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WeTrade -

Score

1.38 /10
Danger

WeTrade

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.wetrade.one/#

Influence

D

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.00

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

We Mobile Co., Ltd

Company Abbreviation

WeTrade

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2025-05-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
WeTrade · Company summary
WeTrade Review Summary
Founded2021
Registered Country/RegionHong Kong
RegulationNo regulation
Market InstrumentsForex, commodities, stocks, indices
Demo Account❌
Leverage1:100-1:500
Spread0.7% spreads
Trading PlatformWeTrade
Minimum Deposit$2
Customer Support/
Regional RestrictionsUS

WeTrade Information

WeTrade is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:500 and 0.7% spreads on WeTrade trading platform. The minimum deposit requirement is $2.

WeTrade's homepage

Pros and Cons

Pros Cons
Low minimum deposit requirementNo regulation
No demo accounts
No MT4/MT5 platform
No contact channels
Commission fees charged

Is WeTrade Legit?

No. WeTrade currently has no valid regulations. Please be aware of the risk! It offers segregated accounts.

No license
Domain information

What Can I Trade on WeTrade?

WeTrade offers trading on forex, commodities, stocks and indices.

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Indices ✔
Cryptos❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on WeTrade?

Leverage

WeTrade offers leverage from 1:100 to 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Leverage

WeTrade Fees

WeTrade charges 0.7% spreads and 0.2% commission fees.

WeTrade Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
WeTrade✔IOS, Android, desktop/
MT4❌/Beginners
MT5❌/Experienced traders
WeTrade platform

Deposit and Withdrawal

WeTrade accepts payments via credit card, e-wallet, net banking and offline payment.

The minimum deposit amount is $2, and there is no fee. The minimum withdrawal amount is $5. A 3% fee will be charged. For the first withdrawal ,it will be processed the next working day. From the second withdrawal, it will be processed in a few minutes.

Deposit and Withdrawal FAQ
Deposit and Withdrawal FAQ

User Reviews

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User comment

1

Comments

Write a review

YOGS
3-6months
HELOO WE TRADE TEAM I MAKE WITHDRWAL BUT SHOW IN PROCESSING IN REIVIEW WHY R U NOT WITHDRAL MY AMOUNT ITS SMALL AMOUNT 32 USDT
HELOO WE TRADE TEAM I MAKE WITHDRWAL BUT SHOW IN PROCESSING IN REIVIEW WHY R U NOT WITHDRAL MY AMOUNT ITS SMALL AMOUNT 32 USDT
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2025-01-04 00:50
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