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MarketsWorld Review

Markets World Logo

MarketsWorld was a binary options broker that opened in 2010 and closed in July 2018.

They are owned by MarketsTheWorld Limited. They are located at Burleigh Manor, Peel Road, Douglas, Isle of Man, IM1 5EP Great Britain. Their phone number is: +44 016 2467 9022, and the email address is: [email protected].

For complaints or withdrawal issues, read this.

MarketsWorld Review

While reviewing MarketsWorld we see that they are using a custom made binary options trading software. In June 2017, Markets World upgraded the trading platform to make it more user friendly, and easier for players. They have a variety of underlying Forex and Commodity assets to trade, with multiple expiry times.

The trading platform is available in many languages like: Spanish, Russian, German, Arabic, Romanian, Portuguese, Dutch and French.

New traders can choose a variety of bonuses when they sign up including risk free trades, bonus money, and monthly loyalty rewards. They clearly state on the promo page all the terms and conditions included with the various bonus options.

The minimum deposit required for a new trading account is only $10.

Markets World New Binary Options Platform
Markets World New Binary Options Platform

MarketsWorld License

When we review a broker like MarketsWorld, the way we determine if they are a legitimate broker or a scam broker is simple. We look to see if a financial regulator gave them a license. Markets World is a unique binary options broker as they are licensed by the Isle of Man GSC.

Being regulated by the Gambling Supervision Commission makes them a legal online betting company, which is different than  brokers who are licensed by a financial regulator like ASIC in Australia. Whether you consider binary options to be trading or gambling, it is always important to use a broker that is under a governments regulatory authority.

Australia Warning! ASIC urges all investors to check they are dealing with an entity that holds an Australian financial services licence or is authorised by an Australian financial services licensee and regulated by ASIC.

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If you are already trading at MarketsWorld, please share your experience using this broker in the comments section below.