Weltrade Review 2021

Weltrade Review 2021

Davis J.
Robertson A.
March 2021
Analysis of the Main Features of the Forex Broker

6.5

Overall rating

6.5

/10

Execution of orders

6.3

/10

Investment instruments

6.2

/10

Withdrawal speed

6.5

/10

Customer Support work

6.7

/10

Variety of instruments

6.8

/10

Trading platform

31

Position
in rating

Trading terminals:

WebTrader MetaTrader4
MetaTrader5
31

Position in rating

6.5/10
Overall rating

Trading terminals:

WebTrader MetaTrader4
MetaTrader5

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of WELTRADE Trading Company

Weltrade is an international broker. It has been in operation since 2006 and has offices in 18 countries that serve over 100,000 traders worldwide. The Company provides a full range of active trading services and also supports auto-trading. Weltrade has repeatedly proven its responsibility and professionalism. According to the 2019 Asia Forex Expo, the company received the “Best Foreign Broker” award; and in 2017, it was awarded the “Broker with the Best Client Support” title. In 2015, the Weltrade broker won the "Best Affiliate Program” nomination.

Attention!

We work exclusively with the accounts opened through Traders Union.

👍 Advantages of trading with WELTRADE:

  • 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;
  • several services for successful traders’ transactions, such as copying; ZuluTrade & MQL5, as well as access to robots and ready indices;
  • regular promotions and contests for traders.

👎 Disadvantages of WELTRADE:

  • the minimum deposit is $25;
  • no PAMM investments;
  • withdrawals can take up to 30 minutes.

Overall

Weltrade is a broker with working conditions suitable for both novice and professionals traders. The Company specializes in active trading services. It offers copying and algorithmic trading services for passive earnings.

Visit WELTRADE

Weltrade Latest Comments for 2021

12
0
3

The reviews by customers of the WELTRADE indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of WELTRADE published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I have been working with Weltrade for about six months and now I am testing the robot. There were no hiccups and the robot works well. I withdraw funds once a month, everything seems to be going smoothly. I plan to increase my deposits. Technical support works well as they have competent managers who are always in touch and ready to help at any time. They work 24/7, including Saturday and Sunday, and the tech manager will return your call. I like that you can quickly withdraw your profits within 15-30 minutes, and it’s sent to your bank card. Sometimes the verification takes some time but it’s not a big deal. Weltrade has excellent trading conditions and Weltrade offers many trading tools, including cryptocurrency. I like it.

Weltrade is a pretty good broker. Of course, there are some things that need working on, but this generally applies to every Forex platform. I don't trade with them very intensively. I didn’t have very big profits, but at least there were no big losses either. Yes, like with everyone else, the terminal sometimes freezes up, there is also slippage. The execution of trade orders is also different: sometimes it is fast, but sometimes not so much. On the positive side, deposits are processed quickly and withdrawals can be processed using a variety of methods. I didn’t like trading on floating spreads before. This broker has both floating and fixed spreads, which is very convenient. I have opened a PAMM account. The closing of transactions is excellent. I intend to work with this broker in the future.

I like Weltrade because of its competent approach to serving its clients. Verification was performed promptly and without any problems and took no more than one working day. Technical support is helpful if you have a problem. I like the various contests from brokers and was keen to participate, but I never got around to it. But when I did, I had no regrets. I won one of the prizes. The amount was small, but it was still nice to get it! The trading terminal deserves a solid B (I would give it an A, but I still noticed some freezing up several times). One very important point for me is that the company makes concessions in the event of a dispute. The broker does not create artificial delays in the withdrawal of funds, even if it applies to a small amount.

I have been trading for four years. I test my own systems and also develop robots. I always wanted to work with Weltrade, but it was a little annoying that this broker was somewhat underperforming on spreads, and because of this, I constantly get 20% percent less. The market is designed so that when we “hit the market”, we get an execution at the worst price. However, recently I received a notification from a broker that they have floating spreads running. I called technical support to verify the information, and indeed they did what they promised. Now I work with Weltrade. The company is constantly growing and improving. My automated advisors only worked for a week and began to work 5-7 percent better without losing performance. It’s a definite plus to continue to work and earn money with Weltrade.

I have been working with Weltrade for more than three years. They always have excellent technical assistance both online and live on the phone. The most important advantage of this broker is that it makes it possible to earn money without messing around with the client. They assisted in the processing of my deposit, and they have a lot of trading tools like an affiliate program, fixed spreads, cryptocurrencies, and copying MQL5 transactions. I also liked their loyalty program but how I feel about it depends on my turnover and on how successfully I trade. The quick withdrawal of funds takes only 30 minutes and it is transferred to your bank card. The speed of withdrawal of funds is one of the most important advantages of a broker.

I have been working with Weltrade since 2015. I started trading with a $25 Micro account. There were some doubts about the quality of its services, such as slippage in order execution, withdrawals, execution speed, etc. Fortunately, the company did not disappoint me. Opening and closing a transaction takes seconds, the withdrawal of funds (I use a Webmoney wallet) takes up to 30 minutes. Slippage is one of the most insignificant problems. They frequently have promotions, programs for replenishing accounts, no deposit bonuses, and contests on demo accounts, etc. They provide high-quality video analytics, as well as training webinars by professional traders. In general, all this helps me a lot in planning a trading day. The availability of a license is the main factor when choosing a broker, and Weltrade did not let me down with this aspect either. Online chat is always fast and of high quality. They answer all your questions, which is very important for me as a trader.

Weltrade is a very good broker for me. You can see it not only from some small things but also in rather significant situations. For example, this company makes concessions if a dispute arises on closed positions; it does not create delays in the withdrawal of funds; and the terminal works quite well. Of course, there were some minor problems with the Metatrader4 terminal, but the client support quickly and efficiently eliminated them. The trader’s calculator allows me to use the calculate contract tool, which allows me to control my risks. Loyalty programs also provide several benefits for regular customers. I am satisfied and will continue to work with them.

2 3 >

Video Review of WELTRADE

Expert Review of WELTRADE

Weltrade is a broker partner of Traders Union. It is recommended for cooperation because throughout its activities the company demonstrates reliability and stability. The trading conditions are suitable for both novice and professional traders. Customers can work with various types of accounts, trading in currency pairs, metals, goods, stocks, indices, and cryptocurrencies.

The Weltrade broker is very popular among the clients of Traders Union. The Company regularly makes the TOP-15 among the best brokers according to Traders Union. Analysis of thousands of customer reviews indicated that Weltrade works honestly and provides favorable conditions and customers’ claims are resolved quickly.

A simple and informative website allows traders to work efficiently. Technical malfunctions on the platforms and on the site itself are rare.

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of the Forex Broker

6.5

Overall rating

6.5

/10

Execution of orders

6.3

/10

Investment instruments

6.2

/10

Withdrawal speed

6.5

/10

Customer Support work

6.7

/10

Variety of instruments

6.8

/10

Trading platform

Dynamics of the Popularity of WELTRADE
in 2020 among the Users of the Traders Union

Dynamics of the Popularity of WELTRADEin 2020 among the Users of the Traders Union

Investment Programs, Available Markets and Products of the Broker

Weltrade is a broker specializing in active Forex trading. There is no PAMM investment possibility. The services of transactions copying ZuluTrade and MQL5 as well as the affiliate program are the most popular services for achieving extra earnings.

ZuluTrade MQL5 are its copying services

ZuluTrade MQL5 are fully automated transaction copying platforms that don’t require any knowledge or trading experience and operate without downloading additional software. The concept with copying services is that a potential investor selects a trader and automatically copies his transactions. In the case of a successful transaction, the investor pays a predetermined commission fee from his profit to the trader. Features of auto trading with Weltrade:

  • there are no restrictions on the number of traders the investor can connect to;

  • the investor sets the size of the transaction for trading independently;

  • ability to control risks with Margin Call-0-Meter. Stops and limits are manually configured by the subscriber;

  • signals execution of selected trading systems occurs automatically; an investor does not need to monitor the market around the clock.

Weltrade customers can only become investors through ZuluTrade and MQL5 services. Signals providers are the best traders on the planet, whose rating is available on the broker's website. The investor’s personal account displays the effectiveness of transactions copying and the average monthly yield.

Important!

If you are a large investor and plan on investments over $ 10,000, contact us at [email protected] by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.

Weltrade affiliate program:

Participation in the affiliate program allows traders to get an extra income. The broker pays you a fee for attracting new customers. The profit of a partner depends on his or her status, which is calculated according to the monthly trade turnover of his or her clients. Each month the system automatically considers the turnover and assigns a new status to the partner:

  • Standard — from 0 to 149 lots;

  • Professional — from 150 to 299 lots;

  • Expert — from 300 lots and up.

The trader can participate in a three-level referral program. It allows you to earn from the trading activity of the attracted clients of the second and third levels.

Rebate and Discount Programs of the Traders Union for WELTRADE

By partnering with the Traders Union rebate service, the trader can significantly reduce their trading costs. You have to register for free on the Traders Union website to get a spread compensation. A rebate is accrued monthly after opening a real trading account with Weltrade once you start trading on the Forex exchange. The Traders Union pays compensation in the case of both successful and unsuccessful transactions.

Information

The Traders Union’s remuneration depends on the currency pair and the type of open account. For Micro and Premium accounts, the compensation from the broker is from 0.45 to 0.8 pips; for Pro it is 0.07-0.33 pips; and for ZuluTrade it is 0.6 pips for all currency pairs. The trader gets 80%.

Example. You trade 1 lot per day. One lot for EUR/USD pair is 100,000 pivot currency items. The pips cost of 1 lot is USD 10. The spread is 2 pips. If you worked directly with Weltrade, your spread costs per day would be $9. The Traders Union gets 1.5 pips ($15) per lot from the broker, and 80% goes to the trader. The amount of compensation shall be 15*0.8 = USD 12. The real trader costs working with the Traders Union shall be USD 8.

Try it!  You’ll like this!

Trading Conditions for WELTRADE Users

The trading conditions of Weltrade are ideal for both novice and professionals traders. There are different accounts, loyalty minimum deposit requirements, and a relatively large leverage. A trader can open a demo account to get acquainted with the functionality of the platforms and test its capabilities.

25 USD (Micro), 200 USD (Premium, Pro), 50 USD (Crypto), 500 USD (Pro)

Minimum
deposit

1:33 — 1:1000 (Micro, Premium, ZuluTrade), 1:1 — 1:1000 (Pro), 1:3 — 1:20 (Crypto)

Leverage

24/7

Support

WebTrader MetaTrader4
MetaTrader5
Trading platform: MetaTrader 4, MetaTrader 5, MetaTrader 4 MultiTerminal, WebTrader
Accounts: Demo, Micro, Premium, Pro, ZuluTrade, and Crypto
Account currency: USD — for Pro, ZuluTrade, Crypto; USD, EUR — for Micro and Premium
Replenishment / Withdrawal: VISA/Mastercard, WebMoney, Wallet One, Crypto, Perfect Money, Skrill, NETELLER, banking transfer of currency
Minimum deposit: 25 USD (Micro), 200 USD (Premium, Pro), 50 USD (Crypto), 500 USD (Pro)
Leverage: 1:33 — 1:1000 (Micro, Premium, ZuluTrade), 1:1 — 1:1000 (Pro), 1:3 — 1:20 (Crypto)
PAMM-accounts: No
Min Order: From 0.01 lot
Spread: Floating — from 0 to 2.9 pips
Instruments: Forex tools, metals, CFD shares, indices, goods, cryptocurrencies
Margin call/Stop Out: from 20% / from 10%
Liquidity provider: LMAX Exchange, TOPFX
Mobile trading: Yes
Affiliate program: Yes
Orders execution: Market Execution
Trading features: Auto-trading, crypto-currency trading
Contests and bonuses: Bonus 100% with each replenishment of account with the amount of USD/EUR 200

Comparison of WELTRADE with other Brokers

WELTRADE FxPro XM Group Admiral Markets UK AvaTrade
Trading
platform
MT4, MobileTrading MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option
Min deposit $25 $100 $5 $200 $100
Leverage From 1:33
to 1:500
From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
Trust management No No No No No
Accrual of % on the balance 5.00% No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out
20%  /  5% 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus No $100 $30 No No
Cent accounts Yes No Yes No Yes

Broker comparison table of trading instruments

WELTRADE FxPro XM Group Admiral Markets UK AvaTrade
Forex Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes
Crypto No No No Yes Yes
CFD Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes
ETF No No No Yes No
Options No No Yes No No

Commissions & Fees WELTRADE

Information

Weltrade was verified by the Traders Union specialists for trade and non-trade commissions. In the category of the trading commission, the broker spread was considered, and as a non-trading commission, an additional withdrawal fee was considered. The commission fee is from 0.5% to 2.5%, depending on the replenishment method.

Account type Spread (minimum value) Withdrawal commission
Micro From 1,9$ Yes
Premium From 19$ Yes
Pro From 5$ Yes
ZuluTrade From 29$ Yes
Crypto From 0 pips Yes

We also analyzed the size of trade commissions in Weltrade and compared it with the same indicators of the company's main competitors. Based on the data received, Weltrade measured against established levels of brokers' trading fees, such as low, medium or high.

Broker Average commission Level
WELTRADE $13.7 High
FxPro $13.2 Medium
Admiral Markets UK $5 Low
WELTRADE
$13.7
FxPro
$13.2
Admiral Markets UK
$5
Conclusion

The Weltrade company charges average trading commissions in comparison with other brokers from the TOP-5 as rated by the Traders Union. Withdrawals are carried out with minimal fees. Become a client of the Traders Union to further reduce trading costs and get a rebate.

Detailed Review of Weltrade

Weltrade brokers is a team of top-ranked specialists with considerable experience in the field of Finance and Online Trading. The Company provides traders with premium-quality service, which is the main priority of the broker. Weltrade always takes into account customers’ feedback and wishes.

The Commission on International Financial Services (jurisdiction - Belize) is the regulator of the company.

Weltrade is the best broker for active trading

Weltrade is a reliable broker providing the best conditions for trading to active traders. The company offers several types of accounts: Micro is a cent account for novice traders; ZuluTrade and Premium are for advanced users, and Pro is for professionals. There is a special account — Crypto, which is available for traders trading with cryptocurrency. 

In 2012, Weltrade was rebranded and some additional services were added. Customers got direct access to interbank liquidity through special ECN accounts and advisers for automated trading.

Traders registered with a broker can open accounts through the popular 

MetaTrader4 and MetaTrader5 platforms. Also, customers can trade through a web terminal and an MT4-based multi-terminal.

Advantages:

1

wide range of trading instruments;

2

the floating spread size is from 0 pips;

3

free access to the popular trade terminals including smartphones;

4

algorithmic trading using robotic bots and indices is available;

5

there are sections with free analytics and the latest currency and market news on the website;

6

the Safebox is a reliable storage space with 12% annual accruals on deposit; and

7

regular promotions and contests for customers.

How to Start Making Profits — Guide for Traders

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 $25. The leverage is from 1:33 to 1:1000. Spreads are from 1.9 pip;
Premium
is a standard account with a minimum deposit of $200. Available when trading metals, currencies, and goods. An account with floating spreads from 1.9 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;
ZuluTrade
is an account for copying other traders’ transactions. The minimum deposit is $100 to open this account;
Crypto
is an account for cryptocurrency trading. The minimum deposit is $50. Floating spreads are from 0 pips. The leverage is from 1:3 to 1:20. There is a huge range of cryptocurrencies.

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

Bonuses Paid by the Broker

There is a Bonus of 100%

There is a Bonus of 100% with each replenishment of the trade account with the amount of USD/EUR 200.

Weltrade Review - Bonuses
Weltrade Review - Bonuses

Commission-free Replenishment

There is a cancellation fee for several payment systems.

Weltrade Review - No-Commission Deposit
Weltrade Review - No-Commission Deposit

Cash Puzzle

Collect prizes and win up to $15,000. When completing three tasks the trader is guaranteed to receive from $5 to $5,000.

Weltrade Review - Promotions
Weltrade Review - Promotions

Bonus from Traders Union

The Traders Union offers to cut corners on trading to the hilt. Register for free on the Traders Union website to get a rebate (return from part of the spread or commission). Then follow the referral link to the Weltrade website and open a trading account. Trade actively and receive monthly spread compensation on your Traders Union balance sheet, regardless of the result. If you are an existing Weltrade trader, you will find here detailed instructions on how to link your brokerage account with a Traders Union account.

Investment Education Online

Information

The website of the company Weltrade hosts several training sections. Each contains the necessary information that allows you to successfully trade on Forex. Here you will find a description of the foreign exchange market, advisers, and indicators, as well as analytics and reviews of trading strategies.

The information is available in the "Training" section
Unavailable information is on the Weltrade website
The "Trader's Guide" describes 10 simple steps to start trading
Forex terminology is available in the “Legal Information” section.
Trainings with experienced traders with a live discussion of the most relevant topics
 
Seminars from professionals who provide detailed answers to questions from the audience
 

To put into practice the knowledge gained on the Weltrade website, company experts recommend opening a demo account. Practice on a demo account will help you learn how to correctly apply theoretical knowledge in real trading. You can open a trading account and replenish the deposit, after acquiring the necessary skills.

Security (Protection for Investors)

Information

The activities of the Weltrade company are regulated by the International Financial Services Commission - IFSC Belize (license IFSC/60/350/TS/17).

IFSC Belize is an international financial regulator. The commission sets strict requirements for its member companies. Only brokers meeting the standards of the regulator and fulfilling all its requirements are eligible to obtain a license from the organization.

Weltrade Company carries out financial activities following its internal regulations, as well as based on the regulator’s requirements. This ensures the safety and security of the monetary assets of Weltrade customers. The rights and obligations of both market participants are specified in the agreement published on the broker's website.

👍 Advantages

  • Clients’ accounts are maintained pursuant to the requirements of the regulator
  • The customer is protected from a negative balance
  • An agreement regulating the relationship of the broker with the trader
  • Risk Warning and Customer Support

👎 Disadvantages

  • A lot of legal documents that must be studied before starting cooperation with Weltrade

Withdrawal Options and Fees

  • Weltrade facilitates the withdrawal of money when the trader submits the corresponding application. The number of requests is unlimited. The commission fee depends on the chosen electronic payment system;

  • To withdraw from Weltrade, you may use the following payment systems:  VISA/Mastercard, WebMoney, Wallet One, Crypto, Perfect Money, Skrill, NETELLER, Privat24, or bank currency transfer, etc.;

  • When withdrawing to e-systems and bank cards, money is credited within 30 minutes. Withdrawal by bank transfer takes one business day;

  • Withdrawals from Weltrade are available in such currencies as: USD, EUR, BYR, BTC, ETH, LTC, XRP, EOS.

Customer Support Service

Information

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

👍 Advantages

  • Online chat
  • Phone support
  • Support is available in 13 languages

👎 Disadvantages

  • 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.

Button “Go to the Weltrade website”.

Contacts

Registration address Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines
Contacts

Review of the Personal Cabinet of Weltrade

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:

1

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.

Weltrade Review - Official website
Weltrade Review - Official website
Weltrade Review - Official website
2

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

Weltrade Review - Registration
Weltrade Review - Registration
3

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

1. Open the trading account:
Weltrade Review - Replenishment
Weltrade Review - Replenishment
2. Download the trading platform and replenish your balance:
Weltrade Review - Trading Platforms
Weltrade Review - Trading Platforms
3. Withdraw funds and replenish the Safebox:
Weltrade Review - Financial operations
Weltrade Review - Financial operations
4. Participate in promotions:
Weltrade Review - Promotions
Weltrade Review - Promotions
1. Open the trading account:
Weltrade Review - Replenishment
Weltrade Review - Replenishment
2. Download the trading platform and replenish your balance:
Weltrade Review - Trading Platforms
Weltrade Review - Trading Platforms
3. Withdraw funds and replenish the Safebox:
Weltrade Review - Financial operations
Weltrade Review - Financial operations
4. Participate in promotions:
Weltrade Review - Promotions
Weltrade Review - Promotions

Tags:

Weltrade weltrade systemgates ltd SystemGates ltd SystemGates LTD

The Oldest Reviews of the WELTRADE

The reviews by customers of the WELTRADE indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of WELTRADE published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I have recently developed my own trading robot. Of course, I decided to test it and opened a micro-account with Weltrade. What I liked right away was the absence of a broker’s commission when replenishing an account, and a very quick withdrawal of funds which takes about 30 minutes. Of course, there are commissions for withdrawals, like with other brokers, but they are very reasonable. The terminal works well — no crashes, requotes, or slowdowns. My robot works well so far. I highly recommend it.

I have been trading on Weltrade for three months. So far, things are going great. All stops and withdrawals of profits are executed almost instantly. Trades are closed and opened without sagging. I was especially pleased with the minimum spreads for various trading tools, from precious metals to currencies and cryptocurrencies. The terminal works very quickly, but sometimes it freezes up, which does not pose a particular problem. Technical and customer support are at their best. Responses come instantly and, most importantly, they work around the clock. As a mostly night trader, this suits me fine.

I choose a broker very carefully because there are many pitfalls in Forex trading. Excellent advertising and having a famous name do not always mean the broker is reliable. I tested more than 30 companies for almost a year and finally chose Weltrade. One of the important advantages of the company is its “Pro” accounts and a multi-terminal, which I use to manage my investor portfolios. I was also impressed by the very calm attitude of the staff, without the intrusive “offers” that other brokers constantly offered to me. I can always quickly find an answer to my questions over the phone, and I was even given a personal manager. I’m happy with everything. So far, I have only positive impressions.

I have been cooperating with Weltrade for a long time. I started when they had a different name, and to attract new traders, they handed out to newcomers $10 for their initial deposit. Those were my first steps in trading. Last year, I started trading almost exclusively with automated advisors, and, in general, it is going well. The customer support is very friendly and responds quickly and thoroughly. If anything happens, then in this regard, with some companies you might be waiting for ages for their answer even in an online chat. Disputes are resolved promptly. Just the other day, due to a terminal failure (after a reboot), an unnecessary transaction was suddenly opened, but after contacting the technical support it was canceled almost instantly.

I am a beginner trader. My cooperation with a Weltrade broker began upon the recommendation of a professional trader. At the time of registration, there was a welcome bonus from the company — WELCOME BONUS: Get a $50 Bonus — when you replenish your deposit for $25 or more. Of course, I took the opportunity, made a deposit, and instantly received a $50 bonus! As a result, I started trading immediately with a $75 deposit. Several times, however, I had to contact the live chat of the company on the issue of verifying my account and crediting the bonus. All the answers to the questions were clear, prompt, and understandable. Everything was resolved without difficulty. Therefore, I can say that customer support is really good, and it works 24/7. I will gain experience from this broker.

The company is quite good. Technical support gets in touch and answers all the questions you might have. The withdrawal of funds takes about 30 minutes: you will not find a better service! As a rule, with other brokers, it takes much longer. For those who like to attract new traders, there is a special offer of a reward of 85% of the spread. This is one of the best ways to make money without investing at all. In general, having more than ten years on the Forex market speaks volumes. I have been working with a Weltrade broker for more than five years, and during this time there were no particular difficulties.

I have been working with a Weltrade broker for over a year and so far, I am satisfied with their work. I did not experience any special problems with withdrawing funds; however, I am not that experienced yet and I haven’t made much money yet. The main thing is that I was convinced it was realistic to trade and make money with this company. I liked the very low spreads, favorable trading conditions, an impressive set of tools, and a lot of promotions for their clients. First, I explored the no deposit bonus. I traded 50 dollars and withdrew it without any problems within 20 minutes. And for a trader, the withdrawal speed, everyone knows, is a very important thing!

Author of this Review

WELTRADE broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Do reviews by traders influence the WELTRADE rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about WELTRADE you need to go to the broker's profile.

How to leave a review about WELTRADE on the Traders Union website?

To leave a review about WELTRADE, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about WELTRADE on a non-Traders Union client?

Anyone can leave feedback about WELTRADE on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with WELTRADE through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.