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WELTEX -

Score

1.43 /10
Danger

WELTEX

Poland

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://weltex.co

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Score

Regulatory Index0.00

Business Index6.39

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

WELTEX

Company Abbreviation

WELTEX

Platform registered country and region

Poland

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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WELTEX · Company summary
WELTEX Review Summary
Founded2-5 years
Registered Country/RegionPoland
RegulationUnregulated
Market InstrumentsForex/Indices/Commodities/Shares
Demo Account/
LeverageUp to 1:400
SpreadFrom 0.1 pips
Trading PlatformWeltex(Android/IOS)
Min Deposit$10000
Customer SupportPhone: +48 51 801 83 73
Email: support@weltex.co

WELTEX Information

WELTEX is a broker. Its tradable instruments include forex, indices, commodities, and shares. The broker also provides six accounts with a maximum leverage of 1:400. The minimum spread is 0.1 pips, and the minimum deposit is $10000. However, due to its unregulated status, WELTEX is still risky.

WELTEX Information

Pros and Cons

Pros Cons
Leverage up to 1:400Unregulated
24/5 customer supportMT4/MT5 unavailable
Various tradable instrumentsNo specific transfer method
Spread from 0.1 pipsUnspecific transfer time and fee information
Unclear swap fee
Inaccessible official website

Is WELTEX Legit?

WELTEX is not regulated, making it less safe than regulated brokers.

Is WELTEX Legit?
Is WELTEX Legit?

What Can I Trade on WELTEX?

WELTEX offers 100+ market instruments, including forex, indices, commodities, and shares.

Tradable Instruments Supported
Forex✔
Indices✔
Shares✔
Commodities✔
Stocks❌
Cryptocurrencies❌
Precious Metals❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on WELTEX?

Account Type

WELTEX has six account types: standard, bronze, silver, gold, VIP, and pro. Traders who want low leverage can choose standard, bronze, and silver accounts, while those with a sufficient budget can open a pro account.

Account Type StandardBronzeSilverGoldVIPPro
Leverage1:2001:2001:2001:2001:3001:400
Margin loanUp to 25%Up to 30%Up to 35%Up to 50%Up to 75%Up to 100%
Minimum Deposit$10000$25000$50000$100000$250000$1000000

WELTEX Fees

The spread is from 0.1 pips. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

WELTEX provides a propriety trading platform available in Android and iOS versions, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported Available Devices
Weltex✔Android/IOS
Trading Platform

Deposit and Withdrawal

The minimum deposit is $10000. However, the official website is inaccessible, so transfer processing times, methods, and associated fees are unknown.

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Amir Adi
more than one year
Invested about 2 days ago, the agent called me pretty quickly to welcome me and advised that someone else would be calling me to explain further but still waiting. I have called many times and sent a lot of messages but still not any responses. Now, I have a strong bad feeling that I have been cheated!
Invested about 2 days ago, the agent called me pretty quickly to welcome me and advised that someone else would be calling me to explain further but still waiting. I have called many times and sent a lot of messages but still not any responses. Now, I have a strong bad feeling that I have been cheated!
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2023-03-13 17:28
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