Best Binary Broker!
Perfect for beginners!
Free Demo Account! Free Trading Education!
Only for experienced traders!
MarketsWorld have ceased trading. The firm is no longer accepting new accounts for any form of trading, including CFD and Forex.
Popular Alternative Brokers To MarketsWorld
MarketsWorld is an established broker in the Binary Options arena having launched in 2020. The company is licensed and regulated in Great Britain by the Isle of Mann GSC and offers opportunities to trade a variety of assets. The firm prides itself on the high payouts (of up to 90%), low entry points ($1/£1/€1) and low initial deposit ($20/£20/€20 minimum deposit), fast withdrawal service as well as exceptional 24/6 customer support.
The fact that MarketsWorld is licensed and regulated as a Binary Options broker in the Isle of Man offers traders guarantees that funds deposited are safe and secure. Please note if you are from the USA that this broker is not regulated within the United States and US citizens should take their own legal advice prior to sign up – the brand themselves however, see no legal reason why they should not accept US residents as traders.
The company recently underwent a massive platform upgrade and website overhaul. For the website, they have removed all the flashy casino style ads hyping fast trading and fast money. For the platform they have improved the interface, increased the assets, extended the expiry and brought the charts up to industry standards.
MarketsWorld hav ceased trading. Return to the broker comparison table to search for an alternative broker.
Bonuses and Promotions
Since inception the company has introduced a number of promotions and bonuses which are constantly evolving. Not only are Markets World currently offering the highest returns in the market at 90%, but there are also other bonuses that traders can take advantage of such as:
- $10 Free Trade
- 100% Cash Match
- $300 Refer a Friend bonus
Plus unlimited use of the excellent free demo which hones trading skills and enables you try before you buy.
There are very few barriers to entry to MarketsWorld. Minimum deposits are $20 with minimum trades starting at $1/1 up to a maximum of $1,000, MarketsWorld caters for all traders, from novices through to experts. The platform caters for all standard currencies and can be operated in EUR/GBP/USD. Account opening is immediate with a simple sign in process and live chat is available if you have any issues, so all angles are covered to ensure you get the most from your trading.
MarketsWorld provides an intuitive and user-friendly trading platform which enables traders to concentrate on strategy and entry points.
With minimum deposits of $20 / £20 / €2 and minimum trades of just $1 / £1 / €1 to a maximum of $1,000 / £1,000 / €1,000, Markets World caters for all types of binary trader.
Traders can fund their accounts and make withdrawals using all bank debit cards, Visa and Mastercards, including Visa Electron, Visa Debit, Visa Purchase, Mastercard Debit, Maestro, Switch and Solo cards.
Markets World offers traders all the main trading assets which include major currencies, indexes and commodities; what sets the platform apart is the ease of use and the fact that you can earn up to 95% profit per trade and the fact that the company is regulated in the British Isles which does provide peace of mind. The Markets World platform also offers traders the chance to hone their skills by using the real time free demo account and couple this with the excellent bonuses, you can understand why MarketsWorld is proving so popular.
Best Binary Broker!
Perfect for beginners!
Free Demo Account! Free Trading Education!
Only for experienced traders!
The platform upgrade is really nice, a huge improvement over the original. While still in need of cosmetic enhancement the functionality is superb. Assets are easy to find and navigate and each comes with improved charting as well. The charts are limited to 1 minute candles and have no drawing tools as yet but are real-time and very handy for short term trading.
Markets World has a dedicated customer service team who are available 24/6 by telephone, email, skype and live chat. Due to the fast nature of the industry, the team are keen to hear from their customers so that they can improve the trading experience and evolve the environment to suit their clients.
The firm offer a demo account, which requires no deposit to open and login. The demo account provides the same access to the underlying assets, at the same prices. This gives traders the opportunity to try the platform without the need to risk any money, or make the minimum deposit.
The account is unlimited, so there are no time limits. Likewise, funds can be reset if the demo balance is wiped out. In is always reassuring to see a broker offer access to an unlimited demo – it shows the firm have confidence in their trading platform, and are happy for new customers to try it – as they have faith in their product that users will eventually be pleased with what they see and open a real account.
If a trader does open a real money account by upgrading the demo account – the original account becomes void. However, a user can simply open a second demo account if they want to try different strategies without risking real money. It is certainly one of the better sets of demo terms for any broker.
The brand offer a high quality mobile trading app. The app has been designed for both android and iOS (iPhone and iPad). It delivers a similar trading experience to the full platform, and execution of trades is equally fast. Support is offered 24/7 on the application and the download is compact, needing just 24MB.
The app is a solid addition to the trading experience and traders who like to ensure they can trade while away from home will be kept happy. The same demo account can be operated from both the mobile app or a desktop, so traders can trial both without paying the minimum deposit.
Is Marketsworld a Scam?
Marketsworld is one of the popular brokerages that have been launched in 2020. The firm is located in Great Britain and is regulated by the local financial authorities on the Isle of Man. The greatest attraction of this platform is its high payout amounting to 95% on your investments. It has a very wide asset spread consisting of currencies, stocks, indices, and also commodities. They include an excellent customer support that offers help on all issues to traders, along with an easy withdrawal service. In addition to this, Marketsworld also provides several payment gateways to provide maximum convenience and security to all your transactions.
Whilst Markets World may not have a huge repertoire of trading tools the company has big plans for the future with new developments due to come on stream. As it stands the platform provides an exemplary service with fast execution of trades and accurate quotes. The customer care team were fast to react to any queries and the withdrawal process was quick and easy.
In summary, MarketsWorld provides a safe, reliable and regulated binary options platform for both novice and experienced traders. The potential 95% returns, easy deposit/withdrawal process and customer service puts them as a must visit for all binary option traders.
MarketsWorld, a regulated and trusted binary options trading platform.
In most areas MarketsWorld scored very highly. Bonuses scored a high rating of 90 out of 100 due to the wide range of generous bonuses that are on offer by MarketsWorld. Customer support also scored high as the support team was responsive and helpful. The trading platform scored reasonably well due to its user-friendly interface and performance. Unfortunately due to the fact that there are only a limited number of underlying assets and one type of option choice, we gave that category a low score of just 50 out of 100.
In the relatively new and exciting world of binary options trading, it is important that you select the right broker to work with. This is because the broker will play an integral role in determining your profitability as a binary options trader. That’s why it is important that you understand how the broker works, and what they have to offer. To save you the legwork we have conducted due diligence in this in-depth review of MarketsWorld. With all the information that you have gathered from our review of MarketsWorld, you will be able to make a more informed decision as to whether this is the best broker for you to work with.
MarketsWorld is a binary options trading platform that was established in 2020. It is based on the Isle of Man, a self governing territory which lies between Ireland and Great Britain. The MarketsWorld brand is owned and managed by a holding company called MarketsTheWorld Ltd. The Isle of Man Gambling Supervision Commission regulates the operations of MarketsWorld. The reason for this is due to fact that binary options trading is not recognized legally as financial investing but rather as a gaming activity. In this respect, MarketsWorld is different from other binary options brokers in the industry as it is legally recognized as a gaming entity rather than a financial broker.
The trading platform that MarketsWorld has provided its traders is a proprietary trading platform. The navigation interface of the trading platform is well designed with the assets located on the left side of the trading screen. The trading charts cover the majority of the trading screen. The chart can be displayed as a line chart or as a candlestick chart depending on the trader’s preference. Another nice feature of the chart is the fact that you can also change the time frame of the chart from a 5 minutes time frame to a maximum of 2 hours time frame. The only drawback of the MarketsWorld trading platform is the choice of option contracts that you can trade. At the present moment, the trading platform is only able to support High/Low binaries.
The MarketsWorld trading platform is also available as a mobile trading app on the Apple App Store. Optimized for iOS powered devices, MarketsWorld’s traders can download the app to enable them to trade directly from their iPhones or iPads. Currently, MarketsWorld does not have a mobile trading app that supports Android powered devices. Nevertheless, android users can still access the MarketsWorld web based platform on their mobile devices as the trading platform is scalable.
At MarketsWorld, they have made available 3 types of asset classes namely commodities, market indices and currency pairs. The following table below shows all the available underlying assets that are currently covered by MarketsWorld:
Currencies: AUD/JPY | AUD/NZD | AUD/USD | EUR/GBP | EUR/JPY | EUR/USD | GBP/JPY | GBP/USD | USD/CAD | USD/CHF | USD/JPY | USD/RUB | USD/TRY | USD/ZAR.
Indices: Tadawul Index | Dubai Index | TA-35 Index (Tel Alviv)
Bonuses& Trading Accounts
There are only 2 types of trading accounts available at MarketsWorld, a demo account and a standard account. Although the choice of trading account types are rather limited, MarketsWorld has made up for this, with the minimum deposit requirement level. Rather than burdening their clients with a high minimum deposit requirement, you can open a live trading account with as little as $10. If you are a new client, you will also be able to claim a free $10 no deposit bonus from MarketsWorld by opening an account using the coupon code: NDB10.
Other bonuses and promotional offers which MarketsWorld have provided their clients with include the following:
With $50 Risk Free trade bonus, you are given 2 chances to win your first trade by up to the amount of $50. To claim this bonus, enter the voucher code 50RFT in the deposit section before you make your initial deposit.
- 100% Cash Match up to $1000
As a new client of MarketsWorld, you will also receive a 100% deposit bonus. With this bonus offer, MarketsWorld will match 100% of your first deposit by up to $1000 in value.
- Monthly Loyalty Rewards
Currently with the exception of MarketsWorld, no other binary options broker in the industry is offering this type of bonus to their traders. This bonus is given by MarketsWorld to their clients on top of the regular bonuses which they may be receiving from MarketsWorld. The bonus is calculated based on the trading volume as well as the duration of the trader’s custom. It is calculated automatically and credited to the trader’s account at the beginning of each month.
- Refer a Friend Bonus
The “Refer a Friend” bonus allows you to introduce a friend to sign up for a MarketsWorld trading account. With each successful referral, you will get the chance to earn $500 in bonus from MarketsWorld.
Deposits and withdrawals
For the convenience of their clients, MarketsWorld supports a variety of payment methods. They include the following:
(VISA Debit, VISA Electron, VISA Purchase, MasterCard Debit, Maestro, Switch, Solo)
(Neteller, UKash, paysafecard)
As for withdrawal methods, they are the same as the method used by the trader initially to make his deposit. For example, if the trader initially deposited his trading funds using his Neteller account, then his withdrawal request will be processed back to his Neteller account.
Withdrawal requests are typically processed within the same business day and require 2 to 7 working days to be completed. While there is no maximum amount which a trader can withdraw, there is a minimum withdrawal amount of $10. There is no withdrawal fee charged on the withdrawal made and traders at MarketsWorld can withdraw as many times as they require. The only requirement is that there can only be one withdrawal request pending at any one time.
The customer support service at MarketsWorld is available on a 24/7 basis. Traders can contact the customer support representatives through email, fax, live chat or the telephone. In addition, the MarketsWorld website is translated into a dozen different languages such as Arabic, Dutch, French, Russian, German, Italian, Portuguese, Spanish, Hindi, Thai and Chinese. In terms of the response time, the support staff respond swiftly to any request for assistance with the live chat. There is no doubt that the quality of MarketsWorld’s customer service is one of the best in the binary options industry. This is a major plus point about MarketsWorld as it imparts trust and confidence in the company.
Extra features and resources
Although the trading platform provided by MarketsWorld is a feature-rich binary trading platform, they do not offer any other additional features outside of the trading platform. For example, there is no trading signal services provided by MarketsWatch, free or paid. Furthermore, there is also a lack of a dedicated knowledge or education base on binary options trading. The educational resources which MarketsWorld have provided are essentially very basic. There are no tutorials or webinars available on the MarketsWorld website.
[blockquote]While from an operational point of view this is a wise decision on the part of MarketsWorld, potential clients might make comparisons with other binary options brokers in the industry with regards to these missing standard features. [/blockquote]
Nevertheless, updated news feeds and market summaries are available through the website which will definitely keep MarketsWorld’s traders in touch of all the developments in the financial markets.
Although MarketsWorld might be lacking in some areas, it should be noted that they do have ambitious plans for the near future. Traders can expect new developments from MarketsWorld as they start implementing their expansion plans. As of now, MarketsWorld has proven itself to be able to provide traders with a reliable and efficient trading platform. Their customer support services and bonus programmes are also something which is noteworthy as well. In conclusion, MarketsWorld has demonstrated that it is able to provide its clients with a safe, secured and efficient trading environment for both beginner and experienced traders. The high returns of above 90% and the generous bonuses offered by MarketsWorld are certainly enough to convince most potential binary traders to give this broker a try.
- Isle of Man regulated binary options trading platform
- Generous Bonuses
- Low Minimum deposit requirement of $10
- Top Notch Customer Support
- Trading platform only supports High/Low options
- No educational academy
- Limited underlying assets available for trading
- Can I trust MarketsWorld?
Yes. MarketsWorld is a regulated binary options trading platform under the Isle of Man’s Gaming Commission.
- How to open a free account at MarketsWorld?
MarketsWorld does not charge traders to open a trading account. To open an account with MarketsWorld, simply fill out the registration form and submit it with all the required documentation for verification processes.
- Is there a Minimum Deposit requirement at MarketsWorld?
Yes, there is a minimum deposit requirement at MarketsWorld. However to make it easy for anyone to open a trading account at MarketsWorld, the minimum deposit requirement is just $10.
- Can I open multiple trading accounts at MarketsWorld?
No. MarketsWorld does not permit traders to open multiple trading accounts. This is in order to minimize fraud. Traders will be charged an administration fee of £30 per account which will then be closed. Furthermore, the winnings on a duplicate account will not be paid out.
- Is my money safe with MarketsWorld?
MarketsWorld is one of the few binary options trading websites that is authorized and regulated by a trusted regulatory agency. The Isle of Man as part of Great Britain has always been well known to be a leading international financial centre around the world. Since 2020, MarketsWorld has processed thousands of withdrawal requests for its clients. In addition, traders’ funds are kept in segregated accounts in Trier 1 banks.
- What ID does MarketsWorld in order for me to make a withdrawal?
At MarketsWorld, there are no restrictions on deposit made into a MarketsWorld’s account. However to execute a withdrawal request, you need to show proof of identity and proof of address. Any government issued IDs will be sufficient to establish your identity. For proof of address, any recent utility bill or bank statement which shows your full name and address can be used.
Markets World Broker Review
Markets World excels at offering an extensive selection of bonuses and promotions to both new and existing clients to help maximize profits and their level of customer support is also excellent with a number of convenient contact options available. Their trading software is easy to use and is web-based so there is no need for memory intensive installations or downloads, however their selection of options is very poor with less than 20 different assets to choose from.
Bonuses – 100%
Software – 80%
Customer Support – 80%
Options Choice – 20%
Summary : Trusted Broker
Markets World is a licensed and regulated broker that offers its clients peace of mind over financial security and privacy of personal details thanks to strong 128 bit RCA encryption across its site. While their range of assets is extremely limited, this broker does ensure that its clients benefit from an impressive selection of bonuses and promotional deals and it also takes care to offer a high level of customer service. Offering free demo accounts for any potential client, Markets World guarantees rapid transactions, a fast and reliable web-based trading interface and high rates of return.
Established as an online binary options broker in 2020, Markets World is operated and owned by MarketstheWorld Ltd in the Isle of Man, UK. As a fully licensed and authorised broker under the regulation of the Isle of Man Gambling Supervision Commission, Markets World complies with all regulatory controls included the provision of segregated accounts for client funds for the customer’s peace of mind.
The assets offered by Markets World include:
FX – 14 currency pairs
Overall, there are less than 20 underlying assets to choose from with this binary options broker which is considerably less than most other brokers.
Bonuses & VIP programs
Markets World boasts an impressive range of bonuses for both existing and newly registered clients. Their welcome bonuses include:
- No deposit bonus of $10/£10/10 Euros/C$10/A$10 on registering
- Two opportunities for a $50/£50/50 Euros/C$50/A$50 risk free trade
- 100% initial deposit bonus cash match up to £1000/$1000/1000 Euros/C$1000/A$1000
Their loyalty bonuses include:
- Monthly loyalty reward
- Refer a friend bonus of $500 / €500 / £500 / C$500 / A$500
Markets World offers intuitive and easy to use desktop trading software for PCs which is web-based and can therefore be accessed from any internet enabled device without any need for installations or downloads, however there is also a convenient downloadable mobile trading app for iOS smartphones and tablets. This free to download app allows clients to benefit from payouts of up to 100% on a variety of assets with access to 24/7 client support and free demonstration accounts. Offering all of the convenience of trading on the go from anywhere worldwide, the mobile interface can be viewed in 8 languages and offers all of the functionality of the desktop platform.
Deposits and Withdrawals
Markets World offers a good range of deposit options including:
- Bank debit cards
- Visa Electron
- Visa Debit
- Visa Purchase
- MasterCard Debit
- Bank wire transfer
- Paysafe Card
5 currencies are accepted by Markets World: Euros, British Pound Sterling, US Dollars, Australian Dollars and Canadian Dollars. This broker charges no fees on either withdrawals or deposits and making a deposit is very quick and easy via the client account portal. The minimum amount permitted for deposits is extremely low at just $10 / £10 / €10 / C$10 / A$10, which is ideal for newcomers to the financial market who do not want to take too great a financial risk. The lowest stake per trade is just $1 / £1 / €1 / C$1 / A$1. There is a low minimum withdrawal limit of $10 / £10 / €10 / C$10 / A$10 and there is no maximum limit imposed for any withdrawal method. Withdrawals can be requested at any time, and there are no limits imposed on the number of withdrawals or deposits made within a specified time period. Withdrawals are requested quickly and easily via the client account portal and withdrawals are return via the same method that the deposit was made, with processing taking place within one working day and payments being received within 2 to 7 working days.
Markets World has a high level of customer service for its clients, with representatives available 24 hours a day 7 days per week to respond to queries and address any issues that may have arisen. Their online Support Centre and Frequently Asked Questions sections are a good initial resource for answers to the most commonly posed queries, however if these fail to provide an appropriate response, there are several other contact options available including:
- Live chat – the fastest and easiest way to contact a representative. This secure channel ensures that all communication is kept private through strong encryption
- Telephone – there is a UK based telephone number provided on the broker’s website
- Fax – there is a UK based fax number provided on the broker’s website
- Email – there is an email address provided on the website and any queries posed in this manner will receive a response within 24 hours
Markets World’s website can be viewed in 11 different languages for the convenience of clients all around the world including:
Extra Features and Resources
While many other binary options brokers offer a range of educational resources, signals or trading tools to improve and enhance their investment experience, Markets World does not appear to offer any such additional resources or features. This broker does, however, offer the convenience of a free demonstration account for all potential clients which allows them to test out the features of the trading platform before making any commitment to opening a live account. This is a useful facility for novice traders who want to practice trading in a risk free environment as well as for experienced investors who are keen to try out new strategies before risking any of their own funds.
Overall, Markets World has a number of features that may appeal to potential clients. Some of the pros and cons of choosing this binary options broker include:
- A licensed and regulated broker in the Isle of Man
- Simple and user friendly trading terminal
- A web based trading interface with no need for any downloads or installations
- Mobile trading through the free iOS app
- Numerous customer contact options including Live Chat
- Several convenient payment options to choose from including e-Wallet methods
- Easy to request withdrawals and deposits
- Low initial deposit requirement – ideal for novice investors
- Plenty of bonuses and promotions for new and existing clients
- Security of financial and personal information thanks to strong encryption across the site
- Easy online registration process
- Free demonstration accounts for all potential clients
- Multilingual website and customer support service
- 24/7 client support
- Extremely limited asset range
- No mobile app for Android users
- No educational resources or trading tools
Is Markets World suitable for beginner investors?
As Markets World has a very low initial deposit amount requirement of just $10 / £10 / €10 / C$10 / A$10, and a low minimum trade requirement of just $1 / £1 / €1 / C$1 / A$1, this broker is an ideal choice for anyone who is brand new to binary options trading and who is looking for a low risk way of starting out in the financial markets.
Is Markets World a scam broker?
Anyone who is considering registering for a trading account with Markets World can rest assured that they are making a sensible choice. This is a licensed and regulated broker in the Isle of Man and therefore can be relied upon as a trustworthy operator in the financial market.
Can I make a deposit via an e-Wallet?
Markets World offers a number of different deposit and withdrawal methods for its clients to choose from, and one of these is the popular online e-Wallet method Neteller.
Can I open a demo account with this broker?
Unlike some other binary options brokers, Markets World offers all potential clients the option of opening a free of charge demonstration account. This useful facility allows clients to test the interface and experiment with strategies completely risk free in a real-world trading environment.
MarketsWorld Reviews: Deposit, Demo & Binary Options Trading Info
IQ Option No. 1 Software
Binary options trading is an exciting but dangerous world and you need to be careful in evaluating the different binary options brokers. We help you in this task by analyzing the reliability and features of leading brokers. Use our series of articles to shortlist reputed brokers and select suitable ones from among them for your trading needs.
You need not have any worries about the reliability of MarketsWorld as they are based in the Isle of Man which is a part of Great Britain. Naturally, the market there is bound to be transparent and well controlled. MarketsWorld’s licensing and regulation fall under the Isle of Man Gambling Supervision Commission which supervises the functioning of betting and gaming companies, and provides protection to traders. MarketsWorld has been around since 2020 and have built a solid reputation of reliability and quality service.
Compared to top binary options brokers, MarketsWorld offers a rather limited asset range for trading. These include FX currencies, indices futures, and gold. But there are no commodities or leading indices.
Fees and Payouts
MarketsWorld reviews show that this broker offers transparent pricing policies and there are no commissions or hidden fees. Maximum payout is 90% but if you lose a trade you don’t get any money back. Trade sizes range from $1 to $1,000, therefore this broker is ideal for beginners and intermediate traders. If you wish to invest more than $1,000, you should look for alternative binary options brokers who provide the facility.
MarketsWorld offers all the basic trading options and financial products including the regular 5-minute trades, ladder options, 60 seconds, and call/put. The minimum investment amount is just $1 so you can safely experiment with this broker without worrying about losing a big sum. Overall, the trading environment is right up there with the best players in the industry.
The broker has built a sophisticated online trading platform that functions on a web-based interface. There are no major performance concerns and the platform is compatible with all popular mobile and desktop operating systems. The platform boasts advanced trading programs and security measures, and hence is recommended for expert traders. It is aesthetically attractive and can provide an enjoyable trading experience once you get the hang of it.
MarketWorld reviews agree that all users are offered a free unlimited demo account with $5,000 virtual money. If you exhaust this amount, do not worry as you are given unlimited recharges. Therefore, you can take your own sweet time to get acclimatized to the trading platform and different tools before opening a live account. Use the demo account smartly to gain valuable knowledge and experience that can help you trade profitably.
You can access the web trading interface through your mobile device’s browser and trade on the go. This technology is preferred by most brokers in the industry. Some also offer a dedicated app for enhanced security and convenience. The MarketsWorld mobile app can be used only on iOS devices which benefits iPad and iPhone users. Android users will be disappointed as this broker does not offer an app for this operating system.
MarketsWorld offers only 2 trading account types: a demo account and a regular account. Simply invest just $10 to open a live trading account. New clients can avail a free $10 no-deposit bonus which adds to the excitement.
The minimum deposit needed is just $10. Therefore, this broker is suitable for smaller investors. You can utilize several online and offline methods for deposit and withdrawal including Mastercard, Visa, Paysafecard, Maestro, Ukash, Neteller, Solo, and Switch.
If you opt for wire transfer, the first withdrawal is free, but you will be charged $50 per withdrawal for subsequent withdrawals. There are applicable fees for other payment methods as well. However, MarketsWorld waives off fees for Neteller and credit/debit card withdrawals.
MarketsWorld stands out in the binary trading world for its hefty bonuses. To start, there is the $10 no-deposit bonus for new traders as mentioned above. You can withdraw the bonus amount and profits by transacting at least 50x volume in a specified period of time.
The second good bonus is a 100% deposit bonus of up to $1,000. This is a one-time bonus that comes with the same terms as the no-deposit bonus. There are also additional conditions so make sure to read their policy carefully.
Existing customers can benefit from the Monthly Loyalty program in which they can trade their loyalty points for cash withdrawals or credits. If you have friends who are also interested in binary trading, you can make use of the refer-a-friend bonus that gives up to $500 for each verified referral.
Finally, MarketsWorld also facilitates a $50 risk-free trade, which allows you to spend up to $50 without worrying about loss. If your first trade turns out to be a losing one, the broker will credit $50 into your trading account without asking any questions.
MarketsWorld stands out for its excellent customer support facilities that are offered 24/7 via phone, email, and live chat. The agents are friendly and knowledgeable, and trained to resolve your concerns in a jiffy. This aspect adds to the credibility of the company and gives investors trust and confidence that they are in safe hands.
On the flip side, there is no knowledge base on the website and the broker also does not provide any signals-based service. However, you do get daily news feeds on their website as well as market summaries that you can utilize to get an idea about economic indicators and market trends. This can help you make smart predictions and enhance the chances of winning trades.
Let’s now take a look at MarketsWorld pros and cons: On the positive side, the broker is licensed and regulated, requires a minimum investment of just $10, accepts varied payment methods, offers attractive bonuses, loyalty programs, and a risk-free trade, and provides top notch customer service. The negatives are only a few and include limited number of financial assets for trading and lack of a resources page and knowledge base on their website. To sum up, the number of positives are far more which assures you that you can safely trust MarketsWorld to provide you a fair and interesting trading experience.
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.
- 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.
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
- 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.
- 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.
Best Binary Broker!
Perfect for beginners!
Free Demo Account! Free Trading Education!
Only for experienced traders!