Introduction

Worldmill Limited is a broker firm that has been in operation for a good number of years. The firm offers a range of financial services, including trading in Forex, indices, commodities, and CFDs. This review aims to provide a comprehensive and objective look at the company, examining its services, features, and the experiences of its clients.

Services Offered

Worldmill Limited provides a variety of services to its clients. These include Forex trading, indices trading, commodities trading, and Contracts for Difference (CFDs). The company claims to offer a user-friendly trading platform, competitive spreads, and access to a wide range of markets.

Forex Trading

Forex trading is one of the main services offered by Worldmill Limited. The firm provides access to major, minor, and exotic currency pairs. However, some users report that the spreads can be quite high, especially when compared to other brokers in the market.

Indices and Commodities Trading

Worldmill Limited provides the opportunity to trade in a variety of indices and commodities. This includes popular commodities such as gold, oil, and silver, as well as major global indices. However, the number of commodities and indices available for trading is somewhat limited compared to other brokers.

CFDs Trading

The firm also offers CFDs trading. This allows clients to speculate on the price movements of various financial instruments without owning the underlying asset. However, it should be noted that trading CFDs carries a high level of risk and may not be suitable for all investors.

Trading Platform

Worldmill Limited provides its clients with a proprietary trading platform. The platform is web-based, meaning it can be accessed from any device with an internet connection. The company claims that the platform is user-friendly and comes with a range of tools and features. However, some users have reported that the platform can be somewhat difficult to navigate, especially for novice traders.

Customer Support

Customer support is an important aspect of any broker firm. Worldmill Limited offers customer support via email and phone. However, the firm does not offer live chat support, which is a common feature offered by many other brokers. Some users have also reported delays in response times, which can be frustrating when dealing with time-sensitive issues.

Regulation and Safety

Worldmill Limited is a registered company, but it’s not clear which regulatory body oversees its operations. This lack of transparency can be concerning, as regulation is a key factor in ensuring the safety and security of a broker’s clients. It is always recommended to trade with a broker that is regulated by a reputable authority.

Conclusion

In conclusion, Worldmill Limited offers a range of trading services and a proprietary trading platform. However, the firm has room for improvement in several areas, including its customer support, transparency regarding regulation, and the user-friendliness of its trading platform. As always, potential clients are advised to thoroughly research any broker before opening an account.