Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from WorldTradeCenter review
About the broker
| Web: | https://worldtradecenter.io/ |
| License: | |
| Supported languages: | English |
| Year of foundation: | 2021 |
| Holder: | WTC group Limited |
| Headquarters: | Samou 8 street , Nicosia , 1086 Cyprus |
| Methods of contacting customer support: | |
| Contact: | support@worldtradecenter.io +44-2037589389 |
| Deposit methods: | Bitcoin |
| Withdrawal methods: | Bitcoin |
About trading with WorldTradeCenter
| Minimum deposit: | 100 USD |
| Min. trade: | 0.01 |
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:200 |
| Spreads: | Variable |
Underlying assets: Might be a CFD. | Forex, stocks, commodities, indexes, cryptocurrencies |
| Mobile app: |  |
| MetaTrader 4: | |
| Social trading: |  |
Random reviews of competing CFD brokers: OKEX, GeminiCapMarkets, EZInvest and WaveToMarkets
Frequently Asked Questions
🧐 Is WorldTradeCenter a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if WorldTradeCenter is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with WorldTradeCenter is very simple, just register on their website.
📱 Does WorldTradeCenter offer the best mobile app for trading?
WorldTradeCenter offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the WorldTradeCenter mobile app.
⚖️ Would you recommend me WorldTradeCenter?
WorldTradeCenter is one of tens (possibly hundreds) of brokers operating in the European Union, Australia, New Zealand, Great Britain and United States of America, and that's why it makes no sense to choose WorldTradeCenter as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of XTB. |
 | | 100 USD | 0.8 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Plus500. |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with WorldTradeCenter, please share it in the comments to help others to choose the suitable broker.
The WTC Group Limited SCAMMERS ‘R’ US
The WTC Group Limited trading as worldtradecenter.io and nationaltradecenter.io are nothing more than a thinly veiled criminal enterprise. They have all the appearance of a legitimate broker until they have you hooked, then their true colours shine through, they will lie, coheres, threaten, make false accusations and anything else to separate you from your money. They utilize aliases for their agents, a serviced office as an address in Cyprus, they call from random untraceable phone numbers, they are not regulated, and they are banned by several regulators. The WTC Group Limited has no consideration for the law of the countries they trade in and openly break the law with an arrogant impunity due to their anonymity. They are clandestine in operation and criminal in intent. Do not risk your hard-earned money with this criminal enterprise they WILL steal from you !!!!
The WTC Group Limited play a good con and their agents are deceivers of the highest order, The WTC Group Limited utilize Anydesk to access your computer and while the agent is talking to you, his accomplice is ransacking your computer’s data. They will convince you they are your friend and that they have your best interests at heart and then they will utilize the “friendship” to coheres you to invest more and more money from you. When you realize that they are the counter party to your trades you can see their real interests, when you make money they lose money, so they must ensure you lose money, that is their business model. All positive reviews online are fake, they all follow the same format, all lies and deceit another WTC Group Limited trait.
In my case I made reasonable profits for the first few weeks then my account manager “Jeffery Goldman” had to go away for a couple of days, and we were provided with a supposed senior account manager “Sam Fox”. Sam Fox carried out the WTC Group Limits standard procedure and set my account into negative balance overnight, they then demand more money to save your profits. The WTC Group Limited continue to manipulate the account to ensure they have stolen all available funds, then they strike, closing the account at their discretion, and stealing all your money, in my case $140K USD on Xmas day.
The WTC Group Limited is nothing more than a well operated criminal enterprise whose sole purpose is to steal clients’ money, if you doubt this and you have been tricked into starting a trading account try closing the account or withdrawing all your funds and you will see their true nature. You will be given endless excuses and fabricated reasons why you can’t have your money then they will change their contact details and reject your attempts to contact them. This is a standard WTC Group Limited operational method. They claim to be a legitimate broker, Ha Ha Ha Ha Ha what a joke, no real address, no real phone numbers, aliases for their agents, seems more criminal organization than legitimate business.
The WTC Group Limited, will deceive, lie, cheat, fabricate and manipulate to achieve their goal of stealing your money. If you challenge their actions, they will shift into threaten and coheres mode and threaten legal action (no worries they won’t divulge their real names or location, so no legal action) they will utilize insults and false accusation to try and dissuade any legal avenue, they accused me of blackmail and extortion because I had my lawyers sent them a notice of intent. If they can’t shake you off with threats, they will provide all your details to other scam artists to try and steal yet more of your money through fake recovery agents. The WTC Group Limited is ONLY interested in stealing your money.
Their latest scam is to have their agents Domonic and Alex make contact and advise that a refund is to be made for agent misconduct, believable but not true, just another attempt to access personal information. When confronted they become belligerent and insulting, followed by threats and false accusations again. After ten months of dispute, the WTC Group Limited refuse to respond in any way to allegations of theft and fraud only to issue threats. The WTC Group utilized fake news articles to induce Australians to utilize their service a clear breach of the Australian Securities Act, which the WTC Group Limited is aware of but just don’t care, their anonymity allows for their criminal activities to go unchecked.
SCAM, SCAM, SCAM!!!!!! DONT TRUST THE WTC GROUP LIMITED THEY ARE THIEVES AND CON MEN.
“Scammers ‘R’ Us“ thenationaltradecenter/theworldtradecenter.io and all other WTC Group Limited sites have one purpose, to steal investors’ money. At first you make a reasonable profit so they can coheres more money from inexperienced investors, they lie, deceive ,manipulate and threaten to achieve their goal of stealing your invested money.
They utilise Anydesk to access your computer remotely without your knowledge to ensure that they have taken all of the funds available, then they will change tactics. Unexpectedly your account manager will need to attend a seminar or something for three or four days and you will be given a “senior account manager” to assist you during their absence .
At this time the “senior account manager will change your investment strategy to ensure your account begins a downward spiral it will never recover from; they will continue to demand more money to save your profits knowing that any further money will instantly disappear as a loss. Regardless of any personal efforts to reverse the trend the account managers will place trades to ensure the losses continue. Once they have determined that they have taken you for all they can ,they will close your account at their discretion (in my case Xmas day) and you lose everything.
9 Months after the WTC Group Limited scammed more than $140K USD from me I am still in conflict with the Group to be refunded money due to their illegal actions in the Australian market.
The WTC Groups MO is to place fake news articles on social media which induces people to enquire about the article, Once the person responds they are immediately transferred over to the WTC Group Limited and then to an “account manager” (con man) and from there you are hooked and reeled in. This type of deception is in direct conflict with the Act which clearly states, “you do not engage in conduct which is intended or likely to induce people in Australia to use the service” The WTC Group Limited’s actions clearly violate this part of the Act, but they refuse to believe that they are in error.
Regardless of any other spurious activities conducted by the WTC Group Limited, this breach alone should be enough to engender a refund or some kind of reasonable settlement, but no they blamed me and accused me of extortion and later blackmail and threaten me with legal action, all while claiming to still be able to have people from Australia utilise their platform.
The WTC Group Limited aka worldtradecenter and nationaltradecenter. just keep getting worse. After establishing that the WTC Group Limited had breached Australian Law ( ASIC determination) they utilised fake news articles to encourage people to enquire about crypto currencies, then without prior knowledge you are transferred to the WTC Group Limited’s web of lies and deceit. When confronted by this observation the WTC Group Limited’s response was to accuse me of extortion.
When I continued to challenge their right to trade in Australia and advised them that ASIC made the determination not me personally, they accused me of blackmail, insulted me , called me evil, all the time threatening me with legal action. The WTC Group Limited is spurious in nature and clandestine in operation.
No real address just a serviced office, no regulatory oversite, phone contact via untraceable means, registered in St Vincent the Grenadines , aliases for their account managers, they are counter party to your trades( if you’re making money their losing it), they change their email every 3-4months, all designed to prevent any legal recourse to their blatant breaches of law and to steal your money. And they claim to be 100% legitimate, 100% SCAM more likely. Additionally, you will start to receive nuisance calls about fund recovery from other scammers acting on information that could only be provided by the WTC Group Limited.
Customer service is a joke, and they only think about their money and how to get more money from you. An ongoing saga trying to get justice from a tainted company. The WTC Group Limited “Scammers ‘R’ Us” personified , even though the regulator ASIC states that they are not authorised to trade in Australia they continue their activities regardless. Scam Scam Scam!!!!!!!!!!!!!!!”
I have come to write this review and emphasize one thing. The trading platform that the World Trade Center uses is one reliable and efficient platform. I have traded with different companies over the years, they were all good, and I’m not here to shame anyone. But the platform that this firm uses is one that I have truly enjoyed. It is easy to put money in and out and I experienced no difficulties. When I felt I wanted to take out my assets there were hardly any questions asked and no difficulties or glitches along the way. This is something that is important to me when working with a firm because yes, we make the money and we would like to take it out when we desire if there are difficulties along the way then what was all the hard work for? I appreciate the leniency of the World Trade Center in this aspect and many more and I see myself continuing working with them. A big thank you to my account manager Johnny West as well for all his hard work.
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A big thank you to Jonathan Moore my account manager from the World Trade Center. Jonathan Moore has been a tremendous help to me. I joined this firm after going through financial difficulties for close to two years. It was rough and I needed a way to bring in some extra income to my family. I asked my expert traders colleagues how to begin and what steps to take and they led me in the direction of the World Trade Center. They told me that I was able to trust them and that they would tell me all I need to know. I had several phone calls with Jonathan Moore and he was able to answer all the questions I had. I have been very satisfied with the service I have received from the World Trade Center and I cannot recommend them enough. Thank you again to Jonathan Moore for being so patient and being able to help me through it all.
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It has been a real honor that I was able to find the World Trade Center. The whole team has been so kind to me from the beginning of my journey until now, about two years in. Johnathan Miles in particular, my account manager has been a true gem. They are looking to help their clients succeed and reach their goals. The World Trade Center isn’t just another brokerage firm rather when you start trading with them you join the family and they care for you just like they would for a family member. If someone were to tell me this before I started trading with them, I would not believe them however I see it now. Two years in and I am still being treated with so much attention and help and I cannot appreciate that more. I recommend this company to any and all traders, beginners, and experts alike and I guarantee you will not be disappointed.
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I was skeptical in the beginning about the Bitcoin and the company. But working with the right brokers and the people is an important step in the process. I have been working with Ron Silver for months now and I am very satisfied with the service, I do understand how to manage my account like an investment. Choosing to work with the World Trade Center is something I wont regret. I recommend to everyone that wants to invest in Crypto to deal with World Trade Center.
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Sean has the patience to teach me how to trade crypto’s and I am actually making money! I am horrible at computers and have no clue about the crypto world. Sean sat with me patiently for 2 weeks and now I can honestly say I am a crypto trader.
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Using the Trading Platform at the WorldTradeCenter is very easy, and the website design is very beautiful. Whenever I need to take action, WorldTradeCenter is there to provide me with the market information at the perfect time. The execution is fast and the entire team is well-organized. Highly recommended.
Ben Loris was so kind and patient with me as I am not very tech-savvy. I now have my own crypto wallet and I got in with a perfect timing as well. As soon as I requested a withdrawal, I received my first profits from the World Trade Center team within minutes.
It is one of the best platforms and stuff I have encountered to date.