Company registration and regulation
The World Worex brand has several companies registered in different countries, namely:
- World Forex Corp. – registration in the British Virgin Islands under the number 142019.
- Existrade LTD Company is a company registered in Saint Vincent and the Grenadines under number 24441.
- Existrade Limited Company – the company on behalf of which the broker operates; registration number 300236. The company is controlled by the organization VFSC – the Commission for Supervision of the Financial Services Market of the Republic of Vanuatu.
In addition, the broker is a member of The Financial Commission . Order execution is audited by the independent Verify My Trade (VMT) service on a monthly basis.
The MetaTrader4 platform is presented as a trading platform for working with options. Mobile trading is also available by installing a special FX GO application for Android devices and WorldForex Trader Lite for iOS.
World Forex account types
To work with binary options (digital contracts), the company’s clients can open a W-Digital account with the following conditions:
|Account currency||USD / UAH / RUR / EUR|
|Minimum deposit||1 USD|
|Minimum investment amount||1 USD|
|Maximum investment amount||300 USD|
|Maximum volume of open positions / investments on the account||2,000 USD|
|Types of options (digital contracts)||American, European, Digital Contract 0-100|
|Expiry periods||from 1 min to 7 days|
|Spread||absent (for American and European digital contracts), fixed from 2 points (Digital contract 0-100)|
|Trade execution type||Market execution / Instant Execution|
|Early closure||available (only for American digital contracts)|
|Commission||40% for early closing (only for American options)|
|Return on investment||up to 14% (only for European digital contracts)|
For trading in financial markets, the company offers a wide range of assets, as for working with binary options (digital contracts), traders have 25 currency pairs and 2 metals at their disposal.
Input and output methods
You can make a deposit to an account with a company, as well as withdraw funds from an account using the following methods:
- Visa / MasterCard
- Sberbank Online
- Tinkoff Bank
- Alpha click
- Russian standard
- Yandex money
- Perfect money
- Wallet One (W1)
- Apple Pay
- Google pay
- Wire transfer
World Forex offers a 3-level affiliate program on the most favorable terms of affiliate payments for transactions of attracted clients.
Types of affiliate programs:
- Internet partner – allows webmasters and simply active Internet users to earn up to 85% of the spread of a new client attracted to the company.
- YouTube partner – the reward of an active YouTube channel user is up to 85% of the spread of a new client.
- Representation is an offer that is relevant for legal entities that are planning to open a company to provide services to potential clients of the World Forex broker.
Note! It is recommended to check the terms of cooperation under the Representative Office partner program with the company’s specialists.
The World Forex website contains literature that can be useful to beginners when they base their role as a trader. In addition, answers are given to frequently asked questions of newcomers, repenting both the financial market in general and the work of the company.
Clients who prefer auto trading have the option not to work independently by connecting to the Trading Signals service. The service frees the trader from making trading decisions and allows him to fully rely on the experience and vision of professionals.
Renting a VPS server is also possible in the company at a payment of 5.99 USD for the service. In addition, a VPS server can be obtained for free with a top-up of 100 USD. The server is necessary for those who use automated trading systems in their work and cannot afford interruptions to the Internet.
The broker does not provide services to US residents.