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Weltrade , SBI SECURITIES Broker Comparison

Do you want to know which is the better broker between Weltrade and SBI SECURITIES ?

In the table below, you can compare the features of Weltrade , SBI SECURITIES side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
Weltrade
2.41
Regulated
Under guarantee
20+ years
NBRB,FSCA
Skrill,VISA/MASTERCARD/UNIONOPAY,Neteller,FASAPAY
D
D
962.5
83
85
83
1997
1994
1997
C

EURUSD: -0.4

XAUUSD: -303.2

24
-1
24
B
5.6 USD/Lot
29.37 USD/Lot
B

Long: -4.66

Short: -2.17

Long: -157.6

Short: -39.35

AA
0.1
106.6
Pro,Micro,SyntX
Forex, Metals, Commodities, Stocks, Indices
10 USD
1:1000
from 0.5
10.00
Floating
0.01
--
SBI SECURITIES
7.98
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

Weltrade 、 SBI SECURITIES BrokerRelated News

Weltrade BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do weltrade and sbi-securities have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

weltrade
WELTRADE Review Summary
Founded2006
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNBRB/FSC (Revoked), FSCA (Exceeded)
Market InstrumentsForex, metals, index CFDs, commodities, stock CFDs
Demo Account
SpreadFloating from 1.5 pips (Micro account)
LeverageUp to 10000x
Trading PlatformMT4, MT5, Weltrade App
Minimum DepositUSD 1
Customer SupportLive chat, FAQ
Social platforms: Facebook, LinkedIn, Instagram
Email: info@weltrade.com
Registered Address: Unit Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines
Email and registered offices in other countries: https://www.weltrade.com/customersupport/
Restricted RegionsUSA, Canada, EU, Belarus and Russia

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.

WELTRADE's homepage

Pros and Cons

ProsCons
Demo accountsRevoked NBRB and FSC license
MT4 and MT5 platformsExceeded FSCA license
Multiple trading toolsAbnormal high leverage levels
Affordable minimum deposit
Promotion programs
No trading commissions
Rich educational resources

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 CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Belarus
National Bank of the Republic of Belarus (NBRB)RevokedLLC SystemGates LimitedRetail Forex License192727233
Belize
Financial Services Commission (FSC)RevokedSystemgates Capital Ltd.Retail Forex LicenseIFSC/60/350/TS/17
South Africa
Financial Sector Conduct Authority (FSCA)ExceededWELTRADE SA (PTY) LTDFinancial Service Corporate50691
Revoked NBRB license
Revoked FSC license

Exceeded FSCA license

What Can I Trade on WELTRADE?

Trading InstrumentsSupported
Forex
Metals
Index CFDs
Commodities
Stock CFDs
Cryptocurrencies
Bonds
Options
ETFs

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:

Account TypeMinimum DepositAccepted CurrenciesSpreadCommission
MicroUSD 1Cents USD, cents EURFloating from 1.5 pips
ProUSD 100USDFloating from 0.5 pips
PremiumUSD 25USD, EURFloating from 1.5 pips
SyntXUSD 1USDFloating
Account comparison

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.

Account TypeMaximum Leverage
Micro1:1000
Pro
Premium
SyntX1:10000

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.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4iOS, Android, Windows, MacOS, WebBeginners
MT5iOS, Android, Huawei, Windows, MacOS, WebExperienced traders
Weltrade AppiOS, Android/
MT4
MT5
Weltrade App

Deposit and Withdrawal

WELTRADE supports several funding methods:

Payment MethodAccepted CurrenciesDeposit FeeWithdrawal FeeDeposit TimeWithdrawal Time
VISA/MASTERCARD/UNIONPAYUSD4% + 2 USDInstantaneous30 min, 24/7
Skrill1%
NetellerUSD, EUR2% (min. $1.00)
IDLBIDRSender's bank tariffWithin 24 hours
FasaPayUSD, IDR0.5% (min. $0.01, max. $5.00)Instantaneous
Deposit
Withdrawal
sbi-securities
SBI Securities Review Summary
Founded1999
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsForex, Stocks, Bonds, ETFs, Mutual Funds, CFDs, Gold/Platinum, NISA, iDeCo
Demo AccountAvailable
LeverageUp to 1:25 (for FX)
SpreadFrom 1 pip (FX pairs),0.5 pips(CFDs)
Trading PlatformProprietary web and mobile platforms, HYPER SBI
Min Deposit¥10,000
Customer SupportPhone: 0120-104-214
Email: contact@sbisec.co.jp
24/7 Online Chat: No
Physical Address: Japan

SBI Securities Information

Established in 1999 with a headquarters in Japan, SBI Securities is under FSA control. Forex, equities, bonds, ETFs, mutual funds, and more are among the several market tools it provides with leverage up to 1:25 for FX trading. The platform offers proprietary web and mobile trading systems including HYPER SBI and enables a minimum deposit of ¥10,000.

SBI Securities Information

Pros and Cons

ProsCons
Over 150+ financial products and servicesLimited leverage for FX (max 1:25)
Provide NISA and iDeCo accounts for tax advantagesNo 24/7 customer support
Regulated by FSA

Is SBI Securities Legit?

Current StatusRegulated
License TypeRetail Forex License
Regulated ByJapan
License No.関東財務局長(金商)第44号
Licensed Institution株式会社SBI証券
Is SBI Securities Legit?

What Can I Trade on SBI Securities?

SBI Securities offers a 150+ stocks, 30+ currency pairs, and various ETFs, mutual funds, and bonds.

Tradable InstrumentsSupported
Forex
Stocks(Overseas and Japan stock)
ETFs(Overseas)
Mutual Funds
Bonds
Commodities
Options
Cryptocurrencies
What Can I Trade on SBI Securities?

Leverage

SBI Securities only provides 1:25 leverage for FX pairs.

Account Types

SBI Securities offers multiple account types: regular investment accounts, NISA accounts, and iDeCo pension accounts.

Demo accounts are also available.

Account TypeMinimum DepositFeatures
Regular Account¥10,000Access to all products and services
NISA Account¥0Tax-advantaged investing
iDeCo AccountVariablePension-specific tax benefits

SBI Securities Fees

With specified fees for domestic stock transfers under different names and ¥3,300 for investment trust transfers, SBI Securities offers free account administration, deposits, withdrawals, and most transfers.

Trading Fees

ServiceFee
Domestic StocksStarting from ¥99 per trade
Investment TrustsVaries by fund (management fees apply)
FX (Foreign Exchange)From 1 pip (spread only)
ETF/ETNVaries by issuer
REITsVaries by issuer
BondsDepends on bond type
CFDsFrom 0.5 pips (spread only)

Non-Trading Fees

ServiceFee
Account Opening and ManagementFree
Bank Transfer DepositsCustomer-borne transfer fees
Instant Deposits/Real-Time DepositsFree
WithdrawalsFree
Domestic Stock TransfersFree (same-name)
Domestic Stock Transfers (different names)¥2,200 per brand (tax incl.)
Investment Trust TransfersFree (same-name) / ¥3,300 per brand (tax incl.)
Foreign Stock TransfersFree (same-name) / ¥2,200 per brand (tax incl.)

Paid Services (Optional)

ServiceFee
Premium News¥37,125/month (tax incl.)
Real-Time US Stock Prices¥550/month (tax incl.)
BroadNewsStreet¥330/month (tax incl.)
SBI Securities Fees

Trading Platform

SBI provides different App for different products.

Trading PlatformSupportedAvailable DevicesSuitable for
HYPER SBIWindows, macOSStock traders
SBI Mobile AppiOS, AndroidOn-the-go trading
Unique App for different products(SBI stock App, Domestic socks smartphone site.etc)WebGeneral and retail traders
Trading Platform

Deposit and Withdrawal

SBI Securities does not charge withdrawals or deposits fees. Account type determines the minimum deposit; it ranges from ¥10000 in standard account.

Do weltrade and sbi-securities have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive weltrade and sbi-securities are, we first considered common fees for standard accounts. On weltrade, the average spread for the EUR/USD currency pair is from 0.5 pips, while on sbi-securities the spread is --.

Which broker between weltrade, sbi-securities is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

weltrade is regulated by NBRB,FSCA. sbi-securities is regulated by FSA.

Which broker between weltrade, sbi-securities provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

weltrade provides the Pro,Micro,SyntX platform with products like Forex, Metals, Commodities, Stocks, Indices; sbi-securities offers the -- platform featuring assets including --.

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