world express Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: world express Account Types Overview
world express Account Types Explained
Worldwide Express offers several account types tailored to different trading needs. Below are the available account types:
Recommended account types by trader level
- Beginners: Standard Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Muslim Traders: Islamic Account
- All Levels: Demo Account for practice
Part 2: world express Account Features Comparison
Detailed world express Account Features
The following table compares features across different account types:
Advantages and Disadvantages of Each Account Type
-
Standard Account
Advantages:
Low minimum deposit
Access to all trading instruments
User-friendly for beginners
Disadvantages:
Higher spreads compared to ECN
Limited advanced features
ECN Account
Advantages:
Lower spreads
Direct market access
Suitable for scalping
Disadvantages:
Higher minimum deposit
Commission fees apply
Pro Account
Advantages:
Fixed spreads for better predictability
Advanced trading tools
Priority customer support
Disadvantages:
Higher minimum deposit
Limited leverage
Islamic Account
Advantages:
Swap-free trading
Same features as Standard Account
Disadvantages:
Higher minimum deposit than Standard Account
Demo Account
Advantages:
Risk-free trading environment
Access to all trading instruments
Disadvantages:
Limited to virtual funds
No real profits
Part 3: world express Account Opening Requirements
world express Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Services may not be available in certain countries; check with customer service.
- Prohibited Countries: Specific countries may be restricted; confirm with Worldwide Express.
- Identity Verification Documents Needed: Government-issued ID (passport, driver's license).
- Proof of Residence Requirements: Utility bill or bank statement with your name and address.
- Additional Documentation for Professional Accounts: Business registration documents may be required.
KYC/AML Compliance Procedures
- Completion of Know Your Customer (KYC) forms.
- Anti-Money Laundering (AML) checks are conducted during the verification process.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Part 4: world express Account Opening Process
Step-by-Step world express Account Opening Guide
- Visit Website: Go to the Worldwide Express website.
- Click Registration: Locate and click the registration button.
- Personal Information Entry: Fill in your personal details such as name, email, and phone number.
- Choose Account Type: Select the account type that suits your trading needs.
- Set Trading Preferences: Specify your trading preferences and risk tolerance.
- Document Upload: Upload required identity verification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the minimum required amount to activate your account.
- Start Trading: Once your account is funded, you can begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile, but the mobile interface may have simplified steps.
Common Registration Issues and Solutions
- Issue: Document upload errors.
- Solution: Ensure documents are clear and in the correct format.
- Issue: Delayed verification.
- Solution: Contact customer support for status updates.
Average Account Approval Time
- Typically, account approval takes 1-3 business days.
How to Upgrade/Downgrade Account Types
- Contact customer support to request an upgrade or downgrade, and provide any necessary documentation.
world express Demo Account Guide
Demo Account Features and Benefits
- Allows traders to practice without financial risk.
- Access to all trading instruments available in live accounts.
How to Open a Demo Account
- Follow the same registration process, selecting "Demo Account" as the account type.
Demo Account Limitations
- Limited to virtual funds; no real profits can be made.
Virtual Balance Amount
- Typically, demo accounts come with a virtual balance of $10,000.
Demo vs Live Account Differences
- Demo accounts use virtual funds, while live accounts involve real money.
Duration/Expiry of Demo Accounts
- Demo accounts usually remain active for 30 days, but this can vary by provider.
Part 6: world express Islamic Account (if available)
world express Islamic Account Details
Swap-Free/Islamic Account Availability
- Yes, Worldwide Express offers an Islamic account option.
Eligibility Requirements
- Must meet the minimum deposit requirement and provide necessary documentation.
Differences from Standard Accounts
- Islamic accounts are swap-free, complying with Sharia law.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process.
Restrictions or Special Conditions
- May have specific trading conditions compared to standard accounts.
FAQs – world express Account Types & Opening
- What account types does world express offer?
- Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500.
- How long does world express account verification take?
- Typically 1-3 business days.
- Does world express offer demo accounts?
- Yes, a demo account is available for practice.
- Can I have multiple account types with world express?
- Yes, you can hold multiple account types.
- Does world express offer Islamic/swap-free accounts?
- Yes, an Islamic account is available.
- What documents do I need to open a world express account?
- Government-issued ID and proof of residence.
- Can I change my account type after registration?
- Yes, by contacting customer support.
World Express accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .