Weltrade

2.8

Rating

2.8/5

Pros

  • 30-minute Withdrawal Processing
  • 24/7 Customer Support
  • Perfect Trade Execution
  • Multiple Promotions all-year round
  • Multiple Trading Platforms

Cons

  • Charges for VPS
  • Website needs cleaning up

Weltrade General Information

Broker Name: Weltrade
Established: 2006
Country: Russia
Min Deposit: $25
Max Leverage: 1:500
Regulation: No Regulation
Email: [email protected]
Telephone: 8-800-775-68-65
Website Language: English, Russian, Thai
Support Methods:

  • Email
  • Telephone
  • Live Chat
  • Skype
  • 24/7 Support

Deposit Options: Credit Cards, Debit Cards, Bank Transfer, Perfect Money, Yandex Money, Qiwi, OKPay, Liqpay, WebMoney, Skrill, Neteller, CashU, FasaPay, Maestro
Withdraw Options: Credit Cards, Debit Cards, Bank Transfer, Perfect Money, Yandex Money, Qiwi, OKPay, Liqpay, WebMoney, Skrill, Neteller, CashU, FasaPay, Maestro

Weltrade forex broker description

Weltrade is really a forex trading business which has been conceived with a group of likeminded individuals in 2006. It includes its headquarters at Kingstown, St. Vincent and the Grenadines. Through the years of work and specialty, Weltrade has carved out a name for it self in being on the list of finest forex traders round.

Trading accounts

For one to truly be in a position to execute trades using Weltrade, you need to get a trading accounts. Weltrade will offer this account in a variety of kinds which can be designed determined by unique customers’ needs. These account types are the micro, premium, pro, ZuluTrade and the crypto account.

The Micro Trading Account

The micro trading account is an account type for novice forex traders who have little or no experience in trading same as in the forex trading concept. This is a training account and will give the trader hands-on skills and understanding when it comes to trading. The features of this account are:

  • Market type of execution.
  • Minimum deposit of $25.
  • Uses the United States dollar and cents as its base currency.
  • Fixed spreads with pips from 1.9.
  • It is a commission free account.

The Premium Account

The premium account is the account type suitable for both experienced and inexperienced traders who do not want to stake much into the trade.

Its features include:

  • It is a commission free account.
  • Supports the market type execution.
  • Minimum deposit is $200.
  • It accepts the euro and the United States dollar as its base currency of operation.
  • Leverages from 1:33 to 1:1000.
  • Attracts an interest rate of 3.5%.

The Pro Account

The pro account just as the name indicates is an account type for professional traders who are willing to stake more in the execution of trades. The features of this account type are as follows.

  • Minimum deposit is $500.
  • It uses the United States dollar as its base currency of operation.
  • Floating spreads from 0.5 pips.
  • Market type of order execution.
  • Leverages from 1:1 to 1:1000.
  • It is a commission free account.

The Crypto Account

The crypt account is an account type that accepts cryptocurrency units in the execution of trades. The following are the features of the crypto account.

  • Minimum deposit of $50.
  • It uses the united states dollar as its base currency
  • Leverages from 1:3 to 1:20.
  • Commissions are charged at 0.5%

About the company and security funds

In over a decade of Weltrade’s existence, it has managed to grow substantially and has expanded into more than 18 countries worldwide. That is a big fete for a financial company as clawing to such heights does not come easily. In these 18 countries, it has almost 100000 customers in each making it inarguably among the best forex traders around that you can get.

It has managed to diversify in its operations and this can be seen in the bold move the company took in the integration of crypto accounts. This was in a bid to take advantage of the ever-growing cryptocurrency sector. With this, it has also managed to get a lot of clients coming in droves seeking its services.

Weltrade does its best to ensure all its clients are satisfied with their product. A glance at Weltrade customer comments and review shows that has managed to do this perfectly. Among the notable area are in customer care where its customer care personnel work round the clock to ensure that its clients are served well and all their queries answered and solved.

The company is well regulated and has met all the set laws in all its areas of operation. Among the licenses it has under its possession include:

  • A license by the Belizean international finance services commission (IFSC).

The company has put across the following measures to ensure that clients’ funds are retained safe.

  • Segregation of customers’ funds by putting it in different accounts from the company’s operating funds.
  • Using credible banks to store such funds.

Trading Conditions

Minimum Initial Deposit

Its minimum initial deposit is $25 which will serve as your initial capital in the execution of trades.

Commissions

No commissions are charged at all save for crypto accounts where it is set at 1.5*

Execution

Weltrade features the market type of execution on its trades.

Interests

The accounts attract an interest rate at 12% per year

Trading Platforms

Weltrade uses among the most advanced trading platforms to make its clients’ experience rewarding. These programs create the trading experience quite straightforward and fun as a result of their various capabilities. The trading programs would be the Meta Trader 4 and also the Meta trader 5.

The Meta Trader 4 Platform

The Meta Trader 4 stage is a stage from Metaquotes which arrive with excellent attributes that enhance the trading experience. One of its attributes include:

  • Has over 50 in Built tools and indexes
  • Allows for automatic trading
  • Has excellent analytic and drawing instruments
  • Enables the backup trading theory
  • It is harmonious I-OS, android, and also windows cellular apparatus in Addition to the background variant

The Meta Trader 5 Platform

Meta Trader 5 stage is now your newest stage variant too from Metaquotes. One of its many attributes are:

  • It includes innovative applications in charting and evaluation
  • Allows for automatic trading
  • Allows for hedging and scalping
  • It Works with both android, ios, windows plus the background

Promotions

The following would be the promotions which are running under the Weltrade’s site.

  • The trading competitions for crypto accounts mended deposits of 400.
  • The crypto Retailer 2018 in which you trade on cryptocurrencies you still stand a chance of having an iPhone x-ray
  • Get a deposit bonus on building a deposit.
  • The no-commission deposit.

Withdrawals And Deposits

Withdrawals and deposits are simple to handle and will be achieved through the countless payment stations from Neteller, MasterCard, maestro, and visa amongst others. The trades are instantaneous anyhow the example of bank transfers that might use upto 4 business days. Withdrawals may possibly draw in just a tiny charge.

Briefly about Weltrade

Weltrade is being among the very rewarding forex traders which you may ever find. Their services are equally topnotch plus it’s actually a recommendable site for any trader that needs to get in the forex market or perhaps for experienced forex traders.