Forex World Company

　　

Forex World Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Forex World Company was established in 2007, marking its entry into the competitive forex and CFD trading market. With a focus on providing accessible trading services to a global clientele, Forex World has positioned itself as a significant player in the online trading industry.

　　

Parent Company/Ownership Structure

　　Forex World operates under the ownership of Existrade Ltd, which is registered in Saint Vincent and the Grenadines. The company is part of a larger group that includes Exis Pro Ltd, based in Saint Lucia, and World Forex Corp, located in the British Virgin Islands. This multi-entity structure allows Forex World to leverage various regulatory frameworks and expand its service offerings.

　　

Headquarters Location

　　The company is headquartered in Saint Vincent and the Grenadines, specifically at Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown. This offshore location provides the company with certain operational advantages, including regulatory flexibility.

　　

Global Business Scope

　　Forex World serves a diverse international audience, catering to traders from various regions except for the United States and other jurisdictions with strict regulatory requirements. The company offers a wide range of trading products, including forex, CFDs, and cryptocurrencies, making it accessible to both novice and experienced traders.

　　

Main Regulatory Bodies

　　Forex World is regulated by several authorities, including:

• Financial Sector Conduct Authority (FSCA) of South Africa
• Financial Services Commission (FSC) of the British Virgin Islands
• Vanuatu Financial Services Commission (VFSC)
• Financial Services Authority (FSA) of Saint Vincent and the Grenadines

　　These regulatory affiliations help ensure that Forex World adheres to specific trading standards and practices.

　　

2. Company History and Development

　　

Key Milestones

　　Since its inception in 2007, Forex World has achieved several key milestones, including the launch of its trading platforms and the expansion of its trading product offerings. The company has grown from a small brokerage to a well-recognized name in the forex trading industry.

　　

Business Expansion Journey

　　Forex World has continuously expanded its services to include a variety of trading instruments. Initially focusing on forex trading, the company has diversified into CFDs, commodities, and cryptocurrencies, reflecting the evolving needs of its customer base.

　　

Customer Base Growth

　　Over the years, Forex World has witnessed significant growth in its customer base. The company has attracted traders from various backgrounds, thanks to its low minimum deposit requirements and user-friendly trading platforms.

　　

Platform Development History

　　Forex World offers trading through popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The development and integration of these platforms have enhanced the trading experience, allowing clients to utilize advanced trading tools and features.

　　

Important Awards or Recognitions Received

　　While Forex World has not yet received major industry awards, its commitment to customer service and trading accessibility has earned it a positive reputation among its users.

　　

3. Trading Services Offered

　　

Forex Trading Options

　　Forex World provides access to a wide range of currency pairs, allowing traders to engage in forex trading with about 30 major pairs. This variety caters to both beginners and experienced traders looking to capitalize on currency fluctuations.

　　

Stock Trading Options

　　In addition to forex, Forex World offers trading in various stock indices, providing clients with opportunities to invest in broader market movements.

　　

CFD Trading Products

　　The company specializes in Contracts for Difference (CFDs), allowing traders to speculate on price movements of various assets without owning the underlying asset. This includes indices, commodities, and cryptocurrencies.

　　

Other Financial Instruments

　　Forex World also offers trading in cryptocurrencies, enabling clients to engage in one of the fastest-growing segments of the financial market. This diversification of products allows traders to explore multiple avenues for profit.

　　

Special Services or Unique Advantages

　　Forex World distinguishes itself with a low minimum deposit requirement of just $1, making it accessible for new traders. Additionally, the company provides a 100% deposit bonus, enhancing the trading capital available to clients. The availability of both fixed and variable spreads also caters to different trading strategies.

　　

4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Forex World operates under the supervision of multiple regulatory bodies, including:

• South African Financial Sector Conduct Authority (FSCA)
• British Virgin Islands Financial Services Commission (BVIFSC)
• Vanuatu Financial Services Commission (VFSC)
• Financial Services Authority (FSA) of Saint Vincent and the Grenadines

　　These regulatory affiliations help ensure that the company adheres to necessary compliance standards.

　　

Legal Entity Structure by Region

　　Forex World is structured as follows:

• World Forex Corp: Registered in the British Virgin Islands.
• Existrade Ltd: Registered in Saint Vincent and the Grenadines.
• Exis Pro Ltd: Registered in Saint Lucia.

　　This multi-entity structure allows Forex World to operate under various regulatory frameworks, offering flexibility and adaptability in its services.

　　

Client Fund Protection Measures

　　Forex World implements measures to protect client funds, such as segregated accounts, which keep client funds separate from the company's operational funds. This ensures that client deposits are safeguarded in the event of financial difficulties.

　　

Countries/Regions Served

　　Forex World serves a global clientele, with a focus on regions outside the United States and other jurisdictions with strict regulatory frameworks. The company caters to clients from various countries, providing localized support and services.

　　

Compliance History

　　Forex World maintains a compliance history in line with its regulatory obligations. The companys affiliation with the Financial Commission allows clients to lodge complaints and seek compensation for grievances, enhancing trust in its operations.

　　

5. Competitive Landscape

　　

Main Competitors

　　Forex World faces competition from several key players in the forex and CFD trading space, including:

• IC Markets: Known for its low spreads and strong focus on forex trading.
• Exness: Offers a wide range of trading instruments and competitive pricing.
• Forex.com: A well-established broker with a strong reputation and diverse offerings.
• OANDA: Recognized for its robust trading platform and research tools.
• IG Group: A leading broker with a comprehensive range of markets and educational resources.

　　

Positioning in the Industry

　　Forex World positions itself as a low-cost alternative for traders looking for accessible trading options. Its low minimum deposit and wide range of instruments make it attractive to new traders.

　　

Market Differentiation Factors

　　Forex World differentiates itself through:

• A low minimum deposit requirement of just $1.
• A 100% deposit bonus, which enhances trading capital for clients.
• A diverse range of trading instruments, including forex, CFDs, and cryptocurrencies.
• User-friendly trading platforms, including MT4 and MT5.

　　

Conclusion

　　Forex World Company has established itself as a notable player in the forex and CFD trading industry since its founding in 2007. With a commitment to accessibility and a diverse range of trading options, it continues to attract a growing customer base. While it faces competition from several well-established brokers, its unique offerings and regulatory compliance make it a viable choice for traders around the globe.

　　For more information on Forex World Company and its services, learn more here.