Launched in 2011, MarketsWorld is a reputed broker in binary options trading, regulated to operate in Great Britain. It is licensed as a broker to operate in the Isle of Man—a fact that guarantees safety of your funds.
If you’re aim at testing your skills in binary options trading, we recommend you to opt for Markets World because of:
- High payouts (up to 95%)
- Low startup deposit ($/£20 or €2 only)
- Low entry points ($/£/€1)
- 24×7 customer support
- Quick withdrawals.
We have followed MarketsWorld closely for several years. Our findings reveal that the company holds a solid reputation in the market. Flexibility in terms of trade size, low deposit amount, demo account registration and tips/articles on binary options are some of its most distinguishing features. If you have any queries regarding trading, you should take a look around their website before you indulge in live trading.
Reach out to their customer service at: +44 (0) 1624 678 022 or service@marketsworld.com. US traders are allowed to try their hand at binary options trading. Before that, check out our findings on Markets World.
Is it Scam?
No, we don’t think so. Marketsworld has been in industry since last 5 years. They have their assets spread over a large category, including commodities, currencies, indices and stocks. They deal with trusted banks and finance partners. Besides these, three important facts denote its credibility.
- They hold a valid license endorsed by the UK trading association. It means all transactions falling under MarketsWorld are subject to jurisdiction under Isle of Man GSC. Isle of Man is quite serious when it comes to issuing license. They have laid down legit parameters for various companies to qualify for registration under UK laws.
- They let you test your skills through a demo account, which doesn’t require you to deposit real money.
- If you check out reviews on the internet, you’ll discover that Markets World has received high ratings and positive feedbacks.
All in all, we’re pretty much confident that they aren’t scam.
Trading Platform, Trading Options, Account and Software Features
Account registration is a simple and easy process in MarketsWorld. Once you’re registered, you can trade up to $/£/€1000 in Euros, British Pound and US dollars. The trade markets cater to different types of binary traders. You can add or withdraw funds to your accounts using different debit/credit cards (Visa, Maestro or Mastercard).
The far-reaching MarketsWorld’s platform gives you an opportunity to hone your skills. Coupled with excellent bonuses and the golden opportunity to earn about 95% profit per trade, it’s understood why their website is immensely popular among traders.
When at MarketsWorld, you can trade in:
- Options (High/Low, expiry time varies from 5 minutes to end of the day, Payyout is 92%)
- Currency pairs or Forex (GBP to British Pound, British Pound to Euros, Euros to USD and vice versa)
- Commodities (oil, silver, gold)
- Indices (Ibex 35, CAC 40, DAX 30)
Bonus and Promotions
Although Marketsworld has a number of attractive bonuses to its name, but the real bonus is that they offer money as rewards on trading. This means your winnings are held in to your account until you trade 50 times of your winnings. Besides this, there are ‘Fixed deposit cash match’ (100%), $/€/£50 Free Trade, $/€/£10 ‘No deposit Bonus’ and several monthly rewards program to keep you coming. If you refer the website to your friends, you’ll get up to $/€/£300 on your trade.
Mobile Trading App
To let traders access their trading platform anytime anywhere, Markets World has launched their personalised app. Markets World mobile trading app is compatible with both iOS and Android platforms and offers a seamless trading experience 24×7. The app occupies just 24 MB of your space—a solid addition to your trading experience. In case you have a demo account, you can operate it via desktop browsers and mobile apps.
Account Types on Offer
You can get demo account and live trading accounts. If you’re seeking risk-free opportunities in trading, you better start with a demo account. Once you grasp the intricacies of trading, you can move on to live trading account.
Live trading is fun due to guaranteed withdrawals however customers usually complain of three things:
- The charts display fonts in smaller size.
- Once we place a trade, the system runs a countdown before it’s placed. We don’t find the logic behind waiting for 14 seconds because one can’t cancel the trade in that time.
- Also, the customers need to wait up to 3 minutes after option expiry to find if their option is OTM or ITM by nature.
Payouts
On a positive note, MarketsWorld doesn’t charge any fees or commission or deposits and withdrawals other than a wire transfer (available once in a month) when the site charges you $50. The average payout rate is 90%, but it isn’t applicable to all assets. To top it, the website people don’t offer any OTM refund.
Details regarding Demo Account
In order to open a demo account, one doesn’t need to deposit any money. Demo accounts provide you access to all the underlying assets available at same prices, without risking actual money. The account doesn’t have any time restrictions. If your demo money wipes out, your funds can be reset. The idea behind this account is to develop confidence in traders before they venture out in the real field of online trading.
However, once you open a real account, the demo account becomes void.
Countries Available
Markets World usually caters to the requirements of customers in Euro zone except those countries where trading is barred by laws. The website is available in 9 languages—English, German, French, Spanish, Italian, Russian and three more.
Final Verdict
An easy to use interface, 100% free no deposit demo account, forum for help and a responsive customer team is what makes us recommend Markets World.
What Makes it Hot?
They copy online casinos amazingly well. The glamour is visible as soon as you enter the website and see big guns, limos and supercars coming your way.
Help is available 24×6 (except the time when site is down for technical maintenance) on Email, Skype, Telephone and live chat. You can access customer forums to improve your trading experience with clients.
The site may not have a repertoire of trading tools, but fast execution and accuracy of trading quotes distinguishes them from rest. Marketsworld is a safe, reliable, licensed binary options platform for newbie.
What are its Shortcomings?
Slow processing of trades and the fact that they deal in short term/intraday and high/low option may restrict traders. Upon checking complains registered under Markets World’s name, we came across clients who’ve complained regarding manipulation of prices but there aren’t any evidences to support their claims.
Most complaints are on the limitations of its platform, but not on bonuses, withdrawals and useless signals.
Overall, it’s a great place to test your skills.