Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

WELTRADE Review Summary in 10 Points
Founded	2006
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	FSCA (exceeded)
Market Instruments	forex, Index CFDs, commodities, stock CFDs, metals and digital currencies
Demo Account	Available
Leverage	1:1000
EUR/USD Spread	Floating from 0.5 pips
Trading Platforms	MT4, MT5
Minimum deposit	$1
Customer Support	24/7 live chat, phone, email

What is WELTRADE？

Established in 2006, WELTRADE, a trading name of Systemgates Capital Ltd, is allegedly an online CFDs broker incorporated in Saint Vincent and the Grenadines and regulated in Belarus that provides its clients with the worlds most widely-used MetaTrader4 and MetaTrader5 trading platforms, flexible leverage up to 1:1000, floating spreads on various tradable assets, a choice of four different live account types, as well as auto-trading service and 24/7 customer support service. As for regulation, WELTRADE holds an exceeded Financial Sector Conduct Authority (FSCA) license.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

WELTRADE has several advantages, such as a variety of trading instruments, flexible leverage options, and a range of account types suitable for traders at different levels. The broker also provides a range of trading platforms and tools, as well as 24/7 customer support.

However, the negative reviews from some customers regarding withdrawal issues and scams are concerning. Additionally, the lack of valid regulatory license may be a cause for caution. Traders should always exercise caution when selecting a broker and conduct thorough research before investing.

Pros	Cons
• Negative balance protection	• Exceeded FSCA license
• Multiple account types to choose from	• Negative reviews and reports of scams
• Flexible leverage options	• Clients from the USA, Canada, EU, Belarus and Russia are not accepted
• Low spreads with no commissions
• MT4 and MT5 supported
• Low minimum deposit ($1)
• Multiple deposit and withdrawal methods
• 24/7 customer support

WELTRADE Alternative Brokers

There are many alternative brokers to WELTRADE depending on the specific needs and preferences of the trader. Some popular options include:

• CMC Markets - A reliable broker with a long history and competitive pricing.

• FOREX TB - A broker with a wide range of trading instruments and a user-friendly platform.

• GMO - A well-known Japanese broker with with a strong focus on technology and innovation.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is WELTRADE Safe or Scam？

The fact that WELTRADE is regulated by Financial Sector Conduct Authority (FSCA) in South Africa is a positive point, but the negative reviews from clients are concerning. The negative reviews, including clients saying they are unable to withdraw and accusing WELTRADE of being a scam, cannot be ignored.

The fact that WELTRADE offers negative balance protection is a good thing, but it does not necessarily guarantee the safety of the investment. It is important to exercise caution when investing with any broker, and it is recommended to thoroughly research and gather information before making any investment decisions.

Market Instruments

WELTRADE offers a diverse range of market instruments to trade including Forex, metals, commodities, index CFDs, and CFDs for digital instruments such as Bitcoin, Litecoin, and Ethereum. The Forex instruments include a variety of major, minor, and exotic currency pairs, with competitive spreads and high leverage options available. The commodity markets available to trade include precious metals like gold and silver, as well as energy products such as oil and gas.

Furthermore, traders can also access a variety of CFDs on popular stock indices from around the world. WELTRADE's offering of digital instrument CFDs allows traders to participate in the growing cryptocurrency market with competitive conditions.

Accounts

WELTRADE's account types cater to traders of all levels, with the Micro account being suitable for beginners and the Premium account for advanced traders.

The Micro account has a minimum deposit requirement of $1, making it accessible for those who want to start with a small investment. The Pro account requires a minimum deposit of $100, and it is considered the best choice according to the broker's website. The Premium account requires a minimum deposit of $25,000 and offers additional features and benefits for advanced traders.

It is worth noting that traders should carefully consider their level of experience and investment goals when choosing an account type.

Account type	Micro	Pro	Premium
Minimum deposit	$1	$100	$25
Average speed of deal execution	from 0.9 second	from 0.5 second	from 0.8 second
Account currency	cents USD / cents EUR	USD	USD / EUR
Spread	Floatingfrom 1.5 pips	Floatingfrom 0.5 pips	Floatingfrom 1.5 pips
Minimum volume of one order	0.01 lots
Maximum volume of one order	1000 lots	100 lots	100 lots
Leverage	1:33 - 1:1000	1:1-1:1000	1:33 - 1:1000
Margin Call Level	100%
Stop Out Level	10%, 20% for digital instruments
Interest rate	/	5%	3.5%
Interest rate	No
Trading platform	MetaTrader 4 / MetaTrader 5
Automatic trading	Yes
Swap

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Micro or Premium account can enjoy flexible leverage ranging from 1:33 to 1:1000, while the Pro account with the leverage of 1:1-1:1000. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads are influenced by what type of accounts traders are holding. WELTRADE reveals that the spread on the Micro and Premium accounts is floating from 1.5 pips, while the clients on the Pro account can experience floating spreads from 0.5 pips. All charging no commissions. It is important for traders to understand the different spread and commission structures before opening an account with WELTRADE.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commissions
WELTRADE	From 0.5 pips	None
CMC Markets	From 0.7 pips	None
FOREX TB	From 0.5 pips	None
GMO	From 0.8 pips	None

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

When it comes to trading platforms available, WELTRADE gives a variety of trading platforms to suit different traders' needs. The popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms are available for download on iOS and Android devices, as well as on desktop and Mac OS. These platforms are well-known in the industry for their user-friendly interface, advanced charting tools, and the ability to support automated trading through the use of Expert Advisors.

In addition, WELTRADE also offers the Web Terminal platform, which is accessible through a web browser, allowing traders to trade from any device with an internet connection.

Overall, WELTRADE's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker	Trading Platforms
WELTRADE	MT4, MT5
CMC Markets	CMC Next Generation, MT4, MT5, Stockbroking platform
FOREX TB	MT4, MT5, WebTrader, MobileTrader
GMO	Z.com Trader, MT4, FXBook Mobile, Z.com Trader Mobile, FXBook Web

Note: This table is subject to change as brokers may add or remove trading platforms over time.

Trading Tools

In addition to its trading platforms, WELTRADE provides traders with some trading tools to assist with their trading decisions. One of these tools is the Trading Calculator, which enables traders to estimate their potential profits or losses on a trade before executing it.

The Economic Calendar is also available to traders, which shows upcoming economic events and releases and their expected impact on the markets. These tools can be useful for traders who want to keep up with the latest market news and make informed trading decisions.

Deposits & Withdrawals

WELTRADE accepts deposits and withdrawals with credit/debit cards, like Visa and MasterCard Skrill, Neteller, digital currencies, Perfect Money, Indonesia Local Bank, and Fasapay,making it convenient for traders from different countries. The minimum deposit amount depends on the terms of the payment system.

WELTRADE minimum deposit vs other brokers

	WELTRADE	Most other
Minimum Deposit	$1	$100

Deposits via Indonesia Local Bank can be processed in 24 hours, while other deposits are instant. All withdrawal requests are said to be processed within 30 minutes and the broker supports 24/7 withdrawals. More details can be found in the below screenshots.

However, it is important for traders to carefully review the terms and conditions of each payment method, as well as any potential fees or limitations that may apply. More details can be found in the below screenshots.

Customer Service

It is a good sign that WELTRADE offers multiple ways to get in touch with their customer support team, including 24/7 Live chat, phone, email, online messaging, or request a callback. The broker also has a presence on popular social media platforms, including Twitter, Facebook, Instagram and Line, which may be convenient for some traders. It should be noted that the broker is registered in Saint Vincent and the Grenadines, which is not a heavily regulated jurisdiction, so traders should exercise caution and do their due diligence before investing.

Overall, WELTRADE's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros	Cons
• 24/7 multi-channel support available	• Registered address is shady
• Active presence on social media platforms for easy communication
• Support for multiple languages

Note: These pros and cons are subjective and may vary depending on the individual's experience with WELTRADE's customer service.

Education

WELTRADE offers a range of educational resources to help traders improve their knowledge and skills. The broker provides market news and analytics to keep clients updated on the latest market trends and developments. In addition, WELTRADE offers training and seminars to help traders learn the basics of trading, as well as more advanced strategies. The MetaTrader guide is also available for traders to learn how to use the trading platform effectively. These educational resources can help traders make better-informed trading decisions and improve their overall trading performance.

User Exposure on WikiFX

It is important to exercise caution when investing with any broker, and this includes WELTRADE. It is concerning to see reports of scams and issues with withdrawals from some users. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Conclusion

Based on the information available, WELTRADE is a Forex and CFD broker offering a range of trading instruments, account types, and platforms. It has some attractive features such as competitive spreads, a wide range of payment methods, and negative balance protection.

However, there are also some concerns raised by clients regarding withdrawal issues and scams. Additionally, the broker is registered in Saint Vincent and the Grenadines, which is a less regulated jurisdiction compared to major financial centers. Traders should exercise caution and conduct their own research before investing with WELTRADE or any other broker.

Frequently Asked Questions (FAQs)

Q 1:	Is WELTRADE regulated？
A 1:	No. WELTRADE holds an exceeded Financial Sector Conduct Authority (FSCA) license.

Q 2:	At WELTRADE, are there any regional restrictions for traders？
A 2:	Yes. Not for residents of the USA, Canada, EU, Belarus and Russia and other not-supported (restricted) countries.

Q 3:	Does WELTRADE offer demo accounts？
A 3:	Yes.

Q 4:	Does WELTRADE offer the industry-standard MT4 & MT5？
A 4:	Yes. Both MT4 and MT5 are supportable.

Q 5:	What is the minimum deposit for WELTRADE？
A 5:	The minimum initial deposit to open an account is only $1.

Q 6:	Is WELTRADE a good broker for beginners？
A 6:	No. WELTRADE is not a good choice for beginners. Though it seems to offer competitive trading conditions, it lacks legitimate regulation.

Markets4you	Basic Infromation
Registered Country	British Virgin Islands
Founded in	2007
Regulation	FSC (Offshore)
Trading Instruments	Forex, CFDs, Indices, Commodities, Stocks
Account Types	Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, Classic Standard
Account Currency Options	USD, EUR
Demo Account	Available
Islamic Account	Not Available
Minimum Deposit	$0
Maximum Leverage	1:1000
EUR/USD Spread	From 0.1 pips for Cent Pro and Classic Pro account
Trading Platforms	MetaTrader 4, MetaTrader 5, Markets4you (Desktop & Webtrader)
Deposits & Withdrawals	VISA, MasterCard, WebMoney, Neteller, Skrill
Education Resources	Daily market analysis, educational articles, webinars, and trading tools
Customer Support	Email, Phone, Live Chat
Bonuses Program	Yes

Note: The information may be subject to change, and it's recommended to check the official website for the most updated information.

Overview of Markets4you

Markets4you is a popular forex broker that operates globally, with its headquarters located in the British Virgin Islands. The broker has been providing forex trading services since 2007, offering a wide range of trading instruments, including forex, stocks, commodities, and indices, and it prides itself on offering its clients competitive trading conditions, advanced trading tools, and exceptional customer support.

The broker offers various types of trading accounts, including Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, Classic Standard, with no minimum deposit required. These accounts differ in terms of their leverage, and spreads, and maximum leverage can be adjusted up to 1:1000.

Markets4you's commitment to innovation and convenience is evident in its trading platforms, which include the popular MetaTrader 4 platform, MetaTrader 5 platform, as well as the proprietary Markets4you platform. Both platforms are user-friendly and offer a range of advanced features, including real-time charts, technical analysis tools, and a variety of order types.

In terms of customer support, Markets4you provides a 24/7 customer service team that can be reached via live chat, email, or phone. The broker also offers multilingual support in a variety of languages, including English, Russian, Chinese, and Spanish.

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Is Markets4you Legit？

Yes, Markets4you is regulated. The broker is licensed and regulated by the Financial Services Commission (FSC) of the British Virgin Islands, an offshore regulated body, under registration number SIBA/L/12/1027.

Traders may prefer brokers regulated by more established and well-known regulatory bodies, such as the FCA or ASIC. Offshore regulation, in most cases, can still provide a level of security for traders, as brokers are still required to adhere to certain regulatory standards and comply with the laws of the country where they are registered.

Pros & Cons

Pros	Cons
Low minimum deposit requirement	Limited range of tradable instruments
Multiple account types to suit different traders	Offshore regulation (only)
No minimum deposit requirements	Limited educational resources
Generous leverage up to 1:1000	Limited deposit and withdrawal options
Access to multiple popular trading platforms, MT4, MT5 and Markets4you trading platform	Limited customer support options outside of standard business hours
Copy trading and PAMM investment options
No inactivity fees
Bonuses and Promotions offered
Multiple customer support channels

Markets4you offers several advantages such as a wide range of trading accounts, user-friendly platforms, no minimum deposit requirements, and several educational resources. However, there are also some disadvantages, including a limited number of tradable assets, high trading fees for some accounts, and no support for popular e-wallet payment methods. You should weigh these pros and cons before deciding to open an account with Markets4you.

Market Intruments

Markets4you is a broker that provides traders with an impressive range of 150 trading instruments, which is a testament to its commitment to meeting the diverse needs of its clients. The broker offers 50 currency pairs, which include majors, minors, and exotics, enabling traders to trade on popular pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as lesser-known pairs. Furthermore, Markets4you allows traders to trade commodities such as gold, brent, and wti, making it a great choice for those who wish to diversify their portfolios.

Additionally, the broker provides traders with access to 12 major indices, which include the S&P 500, NASDAQ, FTSE 100, and more, giving them the opportunity to take advantage of the stock market's volatility. Finally, Markets4you offers over 50 company stocks that span different sectors such as technology, healthcare, and energy, among others, which can help traders to build a well-rounded portfolio.

Account Types

Markets4you offers a variety of account types to cater to different trading needs and preferences of their clients. These account types include Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, and Classic Standard. The Cent Fixed and Classic Fixed accounts are ideal for beginners or those who want to start trading with small amounts, as they offer fixed spreads and require no minimum deposit. The Cent Pro and Classic Pro accounts, on the other hand, are designed for more experienced traders who want to trade with higher volumes and lower spreads. The Classic Standard account is the most versatile of all, providing traders with variable spreads and allowing them to trade with any amount of deposit.

With these account types, traders have the flexibility to choose the one that best suits their trading style and objectives. The absence of a minimum deposit requirement in all account types is particularly attractive, as it allows traders to start trading with any amount they feel comfortable with.

How to Open an Account？

To open an account with Markets4you, you will need to visit their website and follow the account opening process.

1. Go to their website and click on the “Open an Account” button.

2. Then, you'll need to fill out some basic information, like your name and email address. After that, just follow the steps to verify your account.

3. After that, you will need to verify your identity and address by providing copies of your ID card and utility bill.

4. Finally, you will need to fund your account to start trading. Markets4you offers several convenient payment methods, including credit/debit cards, bank transfers, and electronic wallets. Once your account is funded, you can start trading immediately.

Leverage

Markets4you offers a maximum leverage of up to 1:1000, although it depends on the account entity. This means that traders can potentially amplify their profits up to 1000 times. However, it's important to remember that high leverage also comes with a higher risk of loss, and traders should carefully consider their risk management strategy before trading with high leverage.

However, its worth mentioning that in the homepage of Markets4you the highest leverage is 1:2000, while in the account types the maximum amount is only 1:1000. You may consult the customer support to verify the specific condition.

Spreads & Commissions (Trading Fees)

Markets4you offers a diverse range of account types that cater to the varied trading needs of its clients. The Cent Fixed and Classic Fixed account types are suitable for novice traders as they offer comparatively wider spreads of 2 pips with no commission charged. On the other hand, experienced traders can opt for the Cent Pro and Classic Pro account types, which offer tighter spreads from 0.1 pips with a commission of $10 cents and $8 cents per lot respectively. The Classic Standard account type is another option available for traders looking for tighter spreads of 0.9 pips with no commission charged.

Spreads and commissions are subject to change based on market conditions and volatility. Therefore, traders are advised to keep a close eye on the current trading fees and account terms and conditions before making any trades.

Non-Trading Fees

Apart from trading fees, Markets4you also charges some non-trading fees. One of the most significant non-trading fees is the inactivity fee. If you do not trade for 90 consecutive days, Markets4you will charge an inactivity fee of $10 per month until you resume trading or your account balance is zero. Another non-trading fee that you may encounter is the withdrawal fee, which varies depending on the payment method you choose. For example, if you withdraw funds using a bank wire transfer, Markets4you will charge a fee of $10. Additionally, if you use a payment system like Skrill or Neteller, you may be subject to a fee of up to 3.5% of the transaction amount. Therefore, it is essential to consider these non-trading fees when choosing a payment method and managing your account to avoid unnecessary charges.

Trading Platforms

Markets4you offers multiple trading platforms, including popular and well-established MetaTrader 4 and MetaTrader 5 trading platforms, which provide a stable and robust trading experience for both novice and experienced traders. These platforms are renowned for their advanced charting and analytical tools, multiple order types, and customizable interface, which can be tailored to suit the preferences of individual traders. Additionally, Markets4you also offers its proprietary trading platform, Markets4you, which provides a seamless and user-friendly trading experience across all desktop and mobile devices.

Deposit & Withdrawal

Markets4you offers several payment methods for both deposit and withdrawal, making it easier for clients to manage their funds. The available payment methods include Skrill, Neteller, WebMoney, Visa, and Mastercard. The minimum deposit amount varies depending on the chosen payment method. For Skrill, Neteller, and WebMoney, the minimum deposit amount is $1. For Visa and Mastercard, the minimum deposit amount is $10.

Withdrawals can be processed through the same payment methods as deposits. Withdrawals via e-wallets like Skrill, Neteller, and WebMoney are processed within 24 hours, while withdrawals via Visa and Mastercard take 2-5 business days to process. The minimum withdrawal amount for e-wallets is $1, and for Visa and Mastercard, it is $10. There are no withdrawal fees for all payment methods.

Before withdrawing funds, clients need to verify their accounts by submitting the necessary documents for verification. The verification process typically takes up to 1 business day, after which clients can proceed with their withdrawals.

Bonuses Offered

Markets4you, a forex broker, provides a range of bonus programs to enhance the trading experience for its clients. Two notable bonus offerings by Markets4you include the 100% deposit bonus and the 50% cashback program:

100% Deposit Bonus: Markets4you offers a generous 100% deposit bonus to eligible clients. This bonus provides traders with additional trading capital by matching their deposit amount. For example, if a client deposits $500, they will receive an additional $500 as a bonus, effectively doubling their trading funds. This bonus can be a valuable tool for increasing trading potential and exploring new opportunities in the market.

50% Cashback Program: Markets4you also features a 50% cashback program. Under this program, traders can earn a cashback on their trading volume. The cashback is a percentage of the spread or commission paid on each trade, depending on the specific account type and trading conditions. This cashback is credited back to the client's account, providing an additional financial benefit and reducing the overall trading costs.

Customer Support

Markets4you offers customer support via various channels to assist their clients with any inquiries or issues they may have. The broker has a responsive and knowledgeable support team that is available 24/7 to assist clients. Markets4you's customer support can be reached via email, phone, live chat, and even social media platforms such as Facebook and Twitter. Additionally, the broker provides a comprehensive FAQ section on their website, which covers a wide range of topics and may answer many common questions that clients have.

Below are the details about the customer service.

• Language(s): English, melayu, Chinese, Thai language, Vietnamese, Bengali, Indian

• Service Hours: 24/7

• Email: info@forex4you.com

• Phone: +44 330 027 1824

• Address: First Floor, Mandar House, Johnson's Ghut, P.O. Box 3257, Road Town, Tortola, British Virgin Islands

• Social media: Facebook, Instagram, YouTube

Educational Resources

Markets4you provides a range of educational resources to help traders improve their trading skills and knowledge. The broker offers a variety of articles covering different topics related to forex trading, including technical analysis, fundamental analysis, and trading strategies. Additionally, Markets4you has a trading school that provides a comprehensive course on forex trading, suitable for both beginners and advanced traders.

Video tutorials are also available to help traders understand the different aspects of trading, such as how to use the trading platform and how to perform technical analysis. Markets4youalso conducts webinars and seminars, which are led by experienced traders and cover a wide range of topics, such as trading psychology, risk management, and market analysis.

Moreover, Markets4you provides an economic calendar that displays important economic events and their impact on the financial markets. Traders can use this tool to stay up-to-date with the latest news and plan their trades accordingly.

Conclusion

In conclusion, Markets4you is an offshore-regulated forex broker that offers a wide range of trading instruments, including forex, commodities, indices, and stocks. The broker has a variety of account types that cater to different trading needs, with no minimum deposit required. Markets4you offers high leverage up to 1:1000, and competitive spreads starting from 0.1 pips with some of their account types. The broker also offers excellent customer support and a variety of educational resources to help traders improve their skills and knowledge.

However, there are some limitations, such as the offshore regulation and the limited availability of certain payment options.

FAQs

Question: Is Markets4you regulated？

Answer: Yes, Markets4you is offshore regulated by the Financial Services Commission (FSC) in the British Virgin Islands.

Question: What is the minimum deposit to open an account with Markets4you？

Answer: Markets4you do not have a minimum deposit requirement.

Question: What trading platforms does Markets4you offer？

Answer: Markets4you offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as the Markets4you proprietary platform, which is available on desktop and mobile devices.

Question: What is the maximum leverage offered by Markets4you？

Answer: Markets4you offers a maximum leverage of up to 1:1000, depending on the type of account you have.

Question: What educational resources does Markets4you offer？

Answer: Markets4you offers a range of educational resources, including articles, trading schools, video tutorials, webinars, and more, aimed at helping traders improve their skills and knowledge.