World Markets Review 2019 | Is World Markets a Scam or Legit Forex Broker?

Read our World Markets review to find out if World Markets is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

2.5/ 5

Rating breakdown

Protection & Regulations
20% Complete (danger)
1.0/5
Trading platforms
20% Complete (danger)
1.0/5
Tradable Products
80% Complete (danger)
4.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
World Markets
World Markets Overview

World Markets is focused on digital currency and trading in metals as CFDs. They appear to have already collected a number of awards for their efforts

# Broker's Features WORLD MARKETS Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review World Markets.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. World Markets offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Crypto.

Tradable Products: Cryptocurrency trading and trading in precious metals appear to be the main focus of WorldMarkets at this time

Broker Type: Many types of brokers can be found in the most dynamic market in the world. World Markets is Dealing Desk.

Features: Trading features are only really applicable within the forex aspect of the service

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. World Markets recommended minimum capital is $2500.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. World Markets is regulated by Not regulated. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: World Markets do not appear to be regulated by any of the major global regulatory bodies like CySEC or ASIC

Languages Available: Next lets have a look at each broker's different Language options. World Markets offers English.

Payment methods: Next lets have a look at each broker's payment options. World Markets offers Credit Card, Cryptocurrencies, Skrill, Wire Transfer different payment methods for each account types.

Deposit and withdrawal: There are a number of funding options available for each service and broker that World Markets is connected with

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, World Markets makes Proprietary available to clients.

Web & Desktop Trading Platforms: World Markets deals with a number of different broker types and services, meaning there are a range of trading platforms available
Mobile Trading Platforms: Mobile Trading is primarily made available for forex on World Markets

Other

Trader Education
Trader education at World Markets comprises or some forex related videos and articles only

Promotions
There are no promotions, bonuses or trading contests on World Markets

Support
Extensive customer support is available for traders when required through Email or phone

Recup
World Markets seems relatively new to the business but a good place to connect with the type of trading you desire.

Final Thoughts
Initially, the process involved with World Markets can seem confusing, but overall, it is a good starting point for those who may be unsure which type of trading they want to engage in and how to get started.

Trading Experience
World Markets has so many trading options available that it is difficult to pinpoint one precise type of experience

People Also Asked

Is World Markets regulated?
Yes, World Markets is regulated by top-tier regulators, Not regulated inclusive.
Where is World Markets based?
World Markets is based in Estonia
How does World Markets make money?
World Markets charges a spread between the bid price and ask price. In some instances it also charges a commission.
How do I deposit in World Markets account?
With World Markets you can deposit money via the following means; Credit Card, Cryptocurrencies, Skrill, Wire Transfer.
How do I withdrawal in World Markets account?
World Markets lets you request a withdrawal of funds from your account via the following means; Credit Card, Cryptocurrencies, Skrill, Wire Transf.
What is the minimum deposit for World Markets?
World Markets has $2500 minimum deposit.
What are the available account base currencies with World Markets?
World Markets trading accounts are offered in N/A. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in World Markets?
World Markets has a maximum leverage is 1:25000 for professional traders.
How do I open an account with World Markets?
Opening an account with World Markets is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does World Markets use MetaTrader?
World Markets platforms: No, World Markets do not use MetaTrader but it uses the following platforms: Proprietary
What type of broker is World Markets?
World Markets appears to be a Dealing Desk broker which offers market access to a variety of traders.
Does World Markets accept US clients?
No
Does World Markets offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with World Markets: You can trade a wide variety of instruments with World Markets: Currencies, Commodities, Crypto