Information about World Forex:
World Forex specializes in online trading, providing access to the international Forex market.
World Forex company started its activity in 2007, providing clients with a wide range of services:
- trading on Forex, CFD;
- trading binary options;
- VPS server on unique terms. VPS server services cost only $ 5.99. Trading with advisors is available on the VPS server;
- loyalty program with a wide range of additional services;
- service “Safe”;
- auto trading using the “Trading Signals” service;
- free trade training;
- 24/5 customer support.
World Forex provides three types of accounts:
On accounts such as W-CENT and W-PROFI, an annual interest is charged on the balance in the amount of 8.5%. So, to open a trading account with World Forex, it is enough to deposit 1 $.
For novice traders, the company offers opening a W-CENT account. This type of account is serviced in cents, which allows you to consolidate the acquired knowledge and master new trading strategies with minimal investment. Having opened a cent account, you will have access to the entire list of assets, in particular: 52 currency pairs, CFD – 42, metals – 4, oil – 2. Trading will take place subject to fixed spreads, from 2 pips.
If you are an experienced trader who is ready to handle larger amounts, consider opening a W-PROFI account. This type of account is suitable for real trading with a standard lot size and minimum contract step. This type of account provides access to trading instruments: 52 currency pairs, CFD – 42, metals – 4, oil – 2. Spreads on the W-PROFI account are fixed, from 2 pips. Execution of orders on this type of account is assumed to be instant (Instant).
For adherents of ECN trading, the company offers an account of the W-ECN type, which opens up all the advantages of trading based on the ECN / STP model, in particular: the elimination of conflicts of interest between brokers and the trader, the liquidity of the world’s largest banks, which allows instant execution of orders at the best prices on the market. On a W-ECN account, floating spreads are assumed, from 0.2 pips. Of the assets, the following will be available for trading: 35 currency pairs, metals – 4, oil – 2.
Trading at World Forex can take place on the World Forex Trade Station trading platform, developed on the basis of Metatrader 4. Mobile terminals (Android, Windows Mobile, iOS operating systems) and the Web Trader online platform are also available.
Additionally, it is worth noting: clients who make a deposit of 100 USD or more (or the equivalent in any of the available currencies) will receive a bonus of 50% of the deposited amount and will be provided with a free VPS server.
In addition, World Forex invites customers to become members of the loyalty club – World Forex Club.
The program provides the following services:
- personal affiliate program;
- free participation;
- the ability to independently regulate the percentage of charges for completed transactions;
- the accrual of points from the club for the trading volume (depending on the client’s experience, past results and current balance).
World Forex provides traders with the Trading Signals service, which allows them to make money on the financial markets by automatically copying the deals of successful traders to their trading account. You just need to choose a trader from the list that will meet your requirements and subscribe to signals.
Trading operations are carried out on the World Forex Trade Station platform, developed by MetaQuotes.
World Forex company provides its clients with the opportunity to effectively manage funds using the “Safe” service.
Personal safe service provides:
- accrual of annual interest for keeping funds in the account. If your funds are kept in USD, the company will charge an interest of 9.5% per annum, and with an account in EUR – 9%, for RUB and UAH – 10.5%;
- instant funds transfer to the trading account and back to the safe to maintain margin requirements for open transactions. No commission is charged for transferring funds from the safe to the account;
- conversion of funds. When funds are transferred from a safe to an account and back, an automatic conversion takes place at the weighted average interbank rate set by the company.
Broker World Forex offers its clients to make money on binary options trading. To start binary trading, just open a W-OPTION account.
Depending on the expiration time, the profitability on binary options can reach 100% of the invested amount in the option.
Broker World Forex offers two types of options:
- American. The trading assets of “American Binary Options” contain the prefix “ab” at the end of the symbol name. The American option may be closed ahead of schedule. In this case, there is a time interval (freeze time), which determines the possibility of early closing for a purchased option immediately after its purchase and before its expiration date. Note! An additional commission is charged for early closing, in the amount of 40% of the amount invested in the option.
- European. This type of option implies the return of part of the investment if the forecast did not come true. Trading assets of “European Binary Options” contain the prefix “b” at the end of the name of the symbol.
When concluding a contract for the purchase of binary options, regardless of the option chosen, you have a choice of only two directions: UP / UP (option to increase) and DOWN / DOWN (option to decrease).
Trading account for binary trading
Method of depositing and withdrawing funds: The process of trading binary options is as follows: it is enough to indicate the amount of investment, select the underlying asset, the option expiration time, and also the direction (up / down).
- Visa / MasterCard
- Yandex money
- Wallet One (W1)
- Sberbank Online
- Russian Post