CryptoRocket vs World Forex

CryptoRocket or World Forex – which is better for UK traders 2024? Compare CryptoRocket and World Forex in this detailed breakdown of their platforms, features and fees.

CryptoRocket vs World Forex Comparison Table 2024
CryptoRocket World Forex
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1.5
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4
CryptoRocket is ranked #96 among CFD brokers. World Forex is ranked #10 among binary options brokers.
CryptoRocket is an offshore broker offering low-cost trading on popular digital currencies, plus stocks, indices, and commodities. Scalping, bots and hedging strategies are also permitted on the MT4 or MT5 platforms. Traders can access high leverage up to 1:500 and enjoy 24/7 customer support. 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
  • I’m happy to see integration with both the MT4 and MT5 platforms - two of the most reliable and feature-rich terminals on the market
  • I like that the broker lets you have multiple live and demo accounts open at the same, on both the MT4 and MT5 platforms
  • It’s good to see that beginners can get started with just a $10 minimum deposit and there are no minimum trade sizes
  • CryptoRocket offers a very strong range of crypto pairs for those who are primarily looking to trade the digital markets
  • A wide range of assets to trade, including via digital contracts
  • Several different account types with varied pricing structures
  • MT4, MT5 and a proprietary trading terminal
  • Swap-free account available
  • 10+ accepted payment methods
  • Low deposit of $1
  • Copy trading solution
  • Educational content
  • STP/ECN technology
  • Demo account
  • VPS hosting
Cons
  • Compared to other brands, CryptoRocket only offers a few payment methods, with no e-wallets available. Plus, you can only withdraw using Bitcoin, which will be inconvenient for some
  • I’m concerned about the lack of regulatory oversight at CryptoRocket, which means traders won’t have access to any fund protection or compensation schemes
  • I think it’s a shame that there are no copy-trading tools or social trading features at this broker, which are typically popular among beginners
  • The lack of additional analysis tools and educational resources is a major drawback compared to most alternative brands
  • Weak regulation
  • Withdrawal fees apply
  • No negative balance protection
Awards
  • Best Cryptocurrency Broker 2020
  • Crypto Broker of the Year 2020
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Cryptos, Forex, Stocks, Indices, Commodities Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account
Yes Yes
Minimum Deposit
$10 $1
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
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.

iOS App Rating
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1.3
Android App Rating
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1.3
Margin Trading
Yes 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
Yes Yes
ECN Account
Yes 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
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
No 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
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • RUB
Commodities
  • Gold
  • Silver
  • Oil
  • Platinum
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Oil
CFD
CryptoRocket offers a modest range of CFDs covering forex, stocks, commodities and cryptos with a low $10 minimum deposit and no limits on trade size. That said, it’s frustrating that there are no additional tools or resources outside of the MetaTrader terminals to enhance your CFD trading strategies. 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
7.7 NA
GBPUSD Spread<
1.5 NA
Oil Spread
8.7 NA
Stocks Spread
Variable From 0.03
Forex
I was pleased to find a strong range of 55 major, minor and exotic currency pairs at CryptoRocket with competitive spreads from 0.6 pips on EUR/USD. Experienced traders can also utilize the high leverage ratios up to 1:500. That said, I think it’s a shame that there’s no forex market analysis available for traders. 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
55 53
GBPUSD Spread
1.5 From 0.6
EURUSD Spread
0.6 From 0.6
EURGBP Spread
0.4 From 0.6
Cryptocurrency
I was impressed with the broker’s range of 35+ cryptocurrency pairs, including ETHUSD, BTCUSD and XRPUSD. I strongly recommend utilizing the MT4 or MT5 demo accounts if you’re new to crypto trading. CryptoRocket allows you to have as many live and demo accounts open simultaneously, so you can continually practice and execute your strategies. 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
  • ADA
  • DOGE
  • EOS
  • ETH
  • NEO
  • OMG
  • SOL
  • XMR
  • ZEC
  • BTC
  • DOT
  • IOTA
  • QTUM
  • TRX
  • XRP
  • DASH
  • EDO
  • ETC
  • ETP
  • LTC
  • SAN
  • USDT
  • XTZ
  • BTC
  • DSH
  • LTC
  • ETH
  • ZEC
  • XRP
  • BCH
  • XMR
  • EOS
  • NEO
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
CryptoRocket World Forex
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