⭐ WELTRADE Journal
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WELTRADE Profile
Website
Year
2006
Country
Saint Lucia
Branches
8
Regulation
not regulated
Registration
FSRA Saint Lucia
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Austria, Belarus, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, US
Broker type
MM
Dealing book
B-book
Execution model
DD
Licensed as
Unlicensed
Operating as
Principal
Tier
3
Execution speed
500 ms
LPs total
1
LPs quality
Other
LPs names
TopFX
WELTRADE Accounts
MM
Minimum Deposit
500 $
Leverage
1000 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.5 pips
Commission
0 $/lotRT
Volume
250 lots
Margin Call
100 %
Stop Out
10 %
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, Litecoin, Ethereum, Perfect Money, FasaPay, Tether, Local Transfer Indonesia
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
| Update broker |
- Full listing profile: WELTRADE broker profile
Is WELTRADE safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSRA Saint Lucia
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is WELTRADE trusted?
- Information transparency: sufficient
★★★ - Customer service: not so helpful
★★ - WELTRADE website: highly detailed, updated
★★★★★ - WELTRADE popularity (by visitor count): average
★★★
How WELTRADE works
6.1.16. The Company reserves the right to limit maximum amount of active orders on the Client's account.
6.1.21. The Company reserves the right to cover the Client account negative balance derived from the Client trading operations when trying to manipulate with orders and negative account balance on different accounts, by the Clients' funds on other accounts with the Company.
6.1.24. The Company warns that market spreads of trading instruments can exceed the values stated in specifications during the periods of low market liquidity (the beginning or the end of trading day, releases of statistics and news). The Company is not responsible for such expansions.
https://www.weltrade.com/legal/#terms-of-transactions-and-payment-procedures
10.5. Negative Balance Protection. The Company provides Negative Balance Protection to eligible Clients.
3.2.4. All Trading Instruments operate under special conditions whereby:
a) The Company may modify Spreads, margin requirements, Leverage, Swaps, and maximum volume restrictions at any time without prior notice based on liquidity provider requirements, market conditions, or risk management policies.
b) Spreads on SyntX Accounts depend on current instrument prices and may be amended at the Company’s sole discretion.
https://www.weltrade.com/legal/
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