Compare NordFX vs WorldForex
What is NordFX? What is WorldForex?
NordFX is an international forex broker established in 2008. It provides online trading platforms and free training for traders. It offers low spreads, high leverage, support 24/5, fast order execution and mobile trading. It has over 200 trading instruments, including forex pairs, metals, crypto, CFDs on indices, stocks and oil. It also has a savings account option that pays interest on deposits.
WorldForex is a forex broker that has been operating in the financial market since 2007. It offers the best trading conditions for its clients, including transparent agreement conditions, free training, a loyalty program, support 24/7, contests and special offers. It has over 200 trading instruments, including forex pairs, metals, crypto, CFDs on indices, stocks and oil. It also has a jet trade option that doubles the deposit when funding an account.
NordFX vs WorldForex Regulation Comparison
NordFX is regulated by the Vanuatu Financial Services Commission (VFSC) under license number 15008. It is also a member of the Financial Commission, an independent dispute resolution organization.
WorldForex is registered as a trading brand of Existrade LTD, a company incorporated in Saint Vincent and the Grenadines under company number 24441 IBC 2018. It is also owned and managed by Exispro LTD, a company registered in Saint Lucia under company number 2023-00137.
NordFX vs WorldForex Trading Assets Comparison
| Asset Type | NordFX | WorldForex |
|---|---|---|
| Forex Pairs | 33 | 30 |
| Metals | 2 | 2 |
| Crypto | 11 | 10 |
| CFDs on Indices | 11 | 10 |
| CFDs on Stocks | 64 | 50 |
| CFDs on Oil | 2 | 2 |
NordFX vs WorldForex Trading Fees Comparison
| Account Type | NordFX | WorldForex |
|---|---|---|
| Fix | Spreads from 2 pips, no commissions | Spreads from 2 pips, no commissions |
| Pro | Spreads from 0.9 pips, no commissions | Spreads from 0 pips, commissions from $6 per lot |
| Zero | Spreads from 0 pips, commissions of 0.0035% per trade (each side) | Spreads from -1 pip, commissions from $4 per lot |
| Savings | No trading fees, interest of 30% per year on deposits | No trading fees, interest of up to 25% per year on deposits |
NordFX vs WorldForex Account Types Comparison
| Account Type | NordFX | WorldForex |
|---|---|---|
| Fix | Minimum deposit: $10 Leverage: up to 1:1000 Quote precision: 4 digits 28 FX pairs + metals + crypto + CFDs No commissions MetaTrader 4 platform | Minimum deposit: $1 Leverage: up to 1:1000 Quote precision: not specified 30 FX pairs + metals + crypto + CFDs No commissions MetaTrader 4 platform |
| Pro | Minimum deposit: $100 Leverage: up to 1:1000 Quote precision: 5 digits 33 FX pairs + metals + crypto + CFDs No commissions MetaTrader 4 platform | Minimum deposit: $100 Leverage: up to 1:500 Quote precision: not specified 30 FX pairs + metals + crypto + CFDs Commissions from $6 per lot MetaTrader 4 platform |
| Zero | Minimum deposit: $500 Leverage: up to 1:1000 Quote precision: 5 digits 33 FX pairs + metals + crypto + CFDs Commissions of 0.0035% per trade (each side) MetaTrader 4 platform Access to interbank liquidity (ECN) | Minimum deposit: $500 Leverage: up to 1:500 Quote precision: not specified 30 FX pairs + metals + crypto + CFDs Commissions from $4 per lot MetaTrader 4 platform |
| Savings | Minimum deposit: $500 Leverage: not applicable Quote precision: not applicable<br>No trading fees Interest of 30% per year on deposits Stablecoins (USDT, DAI, USDC) as account balance Option to take loans on deposits to trade | Minimum deposit: $500 Leverage: not applicable Quote precision: not applicable No trading fees Interest of up to 25% per year on deposits Cashback club up to $25 per lot of trades |
NordFX vs WorldForex Deposit Options Comparison
| Payment Method | NordFX | WorldForex |
|---|---|---|
| Bank Cards | Visa, Mastercard, Maestro, UnionPay, JCB, MIR | Visa, Mastercard |
| E-Wallets | Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet, Yandex.Money | Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet |
| Cryptocurrencies | Bitcoin, Ethereum, Tether | Bitcoin |
| Other Methods | Bank Wire Transfer, NganLuong.vn (for Vietnam only) | Bank Wire Transfer |
NordFX vs WorldForex Trading Platforms Comparison
Both brokers use MetaTrader 4 as their main trading platform. MetaTrader 4 is a popular and reliable platform that offers a range of features and tools for traders, such as indicators, charts, orders, trading signals, advisors and more. Both brokers also have mobile versions of MetaTrader 4 for Android and iOS devices.
NordFX also offers MetaTrader 5 as an alternative platform. MetaTrader 5 is an enhanced version of MetaTrader 4 that offers more features and capabilities for traders, such as more time frames, more order types, more indicators and analytical objects, a built-in VPS service, a strategy tester and more.
WorldForex does not offer MetaTrader 5 as an option.
NordFX vs WorldForex Analytical Tools Comparison
Both brokers provide some analytical tools and resources for their clients to help them make informed trading decisions. These include market news, forecasts, economic calendars and more.
- NordFX has a dedicated section on its website for market analysis and news. It publishes weekly forecasts for forex and cryptocurrencies, as well as daily reviews and updates on the market situation. It also has an economic calendar that shows the upcoming events and indicators that may affect the market movements.
- WorldForex has a section on its website for analytics and training. It provides daily market reviews and news articles on various topics related to forex trading. It also has an economic calendar that shows the important events and data releases that may influence the market volatility.
Both brokers also offer access to trading signals from other successful traders through the MetaTrader platforms. However, NordFX has a built-in service for trading signals on both MetaTrader 4 and MetaTrader 5 platforms, while WorldForex only has it on MetaTrader 4 platform.
NordFX vs WorldForex. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, goals and risk appetite. Both brokers have their own advantages and disadvantages, which you should consider carefully before making a decision.
You should also do your own research and appraisal of brokers, as well as consult a professional financial advisor if necessary. In the end, the choice is yours.
