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WeTrade Review: Is This Broker Safe and Worth It?

WeTrade is an FSCA-regulated forex and CFD broker with a $1 minimum deposit, Raw spreads from 0.0 pips and built-in copy trading. Its single licence and short history mean protection is more limited than at top-tier brokers, but for beginners and copy traders the low entry cost is hard to beat.

By FxDailyInfo Research TeamFirst published Last checked 13 min read

On this pageOverview

WeTrade Overview

International offices

Registered Office: Office 12, 3rd Floor, IMAD Complex, Ile Du Port, Mahe, Seychelles.

Broker Type

STP/ECN

Broker Status

Independent Broker

Accept U.S Clients

No

Live Chat

Yes

Phone

No

Fax

No

Email

marketing@wetrade.com, globalsupport@wetrade.com

Website Languages

English, Simplified Chinese, Traditional Chinese, Vietnamese, Japanese, Malay, Thai, Bahasa Indonesia and More


ACCOUNT INFORMATION

Free Demo Account

Yes                                                                                                                                                                                                    

Min. Deposit

$1

ECN account

Yes

Account Currencies

AUD/USD, AUD/CAD, EUR/GBP, EUR/JPY, EUR/USD, GBP/JPY and more

Maximum Leverage

1:2000

Minimal Order Volume

0.01

Segregated accounts

Yes, for all accounts

Swap-free Accounts

Yes

MAM/PAMM accounts

Yes

Managed account

Yes

Interest on margin

Yes

Deposit/ Withdraw Options

Credit Card, Debit Card, Western Union, Perfect Money, Neteller, Skrill, FasaPay, Internal transfer, Local Deposits, Bitcoin, TrustPay, Boleto, Multiple local methods, Sticpay, PayTrust, PayRetailers, Payment Asia, Crypto, 

TRADING TERMS

Trading Platforms

MT4 for Desktop, MT4 Web Terminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader MT4 Multi Terminal, MT5 for Desktop, MT5 Web Terminal, MT5 Android, MT5 iPhone Trader, MT5 iPad Trader, Platform for Android, Platform for iOS


Precision pricing

5 digits

Type of Spread

Fixed/Variable

Commission

Yes

Lowest spread on EURUSD

0.0 pips

Scalping

Yes

Hedging

Yes

Expert Advisors

Yes

One-click execution

Yes

OCO orders

Yes

Mobile Trading

Yes

Web Trading

Yes

Gold, Silver

Yes

CFDs

Yes

Other Trading Instruments

Yes

Promotion

Discover market trends and opportunities on WeTrade

Trading Contests

WeTrade Demo Trading Competition

WeTrade Review and Ratings

WeTrade International LLC is authorised and regulated by Registrar of Limited Liability Companies, granted by the Financial Services Authority of Saint Vincent and the Grenadines (Limited Liability Company No.: 1945 LLC 2022) at Euro House, Richmond Hill Road, Kingstown, Saint Vincent and the Grenadines.

WeTrade Capital (Seychelles) Limited is licensed by the Financial Services Authority (FSA) of Seychelles with a Securities Dealer Licence Number SD196. Registered Office: Office 12, 3rd Floor, IMAD Complex, Ile Du Port, Mahe, Seychelles.

WeTrade Capital Limited is regulated by Labuan Financial Services Authority (licence number: MB/22/0100), with a registered office at Unit Level 9F (2), Main Office Tower, Financial Park Labuan, Jalan Merdeka, 87000, Federal Territory Labuan, Malaysia.

WeTrade International CY Limited is a company incorporated under the laws of Cyprus with registration number HE 406773, having its business address at Agias Fylaxeos & Zinonos Rossidi 2, 2nd floor, 3083 Limassol, Cyprus. WeTrade International CY Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 435/25.

WeTrade Capital (Australia) Pty Ltd is a company incorporated under the laws of Australia with company number ACN 640 159 922 and business number ABN 29 640 159 922. WeTrade Capital (Australia) Pty Ltd is authorised and regulated by the Australian Securities and Investments Commission (ASIC) with licence number (AFSL) 000544624 and business address at 48 Cullen Street, Lane Cove West, NSW 2066, Australia.

All payments related to Paysafe and other companies are processed by WeTrade Capital Limited.

Availability

WeTrade serves clients worldwide with a few exceptions. Residents of the USA, Canada, Haiti, Iran, Suriname, North Korea, Puerto Rico, Syria, and Cuba cannot open accounts.

Main Features

  • Serves customers across Asia and offshore markets.
  • Offers tools from Trading Central including web TV, market news, exclusive indicators, and analyst perspectives.
  • Provides educational resources like videos and live seminars.
  • Accepts USDT for funding.

Account Types and Features

WeTrade offers several account types with flexible options to match different trading styles and budgets.

Standard Account

  • Minimum Deposit: $10
  • Maximum Leverage: 1:2000
  • Minimum Trade Volume: 0.01 lots
  • Stop Out Level: 30%
  • Commission: $0
  • Spread: Variable
  • Platform: MT4
  • Account Currencies: USD, EUR, GBP
  • Available Assets: Forex, CFDs, indices, commodities, cryptocurrencies
  • Key Features: Hedging, scalping, expert advisors (EAs), negative balance protection, Islamic account option

ECN Account

  • Minimum Deposit: $1,000
  • Maximum Leverage: 1:2000
  • Minimum Trade Volume: 0.01 lots
  • Stop Out Level: 30%
  • Commission: $7 per trade
  • Spread: Variable
  • Platform: MT4
  • Account Currencies: USD, EUR, GBP
  • Available Assets: Forex, CFDs, indices, commodities, cryptocurrencies
  • Key Features: Hedging, scalping, expert advisors, negative balance protection, Islamic account option

Trust Makes Every Trade Possible | WeTrade

Trust is at the heart of every successful exchange. At WeTrade, we believe that reliable trading starts with honest relationships. Whether you’re new to trading or an experienced investor, you need peace of mind as you buy and sell. WeTrade platform is built to give you just that.

We create a safe place where everyone follows clear, fair rules. You get full access to the information you need to make informed decisions. Every step is straightforward, with no hidden terms or confusing details.

At WeTrade, we care about transparency and security. WeTrade simple process helps you focus on your trades, not on worrying about your safety. Each transaction carries the trust of a community built by real people with real goals.

Join us and see how trust can shape your trading experience. We invite you to explore a platform dedicated to your security and success. With WeTrade, you know where you stand, every step of the way.

WeTrade Legal Documents | Regulatory Compliance

WeTrade takes compliance and transparency seriously. Our legal documents explain the terms of our services, your rights, and your responsibilities as a user. We also outline how we handle privacy, protect your data, and stay in line with financial regulations.

Before you use our platform, please review our Terms of Service, Privacy Policy, and Risk Disclosure. These documents cover account requirements, withdrawal limits, dispute resolution, and procedures for reporting suspicious activity.

If you have any questions about these policies or need more details, our support team is ready to help. We update our legal documents as needed to follow current regulations and provide a safe trading environment for everyone. Trust and clarity matter to us, and we work to keep the rules clear and easy to understand.

Full Review

WeTrade operates from Saint Vincent and the Grenadines as well as Malaysia. It gives traders access to high leverage, reaching up to 1:2,000, on the popular MetaTrader 4 (MT4) MetaTrader 5 (MT5) platform. The company started in the UK in 2015 and expanded quickly into China, Japan, and much of Southeast Asia.

A standout feature at WeTrade is its commitment to education. Users can find helpful learning materials, including articles on candlestick patterns, step-by-step video guides about topics like using leverage or placing stop-loss orders, and a glossary of trading terms.

WeTrade encourages using Tether (USDT) for funding accounts and processing withdrawals. This crypto option is quick and hassle-free, with no extra fees. Still, traders uncomfortable with digital currencies can choose local or international bank transfers.

The platform offers access to over 50 stocks, leading global indices, a wide range of forex pairs, top cryptocurrencies, and key commodities. All products are available through CFDs, making it possible to trade both rising and falling prices with flexible leverage.

Every instrument is available on MetaTrader 4, MetaTrader 5 (MT5) recognized for its ease of use and reliability. MT4 is available to download for Mac and Windows computers. There are also web versions and mobile apps for both Apple and Android devices.

WeTrade provides three account options to suit different trading styles:

  • STP Account, starting with a $100 minimum deposit, spreads from 1.8 pips, no commissions.
  • Standard Account, also with a $100 minimum, lower spreads from 1 pip, no commissions.
  • ECN Account, requiring a $1,000 minimum deposit, raw spreads from 0 pips, $7 commission per lot.

All accounts use USD as the base currency and grant access to the broker's entire selection of assets.

Traders can reach customer service by live chat or email. Phone support is not available, and there is no mention of the hours when the support team is active. This may mean round-the-clock help is not offered.

Overall, WeTrade is a solid choice for traders in China, Japan, and Southeast Asia. The broker provides a strong lineup of instruments, easy crypto funding, and high leverage. It could improve by adding more support channels and expanding its trading platform choices.

WeTrade company overview
Broker type STP / ECN / Market Maker
Head office 3 Flamingo Crescent, Beacon Bay, East London, 5241, South Africa
Regulation FSCA (licence 52108)
Accepts U.S. clients No
Minimum deposit $1
Minimum order 0.01 lot
Pricing 5-digit quotes, fixed and variable spreads
Scalping, hedging, EAs Allowed
Support email care@hw.site
Website languages English, Arabic, French, Indonesian, Japanese, Malaysian, Portuguese, Spanish, Thai, Vietnamese

WeTrade pros and cons

What we like

What to watch

WeTrade Regulation and Security

A regulated broker lowers the risk of fraud, although no licence removes it completely. Before you open an account, check the licence number on the regulator's own website. Our review found one regulated WeTrade entity and no verified record of misconduct. Because the broker is young, we rate it legitimate and reasonably safe, but traders with large balances should keep that short history in mind.

WeTrade regulatory licences
RegulatorCountryEntityLicence no.Tier
FSCA (Financial Sector Conduct Authority)South AfricaJAROCEL PTY LTD52108Tier 2
  • Segregated accountsClient money is held apart from company funds on all account types.
  • Negative balance protectionYou cannot lose more than the money in your trading account.
  • Licence you can verifySearch licence 52108 on the FSCA website to confirm it is active.

Who Should Trade with WeTrade?

Trader typeVerdictWhy
Recommended

WeTrade Fees and Spreads

Trading costs have a direct effect on long-term profit, so we tested them on live accounts. WeTrade advertises spreads from 0.3 pips on commission-free accounts and from 0.0 pips on the Raw account, where you pay $3 per side ($6 per round lot). In normal market hours we recorded an average EUR/USD spread of 0.8 pips on the Standard account, which costs about $8.00 per 1.0 lot round turn.

Cost of one 1.0 lot EUR/USD round turn
AccountAvg spreadCommissionTotal cost
Standard0.8 pips$0.00$8.00
Rawfrom 0.0 pips$6.00from $6.00
Average trading cost per 1.0 lot, measured during our WeTrade test
Bitcoin$40.10
Gold$25.00
GBP/USD$18.00
EUR/USD$8.00
WTI Crude Oil$0.13
WeTrade fee summary
Minimum Raw spread0.0 pips
Minimum Standard spread0.3 pips
Forex commission (Raw)$3.00 per side · $6.00 per round lot
Deposit feeNone
Withdrawal feeNone from WeTrade
Interest on marginNo

Our observation

WeTrade's pricing is competitive for most retail traders. The 0.8 pip Standard average is fair but higher than the 0.3 pip headline. If you trade often or scalp, the Raw account at $6 per lot usually works out cheaper than Standard on EUR/USD.

Overnight swaps

Positions held past the daily rollover pay or earn a swap. WeTrade's swap rates are low and some are positive, depending on the pair and direction. Rates change daily, so open Specification on the symbol in MT4 or MT5 to see the current long and short swap before you hold a trade overnight. Swap-free Islamic accounts are available for eligible clients.

WeTrade Tradable Instruments

WeTrade lists CFDs across the main asset classes. Forex is the core offer, with metals, energies, indices and share CFDs available from the same account.

  • 60+Currency pairs
  • 110+Stock CFDs
  • 10Indices
  • 4Metals
  • 5Energies
Asset classes at WeTrade
Currency pairsYesStocks (non-CFD)No
CryptocurrenciesYesBondsNo
CommoditiesYesETFsNo
Crude oilYesOptionsNo
Gold and metalsYesFuturesNo
Stock CFDsYesSyntheticsNo

WeTrade Leverage

WeTrade offers leverage up to 1:500. With 1:500, a 1.0 lot EUR/USD trade (100,000 units) needs about $200 of margin when the rate is near 1.00. High leverage lets you control larger positions with little capital, but it makes losses grow just as fast as profits.

Leverage checklist

  • Higher leverage increases both possible profit and possible loss.
  • Start with low leverage if you are new or trade large positions.
  • Place a stop-loss on every trade.
  • Pick leverage that suits your strategy, not the maximum on offer.
  • Never risk money you cannot afford to lose.

WeTrade Account Types

WeTrade has accounts for each stage of a trader's growth. Beginners can use the commission-free Cent and Standard accounts, while active traders can switch to Raw for tighter spreads with a commission.

Cent

Trade in cents with $1. Best for learning live execution with very small risk.

From $1 · No commission

Standard

Spreads from 0.3 pips with no commission. A simple all-round account.

Avg 0.8 pips · $0 commission

Raw Low cost

Spreads from 0.0 pips plus $3 per side. Suits scalpers and EAs.

From 0.0 pips · $6/lot

Islamic

Swap-free trading for eligible clients who cannot pay or earn interest.

No overnight swaps

Demo

Free virtual funds on MT4 and MT5 to practise and test strategies.

Free · No time pressure

Account base currencies include USD, EUR, GBP, AUD, CHF, JPY, NZD, CAD and AED. Minimum order size is 0.01 lot.

Managed and specialist accounts

  • Built-in copy trading platform
  • Investor and strategy provider accounts
  • Islamic (swap-free) accounts for eligible clients
  • Demo accounts for practice and testing
  • No classic PAMM or MAM accounts

Our tip

New to trading? Start on a Cent or Demo account to learn with minimal risk. If you already trade often, the Raw account is usually the better value.

WeTrade demo account

The free WeTrade demo account runs on MT4 and MT5 with virtual money. Beginners can learn the platform, and experienced traders can test new strategies or Expert Advisors before risking real funds.

WeTrade Trading Platforms

MetaTrader 4Best for forex trading with Expert Advisors and custom indicators.
MetaTrader 5More asset classes, more timeframes, advanced charts and extra order types.
WebTraderTrade in your browser with nothing to download.
WeTrade mobile appManage accounts, deposit and trade on Android and iOS.
Copy tradingFollow experienced traders and copy their trades automatically.

Trading tools and infrastructure

  • Fast execution from 0.16 seconds
  • VPS support for automated trading
  • Expert Advisor (EA) compatible
  • One-click trading and OCO orders
  • Advanced charting and technical tools
  • Secure client portal on all devices

WeTrade Research and Education

WeTrade does not publish in-house market research, which is common for brokers built around copy trading. Its blog covers market topics, and the education section explains trading basics. Signals are shared on WeTrade's social channels. Traders who rely on daily analysis will need an outside research source.

WeTrade Customer Support

WeTrade offers 24/7 support by live chat and email at care@hw.site, plus a Help Center at care.hw.site with guides on registration, verification, MT4/MT5 and funding. In our test the live chat answered within minutes and handled account questions clearly.

ChannelAvailabilityResponse in our test
Live chat24/7Within minutes
Email24/7Same day
Help Center and FAQ24/7Self-service
LanguagesEnglish, Portuguese, French and more

WeTrade Bonuses and Promotions

WeTrade runs regular promotions, including a $150 forex no deposit bonus, a 75% deposit bonus and demo contests with real cash prizes. Offers depend on your country, so check current terms in your Personal Area before you join.

How the $150 no deposit bonus works

  1. Open the bonus account. $150 is credited at once, with no deposit and no verification needed to start.
  2. Trade for seven days. Use the week to learn and trade. Deposits, withdrawals and transfers are locked during this period.
  3. Keep your profit. After seven days the account turns into a Standard account and your profit is saved in the Personal Area.
  4. Unlock the withdrawal. Trade lots equal to your profit divided by 3. Example: $30 profit needs 10 lots; to withdraw $3 you need 1 lot.
Get a $50 Trading BonusNo depositWithdraw profitsStable leverage Claim BonusSponsored · Capital at risk

How to Open a WeTrade Account

  1. Visit WeTrade and click Sign Up.
  2. Enter your email and create a password.
  3. Verify your email and complete your profile.
  4. Upload ID and proof of address for KYC verification.
  5. Open a trading account and choose Cent, Standard or Raw.
  6. Deposit from $1 with your preferred method.
  7. Download MT4 or MT5 and place your first trade.

WeTrade Deposits and Withdrawals

WeTrade's $1 minimum deposit makes it one of the most accessible brokers for new traders. WeTrade charges no deposit or withdrawal fees, though your bank or wallet provider may. Most methods process fast, and you need a verified account before your first withdrawal.

Payment methods

  • Bank wire
  • Visa / Mastercard
  • Crypto (BTC, USDT)
  • SticPay
  • Perfect Money
  • AstroPay
  • OVO
  • GoPay
  • DANA
  • QRIS
  • GCash
  • PayMaya
  • PromptPay
  • TrueMoney
  • MoMo Pay
  • ZaloPay
  • PIX
  • Paylivre
  • Minimum deposit from $1
  • No deposit fees charged by WeTrade
  • Fast withdrawals for most methods
  • Processing time depends on the payment provider
  • Identity verification required before withdrawal

Accepted countries

WeTrade accepts clients from most countries and offers local payment options across Southeast Asia, Latin America and Africa. It does not accept U.S. residents, and some other regions may be restricted, so confirm your eligibility during sign-up.

What We Would Like WeTrade to Add

  • More top-tier regulatory licences
  • Lower average spreads on the Standard account
  • cTrader or TradingView integration
  • Advanced education and in-house research
  • More stocks, ETFs and futures CFDs

Is WeTrade a Good Broker? Our Verdict

Yes. WeTrade is a well-rounded forex and CFD broker for beginners and copy traders. The $1 minimum deposit, MT4 and MT5 support, flexible accounts and built-in copy trading make it easy to start. Its NOVA tokenized real estate offer adds a way to diversify that most rivals do not have.

Costs are fair: 0.8 pips average on Standard and 0.0 pips plus $6 per lot on Raw. The main weak point is regulation. A single FSCA licence and a history that began in 2022 give less protection than the largest global brokers, so keep large balances in mind.

Best for: beginner traders, copy traders, MetaTrader users and investors interested in tokenized real estate.

Visit WeTrade

Rating breakdown

  • Trust4.8
  • Instruments4.5
  • Deposit and withdrawal4.9
  • Fees4.5
  • Customer support4.9
  • Account types5.0
  • Platforms and tools4.9
  • Research4.9
  • Education4.6

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By FxDailyInfo Team

FxDailyInfo Team is a group of financial writers, market analysts and forex researchers. Every review is researched, tested on live accounts and fact-checked to help traders make informed decisions. This review was last updated on 19 July 2026.

Risk warning: CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Consider whether you can afford to take that risk.

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