World Forex Review
Xtrade
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Overview
World Forex Review was founded in 2008 and is headquartered in Vanuatu, while Xtrade was established in 2003 and is based in Australia. World Forex Review holds licences including Vanuatu Financial Services Commission (VFSC), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. World Forex Review serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $100 at World Forex Review and $1 at Xtrade.
| Feature | World Forex Review | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Vanuatu Financial Services Commission (VFSC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2003 |
| Country | Vanuatu | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between World Forex Review and Xtrade, directly affecting your bottom line as a trader. Xtrade 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 Xtrade does not, a notable advantage for frequent withdrawers. World Forex Review charges deposit fees; Xtrade does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | World Forex Review | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
World Forex Review offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | World Forex Review | Xtrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android Apps,iPhone/iPad,Desktop | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how World Forex Review and Xtrade compare. World Forex Review runs regular live webinars; Xtrade does not. World Forex Review has a video library; Xtrade does not. World Forex Review publishes daily market commentary; Xtrade does not. World Forex Review integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.
| Feature | World Forex Review | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. World Forex Review uniquely supports bank transfer and credit/debit card among the two brokers. World Forex Review scores higher on deposit and withdrawal flexibility.
| Feature | World Forex Review | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both World Forex Review and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. World Forex Review offers multilingual support. Both brokers are comparable on support quality.
| Feature | World Forex Review | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |