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No Regulation
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/10
The WikiFX Score of this broker is reduced because of too many complaints!
White Forex
Saint Lucia
|
1-2 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://whiteforex.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Pakistan 2.45Surpassed 12.30% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+44 7366 382168
support@whiteforex.com
https://whiteforex.com/
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-islet, Saint Lucia
The WikiFX Score of this broker is reduced because of too many complaints!
Licenses
No valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
2025-10-29
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
3
Basic Information
Registered Region Saint Lucia
Saint LuciaOperating Period
1-2 years
Company Name
White Forex Limited
Customer Service Email Address
support@whiteforex.com
Contact Number
+447366382168
Company Website
4
Account
Biz Area
Website
Company Summary
Wiki Q&A
Comment
Account
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
2000
Minimum Spread
From 0
Depositing Method
(6+) VISA MASTER Bank transfer
Withdrawal Method
(6+) VISA MASTER Bank transfer
Minimum Position
--
Commission
4.5
Products
Forex, metals, cryptocurrencies, energies, stocks, indices
Updated：
2025-10-29
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Website
whiteforex.com
3.95.48.243
Server Location
United StatesICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
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Company Summary
| White Forex Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Saint Lucia |
| Regulation | No regulation |
| Market Instruments | Forex, metals, cryptocurrencies, energies, stocks, indices |
| Demo Account | ✅ |
| Leverage | Up to 1:2000 |
| Spread | From 0.2 pips (Standard account) |
| Trading Platform | MT5 |
| Minimum Deposit | $10 |
| Customer Support | Phone: +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 Restrictions | the 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.
Pros and Cons
| Pros | Cons |
| Security measures offered | No regulation |
| Low spread set | Regional 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.
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 Type | Minimum Deposit |
| Standard Account | $10 |
| Low Spread Account | $500 |
| Professional Account | $1,000 |
| Zero Account | $2,000 |
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 Type | Leverage |
| Standard Account | 1:2000 |
| Low Spread Account | 1:2000 |
| Zero Account | 1:1000 |
| Professional Account | 1:1000 |
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 Type | Spread | Commission |
| Standard | From 0.2 pips | ❌ |
| Low Spread | From 0.2 pips | ❌ |
| Zero | From 0 pips | $4.5 per lot |
| Professional | From 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 Platform | Supported | Available Devices | Suitable for |
| Web | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ✔ | Web/Phone/Desktop | Experienced traders |
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.
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
Karoline Hardy 
1-2 years
What leverage does White Forex offer?
Standard and Low Spread accounts go up to 1:2000, while Zero and Professional accounts are capped at 1:1000. Personally, I’d be careful with such high leverage — it can magnify profits but also losses.
Broker Issues
Instruments
Leverage
Account
Platform
07-11
United States
Sam35
1-2 years
Can I know the details about the White Forex fees?
Yes. Standard and Low Spread accounts have spreads from 0.2 pips with no commission, which is good for low-cost trading. Zero and Professional accounts have spreads from 0 pips but charge $4.5 and $3.5 per lot respectively. I couldn’t find details about swap rates or inactivity fees, so I’d definitely check with support before opening an account.
Broker Issues
Fees and Spreads
07-11
United States
Five8
1-2 years
Are there commissions?
Yes, but only on some accounts. The Zero account charges $4.5 per lot, and the Professional account charges $3.5 per lot. Personally, I prefer the Standard account if I want to avoid commission charges altogether.
Broker Issues
Fees and Spreads
07-10
United States
Imranali Khatri
1-2 years
What is the minimum deposit in White Forex?
The lowest entry is $10 for the Standard account. The others are higher: $500 for Low Spread, $1,000 for Professional, and $2,000 for Zero. I’d probably start with the $10 Standard account to test the waters.
Broker Issues
Deposit
Withdrawal
06-19
United States
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rj8620
United Arab Emirates
"They are literally scammers. I’m facing issues with them. Anyone who becomes profitable on this platform cannot withdraw their funds. I currently have around $6000 in my wallet, and they won’t let me withdraw, claiming that I have high-frequency trades on my account. What’s the issue with high-frequency trades? Will they return my money? NEVER. This is how they scam people. I will raise my voice against them on every platform I can to prevent others from falling victim to them. One more thing: they don't care about your emails, support tickets, or live chat. It’s a humble request to everyone here: choose your broker wisely before depositing your hard-earned money."
Exposure
03-21
Fx Muhammad Rizal
Indonesia
Never deposit to this broker, scam, unable to pay even though it's only $40, I was blocked. Poor broker
Exposure
01-10
raka257
Indonesia
they held ndb, but they withdrew all my profits on the grounds that my profits exceeded the maximum limit of $50, I really don't recommend them for you to use this broker, their customer service didn't answer anything either
Exposure
2024-12-10
Ashish7595
India
I opened my account with this broker and deposited $1000 in that account. I made a profit of $104 in that account. But this broker deleted my profit of $104 and blocked my account. This is a scam broker. So I request you to stay away from this broker. Do not open an account with this broker and do not make any deposit.
Exposure
2024-11-26