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.

Three checks before choosing

Weltrade Ltd · LC ·

1. Check the cost and account type
Pro: from 0.5 pips, no trading commission. Raw: from 0.01 pips plus instrument-based commission per side.
Read the conditions
Raw availability varies by region; new Micro accounts are closed.
Source ↗ · 2026-09-29
2. Check the tool and its limits
Raw Spread uses MT5.
Read the conditions
Source ↗ · 2026-09-29
3. Protection for this entity
Saint Lucia product supplier; distinct from the FSCA-regulated South African intermediary.
Read the conditions
This source does not establish negative balance or insolvency protection.
Source ↗ · 2026-09-29

Request research

Sources

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.

Before applying

Check the instrument-specific Raw commission before comparing total costs with Pro.

Sources ↗ · 2026-09-29

Compare this broker →

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.

Check your entity Compare 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: 2026-09-29

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

Before you trade

What our research means for you

Entity matters
Regulator and client protection can differ by legal entity for Weltrade.
Licence verification
This research file currently records 0 of 1 current licences as verified against official records.
Client protection
This catalog record does not currently include client-protection evidence. Missing protection is not an adverse finding.
Official-source conflicts
Source disagreement — unresolved: Weltrade Ltd.
Sources and scope →

Which entity applies to you?

Country

FXVeritas has not independently confirmed which Weltrade entity accepts clients from St. Lucia.

View recorded entities

This page presents factual information from public records. It is not financial advice.

View FSCA licence evidence

Research summary

Catalog scope

From catalog-applicable records on file.

A published research file may record further entities and licences beyond this catalog-applicable scope.

Research confidence

Low

Research completeness/source coverage; not broker safety or suitability.

Licence verification

0 regulator-registers confirmed

1 licence recorded

Recorded licence source links

Latest source check

Sep 29, 2026

Outstanding issues

Unresolved licences 1 View licences
View recorded coverage limitations

Researched by FXVeritas Research Desk · Evidence standard: Primary-source verification · Research evidence methodology · Editorial independence · Corrections policy

File section · 02

Regulatory dossier

Licenses are tracked by legal entity, not brand name alone.

Regulator verified means the licence was confirmed on an official register. Unverified means that confirmation is not recorded. A check attempt is not verification.

Records for 2 entities and 1 licences; 0 checked against primary regulator sources.

Weltrade SA (PTY) ltd

South AfricaRegistration number 2019/334947/07

Source notes

Regulator: FSCA
License number: 50691
License status: Active
Verification: Unverified
Last check attempt: 3 weeks ago
Primary evidence: Official broker source

Weltrade Ltd.

Saint LuciaRegistration number 2023-00055

Source notes

Check before choosing a contracting entity

Licence evidence is not yet included here for: Weltrade Ltd.

Missing records do not establish that an entity is unregulated or unavailable. Check your contracting entity and its licence.

Protection coverage and research scope

Protection information is not included for: Weltrade SA (PTY) ltd / Weltrade Ltd.. This does not establish that protection is absent.

No regulatory event is stored in this file. This does not establish the absence of regulatory issues.

Research extract

Known gaps: client protection not in filetrading data not monitoredno published community reviews

Research Confidence describes file completeness and evidence coverage. It is not a safety rating or recommendation.

Change-history coverage

No history events in this file yet.

File section · 04

Trading conditions

Advertised figures are published by the broker. Observed figures are FXVeritas measurements and are not currently monitored.

Platforms: MetaTrader 4 / MetaTrader 5 / Weltrade Terminal
Minimum deposit: All deposits are subject to a USD 10 payment-system minimum
Maximum leverage: See account-specific conditions below
Base currencies: USD / EUR
Account types: Cent / Micro / Pro / SyntX / Raw Spread
Commission: No commission / No commission / No commission / From USD 3 per lot / Charged per side and depends on instrument
Advertised minimum spread: Floating from 1.5 pips
Swap-free option: Available
Copy trading: Available

By account type

Account types	Minimum deposit	Maximum leverage	Commission	Advertised minimum spread
Cent	Nominal USD 1; all deposits subject to USD 10 payment-system minimum	Up to 1:2000	No commission	Floating from 1.5 pips
Micro	Nominal USD 1; all deposits subject to USD 10 payment-system minimum	Up to 1:2000	No commission	Floating from 1.5 pips
Pro	USD 10	Up to 1:2000	No commission	Floating from 0.5 pips
SyntX	Nominal USD 1; all deposits subject to USD 10 payment-system minimum	Up to 1:10000	From USD 3 per lot	From 0 pips
Raw Spread	USD 100	Up to 1:2000	Charged per side and depends on instrument	Floating from 0.01 pips

Cent

Nominal USD 1; all deposits subject to USD 10 payment-system minimum · Up to 1:2000 · No commission · Floating from 1.5 pips

Micro

Nominal USD 1; all deposits subject to USD 10 payment-system minimum · Up to 1:2000 · No commission · Floating from 1.5 pips

Pro

USD 10 · Up to 1:2000 · No commission · Floating from 0.5 pips

SyntX

Nominal USD 1; all deposits subject to USD 10 payment-system minimum · Up to 1:10000 · From USD 3 per lot · From 0 pips

Raw Spread

USD 100 · Up to 1:2000 · Charged per side and depends on instrument · Floating from 0.01 pips

Funding and non-trading fees on file

Currency conversiondeposit in a currency different from the account currency · Processor or liquidity-provider rate may include a conversion marginWeltrade Ltd Client Agreement section 8.6; amount varies with the provider and processing time.Official source
Deposit fee0% Weltrade deposit commission; third-party fees may applyBroker-side deposit fee.Official source
Inactivity feeTrading account archived after 365 consecutive inactive days; free funds move to Safe, where an unspecified inactivity fee may applyWeltrade Ltd Client Agreement sections 15.1 and 9.4; public fee amount and fee trigger remain unknown.Official source
Withdrawal feePayment-processor, bank or provider fees are borne by the client and vary by methodWeltrade Ltd Client Agreement section 12.9; no universal brand-level amount is specified.Official source

Known evidence gaps

These items remain unresolved after checking the cited official sources. Unknown does not mean unavailable.

Inactivity feeThe current Client Agreement says Safe balances may incur inactivity fees under a website fee schedule, but the public schedule does not expose a stable amount or trigger period.Checked source 1

Official evidence

Weltrade Trading Account Types OverviewAug 22, 2026, 00:00 UTC
Weltrade Official WebsiteAug 22, 2026, 00:00 UTC
Weltrade Copy TradingAug 22, 2026, 00:00 UTC
Weltrade Swap-Free AccountAug 22, 2026, 00:00 UTC

Advertised figures are not observed spreads. Observed data is not currently monitored. Last checked: Aug 22, 2026, 02:04 UTC

Spread intelligenceSwap intelligence

Not monitored — No observed data. Not currently monitored.

Recorded answers

The licence counts below cover only the records included in this summary. Additional source findings are linked separately.

What the sources show →

Is Weltrade regulated?

What the provider discloses

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 →

Independent regulatory check

FXVeritas records catalog-applicable licence claims for Weltrade, but none are regulator-verified. Unverified is not a finding of fraud or that the broker is unregulated.

A provider disclosure is not an independent licence confirmation. Match your agreement’s company name, service permissions and residence conditions before applying.

Which legal entities are recorded for Weltrade?

The current FXVeritas file records 2 legal entities. A brand name is not a licence.

Weltrade SA (PTY) ltd
Weltrade Ltd.

View legal entities

Which regulators are recorded?

The current file records 1 regulator code: FSCA.

Which licence identifiers are recorded?

The current file records 1 licence identifier.

FSCA · 50691Primary source

How many catalog-applicable licences are verified?

None of the 1 catalog-applicable licences are regulator-verified. Unverified is not a finding of fraud.

View licence evidence

What client-protection evidence is recorded?

Client-protection evidence is not yet recorded in this file. Missing evidence is not a finding that protection is absent.

View client protection evidence

What remains unresolved?

1 recorded licence item remains unresolved in the current file. Unresolved is not a confirmed adverse finding.

View unresolved items

Investigations

FXVeritas editorial research. These notes are independent of external review sites.

Not in file — No investigations published for this broker yet.

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 · 2026-09-29

Weltrade Ltd. / Danoa Enterprises LTD

Sources and scope

Weltrade — licence article and corporate footer ↗
Provider disclosure · Checked: 2026-09-29
Regulatory information, protection, corporate information and restricted jurisdictions

Provider licence disclosure · 2026-09-29

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

Weltrade — licence article and corporate footer ↗
Provider disclosure · Checked: 2026-09-29
Regulatory information, protection, corporate information and restricted jurisdictions

Regulator records →

Source disagreement — unresolved · 2026-09-29

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

Weltrade — licence article and corporate footer ↗
Provider disclosure · Checked: 2026-09-29
Regulatory information, protection, corporate information and restricted jurisdictions
Saint Lucia FSRA — warning notice, 31 July 2024 ↗
Regulator record · Checked: 2026-09-29
Page 1; general forex statement; named-entity table does not name Weltrade

Entity and residence scope · 2026-09-29

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

Weltrade — licence article and corporate footer ↗
Provider disclosure · Checked: 2026-09-29
Regulatory information, protection, corporate information and restricted jurisdictions

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.

2026-09-29 · Research record updated
Weltrade · Company identifiers and Saint Lucia licensing discrepancy recorded
Primary source ↗Open research file →
2026-09-29 · Source check
Weltrade · Weltrade Ltd · costs source check
Primary source ↗Open research file →

View full research history →

Your research context: St. Lucia

Three checks before choosing

1. Check the cost and account type

2. Check the tool and its limits

3. Protection for this entity

Costs, platforms and protection first

Weltrade

Before applying

01What you can conclude

02Important differences

03Open items and verification notes

04Check the evidence

Find the researched entity

Key Facts

Related Research

Research summary

Regulatory dossier

Weltrade SA (PTY) ltd

Weltrade Ltd.

Check before choosing a contracting entity

Research extract

Client protection

Trading conditions

Cent

Micro

Pro

SyntX

Raw Spread

Sources & verification

Next steps

Recorded answers

Is Weltrade regulated?

Which legal entities are recorded for Weltrade?

Which regulators are recorded?

Which licence identifiers are recorded?

How many catalog-applicable licences are verified?

What client-protection evidence is recorded?

What remains unresolved?

Investigations

What the sources show

Weltrade Ltd. / Danoa Enterprises LTD

Weltrade SA (PTY) Ltd

Weltrade Ltd.

Weltrade — website scope

Research changes

What you can conclude

Important differences

Open items and verification notes

Check the evidence