MarketsWorld Review

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Binary options trading have not always been the major asset trading instrument for many years. In relation to financial markets and their history, binary options are a very young entrant in the industry. What this means is that a company that has been trading in binary options since 2011 is ‘old’ in this market and should be very advanced in terms of clientele, software and customer relations. This is not the case with MarketsWorld. It is one that you need to look at before registering.

MarketsWorld is a binary options broker with British roots. It is operated by another company known as Markets the World which operates out of Isle of Man in the United Kingdom. The Isle of Man Gambling Supervision Commission is the registered regulator of this software.

It doesn’t seem to be a big outfit or one that is very active in the market. This is because information on the broker is scant, and traders’ reports are few and mostly negative.

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MarketsWorld: How do they operate?

Before you register with any binary options broker, you need to examine what they have, what they are offering, and what other people have to say about them. Here is what you should know about MarketsWorld:

  • This broker has a low minimum deposit which is almost an industry-low $20. Each trade is also low with $1 getting you a trade. This is a good offer for beginners and traders who operate on a very low risk ratio.
  • They will promise you a fantastic 95% return on investment. This is too high a return, even for professionals who have been in the binary options trade for years. They promise is a level that almost 99% of traders in the platform will never attain which implies that this is deceptive advertising.
  • Unlike most of the other binary options brokers who offer multiple options to match traders’ preferences, MarketsWorld offers only ordinary Up/Down options. This shows that if you are a more adventurous investor, your trading here will be restrictive. The only plus here is that you will be offered different expiry times.
  • MarketsWorld offers a demo account to traders to give it a try. You can try the demo without having deposited anything. If you like the demo and you think you can trade with them, you can then go on to register and deposit what you would like to start trading with. A minimum of $20 is asked of you.
marketsworld
Because of false promises of huge returns (like in a picture above), i cannot recommend using markets world trading platform.

Account opening

You have two options here. One is to open an actual account where you deposit money and make actual trades. The other option is to open a demo account to give the software a test run. The amount of virtual money you will be trading with is $5000. The advantage here is that you can opt out of the demo account without having spent any of your money. This is unlike many binary option brokers who insist on an initial deposit to open a demo account. Once you think the demo is ok and it has given you ample experience and positive results, you can then convert this account to an actual one by making a deposit.

Deposits and withdrawals at MarketsWorld

After trying out the free demo account and you are satisfied that you want to go ahead and trade with this platform, you will then make your initial deposit with $20 being the set minimum. You use a variety of media to make this deposit from credit cards to approved wire transfer methods. There are unlimited withdrawals here though it would suit you if you were to withdraw using debit and credit cards as opposed to wire transfers which come with a fee.

Bonuses

MarketsWorld brokers offer a few bonuses in comparison with the others. Apart from a $50 free trade bonus, a 100% match bonus with a ceiling of only $300 and a ‘refer-a-friend’ bonus of $300, there is not much else in terms of bonuses. Traders who are on the lookout of bonuses will be disadvantaged here.

Trading with MarketsWorld

The assets you can trade with this software are limited compared to other binary options software. Today you can only trade with:

  • Currency Pairs: AUD/USD, EUR/USD, EUR/GBP, GBP/USD, EUR/CHF, USD/JPY, and EUR/TRY.
  • Commodities:Gold, oil and silver
  • Indices: Dow Jones, FTSE 100, DAX, CAC 40 and IBEX 35.

After selecting the asset you want to trade with, you will the drop down the expiry times allowed and select one. These times are 5 to 10 minutes, 30 minutes and End of Day. The next step is to select either the ‘High’ or ‘Low’ depending on what your prediction of the change in value of your chosen asset. You will then post your investment in the ‘INVEST’ section before hitting on ‘BUY’ to seal the trade.

Traders’ experiences

Most traders acknowledged that trading on this platform is easy but that was about it. Most experiences came out negative. They include:

  1. There are very few assets to trade in; 16 to be precise. This is unlike most brokers who have in excess of 50 for you to choose from. The problem here is the restriction to only these 16 and no more. For traders who are experienced, this software is not for them.
  2. Another limitation is in the options offered. Other than the High/Low options, there are no other options for you to trade in. this is also restrictive to those traders who would like to vary their options from time to time and when they want to.
  3. The promised 95% ROI is a sham and no trader has ever reported making such returns. The best traders managed up to 70% returns. This means that their promotion is deceptive to lure clients.
  4. Some traders were warned by their portals that MarketsWorld is a scam which diminished their confidence in the platform.

Conclusion

While MarketsWorld is not a blatant scam like some in the industry, it is still not recommended especially for experienced traders. It seems that the company has grown with the times and you will be very restricted as a trader.

The fact that you will not make the returns they advertise means that you are being deceived from the word go. You would be well advised to keep off this broker. If you chose to trade with them, just keep in mind that you are doing it at your own risk and the chances of losing money are very real.

What you need to do

As a trader, either an experienced one or as a beginner, put your investment where your returns are guaranteed. Put your investment where you will earn bonuses depending on your deposits and where withdrawals are easy but safe and secure. The place to put your investment is at Binary Option Robot. It is fully automated which means that you do not have time to synthesize all the financial information there is to make a good trade. The signals offered here are great and you will be making money in no time.

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International Pages

References and Further Reading

  1. Optimal consumption and portfolio policies when asset prices follow a diffusion process: John C Cox, Chi-fu Huang.

  2. Empirical properties of asset returns: stylized facts and statistical issues: R. Cont.
  3. Asset Prices, Financial and Monetary Stability: Exploring the Nexus: Claudio E. V. Borio, Philip William Lowe.
  4. Market Timing and Capital Structure (Digest Summary): Malcolm Baker and Jeffrey Wurgler.
  5. Higher market valuation of companies with a small board of directors: David Yermack.

Michael Allen Gives Overall Rating:

Author: Michael Allen

Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.

Michael Allen Gives Overall Rating: