What is FX World Bank?
FX World Bank is a forex and CFD broker based in Saint Vincent and the Grenadines, listed with a foundation year of 2021. It offers leverage up to 1:300, spreads from 1.0 pips and a minimum deposit of $100. Clients trade on MetaTrader4 & MetaTrader5.
FX World Bank is an online forex trading broker based on both MetaTrader4 and MetaTrader5. This broker is available for trading from computers, tablets, and PC. This broker with MetaTrader5 allows their clients to trade for Forex, Stocks, and Futures. It is also a multi-currency platform and this broker allows copy trading.
FX World Bank has four types of accounts to serve their clients. Cent, Zero, ECN, and Partner are these four categories of accounts. Each of these is available for a different type of trading and different level of leverage and other features. All of these accounts have a spread starting from 1.0 pips.
The cent account is the account for beginners. This account is also for academy trading. The Cent account starts with a $100 minimum deposit. The leverage in this account is up to 1:500.
The ECN account is for institutional traders. This account allows a trader to trade up to 300 lots per contract. The leverage in this account varies from 1:1 to 1:300.
The Partner account from this broker allows multi-trading. This account has some tools controlled by bots or trading robots. The leverage in this account is up to 1:500. Clients can trade Indices, Forex, and Cryptos with this account.
The Zero account starts from a minimum deposit of $50,000. Clients can do all types of trading with this account and this account actually charges no money for a commission. The leverage in this account is massive. This account provides leverage up to 1:1000. This is huge.
Is FX World Bank safe and regulated?
FX World Bank is regulated by FX World Bank has no regulatory. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
FX World Bank account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $100 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
FX World Bank provides MetaTrader4 & MetaTrader5, so you can trade from any browser without installing software.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 1.0 pips on major currency pairs.
- Leverage up to 1:300 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
FX World Bank supports 4 funding methods, including Bank Transfer, Skrill, B2B in Pay, Airtm. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.
FX World Bank bonus: <p>This broker provides 10% to 30% deposit bonus on different categories of account</p>
How the promotion works
The current FX World Bank promotion is <p>This broker provides 10% to 30% deposit bonus on different categories of account</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the FX World Bank website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
FX World Bank pros and cons
Pros
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
Cons
- Only offshore regulation
- No investor compensation scheme
- $100 minimum deposit is higher than some rivals
- No Islamic account listed
How to open a FX World Bank account
- RegisterVisit the FX World Bank website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $100 with Bank Transfer, Skrill, B2B in Pay or another method.
- Start tradingLog in to MetaTrader4 & MetaTrader5 and set your risk per trade.
Is FX World Bank a good broker? Our verdict
FX World Bank suits active traders who want freedom to scalp or trade the news. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.