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Weltrade Review 2026

Forex BrokerSeychelles
3.7Good
#63 RankedHow we rate

Weltrade is an offshore forex and CFD broker from Saint Lucia, active since 2006, with no genuine regulator over its main trading entity.

Founded 2006PAMM ServiceNo Min Deposit

Min Deposit

$0

Spreads From

0.0 pips

Max Leverage

1:1000

Platforms

2

Overall Rating

3.7

Good

Regulated by FSA (Seychelles)

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Weltrade SA holds a real Financial Sector Conduct Authority license in South Africa
  • Trustpilot rating of 3.9 out of 5 from more than 1,600 reviews
  • Replies to 100% of negative Trustpilot reviews, usually within a day
  • Starting deposit of just $1 on Micro, Universe and SyntX accounts
  • Supports MetaTrader 4, MetaTrader 5 and a dedicated mobile app

Cons

  • Main entity Weltrade Ltd is only an offshore company in Saint Lucia, not licensed
  • The South Africa FSCA license covers intermediary services only, not CFD dealing
  • Independent trackers report earlier licenses in Belarus and Belize were revoked
  • BrokerChooser and similar safety reviewers do not recommend Weltrade
  • Leverage up to 1:10000 on SyntX accounts is far above safe retail limits
  • Trustpilot reviewers report repeated document rejections that delay withdrawals
About Weltrade

Weltrade started in 2006 as SystemForex and later changed its name. The main company today is Weltrade Ltd, registered in Saint Lucia as an international business company. This is a company registration, not a trading license, and Saint Lucia does not require one for CFD brokers.

A related firm, Weltrade SA in South Africa, holds a Financial Sector Conduct Authority license, but only for intermediary services, not for running trades itself. Weltrade offers MetaTrader 4 and MetaTrader 5, spreads from 1.5 pips on its Micro account, and a raw account from 0.0 pips plus commission. Leverage can reach 1:10000 on some accounts.

On Trustpilot, Weltrade scores 3.9 out of 5 from more than 1,600 reviews, and it replies fast to complaints. Yet one star reviews often describe document checks that get rejected again and again when a client tries to withdraw money. BrokerChooser, an independent safety site, does not recommend Weltrade.

Key Facts

Min. Deposit

USD 1

Max Leverage

1:2000, up to 1:10000 on SyntX accounts

Spreads From

0.0 pips (Raw account, plus commission)

Platforms

MetaTrader 4MetaTrader 5WELTRADE TerminalWeltrade Mobile App
Regulation & Safety
FSCA (South Africa) — 50691
Frequently Asked Questions

Full Weltrade Review

Weltrade is a globally operating forex broker established in 2006 and regulated by FSA in Seychelles. With a particularly strong presence in Russia, CIS countries, and parts of Asia, the broker has served retail traders for nearly two decades.

Weltrade offers forex pairs, metals, indices, and cryptocurrencies through MetaTrader 4 and MetaTrader 5. The broker provides a PAMM investment service and social copy trading tools, making it attractive to both active traders and passive investors.

Weltrade is known for competitive trading conditions on its Micro and Standard account types, with no minimum deposit on the Micro account. The broker's loyalty programme rewards high-volume traders with cashback and improved trading conditions.

Account Types
Most Popular

Micro

Min Deposit$0
Spreads1.0 pips

Standard

Min Deposit$250
Spreads0.8 pips

ECN

Min Deposit$500
Spreads0.0 pips
Commission$5/lot
ForexMetalsIndicesCrypto

40+ currency pairs available for trading

Frequently Asked Questions

Weltrade is regulated by FSA (Seychelles). It is not available in USA, UK, or EU.

Yes, Weltrade offers both a PAMM service and social copy trading for retail clients and investors.
Score Breakdown3.8/5
Trust & Safety
3.6/5

Regulation, fund safety, track record

Trading Conditions
3.9/5

Spreads, execution, leverage

Platforms & Tools
3.9/5

Platform quality, charting, features

Research & Education
3.7/5

Analysis, webinars, learning materials

Customer Service
3.9/5

Support quality, responsiveness

Mobile Trading
3.9/5

Mobile app quality, features

Quick Facts
Min Deposit
$0
Spreads From
0.0 pips
Max Leverage (Retail)
1:1000
Headquarters
Mahé, Seychelles
Founded
2006
Currency Pairs
40+
Commission
From $5/lot (ECN)
Withdrawal Time
1–2 business days

Regulators

FSA (Seychelles)

Platforms

MetaTrader 4MetaTrader 5
Trading Platforms
MetaTrader 4MetaTrader 5
Regulation
  • FSA (Seychelles)
Not Available In
USAUKEUCanada
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