MarketsWorld is still fresh in the binary options trading world after being introduced to the market in 2011. This is a British broker and has its headquarters in Isle of Man, Great Britain. MarketsWorld has managed to garner an impressive number of users and this can be credited to its quick and high rate payouts.
MarketsWorld has a low deposit requirement while giving traders the opportunity to gain high returns on their investment. Traders also get to take advantage of the various promotional incentives that are presented, hence giving them the chance to earn ‘even more’ profits.
You can control the stakes of your trade and this could be anything from $1 to $1000. This shows that this is a binary options broker that accommodates both professional and new traders as well.
MarketsWorld General Information
- Here is what you should know about MarketsWorld.
- Trading Markets: Forex, Commodities, Stocks and Indices.
- Currencies: British Pound, Euro and US Dollar.
- Account Funding: Visa, MasterCard, Maestro Card, Solo Card, Switch Card, Wire Transfer
- Demo Account: This is one of the sites that offers a no deposit free Demo Account.
MarketsWorld has a unique demo account system which is free and unlimited. What this means is that there are no limits on how long you can run the demo account: you can basically build your trading skills until you fully grasp the market. This is all risk-free as no deposit is required to open your account. The platform is also easy to use and requires no download, as it is a web based service.
The minimum deposit requested by MarketsWorld is £20/$20/€20 and this is the lowest minimum deposit amount in the industry. When it comes to trades, the minimum stakes are even lower at only £1, $1 or €1 per trade. The maximum is $1000. There are no charges on the deposits or withdrawals. You will notice that the broker has a very user-friendly platform and traders can easily keep track of several charts on the same page, by adding assets.
- If you are thinking of giving MarketsWorld a try, you need to have a look at the following features.
- Assets – You have access to a small range of assets that you can trade. This is a con with Markets World.
- Binary Options – This is one broker that gives you multiple ways to access the market.
- Payout/Withdrawal – A very fast payout system using a regulated broker.
- Customer Service – An area that keep improving. As the customer base goes up they will have to keep hiring.
Unfortunately, MarketsWorld does not have much variety when it comes to the trading assets as there are only 15 available. That said; they make up for this limitation by providing a trading window of 10 minutes, with an expiry lockout of five minutes. There are no 60 Second Trades and traders only have the Call/Putt Trade available.
This acts as a disadvantage to the broker as it blocks out expert traders who look for sophisticated binary options. However, it is perfect for beginners as it gives them the chance to start off their trading experience with simple binary options. Their payout rates are amongst the best in the industry, and traders could earn a payout of 95 percent.
The broker boasts of having one of the fastest withdrawal processes because of their ‘one day withdrawal’ processing provision. The payment can be accessed by the trader in three to seven business days. There is no limit on the maximum cash out, but the minimum withdrawal is £20/$20/€20. MarketsWorld customer service is accessible through email, live chat, Skype: they also have a telephone service that operates six days a week, for 24 hours a day.
MarketsWorld is an excellent binary options trading platform, especially for novice traders. While it lacks in certain areas, it makes up for its limitations by giving its traders a wonderful array features such as the high payout, low deposit requirements, quick cash out processing, various bonuses and promotions. The regulated broker provides a platform that is secured and reliable, and it’s customer service is unrivalled.