Weltrade Forex Broker

After approved, you can trade and get the rebate by Weltrade system. Weltrade has virtually no market analysis materials, except for a basic Economic Calendar. Weltrade’s educational materials are extremely limited compared to what’s available at other similar brokers. An impressive array of analytical tools, available in nine timeframes for each financial instrument. A built-in library of more than 50 indicators and tools to streamline the analysis process.

Segregation of clients’ funds by putting it in different accounts from the company’s operating funds. Weltrade does its best to ensure all its clients are satisfied with their product. A glance at Weltrade customer comments and review shows that has managed to do this perfectly. Among the notable area are in customer care where its customer care personnel work round the clock to ensure that its clients are served well and all their queries answered and solved.

What is XTI oil?

XTIUSD is a commoditiy based on West Texas Intermediate crude oil; it can be considered US Oil.

The companyWeltradereserves the right to cancel the bonus funds from the client account without prior notice or explanation. Weltradealso reserves the right to amend or modify the campaign terms without prior notice. This trading platform provides full control over trading account from any place with access to 30 technical indicators and direct trading from chart. Overall, Weltrade’s trading tools are somewhat limited compared to other brokers, and it would do well to add more technical and fundamental analysis tools to its offering. Note that a spread mark-up of 2.9 pips (EUR/USD) in addition to a trading commission of 1.5 pips will be applied to every trade. This is relatively expensive , so traders should be aware of these costs before opening a Zulutrade Account.

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An STP broker, Weltrade offers a range of accounts with higher minimum deposits linked to tighter spreads and better trading conditions. However, trading conditions are generally poor compared to other brokers, world currencies with spreads of 1.50 pips on its entry-level accounts. Trading conditions improve on the Pro account, with spreads of 0.5 pips (EUR/USD), but this is in exchange for a minimum deposit requirement of 500 USD.

This is to ensure all Weltrads clients of the safety and security of their assets. An economic calendar is a valuable tool that helps Forex forex traders keep up to date with the relevant economic information scheduled to be released and which may impact the currency markets. If a Forex Trader has the conditions above, they can open a forex trading account to use Weltrade. Yes, Weltrade has a News Blog for Forex News on the official website. The news blog allows forex traders to filter results on global news as well as regional and national, the time zone, date parameters, and the level of importance of an event. Regulated brokers are obliged to keep client funds in segregated accounts separate from operational funds.

Deposit Bonus

Likerebateforex is the best forex auto-rebate / forex auto-cashback / forex direct discount / forex special discount services. We have offered the highest rebate rate 100% of our IB commissions. All rebates are calculated https://en.forexpamm.info/ and paid by the broker system directly. For traders that trade in large volumes , it is better to open an account denominated in USD at a digital currency bank, especially for trading on assets such as the EUR/USD.

WELTRADE offers both fixed and variable spreads, as well as little to no commission charges, depending on the type of account and instrument. For every trade placed, the trader will have to pay a certain amount in costs or commissions. These costs vary from broker to broker, but they are usually a relatively low amount, and are often the only cost of trading which a trader is likely to incur. Most forex broker firms handle only a very small portion of the volume of the overall foreign exchange market.

What does WTI stand for?

West Texas Intermediate (WTI) is a light, sweet crude oil that serves as one of the main global oil benchmarks. It is sourced primarily from inland Texas and is one of the highest quality oils in the world, which is easy to refine. WTI is the underlying commodity for the NYMEX's oil futures contract.

Premium account comprises optimal set of trading instruments. Account Micro is designated for the solidifying of skills of the beginning traders. Clients’ accounts need to be intertrader deposit bonus verified before getting the prize. Contact Weltrade support with this code, you will get the bonus. Reveal your top competitors and find potential or emerging competitors.

Trading Conditions

You must understand that Forex trading, while potentially profitable, can make you lose your money. Convenient and comprehensive analysis tools and trading accounts management. WELTRADE offers floating spreads from 0 pips, depending on the account type. Newbie traders will want to find a broker which offers enough research and training tools in order to acquire the necessary skills to make profitable trades. WELTRADE gives customers access to a number of research tools to help make informed trading decisions at minimal risks.

WELTRADE offers a competitive trading environment with both MetaTrader platforms, no commission costs, floating spreads, low minimum deposits and a variety of market instruments to choose from. For you to be able to execute trades with Weltrade, you will need to have a trading account. Weltrade will provide this accounts in various types that are designed dependent on different clients' needs.

With over 14 years of business in forex trade and ECN, Weltrade has gained the trust of over 300,000 traders. Weltrade does the majority of its business in Asia, such as Malaysia, Indonesia, Thailand, and Vietnam. Where online support is concerned, Weltrade offers the option for Live Chat, with queries answered within seconds, with online support available 24/7. No, Weltrade is not a legit Forex Broker and Trade Platform. Weltrade does not have any legal certificates, authorization, or regulation to perform Forex Broker and trading services. WELTRADE offers several instruments across forex, metals and CFDs.

Is Lexatrade regulated?

LexaTrade will always be on your side to protect your rights. Before becoming a trader on the exchange, we recommend you get acquainted with legal documentation. For your convenience, we have assembled all the necessary legal and regulatory information in one place.

MetaTrader4 and Metatrader 5 are available on IOS, Android, and Windows mobile phones and tablets. The app will connect to the same account as the desktop software, allowing a synchronised and mobile trading experience. Weltrade offers a range of payment methods, and while deposits are free, withdrawals are expensive. Currency Pair Weltrade’s non-trading fees are average compared to other brokers. Weltrade strives to improve direct communication with its clients, which is apparent through their multiple customer service awards. Weltrade is an internationally respected broker that aims to provide exceptional customer communication and relations.

Weltrade Forex No Deposit Bonus

The client should analyze his financial capabilities before engaging in trading operations. Customer support can be requested via live chat, email, telephone, or a direct message on the company’s website. It covers customers in Indonesia, Cambodia, Thailand, Vietnam, Mexico, Laos, Peru, Colombia, Argentina, China, and several others. Ultimately, deciding which leverage level to choose depends on the individual trading strategy and the actual vision of upcoming market moves. Not all brokers participate in awards, and therefore this aspect should be taken into consideration with the overall broker offering.

  • The news blog allows forex traders to filter results on global news as well as regional and national, the time zone, date parameters, and the level of importance of an event.
  • Weltrade offer somethings such as the MetaTrader 4, MetaTrader 5, and MT Mobile currency trading top platforms.
  • To open a Forex Trading account with Weltrade, a trader should follow the steps below.
  • If you would like to add details to this online Weltrade or you find inaccurate details Weltrade Capital broker review please get in touch with us and the changes will be applied.
  • There is no information presented on the official Weltrade website on how client funds are managed and how they are kept secured by the broker.

These platforms are highly customizable, user-friendly as well as available on desktop and multiple iOS and Android devices. These include cash puzzles, crypto war promotions, the Mega Contest 2020, Free iPhone 11 Pro Max, Bonus 100%, No-Commission Deposit, and several others. Finding a reputable WELTRADE review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. Not paid profit.not five solution.realy dissapointed with this broker.i hope nobody one use this broker. It accepts the euro and the United States dollar as its base currency of operation.

Weltrade Forex Broker Description

Assets include 37 currency pairs, 15 of the top cryptocurrencies, and precious metals and oils. Weltrades also keeps all its clients’ funds in segregated accounts from the company’s own funds to further client security. Weltrades also stores funds incredible in banks, such as the Baltikums Bank in Latvia. The Baltikums bank is an international private bank that creates personalized solutions for financial institutions, enterprises, high-net-worth individuals.

Foxrebate is not responsible for the loss of client funds caused by partner brokers for any reason. Foxrebate is forex cashback provider partnered with regulated forex brokers . We are not part of broker only as introducer broker and forex cashback services. For beginner currenex trading platform traders who want low minimum deposits and prefer to trade in smaller trade sizes, Weltrade may be a tempting option. However, ongoing trading costs are higher than most other brokers, and Weltrade is not regulated, so trading security and safety cannot be verified.

Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Traders often seek out brokers which provide a decent research offering, as proper analytical tools can play a key role in executing profitable trades on the often volatile Forex market. As with currency exchange markets, commodity markets offer different investment opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty.

This is an absolutely honest and sincere review of Weltrade. WELTRADE is an offshore broker and regulated by the government of Saint Vincent and Grenadines, the Financial Services Authority . The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.

Can I trust OctaFX?

OctaFX is considered high-risk, with an overall Trust Score of 66 out of 99. OctaFX is not publicly traded and does not operate a bank. OctaFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

Due to jurisdictional restrictions, the company does not offer its services to residents of the United States and Canada. Overview Foreign exchange regulation is a form of financial regulation specifically aimed at monitoring and standardizing the Forex market. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Premium Account Features Include:

The Forex leverage size usually exceeds the invested capital by several times. Traders should also keep in mind potential hidden fees that some brokers might charge, which include inactivity fees, monthly or quarterly minimums, and margin costs. A commission is similar to the spread in that it is charged to the trader on every trade placed. The trade must then attain profit in order to cover the cost of the commission. The cost of trading is the overall expense that a forex trader incurs in order to run their trading business. Leverage, in the highly competitive world of forex trading, can either work for or against a trader.

What is OctaFX bonus?

OctaFX offers all new clients a free $8 Welcome Bonus on opening an account. Clients can use this money to trade in the live markets and gather market knowledge before putting their own money at risk.

The commission-free trade bonus in Weltrade provides forex traders with trading credit based on their initial deposit and the exchange rate of the financial instrument that they trade. MetaTrader 4 offers Forex traders some of the best analytical technologies and a variety of additional services when they trade with Weltrade. Forex traders have everything that they need for forex trading all rolled into one user-friendly, powerful trading platform. MetaTrader 4 offers 3 execution modes, nine timeframes for trading, more than 1700 trading robots, and more than 2100 technical indicators. Retail currency traders use these brokers to gain access to the 24-hour currency market for purposes of speculation.

These tools are also meant to protect trader’s funds and assets. Different account types under Weltrade will have unique fee requirements and commissions. As discussed earlier, only the ZuluTrade and Digital accounts have a commission fee. The margin is collateral that Weltrade requires and that forex traders must pay before they can execute a trade, with the help of leverage, margin requirements are significantly lowered. According to the Forex Suggest review, Weltrade is a good broker for trading speed and online support but not for security or cryptocurrencies.

Open a Zulutrade Account and make a deposit of at least 200 USD. Local Bank Transfers – Deposits are instant, and only bank charges apply. Additionally, while no inactivity fees are charged, an account with no activity for one month, with an account balance of less than 1 USD will be archived. However, as an unregulated broker, any statements it makes regarding its operations cannot be verified. FxScouts follows a strict editorial standard in our review process.