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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.

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

Official website snapshot

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.

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 ·

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 →