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

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Marketsworld

MarketsWorld have ceased trading. The firm is no longer accepting new accounts for any form of trading, including CFD and Forex.

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MarketsWorld Review

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.

Account Information

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.

Trading Requirements

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.

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Platform

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.

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.

Customer Service

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.

Demo Account

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.

Trading App

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.

Final Word

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

Rating Payout Min Deposit Bonus Regulated
» Visit
90% £20 £10 Free Trade

Yes Payout: 90% Min Deposit: £20 Bonus: £10 Free Trade Regulated:

Yes

MarketsWorld is a licensed broker, launched in 2020. The company is based in Great Britain and offers opportunities to trade a variety of assets. The firm offers high payouts of 90%, a demo account and a low initial deposit of just £20. Withdrawals are processed quickly and the firm market binary options responsibly. Marketsworld are not a scam.

The firm are regulated in the Isle of Man. They have always operated in an honest manner and are now looking to grow as the sector becomes better regulated and binaries enter the financial mainstream.

MarketsWorlds have ceased trading. The firm is no longer accepting new accounts.

Return to the broker comparison table to search for an alternative broker.

Marketsworld Review

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 major assets. These include major currency (forex) pairs, indices and commodities. The platform was recently improved and new features added.

On the left of the trading platform, are options to select the asset (or market), the expiry, trade amount and trade direction. The payout is also displayed below the trade size, both as a percentage, and a total potential payout. Marketsworld use ‘Higher’ and ‘Lower’ buttons – replacing the Call/Put terms that can confuse new traders.

The ‘Buy’ button will confirm the trade and it will appear in the open positions area.

The right of the platform shows the price chart. The scale defaults based on the expiry selected. The charts can be zoomed in or out, analytics can be added, and the whole thing enlarged. Improved charting 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 novices traders, through to binary options veterans. Accounts can be opened in a range of currencies including EUR, GBP or USD.

Opening an account is a simple process and the demo account, and the no deposit bonus are available without the need to deposit funds.

Withdrawals And Deposits

Minimum deposit is £20, and minimum trades are £1. The firm make binary options trading accessible for retail investors who do not want to invest huge sums initially.

Traders can fund their accounts and make withdrawals using all major bank debit cards, Visa and Mastercards, including Visa Electron, Visa Debit, Visa Purchase, Mastercard Debit, Maestro, Switch and Solo cards.

Marketsworld also accept a range of e-wallet providers such as Neteller and UKash.

Customer Service

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.

Demo Account

Marketsworld offer a great, flexible demo account. It requires no deposit to open and login, and is not time restricted. The demo account provides 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 the need to risk any money, or make any form of deposit.

The account is unlimited, with no time limits. If you run down the balance, it can be restored with a call or message to the support – perfect for trying out new strategies. It is always good to see a broker offer access to an unlimited demo – it shows the firm have faith in their trading platform, and are keen for new customers to try it. They are confident in their product, and know 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 demo account will be overwritten. However, a trader 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.

Trading App

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.

Review Summary

In summary, MarketsWorld provides a safe, reliable and regulated binary options platform for both novice and experienced traders – all based in the UK. The potential 90% 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.

Intro

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.

Company information

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.

Trading Platform

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.

Mobile

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.

Assets available

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)

Commodities: Gold

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.

Customer Support

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.

Verdict

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.

MarketsWorld Pros:

  • Isle of Man regulated binary options trading platform
  • Generous Bonuses
  • Low Minimum deposit requirement of $10
  • Top Notch Customer Support

MarketsWorld Cons:

  • 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.

Best Binary Options Brokers 2020:
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    Good Choice for Beginners!
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    Get a Sign-Up Bonus Now!

  • Binomo
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    2nd in our ranking!

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