Welcome to the World Markets review. A couple of months ago, the scam switched their Trustpilot name to WaMeng China Ltd) before going back to the original name.
This website has finally let the cat out of the bag by proving that they were not trading all this time. There’s 100% certainty that this was a ponzi scheme as opposed to a genuine Crypto fund manager.
If you want a genuine Crypto fund manager, apply here.
The company is doing business from this domain worldmarkets.com, which is also the subject of this review.
The company started by heavily promoting their World Markets brand across the internet In November 2019.
A quick background search for the domain Worldmarkets.com reveals that the domain was indeed registered in 2003 before it was sold to the current owner who actually turned it into a Crypto ponzi scheme business.
They have since slowed down their promotion efforts, which suggests that they could be doing a runner by January 2021 or thereabout.
World Markets is actually working in tandem with hycm.com broker through a “copy-trading software”.
There is no copy trading or evidence of it on the entire World Markets (WM) website.
It appears that this broker also owned HYOptions.com domain. Unfortunately this website is now defunct. This is a red flag!
World Markets is allegedly offering AI managed trading accounts in addition to selling physical Gold bars.
The Gold bars sold by WorldMarkets are held by an imaginary licensed institution.
However, the scumbags insist they don’t do business with unlicensed Gold vaults.
To make matters worse, WM has since stopped processing withdrawal requests or responding to emails from their clients.
The scam has developed immunity to the public as they continue to operate in defiance, despite warnings from financial regulators such as the FCA.
………… ignore the next part of this review as we wrote it when the company was actually producing verifiable returns for its investors.……….
This means that your Gold is legally being sold to you and the entire process of selling is safe and efficient.
The gold bars in question can be liquidated instantly to fiat currency or Cryptocurrency if the customer chooses this route.
World Markets has also gained recognition over the years as this is obviously seen from the multiple awards they’ve won in the past.
According to who.is, the domain where World Markets is operating business from was created in November 2003.
Either the company has been operating for decades as purported by the date of domain creation or the people running this operation simply purchased this domain to run their website from.
This is not a bad thing as everyone in the internet business space has a right to decide whether they want to launch their business from a brand new domain or one that has been established.
The authenticity of these awards can actually be verified simply World Markets and its website is actually linking to sources that publish multiple awards for the companies that won them.
Although World Markets does not introduce the faces behind their investment operation, it appears that real people with real investment experience are running this project.
We’ve actually interviewed someone from the company because we had concerns at first regarding their service.
We wanted reassurance that if we invested with World Markets, we would realize the kind of returns which are being advertised on the platform.
We even thought that this company was using stock photos. See the picture below.
We realized that we had misrepresented facts in our World Markets review and every time this happens, we make sure that the error is corrected.
For the sake of your reference, we’ve decided to leave the photo below as is because the people in it are real.
World Markets is offering financial services to investors and the question of whether or not a license is needed would arise.
Well, us of today, managed account providers and precious metal dealers don’t require a financial regulator’s license.
A license would only be needed if World Markets was operating a Forex brokerage.
World Markets review
They’ve partnered with prestigious financial companies.
World Markets seems to have established a relationship with the companies whose logos can be seen below.
As for their partnership with TradingView, we can say they are more than subscribers of their services. This is a good sign, and one that brings confidence in investors who would like to buy Gold or invest in WorldMarkets’ services.
Every broker out there can use TradingView charts to facilitate their operations.
Now, WorldMarkets’ Gold and Silver Bullion business is quite interesting since it’s rare for a managed account provider to sell precious metals as well.
They want investors to know that their suppliers ship precious metals globally and are fully licensed and regulated.
Information about those suppliers has not been disclosed on the World Markets website.
However, they’re linking out to various websites of Gold, Silver and other precious metals dealers.
World Markets review: what about AI managed accounts?
They want traders to know that their website is offering investors a chance to gain returns by way of utilizing advanced artificial intelligence.
WorldMarkets also claims that their trading desk provides highly profitable trades by scanning thousands of opportunities within seconds.
Their pro traders are allegedly averaging 20% returns a month.
Throughout the bear markets, while many investors were panic-selling, our AI Trading System was achieving returns far-superior to alternative as well as traditional assets.
As of December 2019, we have achieved consistent strong returns regardless of bull or bear market.
The precious metals dealer and digital trading services provider is actually offering realistic monthly returns.
20% a month is reasonable because the website doesn’t sell a get rich quick style of investing.
Even though lot of logos for third party auditing firms and statement sharing services like myfxbook, FXStat, Barclay hedge etc have been used, we believe this service is quite different from regular scams like Forex92 and lady f trader.
Why World Markets is not a scam
- They’re genuinely helping investors buy Gold, Silver and Platinum at the best prices.
- The company behind World Markets is made up of experienced financial experts (we’ve actually talked to a few)
- They’ve partnered with a reputable broker called HYCM. Check reviews of HYCM broker here.
- Haters claimed that WorldMarkets is associated with Managed Forex Ltd. Reputation of this company continues to be negative but there’s no evidence that World Markets is associated with the above entity.
After all has been said and done, one has to decide whether or not they’ll invest with this operation.
For us, we feel it’s perfectly ok for investors to buy Gold, silver or whatever precious metals they want.
Investing in their AI-managed account could also be a good thing to do.
As we conclude this World Markets review, we should remember that the endorsement are real and the company has professionally-looking and attractive website which speaks words about their level of service.
Whatever you do, make sure that World Markets is your preferred investment destination this year. By the way, managed accounts start at $3000 and you can sign up here.