Weltrade is an international online brokerage firm established in 2006, specializing in forex and CFD trading. The company operates under the name System Gates Ltd and is headquartered in Saint Vincent and the Grenadines, with additional offices across various countries, including Thailand, Ukraine, and Russia. Weltrade primarily serves retail clients, providing them access to a wide range of financial instruments and trading services.
Since its inception, Weltrade has grown significantly, now catering to over 600,000 traders from 180 countries. The broker has received multiple awards, including "Best Foreign Broker" at the 2019 Asia Forex Expo and "Best Client Support" in 2017. These milestones reflect the company's commitment to delivering quality trading experiences and customer service.
Weltrade operates as a private company, focusing on retail forex trading, offering services such as algorithmic trading, copy trading, and a variety of account types tailored to different trader needs. As a broker, Weltrade aims to provide a transparent and user-friendly trading environment, making it a suitable choice for both novice and experienced traders.
Weltrade is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, holding the license number 50691. This regulatory oversight helps ensure that the broker operates within established legal frameworks, promoting trust and security among its clients. Additionally, Weltrade is registered in Saint Vincent and the Grenadines, where it operates under the company number 24513 IBC 2018.
The broker adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures to protect clients and prevent fraudulent activities. Client funds are held in segregated accounts, ensuring that they are not used for operational expenses. However, it's important to note that while the FSCA provides a level of regulation, it is not considered a top-tier authority compared to regulators like the UK's FCA or Australia's ASIC.
Weltrade's regulatory framework and compliance practices are designed to safeguard clients' investments, but traders should remain aware of the potential risks associated with trading through brokers registered in offshore jurisdictions.
Weltrade offers a diverse range of trading products, including:
Weltrade is known for its competitive trading conditions, offering low spreads and high leverage options, making it a viable choice for traders looking to diversify their portfolios.
Weltrade supports the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are known for their advanced charting tools, technical analysis capabilities, and automated trading features. Both platforms are available for desktop, web, and mobile devices, providing traders with flexibility and accessibility.
In addition to MT4 and MT5, Weltrade has developed its own proprietary trading platform, designed to enhance the trading experience with direct market access and a user-friendly interface. The platforms support various execution modes, including market execution, which ensures timely order processing.
Weltrade's infrastructure is backed by reliable technology, with servers located in strategic locations to minimize latency and enhance trade execution speeds. The broker also supports API access, enabling traders to implement automated trading strategies effectively.
Weltrade offers several account types to cater to different trading needs:
All accounts allow for a minimum trade size of 0.01 lots, and traders can benefit from negative balance protection, ensuring that they do not lose more than their initial deposit.
Weltrade offers a variety of deposit and withdrawal methods, including:
Overall, Weltrade provides a flexible and user-friendly approach to funds management, allowing traders to access their capital efficiently.
Weltrade prides itself on offering robust customer support, available 24/7 through multiple channels, including:
The broker supports multiple languages, ensuring that clients from diverse backgrounds can communicate effectively.
In terms of educational resources, Weltrade provides a range of materials, including webinars, tutorials, and market analysis. While the educational offerings are less extensive compared to some competitors, they still provide valuable insights for both novice and experienced traders.
Weltrade primarily serves clients in regions such as Asia, Latin America, and parts of Europe. The broker has established offices in countries like Thailand and Ukraine, enhancing its local presence and support capabilities.
However, Weltrade does not accept clients from certain countries, including the USA, Canada, Belarus, and Russia. This limitation may affect potential traders looking to open accounts from these regions.
In summary, while Weltrade offers a competitive trading environment with a variety of products and services, potential clients should carefully consider the regulatory status and regional restrictions before engaging with the broker.
In conclusion, Weltrade broker provides a comprehensive trading experience with its diverse account types, competitive trading conditions, and robust customer support, making it a suitable choice for traders of all experience levels. However, traders should remain vigilant regarding the regulatory landscape and ensure they are comfortable with the associated risks before trading.
FX1197444514
Malaysia
During my time with Weltrade, I have never encountered any issues. Deposits and withdrawals have always been smooth and problem-free. From my experience with several brokers, I can say that Weltrade is among the best in terms of live trading data. I always refer to it for daily trading. Thank you, Weltrade 🌼😊
Positive
2025-06-25
FX2870464497
Hong Kong
After submitting a withdrawal request, they didn't allow it. The customer service said it needed to be reviewed, but didn't give a reason. They've been dragging this on for half a year and still haven't allowed the withdrawal. I advise everyone to stay away from this scam platform!
Exposure
06-11
FX1188004463
Indonesia
weltrade, now very easy to access because there is an application, deposit and withdrawal are very easy and many choices. 4 years already using weltrade
Positive
2025-06-25