WELTEX Forex Broker

WELTEX Review SummaryFounded2-5 yearsRegistered Country/RegionPolandRegulationUnregulatedMarket InstrumentsForex/Indices/Commodities/SharesDemo Account/LeverageUp to 1:400SpreadFrom 0.1 pipsTrading PlatformWeltex(Android/IOS)Min Deposit$10000Customer SupportPhone: +48 51 801 83 73Email: support@weltex.coWELTEX Information WELTEX is a broker. Its tradable instruments include forex, indices, commodities, and shares. The broker also provides six accounts with a maximum leverage of 1:400. The minimum spread is 0.1 pips, and the minimum deposit is $10000. However, due to its unregulated status, WELTEX is still risky.Pros and ConsPros Cons Leverage up to 1:400Unregulated24/5 customer supportMT4/MT5 unavailableVarious tradable instrumentsNo specific transfer methodSpread from 0.1 pipsUnspecific transfer time and fee informationUnclear swap feeInaccessible official websiteIs WELTEX Legit? WELTEX is not regulated, making it less safe than regulated brokers.What Can I Trade on WELTEX? WELTEX offers 100+ market instruments, including forex, indices, commodities, and shares.Tradable Instruments Supported Forex✔Indices✔Shares✔Commodities✔Stocks❌Cryptocurrencies❌Precious Metals❌ETFs❌Bonds❌Mutual Funds❌Account Type WELTEX has six account types: standard, bronze, silver, gold, VIP, and pro. Traders who want low leverage can choose standard, bronze, and silver accounts, while those with a sufficient budget can open a pro account.Account Type StandardBronzeSilverGoldVIPProLeverage1:2001:2001:2001:2001:3001:400Margin loanUp to 25%Up to 30%Up to 35%Up to 50%Up to 75%Up to 100%Minimum Deposit$10000$25000$50000$100000$250000$1000000WELTEX Fees The spread is from 0.1 pips. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.Trading Platform WELTEX provides a propriety trading platform available in Android and iOS versions, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.Trading PlatformSupported Available Devices Weltex✔Android/IOSDeposit and Withdrawal The minimum deposit is $10000. However, the official website is inaccessible, so transfer processing times, methods, and associated fees are unknown.