MarketsWorld claims to give the possibility of making high profits on the binary options market. However since this broker is new, many traders are asking if making a deposit with MarketsWorld carries any financial risk or not?
Our team did research on MarketsWorld. What we found is that they do not rate highly in Google Trends and there is almost no information available about them. So we give you as an alternative the Top Binary Brokers and their full and detailed reviews.
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MarketsWorld is still new in the binary options trading market after being launched in the market in 2011. It is a British broker and has its main office in Isle of Man, Great Britain.
When doing an investigation about Markets World, we did not find sufficient information about it and traders’ comment or reviews. It was founded in 2011 and trade in only 16 different assets, which is below average when comparing with other binary option brokers. According to specialists, the dashboard itself is not sufficient by industry norms as the price graph is very small to have a better look.
However, after reviewing the Markets World completely, we found out that there are other brokers also available, which offer better service and have higher clients’ satisfaction.
Is MarketsWorld a Scam?
MarketsWorld may have some issues related to their security. Even after some years, it has not won a respectable amount of recognition amongst traders. It offered standard bonuses and the minimum deposit, however is very low, which is only 20 USD or 20 EUR, and it makes many people question why it is so. One more suspicious thing about MarketsWorld is that there may be a problem related with license.
MarketsWorld Withdrawal Problems
The withdrawal request gets completed within 24 hours and it will take 3-7 business days until the money will come to your account. The minimum amount that can be withdrawn is $20. If you want to withdraw through wire transfer, they give 1 free withdrawal every month and for any extra wire transfers made during the same month, you will have to pay the fee of $50. Verification documents are only needed once you have withdrawn thousands of dollars in total according to their client support executive. After giving these types of services, still there are many users who have problems with withdrawal policy.
MarketsWorld gives a user-friendly trading platform, which allows traders to focus on the technique and entry points with minimum deposit amount of $20, £20, €2 and minimum trades of just $1, £1, €1 to a maximum amount of $1,000 / £1,000 / €1,000. Traders can fund their accounts and make withdrawals via all bank debit cards, Visa and Mastercards, involving Visa Debit, Visa Electron, Visa Purchase, Switch, Mastercard Debit, Maestro and Solo cards.
Markets World offers traders all the key trading assets, which involve major currencies, commodities and indexes; what sets the platform apart is the simplicity of use and the fact that you can make up to 95% profit per trade and the company is organized in the British Isles, which does give peace of mind. The Markets World platform also provides traders with the chance to perfect their skills by using the real time free demo account and match this with the attractive bonuses.
There were some serious complaints regarding MarketsWorld from the traders, and some people also have scam alerts noted in the portals. Thus, it can overall be termed as not secure. Moreover, some people find it very difficult to go through the price graphs due to their little size. The platform itself is well designed and it is adaptable. The maximum profit, which can be earned by someone is said to be 85% per trade, but be cautious and trade cleverly!
After our research we concluded that MarketsWorld does not provide a demo account.
The lack of practice account and risk free trading makes this broker unsuitable for traders who want to learn how to trade without losing their investment.
I am David Raines, a Binary Options trader with years of experience in online trading. I write reviews of Binary Options Brokers, Auto Trading Software and Signals Providers.