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WHITEFOREX Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:18

Abstract:White Forex is a broker founded in 2013 and registered in Saint Lucia, offering trading in forex, metals, and cryptocurrencies on the MT5 trading platform.

White Forex Review Summary
Founded2013
Registered Country/RegionSaint Lucia
RegulationNo regulation
Market InstrumentsForex, metals, cryptocurrencies, energies, stocks, indices
Demo Account✅
LeverageUp to 1:2000
SpreadFrom 0.2 pips (Standard account)
Trading PlatformMT5
Minimum Deposit$10
Customer SupportPhone: +44 7366 382168, +44 7366 382168
Email: document@whiteforex.com, support@whiteforex.com
Facebook, Instagram, Twitter
Company address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-/islet, Saint Lucia
Regional Restrictionsthe United States, Cuba, Iraq, Myanmar, North Korea, Sudan

  White Forex, founded in 2013 and registered in Saint Lucia, is an unregulated brokerage. It offers various market instruments like forex, metals, and cryptocurrencies on the MT5 trading platform, with various account types and different leverage options. It supports multiple deposit and withdrawal methods such as Mastercard and bank transfer. However, it has regional restrictions and has no regulations.

White Forex's homepage

Pros and Cons

Pros Cons
Security measures offeredNo regulation
Low spread setRegional restrictions
No commission charged for funding
MT5 platform provided

Is White Forex Legit?

  White Forex claims it protects your trading accounts from unauthorized access by selecting a preferred security option. However, it is not regulated well by any institution.

Is White Forex Legit?

What Can I Trade on White Forex?

  White Forex offers over 1000 assets including forex, metals, cryptocurrencies, energies, stocks, and indices.

Tradable Instruments Supported
Forex✔
Metals✔
Indices✔
Stocks✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌
Mutual Funds❌

Account Type

  White Forex offers the Standard, Low Spread, Zero, and Professional Accounts with the minimum deposit of $10, $500, $2,000, and $1,000 respectively.

Account TypeMinimum Deposit
Standard Account$10
Low Spread Account$500
Professional Account$1,000
Zero Account$2,000
Account comparison

Leverage

  The leverage for Standard and Low Spread accounts is 1:2000, while the Zero account and the Professional account have a leverage of 1:1000.

Account TypeLeverage
Standard Account1:2000
Low Spread Account1:2000
Zero Account1:1000
Professional Account1:1000

White Forex Fees

  The Standard and Low - Spread accounts both start at 0.2 pips spread and have no commission. Meanwhile, the Zero and Professional accounts offer spreads starting from 0 pips, but with commissions of $4.5 and $3.5 per lot respectively.

Account TypeSpread Commission
StandardFrom 0.2 pips❌
Low SpreadFrom 0.2 pips❌
ZeroFrom 0 pips$4.5 per lot
ProfessionalFrom 0 pips$3.5 per lot

Trading Platform

  White Forex supports MT5 trading platform. On the MT5 platform provided by White Forex, traders can access a wide range of financial instruments. In terms of analysis tools, the MT5 platform offers in - depth technical analysis capabilities.

Trading PlatformSupported Available Devices Suitable for
Web✔Web/
MT4❌/Beginners
MT5✔Web/Phone/DesktopExperienced traders
MT5

Deposit and Withdrawal

  White Forex supports MasterCard, Perfect Money, and bank transfer to make a deposit or withdrawal. They accept USD and charge no commission. The processing is carried out in an instant.

Deposit and Withdrawal

Related broker

Not Regulated
WHITEFOREX
Company name:White Forex Limited
Score
1.77
Website:https://whiteforex.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.77

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