Weltrade

I cannot withdraw

2025-11-14 09:33

Others

I deposited RM53,000

I deposited RM53,000 to trade, but every profitable trade was canceled due to a "system error," while losing trades remained active! Last week, I made a profit of RM15,000 on a USD/CAD short trade, but suddenly I couldn't log in. Later, I requested a withdrawal, leaving me with RM38,000, but the platform directly rejected it. "WELTRADE, you are garbage! You are scamming Malaysians! Your servers are down all the time! Especially during the evening trading hours (Malaysian time), the frequency of disconnections is ridiculously high. Because of your disconnections, my stop-loss wasn't triggered, and I lost $5,000 in one margin call. Stop screwing us over

2025-08-29 17:36

Severe Slippage

They changed the name and

They changed their name and entered Thailand to deceive people! They have a long history of misconduct dating back to when they were still called SystemForex. WELTRADE's market delay caused my 95 million baht investment to disappear. WELTRADE deliberately prevented my Take Profit order from being executed. Last Wednesday, after the U.S. Federal Reserve meeting, I was watching the USD/IDR chart, which showed 15,280, but when I placed the order, it said 'price adjusted to 15,350,' a slippage delay of 70 points, resulting in a loss of 4.2 million baht. Even worse, my Stop Loss order set at 15,300 was not executed due to the delay, and by the time of trading, it had already risen to 15,380. An 80-point slippage wiped out my account. WELTRADE is an 18-year-old scammer.

2025-08-29 14:13

Welltread sneaked in

Weltrade secretly tampered with my take-profit and stop-loss settings, causing me a loss of 68,000 rupees! Last Wednesday, I was trading in USD/INR and had set take-profit 74.50 and stop-loss 74.70. But when I checked my position that afternoon, the system showed that take-profit had changed to 74.30 and stop-loss to 74.80. As a result, when the price reached 74.48, I prematurely closed my position and lost 12,000 rupees. The next day, the price dropped to 74.75, and since I had set my stop-loss too high, I lost another 56,000 rupees—the exact amount I had earned from a small IT project! After filing a complaint with SEBI, I discovered that Weltrade's Indian 'Operation Center' was fake, located in a residential building in Gurugram. Now, I'm even struggling to pay my employees. WELTRADE is scamming people by manipulating their operating parameters. Do not trust them!

2025-08-28 22:15

denied withdrawal of money

Very bad experience with Weltrade. They accept deposits without any problems, but when you want to withdraw your own money, they start making excuses about verification and country, rejecting documents and blocking the withdrawal. It seems like a strategy to retain funds, not a serious compliance process. I do not recommend trading with this broker.

2026-01-01 04:25

The Weltrade company

The Weltrade company had increased the spread for Gold, almost 1600 % from what it usually was and my account could not withstand. Moreover, Systemgates Ltd aka Weltrade is changing its registration every single year, from one offshore country to another. In 2016 it was Vanuatu, in 2017 it was Belize and in 2018 it is Saint Vincent and the Grenadines. I found out that Systemgates Ltd has no licence whatsoever to engage in forex trading since the Financial Services Authority does not issue a licence to a company engaging in forex. I have lost 56 000 USD and trying to get them back . The company refused to return the money after I lodged my complaint with it more than 10 times.

2025-08-28 16:48

WELTRADE， You are a real scam

WELTRADE, you are a true cancer in the financial world! Price updates were a full fifteen minutes behind the real-time market conditions, completely rendering all stop-loss settings useless. Causing financial lossesBy the time I could operate them, my position had already been liquidated! I immediately contacted your Indonesian customer service for an explanation, but they claimed that "global market fluctuations are uncontrollable" and even asked if there was a problem with my internet connection. Even more abominable, one of the representatives directly mocked me, saying, "If you don't understand trading, don't play!" Your platform makes money from data services, yet when problems arise, you completely shirk responsibility? This isn't just poor service; it's a blatant financial scam!

2025-08-30 21:15

Last week, the customer

Last week, your Thai client who claimed to be the 'Head Data Analyst' contacted me on Facebook, boasting about 'internal data sources from the stock exchange' and the ability to accurately predict crude oil inventory data. I foolishly believed your lies and heavily traded crude oil based on your advice before the EIA data was released. The market crashed by 3.50 dollars! The most shocking part was that you manipulated the closing price! The market closed at 81.50, but your platform displayed a price of 80.80, forcing me to liquidate my long position! Afterward, I compared data from up to 8 different platforms and found that only your platform showed such a significant discrepancy in the closing price! After I got a margin call, your Thai customer service even shamelessly claimed, 'It's an automatic price settlement system,' and had the audacity to recommend I purchase their 'Supreme Data Service' for 12,000 baht per year, claiming I could access 'real settlement data'!

2025-08-31 18:56

There is a problem where I cannot withdraw money through any channel.

There is no reason. There is no reason for what they told me to do to verify my identity. I submitted all the documents, did everything, but they did nothing. They did not proceed in a way that would allow me to withdraw my money. The only reason I can see is harassment and discrimination. More than 24 hours have passed. Hours while I was processing and history

2025-11-23 11:56

วันนี้การเทรดของผมพั

วันนี้การเทรดของผมพังพินาศไปเลยเพราะระบบห่วยๆ ของทีมไทยของคุณ! ราคาอัพเดทช้ากว่าตลาดไปสิบนาที แถมการตั้งค่า Stop Loss ของผมก็ใช้การไม่ได้อีกต่างหาก กว่าจะเริ่มเทรดได้ สถานะก็พังไปแล้ว! ผมรีบติดต่อฝ่ายบริการลูกค้าชาวไทยของคุณทันทีเพื่อขอคำอธิบาย แต่พวกเขากลับอ้างว่า "ความผันผวนของตลาดโลกควบคุมไม่ได้" แถมยังถามอีกว่าอินเทอร์เน็ตผมไม่ดีด้วยซ้ำ ที่น่าขยะแขยงยิ่งกว่านั้นคือ มีคนหนึ่งมาเยาะเย้ยผมตรงๆ ว่า "ถ้าไม่เข้าใจการเทรดก็อย่าเล่น!" ทีมไทยของคุณไม่มีทักษะและทัศนคติเอาเสียเลย แม้แต่การซิงค์ข้อมูลพื้นฐานก็ยังทำไม่ได้ แถมยังกล้าคิดค่าธรรมเนียมอีก! นี่ไม่ใช่แค่บริการแย่ๆ แต่มันเป็นการหลอกลวงชัดๆ! ผมแนะนำให้นักลงทุนทุกคน: ใช้ชีวิตให้คุ้มค่าและอย่าไปยุ่งกับ WELTRADE โดยเฉพาะในส่วนที่ทีมไทยดูแล ไม่งั้นคุณจะล้มละลายเป็นรายต่อไป!

2025-08-30 19:18

The bonus trap locks your money.

The bonus system traps your original deposit and the withdrawal requires a high condition. I was deceived by the '50% bonus' of WelTrade and deposited THB 200,000 for a THB 100,000 bonus. But when I wanted to withdraw THB 150,000 in December, I was told that I must trade '300 times the volume' to unlock it. From my typical trade, I would have to continuously trade 3,000 lots, which is impossible in the network environment of Thailand. What's worse, they secretly changed the terms, prioritizing account closing profits before the bonus. When I requested to cancel the bonus and only withdraw the principal, the customer service told me 'the account money is already linked to the bonus, and a forced withdrawal will incur a 50% penalty'. Now, my THB 280,000 in the account is seized. This platform is terrible, don't trust it at all.

2025-08-31 16:27

My withdrawal request

My withdrawal request hasn't been processed for three weeks, and customer service always gives the same excuse: "It's under review by the finance department." How did my original deposit arrive so quickly? Now I'm being harassed trying to get my money back! Your so-called "data-driven" risk control system is nothing but extortion! Every time I withdraw money, they inexplicably claim there's "unusual trading activity" in my account and require additional verification. Even after I provided my ID, bank statements, utility bills, and even a selfie, you still keep demanding more proof. Even more ridiculous, while you're withholding my withdrawals, you're constantly emailing me promotional deposit promotions! I clearly confirmed the use of hedging strategies when I opened my account, but now your risk control department is suddenly saying my Martingale strategy violates regulations and is freezing my account and imposing a fine? WELTRADE is a completely unregulated, dishonest platform!

2025-09-04 16:54

Others

WELTRADE market delay

WELTRADE's market delay wiped out my investment of 95 million rupiah. Last Wednesday, after the Federal Reserve meeting, the USD/IDR exchange rate showed 15.280, but when I placed an order, a message appeared saying 'Price updated to 15.350'—a 70-pip difference, resulting in a loss of 4.2 million rupiah! Even worse, my stop-loss order at 15.300 was not triggered due to the delay, and by the time it was executed, the price had already reached 15.380. This 80-pip difference wiped out my account.

2025-08-28 20:34

Severe Slippage

On the night of the May

On the night of the May non-farm payroll data release, I traded the USD/IDR currency pair on WELTRADE, setting a take-profit point of 15,200. When the market hit 15,205, the platform delayed closing my position for 30 seconds, ultimately closing it at 15,080. My original profit of 1.2 million rupiah turned into a loss of 850,000 rupiah. This slippage only occurs during the early morning hours of Indonesian time (02:00-05:00 Jakarta time), when European and American markets are active but local regulatory complaint channels are closed. By July, my initial investment of 5 million rupiah had lost 2.3 million rupiah due to similar slippage. Yet, the platform continues to push "low spread trading" ads on LINE. I believe this is a scam.

2025-09-01 14:02

WELTRADE, you're a fucking

WELTRADE, you're a fucking scam! I've lost everything to your fake data, and now I can't even withdraw my last bit of capital! When I was trading forex, I always followed your platform's data closely to place orders, but every time I reached a critical profit and was supposed to close a position, your data would jump up and down like crazy! The international market clearly showed the USD/RM was stable at 4.72, but your platform suddenly soared to 4.80 without warning, forcing a stop-loss on my short position! I went to customer service to argue, and they brazenly said, "It's normal market fluctuations due to sudden market news"—a fluctuation of 0.08 pips? The most infuriating thing is the withdrawal issue! I submitted a withdrawal request 15 days ago, and I haven't seen a single cent! This is clearly a deliberate excuse to delay and withhold our funds!

2025-08-31 00:23

Weltrade · Company summary

WELTRADE your platform

WELTRADE, you garbage platform, all the money pits I've struggled to find in Thailand! Last Monday at 9.00, I was staring at the GBP/THB movement chart. The night before, I analyzed nearly a week's worth of trading data and decided to buy 5 lots at 32.15. It turned out that after placing the buy order, the platform directly displayed 'order submission failed.' I thought it was a network issue, so I tried three more times, but the page remained stuck! After 10 minutes, it returned to normal, but the price had already surged to 32.48. I ended up with 64,500 THB less. What's even more infuriating is that when I contacted customer service, they said, 'You were too slow and missed the best timing.' They even used 'data logs' as an excuse, claiming network delays when I submitted the order. At that time, I was using the fastest fiber optic in Bangkok, with internet speed tests showing 100 Mbps—how could there be delays? I've lost nearly 200,000 THB in the past half-month due to platform freezes and failed orders. WELTRADE, are you deliberately playing games and trying to swallow my money?!

2025-09-03 22:51

Sources

Language

Material

WELTRADE Review Summary
Founded	2006
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	NBRB/FSC (Revoked), FSCA (Exceeded)
Market Instruments	Forex, metals, index CFDs, commodities, stock CFDs
Demo Account	✅
Spread	Floating from 1.5 pips (Micro account)
Leverage	Up to 10000x
Trading Platform	MT4, MT5, Weltrade App
Minimum Deposit	USD 1
Customer Support	Live 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 Regions	USA, Canada, EU, Belarus and Russia

WELTRADE Information

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

Pros	Cons
Demo accounts	Revoked NBRB and FSC license
MT4 and MT5 platforms	Exceeded FSCA license
Multiple trading tools	Abnormal 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 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?

Trading Instruments	Supported
Forex	✔
Metals	✔
Index CFDs	✔
Commodities	✔
Stock CFDs	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	Minimum Deposit	Accepted Currencies	Spread	Commission
Micro	USD 1	Cents USD, cents EUR	Floating from 1.5 pips	❌
Pro	USD 100	USD	Floating from 0.5 pips
Premium	USD 25	USD, EUR	Floating from 1.5 pips
SyntX	USD 1	USD	Floating

Leverage

Account Type	Maximum Leverage
Micro	1:1000
Pro
Premium
SyntX	1:10000

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 Platform	Supported	Available Devices	Suitable for
MT4	✔	iOS, Android, Windows, MacOS, Web	Beginners
MT5	✔	iOS, Android, Huawei, Windows, MacOS, Web	Experienced traders
Weltrade App	✔	iOS, Android	/

Deposit and Withdrawal

WELTRADE supports several funding methods:

Payment Method	Accepted Currencies	Deposit Fee	Withdrawal Fee	Deposit Time	Withdrawal Time
VISA/MASTERCARD/UNIONPAY	USD	❌	4% + 2 USD	Instantaneous	30 min, 24/7
Skrill	USD		1%
Neteller	USD, EUR		2% (min. $1.00)
IDLB	IDR	Sender's bank tariff	❌	Within 24 hours
FasaPay	USD, IDR	❌	0.5% (min. $0.01, max. $5.00)	Instantaneous

News

ExposureBeware Weltrade: Scam Reports Surge in One Month

Weltrade scam surge in August 2025: traders report fake prices, slippage manipulation, and delayed withdrawals. Protect your funds and think twice before trading.

2026-02-06 17:09

Beware Weltrade: Scam Reports Surge in One Month

ExposureWeltrade Review 2025: Is This Forex Broker Safe?

Weltrade, established in 2006 and headquartered in Saint Lucia, presents a conflicting profile in the 2025 landscape. While it holds a regulatory license from South Africa's FSCA, its overall WikiFX Score has dropped to a concerning 2.42/10 due to a high volume of investor complaints. Recent data highlights over 40 severe complaints within three months, ranging from withdrawal refusals to system instability. This review analyzes the dichotomy between its regulatory status and the practical risks reported by traders globally.

2026-01-26 20:30

ExposureWeltrade Review 2025: Is This Forex Broker Safe?

2026-01-26 15:30

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