WELTRADE Information

WELTRADE was initially registered in Saint Vincent and the Grenadines and also now operates in dozens of countries worldwide. The broker offers a wide range of trading services in forex, metals, index CFDs, commodities, stock CFDs. It offers a demo account for you to get familiar with the platform and your trading strategy. Besides, four tiered live accounts are available to suit different levels of investors.

Traders can excute trades on the well-acclaimed MetaTrader 4 and 5 platforms, as well as the broker's self-developed Weltrade App. Trading tools such as trading/pip/profit/Fibonacci calculators, tradingview charts and economic calenders are available to enhance trading efficiencies.

Moreover, the broker offers a series of educational resources including webinars and seminars, MetaTrader guides, indicators, etc to help traders better understand the financial world and trading.

However, one fact that cannot be neglected is that although the broker claims to be regulated by the NBRB, FSC, and FSCA, none of them is normal.

Pros and Cons

Is WELTRADE Legit?

No. WELTRADE currently has no valid regulations. It only holds revoked NBRB and FSC licenses, and an exceeded FSCA license. Please be aware of the risk!

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	National Bank of the Republic of Belarus (NBRB)	Revoked	LLC SystemGates Limited	Retail Forex License	192727233
	Financial Services Commission (FSC)	Revoked	Systemgates Capital Ltd.	Retail Forex License	IFSC/60/350/TS/17
	Financial Sector Conduct Authority (FSCA)	Exceeded	WELTRADE SA (PTY) LTD	Financial Service Corporate	50691

What Can I Trade on WELTRADE?

Account Type

WELTRADE not only offers a demo account for you to simulating real trading with virtual funds before tapping into real trading, but also four tiered live accounts with different traidng conditions to suite various levels of investors and different products:

Leverage

WELTRADE offers leverage up to 10000x, which is not normal among most brokerage companies. Usually leverage not only signifies profits, but also losses, thus it's strongly recommended that you should deal with leverage with this broker in extreme caution.

Trading Platform

WELTRADE claims to use the world renowned MetaTrader 4 and 5 platforms, which are well-recognized by its advanced charting tools and robust functionalities.

You can reach the platforms on web, or download app from Windows, mobiles phones and Mac.

Besides, the company also developed its own trading platform WELTRADE App, downloadble from both iOS and Android devices.

Deposit and Withdrawal

WELTRADE supports several funding methods:

LION Information

LION is a financial company registered in Cayman Islands and started its business since 2015. With its dual headquarters in Hong Kong and Singapore, the company expands its global presence to USA, Dubai, Malaysia, Vietnam and so on.

Its business scope mainly focus on trading in forex, securites and futures, and product number is said to be more than 10000 kinds. There's an education center with “Lion School” where traders can get “news flash” for market trends analysis and financial calendar to reach the latest market updates.

The broker is decently regulated by two authorities: SFC (Securities and Futures Commission of Hong Kong) and MAS (Monetary Authority of Singapore), assuring some level of credibility and reliability in these countries.

However, the broker also holds an offshore license from CIMA (Cayman Islands Monetary Authority) and an exceeded license from SFC (Securities and Futures Commission of Hong Kong), which should raise traders' attentions about potential risks.

Pros and Cons

Is LION Legit?

LION is officially regulated by SFC (Securities and Futures Commission of Hong Kong) and MAS (Monetary Authority of Singapore), with a licenses numbering at BID234 and BID234 respectively.

However, the broker also holds an SFC exceeded license and a CIMA offshore license, imparing its liability.

Regulated Country	Regulator	Regulatory Status	Regulated Entity	License Type	License Number
	SFC	Regulated	Lion Futures Limited	Dealing in futures contracts	BID234
	MAS	Regulated	LION INTERNATIONAL FINANCIAL (SINGAPORE) PTE. LTD.	Retail Forex License	CMS101140
	CIMA	Offshore	Lion Brokers Limited	Market Making (MM)	1455005
	SFC	Exceeded	Lion International Securities Group Limited	Dealing in securities	BHY491

What Can I Trade on LION?

LION boasts more than 10000 securites, 100+ futures and 100+ forex for global clients.

Securities:

• Lion A-shares Stock Connect: Offers leveraged investments up to 2.5 times through Total Return Swap (TRS) derivatives, ensuring client privacy and low financing costs.
• Hong Kong and U.S. Equities: The T+0 same-day selling enables immediate trading for enhanced flexibility.

Futures:

Enables direct access to top international exchanges with a safe and standardized market, traders can access millisecond data updates.

Forex:

Traders can enjoy spread from as low as 0 pip with forex trading, STP-ECN trading model and flexible leverage options, with no commission from deposits and withdrawals.

Trading Platform

LION provides two trading platforms: LionBrokersElite for securities and CFDs; LionBrokers for futures. Traders need to download different apps for different products.

Both platforms are downloadable from Windows, macOS, iOS and Android devices. Traders can approach real-time monitoring of their transactions and financial instrument trends with these platforms.