WELTRADE Company

Weltrade Company: An In-Depth Overview

1. Company Overview

Founding Date and Background

Weltrade Company was established in 2006 by a group of professionals with expertise in international finance and technology. The founders aimed to create a user-friendly and secure trading environment for clients worldwide. Since its inception, Weltrade has grown to become a well-recognized name in the online trading industry.

Parent Company/Ownership Structure

Weltrade operates under the legal entity name System Gates Ltd. It is an international group of companies that functions under a single brand name, ensuring a cohesive identity and operational structure.

Headquarters Location

The company's headquarters is located in Riga, Latvia. Additionally, it has registered entities in various jurisdictions, including Saint Vincent and the Grenadines and South Africa.

Global Business Scope

Weltrade has expanded its services to over 1,000,000 registered traders across more than 40 countries. The company caters to a diverse clientele, offering a range of financial instruments and trading solutions.

Main Regulatory Bodies

Weltrade is regulated by several authorities, including:

• Financial Sector Conduct Authority (FSCA) in South Africa
• Financial Services Authority (FSA) in Saint Vincent and the Grenadines
• Laws of Saint Lucia

These regulatory frameworks ensure that Weltrade adheres to industry standards and provides a secure trading environment for its clients.

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2. Company History and Development

Key Milestones

Weltrade has achieved several significant milestones since its founding:

• 2006: Launch of the company.
• 2010: Introduction of the affiliate program.
• 2012: Rebranding from System Forex to Weltrade.
• 2020: Surpassing 600,000 active traders globally.

Business Expansion Journey

Weltrade has strategically expanded its market presence by opening offices in various countries, including Thailand, Vietnam, Indonesia, and Cambodia. This expansion has enabled the company to tap into new markets and diversify its client base.

Customer Base Growth

Over the years, Weltrade has witnessed substantial growth in its customer base, now exceeding 1,000,000 registered traders. This growth is attributed to the company's commitment to providing quality services and competitive trading conditions.

Platform Development History

Weltrade has continuously enhanced its trading platforms, offering both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The integration of advanced trading tools and features has made these platforms popular among traders.

Important Awards or Recognitions Received

Weltrade has received multiple awards for its services, including recognition as the "Best Forex Broker Asia 2023." Such accolades highlight the company's commitment to customer satisfaction and its standing in the industry.

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3. Trading Services Offered

Forex Trading Options

Weltrade provides access to a wide range of forex trading options, offering over 47 currency pairs. This extensive selection allows traders to diversify their portfolios and engage in various trading strategies.

Stock Trading Options

In addition to forex, Weltrade offers stock trading options, allowing clients to invest in shares from various markets. This feature enhances the company's appeal to a broader range of investors.

CFD Trading Products

Weltrade provides a variety of Contracts for Difference (CFDs), enabling traders to speculate on price movements without owning the underlying asset. This includes options for commodities, indices, and cryptocurrencies.

Other Financial Instruments

Weltrade also facilitates trading in cryptocurrencies and commodities, further diversifying its product offerings. This variety allows traders to explore different asset classes and take advantage of market opportunities.

Special Services or Unique Advantages

Some unique advantages offered by Weltrade include:

• Fast withdrawals processed within 30 minutes.
• A multi-level partner program that provides limitless income potential for affiliates.
• Educational resources, including webinars and market analysis, to support traders in improving their skills.

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4. Regulatory and Legal Background

Detailed Regulatory Information

Weltrade operates under the following regulatory bodies:

• Financial Sector Conduct Authority (FSCA) - South Africa
• Financial Services Authority (FSA) - Saint Vincent and the Grenadines
• Laws of Saint Lucia

These regulatory frameworks ensure compliance with industry standards and protect client interests.

Legal Entity Structure by Region

Weltrade's legal structure includes:

• System Gates Ltd. registered in Saint Lucia
• Weltrade SA registered in South Africa
• Weltrade International Ltd. registered in Saint Vincent and the Grenadines

This multi-jurisdictional structure allows Weltrade to operate legally in various regions while adhering to local regulations.

Client Fund Protection Measures

Weltrade prioritizes the safety of client funds by implementing multi-level security measures, including two-factor authentication (2FA) and robust verification processes. These measures are designed to protect client accounts from unauthorized access.

Countries/Regions Served

Weltrade welcomes clients from around the globe, except for residents of the USA, Canada, EU member states, Belarus, Russia, and other countries with limited access. This broad reach allows the company to cater to a diverse clientele.

Compliance History

Weltrade has maintained a positive compliance history, adhering to regulatory requirements and ensuring transparency in its operations. The company has not faced significant regulatory penalties, reinforcing its reputation as a reliable broker.

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5. Competitive Landscape

Main Competitors

Weltrade faces competition from several notable brokers in the industry, including:

• FXTM (ForexTime)
• Exness
• IC Markets
• HotForex

These competitors offer similar services, making the forex and CFD trading market highly competitive.

Positioning in the Industry

Weltrade positions itself as a leading broker in Asia and other regions, focusing on customer satisfaction, fast withdrawals, and a wide range of trading instruments. Its competitive trading conditions and strong support services help distinguish it from competitors.

Market Differentiation Factors

Weltrade differentiates itself through:

• A user-friendly trading platform with advanced tools.
• A strong focus on customer support with 24/7 availability.
• A commitment to providing educational resources and promotional offers to enhance the trading experience.

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In conclusion, Weltrade Company has established itself as a reputable player in the online trading industry since its inception in 2006. With a focus on customer satisfaction, regulatory compliance, and a diverse range of trading services, Weltrade continues to attract traders from around the world. As it moves forward, the company is well-positioned to adapt to the evolving market landscape and maintain its status as a trusted broker.

For more information about Weltrade, learn more.