World Markets Review

Is World Markets a scam or legit broker? Read World Markets Review

World Markets used to sell precious metals, but now its main service is a program for investing with managed accounts. World Markets asserts that winning numerous awards demonstrates the success of its AI-controlled account.

World Markets with the web address https://worldmarkets.com/ states that it has locations in Switzerland, China, Iceland, and Norway. The addresses that World Markets provides are unquestionably phony. For instance, there are undoubtedly no offices of World Markets in Switzerland.

This is a very important issue because if World Markets wanted to do business in Switzerland, it would have to set up a legal entity there and get a license from the FINMA, which it doesn’t.

This broker is not legitimate. The Financial Markets Authority of New Zealand has verified this to be true. It exhibits “the telltale signs of a scam,” according to the FMA.

Nowhere in the world is World Markets registered or authorized to offer investment services. It’s against the law in most countries because it doesn’t have any permission to do business.

The various honors that Global Markets reportedly has won are another thing that is prominently shown on its website.
Several awards cannot be confirmed because there are no working links and the wording is illegible, which is an issue.

Possible scam activities of World Markets

Forex trading scams, Binary OPtions trading scams, Cryptocurrency trading scams and other investment trading scams are harder to spot. But there are some signs.

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this World Markets review.

• The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
• The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
• The broker may have made a number of false claims through its website.
• The broker promises returns that are too good to be true.
• The risk warnings may not be disclosed on their webpage or would be hidden.
• The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
• The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
• This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.

Negative World Markets Reviews and Complaints

World Markets has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2023.

Example of Negative World Markets Review

After Searching internet you will find many negative World Markets Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and World Markets reviews are negative. Instead we recommend looking for regulated and reputed brokers who can really help in growing your investments.