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Weltrade Forex brokers are firms that provide traders with access to a platform that allows them to buy and sell foreign currencies.

Transactions in this market are always between a pair of two different currencies, so forex traders either buy or sell the particular pair they want to trade. Forex brokers may also be referred to as retail forex brokers, or currency trading brokers.

Most forex broker firms handle only a very small portion of the volume of the overall foreign exchange market.

Retail currency traders use these brokers to gain access to the 24-hour currency market for purposes of speculation. Forex broker services are also provided for institutional clients by larger firms such as investment banks.

WELTRADE specializes in online trading services and offers traders across the globe trading opportunities in forex, metal, and commodity markets.

The company is committed to offering traders an excellent trading environment through quality customer support, 14 years of experience in major global markets, prestigious financial awards, fast pay-outs, and low costs through powerful platforms.

WELTRADE is headquartered in Kingstown, St. Vincent, and the Grenadines.

The company was founded in 2006 and today, its services are offered to more than 300 000 traders across 18 countries such as Russia, Belarus, Vietnam, Ukraine, Indonesia, Kazakhstan, Thailand, Laos, and Malaysia.

Due to jurisdictional restrictions, the company does not offer its services to residents of the United States and Canada.

Awards and Recognition

When deciding which Forex broker to choose, many potential traders take into consideration the awards which a particular broker may have garnered during their years in operation.

As such, these awards are an indication of the broker’s overall level of performance, features and platforms at which they excel, and their general standing within the industry.

Not all brokers participate in awards, and therefore this aspect should be taken into consideration with the overall broker offering.

WELTRADE has received numerous awards during the years since its founding. These celebrate the company’s high standards regarding its global online services and customer support:

  • The Asia Forex Expo 2019 international exhibition’s Best Foreign Broker 2019
  • Best Customer Service Award 2017
  • Forex Expo Awards in Russia’s Best Forex Affiliate Program 2015
  • The Shanghai Forex Expo international exhibition’s Best Trade Executions 2015
  • The Best Customer Service Russia category of Best Forex Broker 2014
  • Business Olimp Awards 2014


A Forex account is used to hold and trade foreign currencies. Gaining access to the forex market through a broker involves opening an account, depositing money in your denominated currency, and trading currencies.

Though it seems simple enough, picking the right account is one of the most important aspects in deciding on the right broker, as the account type can have a direct impact on profit and loss.

Typically, the Forex market abounds with a diverse range of traders, including beginners, intermediate-level traders, seasoned pros, and institutions, so that there are many types of accounts on offer.

As such, the most important aspects to keep in mind when deciding on an account that works for you are the transaction cost, spreads and commissions, trade routing, trading software and platforms, and the range of markets available.

Types of Accounts and Their Features

To ensure that the needs of all traders are catered for, WELTRADE offers five types of accounts. Each of these has its own characteristics and offers great benefits.

Micro Account features include:

  • Minimum deposit: 25 USD
  • Average speed of deal execution: from 0.9 seconds
  • Account currency: cents USD, cents EUR
  • Spread: Floating from 1.9 pips
  • No commission
  • Execution type: Market
  • Quotation: 5 marks
  • Leverage: 1:33 – 1:1000

Premium Account features include:

  • Minimum deposit: 200 USD
  • Average speed of deal execution: from 0.8 second
  • Account currency: USD, EUR
  • Spread: Floating from 1.9 pips
  • No commission
  • Execution type: Market
  • Quotation: 5 marks
  • Leverage: 1:33 – 1:1000

Pro Account features include:

  • Minimum deposit: 500 USD
  • Average speed of deal execution: from 0.5 second
  • Account currency: USD
  • Spread: Floating from 0.5 pips
  • No commission
  • Execution type: Market
  • Quotation: 5 marks
  • Leverage: 1:1 – 1:1000

ZuluTrade Account features include:

  • Minimum deposit: 200 USD
  • Average speed of deal execution: from 0.7 second
  • Account currency: USD
  • Spread: Floating from 2.9 pips
  • Commission charges from 1.5 point
  • Execution type: Market
  • Quotation: 5 marks
  • Leverage: 1:33 – 1:500
  • Only available on the MetaTrader 4 platform

Crypto Account features include:

  • Minimum deposit: 50 USD
  • Average speed of deal execution: from 0.7 second
  • Account currency: USD
  • Spread: Floating from 0 pips
  • No commission
  • Execution type: Market
  • Quotation: 5 marks
  • Leverage: 1:3 – 1:20

Deposits and Withdrawals

WELTRADE provides numerous methods to deposit and withdraw funds, such as:

  • Skrill
  • Neteller
  • WebMoney
  • Perfect Money
  • Qiwi Wallet
  • Wallet One
  • Fasapay

No fees are charged on deposits; however, the following fees are charged on withdrawals:

  • Visa: 1.2% + 3.0 USD, 1.2% + 2.7 EUR and 1.9% (min 50 RUB)
  • Skrill: 1%
  • Neteller: 2% (min. $1.00)

Cost and Fees, Commissions and Spreads

The cost of trading is the overall expense that a forex trader incurs in order to run their trading business.

For every trade placed, the trader will have to pay a certain amount in costs or commissions. These costs vary from broker to broker, but they are usually a relatively low amount, and are often the only cost of trading which a trader is likely to incur.

The most common costs associated with trading are the spread and commission fees charged by the broker for each trade placed. These costs are incurred by the trader regardless of how successful those trades are.

The spread is the difference between the bid and sell price of a currency pair, and what the broker charges, and is fundamentally how brokers make a profit.

In order for a trader to make a profit or avoid making a loss on a trade, the price must move enough to make up for the cost of the spread.

A commission is similar to the spread in that it is charged to the trader on every trade placed. The trade must then attain profit in order to cover the cost of the commission.

Traders should also keep in mind potential hidden fees that some brokers might charge, which include inactivity fees, monthly or quarterly minimums, and margin costs.

WELTRADE offers both fixed and variable spreads, as well as little to no commission charges, depending on the type of account and instrument.

Micro Account

  • Spread: Floating from 1.9 pips
  • No commission

Premium Account

  • Spread: Floating from 1.9 pips
  • No commission

Pro Account

  • Spread: Floating from 0.5 pips
  • No commission

ZuluTrade Account

  • Spread: Floating from 2.9 pips
  • Commission charges from 1.5 point

Crypto Account

  • Spread: Floating from 0 pips
  • No commission


Leverage is essentially capital that a trader borrows from a broker to increase potential returns. The Forex leverage size usually exceeds the invested capital by several times.

Different brokers offer different leverage levels, which are usually determined by the trading conditions provided by a particular broker.

Regional jurisdiction also comes into play, as the EEA recently decided to cap the level of leverage that brokers operating in the economic area could offer, due to the high risk typically associated with this mechanism.

Ultimately, deciding which leverage level to choose depends on the individual trading strategy and the actual vision of upcoming market moves.

To this end, quick traders will usually use high leverage to make a fast profit, while positional traders prefer a low leverage level.

As WELTRADE is not regulated by financial authorities such as the Financial Conduct Authority, which only allows leverage ratios of up to 1:30, it is not restricted to jurisdictional limitations and offers leverage ratios of up to 1:1000.

These leverage ratios are very high when taking into consideration that most brokers offer typical leverage between 1:200 and 1:500. While such high leverage holds the potential to increase a trader’s profits tremendously, the risks involved are also very high.


Many Forex brokers offer various bonuses as an incentive for new traders to sign up with them.

Usually, the Forex bonuses are an exclusive or seasonal special offer. In general, Forex bonus types are also known by the name of a promotion.

Bonuses that are known as rebates are credited to the trader’s account once they have completed a trade, while regular bonuses may require traders to carry out quite a number of trades first.

WELTRADE provides an entire section of different promotions offered, which can be very attractive for traders as one can potentially earn cashback rewards and win great prizes.

These include cash puzzles, crypto war promotions, the Mega Contest 2023, Free iPhone 11 Pro Max, Bonus 100%, No-Commission Deposit, and several others.

Trading Platforms, Software, and its Features

A trading platform is in essence the software supported by a particular broker in order to execute trades on the Forex market. Deciding on the right platform is also an important aspect of selecting a suitable broker.

This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three. The platform may also provide tools for research in addition to tools for order processing.

Some Forex brokers offer their own custom trading platforms for order processing and research, but many provide order access through integrated trading and research programs.

WELTRADE offers 2 choices of trading platforms to its customers. Both the MetaTrader 4 and MetaTrader 5 platforms are the top platform choices for traders around the globe, offering numerous advantages.

These platforms are highly customizable, user-friendly as well as available on desktop and multiple iOS and Android devices.

Other features and advantages include:

MetaTrader 4 Platform

  • 50 pre-installed technical indicators
  • Strategy tester
  • Historical timeframe data
  • Price alerts
  • Multi-language support
  • One-click trading
  • Pending, stop orders and trailing stops
  • Identify trends
  • 9 different time-frames

MetaTrader 5 Platform

  • Multi-asset trading
  • Price alerts and trailing stops
  • One-click trading
  • Multi-language support
  • Advanced strategy tester
  • Netting and hedging modes are available
  • Analyze short-term as well as long-term trends
  • 21 time-frames
  • 8 order types
  • Numerous built-in indicators and analytical objects
  • Financial news and an economic calendar provided

Markets, Products, and Instruments

Most brokers offer all or some of the following kinds of market instruments for trading:


Forex trading, also called currency or FX trading, involves the currency exchange market where individuals, companies and financial institutions exchange currencies for one another at floating rates.


As with currency exchange markets, commodity markets offer different investment opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty.


Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific set of the largest companies of a nation or they can represent a specific stock market.

Precious metals:

The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.


The high volatility of energy prices due to political and environmental factors, supply and demand, extreme weather conditions and global economic growth is a typical feature of this product, making it another popular trading choice.

  • Forex includes numerous forex pairs containing Canadian Dollar, Swiss Franc, Japanese Yen, Australian Dollar, New Zealand Dollar, US Dollar and many more
  • Metals include SPOT Silver, SPOT Gold, SPOT Palladium and SPOT Platinum
  • Commodities include SPOT Brent oil and SPOT Crude oil

Safety and Regulation

The Forex market is one of the biggest financial markets in the industry so that navigating this enormous ocean of potential profit requires a proper level of broker compliance in order to mitigate any unnecessary risks or losses.

A secure trading environment is best delivered through brokers who are authorized by reputable regulatory bodies, which ensure that client funds are protected and subject brokers to regular audits for guaranteed transparency.

WELTRADE is an offshore broker and regulated by the government of Saint Vincent and Grenadines, the Financial Services Authority (FSA).

The Financial Services Authority does not hold companies by such high regulatory standards and safe business practices as more reputable financial authorities such as the Financial Conduct Authority of the United Kingdom.

Before traders decide to invest in this broker, it is recommended that they review this broker carefully and weigh the advantages against those of other well-regulated brokers.

Customer Support

Reliable customer support is another important aspect of choosing the correct broker, as a lack of decent customer support can leave pressing issues unresolved and affect a client’s trade.

Technical support is particularly important in order to help traders control their funds and navigate the platforms efficiently. Decent customer support should also mean queries are handled quickly and properly resolved.

WELTRADE offers exceptional customer care, which is available 24 hours a day, seven days a week. Most brokers only offer support five days a week.

Customer support can be requested via live chat, email, telephone, or a direct message on the company’s website. It covers customers in Indonesia, Cambodia, Thailand, Vietnam, Mexico, Laos, Peru, Colombia, Argentina, China, and several others.


Traders often seek out brokers which provide a decent research offering, as proper analytical tools can play a key role in executing profitable trades on the often volatile Forex market.

Many brokers offer a range of analytics tools that allow traders to remain abreast of changes in the Forex market and respond accordingly.

Forex analysis is used by retail forex day traders to determine to buy or sell decisions on currency pairs. These can be technical in nature, using resources such as charting tools.

WELTRADE gives customers access to a number of research tools to help make informed trading decisions at minimal risks. The MetaTrader platforms include several research tools that are automatically included when opening an account and choosing a platform.

The Trading Calculator is very useful as it calculates the volume of swaps, value of a pip, and margin requirements. An Economic Calendar offers market event details, forecasts, history, and other helpful market information.

Education and Training

Newbie traders will want to find a broker which offers enough research and training tools in order to acquire the necessary skills to make profitable trades.

These educational tools range from the very fundamentals of Forex trading to more advanced Webinars and courses, which can also be of use to intermediate traders.

Forex brokers which do not provide research tools are usually geared towards seasoned and professional traders, who will rely more on the broker’s analytics offering to execute trades.

WELTRADE shows commitment to its customers’ education and provides several educational tools to assist with training and learning what online trading is all about.

Some of these tools include seminars to develop skills, the MetaTrader Guide to learn how to operate these platforms, as well as others. The demo account offering is also ideal for traders to practice and learn more about markets, charts, strategies etc.


WELTRADE offers a competitive trading environment with both MetaTrader platforms, no commission costs, floating spreads, low minimum deposits and a variety of market instruments to choose from.


The Client understands that the risk of suffering trading losses may be quite significant. The client should analyze his financial capabilities before engaging in trading operations.

The Client realizes that he may completely lose his all initial funds and any additional funds used when trading on the market.

The Client agrees that the company cannot be held responsible for the client’s losses caused, directly or indirectly, by the government restrictions, restrictions of foreign exchange or market rules, suspension of trading, military operations, or ‘force majeure circumstances.

The Client bears full responsibility for the risks associated with the storage of trading account access data and must ensure that third parties cannot access the trade terminals.

The Client’s losses and risks associated with the restoration of access to the trading account place no obligations on the company, other than to provide new access data to the client upon sufficient and unambiguous identification of the client as the holder of this account.

The Client must be informed about additional risks associated with the specifics of functioning of e-trade systems and the problems of Internet communication nodes, according to research.

$1 Minimum Deposit
Open New Account
Regulated in Saint Vincent

Platform Security
Risk-Free & Money-Back
Services & Features
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5.0 Overall Rating

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