WELTRADE Journal

Journal status: live
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WELTRADE Profile
Year
2006
Country
SVG
Branches
8
Regulation
not regulated
Registration
FSCA South Africa, FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Austria, Belarus, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, US
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
500 ms
LPs total
1
LPs quality
Other
LPs names
TopFX

WELTRADE Accounts
STP
Minimum Deposit
25 $
Leverage
1000 : 1
Minimum Lot
0.01 lots
EURUSD spread
1.5 pips
Commission
0 $/lotRT
Volume
100 lots
Margin Call
20 %
Stop Out
10 %
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, Litecoin, Ethereum, Perfect Money, FasaPay, Tether, Local Transfer Indonesia, Local Transfer Pakistan
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is WELTRADE safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSCA South Africa, FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is WELTRADE trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • WELTRADE website: highly detailed, updated ★★★★★
  • WELTRADE popularity (by visitor count): average ★★★

How WELTRADE works



6.1.16. The Company reserves the right to limit maximum amount of active orders on the Client's account.

6.1.21. The Company reserves the right to cover the Client account negative balance derived from the Client trading operations when trying to manipulate with orders and negative account balance on different accounts, by the Clients' funds on other accounts with the Company.

6.1.24. The Company warns that market spreads of trading instruments can exceed the values stated in specifications during the periods of low market liquidity (the beginning or the end of trading day, releases of statistics and news). The Company is not responsible for such expansions.



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