Trade World FX has been flagged by Financial Services Regulatory Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Trade World FX has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Market news feed|Customizable dashboard
Cons: Mobile app could be improved
The reporting at Trade World FX is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Dividend tracking|Easy withdrawals|Fast deposits
Cons: Withdrawal takes 1-2 business days|Spreads widen during volatile periods
I closed a profitable position at Trade World FX and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: API access|Multiple order types|Copy trading available
Cons: Wish they had more educational resources
Trade World FX offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Multi-currency support|Tax reports included
Cons: No fractional shares
After for about five months with Trade World FX, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Real-time alerts|Wide product range
Cons: Account statements could be more detailed|Mobile app could be improved
I experienced a security concern with my Trade World FX account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Full transparency|Customizable dashboard
Cons: Email notifications too frequent|Mobile app could be improved
I signed up with Trade World FX through word of mouth in my investment club and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Real-time alerts|Responsive team|Reliable uptime|Transparent fees
Cons: Limited ETF selection
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Trade World FX is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Trade World FX has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Trade World FX recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Customizable dashboard|Economic calendar|Easy to use platform
Cons: No phone support on weekends|Could offer more webinars