WeTrade FX Review 2026

Item: WeTrade FX
Rating: 3.57
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 17, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $100
Fees 8 /10
Account types 4.3 /10
Regulation 3.7 /10

3.6 /10

High risk

WeTrade FX User Reviews 2.0
Commissions and Fees 8.0
Regulation and Safety 3.7
Account Types 4.3
Deposit and Withdrawal 3.8
Markets and Tradable Assets 5.8
Trading Account Opening 10.0
Customer Support 5.0

WeTrade FX Pros & Cons

A variety of account types including, ECN (Electronic Communication Network), MAM (Multi Account Manager), and a wide range of trading instruments;
Proprietary social trading platform and the option to connect to the MQL4 (MetaQuotes Language 4) signals service;
Clearly defined procedures for registration and verification;
Round-the-clock multilingual client support;
A rapid and transparent deposit and withdrawal system without concealed fees;
A host of loyalty rewards, regular promotions, and bonus offers.

Elevated spreads within STP to smaller deposits;
The absence of Cent and Micro account options;
A relatively less comprehensive educational section catering to novice traders.

TU Expert Verdict

WeTrade FX carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Top-5 Brokers Traders Prefer

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ZForex

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Plus500

7.5 /10

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OANDA

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FOREX.com

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WeTrade FX User Reviews

Score:

2 /10

3 total

5-star

0%
4-star

0%
3-star

0%
2-star

0%
1-star

100%

Unfortunately, I fell victim to the scammers at WeTrade FX. They called me and persuaded me to open an account, offering to start trading with a capital of $5,000. In addition, WeTrade FX managers promised me support in all situations. I am not an experienced trader, so I needed help. But I received nothing from the company's managers. They simply blocked my account. And when I managed to log into my account, someone had opened orders on my behalf. And all the money disappeared in losses.

I may not be a very experienced trader, and there's still much I don't know, but even to me, it's clear that there are problems with order execution here. What's also bad is that the support team at WeTrade FX cannot or does not want to handle the situation. In general, if you're looking for competent assistance from technical support, don't expect it here.

wetrade fx is not a reputable company, despite hearing various reviews. I can definitely say that it's a kitchen broker, like many others, with the sole purpose of taking money from clients. I deposited $600 and quickly lost them, even though I am far from being a novice and know how to trade. The broker made an effort!

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Commissions and Fees

Score:

8 /10

The trading and non-trading commissions of WeTrade FX have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of WeTrade FX 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, WeTrade FX’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.

WeTrade FX Standard spreads
	WeTrade FX	ZForex	OANDA
EUR/USD min, pips	0.5	0.1	0.1
EUR/USD max, pips	1.0	0.4	0.5
GPB/USD min, pips	0.7	0.2	0.1
GPB/USD max, pips	1.3	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

WeTrade FX RAW/ECN spreads
	WeTrade FX	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3.00	7	3.5
EUR/USD avg spread	0.10	0.1	0.15
GBP/USD avg spread	0.10	0.15	0.2

Non-Trading Fees

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

WeTrade FX Non-Trading Fees
	WeTrade FX	ZForex	OANDA
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	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-15
Inactivity fee ($, per month)	0	0	0

Is WeTrade FX Safe?

Score:

3.7 /10

WeTrade FX has a safety score of 3.7/10, which corresponds to a Low 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

Not tier-1 regulated

WeTrade FX Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
SVG 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

WeTrade FX Security Factors
Foundation date	2022
Negative balance protection	No
Verification (KYC)	Yes

Account Types

Score:

4.3 /10

WeTrade FX offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Standard account with balanced trading conditions
Demo account
Low minimum deposit

No Cent account
Micro lots are not available

WeTrade FX account types vs top competitors
	WeTrade FX	Trading.com	ZForex
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	Yes
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	Yes	No	Yes
VIP	No	No	No
Managed	No	No	No

WeTrade FX accounts trading conditions

WeTrade provides four different types of user accounts that vary in terms of minimum deposit amounts, spread ranges, and the presence or absence of additional trading fees. All accounts offer market execution, floating spreads, and leverage of up to 1:2,000.

Account Types:

Account Type	Description
STP Account	Requires a deposit starting from $10, offers spreads beginning at 1.8 pips, and has no trading fee;
VIP Account	This account involves only the spread as a fee for trades, with a minimum spread value of 1 pip. The minimum deposit is $1,000;
ECN Account	This account features spreads from 0 pips and a fee of $7 per traded lot. The minimum deposit is $3,000;
Affiliate Account	This account has no trading fee and offers spreads starting from 2.3 pips. To initiate trading, a deposit of $10 or more is needed.

In addition to opening a trading user account, WeTrade also provides the option of a demo account, which serves as an educational tool for practicing and testing trading conditions. WeTrade offers a variety of trading accounts suitable for different trading styles, catering to both experienced traders and newcomers in the realm of trading financial assets.

Deposit and Withdrawal

Score:

3.8 /10

WeTrade FX received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

WeTrade FX offers limited payment options and accessibility, which may impact its competitiveness.

Bank wire transfers available
No deposit fee
No withdrawal fee
Minimum deposit below industry average

BTC payments not accepted
BTC not available as a base account currency
Wise not supported

What are WeTrade FX deposit and withdrawal options?

WeTrade FX offers a limited selection of deposit and withdrawal methods, including Bank Wire, USDT. This limitation may restrict flexibility for users, making WeTrade FX less competitive for those seeking diverse payment options.

WeTrade FX Deposit and Withdrawal Methods vs Competitors
	WeTrade FX	Trading.com	ZForex
Bank Wire	Yes	Yes	No
Bank card	No	Yes	Yes
PayPal	No	No	No
Wise	No	No	No
BTC	No	No	Yes

What are WeTrade FX base account currencies?

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

What are WeTrade FX's minimum deposit and withdrawal amounts?

The minimum deposit on WeTrade FX is $100, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact WeTrade FX’s support team.

Markets and Tradable Assets

Score:

5.8 /10

WeTrade FX offers a limited selection of trading assets compared to the market average. The platform supports 120 assets in total, including 50 Forex pairs.

Indices trading
Crypto trading
50 supported currency pairs

Limited asset selection
No ETFs

Supported markets vs top competitors

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

	WeTrade FX	Trading.com	ZForex
Currency pairs	50	69	50
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.	120	69	80
Stocks	Yes	No	Yes
Commodity futures	Yes	No	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	No	Yes
Stock indices	Yes	No	No
Options	No	No	No

Investment options

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

	WeTrade FX	Trading.com	ZForex
Bonds	No	No	No
ETFs	No	No	No
Copy trading	Yes	No	Yes
PAMM investing	Yes	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

10 /10

We successfully registered an account with WeTrade FX in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at WeTrade FX is $100.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Quick KYC verification (1 business day or less)
Low minimum deposit requirement

Account setup process may feel less convenient for beginners

WeTrade FX account opening
	WeTrade FX	Trading.com	ZForex
Online Registration	Yes	Yes	Yes
Minimum deposit	$100	$50	$10
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	7	20	8
KYC time (days)	1	2	1

Is WeTrade FX 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 access the user account on the WeTrade website, you need to create an account. The process of creating it follows these steps:

First, you need to initiate the registration process. To do this, click on "Register" on the main page of the official WeTrade website.
Provide personal information, phone number, and email. Password generation is a mandatory procedure. A confirmation code will be sent to your email, which needs to be entered in the registration form. To access the user account, use your email and the password.
WeTrade’s user account functions:
- Verification of identity and place of residence — undergoing the KYC procedure.
- Opening the primary trading account.

Other available actions in the WeTrade’s user account include:

Opening additional user accounts and registering a demo account;
Downloading trading platforms (desktop, mobile Android/iOS apps), multi-platform;
Installing software for managing MAM accounts;
Information about active accounts — balance, capital size, volume (in lots), total deposit and withdrawal amount;
Contact menu for communication with technical support and legal documentation;
Interface language selection and profile customization.

Customer Support

Score:

5 /10

Customer support at WeTrade FX is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. WeTrade FX provides basic support functionality but does not stand out in overall service performance.

Information

WeTrade's technical support operators speak five languages and work around the clock, including weekends.

Multilingual support 24/7
Prompt operator response in online chat

Slow response time via email
Support in popular messengers such as Telegram, WhatsApp, etc. is not available

If you need to get in touch with a WeTrade representative, you can use the following methods:

Online chat on the website
Email address
Contact form in the contacts section
Facebook
Additionally, you can contact this broker through the LINE messenger. This broker's website provides a QR code for downloading the application, which enables instant messaging with a WeTrade representative.

Contacts
Foundation date	2022
Registration address	WeTrade International LLC, Euro House, Richmond Hill Road, Kingstown, St Vincent and Grenadine.
Regulation	SVG FSA, LFSA
Official site	https://www.wetradebroker.com/
Contacts	globalsupport@wetradefx.com

Best WeTrade FX Alternatives

Trading.com USA

8.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

ZForex

7.9 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

FOREX.com

6.8 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

How is WeTrade FX regulated and what does its safety score indicate?

WeTrade FX is regulated by the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), which is described as a Tier-3 regulator without a specific investor protection fund. The broker has a safety score of 3.7/10 and a Low security level, with additional factors including a foundation date of 2022, mandatory KYC, and no negative balance protection, which may indicate higher risk compared to brokers with Tier-1 regulation and longer operating histories.

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

WeTrade FX offers Demo, Standard (STP), ECN/Raw spread, Swap Free, VIP, and Affiliate accounts, each with different minimum deposits, spreads, and fee structures. For example, the STP and Affiliate accounts start from $10 with no trading fee but higher spreads, while the ECN account starts from $3,000 with spreads from 0 pips and a $7 fee per lot, and the VIP account requires $1,000 with spreads from 1 pip and no additional trading fee.

What do user reviews and feedback say about WeTrade FX overall?

WeTrade FX has a user satisfaction score of 2/10 based on 3 reviews, with 100% of the ratings being 1-star. According to user reviews, the overall sentiment is mostly negative.

What markets and tradable assets are available with WeTrade FX?

WeTrade FX provides access to 120 tradable assets, including 50 currency pairs, stocks, commodity futures, cryptocurrencies, and stock indices, but does not offer options, bonds, or ETFs. The broker also supports copy trading and PAMM investing, while managed accounts are not available.

How do clients describe the WeTrade FX account opening process in reviews and feedback?

The section on trading account opening does not include specific client reviews, feedback, or comments about their experiences. It only states that registration took 7 minutes, KYC was completed within 1 business day, and that the process is fully online with a $100 minimum deposit, while noting that the setup may feel less convenient for beginners.