Weltrade broker Accounts

weltrade Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: weltrade Account Types Explained

Weltrade offers a variety of account types tailored to meet the needs of different traders, from beginners to experienced professionals. Heres a breakdown of the available account types:

1. Micro Account

• Minimum Deposit: $1
• Spread/Commission Structure: Spreads from 1.5 pips, no commission
• Leverage Options: Up to 1:1000
• Key Features: Ideal for beginners, allows trading in micro lots
• Target User Profile: New traders or those with limited capital
• Trading Instruments Available: Forex, metals, commodities, indices

2. Premium Account

• Minimum Deposit: $25
• Spread/Commission Structure: Spreads from 1.5 pips, no commission
• Leverage Options: Up to 1:1000
• Key Features: Lower spreads, suitable for more active traders
• Target User Profile: Intermediate traders looking for balanced conditions
• Trading Instruments Available: Forex, metals, commodities, stocks, indices

3. Pro Account

• Minimum Deposit: $100
• Spread/Commission Structure: Spreads from 0.5 pips, no commission
• Leverage Options: Up to 1:1000
• Key Features: Tighter spreads, faster execution, designed for active trading
• Target User Profile: Experienced traders seeking cost efficiency
• Trading Instruments Available: Forex, metals, commodities, stocks, indices

4. SyntX Account

• Minimum Deposit: $1
• Spread/Commission Structure: Spreads from 0 pips, commission from $3 per lot
• Leverage Options: Up to 1:10000
• Key Features: Trading on synthetic instruments
• Target User Profile: Traders interested in unique financial products
• Trading Instruments Available: Synthetic instruments combining various assets

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Micro Account
• Intermediate Traders: Premium Account
• Advanced Traders: Pro Account
• Specialized Traders: SyntX Account

Part 2: weltrade Account Features Comparison

Detailed weltrade Account Features

Heres a comparison of the features across different account types:

• Minimum Deposit:

• Micro: $1

• Premium: $25

• Pro: $100

• SyntX: $1

• Maximum Leverage:

• All accounts: Up to 1:1000 (SyntX offers up to 1:10000)

• Spreads (Typical/Minimum):

• Micro: From 1.5 pips

• Premium: From 1.5 pips

• Pro: From 0.5 pips

• SyntX: From 0 pips

• Commission Fees:

• Micro: None

• Premium: None

• Pro: None

• SyntX: From $3 per lot

• Lot Size:

• Micro: Micro lots

• Premium: Mini/Standard lots

• Pro: Standard lots

• SyntX: Custom contracts

• Available Trading Platforms:

• All accounts: MT4, MT5, and proprietary platforms

• Execution Type:

• All accounts: Market execution

• Islamic Account Availability:

• Available for all account types upon request

• Swap-Free Options:

• Available for all account types

• Demo Account Features:

• Available for all account types with virtual funds

Advantages of Each Account Type

• Micro Account:

• Low minimum deposit

• Ideal for learning and testing strategies

• Low-risk environment

• Premium Account:

• Lower spreads for active trading

• Access to a wider range of instruments

• Suitable for intermediate traders

• Pro Account:

• Tight spreads for cost-efficient trading

• Fast execution speeds

• Designed for high-frequency trading

• SyntX Account:

• Unique trading opportunities with synthetic instruments

• High leverage options

• Low minimum deposit

Disadvantages of Each Account Type

• Micro Account:

• Limited trading volume

• Higher spreads compared to Pro Account

• Premium Account:

• Slightly higher minimum deposit than Micro Account

• Pro Account:

• Higher minimum deposit required

• May not be suitable for beginners

• SyntX Account:

• Commission fees may reduce profitability

• Complexity of synthetic instruments may deter some traders

Part 3: weltrade Account Opening Requirements

weltrade Account Registration Requirements

To open a weltrade account, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Not available for residents of the USA, Canada, EU, Russia, Belarus, India, or jurisdictions where services are unlawful
• Prohibited Countries: USA, Canada, EU, Russia, Belarus, India
• Identity Verification Documents Needed:
• Government-issued ID (passport, national ID)
• Proof of residence (utility bill, bank statement)
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

Weltrade adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring users to verify their identity and address before trading.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: weltrade Account Opening Process

Step-by-Step weltrade Account Opening Guide

1. Visit the Website: Go to the official Weltrade website.
2. Click Registration: Find and click the "Open Account" button.
3. Personal Information Entry: Fill in your personal details, including email and password.
4. Choose Account Type: Select the account type you wish to open (e.g., Micro, Premium, Pro, SyntX).
5. Set Trading Preferences: Specify your trading preferences if applicable.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit funds using available payment methods (credit card, bank transfer).
9. Start Trading: Access your account and begin trading on your chosen platform.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, with the mobile app providing a more streamlined experience for quick access.

Common Registration Issues and Solutions

• Issue: Document upload failures

• Solution: Ensure documents are clear and meet the required format.

• Issue: Delayed verification

• Solution: Check if all required documents have been submitted.

Average Account Approval Time

Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

Account types can be changed by contacting customer support or through the account management section in your profile.

Part 5: weltrade Demo Account Information

weltrade Demo Account Guide

• Demo Account Features and Benefits:
• Allows practice trading with virtual funds
• Access to all trading instruments
• Ideal for testing strategies without financial risk

How to Open a Demo Account

1. Register on the Weltrade website.
2. Select the option to open a demo account during the registration process.

Demo Account Limitations

• Virtual balance may be limited compared to live accounts.
• May have a time limit on usage (typically 30 days).

Virtual Balance Amount

The demo account usually comes with a virtual balance of $10,000 or more, depending on the broker's policy.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Market conditions may differ slightly due to liquidity and slippage.

Duration/Expiry of Demo Accounts

Demo accounts typically expire after 30 days of inactivity, but this can vary based on the broker's policies.

Part 6: weltrade Islamic Account Details

weltrade Islamic Account Availability

Weltrade offers swap-free accounts for traders who require compliance with Islamic finance principles.

Eligibility Requirements

To qualify for an Islamic account, traders must provide a declaration of their need for a swap-free account.

Differences from Standard Accounts

Islamic accounts do not incur swap fees, making them compliant with Sharia law.

How to Apply for Islamic Account

Traders can request an Islamic account during the registration process or by contacting customer support after opening a standard account.

Restrictions or Special Conditions

Islamic accounts may have specific conditions regarding trading strategies and instruments.

FAQs – weltrade Account Types & Opening

1. What account types does weltrade offer？

• Weltrade offers Micro, Premium, Pro, and SyntX accounts.

1. What is the minimum deposit for each account type？

• Micro: $1, Premium: $25, Pro: $100, SyntX: $1.

1. How long does weltrade account verification take？

• Verification typically takes 1-3 business days.

1. Does weltrade offer demo accounts？

• Yes, weltrade provides demo accounts for practice trading.

1. Can I have multiple account types with weltrade？

• Yes, traders can open multiple account types.

1. Does weltrade offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available upon request.

1. What documents do I need to open a weltrade account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.