- February 27, 2020
- Posted by: icoblock
- Category: Uncategorized
Financial markets are going crazy since the beginning of 2020. Since January 1st, there have been a lot of ups and downs out there. First, it was Tesla – its stock shot up from around $430 at the beginning of the year to $841 to where it currently trades. This marks an increase of almost 100% in less than two months. Needless to say, you don’t get to see this on the stock market every day, especially when the company in question is as big as Tesla.
In January, however, something else happened as well. Starting from a city in China called Wuhan, the deadly coronavirus is now taking its toll throughout the entire world. With confirmed cases in numerous countries, financial markets are responding. Indices such as the FTSE100, S&P 500, DJI, NASDAQ, and so forth, are marking serious declines. In times of economic uncertainty of the kind, World Markets brings an exciting proposition.
It’s also worth noting that there is a case being made that Bitcoin is also looked at as a hedge in conditions of the kind. This is mainly due to its widely uncorrelated nature to traditional financial markets. Long story short, when trading, it’s essential to have a choice over the assets you invest in.
This is where World Markets steps into the picture.
What is World Markets?
World Markets provides its users with platforms where they can trade a wide range of different products, including currencies, cryptocurrencies, stocks, gold, digital gold, other precious metals, stocks, and so forth.
From Artificial Intelligence (AI) managed accounts, to digital gold, World Markets aims to provide both retail and professional investors with the necessary tools to capitalize on the movement of the market.
The platform’s AI-managed accounts allow traders to operate with millions of dollars and outperform traditional asset classes and traders alike.
World Markets AI-Managed Accounts
Presumably, one of the most impressive offerings that World Markets does is their AI-managed trading accounts. According to the official website, it has provided more than 100% of compound returns throughout the past quarter alone. Moreover, that’s regardless of the direction of the market.
During January 2020, for example, the AI of World Markets has generated a return of 23.7%.
Supposedly, throughout bear markets, the AI trading system managed to provide superior returns compared to traditional assets and traders.
Opening an AI-managed trading account is relatively easy. However, it’s worth noting that there is a minimum deposit requirement capped at 5,000EUR. Traders can also open a trial account with $2,500EUR, but they have to upgrade it within the first 30 days.
World Markets And Cryptocurrencies
When it comes to cryptocurrency trading, the platform doesn’t seem to offer a standalone native solution. Instead, it has partnered up with BitMEX.
In other words, Wolrd Markets users who wish to trade cryptocurrencies are redirected to BitMEX. This is one of the most popular Bitcoin margin trading exchanges, and it also boasts the highest 24-hour trading volumes, as of the time of writing this.