World Markets online trading platform Revie
World Markets is an on an online trading platform that enables its users to deal with a range of products.
The platform was first introduced in 2003. Over the last 16 years, World Markets built a customer base of more than 50,000 loyal users and has now a long-lasting track record.
This trading platform allows you to trade different commodities, including precious metals – gold, silver, platinum or copper.
Since the team has partnered with brokerage counterpart HYCM, access to a wide variety of other assets beyond rare-earth elements, such as stocks, money, contracts and much more became possible.
In recent years the company was rewarded with multiple awards.
Special features of World Markets platform
Due to its expertise and due to the implementation of highly innovative technical functions
World Markets differs from its competitors.
Although considered as being small World Markets stands out as a platform that provides an AI-backed investing opportunity through their Al software. Its most essential feature is the “Trader-Operated Artificial Intelligence Managed” trading accounts.
World Market’s AI software enables the customers to situate, assess, and analyze possible trading opportunities.
How does Al World Markets’ software work?
Company’s expert analysts and brokers assisted by advanced artificial intelligence examine the current market situation and trends. As a result of this analysis, they create appropriate trading techniques profitable for the client.
The platform makes every effort to strike an ideal equilibrium between artificial intelligence and human participation.
To improve the AI-supported trading feature to be more efficient and generate more accurate forecast market models and trading strategies, World Markets has additionally acquired the development of innovative supercomputing systems.
According to the World Markets internet site, people execute all the trades, whereas the AI examins and forecast the market trends and suggest the right trading strategies only. Skilled traders and human analysts further evaluate this information. With this configuration, the trading platform has been able to continually guarantee positive returns for its clients’ regardless of the situation on the trade markets.
Since 2017 AI trading algorithm has acquired a monthly return of 21.77%. Several third-parties, like BarclayHedge, FXSTAT, MyFXbook, and A to Z Approved, confirmed this return to be accurate for their companies.
Settlements and Withdrawals
There is a wide variety of payment methods to fund your World Markets’ account: Visa, MasterCard, Bank Wire, WebMoney, Skrill, Bitcoin/Ethereum.
However, you will be required to make a minimal down payment of $2,500 (or local equivalent) to use the AI-backed trading software program.
Alternatively, if you access the financial tools offered through the HYCM system, you can get going with an initial deposit of just $100.
Apart from credit cards, there are no funding fees on any payment method you may choose – concerns both deposits and withdrawals. But keep in mind that you will be covered to 6 fee-free withdrawals each year.
Trading Fees and Commissions
World Markets’ highly successful AI-backed algorithm generates a trading fee structure.
Opening an Account at World Markets
The account opening procedure at World Markets is similar to any other online broker operating in the investment space. To meet and abide by all relevant regulations bordering anti-money laundering and terrorist financing, the broker needs to identify each client that utilizes its services.
Client’s identification process includes disclosure of your full name, house address, country of residence, date of birth, national ID number, and contact details.
This identification procedure will be followed by a KYC (Know Your Customer) process, which will include uploading of some supporting documentation. It will consist of an evidence of identity (passport or driver’s permit) and proof of address (bank statements, energy costs bill, etc.). Once your identification process is verified World Markets’ team, you will be free to make deposits and withdrawals at will.