World Markets is a licensed broker, launched in 2011. The company is based in the UK and offers opportunities to trade a wide range of assets. The company offers high payouts of 90%, a demo account and a low initial deposit of just £20. Withdrawals are processed quickly and the binary options market is solid responsibly. The market is not a scam.
The company is regulated in the Isle of Man. They have always operated honestly and are currently looking to grow as the field gets better and binaries enter the financial mainstream.
The World Market has stopped trading. The company is no longer accepting new accounts.
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World market assessment
Major Events:
Minimum deposit: £20
Payout: 90%
Demo Account: Yes
Regulations: Yes.
Bonus: £10 Free Trade / No Bonus Bonus / 100% Cash Match up to £1000 (New traders can choose which offer to claim).
Exchanges
World markets offer traders all major assets. These include major currency pairs (forex), indices and commodities. The platform has recently been improved and new features added.
On the left side of the exchange, are options to choose the asset (or market), expiry date, number of trades, and trade direction. The payout is also displayed below the deal size, both the percentage and the total potential payout. World markets use ‘Higher’ and ‘Lower’ buttons – replacing Call/Put terms which can be confusing for new traders.
The ‘Buy’ button will confirm the trade and it will appear in the open positions area.
The right side of the platform shows the price chart. The default rate is based on the selected shelf life. The charts can be zoomed in or out, analytics can be added, and the whole thing is zoomed in. Improved charting is one of several recent upgrades to the platform.
Binary account information
There are several barriers to entry into the World Market. Minimum deposit is £20 and minimum trade is £1. (With up to £1,000). The company offers trading newbies, through veterans binary options. Accounts can be opened in a variety of currencies including EUR, GBP or USD.
Opening an account is a simple process and a demo account, and no deposit bonuses are available without having to make a deposit.
Withdraw and deposit
The minimum deposit is £20 and the minimum trade is £1. The company makes binary options trading for retail investors who do not want to invest a large amount of money initially.
Merchants can fund their accounts and withdraw using all major bank debit cards, Visa and Mastercard, including Visa Electron, Visa Debit, Visa Purchasing, Mastercard Debit, Maestro, Switch and Solo cards.
The world market also accepts a wide range of e-wallet providers such as Neteller and UKash.
Customer service
World Markets has a dedicated customer service team available 24/7 by phone, email, skype and live chat. Due to the fast-paced nature of the industry, the team is keen to hear from their clients so they can improve the trading experience and develop an environment that is right for their clients.
Demo account
World Markets offers a great, flexible demo account. It requires no deposit to open and log in, and there is no time limit. The demo account offers the same access to the underlying assets, at the same price as the real money online platform. This gives traders the opportunity to try out the platform without risking any money, or making any deposit.
Account is unlimited, no time limit. If you run out of balance, it can be restored with a call or text to support – perfect for trying out new strategies. It’s good to see a broker that offers access to an unlimited demo – it shows that the company has confidence in their trading platform and is keen for new customers to try it out. They are confident in their product and know that the end user will be satisfied with what they see and open a real account.
If a trader opens a real money account by upgrading a 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 definitely one of the better demo glossary for any broker.
Trading app
The brand offers a high quality mobile trading application. The app has been designed for both Android and iOS (iPhone and iPad). It brings the same trading experience to the full platform and trade execution is equally fast. Support is provided 24/7 on the app and the download is compact, just 24MB.
The app is a solid addition to the trading experience and traders who want to make sure they can trade while away from home will be kept happy. The same demo account can be operated from both mobile or desktop apps, so traders can try both without paying a minimum deposit.
Is the Market a Scam?
World Markets is one of the famous brokers that was launched in 2011. The company is located in the UK and is regulated by the local financial authorities on the Isle of Man. The most attractive feature of this platform is the high payout up to 95% on your investments. It has a very wide range of assets including currencies, stocks, indices and even commodities. These include an excellent customer support that provides help with all matters to traders, along with an easy withdrawal service. In addition, world market also offers several payment gateways to provide maximum convenience and security for all your transactions.
Review Summary
In a nutshell, World Markets offers a safe, reliable and regulated binary options platform for both novice and experienced traders – all based in the UK. Potential 90% profit, easy deposit/withdrawal process and customer service make them a must-visit for all binary options traders.