Compare Forexee vs WorldForex
What is Forexee? What is WorldForex?
Forexee is an ECN/DMA online foreign exchange forex broker and currency trading platform that has been operating since 2004. WorldForex is a multi-asset trading platform that offers forex, digital contracts, stocks and futures trading since 2007.
Best Forex Brokers Ranking
| Rank | Broker | Review | Open Account | Bonus | Platform | Minimum Deposit | ECN |
|---|---|---|---|---|---|---|---|
| 1 | Exness |  | Open Exness account | 16$/lot | MT4, MT5, Exness, ... | 1$ | 10$ |
| 2 | IC Markets | | Open IC Markets account | - | MT4, MT5, cTrader | 200$ | 200$ |
| 3 | XM | | Open XM account | 30$ | MT4, MT5 | 5$ | - |
| 4 | XTB | | Open XTB account | 2000$ | MT4, xStation 5 | 1$ | 1$ |
| 5 | FBS | | Open FBS account | 140$ | MT4, MT5, FBS Trader | 1$ | 1000$ |
Forexee vs WorldForex Regulation Comparison
Forexee is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines under the license number 217689.
WorldForex is a registered trademark of Existrade LTD, which is registered in Saint Vincent and the Grenadines, Company number 24441 IBC 2018. WorldForex is also a member of the Financial Commission, an international organization that resolves disputes in the financial services industry on the international currency market.
Forexee vs WorldForex Trading Assets Comparison
Forexee offers over 50 currency pairs, gold and silver, cryptocurrencies, and CFDs on indices, stocks and commodities. WorldForex offers over 200 trading instruments, including forex, digital contracts, stocks and futures.
Forexee vs WorldForex Trading Fees Comparison
Forexee charges commissions from $1 to $15 per lot depending on the account type and trading volume. WorldForex does not charge any commissions, but instead applies spreads from 0.1 pips to 3 pips depending on the market and account type.
Forexee vs WorldForex Account Types Comparison
Forexee offers four types of accounts: STP, Basic ECN, Advanced ECN and Premium ECN. The minimum deposit ranges from $50 to $1000 depending on the account type.
WorldForex offers three types of accounts: Standard, Pro and Jet Trade. The minimum deposit ranges from $1 to $100 depending on the account type.
Forexee vs WorldForex Deposit Options Comparison
Forexee supports various deposit and withdrawal methods, such as bank transfer, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay, Perfect Money, Bitcoin and more.
WorldForex also supports a variety of payment options, such as bank transfer, credit/debit cards, Skrill, Neteller, WebMoney, Qiwi Wallet, Yandex Money, Bitcoin and more. Both brokers compensate all commissions of payment systems for replenishing an account.
Forexee vs WorldForex Trading Platforms Comparison
Forexee provides MetaTrader 4 and MetaTrader 5 as its trading platforms for desktop and mobile devices. MetaTrader 4 and MetaTrader 5 are popular platforms that offer advanced technical analysis, flexible trading system, algorithmic trading and trading advisors.
WorldForex also provides MetaTrader 4 and MetaTrader 5 as its trading platforms for desktop and mobile devices. In addition, WorldForex offers its own web-based platform called WebTrader that allows traders to access their accounts from any browser without downloading any software.
Forexee vs WorldForex Analytical Tools Comparison
Forexee offers various analytical tools for its clients, such as market news, economic calendar, trading signals, level2 market depth, slippage control and more. WorldForex also offers various analytical tools for its clients, such as market news, economic calendar, trade alerts, built-in VPS, strategy tester and more.
Forexee vs WorldForex. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, goals, preferences and risk appetite. There is no definitive answer to which forex broker is better, as different brokers may suit different traders. However, here are some possible factors that you may consider when choosing between Forexee and WorldForex:
- Regulation: Both brokers are regulated by the same authority, the FSA of Saint Vincent and the Grenadines, which is not a very reputable regulator in the forex industry. However, WorldForex has an additional advantage of being a member of the Financial Commission, which provides protection and compensation for traders in case of disputes.
- Trading Assets: Both brokers offer a wide range of trading instruments, but WorldForex has more variety and quantity than Forexee. WorldForex offers over 200 trading instruments, while Forexee offers over 50 currency pairs and some CFDs . If you are looking for more options and diversity in your trading portfolio, WorldForex may be a better choice.
- Trading Fees: Both brokers have competitive and transparent trading fees, but they use different pricing models. Forexee charges commissions based on the account type and trading volume, while WorldForex applies spreads based on the market and account type . If you prefer a commission-based model, Forexee may be a better choice. If you prefer a spread-based model, WorldForex may be a better choice.
- Account Types: Both brokers offer multiple account types to suit different levels of traders, but they have different minimum deposit requirements and features. Forexee has higher minimum deposit requirements than WorldForex, ranging from $50 to $1000 depending on the account type. WorldForex has lower minimum deposit requirements than Forexee, ranging from $1 to $100 depending on the account type. If you are looking for a low-cost entry into the forex market, WorldForex may be a better choice. If you are looking for more advanced features and benefits, Forexee may be a better choice.
- Deposit and Withdrawal Options: Both brokers support various deposit and withdrawal methods, such as bank transfer, credit/debit cards, e-wallets and cryptocurrencies . Both brokers also compensate all commissions of payment systems for replenishing an account . There is not much difference between the two brokers in this aspect, so you can choose the one that offers your preferred payment method.
- Trading Platforms: Both brokers provide MetaTrader 4 and MetaTrader 5 as their trading platforms for desktop and mobile devices . MetaTrader 4 and MetaTrader 5 are popular and reliable platforms that offer many features and tools for traders. However, WorldForex also offers its own web-based platform called WebTrader that allows traders to access their accounts from any browser without downloading any software. If you are looking for a web-based platform that is easy to use and convenient, WorldForex may be a better choice.
- Analytical Tools: Both brokers offer various analytical tools for their clients, such as market news, economic calendar, trading signals, alerts and more . However, WorldForex has some additional advantages over Forexee in this aspect. WorldForex offers built-in VPS service that allows traders to run their trading advisors without interruptions. WorldForex also offers strategy tester that allows traders to test their trading strategies on historical data. If you are looking for more advanced and sophisticated analytical tools, WorldForex may be a better choice.
