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I would like to start the conversation about Weltrade with a good thing. By visiting the site, the client can quickly navigate the necessary topics. Thanks to convenient navigation, time is significantly saved. If Weltrade has also tried to please customers in other areas, then cooperation with a broker can be very useful. But let’s not jump to conclusions.
What does Weltrade offer you?
You can generate real profits in the financial markets, through trading in oil, gold, fiat and cryptocurrencies. With Weltrade, withdrawals are made in 30 minutes – at least that’s what they claim. Free funds can be kept in a safe, with the condition of accrual of 12% per annum on them. Every day, you can win cash prizes if you accept different tasks.
There are 5 trading platforms, opportunities to receive a bonus and cooperate with an affiliate program at your service. Contests are held for traders. It is possible to replenish without commission. The key points that can be noted about the Weltrade broker are:
- Impeccable dealing.
- Low spreads.
- Weltrade has no requotes on the official website.
- 77 financial instruments.
- Providing Weltrade leverage up to 1:1000.
- Instant execution of trades.
- Use of the popular MetaTrader platform, versions 4 and 5, to enter the financial markets.
Refinement
Those who wish can see how Weltrade has developed over the past 14 years. Keep in mind that the company is registered in Saint Vincent and the Grenadines, but this fact is not an indicator of deliberately unscrupulous work of the intermediary. Money is withdrawn and deposited via bank transfer, plastic cards, payment systems, electronic wallets.
A table with account types makes it much easier to understand the differences between them. First of all, it is the entry threshold. $25 is enough to open a micro account. The main currency of the account is the US dollar, rarely the euro. The spread is floating, from 0 pips. The type of execution is market.
Quotes have 5 decimal places. The minimum volume for one order is 0.01. The maximum is one thousand. No more than 150 positions can be opened at the same time. The maximum amount of cash (equity) is unlimited. Customers like this point, that’s why they write positive reviews about Weltrade.
For margin calls, the values are 40% and 20%, and for stop out – 20% and 10%, respectively. Fees may apply. Automated trading is allowed. Swap is taken into account. On the “Trading Instruments” tab, you can see the details of each of them.
Basic data
The company was founded in 2007. Negative reviews written about Weltrade are about large spreads and swaps. People claim that other market participants have several times lower rates. Basically, no one is forcing you to work with the company. Conclude agreements with those brokers that seem more interesting and suitable to you in terms of trading conditions. But it’s one thing to make promises, and quite another to take responsibility for keeping those promises. Are you sure that you will get the expected financial result in the end?