Is MarketsWorld Binary Option Broker legit?

Question

I want to invest in binary option but i want to know first if binary option legit as well as the broker MarketsWorld. Help please. thank you!

Answer 1

Binary options are just online gambling at stupid odds.



Marketsworld is not an authorized firm in the US (CFTC and SEC sites) or UK (FCA site). They are clearly avoiding the markets with the strongest regulation, which is not a good sign.



The only stuff on the web is their own advertising and a few industry reviews, neither of which any sane person would trust.



"A fool and his money are soon parted." - P.T. Barnum

Answer 2

Marketsworld may not be legit but there are other brokers that are. I hate when people say that all binary options broker are a scam, because they are not. I work closely with some of them, review their platforms and can tell you exactly what brokers are a scam and what not. Some of them are scamy and don't give your money back, make you lose a lot of money, but some of them not. Reliable brokers exist and you can even profit if you learn how to trade, take the right actions and follow signals, practice and then you will be able to start thinking on profit.

Answer 3

Markets World is certainly not a scam. They do exactly what they say they do. It is important to bear in mind that binary options are extremely risky as you either win and get the return or lose your entire investment. A couple losses in a row and you can be wiped out. Although the potential to win money quickly exceeds that of traditional investing. This is gambling at the end of the day. Only you are gambling on the Stock Markets where you might have more insights than on a deck of cards for instance or roll of the dice.



As binary options are fixed odds bets on the financial markets the proper regulator for this could be either a gaming regulator or else a financial regulator, there is a dual jurisdiction. Different countries have gone different routes with regulation. Cyprus regulates binary options under financial whereas the British Isles and Malta regulate this under gaming. The important thing is whether the broker is regulated by a trustworthy country. You cannot get any better than Great Britain which is on par with America in terms of licensing and regulation. Binary.com and MarketsWorld.com are both regulated in the Isle of Man Great Britain which is a UK white listed country. They are definitely not scams.

Answer 4

MarketsWorld is regulated by an offshore gambling commission and not a proper financial regulator. While gaming regulators afford some level of basic protection, this comes nothing close to the kind of regulation a proper financial regulator would provide. I would personally avoid all unregulated entities.



You should be aware that Binary Options are skewed heavily in the brokers favor and traders must be able to predict price movement around 60% of the time to even break even. The majority of traders cant do this, meaning that brokers have built themselves a very profitable industry. I would suggest you look into other forms of trading.

Answer 5

Marketsworld may not be legit but there are other brokers that are. I hate when people say that all binary options broker are a scam, because they are not. I work closely with some of them, review their platforms and can tell you exactly what brokers are a scam and what not. Some of them are scamy and don't give your money back, make you lose a lot of money, but some of them not. Reliable brokers exist and you can even profit if you learn how to trade, take the right actions and follow signals, practice and then you will be able to start thinking on profit.

Answer 6

Your first answer is correct that binary options are a scam.



The answer saying to look for another broker is from an industry promoter representing a website.



Anyone claiming that you will beat the ridiculous odds is a LIAR.



I'm here just trying to protect the public from losing money to frauds.

Answer 7

using binary options you can earn in forex market without investing much. It depends on the other's investment. The chances are distributed among the participants. Some money making sites may provide you the full system of binary options. Forex trading require mental preparation and the money making attitude. If you want to know the simple earning methods binary options may help you. It is simple and give you high potential return only when you take the challenge of forex trading.

Answer 8

Marketsworld is definitely a scam I have been testing them out for the past several months and the conclusion is their data is often inaccurate the odds are highly stacked against you there is no way to win with them most of the time you will lose and if this isnt enough almost all winnings will be about 70 percent if you do win it is not 95 percent as they claim that should raise a flag to start with and the entire bonus system is bogus you have to trade an extreme amount of money to even get the bonuses and by that time you will have lost lots of money to them they even gave me another customer loyalty bonus recently as I was testing them again for a measly 25 dollars which btw you have to trade something like 1200 dollars to even get, this is how they try to lure you back in, does this sound normal to you lol on top of that it will often say trade unavailable especially when the odds are in your favor and when you do the strike price it will never be what you wanted there is a delay of about 3 seconds, also they are watching you as you trade making sure you lose and if they cant do that they will make sure it breaks even on your strike price as to no be suspicious I also suspect my computer is running background programs when I am on their site it gets louder as though it is be tampered with by them when I am trading MARKETSWORLD is a complete scam do not trust them I would never recommend them to anyone all they want is your money and if you do choose to trade with them they will get your money BEWARE -_-

Answer 9

#1 Binary Options Broker : http://BinaryOptions.raiwi.com/?WJv

Answer 10

Marketsworld.com

Answer 11

I use MarketsWorld and make some money every night. Also never had problems with withdrawals!

Answer 12

If you start to win they cheat you. They will say that you bid low 10 points higher than you did. I was getting good at it and they cheated me. Stay away.

Answer 13

please which binary option is a regulated ones i can invest my money on?