Worldclass Financial Intelligence foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://worldclassfin.com/open-real-account/, about the company's legal and temporary regulatory information, the company's address First Floor, First St. Vincent Bank Ltd Building, P. O Box 1574, James Street, Kingstown, St. Vincent & the Grenadines..
Worldclass Financial Intelligence, established in 2011, is a private brokerage firm headquartered in Saint Vincent and the Grenadines. The broker primarily serves retail clients across various global markets, offering a diverse range of financial instruments. Over the years, Worldclass Financial Intelligence has aimed to provide traders with competitive trading conditions and a user-friendly platform.
The company has experienced significant growth since its inception, evolving to meet the demands of its clients. It operates under a business model that focuses on retail forex trading, allowing clients to trade various assets including commodities, indices, and cryptocurrencies. While the firm has been active for over a decade, it is essential to note that it operates without proper regulation, which raises concerns regarding its legitimacy and operational practices.
As a Worldclass Financial Intelligence broker, the firms primary business model revolves around offering trading services to individual traders, with a focus on providing access to a wide array of financial products and leveraging advanced trading technologies.
Worldclass Financial Intelligence is registered with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). However, it is crucial to note that the SVG FSA does not regulate forex trading, which places the broker in a category of unregulated firms. The regulatory number associated with the broker is SVG FSA 254.
Due to its lack of effective regulation, clients should be cautious about the potential risks involved in trading with this broker. The absence of a regulatory body overseeing its operations means that there are no investor compensation funds in place, and clients' funds may not be adequately protected.
Worldclass Financial Intelligence adheres to basic Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, but the effectiveness of these policies is questionable given the absence of stringent regulatory oversight. The broker's commitment to ensuring compliance with international standards remains unclear, and potential clients are advised to conduct thorough due diligence before engaging with the firm.
Worldclass Financial Intelligence offers a diverse range of trading products, including:
The firm updates its product offerings periodically, but specific details regarding the frequency of these updates or the introduction of new products are not provided. Worldclass Financial Intelligence primarily focuses on retail trading services, catering to individual clients rather than institutional investors.
Additionally, the broker does not appear to offer white-label solutions or asset management services, which may limit its appeal to more sophisticated traders or institutions looking for comprehensive financial services.
Worldclass Financial Intelligence provides its clients with access to the MetaTrader 4 (MT4) trading platform, which is renowned for its user-friendly interface and advanced trading features. The platform is available for both desktop and mobile devices, allowing traders to execute trades and manage their accounts on the go.
API access and support for automated trading are also available, enabling traders to implement algorithmic trading strategies effectively.
Worldclass Financial Intelligence offers several account types designed to cater to different trading needs:
Standard Account:
Minimum Deposit: $500
Spread: Variable, starting from 1.4 pips
Commission: Zero commission on trades
VIP Accounts:
VIP 1 Account:
Minimum Deposit: $5,000
Spread: Variable, starting from 0.6 pips
Commission: Zero commission
VIP 2 Account:
Minimum Deposit: $20,000
Spread: Variable, starting from 0.1 pips
Commission: $7 per lot
The broker allows a maximum leverage of 1:500, which can amplify potential profits but also increases the risk of significant losses. The minimum trade size and overnight fees associated with holding positions are not explicitly detailed in the available sources.
Worldclass Financial Intelligence does not appear to offer specialized accounts such as Islamic accounts or corporate accounts, which may limit its appeal to certain segments of traders.
Worldclass Financial Intelligence supports a variety of deposit and withdrawal methods, allowing clients to manage their funds conveniently:
Deposit Methods:
Local bank transfers
Credit cards
Cryptocurrencies (e.g., Bitcoin and USDT)
Wire transfers
Minimum Deposit Requirements: The minimum deposit varies by account type, starting from $500 for the standard account.
Deposit Processing Time: Deposits are generally processed quickly, although specific timeframes are not provided.
Deposit Fees: According to available information, there are no fees for deposits or withdrawals, but clients should be aware of potential exchange rate charges when depositing in currencies different from their trading account currency.
Withdrawal Methods: Clients can withdraw funds using the same methods as deposits. Specific withdrawal processing times and any applicable fees are not detailed in the available sources.
Worldclass Financial Intelligence provides customer support through multiple channels to assist clients with their inquiries:
Support Channels:
Live chat (available 24/7)
Email support
No phone support is provided
Service Hours: The customer support team is available around the clock, including weekends, although limited support may be offered during weekdays.
Languages Supported: The broker primarily offers support in English, which may limit accessibility for non-English speaking clients.
Educational Resources: The broker's educational resources are limited, with only an economic calendar available for traders. There are no webinars, tutorials, or in-depth market analysis provided, which may hinder the development of novice traders.
Market Analysis Services: Daily market analysis and research reports are not mentioned, indicating a lack of comprehensive analytical tools for clients.
Worldclass Financial Intelligence primarily serves clients in various regions, with a focus on countries such as:
Major Service Markets: The broker caters to clients from Thailand, the United States, Australia, and the United Kingdom.
Regional Offices: Specific regional offices are not disclosed in the available information.
Countries Not Accepted: The broker does not accept clients from certain jurisdictions, although specific countries are not listed.
Special Restrictions: Due to its unregulated status, potential clients from high-risk jurisdictions should exercise caution when considering trading with Worldclass Financial Intelligence.
In conclusion, while Worldclass Financial Intelligence presents itself as a competitive broker with various trading options, the lack of regulation and limited educational resources may pose risks for potential clients. It is essential for traders to conduct thorough research and consider their options before engaging with this broker.
Natth
Thailand
can't withdraw money Support is not good
Exposure
2023-04-06
FX1444032558
Malaysia
Honestly, my experience with Worldclass Financial Intelligence has been mixed. While the trading environment has been satisfactory, I have noticed that the spreads on the standard account are on the higher side. Therefore, I have been considering upgrading to a VIP account. However, the high deposit threshold for the VIP account makes it a less attractive option, especially for traders with a lower budget. Overall, Worldclass Financial Intelligence may not be the best fit for all traders due to
37130
2023-03-23
Natth
Thailand
Withdrawal was denied. It's been three months and still can't withdraw.
Exposure
2023-05-31