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WeTrade logo

WeTrade Review

Forex BrokerUnknown

WeTrade runs five regulated entities across Cyprus, Australia, Seychelles, Labuan, and St Vincent, though the site itself excludes UK, EU, and Australian residents.

Min Deposit

N/A

Spreads From

0 pips (raw spread claim)

Max Leverage

1:2000 offshore; lower caps apply under CySEC and ASIC entities

Platforms

MetaTrader 4, MetaTrader 5

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

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Pros & Cons

Pros

  • Holds real licenses from CySEC in Cyprus and ASIC in Australia
  • Over 11 years trading under the same brand name
  • Wide range of markets including forex, metals, indices, and crypto
  • Supports MetaTrader 4, MetaTrader 5, and its own mobile app

Cons

  • Main website entity in St Vincent excludes UK, EU, and Australian clients
  • Offshore leverage up to 1:2000 far exceeds normal regulated limits
  • Some reviewers report a past use of a UK FCA number that is not its own
  • Five separate legal entities can make it unclear which one covers you
About WeTrade

WeTrade has traded under this brand for about 11 years. The website is owned by WeTrade International LLC in St Vincent and the Grenadines. Group companies hold real licenses too, WeTrade International CY Limited under CySEC since February 2025, and WeTrade Capital Australia Pty Ltd under ASIC. Sister firms sit in Seychelles and Labuan too.

WeTrade offers forex, metals, energies, indices, stocks, and crypto CFDs, over 120 instruments in total, through MT4, MT5, and its own app. It lists five account types, spreads from 0 pips, and leverage as high as 1:2000 on its offshore entity, far above what CySEC or ASIC would allow their own regulated clients.

Some independent reviewers report a WeTrade branded page once displayed a UK FCA number that belongs to an unrelated firm, Accelows International Ltd, a pattern regulators call firm cloning. The site checked for this review did not repeat that claim, but double check any UK contact details first.

Key Facts

Max Leverage

1:2000 offshore; lower caps apply under CySEC and ASIC entities

Spreads From

0 pips (raw spread claim)

Platforms

MetaTrader 4MetaTrader 5WeTrade SocialWeTrade mobile app
Regulation & Safety
CySEC (Cyprus) — 453/25ASIC (Australia) — AFSL 544624FSA Seychelles (Seychelles) — SD196Labuan FSA (Malaysia) — MB/22/0100SVG FSA (Saint Vincent and the Grenadines) — 1945 LLC 2022
Frequently Asked Questions

Score Breakdown3.7/5
Trust & Safety
0.0/5

Regulation, fund safety, track record

Trading Conditions
0.0/5

Spreads, execution, leverage

Platforms & Tools
0.0/5

Platform quality, charting, features

Research & Education
0.0/5

Analysis, webinars, learning materials

Customer Service
0.0/5

Support quality, responsiveness

Mobile Trading
0.0/5

Mobile app quality, features

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