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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.

Costs · Platforms

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.
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

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

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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.

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

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

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

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.

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 →