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Weltrade Review 2026

Logo WELTRADE
Top Brokers Overview — United States
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8.8 /10
Highly trusted
How we tested WELTRADE

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

WELTRADE Pros & Cons

  • beneficial trading conditions;
  • a wide range of financial instruments for trading: currency pairs, indices, stocks, goods, cryptocurrencies;
  • ability to open different types of accounts, depending on clients’ goals and expertise;
  • individual account for cryptocurrency trading;
  • several methods to deposit and withdraw funds from trading accounts;
  • regular promotions and contests for traders.
  • lack of PAMM investing;
  • low leverage for cryptocurrencies;
  • third-level regulation.

Weltrade is an international broker. It has been in operation since 2006 and serves over 1,000,000 registered traders and 40,000 partners in more than 40 countries. The Company provides a full range of active trading services and also supports auto-trading. Weltrade has repeatedly proven its responsibility and professionalism. In 2024 the company was recognized as the Best Forex Broker Latam and in 2023 won the “Best Forex Broker” (Asia) award.

TU Expert Verdict

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

I can confidently recommend WELTRADE — it is a highly trusted company that I have personally tested and verified. Its trading conditions and user feedback show that most traders are satisfied, and my own experience confirms its solid and consistently reliable performance.

WELTRADE provides access to trading Forex, metals, commodities, stock CFDs, indices, and cryptocurrencies through MT4 and MT5, offering Standard, Micro, Pro, Swap Free, and SyntX accounts with minimum deposits starting at $1. The broker is regulated by South Africa’s FSCA as a Tier-2 authority and the St. Vincent and the Grenadines FSA at the Tier-3 level. Notable features include negative balance protection, leverage up to 1:1000 or higher on certain accounts, a free VPS, and support for copy trading. Customers can use bank cards, bank wires, Skrill, Neteller, BTC, USDT, and Ethereum for deposits and withdrawals.

Notable drawbacks include above-average Forex trading fees, the absence of ECN or Raw Spread accounts, moderate withdrawal fees, the lack of PAMM investing, and problems with slow, limited customer support. WELTRADE may suit traders seeking low minimum deposits, a variety of account types, and the security of formal regulation, but more demanding traders who seek the lowest costs or advanced platform options may find its offering less competitive.

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WELTRADE User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company. To learn more about how the User Satisfaction score is calculated and how we apply the Customer Satisfaction Score (CSAT) methodology, please read the assessment criteria.
7.6 /10
71 total
  • 5-star
    38%
  • 4-star
    10%
  • 3-star
    48%
  • 2-star
    1%
  • 1-star
    3%
1024 users picked this broker
users picked this company in 3 months
Geraldine Sebetso
1 year ago

I have been trading on WELTRADE for two months, I chose a Premium account - there the minimum deposit is $25. I was very pleased with the speed of order execution (Market Execution), no delays, no requotes. On average, spreads on majors are kept at the level of 1 point, and there is no commission. The broker works with crypto and shares, it is convenient for diversification. During the test I have already withdrawn 70 dollars.

На WELTRADE торгую второй месяц, выбрал Premium счет — там минимальный депозит $25. Очень порадовала скорость исполнения ордеров (Market Execution), задержек нет, реквот не замечал. В среднем спреды по мажорам держатся на уровне 1 пункта, а комиссия отсутствует. Брокер работает с криптой и акциями, это удобно для диверсификации. За время теста вывел уже 70 долларов.

AlSafaMurtala
1 year ago

I came across WELTRADE while looking for a broker with a wide range of trading instruments — they truly offer over 50 currency pairs, plus metals, crypto, CFDs on stocks, and commodities. The minimum deposit for a Micro account is just $1, so I decided to test the platform with minimal risk. After three weeks of trading, I managed to earn a little over $30 on the EUR/USD pair. I really liked the floating spread, which ranges from 0.2 to 2.9 pips — even during news releases, the widening isn’t as extreme as I’ve seen with previous brokers.

Meedooalii2000
1 year ago

I first heard about WELTRADE in a review on YouTube, where a trader talked about comparing different types of accounts. I started with Micro, deposited $10 - convenient for practicing strategies and testing Expert Advisors. Bonus promotions are frequent, though with conditions. It is important that the withdrawal is really fast: the application to Webmoney was processed in half an hour. The rating is a solid "four" for the transparency of conditions.

О WELTRADE впервые услышала в обзоре на YouTube, где трейдер рассказывал о сравнении разных типов счетов. Стартовала с Micro, внесла $10 — удобно для отработки стратегий и теста советников. Бонусные акции встречаются часто, хотя и с условиями. Важно, что вывод действительно быстрый: заявку на Webmoney обработали за полчаса. Оценка — твёрдая «четвёрка» за прозрачность условий.

  • Commissions and Fees

    Score:
    We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
    5 /10

    The trading and non-trading commissions of WELTRADE have been analyzed and rated as having Medium fees, with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

    • No inactivity fee
    • No deposit fee
    • Above-average Forex trading fees
    • No ECN/Raw Spread account

    Trading Fees and Spread

    Below, we evaluated and compared the trading commissions of WELTRADE with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

    Standard Account Spread

    For Standard accounts, WELTRADE’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

    WELTRADE Standard spreads
    WELTRADE OANDA FOREX.com
    EUR/USD min, pips 0.5 0.1 0.7
    EUR/USD max, pips 0.9 0.5 1.2
    GPB/USD min, pips 0.5 0.1 0.9
    GPB/USD max, pips 1.0 0.5 1.4

    Does WELTRADE support RAW/ECN accounts?

    As we discovered, WELTRADE does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

    Non-Trading Fees

    We conducted a detailed analysis of the non-trading fees associated with WELTRADE. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

    WELTRADE Non-Trading Fees
    WELTRADE OANDA FOREX.com
    Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0.5-2 0 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 3 0-15 0
    Inactivity fee ($, per month) 0 0 15

  • Is WELTRADE Safe?

    Score:
    We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
    7 /10

    WELTRADE has a safety score of 7/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

    • Is regulated
    • Negative balance protection
    • Track record over 20 years
    • Not tier-1 regulated
    WELTRADE Regulators and Investor Protection
    FSCA SAFSCA SA Full Name Financial Sector Conduct Authority of South Africa Country of regulation South Africa Investor Protection Fund No specific fund Regulation Level Tier-2
    SVG FSASVG FSA Full Name Financial Services Authority of St. Vincent and the Grenadines Country of regulation St. Vincent and the Grenadines Investor Protection Fund No specific fund Regulation Level Tier-3
    WELTRADE Security Factors
    Foundation date 2006
    Negative balance protection
    Yes
    Verification (KYC)
    Yes

  • Account Types

    Score:
    We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.
    7.2 /10

    WELTRADE offers the following account options: Demo, Standard, Micro, Swap Free.

    However, WELTRADE does not provide a Standard account, which can be a drawback for traders who prefer classic spread-based pricing models.

    • Standard account with balanced trading conditions
    • Low minimum deposit
    • Swap Free (Islamic) account
    • No Cent account
    • No ECN/Raw spread account
    WELTRADE account types vs top competitors
    WELTRADE Plus500 OANDA
    Standard
    Yes
    Yes
    Yes
    ECN/Raw spread
    No
    No
    Yes
    Demo
    Yes
    Yes
    Yes
    Cent
    No
    No
    No
    Micro
    Yes
    No
    Yes
    Swap Free
    Yes
    No
    Yes
    VIP
    No
    No
    No
    Managed
    No
    No
    No

    WELTRADE accounts trading conditions

    Weltrade offers to open a few types of accounts depending on the trader’s needs and qualifications. They difference among them are the sizes of their minimum deposit, spread, and leverage.

    Types of accounts:

    Account Type Description
    Micro is a cent account good for novice traders. It is intended for trading in gold, silver, and currency pairs. The minimum deposit is $1. The leverage is 1:1000. Spreads are from 1.5 pip;
    Premium is a standard account with a minimum deposit of $25. Available when trading metals, currencies, and goods. An account with floating spreads from 1.5 pips. The leverage is up to 1:1000;
    Pro is an account with STP technology for professionals. The floating spreads are from 0.5 pips. The leverage is from 1:1 to 1:1000;
    SyntX The minimum deposit is $1. Floating spreads are from 0 pips. The leverage is 1:10000.

    You can get information about the broker's capabilities and platform functionality by using its free demo account, before opening the main account.

  • Deposit and Withdrawal

    Score:
    This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
    6.8 /10

    WELTRADE received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

    WELTRADE provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

    • Bank card deposits and withdrawals
    • Bitcoin (BTC) accepted
    • No deposit fee
    • Bank wire transfers available
    • Wise not supported
    • Only major base currencies available
    • Withdrawal fee applies

    What are WELTRADE deposit and withdrawal options?

    WELTRADE provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT, Ethereum.

    WELTRADE Deposit and Withdrawal Methods vs Competitors
    WELTRADE Plus500 OANDA
    Bank Wire
    Yes
    Yes
    Yes
    Bank card
    Yes
    Yes
    Yes
    PayPal
    No
    Yes
    Yes
    Wise
    No
    No
    No
    BTC
    Yes
    No
    Yes

    What are WELTRADE base account currencies?

    A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. WELTRADE supports the following base account currencies: USD, EUR.

    What are WELTRADE's minimum deposit and withdrawal amounts?

    The minimum deposit on WELTRADE is $1, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact WELTRADE’s support team.

  • Markets and Tradable Assets

    Score:
    The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria
    6.8 /10

    WELTRADE offers a limited selection of trading assets compared to the market average. The platform supports 266 assets in total, including 37 Forex pairs.

    • Crypto trading
    • Copy trading platform
    • Indices trading
    • Futures not available
    • Bonds not available

    Supported markets vs top competitors

    We have compared the range of assets and markets supported by WELTRADE with its competitors, making it easier for you to find the perfect fit.

    WELTRADE Plus500 OANDA
    Currency pairs 37 60 68
    Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 266 2800 129
    Stocks
    Yes
    Yes
    Yes
    Commodity futures
    Yes
    Yes
    Yes
    Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
    Yes
    Yes
    Yes
    Stock indices
    Yes
    Yes
    Yes
    Options
    No
    Yes
    No

    Investment options

    We also explored the trading assets and products WELTRADE offers for beginner traders and investors who prefer not to engage in active trading.

    WELTRADE Plus500 OANDA
    Bonds
    No
    No
    Yes
    ETFs
    No
    Yes
    No
    Copy trading
    Yes
    No
    Yes
    PAMM investing
    No
    No
    No
    Managed accounts
    No
    No
    No

  • Trading Account Opening

    Score:
    We evaluated Trading Account Opening at WELTRADE by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.
    9 /10

    We successfully registered an account with WELTRADE in 5 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at WELTRADE is $1. This is one of the most accessible and hassle-free onboarding procedures on the market.

    • Fast registration time (up to 15 minutes)
    • Low minimum deposit requirement
    • Fully online account opening process
    • Account approval may require extra time depending on the documentation.
    WELTRADE account opening
    WELTRADE Plus500 OANDA
    Online Registration
    Yes
    Yes
    Yes
    Minimum deposit $1 $100 $0
    Mandatory KYC
    Yes
    Yes
    Yes
    Registration time (min) 5 10
    KYC time (days) 2 3 3

    Is WELTRADE available in my country?

    If you are a citizen of United States, the broker accepts clients from your country.

    Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

    Account opening details

    To start trading on the Forex market through the Weltrade broker and to save on the spread using Traders Union, you must follow these steps:

    • Click the “Register” button on the main page of the broker’s website. Indicate your surname, first name, e-mail, country of residence, and telephone. Enter the 4-digit code, sent to your email.

    • Log in to the system. Enter the email specified during registration, as well as the password that came to your email.

    • The following sections are available in your Weltrade account that allows you to:

      • Open the trading account.
      • Download the trading platform and replenish your balance.
      • Withdraw funds and replenish the Safebox.
      • Participate in promotions.

  • Trading platforms & tools

    Score:
    This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria
    7.8 /10

    WELTRADE received a score of 7.8/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.

    • Free VPS for uninterrupted trading
    • API access for automated trading
    • MetaTrader is available
    • One-click trading
    • No TradingView integration
    • Strategy (EA) Builder is not available
    • No access to a proprietary platform

    Supported trading platforms

    WELTRADE supports the following trading platforms: MT4, MT5. This selection covers the basic needs of most retail traders. We also compared WELTRADE’s platform availability with that of top competitors to assess its relative market position.

    WELTRADE Plus500 OANDA
    MT4
    Yes
    No
    Yes
    MT5
    Yes
    No
    Yes
    cTrader
    No
    No
    No
    TradingView
    No
    Yes
    Yes
    Proprietary platform
    No
    Yes
    Yes
    NinjaTrader
    No
    No
    No
    WebTrader
    No
    Yes
    Yes

    Key WELTRADE’s trading platform features

    We also evaluated whether WELTRADE offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

    Supported features
    2FA
    Yes
    Alerts
    Yes
    Trading bots (EAs)
    Yes
    One-click trading
    Yes
    Scalping
    Yes
    Supported indicators 68
    Tradable assets 266

    Additional trading tools

    WELTRADE offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

    WELTRADE trading tools vs competitors
    WELTRADE Plus500 OANDA
    Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.
    No
    No
    No
    API
    Yes
    No
    Yes
    Free VPS
    Yes
    No
    Yes
    Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.
    No
    No
    Yes
    Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.
    No
    No
    Yes

  • Mobile Apps

    Score:
    This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria
    8 /10

    WELTRADE supports mobile trading, offering dedicated apps for both iOS and Android. WELTRADE received 8/10 in this section, reflecting strong user engagement and well-developed functionality. High ratings, solid download numbers, and the presence of advanced mobile features contributed to the high score.

    • Indicators supported
    • Strong Android user ratings, currently at 4.9/5
    • Solid iOS user feedback, with a rating of 4.5/5
    • Fewer charting tools

    We compared WELTRADE with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

    WELTRADE Plus500 OANDA
    Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 500,000 10,000,000 1,000,000
    App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 4.5 4.7 4.8
    Google Play score 4.9 4.4 3.4
    Mob. 2FA
    Yes
    Yes
    Yes
    Mob. Indicators
    Yes
    Yes
    Yes
    Mob. Alerts
    Yes
    Yes
    Yes

  • Customer Support

    Score:
    We evaluated Customer Support at WELTRADE by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria
    4 /10

    The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

    In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

    Information

    Weltrade’s Customer Support staff responds to customer questions on a 24/7 basis. The financial department also works 24/7.

    • Online chat
    • Phone support
    • Support is available in 13 languages
    • No chats in social networks

    Customers can contact Weltrade specialists in several ways:

    • by phone, as indicated on the site;
    • request a call back;
    • online chat on the website;
    • via the feedback form.
    Contacts
    Foundation date 2006
    Registration address Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines
    Regulation FSCA, SVG FSA
    Official site weltrade.com
    Contacts info@weltrade.com +44-20-34116458

Best WELTRADE Alternatives

Plus500
Logo Plus500
Plus500
7.7 /10
Regulation Tier-1
EUR/USD 0.5 pips
OANDA
Logo OANDA
OANDA
7.2 /10
Regulation Tier-1
EUR/USD 0.1 pips
Trading.com USA
Logo Trading.com USA
Trading.com USA
6.2 /10
Regulation Tier-1
EUR/USD 0.9 pips
FOREX.com
Logo FOREX.com
FOREX.com
7.1 /10
Regulation Tier-1
EUR/USD 0.7 pips
IG Markets
Logo IG Markets
IG Markets
7 /10
Regulation Tier-1
EUR/USD 0.6 pips

FAQs

How high are WELTRADE trading commissions and non-trading fees?

WELTRADE’s overall fee level is rated as medium, with a commissions and fees score of 5/10. Forex trading fees are described as above average and the broker does not offer ECN/Raw Spread accounts, while non-trading fees include no inactivity or deposit fees but withdrawal fees of about 0.5–2% or around $3, depending on the method.

What types of trading accounts does WELTRADE offer and how do they differ?

WELTRADE provides Demo, Standard (Premium), Micro, Pro, Swap Free, and SyntX accounts, but does not offer Cent, VIP, or managed accounts according to the review. The accounts differ mainly in minimum deposit (from $1 to $25), leverage (up to 1:1000 or 1:10000 for SyntX), and spreads, which start from 1.5 pips on Micro and Premium, 0.5 pips on Pro, and 0 pips on SyntX.

What do user reviews say about WELTRADE overall?

WELTRADE has a user satisfaction score of 7.6/10 based on 70 reviews, with 39% 5-star, 10% 4-star, 47% 3-star, 1% 2-star, and 3% 1-star ratings. According to user reviews, the overall impression is mixed, with a significant share of mid-range (3-star) evaluations alongside positive and negative opinions.

What deposit and withdrawal options and limits does WELTRADE provide?

WELTRADE supports deposits and withdrawals via bank cards, bank wire, Skrill, Neteller, BTC, USDT, and Ethereum, but does not support PayPal or Wise, and charges withdrawal fees. The minimum deposit and withdrawal amounts are both $1, though the review notes these thresholds may vary by account type and payment method.

What feedback is there on WELTRADE mobile apps and their main features?

WELTRADE’s mobile apps for iOS and Android are described as well-developed, with about 500,000 total downloads, a 4.5 rating in the App Store, and a 4.9 rating on Google Play. The apps support indicators, trading alerts, and mobile two-factor authentication, although the review notes there are fewer charting tools compared with some alternatives.

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