All World Markets offers trading in financial instruments like Forex, Metals, Energies and Indices.
All World Markets is allegedly the “finest and most secure” trading company founded by “financial experts and professionals”.
They promise the following:
Commission-free trading, advanced trading tools, negative balance protection, dedicated account manager, straight through processing (STP) and No Dealing Desk (NDD) benefits.
Minimum deposit is $100 and up to $5,000.
They give leverage of up to 1:400 which is generous enough.
The first two account types restrict demo trading by duration. Only the third account type has unlimited demo.
In addition to this, All World Markets is offering “Exclusive & Comprehensive learning package”.
I’ve looked at the education and found out that it’s basic in nature.
Learning materials include teaching what Forex trading is, fundamental analysis, technical analysis and a glossary section.
All World Markets is basically a new company operating from London but claiming to be regulated by the Financial Services Authority (FSA) in Sychelles.
Why would a broker be headquartered in London while regulated from Seychelles?
If you want to know the truth about All World Markets, read our review.
Is All World Markets legit?
I don’t think All World Markets is a registered company just yet.
Details of the business are scanty but one thing is for sure; they’re a brand new website and broker.
Who.is says the domain allworldmarkets.com was registered in December 2019.
Yet their sales page claims they’ve been serving traders for 9 years. Who is lying here?
They also claim to be serving 45,000 active customers. However, the alexa ranking of the site says it is receiving zero traffic.
There are many inconsistencies on this sales page that even it’s hard to believe this broker is legit.
Should you trade with All World Markets broker?
Problem with this broker is that their website marketing materials is just verbatim.
There are no details of whether or not they run MT4 trading platform.
This means they can’t compete with the best brokers in the industry.
On top of that, they’ve limited demo trading as a way to harass new traders to fund their accounts.
This is high-pressure sales tactics which is unusual with brokers who are serious into building long-lasting relationships with their customers.
Access to support via chat or account manager is also restricted. Only clients who fund their accounts with 5k and above has unrestricted benefits.
What is more, All World Markets does not prove its licensing status.
They only claimed on their sales page that they’re licensed by the FSA.
This information does not sound authentic because even their license number cannot be found on the website.
In my investigations, I’ve found that All World Markets is definitely lying about their licensing status.
I’ve also established that this web page is very inconsistent, which is a sign that the persons behind it are not straight forward.
In fact, even the CEO and admins are not known. The only thing that seems to be true is that All World Markets is operating from London.
I would never deposit any funds with this broker.