Weltrade vs World Forex

Weltrade vs World Forex Comparison Table 2024
Weltrade	World Forex
Review Not Yet Rated	Review 4

Weltrade is an established online broker providing tight spreads & powerful tools.	World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
Bonus Offer
	100% Deposit Bonus
Comment by Reviewer
	"World Forex provides both highly leveraged CFDs and digital contracts, making this a good broker for clients who want flexible and rewarding ways to trade. The copy trading service will also appeal to newer traders."
Pros
	A wide range of assets to trade, including via digital contracts Several different account types with varied pricing structures MT4, MT5 and a proprietary trading terminal Swap-free account available 10+ accepted payment methods Low deposit of $1 Copy trading solution Educational content STP/ECN technology Demo account VPS hosting
Cons
	Weak regulation Withdrawal fees apply No negative balance protection
Awards
Best Foreign Broker 2019 - Asia Forex Expo Best Customer Service 2017 - Forex Choice Best Trade Executions 2015 - China FX Expo Best Customer Service Russia 2014 - Global Financial Market Review
Instruments
Forex, CFDs, commodities, cryptocurrencies	Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account
Yes	Yes
Minimum Deposit
$25	$1
Trading Platforms
MT4 MT5	MT4 MT5
Payment Methods
Cashu EasyPay Neteller Perfect Money Skrill Visa	ADVcash Apple Pay Bitcoin Payments Credit Card Debit Card Google Wallet Mastercard Perfect Money Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
	SVGFSA
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
Yes	iOS, Android + Web Browser
App Review
	The WorldForex Trader Lite app offers very basic mobile trading capabilities. It took upwards of 30+ minutes just to get access to the trading app, with a frustrating process to open an account. The mobile interface itself has a subpar look and feel, encompassing basic charts and order windows. The other issue is that it’s slow and sometimes lags when you move between features and place trades. Ultimately, it trails category leaders.
Android App Rating
	1.3
iOS App Rating
	1.3
Auto Trading
Yes	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply and the platform is available via downloadable software plus a web-accessible solution.
Social Trading
Yes	No
Trade Signals
Yes	Yes
VPS Hosting
No	Yes
Tournaments
No	Yes
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
	USD EUR RUB
Stock Exchanges
	Nasdaq S&P 500
Commodities
Gold Silver	Gold Oil Palladium Platinum Silver
CFD Trading
Diversify your trading portfolio with CFDs.	World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances.
Leverage
1:1000	1:1000
FTSE Spread
N/A	NA
GBPUSD Spread
2.1	NA
Oil Spread
7	NA
Stocks Spread
N/A	From 0.03
Forex Trading
Weltrade provides leveraged trading in the highly-liquid FX market.	World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types.
GBPUSD Spread
2.1	From 0.6
EURUSD Spread
1.5	From 0.6
EURGBP Spread
2.4	From 0.6
Assets
37	53
Cryptocurrency
Trade crypto-only pairs and crypto coins against fiat currencies.	Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available.
Spread
Floating from zero
Coins
BCH BTC DSH EOS ETH LTC NEO XMR XRP ZEC	BTC DSH LTC ETH ZEC XRP BCH XMR EOS NEO
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry.
Payout
	100%
Expiry Times
	1 minute - 7 days
Ladder Options
No	No
Boundary Options
No	No

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