Corporate Profile
World Forex Is A Forex And Contracts For Difference (CFD) Broker Established In 2017 . The Company Is Headquartered In Vanuatu And Is Operated By World Forex Corp (a Company Registered Offshore In Vanuatu). As An Offshore Company, World Forex Has A Global Reach, But It Should Be Noted That World Forex Is Currently Not Supervised By Any Financial Regulator , Which May Have An Impact On Investors' Risk Exposure.
Regulatory Information
World Forex Is Currently Not Supervised By Financial Regulators In Any Country Or Region , Which Means That Investors Have To Bear Their Own Higher Risks When Choosing The Platform. The Nature Of Offshore Operations May Make It Not Eligible To Trade Legally In Certain Countries. Therefore, Traders Are Advised To Carefully Understand The Legal And Regulatory Environments Of Their Operating Locations Before Choosing World Forex.
Trading Products
The World Forex Platform Offers Traders A Diverse Selection Of Financial Instruments. The Following Are Its Main Trading Varieties:
- Currency Pairs : Supports The Trading Of Major Currency Pairs (such As EUR/USD, GBP/USD, Etc.) And Other Currency Pairs.
- Index : Covers Major Global Stock Indices, Such As Dow Jones, Nasdaq, Etc.
- Stocks : Allows Traders To Trade Individual Stocks Directly, Such As Apple, Google, Microsoft, Etc.
- Commodities : Offers Trading Of Commodities Such As Gold, Silver, And Crude Oil.
Trading Software
World Forex Offers Traders Two Mainstream Trading Platforms:
- MetaTrader 4 (MT4) : MT4 Is A Powerful Trading Platform That Supports Multiple Chart Types, Technical Analysis Tools, And Automated Trading.
- MetaTrader 5 (MT5) : MT5 Is An Upgraded Version Of MT4 That Offers More Advanced Features Such As More Detailed Market Data, More Time Periods, And More Complex Trading Strategies.
Deposit And Withdrawal Methods
World Forex Supports A Variety Of Payment Methods To Facilitate Traders' Access To Funds. Specific Methods Include:
- Bank Cards: Visa, Mastercard, Sberbank Online, Tinkoff Bank, Etc.
- Electronic Wallets: Payeer, Perfect Money, Advcash, Etc.
- Cryptocurrencies: Bitcoin (BTC), Dash (DASH).
- Others: Google Play, Apple Pay, Telegraphic Transfer, Etc.
The Specific Fees And Minimums For Deposits And Withdrawals Vary Depending On The Payment Method. For Example:
- Bitcoin Deposit : The Fee Is 0.000675 BTC .
- Visa/Mastercard Deposit : The Minimum Deposit Amount Is 30 EUR Or Equivalent .
Customer Support
World Forex Offers Customer Support Across Multiple Channels To Meet The Needs Of Traders.
- Phone Support : Provide Contact Numbers For Ukraine And Russia.
- Ukraine: + 380 44 339 59 38
- Russia: + 7 495 266 60 77
- Email Support : Email Addresses Are [email protected] And [email protected] .
- Live Chat Support : Traders Can Contact Customer Service At Any Time Through The Live Chat Tool Within The Platform.
Core Business And Services
World Forex's Core Business Is To Provide Traders With Forex And CFD Trading Services. Its Main Advantages Lie In The Variety Of Trading Tools, Flexible Trading Leverage, And Support For Multi-platform Trading. However, Due To Its Unregulated Nature, Traders Need To Exercise Caution When Enjoying These Services.
Technical Infrastructure
World Forex Uses MetaTrader 4 And MetaTrader 5 As Its Main Trading Platforms. These Platforms Are Known For Their Stability And Powerful Features, Which Can Meet The Operational Needs Of Different Traders. In Addition, World Forex Also Offers A Variety Of Payment Methods And Deposit And Withdrawal Options, Enhancing The Convenience Of The Trading Experience.
Compliance And Risk Control System
Although World Forex Is Not Supervised By Any Regulatory Body, It Still Needs To Manage Trading Risks Through Its Own Risk Control System. However, Due To The Lack Of External Supervision, The Transparency And Effectiveness Of Its Risk Control Measures Cannot Be Independently Verified.
Market Positioning And Competitive Advantage
World Forex's Market Positioning Is To Provide Services To Traders Seeking A Variety Of Trading Tools And Flexible Leverage. Its Competitive Advantages Are Mainly Reflected In:
- Variety Of Trading Tools : Offer A Variety Of Financial Instrument Options To Meet The Needs Of Different Traders.
- Flexible Trading Leverage : Offer Dynamic Leverage Ranging From 1:33 To 1:1000 To Suit Different Trading Styles.
- Multi-platform Trading Support : Support For MT4 And MT5 Platforms, Providing More Trading Possibilities.
However, Its Unregulated Nature May Be Its Biggest Disadvantage, Especially When It Comes To Attracting Risk-averse Investors.
Future Roadmap
Currently, World Forex Does Not Disclose A Detailed Future Roadmap. However, As A Forex And CFD Broker, Its Future Development May Focus On The Following Aspects:
- Expanding The Market : Further Expanding The Reach Of Global Traders.
- Technology Upgrade : Continuously Optimize Its Trading Platform And Trading Tools.
- Risk Management : Strengthen Its Own Risk Management System To Improve Traders' Confidence.
Traders Of World Forex Need To Carefully Evaluate Their Unregulated Risks While Enjoying Its Diverse Services, And Make Informed Trading Decisions On This Basis.