WForex Broker Review 2025

WForex (World Forex) is a forex broker that has been serving 350,000 clients from 50 countries. The brokerage, operated by Exispro LTD and Existrade LTD, has a license from the Financial Commission (FinaCom) and provides 0% commission payments across all systems.

Additionally, WForex offers maximum leverage is up to 1:1000 and it offer 6 account types including W-CENT-fix, W-CENT, W-PROFI-fix, W-PROFI, W-CRYPTO, W-DIGITAL.

WForex review with advantages and disadvantages and other details

WForex; Company Information & Regulation

WForex, also known as World Forex, has been a player in the forex market since 2007. The broker was founded in the British Virgin Islands and is now registered in Saint Vincent and the Grenadines.

World Forex is licensed by the Financial Commission (FinaCom), a financial organization, and it's not regulated by any financial authority.

The broker's parent companies:

• Exispro LTD
• Existrade LTD

WForex has received industry recognition, including “Best Digital Contracts Broker” (2015) and “Best Trading Platform” by LE FONTI (2017).

Summary of Specifics and Details

To give you a clear picture of what WForex offers, here's a comprehensive summary of its key specifics:

Account Types Available for Trading

WForex offers a wide range of account types suitable for different trading styles and preferences. WForex account types:

Also, the broker provides a demo trading account for practice.

In addition, you can use Islamic (swap-free) accounts on WForex.

WForex Benefits and Drawbacks

To help you make an informed decision and create a decent perspective of WForex, let's examine the pros and cons of trading with the broker:

Signing Up & Verification: Complete Registration Guide

Getting started with WForex cannot take a challenging route. Here's a guide to account opening and verification.

#1 Create Your Account

• Go to the official W Forex website and click on "Register";
• Enter your email address and create a secure password;
• Verify you're not a bot using the reCAPTCHA prompt.

#2 Complete Personal Details

Once logged in, provide your full name, country of residence, phone number, and other KYC details. This information is mandatory for financial compliance.

#3 Upload Verification Documents

Submit avalid government-issued ID (passport, national ID, or driver’s license) and proof of address (utility bill or bank statement).

Once verified, your account will be fully active, granting you access to live trading, deposits, and withdrawals.

Wforex Broker Trading Platforms and Applications

Wforex offers a range of trading platforms to suit different trader preferences and needs:

MetaTrader 4 (MT4)

MetaTrader 4 is a very popular platform with various charting and analysis tools. It offers a familiar user interface for most traders. Download Links:

• MT4 Android
• Windows
• MT4 iOS
• MacOS
• Linux

MetaTrader 5 (MT5)

MetaTrader 5 is the next-generation platform with upgraded features, including more timeframes and analytical objects than MT4:

• 21 timeframes
• MQL5 programming language
• Access to an embedded VPS
• Strategy testing tool

 Links:

• MT5 Android
• Windows
• MT5 iOS
• MacOS
• Linux

WebTrader

WebTrader is a browser-based platform that does not require any downloads. It's accessible through all operating systems. Access Link:

• Wforex WebTrader

FX Lite BO

This platform is an application for trading symbols and instruments through mobile phones and tablets. You can download it through these links:

• FX Lite Android
• FX Lite iOS

This variety helps you choose the best trading platform based on your needs and the tools you require for trading.

Structure of Spreads and Commissions on WForex

The broker offers a table of data for market spreads and commissions across its various account types. In the table below, we will have a look at the costs:

It's worth noting that the broker pays for deposit fees charged by the payment systems. Also, there are no inactivity fees. However, withdrawal fees apply to the traders.

Swap Fee at WForex Broker

WForex applies a daily rollover (swap) by closing and reopening positions overnight, charging or crediting based on the interest rate differential between currencies (e.g., for EUR/USD the swap long is –12.6 and swap short is +3.5).

For swap-free / Islamic account types, instead of variable swap interest, WForex charges fixed nightly commissions.

Here are some key points about their swap costs:

• According to their instruments specification, for GBP/USD the swap long is –9.7 and swap short is +1.3;
• For swap-free (Islamic) accounts, the fixed commission is USD 5 for 1 lot on major Forex pairs like EUR/USD;
• On Wednesdays to Thursdays, the swap cost is tripled for all instruments to account for weekend rollover.

Non-Trading Fees at WForex Broker

WForex levies some non‑trading costs for clients, particularly related to withdrawals, which can materially affect the net cost of trading.

According to their Public Offer Agreement, the client is responsible for all expenses tied to fund transfers, including the commissions imposed by payment systems for withdrawals.

Below are some key non‑trading fee details drawn from WForex’s official documentation:

• Clients bear all costs for withdrawal, aligned with the fees charged by each payment system;
• For bank cards (Visa/MasterCard), the withdrawal commission is 4% + 5 USD (EUR);
• For Internet banking, the withdrawal commission is 2.5% + 5 RUB;
• There is no inactivity fee or dormant‑account charge stated in their public offer or payment terms;
• Almost all deposit methods are free of charge.

Deposit & Withdrawal Options

There are multiple payment methods available from various brokers. WForex offers a good range of deposit and withdrawal options, including:

• Bank wire transfer
• Credit/Debit cards (Visa, MasterCard)
• E-wallets (Dash, Payeer, Perfect Money, …)
• Cryptocurrencies (Bitcoin)

WForex, by offering multiple deposit and withdrawal methods, aims to minimize processing times and fees while ensuring high security for clients’ funds.

Deposit Methods at WForex

WForex provides a wide range of deposit methods designed for convenience and speed, allowing traders to fund their accounts using multiple currencies with minimal fees.

Almost all deposit methods are free of charge, with processing times ranging from instant to within 24 hours depending on the chosen method. The broker clearly specifies minimum deposit amounts and any commissions, ensuring transparency for all clients.

Below is a summary of the main deposit options and their key details:

Withdrawal Methods at WForex

WForex offers multiple withdrawal methods mirroring their deposit options, giving traders flexibility in accessing their funds.

Unlike deposits, withdrawals are subject to transaction fees, which vary by method and currency, ensuring that clients are aware of the costs before initiating a transfer.

Processing times differ depending on the chosen method, ranging from instant for card payments to a few banking days for certain online systems.

Below is a concise overview of the main withdrawal options:

Copy Trading & Investment Programs Offered on WForex

The broker offers copy trading functionality, allowing less experienced traders to mimic the strategies of successful traders:

• Browse and select from a list of top-performing traders
• Set allocation limits to manage risk
• Real-time copying of trades
• Performance statistics and history of signal providers

Also, WForex provides a cashback program. You can receive up to $25 in real funds per 1 trading lot as a result of performing trading operations.

Which Markets and Symbols Can I Trade on WForex?

WForex provides a diverse range of tradable instruments across multiple markets, catering to both conservative and high‑risk traders.

Their offering spans Forex, metals, oil, cryptocurrencies and CFDs on stocks, each with clearly defined leverage and symbol availability.

Below is a detailed overview of WForex’s trading instruments:

WForex also offers Digital Contracts, a unique instrument type with fixed‑risk, fixed‑return trades on underlying assets like Forex and metals. They include European, American, and 0‑100 contract types, accessible via a dedicated W‑DIGITAL account.

This diverse range of over200 trading instruments allows traders to diversify their portfolios and take advantage of various market conditions.

Does WForex Offer Any Bonuses and Promotions?

The broker offers several bonuses and promotions to both new and existing users. WForex bonus:

• $20 bonus with a minimum deposit of $5
• $10 no-deposit bonus for new registrations
• 100% bonus for every $100 deposit made on the account (plus a free VPS server)

Terms and conditions apply to all bonuses and promotions. It's important to read and understand these before participating.

WForex Broker Awards

WForex Awards have consistently highlighted the broker’s commitment to innovation, reliability, and trader satisfaction.

Recognized for integrating multiple trading platforms and instruments, WForex has demonstrated a strong focus on both technology and client experience.

Here are some of their key awards:

• “Forex & Digital Contracts on One Platform of the Year” – Le Fonti Awards, 2017
• “Best FX Broker for Digital Contracts Trading” – MasterForex‑V Expo, 2015

Support Team Channels and Opening Hours

Wforex provides customer support through various online and offline channels. Here's the details:

• Live Chat: Available 24/7 for quick queries
• Email Support: support@wforex.com, for more detailed inquiries
• Phone Support: [+44 204 577 1496], direct line for urgent issues
• FAQ Section: Comprehensive answers to common questions

Support is offered in multiple languages to meet the needs of people from different regions.

List of Restricted Countries and Regions

Wforex does not provide services to residents of the following countries:

• United States
• Canada
• North Korea
• Iran
• Countries sanctioned by the EU and FATF

Always check the most up-to-date list on Wforex's website, as restrictions may change due to regulatory requirements.

WForex Trust Scores & Ratings

While Wforex has been in operation since 2007, it's important to consider trust scores and people's opinions on it to ensure its trustworthiness. WForex rating on Trustpilot:

• 3.4 out of 5
• Over 220 reviews
• Replied to 9 out of 10 negative opinions

Education Resources and Materials

WForex offers educational resources to help traders get better at trading and gain profit from it:

• Trading Guides: Comprehensive articles on various trading topics
• Free Course: An e-book for traders to learn everything about financial markets
• Glossary: Explanation of trading terms and concepts

While Wforex's educational offerings are helpful, they may not be as extensive as those provided by some larger brokers.

WForex in Comparison to Other Brokerages

Here's a table comparing the broker's services and specifics to those of its competitors:

Conclusion and final words

WForex is a multi-asset brokerage with 200+ instruments across 5 tradable asset categories [Forex, Crypto, Metals, Oil, CFDs on Stocks]. There are no commissions on trading in W-CENT-fix, W-CENT, W-PROFI-fix, and W-PROFI accounts. Trading in W-CRYPTO incurs a 0.5% trading fee.