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Pros

Offers a variety of trading instruments including CFDs and cryptocurrencies.
Claims to provide access to the popular MetaTrader 4 trading platform.
Minimum deposit requirement is relatively low at $250, making it accessible for beginner traders.

Cons

Completely unregulated, posing significant risks to the safety of funds.
Negative reviews highlight issues with withdrawals and customer support, indicating potential fraud.
Lack of transparency regarding company registration and operational practices raises serious red flags.

WorldTrade broker Accounts

World Trade Platforms Account Type

World Trade Platforms offers a variety of account types tailored to meet the needs of different traders. The main account types include:

  • Raw Spread Account:
    • Commission: $7 per standard lot round turn.
    • Spread: Raw inter-bank spread received from liquidity providers.
    • Minimum Deposit: $200 or currency equivalent.
    • Leverage: Up to 1:1000.
    • Trading Instruments: Over 1980+ forex products including forex, precious metals, stocks, futures, and CFDs on commodities.
    • Standard Account:
      • Commission: No commission; a 1 pip mark-up is applied to the spread.
      • Minimum Deposit: $200 or currency equivalent.
      • Leverage: Up to 1:1000.
      • Trading Instruments: Similar to the Raw Spread account.

      Both account types offer flexible trading conditions and are designed to provide low spreads and fast execution.

      World Trade Platforms Broker Account Opening Process

      Opening an account with World Trade Platforms is straightforward and can be completed in a few simple steps:

      • Visit the Website: Go to the World Trade Platforms website.
      • Select Account Type: Choose between the Raw Spread Account or Standard Account.
      • Fill Out Registration Form: Provide personal details such as name, email address, and phone number.
      • Verification: Submit proof of identity (passport, ID, or drivers license) and proof of residence (utility bill or bank statement).
      • Receive Confirmation: After your application is approved, you will receive an email with your account details and instructions on how to access your trading account.
      • Fund Your Account: Deposit the minimum required amount to start trading.
      • The entire process is designed to be user-friendly, allowing traders to quickly set up their accounts and begin trading in a risk-free environment.

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