Weltrade's History and Establishment
Weltrade, a prominent forex and CFD broker, has been serving traders in Malaysia and globally since its inception in 2006. Founded with the aim of providing accessible and efficient trading services, Weltrade has grown significantly over its 17-year history. The company’s journey began in Russia under the name SystemForex, later rebranding to Weltrade in 2012 as part of its international expansion strategy. This rebranding coincided with the company’s push into Asian markets, including Malaysia, where it has since established a strong presence.
Key milestones in Weltrade’s history:
- 2006: Founded as SystemForex in Russia
- 2012: Rebranded to Weltrade, expanding into Asian markets
- 2015: Obtained regulation from the Financial Services Authority (FSA) of Saint Vincent and the Grenadines
- 2018: Launched innovative trading tools and expanded product offerings
- 2022: Celebrated serving over 200,000 clients globally
| Year | Active Traders | Trading Volume (USD Billion) | Countries Served |
| 2006 | 1,000 | 0.5 | 3 |
| 2012 | 50,000 | 20 | 15 |
| 2018 | 150,000 | 100 | 50 |
| 2022 | 200,000+ | 200+ | 80+ |
Regulatory Framework and Compliance
Weltrade operates under the regulatory oversight of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. This regulatory framework provides a level of oversight and client protection, although it’s important to note that it may not offer the same level of protection as some top-tier regulatory bodies. In Malaysia, Weltrade adheres to local financial regulations while operating under its international license. The company implements strict compliance measures to ensure the security of client funds and maintain operational integrity.Key Compliance Measures
- Segregation of client funds from company operational accounts
- Regular audits by third-party financial firms
- Implementation of Anti-Money Laundering (AML) policies
- Know Your Customer (KYC) procedures for account verification
- Negative balance protection for retail clients
Trading Platforms Offered by Weltrade
Weltrade provides Malaysian traders with access to industry-standard trading platforms, specifically MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are renowned for their robust features, user-friendly interfaces, and extensive analytical tools. Both MT4 and MT5 are available in desktop, web-based, and mobile versions, ensuring flexibility for traders to access markets from various devices. The platforms support multiple languages, including Malay, catering to the diverse linguistic needs of Malaysian traders. Features common to both MT4 and MT5 platforms:- Advanced charting capabilities with multiple timeframes
- Wide range of technical indicators and drawing tools
- Support for automated trading through Expert Advisors (EAs)
- Real-time market quotes and news feeds
- Customizable interface to suit individual trader preferences
Account Types and Trading Conditions
Weltrade offers several account types to cater to the diverse needs of Malaysian traders. Each account type is designed to suit different trading styles, experience levels, and capital requirements. The account structure provides options for both beginners and experienced traders, with varying spreads, leverage, and minimum deposit requirements. Weltrade also offers Islamic (swap-free) accounts for traders who adhere to Shariah principles.| 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 |
| ECN | 1,000 | From 0.3 pips | 1:500 |
Financial Instruments and Markets
Weltrade provides Malaysian traders with access to a diverse range of financial instruments across various asset classes. The company’s offering includes forex pairs, commodities, indices, and cryptocurrencies. This variety allows traders to diversify their portfolios and take advantage of different market opportunities. Weltrade continuously updates its product range to include emerging markets and assets of interest to its global client base.Available Trading Instruments
- Forex: Major, minor, and exotic currency pairs
- Commodities: Gold, silver, crude oil, natural gas
- Indices: Major global stock indices (e.g., S&P 500, FTSE 100)
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and others
- CFDs on stocks: Selected blue-chip companies
Educational Resources and Market Analysis
Weltrade places a strong emphasis on trader education, providing a comprehensive suite of educational resources for Malaysian clients. These materials are designed to cater to traders of all experience levels, from beginners to advanced practitioners. The educational content covers various aspects of trading, including platform tutorials, market analysis techniques, and risk management strategies. Weltrade also provides regular market analysis and economic calendars to help traders stay informed about market-moving events. Educational offerings by Weltrade:- Video tutorials on platform usage and trading basics
- Webinars hosted by industry experts
- E-books covering various trading topics
- Trading glossary for technical terms
- Economic calendar with important financial events
