WELTRADE, your platform is an investor's nightmare. I'm filled with anger and disappointment! I've lost over $8,000 trading on this platform. The slippage algorithm is manipulated to achieve a zero negative slippage rate. However, an analysis of 1,237 trades revealed clear manipulation of WELTRADE's slippage distribution: positive slippage occurred at 0%, while negative slippage was as high as 23.7%! Specifically, 92% of stop-loss orders experienced additional slippage (average -2.8 pips). In contrast, take-profit order slippage was incredibly precise: 97% of orders were executed at or within 0.5 pips of the take-profit level. My stop-loss on a long EUR/USD order at 1.2050 was actually closed at 1.2032 (18 pips of slippage), while similar orders on other platforms experienced a maximum slippage of no more than 8 pips. This systematic one-way slippage anomaly fully proves that the platform deliberately increases the slippage in the loss direction when hedging customer positions in orde

FX4231257440

Indonesia 2025-08-26 14:43

Slippage is like robbery, defrauding investors of their money. Weltrade is a scam that exploits malicious slippage to extract money! I initially believed their claims of "low slippage and transparent trading" and deposited $30,000 in forex trading. Slippage devastated me on every trade, leaving me with less than $5,000 in principal. I'm so angry I can't sleep all night! The most outrageous thing happened the night of last month's non-farm payroll data. I analyzed the market in advance and placed a long order at 1.0820 on the EUR/USD pair, setting a stop-loss at 1.0800 and a take-profit at 1.0850. However, when the data was released, the platform froze for 10 seconds. After it recovered, the order was filled at 1.0775—a full 45 pips below my order price! My stop-loss was completely useless and never triggered. I watched my losses escalate to 1.0730, costing me over $9,000 on that single trade. I immediately contacted customer service for an explanation, and they initially offered a per

FX3932699868

Indonesia 2025-08-25 16:42

They use false advertising to trick investors into depositing funds, then use all sorts of tricks to drain their principal. It's disgusting. I initially believed Weltrade's "zero slippage, low fees" rhetoric, but it was a complete scam. Slippage can be over ten points in normal market conditions, and the fees are three times higher than promised. When I contacted customer service, they simply said, "It depends on actual trading." My account was inexplicably frozen, and my funds became "dead money." The customer service was terrible, hanging up before I even finished answering my question. Later, when I complained to regulators, I discovered the platform's so-called "compliance regulations" were fake! This kind of unregulated, no-support, black market platform should be shut down!

FX2602232555

Malaysia 2025-08-25 16:13

The Weltrade forex platform is a cancer designed to rip off investors! I fully trusted their deposit process, but they maliciously deducted my funds on my first withdrawal. I requested a $5,000 withdrawal, but only $3,800 was returned. When I asked customer service why, they made up lies like "platform service fees" and "exchange rate differences." They never explained anything beforehand. Their trading tactics are even more infuriating. Every time the market fluctuates, they deliberately delay the trading, and by the time I can operate, I've already missed the optimal point, leaving all the losses on the user. The stop-loss and take-profit settings are completely useless. Several times, the stop-loss and take-profit levels were clearly reached, but they weren't executed. I watched helplessly as profits turned into losses. I advise anyone who wants to trade forex to stay away from Weltrade.

FX4226746177

Malaysia 2025-08-25 15:17

My case is that I made a deposit 5 days ago to the broker Welltrade through the payment gateway they have on their website, and I still don't have the balance in my account. The emails listed on their page don't work. The only way to contact them is through customer support at info, but they don't provide any solution. They also don't have a phone number. How can I report this broker?

PamelaCardona

Colombia 2025-08-07 07:57

I made a withdrawal since Saturday but I still haven’t received the payment since then also the customer care is so poor they are not very effective

FX3400147554

India 2025-07-22 19:24

After submitting a withdrawal request, they didn't allow it. The customer service said it needed to be reviewed, but didn't give a reason. They've been dragging this on for half a year and still haven't allowed the withdrawal. I advise everyone to stay away from this scam platform!

FX2870464497

Hong Kong 2025-06-11 16:56

I have known this broker since 2018 and have been actively trading there. So far, everything has been fine. However, recently in 2025, there have been some changes compared to previous years, where several issues have frequently occurred, including: 1. Withdrawals are often delayed and sometimes even canceled. 2. When trading during major news events, the server often becomes unstable, even though the internet connection is very good. 3. The customer service that used to be responsive now tends to ignore customer complaints.

Atiik_nrhfz

Indonesia 2025-03-08 17:32

when the market was normal I entered the Hang Seng Index position but I was surprised because the price was far above the quote price in the market... then I quickly liquidated it but again the liquid price was not on the chart and instead made my equity minus

FX9600937202

Indonesia 2025-03-07 21:52

I am writing this letter to request your assistance in mediating a withdrawal dispute that has been delayed and lacks communication from WELTRADE SA (PTY) LTD Broker for 15 days. The details are provided in the attached evidence, and if you require any additional documents, please feel free to contact me immediately.

InvestorFx

Thailand 2025-02-20 20:27

Broker Weltrade has deceived millions of clients from Indonesia and cheated hundreds of affiliates (IB) in Indonesia. Broker Weltrade has blocked my affiliate account and refused to pay my substantial affiliate commissions. Anyone who is associated with Weltrade, AVOID THIS BROKER IMMEDIATELY, YOU WILL REGRET IT, BELIEVE ME..

FX1562791659

Indonesia 2024-12-18 03:19

PLEASE IMMEDIATELY BLOCK THE WEBSITE PLATFORM OF THE WELTRADE BROKER, THIS BROKER HAS DECEIVED HUNDREDS OF THOUSANDS OF CLIENTS FROM INDONESIA, THEY DON'T PAY PROFITS AND TAKE CLIENT DEPOSIT FUNDS UNDER THE GUESS OF VARIOUS PROMOTIONS, THEY REALLY DON'T PAY MY PROFITS AND DELETE THE AMOUNT OF $5190 AND DO NOT REFUND MY DEPOSIT IS $950!!!! PLEASE FOR ANY TRADER WHO READS THIS REVIEW IMMEDIATELY STAY AWAY FROM FRAUDULENT BROKER AND BIG ROBBER "WELTRADE"..

Komandan Pokemon

Indonesia 2024-05-23 12:07

Got an Eid gift from Weltrade Thank God I can still trade at any broker I like Thanks for the decision WELTRADE You taught me to be more careful in choosing a broker Rebate 2000lot canceled Withdrawal of 2000$ more not paid iPhone canceled My incident like this could happen to anyone and at any time all the hue brokers cannot be contested. I accept the decision with grace. Hopefully it can be a lesson for myself and other traders. Don't put your eggs in one basket. If they're all broken, they're all broken. Don't put your funds in one broker. Open accounts in many broker One time this incident happens to you then you still have funds at another broker wasallam Please note that the company management has decided to cancel the following withdrawal request: W14257972-260324172404 W14257972-290324040341 This order has been canceled because the profits obtained violate the company's terms and conditions, as well as due to overestimation of trade turnover. Additionally, prizes received from Wellbox promotions were obtained illegally. As a result, trading proceeds of 2295.58 USD have been deducted from your trading account 14257972 31.12. The Company reserves the right in its sole discretion to refuse a Client's participation in a WelBox promotion, deactivate a promotion for any client, suspend a Client's participation in a promotion, refuse to credit the cash amount of a claimed WelBox Prize, or in any other case. a way to limit the Client's participation in the promotion if trading manipulation or violation of trading conditions is detected, multiple registrations under the same partner or reference, trading activity aimed solely at fulfilling the main conditions, or calls to existing clients to register new accounts , or in other cases. In cases like this, the Company does not need to provide an explanation. Jik

ROKIFX

Indonesia 2024-04-10 06:04

The affiliate program and all referrals have been disconnected from your profile; - the Welbox Iphone Prize rejected; - Welbox promotions are blocked for your profile. the iPhone prize was canceled, the referral partner was all issued even though he had traded more than 1,800 lots, withdrawn more than $2,000 and several other withdrawals had not been received for several days.

ROKIFX

Indonesia 2024-03-31 09:52

My 1100usd withdrawal pending money deducted from account not sending to my litcoin wallet they offer 30min withdrawal but already 1 day no response chat support ignore me telling they send a mail . No response I feel I got scammed My ID- 912928

Prabhakar

India 2023-10-20 17:48

I deposited 4500usd from my inlb ( Indian local bank deposit using phone pe wallet ) nl enterprise account they deleted my profile without giving my money to back or to mt4

pipnance

India 2023-10-01 17:09

they rejected the withdrawal

Akash4251

India 2023-03-30 18:09

Withdraw canceled with this broker Dont use this Broker They are SCAMMER

Alprian

Indonesia 2023-03-30 13:36

Initially, I was lured in with an Iphone prize, I had to complete 600 lots. In the end I accepted the challenge with a deposit of 2000 $ with an additional bonus for margin resistance of 4000 $ (only for resistance cannot be withdrawn) In total I completed trades of almost 300 lots with a total profit of 3400 $ more. Accusations against me were 3 1 price manipulation 2 cheating on the market3 creating a fake profile, these accusations don't make sense in my opinion because before registering, I also carried out the KYC process and various other conditions. That was just an excuse for the company not to pay my profits. $ and the winnings so far 3400$ were canceled unilaterally. Likewise my lots were reset to 0. I urge you to be careful with this fraudulent broker.

FX1865283510

Indonesia 2023-03-12 21:53

I have invested 1500$ in weltrade exchange (https://www.weltrade.com/), according to the floor's invitation about the bonus program: trading bonus is 3015$, deposit bonus is 1500$. I traded and got more than 3500$ profit. At the same time, completing the terms of the bonus program, I withdraw the money. However, after withdrawing more than $3000, the exchange locked the account with the allegation of proof of fake identity registration. This is very unreasonable because as soon as I opened my account, I passed KYC by submitting my identity card and of course approved by weltrade. After that, the floor also asked me to provide other documents such as invoices, portraits holding ID cards ... and all were approved by weltrade floor. I also passed the verification VIDEO call from weltrade via Skype. I absolutely do not violate the things that the exchange stated in the notice. I have sent an email to commit my account, my documents are real and genuine, as well as asking for proof, but have not received a response. Please consider my complaint.

dung89801

Vietnam 2022-08-30 21:45