XM Forex Penguin

XM Forex Penguin


Last Updated: Nov 27, 2023 @ 11:39 pm


A Quick Summary of Weltrade

🕵 Broker TypeSTP
📌 RegulatedFSCA (South Africa)
💰 Min Deposit$1
💹 EUR/USD Spread1.5 Pips
📈 Demo AccountYes
💱 Base CurrenciesAUD, CAD, CHF, EUR, GBP, NZD, USD
📊 PlatformsMT4, MT5, Mobile, Web
💎 AssetsCommodities, Cryptos, Energies, Indices, Forex, Metals
📉 Hedging AllowedYes

Weltrade Broker Details

Broker Contacts

Email Icon
support@weltrade.com, info@weltrade.com, finance@weltrade.com, partner@weltrade.com
Phone Icon
Chat Support Icon
Chat Support
Live Chat Available Whatsapp Available
Social Media Icon
Social Media
Facebook LinkedIn Instagram

Company Profile

Company Icon
Company Name
Systemgates Limited
Year Icon
Year Founded
Headquarter Icon
Limassol, Cyprus
Regulated Icon
FSCA (South Africa)
Country Icon
Countries Not Accepted
Austria (AT), Belarus (BY), Belgium (BE), Bulgaria (BG), Canada (CA), Croatia (HR), Cyprus (CY), Czech Republic (CZ), Denmark (DK), Estonia (EE), European Union (EU), Finland (FI), France (FR), Germany (DE), Greece (GR), Hungary (HU), Ireland (IE), Italy (IT), Latvia (LV), Lithuania (LT), Luxembourg (LU), Malta (MT), Netherlands (NL), Poland (PL), Portugal (PT), Romania (RO), Russian Federation (RU), Slovakia (Slovak Republic) (SK), Slovenia (SI), Spain (ES), Sweden (SE), United States (US)
Broker Type Icon
Broker Type
Straight Through Processing (STP)

Trading Conditions

Demo Account: Yes
Minimum Deposit: $1
Minimum Withdrawal: $5
Maximum Leverage: 1:1000
Average Spread EUR/USD: 1.5 Pips
EA/Robotrading: Yes
Base Currency: AUD, CAD, CHF, EUR, GBP, NZD, USD
Hedging Allowed: Yes
Scalping Allowed: Yes
Negative Balance Protection: Yes
Swap Free/Islamic Account: Yes
Social Copy Trading: Yes
Trading Instrument Icon
Available Trading Instruments
Commodities CFDs, Cryptocurrencies, Energies CFDs, Equity Indices CFDs, Forex Pairs CFDs, Precious Metals CFDs
Payment Processor Icon
Available Payment Processors
Bank Wire, BitCoin, Cryptocurrency, Ethereum, FasaPay, Liteсoin, Local Transfers, Mastercard, Neteller, Perfect Money, Skrill, USDT, VISA
Trading Platform Icon
Available Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile Platform, Web Platform

Frequently Asked Questions About WELTRADE

✅ Does WELTRADE offer leverage?

Yes, WELTRADE offers maximum leverage of 1:1000

✅ What spreads can I expect with WELTRADE?

WELTRADE offers floating spreads from 0.5 pips, depending on the account type.

✅ Which live trading accounts does WELTRADE offer?

WELTRADE offers the following account types, each with its own benefits:
◉Micro Account
◉Premium Account
◉Pro Account

✅ Is WELTRADE regulated?

Yes, WELTRADE is regulated by the Financial Services Authority (FSA) Saint Vincent and the Grenadines and Financial Service Provider (FSCA) South Africa.

✅ Is WELTRADE a recommended forex trading broker for experts and beginners?

Yes, WELTRADE caters to the needs of both beginner and experienced traders.

Featured Brokers on Forex Penguin

Leave a Comment