Reforex.net Review Reforex is a Risky HYIP. Don’t Invest!

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WorldForex Review – is wforex.com scam or good forex broker?

Trading Accounts & Conditions

Account type Minimum deposit Minimum trade size Maximum leverage Spreads
W-Cent $1 0.1 1:500 Fixed at 2.0 pips
W-Profi $1 0.01 1:500 Fixed at 2.0 pips
W-ECN $1 0.01 1:100 From 0.2 pips

WorldForex offers several forex trading account types, for which there is no minimum initial deposit set and besides, no commission fees apply. The W-Cent and W-Profi accounts provide fixed spreads, while floating spread is available on W-ECN accounts. Besides, there is a special binary options trading account.

In fact, the fixed spreads offered by this broker are average, amounting to 2.0 on EUR/USD. Unfortunately, we cannot tell what are the typical variable spreads of WorldForex, as it actually does not offer free demo accounts. For further information, look up the real-time spreads of 15 leading brokers here.

The Company. Security of Funds

WorldForex was founded in 2007 and the company behind the brand was registered on the British Virgin Islands. It offers trading in more than 50 currency pairs, as well as various CFDs on the MT4 platform. In 2020 the WORLD FOREX trade mark was transferred to Existrade Limited, which is registered within the jurisdiction of Vanuatu, licensed by Vanuatu Financial Services Commission (VFSC).

Although this sounds like WorldForex is a regulated broker, this is not exactly the case. Licenses issued by offshore bodies and organizations are basically just shiny pieces of paper. These brokers are not required to meet high capital adequacy requirements, to report transactions, nor to apply strict client protection rules. That is why investing with offshore companies is risky and you�d rather select a broker licensed by some trustworthy financial authority, such as UK�s FCA or Australia�s ASIC, for example.

Another fact worth mentioning about this broker is that it maintains another domain, existrade.com, which is less informative and redirects to wforex.com.

Trading Platforms

Like most brokers, WorldForex supports the robust MetaTrader 4 (MT4), available as desktop, web and mobile versions. This platform is easy to use and offers a number of technical analysis indicators, advanced charting tools, extensive back-testing options, and wide range of Expert Advisors (EAs).

WorldForex offers 100% on-deposit bonus and free VPS server for those clients who invest at least $100.

Methods of Payment

WorldForex offers its clients wide range of payment methods: credit/debit card (Visa, MasterCard, Maestro), bank wire transfer, and e-wallets Яндекс Деньги, WebMoney, Qiwi, OKPAY, BPAY moneta.ru and Bitcoin.

Conclusion

WorldForex is a forex and binary options broker whose trading conditions appear quite reasonable. In spite of this, it is not recommended because it is registered offshore. To sum up the above:

Pros Cons
MT4 available, bonuses offered Offshore broker
Competitive spreads No demo functioning accounts
No initial deposit required, no commission fees charged No choice of trading platforms
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it�s EU-regulated and there�s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

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FxPro is a broker we are particularly keen on: it�s regulated in the UK, offers Metatrader 4 (MT4) and cTrader � where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

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�������� �������� ��������, ��������������� ������ �������������� ���������� �� ������. 8 19.05%
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������� ������ �� ����������� ��������. ���� ��� �����, ��� �����, ����� � ������ ������� ���������� ���������������. ���� � ������� 3 000 �������� �� ����� ������. ��� ��� ������ ���� ����, � ������������� � ����� ���� ����� ��� �����������, �� � ����� (� �� ������ �, ��� ��� ������ ���� �� ������ ���) �������� �������� � �� �������� 3SigmaProfit. � �������, ��� ����� ����� ��� ����� �������� �� ������ ������ �����, ��� ��� ��� ������� ������ �����. +10% ���������� �������� �� 3 ������ �� ���� �����. ����� ����� ������ ����-�� ������� ������� ���������� ��������������� � ����� ��������, ��� ����� ��� � �������� ����� ��� ���� ����� 15% (���� 10 ������������, ����� ����� 25%). ������ ����� ����� ���� � ����� �������� � ������, ��� � ����� ������ (�������� �������) ��������� ����, �� ������� ����� ����� ������ �� �����. ������������ �� � �� �����, ������ ������ ����? ������� ��, ���!

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5) ���� ����� ���� �� �������� ����������� ���������� � ����� �������� �������. ���� ��� ������ ����� ��������� �������� � �����. � ����� � ���������� �� ����� �������� �� ���� ������ �� �������.

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��� ����� ������������� � ������ ��������, ��������������� ������ �� �� ������? �� ��� �� ��� � � HYIP �����. �� ����, ����������� ������ �� �������, � �� �� ��������� ��������������. ������, � ���������, ��������� �������, ��� ��������� � ��� �� �������, ��� � � ���������, ��������� �� �������. � ��� ���� ���������, ��� ��������� ����� �� ������� ������.

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Forex hyip investment

Forex is the world�s largest trading market. In this fastest growing online trading arena, people try their hand in an attempt to earn profits and grow rich. This opens up a number of investment schemes for traders, which include HYIP and forex investment funds. Forex HYIP investment is lucrative, but first one needs to understand the relationship between Forex market and HYIP to start making investments.

What are HYIP programs?

HYIP stands for �High Yield Investment Program�. It is one of the growing online trading programs that allow a trader to earn profit via the internet. What makes HYIP programs stand out from others is its ability to accept low investments of $1.00 with possible high returns. HYIP�s make this profit by trading stocks, funds, forex or sport bettings. Reliable HYIPs receive money from investors and uses this amount to trade in various projects. Investors receive a share of the gain within a stipulated time.

The other side of this coin states forex hyip investment as a highly risky venture. Payment in HYIPs is done on hourly, weekly or monthly basis. It is to be noted that if an HYIP pays his investors hourly then it is likely to be a Ponzi scheme.

How does a Ponzi scheme operate?

A hyip forex investment fund that promises very high returns within a short span of time can be called a Ponzi scheme. Named on Charles Ponzi, it is a process where funds from new members are used for paying existing investors. An admin of a Ponzi scheme is continuously looking for new candidates to keep the pyramid flowing. Once investors are not found, the pyramid breaks down and members are likely to go into bad debt. To prevent any such mishap, certain factors must be kept in mind before investing in hyip.

Factors affecting a forex hyip investment:

Certain points need to kept in mind so that a hyip does not turn out to be a scam:

Domain name:

The domain expiry period of a hyip tells a lot about its validity. Good hyips have website domains which last for 3 years or more while scams or fraudulent may have domain validities of 1 year or less.

Proof of Payments:

Hyip sites with positive reviews about regular payments are sure to be better than the ones with negative comments or reviews. This can be done by thorough scanning of the concerned website of a hyip forex investment fund.

Admin activeness:

Most admins who are always determined to provide good quality services and regular payments to his investors get back with quick responses. He does so via messages, forums or live chats.

Active admins often distinguish better from others.

Is it worth trying forex hyip investment?

Though hyips are of the riskiest ventures to be involved in, they are one the best techniques to earn quick money. Traders must be fully aware of businesses in which hyips trade their money. For example, if a program is found to trade in real estates it is likely to be stable. Similarly, forex investment fund uk which provides a constant interest rate is likely of be a scam. Genuine hyips vary their rates every day.

Since people lie earning fast money, forex hyip investment can be useful. But risk factors do prevail and one needs to keep in mind the mentioned preventive measure before investing in a certain program. If you also desire to be a part of forex hyip investment programs, enquire properly and contact a reliable company today.

The content of this article reflects the author�s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.

Reforex.net Review: Reforex is a Risky HYIP. Don’t Invest!

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    Perfect For Beginners!
    Free Demo Account!
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    Sign-up Bonus!

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    Trustful Broker!

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