WELTRADE
Total reviews 41
No complaints yet
3.7
The company offers traders round the clock quality service and individual approach to each client.
Forex broker
Official website
Social network
Date of foundation
1970
Head Office
Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines
Company owner
Systemgates Ltd.
Types of support
[email protected]ChatCallback from the websiteFeedback form on the site
Phone Support
Languages
Russian, English, Spanish, Chinese, Vietnamese, Malaysian, Thai, Indonesian
Terminals
MetaTrader 4, MetaTrader 5, WebTrader, MetaTrader 4 MultiTerminal
Min. first deposit
From 25 USD
Brokerage commission
1.5 pips on ZuluTrade account and 0.5% once at the moment of transaction opening on Crypto account
Lot size
From 0.01
Maximum open positions
No restrictions
Bonuses
From 25 to 100 USDReceive
Bonus Promo Codes: eto-bonus - $25 on deposit from $25; Bonus50 - $50 on deposit from $50; CRYPTO - $100 on deposit from $100
Until 1000 USDReceive
Bonus Astrocards
Until 100 %Receive
With each deposit of 200 USD/EUR and more, the client receives an additional bonus of 100% on the deposit amount
Until 15000 USDReceive
Cash Puzzle game with daily prizes
From 5 to 1000 USDReceive
Participant of the game Spinner receives spins the drum after each deposit
Leverage
Until 1:1000
Spreads
Floating, from 0 points
Free demo account
Adjustable
Yes
Regulators
IFSCIFSC/60/350/TS/17
Types of accounts
Margin call / Stop out
from 20%/from 10%
Transaction volume
0,01
Peculiarities of trade
Automated trading, copying trades
Order execution
Market Execution (at market price)
Methods of replenishment
Neteller, Perfect Money, Qiwi, Skrill, Wallet One, Webmoney, Alpha-Click, Cryptocurrencies, PrivatBank, Promsvyazbank, Sberbank Online, Yandex.Money, Bank card (Visa/MC)
Withdrawal methods
Neteller, Perfect Money, Qiwi, Skrill, Wallet One, Webmoney, Wire transfer, Cryptocurrencies, PrivatBank, Bank card (Visa/MC)
Number of assets
70+
Types of assets
Forex Instruments
Metals
Products
Cryptocurrency
Account Currencies
EUR, USD
Liquidity providers
LMAX Exchange, TOPFX
Mobile apps
There are mobile apps (iOS / Android)
Weekend trading
Yes
Tournaments/competitions
Contest on Crypto accounts with fixed deposit $400 and double prize fund
Trader training
Online trainings and seminars
Contract Difference Commission
Yes
Swaps
Yes
PAMM trading
No
Analytics
News, forecasts, economic calendar, etc.
Margin trading
Yes
Affiliate Program
Registration6 affiliate program options with rewards up to 300 lots
Advantages
Advantageous spreads on assets
Various bonuses and promotions
Affiliate Program
Accounts for any level of trader
Simplicity and ease of earning
Prompt technical support
Disadvantages
No license information
Company requisites
Date of update
February 21, 2023
Overall assessment
8.3/10
    Address
    Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines

    WELTRADE is this a scam? Review and Reviews

    Published: 22 May 2018 Updated: 21 February 2023

    From the history of WELTRADE, it is among the most experienced Forex brokers in financial market. It has a portfolio of a healthy body of tools behind, for easy and comfortable trading.

    The popularity among traders and their acceptance the company became due to its own track record and a number of unique cooperation terms. However, the company doesn’t rest on its laurels and keeps its active growth, creating new opportunities for its customers.

    Bonuses

    The company introduces a flexible bonus system. So the bonus of $10 may be received without depositing own funds. And depositing $25 to the account you get the bonus of $50 credited.

    Depositing $200 and more the trader gets an extra credit bonus of 100% of deposited sum. Which means the deposit actually doubles.

    Deposits and withdrawal

    Apparently the withdrawal speed of 30 minutes declared by broker is the case. There are no comments found on the topic related forums in Internet, which would prove the significant violation of mentioned terms by broker’s fault.

    Complaints and negative references

    Be weird if the broker didn’t get any negative feedback for 11 business years in over 18 countries of the world. There is the negative, to a certain extent. But we considered that the criticism is both of objective (relating to certain facts) and not objective (Weltrade is a scam, Forex scam lottery) nature.

    The prejudiced critics wasn’t considered by us because of no verifiable data as they are. The objective cases were selectively analyzed. The analysis showed that the majority of claims was resolved in favor of traders.

    WELTRADE broker regulator

    In 2015 the broker got a license of the financial regulator IFSC/60/350/TS/15-16. Apart from this, in May 2017 Weltrade became a license of the National bank of Belarus.

    Is WELTRADE a scam?

    As we are all aware, if a company executes the scam, such facts immediately come out and become apparent to public opinion. Then the scam initiator has to close the company and establish a new one to turn over a «fresh leaf».

    The WELTRADE broker has been operating in the market for over 11 years already, which emphasizes that there is no gamesmanship in its business.

    Summary statement

    The company earning capacity depends on efficiency of its traders. The more effective is the trader, the more deals he is ready to make, the higher is the company income. If the trader isn’t effective, he may stop Forex trading at all, which will result the decrease of the company earning capacity. That’s why WELTRADE puts put considerable efforts for the quality traders training, on the regular basis publishes analytical reviews, delivers webinars and trainings.

    One feature of the broker is the implementation of the trading account «CRYPTO», allowing to operate with a wide range of cryptocurrencies, including Bitcoin, Etherium, Monero, Ripple, Dash, Zcash. Due to high volatility of cryptoassets the WELTRADE traders have the chance to get the considerable income in the short term (are cryptocurrencies a scam?).

    Summary

    The WELTRADE broker is a quite old (over 11 years) and proven broker in the financial market, with large numbers of traders (over 100.000). Most likely, the significant amount of users is due to the high quality support service and custom-tailored attitude.

    Trading instruments and assets
    72%
    Withdrawal speed
    76%
    Brokerage commission
    73%
    Technical support
    78%
    3.7

    Reviews

      WELTRADE reviews

      41
      Add review
      • In ascending order of rating
      • In descending order of rating
      • New ones first
      • First the old ones
      • Popular ones first
    • 1
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      Terrible

      Terrible. they say they have lowered the spread but what they don’t tell you is 30-60 mins before session closes they will increase over 5x more than their average (which is already bad btw). you might think i’m just crying because i lost money…that’s not the case. I will give you example:GBPUSD average… Read more

    • 2
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      40%
      Withdrawal speed
      40%
      Brokerage commission
      40%
      Technical support
      40%
      The only way to get all your money back

      Traders who have been scammed before,my advise out there is for you to be wise before you invest in any binary option trade or broker,i was scammed $120000USD by online broker but at last i found someone who help me to recover all my lost funds back from a scam that shocked my capital with an unregulated… Read more

    • 1
      Rate your review 0
      0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      Broker refuses to withdraw funds

      On April 28, 2022 I wanted to withdraw funds from the investor account. The broker said that withdrawal is not available in your region. I am from Belarus, all the payment systems work for us. It seems that the broker is bankrupt – write applications who deposited from the card to Chargeback before it… Read more

      Positive
      • No longer there
      Minuses
      • Refusal to withdraw funds
    • 5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      Best ecn broker

      There 30 minutes withdrawal system was amazing I am happy client from 2014 I have got many withdrawals to skrill immediately I recommend beginners to use there micro account

      Positive
      • 30 minutes withdrawal
      Minuses
      • Non
    • 1
      Rate your review 2
      +2
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      Does not return funds

      Under the pretext of supporting Ukraine, blocked the funds of ordinary citizens of Russia. Beware, the broker is politicized!!!

    • 4.5
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      Initial acquaintance with the company Welltrade began...

      Initial acquaintance with the company Welltrade began with the launch of cryptocurrency back in 2018. For me it was with MT, as well as the opportunity provided by the broker to trade cryptocurrencies, that became comfortable conditions for me. I can buy and sell without such exorbitant margin as on… Read more

    • 4.5
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      I have been working with the company...

      I have been working with the company for more than half a year, and I have never regretted working with them. Because it is the most contractual, honest and polite broker. They are always happy to help as far as advice is concerned. I never had any problem getting through to them, they always answer… Read more

    • 1
      Rate your review 0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      WELTRADE started lying from the very beginning..

      WELTRADE started lying from the very beginning… I wanted to take part in the last demo contest… I read a condition on a conclusion of profit from use of bonus and Reward means. and there it is written. 21.3.7. At transfer or a conclusion of any sum from the trading account, the bonus is written off…… Read more

    • 4.8
      Rate your review 0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      I have been cooperating with the broker...

      I have been cooperating with the broker for a long time. I am very happy with the conditions, especially with cent accounts. The big plus for me is the support and the possibility of personal communication. My account

    • 3.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      60%
      Technical support
      60%
      You can write whatever you want in...

      You can write whatever you want in the reviews, but negative reviews are not removed, because the broker knows, he works honestly decently. I have been trading through Veltrade for about two years, there is a micro account, which is a big plus for beginners.

    • 1.8
      Rate your review 0
      +1
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      40%
      Brokerage commission
      20%
      Technical support
      20%
      They are blocked because they are crooks!

      They are blocked because they are crooks! And one place burns that the broker figured them out and they write all kinds of nonsense. Calm down guys, learn to earn money honestly and there won’t be any problems then

    • 3.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      60%
      I do not know what others say...

      I do not know what others say there and who has what situations, but I like them, I withdrew my first income in 2 weeks, my account was not blocked, everything is great. Keep up the good work.

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      60%
      Technical support
      80%
      I read the reviews and was very...

      I read the reviews and was very surprised. I work with the company recently, but I haven’t seen anything like delayed withdrawals, blocked accounts, lack of communication with technical support. I never met any delays in withdrawals, blocked accounts or lack of communication with technical support. I… Read more

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      This is not a broker, they don't...

      This is not a broker, they don’t have a license in any jurisdiction, they cheat clients out of money, and then they write reviews like they have been working with them for years. The company is from Ukraine. A couple of weeks ago they blocked my account right after my withdrawal request – of course now… Read more

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      100%
      I have been working with the company...

      I have been working with the company for more than 2 years now. I have been working with the company for two years now and everything is OK so far. (The markets have shaken, and for a trader the best conditions to earn is the crisis))

      • F Dima 31 March 2020 in 13:44
        Rate your response 0
        0

        Ha ha. You work in the “support service” of this Ukrainian group.

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      I have to say nothing about the...

      I have to say nothing about the enormous spreads, wild swaps, and lack of adequate consultants. I don’t even need to talk about huge spreads, wild swaps and lack of adequate consultants.

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      100%
      Very high medium, the withdrawal lasts more...

      Very high medium, the withdrawal lasts more than 3 days, or refuse at all under various pretexts. I do not advise it. Do not withstand any competition.

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      60%
      Brokerage commission
      60%
      Technical support
      100%
      The quality of the face is blurred

      The quality of the face is blurred, then you can see the digits. At first they dragged out the verification, then the mockery began – give them a photo with a passport and all kinds of papers, then the quality is wrong, then the face is blurred, then the digits are not visible. In short, the photos… Read more

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      60%
      Technical support
      100%
      I trade through forex brokers for a...

      I trade through forex brokers for a very long time since 2013 I tried different brokers, both good and bad, but stopped at weltrade brokerage Company weltrade.com provides excellent trading conditions, provides many tools for trading, including cryptocurrency. Very good tech support Always happy to help… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      Just started work, so far all is...

      Just started work, so far all is happy, support is at the highest level

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      60%
      I am handicapped and can do nothing...

      I am handicapped and can do nothing but work on Forex. Welltrade was a ray of light in my dark life almost 10 years ago and makes me very happy. Different bonuses and contests let me know that I live and work and even earn money for my medicine the friendliness and responsiveness of the employees is… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      I started trading on WELTRADE in January...

      I started trading on WELTRADE in January of this year, I got $25 bonus when I opened my account;

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      80%
      I fell for the advertisement, started trading...

      I fell for the advertisement, started trading there at first, traded 1,000 in a couple of months, decided to withdraw…
      And they blocked my deposit… I was really disappointed. I had my money for a long time… I had to get my money back with the help of lawyers. This site is ldprof.ru Now I trade… Read more

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      60%
      The company has no commission, although they...

      The company has no commission, although they do not have much advertising. The manager helped with the issue. And in general the company helps a lot.

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      I have been cooperating with the company...

      I have been cooperating with the company for more than 6 years, there have never been any problems, the employees meet me when there is a dispute… If only all brokers worked like that, there would be less disappointment.

    • 3.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      100%
      I have been trading with the Welltrade...

      I have been trading with the Welltrade broker for many years now. I have not had any problems or complaints from the broker for all the time I have been trading. Good trading conditions, user-friendly website and excellent technical support. I have never had any problems with their trading. Withdrawal… Read more

    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      SO WHERE'S MY HONEST REVIEW...

      SO WHERE’S MY HONEST REVIEW

    • 4.3
      Rate your review 0
      +1
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      100%
      Do not be fooled by beautiful advertising...

      Do not be fooled by beautiful advertising reviews positive written by the DC workers themselves under different names
      1) They do not have the NBRB license
      2) different registration addresses that here and on their official site
      3) they do not withdraw money
      They react on XAU/USD 27.09.2019 on the 1-minute… Read more

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      60%
      Technical support
      100%
      I want to share my opinion about...

      I want to share my opinion about the broker, Weltrade. I have known this company for a long time, for 4 years. But I only started to cooperate with it this year, 2019. The company gives me a lot of positive emotions. That’s why this review is positive. I will not carry out a comparative analysis in this… Read more

      • be nj Sergey Yakovenko 14 January 2021 in 17:25
        Rate your response 0
        0

        Don’t whistle… read the murky terms and conditions about real cash prizes…))))

    • 3.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      60%
      I am writing a review of the...

      I am writing a review of the company, I have been working with the company for a long time, I can’t remember the time, more than a year, maybe even about two years. Immediately clarify my last account and upload a screen from the cabinet https://prnt.sc/n942x3. The situation is as it is, while open trades… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      100%
      I used to trade there on yexnes

      I used to trade there on yexnes. Recently they improved execution and lowered spreads which is very encouraging

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      As many traders as there are opinions

      As many traders as there are opinions, as long as I trade I see the same story when a trader earns with a broker and everything is great, when he loses his funds and God forbid the investors, everyone around is bad, But I can say that no matter how much I earned, and I had tens of thousands of dollars… Read more

      • OLEG Neonila 20 July 2020 in 21:55
        Rate your response 0
        0

        They are hunting for stops, only not them but the plugin. I’ve been trading with them for many years and it would always trigger a stop, and then I decided to trade differently and stopped putting stops. But I increased the deposit and began to open an order with a small lot to be able to sit out the drawdown went into deficit, but after a few days anyway, then closed in the plus. Then they called from Beltrade and said why not open deals enough.

      • be nj Neonila 14 January 2021 in 17:27
        Rate your response 0
        0

        I haven’t even started trading yet and I’ve already stepped in the shit with your idols at the contest stage ….))))

    • 3.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      80%
      I was their client since September 2017

      I was their client since September 2017, my account was verified, I traded small amounts.
      On 22.03. 2019, at 17:55 I received a letter to my mail with a notice of termination of my contract with weltrade due to alleged fraudulent actions, and that my account will be blocked by Monday evening. On 25.03… Read more

    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      I see the bots came after my...

      I see the bots came after my review, and the scandalous ones in a minute each. But that is not the point. The company withdrew the money, and every penny of it. I have no claims!

    • 3.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      60%
      Technical support
      60%
      I have been trading on the platform...

      I have been trading on the platform since last year, so far I am satisfied, funds are withdrawn quickly

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      60%
      Technical support
      100%
      I have been trading on WELTRADE since...

      I have been trading on WELTRADE since January of this year.

    • 3.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      100%
      I like the platform, it is convenient...

      I like the platform, it is convenient to trade, I have withdrawn funds several times without any problems

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      60%
      I trade with WELTRADE recently, they withdraw...

      I trade with WELTRADE recently, they withdraw money quickly, so far I am satisfied.

    • 3.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      60%
      Brokerage commission
      60%
      Technical support
      100%
      They withdraw quickly up to 15 minutes

      They withdraw quickly up to 15 minutes. was in their office, helped with the registration of my signal on the zulu.

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      60%
      Brokerage commission
      60%
      Technical support
      100%
      There are about 1900 dollars in the...

      There are about 1900 dollars in the cabinet. The cabinet is blocked, there is no access to the account. Support every day says wait, do not explain anything thick. Trading account: 481152.

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      60%
      Technical support
      100%
      For all the time I've worked with...

      For all the time I’ve worked with Expertoption I’ve had only positive impressions. The platform is comfortable, and the profits are not bad at all.

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