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Abstract:WORLDFXTRADING is allegedly a forex and Bitcoin broker registered in the United States.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
WORLDFXTRADING is allegedly a forex and Bitcoin broker registered in the United States. Here is the home page of this brokers official site:
As for regulation, it has been verified that WORLDFXTRADING currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.04/10. Please be aware of the risk.
Market Instruments
WORLDFXTRADING advertises that it mainly offers Forex and Bitcoin trading.
Investment Plans
WORLDFXTRADING claims to offer four types of trading accounts, namely Bronze, Silver, Gold and Premium, with minimum initial deposit requirements of $500, $1,000, $2,500 and $3,500 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Customer Support
WORLDFXTRADINGs customer support can be reached by telephone: +18435803807, email: support@worldfxtrading.online or live chat. Company address: 917 S 18th St Kingsville, Texas(TX), 78363 United States.
Pros & Cons
Pros | Cons |
• Multiple investment plans to choose from | • No regulation |
• Website inaccessible |
Frequently Asked Questions (FAQs)
Q 1: | Is WORLDFXTRADING regulated? |
A 1: | No. It has been verified that WORLDFXTRADING currently has no valid regulation. |
Q 2: | What is the minimum deposit for WORLDFXTRADING? |
A 2: | The minimum initial deposit at WORLDFXTRADING to start the most basic plan is $500. |
Q 3: | Is WORLDFXTRADING a good broker for beginners? |
A 3: | No. WORLDFXTRADING is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency and high initial deposit. |
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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