No Regulation

Score

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/10

worldforex

Saint Vincent and the Grenadines

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://wforex.com/

Website

Rating Index
Contact
worldforex
+44 870 479 8221
support@wforex.com
https://wforex.com/
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-09-18

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Keywords

Time Machine

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Company Name
worldforex
Regulatory Status
No Regulation
Abbreviation
worldforex
Platform registered country and region
Saint Vincent and the Grenadines
Phone of the company
+44 870 479 8221
+7 495 266 60 77

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WorldForex, established in 2007, is an offshore forex and CFD brokerage firm with a significant presence, particularly in Russia and Ukraine 。The platform offers a diverse range of over 50 currency pairs, 19 cryptocurrency pairs, and other trading instruments such as indices, metals, energies, and CFDs on stocks 。WorldForex is known for its flexible account types, catering to various trading preferences, and the utilization of the MetaTrader 4 (MT4) trading platform, which is popular among traders 。

A key aspect of WorldForex is its commitment to security and investor protection. The platform is a member of The Financial Commission, a private regulatory organization that provides dispute resolution and a compensation fund of up to EUR 20,000 per claim 。This membership offers an additional layer of protection for users, even though the company operates offshore and may not be regulated by government agencies 。

WorldForex also provides 24/7 multilingual customer support, ensuring that users receive assistance through various communication channels, including online chat and callback forms 。The platform's withdrawal flexibility is another advantage, as it allows users to withdraw funds not only on business days but also on weekends, with various withdrawal methods supported 。