Weltrade is a forex broker, that provides services of trading through their platform. It launched in the market in 2006. Weltrade headquarters is located in Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent.
They provide instruments such as forex, metals, and commodities. Along with that, they have accounts with no commission at all. You can trade into any type of account but I found a premium account to be more convenient as the minimum deposit is USD 100. The account opening procedure is really easy and I was not charged a single penny on deposit and withdrawal. Over the years, weltrade has established itself as the best broker in the world.
My overall experience with this broker has been quite good, I haven’t faced any type of issue with this broker. The broker itself is very user-friendly, and their website, account opening procedure even chat support system are commission-free smooth. The best thing about the broker is that they provide commission free accounts along with that the minimum deposit amount for every account differs.
Therefore, after considering all the options I found the premium account to be most relevant because the micro account works in cents so it is basically for beginners to learn trading and the pro account has a minimum deposit of USD 500 which is not everyone can afford. Though the spread is lowest in the pro account due to the high deposit amount I would suggest you go with the Premium account.
As per their website, they do charge on withdrawal which increases the cost of the broker, but at the time I withdraw the funds I was not charged a single penny and the platform I used was Neteller. Overall functions run smoothly no delays in order executions. Well maintained broker.