Gann Markets vs World Forex
Gann Markets or World Forex – which is better for UK traders 2024? Compare Gann Markets and World Forex in this detailed breakdown of their platforms, features and fees.
| Gann Markets | World Forex |
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| Gann Markets is ranked #96 among CFD brokers. | World Forex is ranked #10 among binary options brokers. |
| Gann Markets is a forex and CFD broker founded in 2018 and based in Montenegro. The broker offers Standard and ECN accounts with access to 150+ instruments. Registered offshore in St. Vincent and the Grenadines, Gann Markets aims to offer straightforward tools and fast funding for both novices and experienced traders. | 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 | |
| No | No |
| Instruments | |
| CFDs, Forex, Commodities, Cryptos, Stocks, Indices | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $1 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| SVGFSA | SVGFSA |
| Mobile Apps | |
| 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 | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | 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 | |
| Yes | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| Yes | 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 | |
| Yes | Yes |
| Copy Trading Platform | |
| Copy trading signals available via the MT4 platform. Multiple traders and strategies can be followed. Users can also set risk management controls and retain access to their funds. | 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 | |
| MT4 | 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 |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Access 5 asset classes via CFDs with commissions of $7 per round lot in the ECN account. Traders can enjoy fee-free deposit and withdrawals, ideal for active traders. Users also get reliable trading software. | 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 | |
| 1:400 | 1:1000 |
| FTSE Spread | |
| 17 | NA |
| GBPUSD Spread< | |
| 7 | NA |
| Oil Spread | |
| 25 | NA |
| Stocks Spread | |
| From 1 | From 0.03 |
| Forex | |
| Trade a reasonable selection of 38 currency pairs with typical spreads from 1 pip. Standard account users can start with a $0 minimum deposit and very high 1:400 leverage. | 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 | |
| 38 | 53 |
| GBPUSD Spread | |
| 7 | From 0.6 |
| EURUSD Spread | |
| 1 | From 0.6 |
| EURGBP Spread | |
| 7 | From 0.6 |
| Cryptocurrency | |
| Trade 10 of the world's most popular digital assets including BTC/USD. Beginners can also replicate other crypto positions using the platform's copy-trading feature. | 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 | |
| From 147 | 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 |
| Gann Markets | World Forex |
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