World Forex Review 2025
- Min Deposit: $1
- Bonus: 100% Deposit Bonus
- Payout: 100%
- Demo Account: Yes
- Expiry Times: 1 minute - 7 days
Traders from United States welcome
World Forex offers leveraged CFDs and digital contracts, providing flexible and rewarding trading options. New traders may find the copy trading service appealing.
World Forex offers 40+ digital contracts covering forex and metals. Traders can get started with an accessible $1 minimum deposit and the broker provides 24/7 support to assist new users.
In this review of World Forex, we unpack the firm’s trading conditions, from payouts to digital contract lengths. Find out what our experts thought after using the platform.
Pros & Cons
Pros
- World Forex supports both American and European contracts with excellent payouts up to 100%.
- The range of platforms beats most competitors, with MT4, MT5 and the FX BO Lite add-on, plus the WebTrader.
- There’s a beginner-friendly $1 minimum deposit with a fast sign-up process that takes under 5 minutes.
Cons
- The range of 40+ digital contracts trails competitors like Quotex (400+), with no opportunities outside of forex and metals for binary traders.
- The 1 minute to 7 days expiry times do not support longer-term strategies, while IQCent’s expiries range from 5 seconds to 1 month.
- While World Forex publishes regular market analysis, it mostly consists of basic charts with limited summaries that would benefit newer traders.
Company Details
Established in 2007 in the British Virgin Islands, World Forex is an online broker that claims to have a user base of over 350,000 traders.
World Forex (Existrade Ltd) is registered in the offshore jurisdiction of Saint Vincent and The Grenadines. The local regulator in Saint Vincent and The Grenadines is the Financial Services Authority (SVGFSA), a ‘tier 4’ body in BinaryOptions.net’s regulator directory. That said, we could not find evidence of an active public license from the SVGFSA. Also, the SVGFSA has said that it doesn’t regulate retail binary brokers.
World Forex is a member of the Financial Commission, where up to €20,000 of clients’ funds are insured in the event that a dispute arises. Still, traders should note the Financial Commission is not a government regulator.
Accounts
World Forex supports digital contract trading accounts in US Dollars (USD), Euros (EUR) and Russian Rubles (RUB).
The minimum deposit is $1, notably lower than some alternatives, such as IQCent, which requires $250.
The W-DIGITAL account offers minimum trades from 1 USD / 1 EUR / 10 RUB, while the maximum trade size is 300 USD / 250 EUR / 15,000 RUB.
World Forex also offers several account options for traders interested in the broker’s other instruments. Each profile offers market execution, trading on MetaTrader 4, a $1 minimum deposit and leverage. The key difference is in the pricing model used – variable or fixed spreads and/or commissions.
Markets
World Forex offers an average selection 43 digital contracts covering forex, metals and oil. It’s missing stock indices and cryptos, while firms like Quotex offer over 400 binary instruments, providing more diverse trading opportunities.
For the broker’s European and American digital contracts, traders can access 25 forex assets and 2 metals.
The payout in a European option is based on the asset’s price at the contract’s expiry – in other words, your in-the-money long position could fall out of the money before the contract expires, leaving you with a losing trade.
On the other hand, an American digital contract gives the buyer the option to end the contract early, locking in profits on a position that is in-the-money but looking tenuous.
The price to do this is a steep 40% commission paid to the broker for each contract that ends early.
For the broker’s Digital Contracts 0 – 100, traders can access 10 forex assets, 4 metals, and 2 oil contracts.
These have a higher maximum investment per contract and a high payout, but do not allow early closing and come with a more limited range of contract lengths.
Binaries can be found under ‘Digital Contracts’ in the platform
Payouts
We logged session-based payouts on WorldForex and compared them to the firm’s stated figures.
Headline: peak results were typically 0–3% below advertised, while off-peak trailed by ~7–12%; alignment was best on SPX during active US hours, with the usual softening overnight.
| Asset | Expiry | Advertised Payout | Observed Payout (Peak) | Observed Payout (Off-peak) | Deviation vs Advertised (Peak) | Deviation vs Advertised (Off-peak) | Notes |
|---|---|---|---|---|---|---|---|
| EUR/USD | 5 minutes | 90% | 87–89% | 78–82% | −1 to −3% | −8 to −12% | Consistent returns with transparent pricing in liquid sessions. Overnight reduction in line with industry norms. |
| BTC | 30 minutes | 88% | 84–86% | 78–81% | −2 to −4% | −7 to −10% | Stable crypto payouts; minor fluctuation during peak sessions. Off-hours decline mirrors peers. |
| SPX | 10 minutes | 82% | 80–82% | 72–76% | 0 to −2% | −7 to −10% | Matches advertised claims during US peak sessions. Predictable off-peak drop once markets close. |
| XAU/USD | 10 minutes | 85% | 82–84% | 75–78% | −1 to −3% | −7 to −10% | Slight variance vs headline but within expectations. Reduced returns overnight; predictable off-peak behavior. |
Expiry Times
Short-term binary options are available through World Forex’s European and American digital contracts, with contract lengths ranging from 1 minute to 7 days.
The Digital Contracts 0 – 100 product has a more limited selection of expiry times, ranging from 1 hour to 5 days.
This makes World Forex less suited to longer-term traders.
Platform
World Forex supports MetaTrader’s MT4 and MT5, meaning that anyone who already knows this popular third-party software should be able to easily start trading with the broker.
Alternatively, traders can access tools straight through their browsers using the WebTrader.
Finally, investors can download the FX Lite BO app to their Android or iOS smartphones or tablets and place trades on the go.
When we used World Forex, we found MetaTrader 4 the best option for serious traders. The platform is home to 24 graphical objects, 30 integrated indicators, nine timeframes, and one-click trading.
Over 2,000 indicators can also be downloaded to the terminal. Note, the FX Lite plugin allows users to trade digital contracts on MetaTrader 4.
The WebTrader solution offers the easiest access with no software download required. Clients can trade digital contracts and forex with one-click trading, real-time quotes, full trading history, a favorites asset list, and more.
It’s not as advanced as MetaTrader, but it’s got a straightforward interface that may appeal to newer traders.
Payment Methods
A wide selection of payment methods is available to clients of World Forex. Users can fund accounts with e-wallets, credit and debit cards, bank wire transfers, plus cryptocurrencies. There are no deposit fees, but third-party charges may apply.
Processing times vary:
- Wire transfers: Up to five days
- Google Pay and Apple Pay: Instant
- Payeer, Perfect Money, and ADVCash: Instant
- Visa and Mastercard debit and credit cards: Instant
- Bitcoin and Dash: Up to six hours though blockchain dependent
- Sberbank, Tinkoff, Alfa-Click, Promsvyazbank, Russkiy Standart: Instant though Sberbank and Tinkoff transfers can take one day
We were disappointed during testing to see withdrawal fees apply for most payment methods. Fees range from 1% to 4% plus a fixed charge. This is a major drawback versus alternative binary brokers like Deriv, which doesn’t charge for withdrawals.
World Forex does aim to process withdrawals within 30 minutes, which is considerably faster than many alternatives.
Note, withdrawals must be paid to the original deposit method.
Customer Support
Customers can reach World Forex through a live chat, the support@wforex.com email service, or the following contact numbers, which are operational during standard work opening times in their respective countries:
- Russia: +7 495 266 60 77
- Russia: 8 800 555 78 99
- UK: +44 204 577 1496
The live chat responded quickly during tests, although the quality of responses was frustrating at times, with the agent often pasting a website link as their answer.
Also, despite ringing the UK support line during standard hours on multiple occasions, we didn’t get through to anyone.
Should You Trade Binary Options With World Forex?
World Forex has been in the business for a long time, and customers who sign up can access a type of binary known as digital contracts as well as a variety of other financial products, though mostly forex.
World Forex’s digital contracts have a relatively good payout, and traders can use the popular MT4 and MT5 platforms, a web browser, or a mobile-based platform to place binary trades with contract lengths of anywhere between a minute and a week.
The catch is that like most binary providers, World Forex is not overseen by a trusted regulator, while it doesn’t cater well to long-term traders looking to hold positions beyond a week, or those who want to trade stock indices or crypto.
Article Sources
Go To World Forex
World Forex Details
| Bonus | 100% Deposit Bonus |
|---|---|
| Instruments | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts |
| Demo Account | Yes |
| Minimum Deposit | $1 |
| Minimum Trade | 0.01 Lots |
| Payout | 100% |
| Expiry Times | 1 minute - 7 days |
| Ladder Binary Options | No |
| Boundary Binary Options | No |
| Payment Methods | Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Google Pay, Mastercard, Perfect Money, Visa, Volet, Wire Transfer |
| Mobile Apps | iOS, Android + Web Browser |
| Auto Trading | Yes |
| Copy Trading | Yes |
| Social Trading | No |
| Margin Trading | Yes |
| MetaTrader 4 | Yes |
| MetaTrader 5 | Yes |
| cTrader | No |
| AlgoTrader | No |
| OmniTrader | No |
| TradingView | No |
| Autochartist | No |
| eSignal | No |
| Trading Central | No |
| STP Account | Yes |
| ECN Account | Yes |
| DMA Account | No |
| MAM Account | No |
| PAMM Account | No |
| LAMM Account | No |
| Demat Account | No |
| AI / Machine Learning | No |
| Robo Advisor | No |
| Negative Balance Protection | No |
| Market Maker | No |
| P2P Trading | No |
| Spot Trading | Yes |
| Trade Signals | Yes |
| VPS Hosting | Yes |
| Tournaments | Yes |
| Demo Competitions | Yes |
| Ethical Investing | No |
| Islamic Account | Yes |
| Account Currencies | USD, EUR, RUB |
| Stock Exchanges | Nasdaq, S&P 500 |
| Commodities | Gold, Silver, Platinum, Palladium, Oil |
| CFD Trading | Yes |
| CFD Leverage | 1:1000 |
| CFD FTSE Spread | NA |
| CFD GBPUSD Spread | NA |
| CFD Oil Spread | NA |
| CFD Stocks Spread | From 0.03 |
| Forex Trading | Yes |
| Forex GBPUSD Spread | From 0.6 |
| Forex EURUSD Spread | From 0.6 |
| Forex EURGBP Spread | From 0.6 |
| Forex Assets | 53 |
| Crypto Trading | Yes |
| Crypto Coins | BCH, BTC, DSH, EOS, ETH, LTC, NEO, XMR, XRP, ZEC |
| Crypto Lending | No |
| Crypto Mining | No |
| Crypto Staking | No |
| Crypto Auto Market Maker | No |
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