Marketsworld – review and feedback on licensed binary options and forex broker

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Marketsworld – review and feedback on licensed binary options and forex broker

вњ… This Trading Platform is available in United States

Overview of known binary option brokers: Marketsworld

The choice of a reliable broker of binary options largely depends on the individual preferences of the trader. For some participants of Internet trading, the main indicators are the security of their own funds and guarantees for the fulfillment of the obligations of the broker, others – pay attention to the number of offered financial instruments or the time necessary to withdraw earned money, etc. There is no universal formula allowing to create a trading platform that will meet the demands of traders at 100%.

Famous in the world financial markets MarketsTheWorld Limited (Isle of Man, crown British possessions) and its Marketsworld site are of interest for both experienced and novice traders. This is evidenced by numerous reviews in the network and a steadily growing interest in the activities of this broker, positioning itself as the leader in the online trading industry of binary options.

Marketsworld Trading Platform: General

The organization was launched in 2020, and today, thanks to the high profitability of transactions (the company pays up to 90% for each winning operation), interesting bonus offers and comprehensive support of its customers, the site is popular with traders from all over the world! The modern Marketsworld application and the official web resource of the broker guarantee high speed of trading operations and reliable protection of personal information of users.

Activity control

Isle of Man GSC, the special supervisory body of the Isle of Man, regulates the activities of the broker. And this concerns not only the legality of financial transactions, but also technical issues (the company’s web resource should guarantee the safety of traders and the complete absence of force majeure situations that may influence the outcome of trade transactions).

To ensure the safety of financial assets of traders, the management company uses the accounts of reliable European banks, and the supervisor periodically checks the broker’s ability to fulfill its obligations, in accordance with established rules and terms.

Training and user support

By registering on the Marketsworld site a login, a novice trader gets the opportunity to open a free demo account, which in practice allows them to sharpen their own earnings strategies by trading binary options and other financial instruments. Additionally, users get access to training materials that help to fill the lack of theoretical information about the modern world financial market, its tools, key players, etc.

Daily analytics on the web resource and social sites of the company allows experienced traders to reduce their risks when concluding trade deals. In case of any problems, the broker’s clients can contact the support staff (works around the clock and without holidays), via e-mail or through a special chat on the company’s website.

How to work on Marketsworld: an overview of key parameters

After registering and studying the demo account on the Marketsworld site, the user can start entering real financial transactions. At the same time, the amount of the deposit must be at least $ 10, and the minimum rate – $ 1 (maximum value – $ 1 thousand).

Deposit / withdrawal of funds

The represented broker carries out a withdrawal of means of the clients without the commissions and processes the information necessary for this procedure, within 24 hours. As a rule, users of the trading platform receive their money 3-7 banking days after the beginning of the operation.

Traders can replenish their trading account or withdraw money using:

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в—Џ MasterCard and Visa bank cards;

в—Џ Western Union;

в—Џ transfers of international financial and credit institutions.

The currencies of the broker’s account are: the Russian ruble, the euro and the US dollar.

Basic Tools

On the trading platform Marketsworld, users can trade binary options, shares of international companies, currency pairs, indices and commodities.

Making up for Marketsworld an overview of the available opportunities for profit, it is necessary to highlight the fact that a simple algorithm of working with options allows investors, within a short period of time, to increase their capital by 1.5-2 times.

Advantages of trading platform

Among the main advantages of the company represented are:

в—Џ high level of customer safety;

в—Џ Presence of control by state bodies;

в—Џ A real system of bonuses and shares that encourages traders to enter into trade transactions;

в—Џ an ideal combination of simplicity of operations and high speed of the resource;

в—Џ No problems with replenishment / withdrawal of earned funds.

Studying about the site of Marketsworld user reviews on the World Wide Web, we can conclude that the specialized forums and sites are dominated by positive characteristics, but there are dissatisfied customers. Many analysts argue that this situation is typical for most popular brokers, that is, do not draw conclusions about the reliability and security of the trading platform only on the basis of feedback. For these purposes, there are independent reviews and articles of specialists, each broker gives potential customers the opportunity to work on their trading platform using a free demo account. And do not forget about the “age” of the resource: the so-called “black brokers” will not be able to carry out their activities with impunity for seven years.

Review of known binary option and forex broker: Marketsworld

The choice of a reliable broker of binary options depends on the individual preferences of the trader. For some participants of Internet trading, the main indicators are the security of their own funds and guarantees for the fulfillment of the obligations of the broker, others . There is no universal formula allowing to create a trading platform that will meet 100%.

Famous in the world of financial markets MarketsTheWorld Limited (Isle of Man, Crown British possessions) and its Marketsworld site are of interest for both experienced and novice traders. This is evidenced by numerous reviews in the network and a steadily growing interest in the activities of this broker, positioning itself as the leader in the online trading industry of binary options.

A Professional MarketsWorld Review Of A Leading Binary Options Broker

Summary

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.

  • Official Website: www.marketsworld.com
  • Headquarters: Isle of Man, Great Britain
  • Phone Number: +44 (0) 1624 679 022
  • Email Address: [email protected]
  • USA Traders Allowed

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.

MarketsWorld Bonus

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.

MarketsWorld Extras

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

  • A top regulated and licensed binary options trading company that promises greater security of funds.
  • A low minimum initial investment that starts from $10.
  • Varied payment options.
  • Some of the best bonuses for deposits, risk-free trades, and loyalty programs.
  • Excellent customer service & support staff.

CONs

  • The number of financial assets is low for a binary options trading platform.
  • The Platform could use a lot of improvements and added features.
  • Traders can benefit from a knowledge base, technical analysis, signals, or a resources page.

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.

MarketsWorld (Inactive) Review

MarketsWorld (Inactive)

Broker MarketsWorld (Inactive)
US Traders Accepted
Company Name MarketsTheWorld Limited
Headquarters Isle of Man, Great Britain
Regulation Isle of Man Gambling Supervision Commission
Bonus Type Match bonus
Bonus Size 100%
Max Payout 90%
Out-of-Money Reward 0%
Trading Platform MarketsWorld
Deposit Options Credit/debit cards, Neteller, wire transfer, Ukash, paysafecard
Deposit Currencies US dollar, British pound, euro, Australian dollar, Canadian dollar
Minimum Deposit $10
Minimum Trade $1
Maximum Trade $1,000
Online Since 2020
Trading Instruments Forex, Commodities, Indices
Number of Trading Instruments 18
Binary Option Types High/Low
Customer Support Types Email, live chat, telephone, fax, paper mail
Education Offered FAQ, glossary, blog, articles
Tools Offered Market news, self-exclusion
Commission $10 minimum to withdraw, withdrawals are free except for wire transfers, which carry $50 fee per withdrawal.
Languages English
Demo Account Yes

On October 16, 2020, MarketsWorld has closed its binary options trading service. The review below is presented for the archiving purposes.

While many binary options brokers blend one into the next, one which stands out as unique is MarketsWorld. MarketsWorld is owned and operated by a company called MarketsTheWorld in the Isle of Man. It is also regulated by the Isle of Man Gambling Supervision Commission. Unlike a lot of regulated binary options brokers, MarketsWorld does accept traders from the USA and around the world.

What makes MarketsWorld noteworthy? They have a no-strings-attached demo account you can use as long as necessary, and they have one of the lowest minimum deposits you will ever find—not to mention a minimum trade size of just $1. Therefore, if you are looking for a broker where you can practice without any substantial risk, MarketsWorld is perfect.

Opening an Account on MarketsWorld

There are no fancy account tiers on MarketsWorld, and you won’t find a lot of bells and whistles like free training and trading signals. While this is something of a detractor, MarketsWorld offers a lot to make up for it in terms of simplicity, transparency, and friendly money management features.

For one thing, you can open a demo account even if you do not make a deposit. You can use it as long as you want, and you can always ask customer service to reload it with virtual cash if you blow the virtual bankroll. This means you can practice your techniques indefinitely without spending a penny. This is the single most important thing you can do to learn how to trade profitably, so this is a fabulous feature. Many brokers limit demo accounts to only short-term use or force you to make a deposit first.

When you do choose to make a deposit, you can use credit or debit card, Neteller, wire transfer, paysafecard, or Ukash, and you can deposit in US dollar, Canadian dollar, Australian dollar, euro, or British pound. The minimum deposit is just $10, whereas on most sites it is closer to $200!

There are no fees currently mentioned anywhere on the MarketsWorld site as far as I can see for deposits or withdrawals. In the past when I checked however, there was a standard fee for wire transfer withdrawals, and likely still is today. But withdrawals made via other deposit methods are fee-free. You can withdraw was often as you need to without penalty. The minimum withdrawal threshold is only $10. Flexibility like this is hard to come by.

MarketsWorld offers a number of different bonuses and promotions:

  • 100% match bonus on your first deposit up to $1,000
  • $50 risk-free trade with 1x rollover
  • $10 no-deposit bonus (just for opening a real account)
  • Reload bonuses which are occasionally mailed out if you subscribe to the email newsletter
  • Referral bonuses up to $500

On their FAQ, MarketsWorld states:

Unlike with certain other binary options sites who do not let you withdraw until the trade volume to release bonuses gets met, here at MarketsWorld your own funds are never tied up by the bonus awards. Bonus funds are held separately so you may always withdraw the funds in your cash trading account any time you like.

If you still do not want to accept a bonus, MarketsWorld will not force you to do so. All of this is very reassuring as many other sites, which follow shady practices, use bonuses and rollover requirements to trap customers’ funds.

Trading on MarketsWorld

The trading platform on MarketsWorld is proprietary. It is pretty barebones; the only type of trade offered is High/Low, and there are only 18 assets, including commodities, indices, and currencies (no stocks). This really is the biggest drawback with the site. There are no features to control you trades either – which means no Early Close. For some trading methods, that is a real problem.

The good thing is that the limited number of trading instruments features some really rare interesting ones, for example – USD/RUB (US dollar vs. Russian ruble) and USD/TRY (US dollar vs. Turkish lira). Such exotic currency pairs are often omitted by other binary option brokers.

The minimum trade size is just $1, and the maximum is $1,000. This really is one of the most fabulous things about MarketsWorld. The minimum trade size on most sites for High/Low trades is $10 or even $25. If you are a total newbie and/or you have only a very small bankroll, trading $1 may be the best way to get started without violating sound money management principles. This is also great from transitioning out of demo and into live trading. It is typically smart not to invest the full amount you originally plan when you first expose yourself to the pressures of trading with real money on the line.

Customer Service and Resources

As you have likely guessed, educational resources are minimal: a glossary, FAQ, blog, some basic articles on trading, and market news. The only other tool is what is called “self-exclusion.” Basically, if you struggle with problem gambling, you can lock yourself out of MarketsWorld either forever or for a specific temporary time period. This may help you to recover your self-control. The fact that MarketsWorld provides a tool like this is a pretty solid indication that they do have your best interests at heart.

Customer service is not amazing, but seems well-intentioned. On live chat, I was greeted quickly. The agent I spoke to struggled to find answers to what I felt were simple questions, but she didn’t give up until she had given me all the answers I needed.

Conclusion: A Solid Practical Choice for Beginners

MarketsWorld has its downsides to be sure. The site really needs some more trading features, particularly Early Close, and could benefit from more types of trades and additional assets.

Putting that aside, though, this site offers a lot in terms of convenience, ease-of-use, transparency, simplicity, and trust. MarketsWorld is regulated, accepts customers from the USA and elsewhere, and allows for unlimited demo trading. Generous bonuses are offered, but are not used to entrap traders. If you want to trade with as little as $1, you can do so, or you can trade up to $1,000. When you need to withdraw, you can do so for free. If you are just starting out, MarketsWorld may be the perfect choice for practicing on a virtual account or a small real account.

MarketsWorld (Closed) , 5.0 out of 10 based on 2 ratings

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