WELTRADE Review

Details

Broker	WELTRADE
Website URL	weltrade.com
Founded	2007
Support Number	+44-20-34116458, 0-800-21-68-65
Support Types	Live Chat, Phone, Email
Languages	Ukrainian, Russian, English, Thai, Indonesian, Spanish, Vietnamese, Lao, Chile, etc.
Trading Platform	MetaTrader 4, MetaTrader 5, Web Platform
Minimum 1st Deposit	$25
Bonus	$50 bonus, $10 no deposit bonus
Leverage	1:1 - 1:1000
Spread	from 0 points
Free Demo Account	Open Demo
Regulated
Regulation	IFSC/60/350/TS/15-16, National Bank of Belarus, license number 7
Account Types	Micro, Premium, Pro, ZuluTrade, Crypto
Deposit Methods	Bank transfer (Privat24, AlfaKlik, Promsvyazbank), Plastic cards (Autocomplete VISA&Mastercard, VISA recharge through Skrill processing center), Electronic transfers (Webmoney, Perfect money, Qiwi, Yandexmoney, Moneta.ru, Liqpay, Okpay, Skrill, Neteller, Wallet One, FastPay, CashU), Cryptocurrencies: Bitcoin, Ethereum, Payment terminals and systems (Payment terminals EasyPay, Privatbank terminals)
Withdrawal Methods	Credit/debit cards, bank transfer, Qiwi, Skrill (MoneyBookers), Neteller, CashU, MoneyGram, Sofort, Moneta.ru, Webmoney, Bitcoin, Ethereum, etc.
Number of Assets	70+
Types of Assets	Forex, Commodities, Stocks, Indices, CFDs, Cryptocurrency (Bitcoin, Ethereum, Litecoin, Ripple, Dash, etc.)
Account Currency	USD, EUR
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score	8.8/10

Full Review

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.

If we find complaints about WELTRADE, we will post it on social media. Follow us to be well informed:

 

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.

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