Overview of Weltrade 2021
Weltrade is a brokerage company, whose main direction is Forex and commodities trading on real accounts, including ZuluTrade and ECN-options. According to the company’s website, it was founded in 2006, the company’s registration in an offshore zone of SVG, where the central office is also located. SVG is an offshore zone, brokers registered there are under FSA regulation, which means that brokers are not allowed to spend clients’ money to cover their expenses. Despite the small population of SVG (110,000 people) the financial situation in this region is stable and the local currency hasn’t changed its correlation to US dollar for 43 years. The region itself is attractive not only to financial institutions, but also to affluent tourists. In addition, the firm has offices in fifteen other countries. The company uses the STP marketing strategy of market and customer segmentation, targeting the most valuable market segment and customers, and positioning products for the target audience. In addition, the company, through the use of leverage for all five types of accounts, increases the potential earnings of the client. VPS service and a set of signals and bonuses (which are not available at brokers with registration in Europe)
MetaTrader is available for our clients who use Android and IOS mobile devices. Meta Trader 4 is the platform that most traders use, consisting of two parts – client and server. Despite the fact that the fifth version, released in 2010, is already on the market, most players use the previous fourth version. All the necessary tools are presented here, but there is a disadvantage – the fourth does not support MAC-based computers. In general, the platform is also suitable for trading contracts, but not suitable for work without margin support
The difference between the desktop and mobile versions is invisible to the average user, and all features are available in both cases.
For users of ZuluTrade accounts, there is no need to monitor the markets non-stop, just install the App to receive market signals.
The company provides various options for funding your trading account, such as bank transfers using the company’s details, payments to international cards. If you use the electronic payment systems Skrill(Skrill is a well-known payment system, which has existed since 2001. It is a simple and fast way to send money using only the recipient’s email. It is recommended to use VISA cards to work with this service) and Neteller (Neteller is a multi-currency wallet, it is possible to order a Net+ card for cash withdrawal all over the world. Easy registration, several tariff plans), you will also be able to fund your account. Depositing your account is also available through a cryptocurrency wallet (commission may be charged). The minimum deposit amount is limited to $25. For the withdrawal of profits fee of 0.5 to 2 percent is charged, in the case of Wallet One commission is absent. Withdrawal is made daily and takes no more than 30 minutes. All operations with funds are available in the personal profile.
You can create a test account with virtual money to test the full functionality of the platform. In this case, you will not be limited in the tools and strategies. If you successfully use demo accounts, you have a chance to participate in the demo account contest and win valuable prizes.
Bonuses and promotions
Weltrade uses a variety of methods to reward customers, such as bonus for deposit, bonus for the registration, prizes and gifts in marketing promotions, including the chance to get an iPhone 12 Pro. Check the website for the latest promotions
Every customer can choose an account that best meets their needs. The broker suggests five basic accounts with a minimum position of 0.01 lot:
Micro – starting investment of $25, spreads from 1.9 points. In spite of the fact that this account is considered as the training account, the maximum value of leverage – 1:1000 is available on it.
Premium – the standard account with the minimum start-up of $200, spreads and leverage are the same as on the Micro account, the interest rate is 3.5%
Pro – for advanced users, deposit starts from $500, spread from half point, higher interest rate – 5%. All of this, including the company’s 1 in 1000 leverage, ensures the fastest execution.
ZuluTrade – start from $200, spreads from 2.9 pips, commission 1.5 pips, leverage up to 1:500, MT4 only. It is convenient system for automatic FX trading, it is possible to choose an experienced manager and set up trading on his signals. To work with ZuluTrade it is necessary to open an individual account at the broker
Digital – only for crypto trading, small leverage 1 to 20 and comparatively small minimum deposit of fifty dollars.
If an urgent question needs to be resolved, the company provides a chat service on the site. Fifteen support numbers are available in different countries and e-mail.
Weltrade – provides protection of data and funds, SSL encryption and email and phone verification is used when accessing the personal account.
Weltrade will suit as a beginner with a minimum account of $25, as well as a professional. Working on the MT platforms provides fast and safe access to trading. Of the disadvantages, it should be noted a small amount of training material, but in abundance is the system of attracting new customers.