Score
Saint Vincent and the Grenadines
|
2-5 years
| https://worldtradersbroker.com/
Website
Rating Index
Influence
D
Influence index NO.1
Peru 2.63
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
worldtradersbroker.com Netherlands
VIP is not activated.
| World Traders Review Summary | |
| Registered On | 2021-08-06 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex, Indexes, Cryptocurrencies, Actions, and Raw materials |
| Demo Account | / |
| Leverage | Up to 1:100 |
| Spread | From 0.1 pips |
| Trading Platform | MT5 (PC, Mobile) |
| Min Deposit | $100 |
| Customer Support | info@WorldTradersBroker.com |
| Facebook, Instagram | |
| Suite 305. Griffith Corporate Center PO Box 1510. Beachmont. Kingstown, St. Vincent and the Grenadines. | |
World Traders Broker is a Latin American brokerage serving global retail and institutional clients. The platform offers multiple trading markets, covering forex, cryptocurrencies, commodities, stocks, indices, etc., and supports the use of the globally mainstream MT5 trading platform. Both desktop and mobile versions can meet traders' needs for trading.
| Pros | Cons |
| Multiple trading instruments | Unregulated |
| Multiple account types | Unclear deposit and withdrawal information |
| MT5 available | Minimum deposit of $10,000 (Royal Black Account) |
| Spread as low as 0.1 pips |
World Traders Broker is not regulated by authoritative institutions. Regulation is an important basis for ensuring the safety of traders' funds and the fairness of transactions.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indexes | ✔ |
| Cryptocurrencies | ✔ |
| Actions | ✔ |
| Raw materials | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
The platform offers four types of trading accounts, including the Classic Account, Elite Account, Royal Swing Account, and Royal Black Account.
| Account Type | Classical | Standard | Royal Swing | Royal Black |
| Minimum deposit | 100 USD | 500 USD | 500 USD | 10,000 USD |
| Base leverage | 1:100 | 1:100 | 1:100 | 1:100 |
| Spreads from | 0.5 pips | 0.4 pips | 1.5 pips | 0.1 pips |
| Commission per lot | 8 USD | 6 USD | 8 USD | 4 USD |
The Royal Black Account offers the lowest spread of 0.1 pips and the lowest commission of $4 per lot.
All accounts support a basic leverage of 1:100. While a higher leverage ratio amplifies potential returns, it also increases risks.
World Traders uses the globally mainstream MT5 trading platform, which is available in both desktop and mobile versions.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC and Mobile | Experienced Traders |
The minimum deposit varies based on the account type in the World Traders market. For the Classic Account, it's $100, while for the Royal Swing and Elite Accounts, it’s $500. However, if I want to trade with the Royal Black Account, the minimum deposit is significantly higher at $10,000, which might be a barrier for some traders.
The spreads at World Traders vary depending on the account type in the World Traders market. For example, the Classic Account has a spread starting from 0.5 pips, while the Royal Black Account offers the tightest spread starting from just 0.1 pips. This can be an advantage for traders looking to trade with minimal cost, especially in highly liquid markets.
Unfortunately, there is no specific information provided about the withdrawal time. As an unregulated broker in the World Traders market, I’d be extra cautious and perhaps expect longer processing times compared to regulated brokers, especially if issues arise.
World Traders offers four account types: Classic, Elite, Royal Swing, and Royal Black. Each has different minimum deposit requirements, with the Classic Account starting at $100, and the Royal Black Account requiring $10,000. The accounts also have varying spreads and commissions, so it’s important for me to choose the one that fits my trading style and risk tolerance in the World Traders market.
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