MarketsWorld is a licensed broker launched in 2011. The company is based in Great Britain and offers opportunities to trade a variety of assets. The firm offers a high payout of 90%, a demo account and a low initial deposit of only £20. Withdrawals are processed quickly and the firm markets binary options responsibly. Marketsworld is not a scam.
The firm is regulated on the Isle of Man. They have always acted in an honest manner and are now looking to grow as the sector becomes better regulated and binaries enter the financial mainstream.
MarketsWorlds has ceased trading. The firm is no longer accepting new accounts.
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Marketsworld Review
Key facts:
Min deposit: £20
Payout: 90%
Demo Account: Yes
Regulated: Yes.
Bonus: £10 free trade / no deposit bonus / 100% cash match up to £1000 (new traders can choose which offer to take).
Trading platform
MarketsWorld offers traders all the most important assets. These include major pairs, indices and commodities in major currencies. The platform has recently been improved and new features added.
On the left side of the trading platform are options to select the asset (or market), the expiration, trade amount and trade direction. The payout is also displayed below the trade size, both as a percentage, and a total potential payout. Marketsworld uses the ‘Higher’ and ‘Lower’ buttons – to replace the Call / Put terms which can confuse new traders.
The ‘Buy’ button confirms the trade and it will appear in the open positions area.
The right side of the platform shows the price chart. By default, the scale is based on the chosen expiration. The charts can be zoomed in or out, analysis can be added, and the whole thing can be enlarged. Improved mapping was one of a number of recent upgrades to the platform.
Binary account information
There are few barriers to entry to MarketsWorld. Minimum deposits are £ 20 and a minimum trade of £ 1. (With a maximum of £ 1,000). The firm delivers for beginner traders, to binary options veterans. Accounts can be opened in a variety of currencies, including EUR, GBP or USD.
Opening an account is a simple process and the demo account, and the bonus without deposit is available without depositing funds.
Withdrawals and deposits
The minimum deposit is £20, and the minimum trades is £1. The firm makes binary options tradable for retail investors who do not want to invest large amounts at first.
Merchants can fund their accounts and make withdrawals with all major bank credit cards, Visa and Mastercards, including Visa Electron, Visa Debit, Visa Purchase, Mastercard Debit, Maestro, Switch and Solo cards.
Marketsworld also accepts a range of e-wallet providers such as Neteller and UKash.
Customer Service
Markets World has a dedicated customer service team available by phone, email, skype and live chat 24/6. Due to the fast-paced nature of the industry, the team is keen to hear from their customers so they can improve the trading experience and evolve the environment to suit their customers.
Demo account
Marketsworld offers a great, flexible demo account. It requires no deposit to open and sign up, and is not time limited. The demo account offers the same access to the underlying assets, at the same prices as the live “real money” platform. This gives traders the opportunity to try the platform without risking money or making any kind of deposit.
The account is unlimited and has no time limits. If you lose your balance, it can be restored with a call or a message to support – ideal for trying out new strategies. It is always good to see that a broker offers access to an unlimited demo – it shows that the firm has confidence in their trading platform and that new clients want to try it out. They are confident in their product and know that eventually users will be satisfied with what they see and open a real account.
If a trader opens a real money account by upgrading the demo account, the original demo account is overwritten. However, a trader can simply open a second demo account if they want to try different strategies without risking real money. This is definitely one of the better sets of demo terms for any broker.
Trade app
The brand offers a mobile app for high quality. The app is designed for Android as well as iOS (iPhone and iPad). It delivers a similar trading experience to the full platform, and execution of trades is just as fast. Support is offered 24/7 with the app and the download is compact, requiring only 24 MB.
The app is a great addition to the trading experience and traders who like to ensure they can trade while away from home will be happy. The same demo account can be operated from both the mobile app and a desktop computer, so traders can try both without paying the minimum deposit.
Is Marketsworld a scam?
Marketsworld is one of the popular brokers launched in 2011. The firm is located in Great Britain and is regulated by the local financial authorities on the Isle of Man. The biggest attraction of this platform is the high payout of 95% on your investments. It has a very wide asset spread consisting of currencies, stocks, indices and also commodities. It includes an excellent customer service that provides assistance to all merchants, as well as an easy withdrawal service. In addition to this, Marketsworld also offers various payment gateways to offer you convenience and security to your transactions.
Overview of the revision
In summary, MarketsWorld offers a safe, reliable and regulated binary options platform for beginners as well as experienced traders – all based in the UK. The potential returns of 90%, easy deposit/withdrawal process and customer service make it a must visit for all binary options traders.