MarketsWorld is a licensed broker, launched in 2011. The company is based in Great Britain and offers the opportunity to trade various 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’s market binary options are responsible. Marketsworld is not a scam.
The company is regulated in the Isle of Man. They have always operated in an honest manner and are now looking to expand as the sector becomes better regulated and binaries enter the financial mainstream.
MarketWorld has stopped trading. The firm is no longer accepting new accounts.
Return to the broker comparison table to find alternative brokers.
Marketsworld Review
Key facts:
Minimum Deposit: £ 20
Payout: 90%
Demo Account: Yes
Regulated: Yes.
Bonus: £ 10 Free Trade Bonus / No Deposit / 100% Cash match up to £ 1000 (New traders can choose the offer taken).
Trading Platform
MarketsWorld offers traders all major assets. This includes major currency pairs (forex), indices and commodities. The platform has recently been improved and new features added.
On the left side of the trading platform, is the option to select the asset (or market), expiration, trading volume and trading direction. Payouts are also displayed below the trade size, both as a percentage, and the potential payout amount. Marketsworld uses ‘High’ and ‘Low’ buttons – replacing the terms Call / Put which can confuse new traders.
The ‘Buy’ button will confirm the trade and it will appear in the open position area.
The platform right shows the price chart. Default scales based on selected expiration period. Charts can be zoomed in or out, analytics can be added, and the whole thing is enlarged. The chart upgrade is one of the recent upgrades to the platform.
Binary Account Information
There are several barriers to entry to MarketsWorld. The minimum deposit is £20 and the minimum trade is £1. (With a maximum of £1,000). The firm delivers to new traders, through binary options veterans. Accounts can be opened in various currencies including EUR, GBP or USD.
Opening an account is a simple process and a demo account, and no deposit bonus is available without having to deposit funds.
Withdrawals And Deposits
The minimum deposit is £ 20, and the minimum trade is £ 1. The firm makes binary options trading accessible to retail investors who do not want to invest a large amount initially.
Merchants can fund their accounts and make withdrawals using all major bank debit cards, Visa and Mastercards, including Visa Electron, Visa Debit, Visa Purchases, Debit Mastercard, Maestro, Switch and Solo.
Marketsworld also accepts various e-wallet providers such as Neteller and UKash.
Customer service
World Market has a dedicated customer service team available 24/6 via phone, email, skype and live chat. As the industry is fast-paced, the team is keen to hear from their customers so they can improve the trading experience and develop the environment to suit their customers.
Demo Account
Marketsworld offers a great flexible demo account. It does not require a deposit to open and enter, and is not limited to time. A demo account provides the same access to the underlying assets, at the same price as the live “real money” platform. This gives traders the opportunity to try out the platform without having to risk any money or make any kind of deposit.
Unlimited accounts, no time limit. If you balance, it can be recovered with a call or message to support – perfect for trying new strategies. It’s always good to see a broker offer access to unlimited demos – it shows the firm has faith in their trading platform, and is keen for new clients to try. They are confident in their product, and know that users will eventually be happy with what they see and open a real account.
If a trader opens a real money account by upgrading a demo account – the original demo account will be overwritten. However, traders can only open a second demo account if they want to try a different strategy without risking real money. It is definitely one of the better demo conditions for any broker.
Trade App
The brand offers high-quality mobile trading apps. This application has been designed for both android and iOS (iPhone and iPad). It delivers a similar trading experience to the full platform, and trade execution is just as fast. Support is offered 24/7 on the app and the download is compact, requiring only 24MB.
The app is a solid addition to the trading experience and traders who want to make sure they can trade while away from home will continue to be happy. The same demo account can be operated from the mobile or desktop app, so traders can try both without paying a minimum deposit.
Is Marketsworld A Scam?
Marketsworld is one of the popular brokerages that was launched in 2011. The firm is located in Great Britain and is regulated by the local financial authority in the Isle of Man. The biggest attraction of this platform is the high payout of 95% on your investment. It has a very wide asset spread consisting of currencies, stocks, indices, and even commodities. They include excellent customer support that offers help with all issues to merchants, along with easy withdrawal services. In addition, Marketsworld also provides several payment gateways to provide maximum comfort and security to all your transactions.
Summary of the Study
In short, MarketsWorld provides a safe, reliable and regulated binary options platform for both new and experienced traders – all based in the UK. Potential returns of 90%, easy deposit/withdrawal process and customer service put them as a must visit for all binary options traders.