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No Regulation
Score
1.46 /10
Danger
WorldOne Forex
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Score
Regulatory Index0.00
Business Index6.60
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
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40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-29
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
WorldOne Forex Review
WorldOne Forex is a currency exchange service provider. It is not regulated. WorldOne Forexwas established in 2013. It provides customers with currency exchange, remittances abroad, foreign exchange cards, and travel services.At World One Forex, they offer convenient and reliable currency exchange services for travelers, businesses, and individuals. World One Forex claims to provide competitive rates and exceptional service if you're planning a trip abroad or need to exchange currency for business purposes.
Pros and Cons
| Pros | Cons |
| No foreign exchange rate fees | Unregulated |
| Various payment methods, including bank transfers, debit/credit cards, and online wallets | Can't be contacted at any time |
| Transfer money within 24 hours |
Is WorldOne Forex Legit?
WorldOne Forex has not been regulated, although it claims to be authorized by the Reserve Bank of India (RBI) with RBI license number NDL-ADI-0001-2023. The WorldOne Forex domain name was established on July 13, 2013, and will expire on July 13, 2025.
What Can I Trade on WorldOne Forex?
WorldOne Forex currently provides foreign exchange services, including currency exchange, remittance abroad, foreign exchange cards, and travel services. Other trading products are temporarily unavailable.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Types
There are four types of accounts: Currency Exchange, Transfer Money Abroad, Forex Cards, and Travel Services.
Users can exchange currencies online, enjoy all international educational remittances, use prepaid cards for overseas transactions, and use travel services to respond to medical emergencies or trip cancellations.
| Account Types | Feature |
| Currency Exchange | Exchange world currencies |
| Transfer of Money Abroad | Applicable to education remittances |
| Forex Cards | Overseas transactions |
| Travel Services | Respond to emergencies |
WorldOne Forex Fees
WorldOne Forex does not charge any fees for foreign exchange rates in terms of commissions, fees, charges, and taxes. Any fees charged by the bank are passed on to the customer at the actual price (+GST).
Deposit & Withdrawal
In addition, WorldOne Forex has no minimum deposit requirements for purchasing foreign exchange, but if you buy a foreign exchange card, you need to top up at least $200 or its equivalent. Users can pay through Bank transfer, debit/credit card online wallet, and other payment methods.
Trading Platform
WorldOne Forex provides a proprietary online trading account platform that currently only supports web login. Personal information will be collected when users browse the website or use services.
| Trading Platform | Supported | Available Devices | Suitable for |
| WorldOne Forex | ✔ | Web | Plan a trip abroad or need to exchange currency for business purposes. |
Customer Support Options
WorldOne Forex offers two contact methods. Users can ask questions by phone and email. Other contact information is not disclosed on its official website. Customer support hours are currently not specified, but we can learn that the processing time for foreign currency outbound remittances is
Monday to Friday 10:00 am to 3:00 pm.
| Contact Options | Details |
| Phone | 8860104511 |
| nodaldelhi@worldoneforex.com | |
| Supported Language | English |
| Website Language | English |
| Physical Address | Shop No. 1, S-1, Ground Floor, American Plaza, Eros HotelNehru Place, New Delhi, Delhi-110019, India |
The Bottom Line
WorldOne Forex is suitable for people who plan to travel abroad or exchange currency for business purposes. WorldOne Forex provides users with a variety of foreign exchange services.
FAQs
Is WorldOne Forex safe?
No, it is unregulated.
Does WorldOne Forex need to pay commissions and taxes?
No, WorldOne does not levy any charges over the forex rate.
Risk Warning
Any transaction is based on the estimated price difference to make profits, which will lead to certain risks, please be careful!
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