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Rating Index

Pros

User-friendly trading platform with a variety of tools and resources for traders.
Potential for high returns due to leveraged trading options.
Accessible customer support to assist with trading inquiries.

Cons

Lack of regulatory oversight raises concerns about the safety of funds.
Negative reviews and warnings from financial authorities regarding legitimacy.
Limited educational resources for beginners, making it challenging for new traders to learn the ropes.

World Express broker Accounts

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:

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard $100 Variable spreads Up to 1:500 Basic features, access to all instruments Beginners Forex, CFDs, commodities
ECN $500 Low spreads + commission Up to 1:200 Direct market access, lower spreads Intermediate to advanced traders Forex, commodities, indices
Pro $1,000 Fixed spreads Up to 1:100 Advanced trading tools, priority support Advanced traders Forex, CFDs, commodities
Islamic $500 Variable spreads Up to 1:500 Swap-free trading Muslim traders Forex, CFDs
Demo N/A N/A N/A Practice trading without risk All levels Forex, CFDs

  • 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:

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $500 N/A
Maximum Leverage 1:500 1:200 1:100 1:500 N/A
Spreads (Typical/Minimum) Variable Low Fixed Variable N/A
Commission Fees None Yes None None N/A
Lot Size Micro Mini/Standard Standard Micro N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market N/A
Islamic Account Availability No No No Yes N/A
Swap-Free Options No No No Yes N/A
Demo Account Features N/A N/A N/A N/A Yes

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

  1. Visit Website: Go to the Worldwide Express website.
  2. Click Registration: Locate and click the registration button.
  3. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
  4. Choose Account Type: Select the account type that suits your trading needs.
  5. Set Trading Preferences: Specify your trading preferences and risk tolerance.
  6. Document Upload: Upload required identity verification and proof of residence documents.
  7. Account Verification: Wait for the verification process to complete.
  8. Fund Your Account: Deposit the minimum required amount to activate your account.
  9. 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.

Part 5: world express Demo Account Information

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

  1. What account types does world express offer?
  • Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500.
  1. How long does world express account verification take?
  • Typically 1-3 business days.
  1. Does world express offer demo accounts?
  • Yes, a demo account is available for practice.
  1. Can I have multiple account types with world express?
  • Yes, you can hold multiple account types.
  1. Does world express offer Islamic/swap-free accounts?
  • Yes, an Islamic account is available.
  1. What documents do I need to open a world express account?
  • Government-issued ID and proof of residence.
  1. 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+) .
World Express Account