal account from which you can instantly transfer funds to different trading accounts.

WorldForex Review - Client Account
WorldForex Review - Client Account

4. Track bonuses.

WorldForex Review - Bonuses
WorldForex Review - Bonuses

5. Check rebate club bonuses.

Your accounts contains many functions and convenient services:

  • quotes of major currencies and metals;

  • latest market reviews and company news;

  • partner’s office, etc.

Disclaimer:

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

User Reviews of WForex i

Register on the website and sign in to submit a review about your experience of working with a broker. Everyone is welcome to post a review.

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4644303

Every morning I start with WForex analytics. Usually, no one pays attention to it, but it helps dramatically to understand what changes in the market will be today. I have been working with a broker for six months now, and have been trading steadily for the last three months. Binary options after Forex turned out to be more understandable, and the trading platform was more functional. I’ve noticed a large number of positive rates and the withdrawal of my money wasn’t a time-consuming process. I hope that these conditions will remain in the future because I plan to make this broker a major income.

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Adeelyounas38

I am a fairly new trader but with WForex I quickly figured out how to trade on their platform. The interface is simple, and the support service helped me a lot when there were some severe difficulties. Money is withdrawn quickly; everything suits me ideally.
When I started only a month ago, I didn't quite understand the essence of trading, but there were educational materials provided on their website that helped me.Their technical support also is very prompt and always resolves my issues quickly. I did not observe any problems with withdrawing money and in general, I’m over the moon!

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Danieljax

Broker WorldForex deceives its clients. I was offered a $1000 account with spreads around zero. In fact, the spreads widen so that an open order can be closed by a stop loss. Imagine, the stop loss is at 50 pips, and the spread is widened by 63 pips. It's impossible to trade like that! WorldForex scam!

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karinlb2

WForex has a disgusting terminal. Communication with servers disappears daily. The usual MT4, but unusually slow. The order may freeze when opened, and when it appears in the history, the price will be far from what you need. Plus, slippage in the WForex terminal is a common thing. I do not recommend dealing with this office.

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Yuriydype

I strongly do not recommend cooperation with WForex. Withdrawals take a very long time. Constant failures in the payment system. Honestly. already tired with their apologies. An application for withdrawal can hang for a month, and no one processes it. Then, when you start writing letters many times, calling, writing negative reviews on various resources, only then does WForex begin to respond.

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AndrewGERY

This is a complete scam! WorldForex took a very long time to credit my account balance - it took almost three weeks. Moreover, after a month of profitable trading, the terminal started to shut down during the opening of trades. Upon reconnecting to the server, not one but five trades were opened. Because of this fraud by WorldForex, I lost half of my deposit.

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hamid

The Wforex broker has some trading issues. The terminal often lags, the platform may experience difficulties, and sometimes orders fail to open. The customer support also leaves much to be desired – they may not respond to inquiries or provide standard answers. Withdrawals also take a considerable amount of time, sometimes up to 15 days. As a result, I decided to close my account on the Wforex platform.

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FAQs

Do reviews by traders influence the WForex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about WForex you need to go to the broker's profile.

How to leave a review about WForex on the Traders Union website?

To leave a review about WForex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about WForex on a non-Traders Union client?

Anyone can leave feedback about WForex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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