WeTrade Review: Regulation, Fees and Accounts
WeTrade
St. Vincent & the Grenadines
Your money is at risk
WeTrade overview: what kind of broker is it?
WeTrade is an ECN/STD forex and CFD broker based in St. Vincent & the Grenadines, founded in 2015. Regulation: SVG with number 25198 IBC 2018.
Traders get MT4 Desktop and MT4 Multi Terminal, spreads from 0.0 Pips, leverage up to 1:1000 and a $100 minimum deposit. New clients can also check the current 100% Deposits Welcome Bonus.
Tradable markets include Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures, Exchange Stocks, Exchange ETFs.
WeTrade broker specifications
Company and regulation
| Broker | WeTrade |
|---|---|
| Regulated by | SVG with number 25198 IBC 2018 |
| Type of broker | ECN/STD |
| Country | St. Vincent & the Grenadines |
| Foundation year | 2015 |
| Website | Visit WeTrade website |
| Website languages | English, Chinese, Indonesian, Vietnamese, Thai, Malaysia, Arabic and More |
Trading conditions
| Minimum deposit | $100 |
|---|---|
| Maximum leverage | 1:1000 |
| Minimum spreads | 0.0 Pips |
| Base currencies | USD, GBP, EUR |
| Tradable instruments | Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures, Exchange Stocks, Exchange ETFs |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Web trading | Yes |
| Mobile trading | Yes |
Bonus and promotions
| Current promotion | 100% Deposits Welcome Bonus |
|---|---|
| Welcome bonus | 100% Deposits Welcome Bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | Not available |
|---|---|
| Email / Skype | globalsupport@wetradefx.com |
| Fax | Not available |
| Head office | First Floor, First St. Vincent Bank Ltd Building, P. O Box 1574, James Street, Kingstown, St. Vincent & the Grenadines |
| Contact form | Contact WeTrade |
WeTrade pros and cons
Pros
- Regulated: SVG with number 25198 IBC 2018
- 100% Deposits Welcome Bonus
- Low $100 minimum deposit
- Spreads from 0.0 Pips, ECN/STD execution
- MT4 Desktop and MT4 Multi Terminal and more platforms
- Islamic, mini, VIP and managed accounts
- 7 deposit and withdrawal methods
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
- Leverage up to 1:1000 is very high risk
WeTrade account types
WeTrade offers several account options so beginners and experienced traders can both find a fit. Live accounts start from a $100 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Swap-free account | Yes |
| Managed account | Yes |
| Segregated client funds | Yes |
WeTrade Review, Rating and Updates Information
Find comprehensive reviews, ratings, and the latest updates about WeTrade to make informed decisions about this platform. Stay up to date with all the information you need.
WeTrade trading platforms
WeTrade runs on MT4 Desktop and MT4 Multi Terminal, which give you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
Stay up to date with the latest information, reviews, ratings, and updates on WeTrade. Find all you need to know about the platform in one place.
WeTrade deposit and withdrawal methods
The same methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Crypto
Is WeTrade safe and legit?
WeTrade is a regulated broker. SVG with number 25198 IBC 2018. The broker says client money is kept in segregated accounts, separate from company funds.
Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:1000.
Our verdict on safety
WeTrade suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.
Full WeTrade review
Stay updated on WeTrade with the latest reviews, ratings, and information. Find out everything you need to know about WeTrade in one place.
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