B

Blitzbrokers

6.3/10
World Forex Review logo

World Forex Review

6.9/10
5/10WinnerRegulation4/10
10/10WinnerFees4/10
7/10PlatformsWinner9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while World Forex Review was established in 2008 and is based in Vanuatu. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. Blitzbrokers serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $1 at Blitzbrokers and $100 at World Forex Review.

World Forex Review wins this category
FeatureBlitzbrokersWorld Forex Review
Min. Deposit$1$100
RegulationSecurities and Futures Commission (SFC)Vanuatu Financial Services Commission (VFSC)
Founded19822008
CountryHong KongVanuatu
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blitzbrokers and World Forex Review, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $100 at World Forex Review). World Forex Review charges withdrawal fees while Blitzbrokers does not, giving Blitzbrokers an edge for frequent withdrawers. World Forex Review charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.

Blitzbrokers wins this category
FeatureBlitzbrokersWorld Forex Review
Min. Deposit$1$100
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Blitzbrokers offers MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which World Forex Review does not offer. World Forex Review edges ahead on platform breadth and functionality in our scoring.

World Forex Review wins this category
FeatureBlitzbrokersWorld Forex Review
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,WEB,AndroidAndroid Apps,iPhone/iPad,Desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and World Forex Review compare. World Forex Review runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. World Forex Review publishes daily market commentary; Blitzbrokers does not. Both integrate third-party research tools. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.

World Forex Review wins this category
FeatureBlitzbrokersWorld Forex Review
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blitzbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while World Forex Review supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBlitzbrokersWorld Forex Review
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blitzbrokers and World Forex Review offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureBlitzbrokersWorld Forex Review
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese