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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 2011. 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:
- $10 of Free Trade
- A 100% Cash Matching Bonus
- $300 to Refer a Friend or acquaintance
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
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.
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.
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.
- Free Demo Account
- Regulated Broker
- Excellent customer service
- Secure Transactions
- Few Trading Tools