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Best MetaTrader Brokers

The ForexBrokers.com annual forex broker review (four years running) is the most cited in the industry. With over 50,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. How we test.

Having personally used MetaTrader platforms from several dozen brokers for more than a decade, in this guide I will outline some of the reasons why new and existing traders continue to use this online trading software. This guide starts with basics that will help beginners and then progresses to more advanced topics, such as social copy-trading and using automated trading systems.

Best MetaTrader (MT4) Brokers

Here’s a summary of the best MetaTrader brokers, scored on 3,180 data points.

  • Admiral Markets – Best overall for MetaTrader
  • FxPro – Full MetaTrader suite, average pricing
  • Pepperstone – Excellent pricing and customer service
  • Darwinex – Full MetaTrader suite, expensive pricing
  • Swissquote – Full MetaTrader suite, pricing varies
  • XM Group – Full MetaTrader suite, average pricing
  • HotForex – Full MetaTrader suite, average pricing

Best overall for MetaTrader

Forex and CFD traders choose Admiral Markets for its excellent investor education and advanced MetaTrader features, including the Supreme add-on and market research via Premium Analytics. Overall, Admiral Markets is our top MetaTrader broker for 2020. Read full review

Full MetaTrader suite, average pricing

FxPro competes among the top MetaTrader brokers, offering the full suite of MT4 and MT5 platforms with multiple account pricing options. Drawbacks to FxPro include a small range of tradeable products and limited market research. Read full review

Excellent pricing and customer service – Visit Site

Pepperstone offers a small set of tradeable products but provides forex and CFD traders with competitive pricing, excellent customer service, and one of the largest selections of third-party platforms, including numerous options for social copy trading. (73.6% of retail CFD accounts lose money.) Read full review

Full MetaTrader suite, expensive pricing

Copy trading aside, Darwinex is not an ideal choice for self-directed trading. To trade individual stocks and CFDs, you have to MetaTrader instead of the excellent proprietary Dukascopy platform. With MetaTrader, pricing is higher, research is weak, and no tools are available beyond the standard experience. Read full review

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    Good Broker For Experienced Traders!

While Swissquote’s Advanced Trader platform suite is user-friendly, its underlying platform technology needs an upgrade from flash to HTML5. Fortunately, Swissquote offers the full MetaTrader platform suite, which also comes with better pricing. (79% of retail CFD accounts lose money.) Read full review

MetaTrader Overview

Founded in 2000, MetaQuotes Software Corporation – the developer of MetaTrader4 (MT4) and MetaTrader5 (MT5) software – was an early pioneer in developing forex trading and charting platforms. The Metatrader suite – which is licensed by brokers and offered to traders – continues to be one of the most widely used trading platforms in the retail foreign exchange (Forex) and CFD markets globally.

Today, MT4 and MT5 have extensive documentation, codebase, and articles supported by the developer and its global community of users, making it an ideal solution for retail and professional traders to find the resources they need to create algorithmic trading systems or carry out manual trading and even social copy-trading.

A key catalyst was the developer created the MetaQuotes Language (MQL) syntax to allow programmers to create automated scripts and trading systems.

The proprietary MQL language – both MQL4 and MQL5 – enabled the growth of a secondary marketplace supported by programmers who created custom scripts, including utilities, libraries, indicators, and automated trading strategies known as Expert Advisors (EAs). This ecosystem continues to evolve.

MetaTrader History

After launching its MetaTrader brand in 2002 as its third-generation software, MT4 was subsequently launched in 2005, and by 2020 the company followed with the launch of MT5 to expand into additional asset classes, including securities and futures markets.

By this time, the marketplace for EAs and custom indicators was becoming saturated, and traders could buy or obtain plugins for free, or even hire developers to code their Experts on the freelance section of the MQL5 Community marketplace or outside of it.

This led to the rise of more MetaTrader brokers, as companies competed for existing market share and new market entrants.

MetaTrader Brokers List

Today the MT4 and MT5 platforms are available across hundreds of online forex brokers, with the native version of the desktop platforms available for Windows operating system (OS) and a Mobile app for Android and Apple iOS devices available by default.

Based on our 2020 Review, which included 30 brokers, here is a list of those that offer MetaTrader:

A web-based version of both platforms are available, although the web-based versions are not offered by all brokers and do not support automated trading as the desktop versions do.

MetaTrader Charting and Tools

Starting with the desktop version of MetaTrader (MT4 or MT5), beyond an easy-to-navigate layout (with everything housed under seven categories from the upper toolbar), the scope of charting tools and number of available indicators by default give traders a good starting point for performing basic technical analysis.

In terms of the layout and charting, customizable chart templates can control how default charts appear; meanwhile traders can save all their charts into a profile so the entire workspace is backed up, including all trend lines and chart configurations. All such custom and default settings, including scripts, experts, and indicators, are stored in designated folders within the main data folder under “File>Open Data Folder.”

This structure of storing settings within specific files makes it easy for users to back up or transfer their settings to other devices or users, and it is what helps make the platform so versatile, as these settings are exportable.

Those seeking more advanced indicators and analysis tools (and even automated trading strategies) can buy or rent them directly from the MQL5 marketplace from within the platform under the options menu under “Tools>Options” or CTRL+S. In terms of fundamental news, the available news streams vary, depending on the broker and any related news providers the broker uses to deliver headlines within the platform.

Signals Market and Social Copy Trading on MT4

The signals market available on the MQL5 Community lets users copy the live trades of approved signal providers in what can be described as social copy trading, which is available for a subscription fee charged by each signal provider.

From within the platform, users can also sync their account with their MQL5 Community user ID to enable the signals market for social trading and in the mobile app to receive push notifications of their trading activity.

Automated Trading via Experts (EAs)

Expert Advisors (EAs) are used in the MT4 (and MT5) platform to run automated trading systems. An EA will either be a copy of the original .MQ4 file that contains the source code, which can be modified, or it will be an .EX4 (executable) file of the same code, which cannot be tampered with and is often chosen by those who want to distribute their strategies without revealing their source code.

Most EAs have a range of customizable parameters that let users specify the position size and risk/reward-related attributes, among other elements, that may be configured before automated trading is enabled.

Back-testing and optimizing EAs

The MetaTrader platforms also let users test how an EA would have performed over historical data, using a process known as backtesting in the Strategy Tester section. This is useful when users want to check out how an EA would have performed over a given period and for a given instrument.

When an EA is built and then tested on historical data for the first time, this is known as testing on out-of-sample data, which means the EA has never used these historical prices (in which case the result will not have the benefit of hindsight).

On the other hand, some developers may optimize their strategies over a historical data set (i.e., run it multiple times over the past three months of EUR/USD tick data) on purpose – which can lead to curve-fitted results. While there can be some benefits to optimizing a strategy over historical data, results of a curve-fitted strategy can be misleading as only the best trades are cherry-picked, and the results of forward-testing the same strategy can be significantly different. Therefore, forward testing a strategy can be even more important than backtesting it, before the value of results can be assessed.

Using VPNs and the cloud for automated trading

Another important distinction is that back-testing occurs locally on MT4 and requires users to have the platform running either on their local machines or using a dedicated Virtual Private Network (VPN).

The same applies to trading with EAs; the platform must be open and running as the EA runs locally, which is why many traders use VPNs to host their EAs so the strategies can run continually without interruption on remote servers.

Pros and Cons of using Expert Advisors

Just like manual trading, any automated strategy is only as good as the results it can achieve on a risk-adjusted basis over time, and just as there are some good EAs available, there are also some bad ones circulating on the internet. Therefore, while there can be pros to using EAs to automate trading, traders must be aware of the pitfalls and know how to vet an EA before using one to manage their investment capital.

Here are five tips to select a good expert advisor:

  1. Understand the trading methodology (strategy) the expert advisor follows.
  2. Consider its availability, cost, and historical performance for other traders (if any).
  3. Back-test it across multiple instruments/timeframes, if possible, or examine its historical performance (if available).
  4. Analyze the results of multiple back tests to see if they meet your expectations.
  5. Forward-test the strategy with a small test amount before getting serious.

MT5 – MetaQuotes’ latest generation platform

While MetaQuotes continues to update the MT4 platform to cater to the significant user base that still runs its prior generation platform for Forex and CFD trading, the developer has pushed many of its most innovative features into its latest generation MT5 platform. In addition to CFDs and Forex trading, MT5 can support Stocks and Futures, making it more of a multi-asset platform than its predecessor MT4, in addition to supporting more complex trading strategies.

A significant difference between MT4 and MT5 is in the syntax of how EAs are coded, where the MT4 EAs (based on MQL4) are not cross-compatible with MT5 (based on MQL5). Even though many third-party programs offer to convert MT4 EAs to run on MT5, this difference in coding keeps both platforms isolated from each other on purpose.

However, from build 600 onwards, MetaQuotes created a unified MetaEditor development environment and revised the MQL4 programming language to more closely match features available within MQL5 syntax. This unified compiler supports both languages, helping to aid the transition of many old trading robots to be compatible with the latest build or for use on MT5.

Overall, MT5 has a more modern look and feel in terms of visual layout and navigation, while much of the platform design still looks like MT4 in terms of the layout. Another key difference is the use of the MT5 cloud network, where users carry out backtesting through the developers’ own VPN available within the platform as virtual hosting. Otherwise, with the signals markets available for social copy trading, both platforms provide traders with plenty of options, yet MT4 is more widely available than MT5.

Trading Platforms Comparison

Taken from our forex broker comparison tool, here’s a comparison of the trading platforms for the best metatrader forex brokers.

Feature Admiral Markets FxPro Pepperstone
Open Account
Darwinex
Proprietary Platform No No No Yes
Desktop Platform (Windows) Yes Yes Yes Yes
Web Platform Yes Yes Yes Yes
Social Trading / Copy-Trading Yes Yes Yes Yes
MetaTrader 4 (MT4) Yes Yes Yes Yes
MetaTrader 5 (MT5) Yes Yes Yes Yes
cTrader No Yes Yes No

Which MT4 broker is the best?

When it comes to forex trading on MetaTrader 4 (MT4) in 2020, the best MT4 broker is Admiral Markets. Admiral Markets offers traders a variety of excellent educational resources alongside the Premium Analytics add-on for MT4.

Is MetaTrader only for forex?

The MetaTrader 4 (MT4) platform is predominantly for forex trading. However, depending on the broker, MT4 often comes with a range of other symbols such as CFDs on indices, commodities, futures, energies, and metals.

What is the difference between MetaTrader 4 and MetaTrader 5?

The MetaTrader 4 (MT4) forex trading platform is based on a prior generation (version) of software developed by Metaquotes Software Corporation, whereas, MetaTrader 5 (MT5) is the latest version. In addition to supporting individual shares, MT5 features advanced functions like utilizing cloud-storage to run strategies and to conduct backtesting. With MT4, backtesting must be done locally or through a virtual private server (VPS).

What are Experts in MetaTrader?

When using MetaTrader platforms, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), there are automated trading systems known as Expert Advisors (EAs), or Experts for short. Experts are not humans. Instead, they are automated trading systems created by traders designed to execute a trading strategy.

Is it risky to use automated strategies with MetaTrader?

Yes. Experts, which are automated trading systems in MT4 and MT5, are built by traders and rely on backtesting to prove their profitability. As the famous market adage says, “past performance is not indicative of future results.” The problem with automated strategies is that they rely on the benefit of hindsight bias. The reality is that very few trading systems are profitable over the course of an entire year.

Final Thoughts

While determining whether to use MT4 and/or MT5, traders should consider the range of markets available from their broker on each platform as this may vary. Other points to consider are any related tools that may be used, including custom indicators, scripts, libraries, or EAs, as these may not be cross-compatible, although an increasing number of developers are able to create dedicated versions for each platform.

All in all, after 17 years of development, MetaQuotes has proved to be a leader in developing forex and multi-asset trading platforms for online forex brokers and retail traders globally, with MT4 and MT5 providing nearly all user types with the necessary tools to trade and backed by its user-supported community and market place.

To sign up for a live forex account or demo trading account with a MetaTrader broker that offers MT4 or MT5, see our list of reviewed brokers for further guides and resources to choose a broker that best suits your overall trading needs.

Methodology

For our 2020 Forex Broker Review we assessed, rated, and ranked 30 international forex brokers. Each broker was graded on 105 different variables and, in total, over 50,000 words of research were produced.

While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.

All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than 1% each year, providing site visitors quality data they can trust. Learn more about how we test.

Forex Risk Disclaimer

“There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.” Learn more.

About the author: Steven Hatzakis Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.

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Обзор схемы мошенничества брокера Weltrade: отзывы кинутых клиентов

Внимание! Компания подозревается в мошенничестве

Как инвестору защитить свой капитал от любых торговых и неторговых рисков? Для их минимизации необходимо максимально диверсифицировать инвестиционный портфель и тщательно выбирать себе брокера. В этой статье речь пойдет про форекс-брокера, с которым мы категорически застерегаем работать — Weltrade. В нашем обзоре weltrade.com наша команда постарается доказать, почему его нужно избегать.

Что известно о “Велтрейд”?

В состав команды Weltrade входят якобы 65 профессионалов с международным опытом. Посредник заявляет, что всегда прислушивается к своим клиентам и старается улучшать свой сервис. На официальном сайте weltrade.com написано, что организация работает более 13 лет на рынке. Но сам “Велтрейд” основан в 2020. В данном обзоре разберем, почему такая несостыковка.

Владеет этим брокером компания Systemgates Ltd. Она несколько раз меняла свой юридический адрес: в начале была на Кипре, потом на Сейшелах, теперь на Сент-Винсенте и Гренадинах. Полный юридический адрес: Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines. Год регистрации 2006 год. Лицензия IFSC (Белиз, также оффшор).

Отдельно уделим внимание лицензии IFSC — International Financial Services Commission of Belize (Комиссии по международным финансовым услугам). Основана она в 1999 году. Полномочия данной Комиссии предполагают контроль над деятельностью небанковского сектора. Чтобы получить ее лицензию, необходимо подать заявление и пакет документов, а также оплатить регистрационный взнос в размере 500$. Если Комиссия принимает компанию и выдает ей лицензию (а принимает она всех), то заявителю нужно будет оплатить еще регулярный ежегодный взнос на сумму от 2 500$, в зависимости от типа кампании.

Кроме того, нужно внести в Национальный банк Белиза уставной капитал. Как правило, это “несущественные” суммы (несколько тысяч долларов США). Далее брокер, получивший лицензию IFSC, должен отчитываться перед регулятором о состоянии дел и соблюдении регламента, а Комиссия — контролировать стандарты и прозрачность работы компании.

Но это все на бумаге, IFSC — обычная фейковая комиссия, которая ничего не значит и ничего не контролирует. За все время существования Комиссии не было ни одного брокера или финансовой организации, которые попали бы под ее штрафные санкции. То есть за 20 лет своего существования регулятор ни разу не оштрафовал или забрал свою лицензию у какой-то компании. А значит, ни один оффшорный мошенник не понес наказание за развод клиентов.

Согласитесь, вряд ли честная организация, собирающаяся строить прозрачные отношения с пользователями, будет получать эту фейковую лицензию и гарантировать безопасность.

Покопавшись в Интернете, мы узнали то, что брокер Weltrade —это результат ребрендинга лохотрона System Forex. Тут стало все на свои места. Компания Systemgates Ltd основала System Forex в 2006 году. Он просуществовал до 2020 года, пока не был произведен ребрендинг, в результате которого он превратился в Weltrade.

Возвращаемся к началу обзора, где мы упоминали про несостыковку с 13-ти летним опытом работы аферистов и годом основания Weltrade (2020). Теперь все стало на свои места. Это событие в который раз демонстрирует то, что “бывших” в этом бизнесе не бывает.

Достоверные отзывы о работе System Forex найти достаточно трудно, так как с момента активной деятельности компании прошло уже много времени. Однако нам с большим трудом удалось отыскать некоторые старые записи для нашего обзора:

Если брокер на протяжении стольких лет кидал людей, то после просто смены названия вряд ли что-то изменилось. Да и сам ребрендинг, скорее всего, проводился с целью замести следы и выйти на новых вкладчиков. Кстати, можно предположить, что все позитивные отзывы о мошенниках заказные.

Какие основные пункты в клиентском договоре?

Самым основным документом, который определяет правовой статус взаимоотношений между брокером и клиентом, считается договор о предоставлении услуг. У мошенников из Weltrade он называется “Договор публичной оферты”.

“Веселье” в обзоре договора начинается уже с самого первого пункта. Брокер Weltrade оставляет за собой право не возвращать деньги клиентам.

Не пришлось далеко идти за следующим абсурдным пунктом. Согласно пункту 1.14, аферисты могут не выводить суммы клиентов, которые меньше 10 000$.

Пункт 4.21 гласит о том, что аферисты из Weltrade могут приостановить торговлю клиентам, использующим счет Micro, и потребовать перейти на более дорогие счета. Другими словами, брокер может легально начать разводить клиента на большие суммы.

Пункт 5.8 стандартный для договоров всех аферистов. Когда клиента разведут на деньги и он захочет разобраться с мошенниками, то единственная инстанция, в которую он сможет обратиться, — суд в оффшорном Сент-Винсенте и Гренадинах. Для тех, кто не знает, это островное государство в Карибском море. То есть, если у клиента останутся деньги после развода мошенников, ему придется лететь на эти острова и сидеть в суде под какой-то пальмой:

Какая схема обмана и что еще удалось узнать о мошенниках из Weltrade?

Проанализировав тонны информации в Интернете для нашего обзора, мы пришли к выводу, что аферист Weltrade не имеет никакого отношения к международному внебиржевому рынку. Мы не обнаружили конкретной информации о поставщиках ликвидности для этой конторы. Несколько раз мелькала мимолетная информация о LMAX, однако эти сведения не проверенные. Официальной информации об этом на сайте weltrade.com нет. Да и сам LMAX — не кто иной, как мошенник рынка Forex. Обзор на него мы делали ранее.

Если у Weltrade нет проверенного и надежного поставщика ликвидности, тогда откуда берутся котировки? Ответ прост: их рисуют, чтобы выманить побольше средств у клиентов.

Не можем не поделиться информацией, которую нашли в Интернете. Обзор показал, что платежными операциями форекс-брокера Weltrade занимается мутная британская фирма Newstar, уставной фонд которой равен 1 фунту:

В подтверждение этой информации идет скриншот свидетельства о регистрации компании Newstar:

Обзор отзывов клиентов

В Сети море негативных комментариев как о форекс-брокере Weltrade, так и о его предшественнике — System Forex.

Некий Александр подтверждает наши слова, что у графиков на weltrade.com нет ничего общего с реальностью:

На следующем отзыве обманутый пользователь заявил, что “Велтрейд” — это обычная пирамида. По сути, клиент прав. Поскольку этот форекс-брокер берет деньги у одних клиентов и дает часть другим, а разницу присваивает себе:

Автор следующего отзыва уверяет, что как только на вашем счету появится немаленькая сумма денег, брокер Weltrade сразу покажет свое истинное лицо:

Следующие трейдер написал отзыв о технических проблемах сервера и плохом сервисе обслуживания клиентов:

При поиске отзывов для нашего обзора мы нашли интересный комментарий, где кинутый инвестор достаточно подробно изложил свои претензии к псевдоброкеру Weltrade:

В отзыве ниже идет речь о наглой краже личных средств. Трейдер рассказал, как аферисты завладевают средствами клиентов без махинаций с котировками:

В следующих двух отзывах кинутые клиенты мошенника “Велтрейд” описывают еще одну схему кражи средств трейдеров:

Как говорит бывший клиент в своем отзыве, работа форекс-брокера напомнила ему казино. На weltrade.com используют манипуляции с котировками и расширением спреда:

Наш вердикт

Форекс-брокер Weltrade — это бывший аферист System Forex. Компания регулярно обворовывает пользователей, решивших попробовать себя в роли трейдеров. В Интернете можно найти массу разоблачительных обзоров и отзывов от доверчивых клиентов, утративших сбережения в подвальной конторке “Велтрейд”. Она разводит жителей стран СНГ и соседних государств уже более 10 лет.

Фейковый брокер weltrade.com — это очередной scam-проект на рынке форекс. Он ничего не умеет делать, кроме как кидать клиентов. Поэтому держитесь подальше от этой компании!

Автор: Егор Тищенко

Weltrade Review

Weltrade general information

Belize

Founded in: 2006 year
Headquarters:
Offices in the country:
Minimum Deposit: 25 $
Website: www.weltrade.com
Website languages:
Execution model: NDD, ECN, STP
Deposit currency: USD, EUR, RUB
Support languages:
Regulated by:
Mobile trading: iOS, Android
Types of offered accounts:
Autotrading: MQL.5 Signals, Zulutrade
Affiliate program: Yes
  • Provision of a VPS server
  • Web-based platform
  • Cashback rebate

Weltrade Forex broker description

Weltrade is a forex trading company that was conceived by a team of like-minded individuals in 2006. It has its headquarters in Kingstown, St. Vincent and the Grenadines. Over years of hard work and specialization, Weltrade has carved out a name for itself in being among the best forex traders around.

Trading Accounts

For you to be able to execute trades with Weltrade, you will need to have a trading account. Weltrade will provide this accounts in various types that are designed dependent on different clients’ needs. These account types are the micro, premium, pro, ZuluTrade and the crypto account.

The Micro Trading Account

The micro trading account is an account type for novice forex traders who have little or no experience in trading same as in the forex trading concept. This is a training account and will give the trader hands-on skills and understanding when it comes to trading. The features of this account are:

  1. Market type of execution.
  2. Minimum deposit of $25.
  3. Uses the United States dollar and cents as its base currency.
  4. Fixed spreads with pips from 1.9.
  5. It is a commission free account.

The Premium Account

The premium account is the account type suitable for both experienced and inexperienced traders who do not want to stake much into the trade.

Its features include:

  1. It is a commission free account.
  2. Supports the market type execution.
  3. Minimum deposit is $200.
  4. It accepts the euro and the United States dollar as its base currency of operation.
  5. Leverages from 1:33 to 1:1000.
  6. Attracts an interest rate of 3.5%.

The Pro Account

The pro account just as the name indicates is an account type for professional traders who are willing to stake more in the execution of trades. The features of this account type are as follows.

  1. Minimum deposit is $500.
  2. It uses the United States dollar as its base currency of operation.
  3. Floating spreads from 0.5 pips.
  4. Market type of order execution.
  5. Leverages from 1:1 to 1:1000.
  6. It is a commission free account.

The Crypto Account

The crypt account is an account type that accepts cryptocurrency units in the execution of trades. The following are the features of the crypto account.

  1. Minimum deposit of $50.
  2. It uses the united states dollar as its base currency
  3. Leverages from 1:3 to 1:20.
  4. Commissions are charged at 0.5%

About the Company and Security Of Funds

In over a decade of Weltrade’s existence, it has managed to grow substantially and has expanded into more than 18 countries worldwide. That is a big fete for a financial company as clawing to such heights does not come easily. In these 18 countries, it has almost 100000 customers in each making it inarguably among the best forex traders around that you can get.

It has managed to diversify in its operations and this can be seen in the bold move the company took in the integration of crypto accounts. This was in a bid to take advantage of the ever-growing cryptocurrency sector. With this, it has also managed to get a lot of clients coming in droves seeking its services.

Weltrade does its best to ensure all its clients are satisfied with their product. A glance at Weltrade customer comments and review shows that has managed to do this perfectly. Among the notable area are in customer care where its customer care personnel work round the clock to ensure that its clients are served well and all their queries answered and solved.

The company is well regulated and has met all the set laws in all its areas of operation. Among the licenses it has under its possession include:

  1. A license by the Belizean international finance services commission (IFSC).

The company has put across the following measures to ensure that clients’ funds are kept safe.

  1. Segregation of clients’ funds by putting it in different accounts from the company’s operating funds.
  2. Using credible banks to store such funds.

Trading Conditions

Minimum Initial Deposit

Its minimum initial deposit is $25 which will serve as your initial capital in the execution of trades.

Commissions

No commissions are charged at all save for crypto accounts where it is set at 1.5*

Execution

Weltrade features the market type of execution on its trades.

Interests

The accounts attract an interest rate at 12% per year

Trading Platforms

Weltrade uses among the most advanced trading platforms to make its clients’ experience worthwhile. These platforms make the trading experience very simple and fun due to their many features. The trading platforms are the Meta Trader 4 and the Meta trader 5.

The Meta Trader 4 Platform

The Meta Trader 4 platform is a platform from Metaquotes that come with awesome features that enhance the trading experience. Among its features include:

  1. Has more than 50 inbuilt tools and indicators
  2. Allows for automated trading
  3. Has superb analytical and drawing tools
  4. Enables the copy trading concept
  5. It is compatible ios, android, and windows mobile devices as well as the desktop version

The Meta Trader 5 Platform

Meta Trader 5 platform is the recent platform version also from Metaquotes. Among its many features are:

  1. It comes with advanced tools in charting and analysis
  2. Allows for automated trading
  3. Allows for hedging and scalping
    It is compatible with android, ios, windows and also the desktop

Promotions

The following are the promotions that are currently running under the Weltrade’s site.

  1. The trading contests for crypto accounts fixed deposits of $400.
  2. The crypto giveaway 2020 where if you trade on cryptocurrencies you stand a chance of winning an iPhone x
  3. Get a deposit bonus on making a deposit.
  4. The no-commission deposit.

Withdrawals And Deposits

Withdrawals and deposits are easy to handle and can be done through the many payment channels from Neteller, MasterCard, maestro, and visa among others. The transactions are instantaneous except the case of bank transfers which may take up to 4 business days. Withdrawals may attract a little charge.

BRIEFLY ABOUT Weltrade

Weltrade is among the most credible forex traders that you can ever find. Their services are top-notch and it is a recommendable site for any trader who wants to get into the forex business or even for experienced forex traders.

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