The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.
License Type:Appointed Representative(AR)
Regulated in Country/AreaUnited Kingdom
Regulatory License No.：780894
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :20-22 Wenlock Road London N1 7GU UNITED KINGDOM
Phone Number of Licensed Institution :+44 08458623456
Most visited countries/areas
The data are from WIKI Research 2021.06.19 updated
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Basic Information & Regulators of WeTrade
WeTrade was Founded in 2015 and based in London, UK, and is an online Forex trader.. The company currently holds an authorized representative license from the Financial Conduct Authority (FCA).
Safety Analysis of WeTrade
All client funds are held separately in top international banks. WeTrade Forex promises that their clients' funds will be kept separately from the company's operating funds, and it will never use clients' funds to participate in the company's operations or other investments so that our clients' funds are always under protection. In addition, the company's withdrawal of funds is relatively fast.
The company offers a wide range of trading products, including forex, indices, energies, precious metals, four trading categories in total, more than 60 kinds of trading products.
Leverage & Account of WeTrade
WeTrade has set up four types of accounts for investors with various investment needs and strategies, namely STP (minimum deposit of $100), VIP (minimum deposit of $3000), ECN (minimum deposit of $8000), and Affiliate (minimum deposit of $100) accounts. Maximum leverage is 1:400 for Forex, 1:200 for Spot Gold, and 1:100 for Spot Silver. 1:100 for Crude Oil products and 1:50 for Indices products.
Spreads & Commission Fees
The minimum spread for the STP account is 1.8 pips for EUR/USD, with no trading commission. The minimum spread for the VIP account is 1.0 pips for EURUSD, with no trading commission. The minimum spread for the ECN account is 0, charging a commission of 7 USD per lot. The minimum spread for the Affiliate account is 2.3 pips for EURUSD, with no trading commission.
Trading Platform Applied of WeTrade
WeTrade offers its clients the advanced and popular MT4 trading platform, MAM and Multi-Account Management Tool (MAM). MT4 comes with robust charting and data analysis functions, available for PC, iOS, and Android versions. The MAM and multi-account management tools are two types of multi-account management systems that allow traders to trade for multiple accounts simultaneously.
Deposit & Withdrawal
Deposit methods support USDT, wire transfer, no commission for USDT deposit, support any bank, and instant payment. For wire transfers, the bank will charge a fee, and the time of arrival is subject to the bank. Withdrawal methods are CUP and wire transfer. The bank will charge a fee for wire transfers, and the time of arrival will be determined by the bank.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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