History and Reputation of MarketsWorld
MarketsWorld broker was established in 2011 by MarketsTheWorld Limited company, licensed in the Isle of Man, Great Britain. Since the very beginning they showed professional approach and attitude towards their clients and have built a good online presence supported by quite excellent reputation.
MarketsWorld, being one of the brokers who decided to keep accepting US clients, did not pursue CySec licensing (which does not allow accepting traders from USA), however they applied for regulation by Isle of Man Gambling Supervision Commission. That being the case, they can still accept USA traders. However, the main guarantee of their professional approach is actually their reputation - which is almost spotless with only a few negative complaints in all 6 years of their operation.
MarketsWorld can be recommended to any trader, as it has quite a few advantages over many other brokers or trading platforms. And for USA traders, looking for a trusted broker, this is the one to trade with. Personally at this moment I do not feel comfortable endorsing any other binary options broker who accepts traders from United States, but I feel comfortable recommending MarketsWorld to any trader.
Free demo with no need of deposit is also available.
MarketsWorld Trading Platform Features
MarketsWorld offers proprietary trading platform. Biggest advantage of their platform is definitely immediate trade execution. While some platforms may lag your trade entry for even up to two or three seconds, MarketsWorld trading platform opens your trades with no delay. I have experienced such speed only with Stockpair. MarketsWorld charts are fast and responsive and update on every tick.
Their selection of expiry times is better as most other brokers offer and expiry times will provide you enough options to trade any strategy. They offer 'countdown' expiry times which expire at 1, 2 or 5 minutes after your trade entry and 'standard' expiry times which are fixed at certain round time, for example for trade opening at trading at 11:30, the expiry times are 10:32, 10:34, 10:40, 10:50, 11:00, 11:20, 11:30, 12:00, 13:00, 14:00, ... up to 22:55.
Up to four fully open charts can be displayed on screen and below the charts there are two windows containing information about open trades and trade history.
There is no unnecessary stuff on their trading charts and interface. There is no possibility to make on-chart analysis or market sentiment meters and other stuff. Being an experienced trader who uses external charts for analysis, this is what I personally like. The only thing missing, which can come in handy, is having news displayed beside the charts. However again, for news trading it is best to use external sources (websites) for economic predictions.
Their trading interface definitely feels good, fast and professional.
Asset list of MarketsWorld covers Forex majors as well as some minors (14 Forex pairs), Commodity (only Gold) and few Indices (3). They do not offer binary trading on Stocks. Forex pairs can be traded 24/5 with exception of market closing times. It can be said that their asset list is not very impressive, and if you are looking to trade very specific assets besides Forex, you are probably not going to fin them on MarketsWorld list. However if you are mainly trading Forex pairs, you will find what you need and will get high return rates during most market times.
Types of Trading
Only classic call/put (up/down) options are available on MarketsWorld platform. Enough for me, however it might not be enough for traders who want more variety of 'exotic' types of trading. If you trade touch or boundary strategies, ladders and similar, you won't find this options on MarketsWorld.
There is no possibility to sell the trade before closing time and once you open a position you will have to wait till the expiry time to see if the trade is profitable or not. This tool would be good addition to MarketsWorld platform, however most traders don't use it anyways. But the ones who like to use it will probably find it missing.
There are no news, signals, alerts and other stuff as well. This I do not find missing, as professional traders use external charts for analysis and specialized resource websites for news. However traders who are used to have such tools integrated directly in the platform will not find them here.
Return rates depend on the market time, expiry and asset, but are at around 70% during low trading hours and can reach all the way up to 88% return during major markets trading time. Generally speaking, MarketsWorld return rates are in the mid-high range when compared to best returns offered by other (trusted) brokers. For some assets at certain times you will get much better deals and for others they will offer average returns.
Mobile Trading Platform
As many other brokers MarketsWorld also offers mobile trading apps available for Android and iOS systems.
MarketsWorld Broker Features
Support and Education
Support is offered by phone, email or chat. MarketsWorld representatives will not call you and try to persuade you to deposit and trade at any cost. It is not in their policy to operate in such way. If you need support, you can request it, and in this case they will respond and try to address any issues or questions you might have. Apart from that they will not bother you with constant offers and 'special deals' and so on.
Apart from their well structured FAQ section, there is not much material for trading education for beginners. If you want to get educated about trading, you will have to search for educational videos and tutorials elsewhere.
MarketsWorld Bonuses and Coupons
MarketWorld offers some attractive bonuses for first time clients. Among other things you can get the following:
- 10 USD/EUR/GBP no deposit bonus. You only need to register and enter the coupon code NDB10 in the deposit section. No need to make a deposit.
- 50 USD/EUR/GBP risk free trade. You need to make a deposit for this bonus. Your first trade will be risk free, meaning if you lose it, MarketsWorld will return your investment up to 50 EUR/USD/GBP. Use coupon code 50RFT in the deposit section.
- 100% deposit bonus (cash match up) for up to 1000 USD/EUR/GBP first time deposit. Use coupon 100CM in the deposit section.
There are other promotions and benefits you can get with MarketsWorld. Just mind that bonus terms and conditions apply when requesting a bonus. For more information check the MarketsWorld website.
Free Demo Account (No Deposit Needed)
MarketsWorld offers a demo account with 10.000 credits which can be re-filled at any time. It is a great opportunity for exploring and getting used to their trading platform as well as for practicing trading, if you are a beginner. You can open a demo account for free with no need to deposit or provide your personal information.
As already mentioned, MarketsWorld is regulated by Isle of Man Gambling Supervision Commission (GSC) in Isle of Man, Great Britain.