WELTEX

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.

Pros and Cons

Is WELTEX Legit?

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

What Can I Trade on WELTEX?

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

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.

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.

Deposit and Withdrawal

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