A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 68 | 35% |
| Company age | 22 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 0 | 12% |
| Offshore registration | 80 | 8% |
| Transparency (site/info/social) | 100 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| FSC | Market Making (MM) | SIBA/L/14/1082 | The Virgin Islands | — |
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| ECN Account | 1:10 to 1:2000 ( 50$ – 20000$) 1:10 to 1:1000 (20000$ +) | $350 | As low as 0.2* Pip | -- | ✓ |
| Fixed Account | 1:10 to 1:2000 ( 50$ – 20000$) 1:10 to 1:1000 (20000$ +) | $350 | As low as 2 Pip | -- | ✓ |
There aren’t enough independent reviews for BitWorldFX yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.
0BitWorldFX is a forex and CFD broker based in The Virgin Islands, with records dating to 2020-06-19. It reports oversight from FSC.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
Overview compiled by FXCanary from regulatory records and public data. full BitWorldFX review