✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company WeTrade FX is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about WeTrade FX and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websitewetradebroker.com – wetrade.net
🏠 CompanyWeTrade International LLC
RegulatoryNot regulated
📧 Email[email protected] - [email protected]
📈 PlataformMT4
📌 AddressEuro House, Richmond Hill Road, Kingstown, St Vincent and Grenadines
🕑 Website ageWebsite registered on: July 16, 2020
Company typeForex, metals, energy, indices, stocks and cryptocurrencies broker

Company: WeTrade FX is owned by WeTrade International LLC.

Location: WeTrade FX mentions being located in Saint Vincent and the Grenadines, a location that is totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.

We can already tell you that we are concerned about several characteristics of this company.

What is WeTrade FX?

After having carried out an analysis of the company's website, we can say that WeTrade FX is a Forex, metals, energy, indices, stocks and cryptocurrencies broker.

Account types

The platform offers 3 different types of accounts:

STP$10
Standard$10
ECN$3000

Information on the web

We Trade Fx Website

Here we show you a screenshot of the WeTrade FX website, which is wetradebroker.com. The capture was made in DECEMBER 2023.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following emails: [email protected] - [email protected]

WeTrade FX Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Final WeTrade FX Rating 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of WeTrade FX and we have reached the following conclusions about this company:

Location: They mention being located in a VERY UNSAFE location such as Saint Vincent and the Grenadines.

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

When evaluating WeTrade FX, clear signals emerge that deserve investors' attention. The location in Saint Vincent and the Grenadines, a known tax haven, raises immediate concerns about transparency and regulatory oversight. The complete absence of regulation is a significant risk, leaving users without protection and without clear recourse in the event of disputes or operational problems.

Furthermore, the poor rating of WeTrade FX reflects the general dissatisfaction of users, indicating possible problems with the platform and the quality of service. Given these considerations, the recommendation is clear: exercise extreme caution and avoid investing with WeTrade FX. Exploring safer and more regulated alternatives is essential to protect your capital and ensure a positive and reliable investment experience.

Updates

WeTrade FX News:

Date Update – news
-No news at the moment

User Reviews

[democracy id = ”9100 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with WeTrade FX.

At the end of the review you will find customer comments.


How to Claim Money Scammed by WeTrade FX

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report WeTrade FX

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to WeTrade FX?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report WeTrade FX?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is WeTrade FX reliable?

No, unfortunately, WeTrade FX is not reliable. The location in Saint Vincent and the Grenadines, a tax haven, together with the lack of regulation and poor user ratings, raises serious questions about the transparency and security of this platform. In light of these risks, we strongly recommend investors avoid investing with WeTrade FX and consider safer, more regulated options to safeguard their capital and ensure a positive investment experience.

How to recover money from WeTrade FX?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «WeTrade FX: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Jorge Luis Garcia Reply

    This company is a hoax. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Jorge Luis García, thank you for writing about WeTrade FX. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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