MetaTrader 5
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
Runs on
- Web
Details
Is World Traders a scam?
Wikilix independent safety report
66%Scam risk
High risk (unverified)Confidence: MEDIUM
2.5/5Safety rating 2.5 out of 5
World Traders (worldtradersbroker.com) is an unregulated broker, and we rate it high risk. It holds no financial or forex licence anywhere, and its own website now sends every visitor to a rebranded…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation9/10 · CriticalIdentity & transparency6/10 · HighWithdrawals & conduct6/10 · HighReputation7/10 · HighWebsite claims6/10 · HighOperational history4/10 · Moderate
Editorial review
Broker Summary
What Wikilix has recorded about World Traders: its history, the licences it holds, its trading conditions and its fees.
Introduction and Overview
In the ever-changing field of financial trading, the selection of the right broker plays a critical role for both amateur and professional traders alike. World Traders appears to be a trading broker and financial services firm with the aim of offering a whole trading platform. Though general public information about World Traders is not abundant.
Trading brokers act as an essential bridge between traders and financial markets by providing a platform and services that help traders carry out their trading activities.
Background and History
World Traders Broker is a Latin American trading broker, providing services to retail traders and institutions worldwide. It has multi-markets available on trading platforms, which include forex, cryptocurrencies, commodities, stocks, indices, and others. It also allows traders to use the worldwide most popular MT5 trading system. Both desktop and mobile trading platforms can serve traders’ requirements.
Major Services
Although there is not enough information regarding the product and service offering by World Traders, the brokers belonging to this type normally offer access to various financial products like the foreign exchange, commodities, indices, and perhaps the cryptocurrencies.
On the other hand, there are additional services provided by brokers to meet the requirements of the various types of traders. Since there are no concrete figures, it is best for potential clients to inquire from World Traders directly for information on the services they offer.
Regulation and Licensing
The presence of regulation is an important consideration in determining the legitimacy and safety of a trading broker for conducting business activities. Unfortunately, there is not enough information regarding the regulation licenses of World Traders.
The traders would require being cautious and would confirm the regulatory qualifications from the broker or from the concerned regulating authority before any kind of trade activity.
<b>Trading Conditions and Platform Technology</b
Spreads, leverage, and minimum deposits are trading conditions that are basic requirements for all traders. The specific data regarding such aspects at World Traders does not get released into the public domain.
Furthermore, information with regard to the trading platform that World Traders supports, whether proprietary or third-party platforms such as MetaTrader, is not detailed in the available sources.
Fee Structure
A knowledge of the charges being made is crucial for analyzing the cost-effectiveness of a broker. Unfortunately, there is no information available concerning the charges for deposits, withdrawal charges, commissions, and other associated with trading with World Traders.
Potential clients are encouraged to ask for the fee scale from World Traders directly so that there are no hidden charges.
UX and Market Reputation
It is hard to measure the user experience and the reputation that World Traders enjoy in the market because there are no widespread reviews or testimonies. Traders usually rate the broker on the grounds of reliability, support, speed, and education.
In light of this limited information, it would be highly advisable for people considering using these platforms to investigate thoroughly, including seeking feedback from existing clients, where possible, or from demo accounts.
Recent Developments
As of now, there have been no recent updates or developments found from World Traders. Being up-to-date with the recent trends, technology, or changes in regulation within a broker is important for traders to adjust their strategy accordingly.
One should carefully watch for any announcements that may come out from World Traders or a reliable financial news source.
Conclusion
World Traders is known to be a trading broker in the financial services industry, but there is limited information available in the public domain on operations, legal requirements, and trading terms. This is crucial in ensuring traders carry out investigations and consult with the broker before participating in any trading processes.
For traders in search of a trustworthy and documented broker, it is imperative to check out credentials and appreciate all that World Traders has to offer. As always, informed decision-making is the foundation of successful trading.
Regulation check
Regulatory Licenses
We have not confirmed any regulation for World Traders. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for World Traders. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
4 account types on record. Minimum deposit from USD 100. Leverage up to 1:100.
4 account types
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| ClassicStandard | USD 100 | 1:100 | $8 per lot |
| EliteVIP | USD 500 | 1:100 | $6 per lot |
| Swap-Free | USD 500 | 1:100 | $8 per lot |
| BlackVIP | USD 10,000 | 1:100 | $4 per lot |
Deposits & withdrawals
Funding Methods
5 ways to fund an account. 3 credit instantly. The costliest way in is Visa, MasterCard at 3%.
5 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Visa, MasterCardCredit CardDeposits by credit card must be withdrawn back to the same card if a withdrawal is requested within six months from the deposit time. May have restrictions based on the issuing bank. | 3% | USD 3 | Not recorded | Not recordedNot recorded | Instant |
Bank Wire TransferBank TransferWire transfer fees may vary; clients should check with their financial institution for more information. Available for transactions in USD, EUR, PLN, and KWD. | Not recorded | USD 30 | Not recorded | Not recordedNot recorded | Up to 1 day |
PayPal, Skrill, NetellerE-WalletWithdrawals must be made from the same account from where the funds were sent initially. Availability may vary by region. | 3% | USD 3 | USD 100 | Not recordedNot recorded | Instant |
| Bitcoin, Tether (USDT)CryptocurrencyAvailability may vary by region. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
Local Payment Methods (e.g., POLi, Bpay, Rapidpay, Klarna)OtherAvailability and conditions vary by region. Specific to certain countries. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recorded |
Trading software
Trading Platforms
One trading platform on record: MetaTrader 5.
1 platform
Websites
Global Domains
One domain on record. All active and served over HTTPS.
1 domain
Legal entities
Corporate Network
One legal entity behind the World Traders brand.
1 entity
- "УОРЛД ТРЕЙДЕРС" ЕООДActiveBulgaria
Company registry check
Company Registration
World Traders names IMPULSE WORLD CORPORATION S.A.C. as the operating company. We could not confirm that registration on the registry.
Not confirmed on registry
- Legal entity
- IMPULSE WORLD CORPORATION S.A.C.
- Registration number
- 20611371773
- Jurisdiction
- Peru
- Registry
- SUNAT/SUNARP (Peru)
- Registered address
- Av. Javier Prado Este 7176, La Molina, Lima, Peru
Peer comparison
Brokers worth comparing
3 other brokers on the record share what World Traders offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
World Traders
This recordSaint Vincent and the Grenadines · since 2021Wikilix score 33.0RegulationNo RegulationMax leverage1:100Platforms1LicencesNot recordedEXCO
Saint Vincent and the Grenadines · since 2020· RSG Finance LLCWikilix score 34.0RegulationOffshoreFSAMax leverage1:500Platforms1Licences1DeltaFX
United Kingdom · since 2002· DeltaFx PartnershipWikilix score 33.0RegulationOffshoreAOFAMax leverage1:1000Platforms2Licences1LQH MARKETS
Saint Lucia · since 2023· LQH Integrated LtdWikilix score 34.0RegulationOffshoreMax leverage1:500Platforms1LicencesNot recorded
Frequently Asked Questions
Frequently Asked Questions
Common questions about World Traders
Most Popular Questions
World Traders offers customer support via live chat during business hours and email at info@worldtradersbroker.com. Support is available in English, and the broker maintains active social media profiles for additional contact options.
The minimum deposit amount at World Traders is 100 USD. This applies across various funding methods, but specific minimums may vary depending on the chosen payment option.
Deposits via Visa and MasterCard incur a 3% fee, while withdrawals by credit card also have a 3 USD fixed fee. Bank wire withdrawals carry a 30 USD fixed fee, and e-wallet transactions such as PayPal, Skrill, and Neteller have a 3 USD withdrawal fee. Fees and availability may vary by payment method and region.
World Traders provides access to the MetaTrader 5 platform, available for desktop and web use. MetaTrader 5 supports multiple asset classes including Forex, stocks, and futures, and offers advanced analytics and algorithmic trading tools.
World Traders is registered in Saint Vincent and the Grenadines but does not hold any specific regulatory licenses.
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