Search

Rating Index

Pros

Expansive offering for ecommerce and business clients, including local currency accounts in multiple countries.
No minimum transfer limits, allowing flexibility for businesses of all sizes.
Strong technological integration with multiple API options and a user-friendly mobile app for managing transactions.

Cons

No longer accepts private customers, limiting services to business clients only.
Stopped accepting US customers, which restricts access for a significant market.
Recent negative trends in customer reviews and support responsiveness since the acquisition by Ant Financial.

WorldFirst broker Accounts

WorldFirst Account Type

WorldFirst offers two distinct types of accounts designed to cater to different needs:

  • WorldFirst International Payments Account:
    • Ideal for businesses looking to make international payments.
    • Allows for payments in over 68 currencies.
    • Users can send mass payments from a single transaction.
    • Features include the ability to lock in an exchange rate for up to two years with a forward contract.
    • Transfers can be made online 24/7 or through an account manager.
    • WorldFirst International Collections Account:
      • Designed for businesses selling through online marketplaces.
      • Enables users to open locally-based currency accounts in major currencies such as USD, GBP, EUR, and more.
      • Facilitates the collection of overseas funds from marketplaces and payment gateways like Amazon and Stripe.
      • Allows users to hold funds to pay suppliers and repatriate sales easily at competitive exchange rates.
      • Transfers can be made online 24/7 or through a dedicated account manager.

      WorldFirst Broker Account Opening Process

      To open a WorldFirst account, follow these steps:

      • Visit the WorldFirst Website:
        • Go to the WorldFirst homepage and click on "Register."
        • Select Account Type:
          • Choose between the International Payments Account or the International Collections Account based on your business needs.
          • Provide Required Information:
            • Enter your email address and create a secure password.
            • Verify your email by entering the one-time passcode sent to your inbox.
            • Provide your mobile number and verify it with a code sent via SMS.
            • Complete Application:
              • Fill in details about your business, including trading address, nature of business activities, and any required documents such as a certificate of incorporation or registration.
              • Upload proof of identity (valid passport or driving license) and any additional documents requested.
              • Account Verification:
                • After submission, WorldFirst will review your application, which can take up to 2 working days.
                • You may be contacted for additional information if required.

WorldFirst Similar Broker Accounts

Explore broker markets account types: forex/trading accounts with demo access.

WorldFirst accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
WorldFirst Account