WeTrade

WikiFX | 2025-05-29 14:58

Abstract：　　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 Review Summary
Founded	2021
Registered Country/Region	Hong Kong
Regulation	No regulation
Market Instruments	Forex, commodities, stocks, indices
Demo Account	❌
Leverage	1:100-1:500
Spread	0.7% spreads
Trading Platform	WeTrade
Minimum Deposit	$2
Customer Support	/
Regional Restrictions	US

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.

Pros and Cons

Pros	Cons
Low minimum deposit requirement	No 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.

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	❌

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.

WeTrade Fees

WeTrade charges 0.7% spreads and 0.2% commission fees.

Trading Platform

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

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.