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WELTEX

WikiFX | 2024-12-30 18:45

Abstract:WELTEX is a broker. Its tradable instruments include forex, indices, commodities, and shares. The broker also provides six accounts with a maximum leverage of 1:400. The minimum spread is 0.1 pips, and the minimum deposit is $10000. However, due to its unregulated status, WELTEX is still risky.

WELTEX Review Summary
Founded2-5 years
Registered Country/RegionPoland
RegulationUnregulated
Market InstrumentsForex/Indices/Commodities/Shares
Demo Account/
LeverageUp to 1:400
SpreadFrom 0.1 pips
Trading PlatformWeltex(Android/IOS)
Min Deposit$10000
Customer SupportPhone: +48 51 801 83 73
Email: support@weltex.co

WELTEX Information

WELTEX is a broker. Its tradable instruments include forex, indices, commodities, and shares. The broker also provides six accounts with a maximum leverage of 1:400. The minimum spread is 0.1 pips, and the minimum deposit is $10000. However, due to its unregulated status, WELTEX is still risky.

WELTEX Information

Pros and Cons

Pros Cons
Leverage up to 1:400Unregulated
24/5 customer supportMT4/MT5 unavailable
Various tradable instrumentsNo specific transfer method
Spread from 0.1 pipsUnspecific transfer time and fee information
Unclear swap fee
Inaccessible official website

Is WELTEX Legit?

WELTEX is not regulated, making it less safe than regulated brokers.

Is WELTEX Legit?
Is WELTEX Legit?

What Can I Trade on WELTEX?

WELTEX offers 100+ market instruments, including forex, indices, commodities, and shares.

Tradable Instruments Supported
Forex✔
Indices✔
Shares✔
Commodities✔
Stocks❌
Cryptocurrencies❌
Precious Metals❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on WELTEX?

Account Type

WELTEX has six account types: standard, bronze, silver, gold, VIP, and pro. Traders who want low leverage can choose standard, bronze, and silver accounts, while those with a sufficient budget can open a pro account.

Account Type StandardBronzeSilverGoldVIPPro
Leverage1:2001:2001:2001:2001:3001:400
Margin loanUp to 25%Up to 30%Up to 35%Up to 50%Up to 75%Up to 100%
Minimum Deposit$10000$25000$50000$100000$250000$1000000

WELTEX Fees

The spread is from 0.1 pips. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

WELTEX provides a propriety trading platform available in Android and iOS versions, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported Available Devices
Weltex✔Android/IOS
Trading Platform

Deposit and Withdrawal

The minimum deposit is $10000. However, the official website is inaccessible, so transfer processing times, methods, and associated fees are unknown.

Forex tradingForex Broker

Related broker

No Regulation
WELTEX
Company name:WELTEX
Score
1.49
Website:https://weltex.co/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

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