The Weltrade company had increased the spread for Gold, almost 1600 % from what it usually was and my account could not withstand. Moreover, Systemgates Ltd aka Weltrade is changing its registration every single year, from one offshore country to another. In 2016 it was Vanuatu, in 2017 it was Belize and in 2018 it is Saint Vincent and the Grenadines. I found out that Systemgates Ltd has no licence whatsoever to engage in forex trading since the Financial Services Authority does not issue.

Weltrade claims to be a reliable and regulated broker, but this is not the case. Thanks to wikifx for letting me see through the scammers' lies!

So far my experience with weltrade has been good. I have access to multiple assets and platforms, as well as many educational resources. Their leverage is also high, 1:1000, but I am still a newbie as I never use such high leverage. I am still learning and the advisers at weltrade have helped me a lot. I hope you keep winning!