Weltrade  is a forex broker site that was founded in 2006 and has its major offices in Saint Vincent and Grenadines. Being a forex broker, it is able to connect traders around the globe to different trading platforms where they can execute their trade upon depositing some funds to their trading account.

REGULATION

Weltrade is operated by systemgates limited which is registered and regulated under the jurisdiction of Saint vincent and Grenadines. This makes it to be regulated by FSA( Financial ServiceAuthority).

DEPOSIT AND WITHDRAWAL METHOD

Weltrade provides several ways of depositing and withdrawing funds on their platform. Some of them are neteller, skrill,, visa card, perfect money ,fasapay and crypto. Deposit is instantly while withdrawal takes up to 30 minutes . Traders can deposit and withdraw as little as $25 on their trading account.

TRADING PLATFORMS

In Weltradeplatform, there are two platforms being offered to traders. That is MT4 and MT5. Traders can use both webtrader as well as they can download the app to their computer or their mobile devices.

CATEGORY OF ACCOUNTS

In weltrade platform, there are 5 categories of  accounts being offered. There is micro(cent), premium, pro,zulutrade and digital account. Micro account is considered as a cent account while the rest are considered as standard account. In all the accounts, the minimum lot size is 0.01 lot while the minimum amount to deposit is $25, $200,$500,$200 and $50 respectively. 

SPREAD

This is the transaction cost that is being charged by brokers whenever a trader opens a certain position. It is the difference between the buy and sell. In weltrade, there will be a 2 pip charged whenever a position is being opened for all the accounts.

MINIMUM LOT SIZE

In forex trading, lot is the amount to be executed by a trader. 1 lot is equivalent to 100,000 units in forex trading. The minimum lot size in cent account will be 0.0001 while in premium, pro,zulutrade and digital account, it will be 0.01lot.

MAXIMUM LEVERAGE

This is the borrowing ratio that gives the trader the power to open positions. The maximum leverage that a trader can use in weltrade is 1:1000. That is, if the trader has $100 in their account, then he/she can be in a position of opening a position size of up to $100,000 if he/she chooses to use the leverage of 1:1000.

OPENING A TRADING ACCOUNT

Now that you have an idea about weltrade broker, it is time to open a trading account with them. You can simply follow the link from below and open an account and make sure to upload the required documents in order for your account to be verified;

https//:www.weltrade.com