Worldex

Worldex is a forex and CFD broker registered in the Bahamas, having been founded on 21 January 2026. The company's official domain is worldexcl.com, and its registered address is Sea Sky Lane, B201, Sandyport, Nassau, New Providence, The Bahamas. As a relatively new entity in the industry, Worldex is headquartered in the Caribbean jurisdiction, which is a common choice for brokers seeking regulatory flexibility.

Worldex holds a Derivatives Trading License (Market Maker) from the Securities Commission of the Bahamas (SCB), though the status of this license is not specified in public records. The SCB is a regulatory body that oversees capital markets in the Bahamas, but its framework is considered less stringent than major regulators like the FCA or CySEC. Traders should be aware of the implications of such licensing.

The broker is regulated by the Securities Commission of the Bahamas (SCB) under license number unknown, with the specifics of the license status not publicly disclosed. The SCB's regulatory regime includes capital requirements and client money rules, but the level of investor protection may differ from Tier-1 jurisdictions. Worldex's registration in the Bahamas and its SCB license provide a certain degree of oversight, but it does not offer the same level of protection as, for example, a broker regulated by the FCA or ASIC.

It is important for traders to verify the current regulatory standing independently, as the SCB's public register may have updated information. The absence of a clear license status in our records suggests caution, and traders should consider the elevated risk score assigned by FXCanary.

Worldex offers two main account types: Standard and Razor. The Standard account has unspecified minimum deposit and maximum leverage, while the Razor account requires a minimum deposit that is also undisclosed but offers a maximum leverage of 1:30. The lack of detailed information on the Standard account's leverage and initial deposit makes it difficult to assess its suitability for different trader profiles.

The Razor account with 1:30 leverage is typical for retail forex brokers, providing moderate leverage for experienced traders. The minimum deposit for either account is not listed, which may indicate that the broker has not fully publicised its terms, or that it is tailored to specific client categories. Traders should contact Worldex directly for precise account specifications.

Our known facts do not include information on the specific trading instruments available or the trading platforms offered by Worldex. It is common for brokers in this category to provide forex, indices, commodities, and cryptocurrencies via platforms like MetaTrader 4/5 or proprietary solutions. However, without confirmation, traders should inquire directly with the broker.

The absence of this information in public records may be due to the broker's recent establishment or limited online presence. Until further details emerge, potential clients should exercise prudence and request a full list of instruments and platform options before committing funds.

No funding methods or withdrawal procedures are specified in the known facts. Typically, brokers in the Bahamas support bank transfers, credit/debit cards, and some e-wallets, but this is not confirmed for Worldex. The lack of transparency on payment options is a common red flag for new or unregulated brokers, and traders should ensure that the broker offers secure and convenient methods.

Without official documentation, it is advisable to request terms and conditions related to deposits and withdrawals, including any fees or processing times. The elevated risk score indicates that extra caution is warranted in financial dealings with this broker.

Worldex appears to target retail traders interested in leveraged forex and CFD trading, given its account structure and regulatory license. The Razor account with up to 1:30 leverage may appeal to traders who want competitive conditions, but the lack of transparency on the Standard account makes it unclear for whom that account is designed.

Given the broker's recent inception and limited public information, it may be more suitable for experienced traders who are willing to conduct thorough due diligence. Beginners should be particularly cautious, as the elevated risk score suggests potential issues with compliance or operational history.