Broker ceased to exist

MarketsWorld_logo MarketsWorld 5/10 (votes 2372)

On-line since: 2005
Country of origin: -
Regulation: -
Payment options: credit cards, cryptocurrencies, Skrill, wire transfer
Minimum account size: $2,500
Minimum lot size: -
Leverage: 1:25 000
Spreads: -

MarketsWorld was one of the most popular online trading platforms with more than 16 years of experience. However, after visiting the official website of the company, it becomes clear that the broker was unable to exceed this threshold and seized its operation in 2018. At the same time, the broker assures that the remaining balances in client accounts are 100% protected.

Trading conditions

Due to the fact that the company has ceased its activity, information about the services and trading conditions on the Internet is very scarce. It is only indicated that MarketsWorld used AI Managed Trading as a trading platform, which combines the functions of advanced machine learning, artificial intelligence with a team of highly qualified professional traders and analysts.

The broker gave its clients a choice of three trading accounts:

  • trial (minimum deposit is €2,500)
  • standard (minimum deposit is €5,000)
  • gold premier (minimum deposit €25,000)

More detailed information about these account types is not available anymore as the company`s official website limited access to this data after it was closed.

During its existence, the company offered its clients a wide range of trading instruments: currency pairs, stocks, indices, commodities, and cryptocurrencies.

The broker promised its investors big returns even during a bear market.

Feedback

After having studied the reviews about the company’s activity on the Internet, we understood why it had to close. The lion`s share of comments are negative. Many traders complain about the fraudulent schemes the broker used and the draining of clients` deposits.

Advantages and disadvantages

Due to the lack of any information about trading conditions, it is not possible to draw conclusions about the disadvantages and advantages of the company.

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