FXVeritas
Before applying

Three checks before choosing

Choose a country in Finder to check the entity and terms for that scope. Finder →

Request research

Requests help prioritize research; they do not change the published evidence.

No name or email required. A daily network identifier is used only to limit duplicate requests. Requests are not published.

Costs, platforms and protection first

Weltrade

St. Lucia · Weltrade Ltd

Costs
Pro: from 0.5 pips, no trading commission. Raw: from 0.01 pips plus instrument-based commission per side.
Platforms
Raw Spread uses MT5.
Client protection
Saint Lucia product supplier; distinct from the FSCA-regulated South African intermediary.
Sources and applicability

Public documents for the named entity/account. Confirm residence acceptance when applying.

Costs

Raw availability varies by region; new Micro accounts are closed.

Pro / Raw Spread account ↗ · 2026-09-29
PlatformsRaw Spread — platform ↗ · 2026-09-29
Client protection

This source does not establish negative balance or insolvency protection.

Product Supplier / Intermediary Model ↗ · 2026-09-29

Terms for the named entities. Minimum spreads are not total costs or a cheapest-first ranking.

Weltrade

  • Catalog records
Brand overview and official site

Weltrade operates through 2 legal entities recorded in the current FXVeritas research file across South Africa and Saint Lucia.

Check your entityCompare with other brokers
Visit official website
Official website snapshot
An official website snapshot is not on file for this broker.

Official website snapshot

Start with the company in your agreement

What the research establishes

Research file review: Not recorded

Latest source check:

What you can conclude

Brand-wide research records

Entity identity

Weltrade Ltd. / Danoa Enterprises LTD

Weltrade Ltd. is disclosed with Saint Lucia company number 2023-00055. Cyprus company Danoa Enterprises LTD (HE489250) is identified as a payment agent. These are company identifiers, not financial licences.

Sources and scope →

Provider licence disclosure

Weltrade SA (PTY) Ltd

The provider identifies FSP 50691 for Weltrade SA (PTY) Ltd: Category I intermediary services for derivatives. Current FSCA status was not independently established in this review.

Sources and scope →
What the sources show (4) →

0 of 1 licence records have been checked against regulator information.

Important differences

Companies within the same brand can have different regulation and protections.

  • Weltrade SA (PTY) ltd

    FSCA

  • Weltrade Ltd.

    No licence records · further checking needed

Check the contracting entity

Open items and verification notes

Source disagreement — unresolved: Weltrade Ltd.

Sources and scope →Read all recorded gaps →

Check the evidence

Find the exact company named in your agreement, then read its number, permissions and supporting evidence.

What the sources show →Read the research sources Read entity-level evidence →

Based on the research catalog · This describes our research coverage. It does not guarantee current validity, safety or applicability to you.

Find the researched entity

The brand and contracting company may differ. This list does not recommend a contracting entity based on your residence.

2 entity records

Research counts and additional checks

Key Facts

From catalog-applicable records.

  • 2

    Legal entities in catalog

  • 0/1

    Verified licences in catalog

  • Not recorded

    Client protection

  • Unknown

    Official-source conflicts

  • Not recorded

    Last checked

  • Catalog

    Research coverage

Related Research

What the sources show

Each finding shows its own check date and applies only to the named entity and source; the group file remains incomplete.

Entity identity ·

Weltrade Ltd. / Danoa Enterprises LTD

Weltrade Ltd. is disclosed with Saint Lucia company number 2023-00055. Cyprus company Danoa Enterprises LTD (HE489250) is identified as a payment agent. These are company identifiers, not financial licences.

Sources and scope

Provider licence disclosure ·

Weltrade SA (PTY) Ltd

The provider identifies FSP 50691 for Weltrade SA (PTY) Ltd: Category I intermediary services for derivatives. Current FSCA status was not independently established in this review.

Sources and scope
Regulator records →

Source disagreement — unresolved ·

Weltrade Ltd.

Weltrade's article claims a Saint Lucia trading licence. FSRA's 31 July 2024 notice says forex business is not licensed there. The dates differ; current legal reconciliation remains unresolved. The notice does not name Weltrade.

Sources and scope

Entity and residence scope ·

Weltrade — website scope

The article claims segregated funds without entity-specific terms. Its footer excludes US, Canadian, UK and EU residents, among others. This does not establish protection or acceptance for other countries.

Sources and scope
Source comparison log →

Research changes

These are saved research additions, not dates when a regulator changed a licence. Previous source-check and import records remain in the audit archive.

  1. · Research record updated

    Weltrade · Company identifiers and Saint Lucia licensing discrepancy recorded

    Primary source ↗Open research file →

  2. · Source check

    Weltrade · Weltrade Ltd · costs source check

    Primary source ↗Open research file →
View full research history →