WeTrade

WeTrade Information

WeTrade is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:500 and 0.7% spreads on WeTrade trading platform. The minimum deposit requirement is $2.

Pros and Cons

Is WeTrade Legit?

No. WeTrade currently has no valid regulations. Please be aware of the risk! It offers segregated accounts.

What Can I Trade on WeTrade?

WeTrade offers trading on forex, commodities, stocks and indices.

Leverage

WeTrade offers leverage from 1:100 to 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

WeTrade Fees

WeTrade charges 0.7% spreads and 0.2% commission fees.

Trading Platform

Deposit and Withdrawal

WeTrade accepts payments via credit card, e-wallet, net banking and offline payment.

The minimum deposit amount is $2, and there is no fee. The minimum withdrawal amount is $5. A 3% fee will be charged. For the first withdrawal ,it will be processed the next working day. From the second withdrawal, it will be processed in a few minutes.