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Regarding the legitimacy of WeTrade forex brokers, it provides a comprehensive investigation into the security aspects of regulatory LFSA,FSA, and WikiBit, as well as whether there are any negative scam reviews.

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Risk Manage

Is WeTrade safe?

The regulatory license is the strongest proof.

LFSA Straight Through Processing(STP)

Labuan Financial Services Authority

Regulatory Agencies Introduction

Current Status:

Regulated
License Type:
Straight Through Processing(STP)

Licensed Institution:
WeTrade Capital Limited
Effective Date:
--
Email Address of Licensed Institution:
theo@wetradefx.com
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

2nd Floor, Lot 7, Block A, Lazenda Phase III Shophouse, Off Jalan OKK Abdullah, 87008, , F.T., Labuan
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1

FSA Business Registration

Financial Services Authority

Regulatory Agencies Introduction

Current Status:

Offshore Regulated
License Type:
Business Registration

Licensed Institution:
WeTrade International Ltd.
Effective Date:
2022-03-01
Email Address of Licensed Institution:
--
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

--
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1

Is WeTrade a scam, or is it legit?

The latest exposure and evaluation content of WeTrade brokers.

Malicious deduction of excessive handling fees for withdrawals

More than 200 US dollars was deducted as a handling fee for withdrawing money. It's so disgusting. Deduct for deposits and withdrawals.

Black platform

Black platform, unable to withdraw or deposit funds, platform personnel lure with slippage, control personal network.

Malicious deduction of handling fees for withdrawals

There is a handling fee of US$50 for deposits, USDT to USD is 1:1, and a 1% deduction for withdrawals, and then the exchange rate is 4%. $430 was deducted. The withdrawal is $9149. I contacted customer service and they said they couldn't see it.

February 13 more than 160 spread orders were liquidated.

Ridiculous. At 9:30 pm on February 13, the gold order was liquidated at 2033.26. The highest gold price was only 2031.67. More than 160 points spread in such a small data market, nonsense.

WEBTRADER

I CANNOT WITHDRAW MY MONEY I FOUND IN A VIDEO PUBLISHED IN MICROSOFT NEWS A FAMOUS MAN EARNING A LOT OF MONEY AND I DECIDE TO REGISTER AT THE BEGINNING I INCOME ABOUT 250 EUROS AND LATER ABOUT 1000 MORE ALWAYS HARASSING ME IN CALLS SO THAT I ENTER MORE MONEY I DECIDE TO WITHDRAW AND IT IS IMPOSSIBLE TELLS ME IF I WANT TO WITHDRAW I HAVE TO MAKE A TRANSFER TO THEM IN THE CONCEPT OF INTEREST AND COMMISSIONS OF ABOUT 3,500 EUROS. DOING A LITTLE RESEARCH THERE ARE MORE PEOPLE THE SAME AND IT IS A SCAM AND I DON'T DO IT AND ON SOME OCCASIONS THEY MAKE WITHDRAWAL OF MY BANK CARDS. I DECIDE TO REPORT THE CASE. AND MY BANK CANNOT GIVE ME A REFUND OF MY TRANSFERS BECAUSE ACCORDING TO THEM I DID IT ON MY OWN ACCOUNT AND NOBODY FORCED ME TO DO IT

The loss of the position and the deduction of the deposit lead to the liquidation of the position, and the customer is irresponsible in every possible way

The agent moved to the platform, and the phone was not answered, and the call was simply not returned. The loss of more than 8,000 yuan to more than 100 yuan, the real agent was cut, its a pig-butchering scam.

I met a man on the Internet who encouraged me to change platform. I deposited 5,000 US dollars, and after operation reached 8,000 yuan, I lost 6,000 yuan. When I reached 6,000 yuan, I lost 700 yuan a day. When I got back, I lost more than 700 yuan. Before saying that the agent helped me pay 4280 yuan. After that, I couldn’t contact anyone and they didn’t reply. Finally, I left a message in chat group, and he replied. Told me where the money came from and block me. My account number in Zhonghui is 7210919.

You cannot deposit either for three accounts when you want to fill up the position at a critical time, nor to retake the order, that is, you are stuck and cannot deposit funds at the critical moment.

Lots of excuses. Cannot deposit normally. How can the trading be secured?

WeTrade's latest industry rating score is 5.26, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. WeTrade If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

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Is WeTrade a scam, or is it legit?

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