Weltrade Overview in Malaysia
Weltrade, established in 2006, has become a prominent forex broker in Malaysia. The company offers a range of trading services to Malaysian traders, including forex, commodities, and CFDs. Weltrade’s presence in Malaysia is marked by its commitment to providing competitive trading conditions and advanced platforms. Malaysian traders can access the global financial markets through Weltrade’s user-friendly interfaces and benefit from the broker’s extensive educational resources.
Key features of Weltrade in Malaysia:
- Regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines
- Offers MetaTrader 4 and MetaTrader 5 platforms
- Provides leverage up to 1:1000 for Malaysian traders
- Minimum deposit requirement of 25 USD for Malaysian accounts
- Supports multiple payment methods popular in Malaysia
Account Type | Minimum Deposit (USD) | Spread (EUR/USD) | Maximum Leverage |
Micro | 25 | From 1.5 pips | 1:1000 |
Premium | 200 | From 1.5 pips | 1:1000 |
Pro | 500 | From 0.5 pips | 1:1000 |
Trading Platforms Available to Malaysian Traders
Weltrade provides Malaysian traders with access to the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms offer a robust set of tools and features tailored to meet the needs of both novice and experienced traders in Malaysia. The MT4 platform is known for its user-friendly interface and extensive charting capabilities, while MT5 provides additional features such as an economic calendar and a wider range of timeframes.
MetaTrader 4 Features for Malaysian Users
MetaTrader 4 offers Malaysian traders:
30 built-in technical indicators
9 timeframes for market analysis
Support for Expert Advisors (EAs) for automated trading
Real-time quotes and instant execution of orders
Customizable interface in Malay language
MetaTrader 5 Enhancements for Malaysian Traders
MetaTrader 5 provides additional benefits:
38 technical indicators and 44 analytical objects
21 timeframes for more detailed market analysis
Advanced pending orders (Buy Stop Limit and Sell Stop Limit)
Built-in fundamental analysis tools
Enhanced backtesting capabilities for EAs
Trading Instruments Available to Malaysian Clients
Weltrade offers a diverse range of trading instruments to cater to the preferences of Malaysian traders. The broker provides access to major, minor, and exotic currency pairs, allowing traders to diversify their portfolios and capitalize on various market opportunities. In addition to forex, Malaysian clients can trade precious metals, commodities, and CFDs on indices.
Available trading instruments for Malaysian traders:
Over 35 currency pairs, including MYR-based crosses
Gold and silver trading with competitive spreads
Oil and natural gas CFDs
Major global indices such as S&P 500 and FTSE 100
Cryptocurrency CFDs including Bitcoin and Ethereum
Account Types Tailored for Malaysian Traders
Weltrade offers several account types designed to meet the diverse needs of Malaysian traders. Each account type comes with specific features and benefits, allowing traders to choose the one that best suits their trading style and experience level.
Deposit and Withdrawal Methods for Malaysian Clients
Weltrade provides Malaysian traders with various convenient options for funding their accounts and withdrawing profits. The broker supports local payment methods to ensure smooth transactions for its Malaysian clientele.
Popular payment methods available to Malaysian traders:
Local bank transfers
Credit and debit cards (Visa, Mastercard)
E-wallets (Skrill, Neteller)
Cryptocurrency transfers (Bitcoin, Ethereum)
FPX for instant online banking payments
Educational Resources for Malaysian Traders
Weltrade offers a comprehensive suite of educational materials to help Malaysian traders enhance their skills and knowledge. These resources are designed to cater to traders of all experience levels, from beginners to advanced professionals.
Resource Type | Description | Availability |
Video tutorials | Step-by-step guides on platform usage and trading strategies | Available in Malay and English |
Webinars | Live online sessions with market experts | Weekly schedules |
E-books | In-depth coverage of trading topics | Downloadable PDFs |
Trading glossary | Comprehensive list of trading terms | Searchable online database |
Economic calendar | Real-time economic event tracker | Integrated in MT5 platform |
Customer Support for Malaysian Traders
Weltrade provides dedicated customer support to its Malaysian clients, ensuring that assistance is available whenever needed. The support team is knowledgeable about the specific needs and concerns of Malaysian traders, offering tailored solutions and guidance.
Customer support channels for Malaysian traders:
- 24/7 live chat in Malay and English
- Email support with response times under 24 hours
- Phone support during Malaysian business hours
- Dedicated WhatsApp support line for urgent queries
- Social media support through Facebook and Twitter
Regulation and Security Measures for Malaysian Traders
While Weltrade is not directly regulated by Malaysian authorities, the broker operates under the regulations of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. This regulatory framework provides a level of oversight and protection for Malaysian traders.
Security measures implemented by Weltrade for Malaysian clients:
- Segregation of client funds from company operational accounts
- Use of SSL encryption for all data transmissions
- Two-factor authentication (2FA) for account logins
- Negative balance protection to safeguard traders from excessive losses
- Regular third-party audits of financial operations
Promotions and Bonuses for Malaysian Traders
Weltrade offers various promotional programs and bonuses to attract and retain Malaysian traders. These offers are designed to provide additional value and trading opportunities to clients.
| Promotion Name | Benefit | Eligibility Criteria |
| Welcome Bonus | 100% bonus on first deposit | New accounts with minimum 100 USD deposit |
| Loyalty Program | Cashback up to 50% on spread | Based on trading volume |
| Referral Program | 10 USD per referred client | For existing clients |
| Demo Contest | Monthly prizes up to 1000 USD | Open to all demo account holders |
| No-Deposit Bonus | 50 USD trading credit | For new verified accounts |
FAQ
The minimum deposit required to open a Weltrade account in Malaysia is 25 USD for the Micro account type. This low entry barrier makes it accessible for Malaysian traders to start their forex trading journey.
Yes, Weltrade provides Islamic (swap-free) accounts for Malaysian traders who follow Shariah principles. These accounts do not involve the charging or paying of interest on overnight positions, making them compliant with Islamic finance rules.
Yes, Malaysian traders can use Expert Advisors (EAs) on both MetaTrader 4 and MetaTrader 5 platforms offered by Weltrade. The broker supports automated trading strategies, allowing Malaysian clients to implement and run their EAs 24/5 on the provided servers.
