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Markets World has shut down their operations.
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Markets World comes across as one of the more established binary options brokers in the industry having launched back in 2020. MarketsWorld is licensed and is regulated in the UK’s Isle of Mann GSC. MarketsWorld offers traders various methods of trading. The company claims to offer high payouts which amounts to around 90-95%.
Plus, traders benefit from a low barrier to entry with low initial deposits at $20/€20/£20 and entry points at $1/£1/€1. They also offer quick withdrawal services and customer support which is available 24 hours a day and 6 days a week. After much research and double checking, we can confirm MarketsWorld is, in fact, a regulated and licensed binary options company.
So, its guaranteed that the funds you deposit will be kept safe. However, since the company isn’t regulated or licensed in America, its strongly advised that US-based traders consult with an attorney prior to using the service. Though the company says that there is no legal opinion as to why US-based traders can’t legally use the service.
MarketWorlds has recently undergone a massive overhaul of the platform and their website. The website no longer has all casino style hyped up ads that promise fast money. The platform has been improved with a better interface, they added more assets, improved the charts system and extended the expiration duration.
Promotions and Bonuses
Ever since the company was founded, they have based their services on various bonuses and promotions which can be considered part of their business. So, not only do they offer the highest potential returns to investors at around 90% but they also provide various bonuses like:
The company also offers unlimited usage of its free demo. If anything the free demo helps traders hone their skills enabling you to try before buying.
Trading Account Information
MarketsWorld is offering a free Demo account to it’s users
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The fact is that there are few if any barriers to entry for anyone wanting to use MarketsWorld. The minimum deposit is a mere $20, with mini trading starting at just $1 though traders can deposit up to $1000. That said the broker caters to traders of all types from experts to newbies.
Plus, the platform supports all major currencies and so you can operate it using USD/EUR/GBP. You can open an account almost immediately with the simple yet quick sign in. Traders can use the live chat option to discuss issues they may be facing with support professionals. So, the company in our opinion seems to have all the angles covered.
MarketsWorld offers a genuinely user-friendly an intuitive platform which allows traders to focus their energy on creating an effective strategy with good entry points. The minimum deposit is set at $20/€20/£20 and minimum trades at $1/€1/£1 to a $1000/€1000/£1000 maximum, which stands to reason that the broker caters to traders of all types.
The broker also offers flexible funding options as well as withdrawal options. All debit and credit cards like Visa, Master, Visa Electron, Visa Purchase, Visa Debit, Maestro, Solo, Switch and Master Debit are supported.
MarketsWorld gives traders easy access to all the major trading assets including indexes, commodities, and currencies. However, what really sets MarketsWorld’s platform apart from its competitors is it being easy to use. Plus, traders can earn around a 95% profit on every trade.
The platform is available on multiple devices
Then there is the fact that MarketsWorld is officially reguated in the United Kingdom which adds further peace of mind for traders. Markets World also offers traders the rare chance of honing their skills via the real-time demo account. Thanks to a selection of elegant bonuses traders can end up making more money thus making them one of the more popular brokers around.
The new and improved platform is a massive upgrade over the previous one. However, we think that it still requires further cosmetic enhancement though its functionality is second to none. It’s easy to find the right assets and navigating through each is easier.
Improved charting makes the decision-making process easier. The charts are for now limited to just sixty-second candles. There are no drawing tools just yet, but these graphs are generated in real time and can be a very handy tool for traders.
MarketsWorld prides itself on having a professional and dedicated team of people who man the phones, live chat, email and Skype 24 hours a day and 6 days a week. The company comes across as an eager listener even if its just criticism in a bid to further improve the trading experience and evolve the trading environment for their clients.
The firm has a great demo account, requiring zero deposit to start with and log in. The firm’s demo provides the same type of access to underlying assets, at the very same prices. All of which provides traders with the chance to try the platform and not risk money or not have to make a minimum deposit.
Plus it is is unlimited and can be used for however long a person wants to. If the demo’s balance finishes the funds can be reset. Its refreshing to see that a broker allows traders unlimited access to their demo account. If anything it proves that the firm has confidence in their own trading platform.
Plus, they are eager and happy to see new traders try the platform because they have faith in the product and how well it will perform. Those who are pleased with the results from the demo account can then upgrade to a real account.
It is important to note that once a trader upgrades the demo account to a paid account, the demo is then void. Though there is nothing stopping traders from opening a second account just to use the demo. So, they can try out various strategies without having to risk real money. We think its one of the best demo accounts of any broker.
The Trading App
Markets World has a mobile trading app which is designed for both iOS and Android devices. The app aims to deliver an experience similar to the original platform. So, the execution of the trades is just as fast as with the computer-based program. The app is supported 24/7, the download is a mere 24 MB.
The platform is easy to use and rather simple
In our experience, the app is an excellent addition to the service mainly because many traders will want to trade when on the go. Interestingly the demo can be accessed from the mobile app just as easily as it can from the desktop program. So, both can be trailed without making a minimum deposit.
Is the Company a Fake or Real?
Located in the UK, Markets World is regulated in the Isle of Man in the UK. Perhaps the most significant attraction of the platform is the 95% payout potential it offers investors. Plus its exceptionally wide asset spread consists of commodities, currencies, indices, and stocks.
That coupled with some of the best customer services which sorts out all traders’ issue along with quick and straightforward withdrawal methods make it worth considering. They also support a number of payment gateways making transactions flexible yet secure.
Even though Markets World does not have the most number of trading tools, they still have major plans for the future. So, you can expect that new developments are on the horizon. We think that the platform offers an excellent service with lightning fast execution of trades and very accurate updated quotes.
We also found that the customer service team responded quickly to our queries and the withdrawal was just as easy as depositing money.
To surmise Markets World is a reliable, regulated and safe binary options broker for both experienced and novice traders. They offer whopping 95% returns, in addition to excellent customer service and secure transactions. So, it’s worth considering by any binary options trader looking for a reliable broker.
A Professional MarketsWorld Review Of A Leading Binary Options Broker
MarketsWorld is a reliable company for investing in the Binary Options, which provides an excellent bonus program, regulated accounts, and premium customer support. The company may be required to update its platform performance and include more financial instruments, but the overall trading environment makes it one of the safest choices in the market.
A Brief Introduction To MarketsWorld Binary Options Trading
In the exciting and dangerous world of Binary Options trading, the overall quality of brokers plays an integral role in determining the profitability aspect of an investor. Make use of our excellent and intuitive review to understand the different aspects of Markets World trading experience. We will provide you with all the inside information on receiving the best services and the largest MarketsWorld bonuses to increase your equity and market exposure. We promise that our review and advice will indeed help you to enjoy a profitable binary options trading experience.
Company Information – All The Key Stats
MarketsWorld is located in the Isle of Man, which is a part of the Great Britain that naturally brings Markets World under one of the most financially transparent markets in the world. Markets World regulation and licensing are supervised by the Isle of Man Gambling Supervision Commission, an authority that is responsible for overseeing the functioning of gaming and betting firms to offer protection to investors against financial malpractices.
MarketsWorld was founded in the year 2020 and is registered in the Isle of Man as a proprietary brand name of MarketsTheWorld Limited. Markets World does not claim to be a broker or an exchange house, as the company clearly mentions its gaming status and the regulatory license issued in the same name. The company has come clear about its gaming status, and traders must not confuse MarketsWorld with other Binary Options brokers in the market that may also offer allied brokerage products and services. In its own right, Markets World offers one of the best binary options trading packages that are suitable for all categories of traders, provided they are willing to overlook a few shortcomings.
List Of Financial Assets Available For Trading
Markets World has limited options for financial assets, as comparatively, other Binary Options brokers offer an exhaustive and comprehensive list of financial instruments for betting on the markets. The list of financial assets available is as follows:
FX Currencies: AUD/JPY, AUD/NZD, AUD/USD, EUR/GBP, EUR/USD, GBP/USD, USD/CAD, USD/JPY, EUR/JPY, GBP/JPY, USD/CHF, USD/RUB, USD/TRY, USD/ZAR
Indices Futures – TADAWUL Index, Dubai Index, TELAVIV TA-35 Index
MarketsWorld offers the major currency pairs traded in the Forex market but has not provided any leading indices or commodities, which is a bit of a drawback for Markets World account holders. Other brokers may be able to offer more options and assets, which may be suitable for a major share of the investors market.
The MarketsWorld Fees, Payouts & Trading Features
MarketsWorld does not charge any fees or commissions for trading, as the company is transparent about its pricing policies. The company offers binary options with a maximum payout of 90% with no option for a refund in the case of a losing or out of the money trade. The trade sizes can vary from $1 to $1000, which is usually manageable for beginner to intermediate traders. Traders that wish to invest more than $1000 will have to find alternative options, but it is fairly risky to invest amounts greater than $1000 in binary options due to the inherent nature of binary options.
The company supports all the basic financial products and trading options, including standard call/put, 60 seconds, ladder options, and 5-minute trades. The minimum investment option of $1 is a good option for traders, but it would have been more preferred if the company had offered even a lower investment option as provided by other leading companies. Nevertheless, most traders will find the overall trading environment to be at par with the industry standards and the general trader consensus.
MarketsWorld Trading Platforms
MarketsWorld offers an online trading platform that is designed and developed by the company as a web-based interface, which does seem to have a few teething issues and performance concerns. The platform is scalable to different platforms for both desktop and mobile operating systems, but there are concerns among traders about the unique and differing aspects of trading. The platform has several security measures and trading programs, which may be unsuitable for beginner traders. Some of the more experienced traders should find the platform to be aesthetically pleasing and just about apt for their trading requirements.
MarketsWorld Mobile Trading
Mobile trading is facilitated through the standalone Web Trading interface, which can be accessed through the web browser of a smartphone or tablet. Most binary options brokers offer a web-based platform due to its flexibility and convenience, while a select few companies may also offer dedicated installable trading interfaces. However, most traders now prefer to access their binary options accounts through a dedicated app, which not only ensures a seamless transition from the desktop platform to the mobile platform but also increases convenience and security aspects of trading.
One of the major disadvantages of the MarketsWorld mobile app is that it is restricted to iOS, thereby offering access only through the iPhone and iPad. Android users will find it extremely hard to find a dedicated Markets World app for their smartphone or tablet, which is something that the company should work on, so as to improve its reputation in the market.
MarketsWorld Minimum Deposit, Withdrawal & Payment Options
Markets World does not inconvenience its traders by stipulating a high minimum deposit requirement. You can open an account for as little as $10, with no maximum limits set for deposits or withdrawals. The minimum deposit requirement is not the absolute lowest in the market, but it is indeed easy and convenient for smaller traders to choose MarketsWorld for their trading needs.
Deposit and withdrawal options are available through several offline and online payment methods that include Switch, Solo, Neteller, Ukash, Visa, MasterCard, Maestro, and Paysafecard. All deposits are cleared within an instant, especially since online payments take less than a second for successful transactions. The withdrawal time, on the other hand, is slightly larger than the deposit time, mainly due to the security protocols and the delay in processing funds. MarketsWorld promises to initiate withdrawals on the same working day, which is further reinforced by the company’s reputation and licensing requirements that ensure 100% successful withdrawal requests for all clients. However, make sure that you give around 3-7 days for the withdrawals to reach your account, as there may be internal processes that may delay the transfer process.
Traders can also utilise the option of depositing ad withdrawing funds using wire transfer, where the company covers all deposit fees. The first wire withdrawal is free, but all subsequent withdrawals are charged $50 per withdrawal. The fees for transfers and withdrawals are determined by the broker from time to time, and even online withdrawals may charge fees for transactions as applicable for a particular payment method. Nevertheless, MarketsWorld has promised to waive off charges for credit/debit card and Neteller withdrawals.
Binary Options trading is one of the fewer investment options in the market that offer hefty bonuses and offers to traders to increase their equity without any risk. MarketsWorld bonuses are perhaps one of the best bonuses that the industry has to offer. First up, Markets World offers a no deposit bonus of $10 for all new traders, which can be traded without any restrictions. The company even allows its traders to withdraw the bonus amount and all profits made with the account by ensuring that the trader has transacted at least 50 times the volume over a specified period.
If you are looking for more bonus options, MarketsWorld also matches a 100% deposit bonus of up to $1000 as a one-time bonus offer. The deposit bonus also has the same conditions as the no-deposit bonus, albeit with a few more conditions that comes as standard for new and existing customers. The Monthly Loyalty program is also a good option for existing customers, who can redeem their loyalty points for trading credits or cash withdrawals. The refer-a-friend bonus also provides up to $500 in free money for every verified referral, which is an easy way to raise money without much effort.
Other MarketsWorld promotions include a $50 risk-free trade, which basically allows a trader to risk up to $50 in the market without facing the risk of loss. Therefore, in the event that the trader falls out of the money for their first trade, the company will credit the entire $50 into the trading account, no questions asked. However, a trader can only choose a single type of bonus, and bonuses are only available for new customers. Once a trader redeems their bonus offer, they will not be eligible for any other promotions offered by the company.
MarketsWorld Demo Account
MarketsWorld offers an unlimited free demo account to all users, irrespective of their investments or live account status. The Markets World demo trading account offers almost the same environment as their real trading account, along with opening credits of $5000. Of course, traders have the option of unlimited recharges, which means that they can take their own time into getting familiar with the markets before investing real money. Demo trading is indeed an important part of gaining experience and improving the psychological aspects of trading, which can indeed increase the odds for success in the Binary Options market.
MarketsWorld Customer Support
MarketsWorld has an excellent team of support staff and customer support representatives, who are available 24X7 to answer your queries and address any concerns that you might have. The broker recommends its traders to contact its online live chat department, which offers speedy response and better resolution to a problem without any significant delays. The live chat system does help in imparting most of the information related to binary options trading, while a majority of issues are also resolved through this platform.
For more direct contact information, the company has provided telephone numbers, email addresses, and their official address, which ensures that customers can contact company representatives directly for addressing any concerns. MarketsWorld’s UK regulation has indeed paved the way for ensuring one of the best customer service channels in the industry, which is an important aspect of choosing a binary options market. The credibility of the company’s customer service channel does impart confidence and trust while investing money and betting on the markets.
Even though the company has created a feature-rich binary options platform, there aren’t any additional features and functionalities offered to traders. For instance, we were surprised to find that the broker does not provide a dedicated knowledgebase, and neither does the broker offer any free or paid trading signals. While it is a technically wise decision from the broker’s part to refrain from indulging in any signals-based service purposefully, traders may often compare binary options accounts on the basis of the signals, technical analysis, tutorials, and other features.
MarketsWorld does provide daily news feeds through its website, along with a summary of the markets. The news analysis may not be sufficient to make the right calls in the fast-paced binary options market, but it should help traders to gain an overall idea of the trends in the market and the economic indicators that give way to price action.
Our Final MarketsWorld Verdict
Is Markets World A Scam?
MarketsWorld is a legitimate company that is fully regulated and offers greater protection for investors.
Do I Get A Free Account & Hold Multiple Accounts?
MarketsWorld does not charge its clients for Demo accounts, and even the real live accounts can be opened free of cost. You will need to deposit $10 to start trading.
Can I Qualify For A Higher Bonus?
The broker offers either a 100% bonus, a $50 risk-free trade, or a $500 refer-a-friend bonus. The loyalty bonus is available for all new and existing clients without any limitations.
What Are My Trading Options?
MarketsWorld offers access to FX currencies, commodities, and indices, but you do get limited options when compared to other binary options trading companies.
Do I Receive The Best Customer Service?
MarketsWorld excels in providing the best support to its clients, which is one of the best aspects of opening an account at Markets World.
Markets World Broker Review 2020
Markets World is a regulated and a recognized binary options broker that offers binary options trading for all types of traders. With this broker, traders can trade with many assets which are categorized into four groups: stocks, currencies, commodities, and indices. We have decided to write this review in order to provide traders with a fair and detailed overview and assessment of this particular broker.
Markets World binary broker has a variety of interesting features that are designed to simplify and streamline the binary trading process while simultaneously providing you with a stimulating environment where you can develop your investment plans.
The trouble with most binary options broker is that, while they might excel in one part of the whole trading experience, they typically lack in another. During our research for this review, we have realized that Markets World is a complete package where you get all the tools and features necessary for an enjoyable and dynamic trading experience.
Markets World Broker – Account Bonuses and Demo
Markets World binary options broker has several different promotions available on the website that are specifically made to boost the trader’s confidence and allow to easily manage the trading process. In order to learn all the details about each and every promotion available, and so that you can find out about possible new promotions as Markets World often introduces new deals, be sure check out this broker’s website.
Markets World binary broker currently offers four account bonuses and a Demo account.
Risk Free Bonus
With the risk free bonus Markets World broker is offering you two chances to win up to $50. What this means is that if you don’t win with the first trade, the broker will replace the stakes from the existing trade with bonus account funds. You can use that money to place multiple trades that total the same stakes as the initial trade, or you can place a single trade in the same amount.
Cash Match Bonus
With this particular bonus, you are rewarded with a 100% bonus that goes up to $1000 when you deposit funds for the first time. By entering the promotion code which can be found on the Markets World website you are enabling the the bonus. Traders are reminded that this bonus is valid only for the first deposit.
No Deposit Bonus
This particular bonus refers to a bonus that is offered to each and every new traders that registers with Markets World binary options broker. There is no need to first place a deposit as this is not the requirement of the bonus. With the No Deposit bonus you get $10 which you can trade for real and withdraw any profit after the value of the bonus has been traded 50 times.
Refer a Friend Bonus
This specific bonus is a referral type bonus where you get a bonus of up to $500 for every friend that is brought to the Markets World. The more friends join this broker, the more bonuses you can collect.
The Refer a friend bonus works in such a way that you get a 100% Cash Match bonus for every first deposit your friends make. Not only that, but your friends are also eligible for the same bonuses and advantages that they would normally get if they signed up on their own. This way you get the added benefit in the form of a cash bonus on your trading account, which we believe is an amazing opportunity.
Free Demo Account
A demo account is a perfect way to gain experience in trading binary options and familiarizing yourself with the trading dashboard. Another amazing benefit of the demo account is that you are able to practice trading in a risk-free environment. Opening the demo account is quick and straightforward: just follow the steps outlined on the website and select the option of ‘practice account’. After submitting the required steps, you will be appointed with 5000 virtual funds credits.
Markets World Broker – Software
At a first glance, Markets World’s trading interface looks very simple but the functionality of it is great. This trading platform is designed for those binary options traders who appreciate and prefer simpler design solutions that don’t overshadow the features and tools intended to streamline and improve the trading process.
With Markets World software you are not required to download anything or install programs or plugins. The entirety of the trading process happens online via broker’s website. This is an amazing solution as you can now trade binary options from any location in the world just by having a device that can support an internet connection and a browser. Traders can also download a mobile app from the app store so you can always have the option of trading on the go. This is perfect for those traders who do not like having to be close to home in order to track and place their trades – trading on the go is a new standard in the binary options trading industry so join the movement.
Assets offered at Markets World include all the major groups that are as follows: stocks, indices, commodities, and currencies. This means that all types of traders can find something for themselves, especially those traders who prefer to diversify the trading process by investing in several different assets. Markets World also highlights that on this trading platform, binary options traders can also choose Forex binary options by choosing the available currency pairs that are listed on the website of this broker.
Markets World Broker – Customer Support Service
Customer support at Markets World binary options broker consists of highly educated and professional individuals that are an integral part of this broker’s services. The agents are available via email or Live Chat option that can be found directly on the broker’s website. There is also a highly beneficial FAQ section that will answers the majority of questions traders usually have.
The Live chat is a very practical and efficient means of discussing any issues or questions you might have without a time delay as you can speak with an agent in real time. When we tested this particular service, we found that the team is very eager to help and delivers answers in a professional yet friendly manner.
If live chatting isn’t really your first choice, you can always contact MarketsWorld via phone, fax or e-mail.
Tip: Trade with reputable and regulated brokers on FX-Advisor.
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