Research
“There are no tools available for research at all”
Within the research area, there are no options available for traders. There are some provided directly by the Metatrader platform which incorporates a news function as well as its charting capability and HY Markets who make a variety of forex calculators and a detailed forex calendar available for use. When it comes to the other services provided by World Markets, research tools are limited or not available.
Trader Education
“Trader education at World Markets comprises or some forex related videos and articles only”
Again the primary place to receive any kind of education is through HY Markets who make a small amount of forex related education content and videos available. From World Markets you can also access a range of educational forex videos and trading educational videos which may be best suited to new traders. These work through the basics.
Trading Experience
“World Markets has so many trading options available that it is difficult to pinpoint one precise type of experience”
The overall trading experience and environment with World Markets is difficult to define. This is due to the function they perform in the industry. They are the connecting point between a variety of different trading services which each have their own trading environments and experiences.
With that said if you are unsure which type of trading you wish to engage in, World Markets may be a good starting point, so with that in mind, it is more geared toward new traders who are open to everything.
FAQ
Where is World Markets based?
World Markets have office locations in major cities and financial hubs around the world including China, Norway, and Switzerland.
How does World Markets make money?
World Markets make money through referring traders to the various services which they provide access to via their website.
How do I make a deposit into my World Markets trading account?
Once you have selected the type of trading you want to engage in, you will be directed to the related site to open an account and make your deposit.
What is the min. deposit for World Markets?
This minimum deposit is subject to change based on the type of trading you engage in, but generally starts from $50 based on forex trading.
Does World Markets Offer MetaTrader?
Yes, Metatrader is offered to World Markets users via HY Markets.
Conclusion
“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. The variety of trading types and partners they deal with can offer exposure to several investing and trading types. World Markets is an introducer rather than a Market Maker.
Here’s some of the main features of note of World Markets:
- Start trading with a deposit of just $100
- Refers to FCA, CysEC and CIMA licensed brokers
- Broker segregates its accounts through Tier 1 banks
- Round the clock customer support