In this section we will analyze the broker WeltTrades (also called welttrades.com), is a Forex and CFD broker. Is WeltTrades really recommended for making an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You may be wondering why we review WeltTrades. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Game Capital Ads Limited.
As to its location, the broker mentions being based in: Saint Vincent and the Grenadines.
If we analyze the regulation of the broker: they do not mention being regulated. We believe that WeltTrades is an unregulated broker.
If now we go on to analyze account types offered by WeltTrades, we noticed that they offer 4 different types of account / plans: Mini Account, Standard Account, Gold Account and Platinum Account. We leave an image with a little information about each type of account.
Mini Account- Minimum initial deposit of $ 250.
Standard Account: Minimum initial deposit of $ 2.500, live chat, access to all the functions of the financial platform.
Gold Account: minimum initial deposit of $ 20.000, live chat, access to all functions of the financial platform, more information on autochartist, SMS signals, VIP manager and individual hotline.
Platinum Account: minimum initial deposit of $ 50.000, live chat, access to all functions of the financial platform, more information on autochartist, SMS signals, VIP manager and individual hotline, one-to-one special promotions, personal reports on the market of values
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that WeltTrades offers are: WeltTrades platform.
We will now analyze the different resources and aids for traders that WeltTrades provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
WeltTrades provides the following aids or resources to traders or stakeholders: some live charts, some news on financial events, really not much more than this.
| Other information about WeltTrades |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number+44 208 089 3931
Email: [email protected] and WeltTrades.com (Skype)
>>> Assessment on WeltTrades <<
Ending with this section, in our opinion Do we believe that the WeltTrades company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in unsafe countries, when looking for reviews about WeltTrades we really did not find any other reviews, which makes us think that it is a broker without a track record. We suggest using caution. The CNMV (Spanish financial regulator) has added WeltTrades to its blacklist of unauthorized brokers.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.