EuroTrader vs World Forex
Eurotrader or World Forex – which is better for UK traders 2024? Compare Eurotrader and World Forex in this detailed breakdown of their platforms, features and fees.
| Eurotrader | World Forex |
|---|---|
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| Eurotrader is ranked #92 among CFD brokers. | World Forex is ranked #10 among binary options brokers. |
| EuroTrader is a CySEC-regulated CFD broker, established in 2018. The brand aims to empower and educate traders of all abilities, offering bespoke software including a copy trading app. EuroTrader customers can also trade on MT4 and MT5, with VPS connectivity, market insights and trading calculators. | World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets. |
| Pros | |
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| Cons | |
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| FCA Regulated | |
| Yes | No |
| Instruments | |
| CFDs, Forex, Stocks, Cryptos, Commodities | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | $1 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| CySEC, FINMA, FSCA, FCA | SVGFSA |
| Mobile Apps | |
| iOS & Android | iOS, Android + Web Browser |
| Trading App | |
The WorldForex Trader Lite app offers very basic mobile trading capabilities. It took upwards of 30+ minutes just to get access to the trading app, with a frustrating process to open an account. The mobile interface itself has a subpar look and feel, encompassing basic charts and order windows. The other issue is that it’s slow and sometimes lags when you move between features and place trades. Ultimately, it trails category leaders. |
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| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| No | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply and the platform is available via downloadable software plus a web-accessible solution. | |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| No | Yes |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| EuroTrader offers leveraged CFDs on a large suite of 2000+ instruments with MT4/MT5 access. Trade with high leverage up to 1:500 and choice of pricing models, alongside 24/5 customer support. | World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances. |
| Leverage | |
| 1:500 | 1:1000 |
| FTSE Spread | |
| 6 | NA |
| GBPUSD Spread< | |
| 0.7 | NA |
| Oil Spread | |
| 3 | NA |
| Stocks Spread | |
| Variable | From 0.03 |
| Forex | |
| Trade 50+ major, minor and exotic currency pairs including EUR/USD and USD/JPY. Invest commission-free on the Micro Account with average spreads of 1.2 pips and a low $50 minimum deposit. | World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types. |
| Assets | |
| 59 | 53 |
| GBPUSD Spread | |
| 0.7 | From 0.6 |
| EURUSD Spread | |
| 0.2 | From 0.6 |
| EURGBP Spread | |
| 0.6 | From 0.6 |
| Cryptocurrency | |
| Trade 17 cryptocurrency CFDs including Bitcoin and Ethereum with a 50% margin rate. Commission fees apply from 0.5%, which are reasonable but now the lowest. | Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available. |
| Spread | |
| Variable | 0 |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry. | |
| Payout | |
| 100% | |
| Expiration Times | |
| 1 minute - 7 days | |
| Boundary Options | |
| No | No |
| Ladder Options | |
| No | No |
| Eurotrader | World Forex |
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