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|
|#||Accepts US traders||❌|
|#||24 hour trading||❌|
|#||Trading by phone||❌|
|#||1st deposit bonus||❌|
|#||Forex contests competitions||❌|
|#||Interest charges on the balance||❌|
|#||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, Cryptocurrency.
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
As a market maker, World Markets may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.
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/Debit Cards, Cryptocurrencies, Skrill, Bank 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
Trader education at World Markets comprises or some forex related videos and articles only
There are no promotions, bonuses or trading contests on World Markets
Extensive customer support is available for traders when required through Email or phone
World Markets seems relatively new to the business but a good place to connect with the type of trading you desire.
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.
World Markets has so many trading options available that it is difficult to pinpoint one precise type of experience