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Overview

Weltrade was founded in 2006 by Systemgates LTD and during its existence it has been able to achieve significant results.

Currently Weltrade is in theTOP 20 of the best Forex brokers in the CIS countries and the Baltic region. It offers free training required for the profession Forex trader on the basis of many materials published on its site, as well as participation in webinars where professionals explain all the minutest details of the foreign exchange market and how to make a profit on it. All new customers of Weltrade can also register for free in the competition, where many Forex bonuses are drawn and winners are awarded with a cash prize of $1,500.

Broker allows customers to use a unique trading platform ZuluTrade, which trades automatically on the foreign exchange Forex market, using numerous trading signals and carefully analyzing them.

Bonuses

Weltrade offers new customers to take part in a regular competition, which is held on demo accounts, and allows the most successful Forex traders to receive attractive bonuses for prize places.

Distribution of cash prizes in the contest:

- the 1st place - 1500 dollars

- the 2nd place - 1000 dollars

- the 3rd place - 600 dollars

- the 4th place - 500 dollars

- the 5th place - 400 dollars

- the 6th place - 350 dollars

- the 7th place - 340 dollars

- the 8th place - 320 dollars

- the 9th place - 310 dollars

- the 10th place - 300 dollars.

Customers need to sign up on the site of a broker to participate in the contest, indicating the accurate data. Then participants are provided with special demo accounts with the startup capital of $10,000. At the end of the contest winners are identified, i.e. participants, who have earned the highest profit, they will be awarded with Forex bonus in the form of cash prizes.

Loyalty program Weltrade gives an opportunity to use eToken Pass and VPS with a significant discount or for free.

Levels of the loyalty program:

- Bronze from 0 lots per month - VPS - $7.99, eToken Pass - $39.99

- Silver from 5 lots - VPS - $7.99, eToken Pass - $39.99

- Gold from 50 lots - VPS - $7.99, eToken Pass - $29.99

- Platinum from 150 lots - VPS - $5.99, eToken Pass - $29.99

- VIP - all services are free of charge.

Training

Weltrade offers all users the comprehensive training, including Forex trading books, webinars and video tutorials.

Forex trading books and books about financial markets are available for free downloading:

- Synopsis of a novice trader by S. Boriychuk

- Technical analysis. The complete course by Jack Schwager

- Japanese candlesticks: graphical analysis of financial markets by Steve Nison

- Trading on the global financial markets by Cornelius Luca

- Technical analysis of the futures market by John J. Murphy

- Computer analysis of the futures market by Charles LeBeau and David Lucas

- Statistics for traders by S.V. Bulashev.

Webinars about the foreign exchange market:

- Practical course for novice Forex traders. Technical analysis. Forex trend indicators

- Graphical analysis of the major trading instruments

- Elliott wave analysis

- Practical course for new Forex traders. Japanese candlesticks and their analysis

- Basic graphic patterns

- Course for new Forex traders. Lines and trends.

Video courses about the foreign exchange market will allow users to learn the basics of stock trading, learn ho to steadily make a profit with minimal risk.

All new Forex traders can open also a demo account, which allows them to trade in real time with virtual money, which enables to learn how to trade different currency pairs without risk for funds, and if necessary, to create and test the customer's own trading system.

Terms of trading

Broker Weltrade offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $25

- the leverage is 1:500 (the decrease to 1:33 is possible)

- a lot of currency pairs, securities, gold, silver, futures)

- spread is fixed from 2 points (the floating one is from 0.4 points).

Trading platforms for operation on the foreign exchange market:

MetaTrader 4

- multi-language support

- Instant Execution order

- the possibility to operate various trading advisor

- automatic trading settings

- moving stop loss

- MetaQuotes Language 4

- quotes export via DDE

- charts printing

MetaTrader 5

- multi-language support

- Instant Execution order

- thirty eight incorporated Forex indicators

- seventy nine instruments for analytics

- complete technical analysis of currency quotes

- connection of Forex trading advisors

- MetaQuotes Language 5

- quotes export via DDE

- charts printing.

eTRADER

- multi-language support

- the use of the network ESN/STP

- quick entrance to the market

- a lot of Forex indicators

- possibility of addition of new indicators

- connection of Forex advisors

- execution of orders by one click

- removable charts

- history of trading sessions

- connection with the use of a proxy.

Types of trading accounts:

Micro

- the minimum deposit is $25

- spread is fixed from 2 points

- the leverage is from 1:33 to 1:500

- no commission

- Stop Out level - 5%

- Margin Call level - 20%

- the minimum contract is 0.1

- trading platforms are MT4, MT5.

Premium

- the minimum deposit is $200

- spread is fixed from 2 points

- the leverage is from 1:33 to 1:500

- no commission

- Stop Out level - 5%

- Margin Call level - 20%

- the minimum contract is 0.01

- trading platforms are MT4, MT5

- the interest on idle funds is 3,5%

ESN

- the minimum deposit is $500

- spread is floating from 0.4 points

- the leverage is from 1:1 to 1:100

- no commission

- Stop Out level - 50%

- Margin Call level - 100%

- the minimum contract is 0.01

- trading platforms are MT4, eTrader.

ZuluTrade (automatic trading)

- the minimum deposit is $200

- spread is fixed from 2 points

- the leverage is from 1:33 to 1:500

- commission is two points

- Stop Out level - 5%

- Margin Call level - 20%

- the minimum contract is 0.01

- trading platform is MT4.

Forex indicators (recommended)

- Ind TD DeMark

- Day Implus

- Moving Average

- VininI LRMA color

- Price Channel.

Forex expert advisors (recommended)

- Profit FIXATOR (an automatic Forex advisor, showing good results in intraday currency pairs trading, but it can also be used in manual mode)

- Forex EA Better (an automatic Forex advisor, based on a neural network that allows self-learning in the course of trading on the foreign exchange market, which gives a pretty good profit in the future)

- Gepard 5.0 (an universal Forex advisor that is able to operate successfully on the foreign exchange market, both in automatic and manual mode due to numerous options).

Investments

Weltrade does not provide the service of PAMM-accounts that allows customers to invest money in the successful managers, receiving stable profits on the Forex market. If one of the broker's customers still wants to invest his finances on the Forex market for receiving a stable income, they can take advantage of the trading platform ZuluTrade, which provides automatic trading of various currency pairs. The operation of the platform depends on trading signals, as well as automatic orders that are taken by professional Forex traders only after a detailed analysis.

Unique features

Weltrade offers its customers to join an affiliate program, participating in which everyone can earn money without risking his own finances.

The affiliate program has four levels and it gives customers the opportunity to earn up to 75% from the spread of attracted customers.

Payouts to partners depending on the level:

- the 1st level - 50% from spread or commission

- the 2nd level - 10% from spread or commission

- the 3rd level - 4% from spread or commission

- the 4th level - 3% from spread or commission.

According to statistics, even the broker partners of the fourth level earn an average of $100 per month. Those who are at the first level have the average monthly income approximately $2,500. The most active partners have a stable income in the amount of $7,000 and higher.

Add/withdraw funds

Weltrade offers the following methods of deposit and withdrawal of funds: VISA, MasterCard, Yandex Money, QIWI, EasyPay, WebMoney, Wallet, moneta.ru and bank transfers.

Contacts

Weltrade provides 24 hours a day support to all customers via online chat, Skype Weltrade.Info, e-mail address [email protected] and by telephone number + 7-499-918-71-47. In addition, a customer can request a callback on the site of the broker, after that its specialists will contact the customer.

Cons and pros

+ the fast-growing broker

+ the minimum deposit is $25

+ small spread

+ good leverage

+ online training

- no deposit Forex bonus

- a small number of promotions and contests.

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