Your research context: St. Lucia

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Scope, limitations and evidence

Regulatory registration and eligibility to open an account are separate checks.

  • Weltrade

    Weltrade Ltd

    Company registration disclosed; financial licence unconfirmed

    Scope, limitations and evidence

    Weltrade discloses Saint Lucia company registration 2023-00055. This source does not identify the issuing financial regulator or financial licence number.

    Incorporation is not a financial licence. Do not apply the South African entity’s FSCA licence or the Cyprus payment agent’s registration to this entity.

    Scope, limitations and evidence ↗ · 2026-09-30

The comparison or profile below also includes brand-wide information. It may not all apply to the entities above.

Weltrade

St. Lucia

Only documents for this country/regulator. Account-opening approval remains a separate check.

Sources

Weltrade Ltd

Pro: from 0.5 pips, no trading commission. Raw: from 0.01 pips plus instrument-based commission per side.

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

Pro / Raw Spread account ↗

Source checked: 2026-09-29

Raw Spread uses MT5.

Raw Spread — platform ↗

Source checked: 2026-09-29

Saint Lucia product supplier; distinct from the FSCA-regulated South African intermediary.

This source does not establish negative balance or insolvency protection.

Product Supplier / Intermediary Model ↗

Source checked: 2026-09-29

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Other scope: brand-wide and other-entity records

These preserved records are not restricted to the selected entity. Do not apply another entity’s terms to the entity above.

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.

Official website snapshot
An official website snapshot is not on file for this broker.

Official website snapshot

File section · 05

Sources & verification

A source URL may be on file without an individually recorded successful check.

  • Official broker website

    Official broker sourceNot individually checkedNot individually timestampedView source

  • Regulator register

    Primary regulator sourceNot regulator-verifiedNot individually timestampedShown on each licence evidence row

Source inclusion is not verification, endorsement, or a statement that the broker is safe.

Next steps

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

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

  2. · Source check

    Weltrade · Weltrade Ltd · costs source check

View full research history →