Weltrade Review 2021

Weltrade is an established online broker providing tight spreads & powerful tools.

Weltrade is a multiple award-winning broker that offers traders Forex, CFDs, commodities, cryptocurrencies. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at Weltrade.

In terms of features offered to traders, Weltrade has Demo Accounts, Social Trading, Signals and Auto Trading but is missing Islamic Accounts.

Cryptocurrency traders have a very decent number of coins to trade at Weltrade, 10 in fact: BCH, BTC, DSH, EOS, ETH, LTC, NEO, XMR, XRP and ZEC.

Please note that Weltrade is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.

Weltrade Summary

Weltrade is an established online broker providing tight spreads & powerful tools.

Ratings

40%
Trust
50%
Instruments
85%
Features
BonusNone
InstrumentsForex, CFDs, commodities, cryptocurrencies
Demo Account
Min. Deposit$25
Min. Trade0.01 lots
Regulated By
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Diversify your trading portfolio with CFDs.

Leverage1:1000
FTSE SpreadN/A
GBPUSD Spread2.1
Oil Spread7
Stocks SpreadN/A

Forex Trading

Weltrade provides leveraged trading in the highly-liquid FX market.

GBPUSD Spread2.1
EURUSD Spread1.5
EURGBP Spread2.4
Assets37

Cryptocurrency Trading

Trade crypto-only pairs and crypto coins against fiat currencies.

SpreadFloating from zero
CoinsBCH, BTC, DSH, EOS, ETH, LTC, NEO, XMR, XRP, ZEC

Payment Methods

Weltrade accepts the following payment methods:

  • Neteller
  • Skrill
  • Visa
  • Perfect Money
  • EasyPay
  • Cashu

Awards

Weltrade is a multiple award-winning broker, with 4 awards received so far.

  • Best Foreign Broker 2019 - Asia Forex Expo
  • Best Customer Service 2017 - Forex Choice
  • Best Trade Executions 2015 - China FX Expo
  • Best Customer Service Russia 2014 - Global Financial Market Review
Risk Warning – Your capital is at risk

FAQ

Is Weltrade Safe?

Yes, most likely, as we gave Weltrade a trust score of 40% in this review. The main negative factor in this score is that Weltrade is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does Weltrade Accept PayPal?

No, Weltrade does not accept PayPal payments.

Is Weltrade Halal?

Probably not, as Weltrade does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

What trading platforms does Weltrade support?

With Weltrade you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.

Is Weltrade Regulated?

No, unfortunately Weltrade is unregulated as far as we know. Prudent traders will want to check out the list of FCA regulated brokers for alternatives.

Weltrade vs Other Brokers

If you want to compare Weltrade with other brokers, use the detailed comparisons below.

Weltrade vs
Weltrade is an established online broker providing tight spreads & powerful tools.