✔️ Information reviewed and updated in September 2024 by Eduardo López
IS Weltrade RELIABLE? OPINIONS
CONTENT
- 1 IS Weltrade RELIABLE? OPINIONS
- 2 ℹ️ BROKER DATA:
- 3 📞 LIST OF PHONE NUMBERS:
- 4 💰 DEPOSITS AND ACCOUNTS:
- 5 🌐 WEBSITE – WEBSITE:
- 6 ⭐ Weltrade RATING:
- 7 💬 WHAT IS YOUR OPINION ABOUT A COMPANY LIKE Weltrade?:
- 8 📣 LATEST UPDATES:
- 9 ✔️ REQUEST MONEY BACK FROM Weltrade:
- 10 🚨 FILE A COMPLAINT AGAINST Weltrade:
- 11 ❓ FAQS – FREQUENTLY ASKED QUESTIONS:
In this post, we will take an in-depth look at Weltrade. Is it the forex, cryptocurrency and CFD broker Weltrade, with website at es.weltrade.com, really safe and reliable? Is it a good idea to invest your money with this company? Let's break down all the relevant aspects.
I will explain to you why I think Weltrade is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
I would like to emphasize two things: (1) the first is the regulation and (2) the second is the location of the company. Both are fundamental data to evaluate the seriousness and reliability of a company.
Is the company unregulated or regulated by a country with little seriousness? Is the company in a non-serious place or does it not mention its location? These are fundamental questions that every investor should consider about the trustworthiness of the company.
| Information | About the company |
|---|---|
| ❓ Company type | forex, cryptocurrency and CFD broker |
| (I.e. Company | Systemgates Ltd – Weltrade Ltd – Weltrade SA (PTY) LTD – Sofiante LP |
| ???? Address | Republic of Ireland (false) |
| 🕑 Website age | Your registration date was: May 5, 2004 |
| 🛡️ Regulapain | FSCA, South Africa (FCP number 50691) |
| 📄 Registration | Saint Vincent and the Grenadines – Saint Lucia – Republic of Ireland (false) – Marshall Islands – South Africa |
| 🌐 Website | en.weltrade.com |
| [email protected] - [email protected] - [email protected] - [email protected] | |
| ️ ️ Phone | +44-20-34116458 |
| ???? Live Chat | Yes |
| 💳 Payment methods | Credit card, cryptocurrencies, Visa, Mastercard |
📞 LIST OF PHONE NUMBERS:
+44-20-34116458
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of plans/accounts that Weltrade offers; They are divided into 4 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.
| TYPE OF plans/accounts | MINIMUM INITIAL DEPOSIT |
|---|---|
| Microphone | 1 USD |
| Pro | 100 USD |
| Premium | 25 USD |
| SyntX | 1 USD |
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “es.weltrade.com” was registered on May 5, 2004. 🚩
- Although the website indicates the company that owns it, I have not been able to find that it belongs to “Systemgates Ltd – Weltrade Ltd – Weltrade SA (PTY) LTD and Sofiante LP” in official company records, which makes me suspicious of its authenticity. 🚩
- The company mentions being subject to regulation by an unsafe regulator, such as the one located in South Africa. 🚩
⭐ Weltrade RATING:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company mentions being located in the Republic of Ireland, but I think they are trying to mislead about their location. I recommend extreme caution.
2) Although the company claims to be regulated by South Africa, a lesser-known regulator, I recommend verifying this information with reliable sources before making any investment decisions.
3) As I mentioned, I was able to check that the domain “es.weltrade.com” was registered on May 5, 2004.
4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.
5) The company has been reported by the following financial regulator(s): CONSOB, Italian National Securities Market Commission. It is a very unsafe company, be careful.
“If you ask me, I wouldn't put my money in a company with these characteristics: it is regulated in South Africa (very unsafe regulation). He mentions belonging to several companies such as Systemgates Ltd – Weltrade Ltd – Weltrade SA (PTY) LTD – Sofiante LP which apparently is a fake company. From my point of view, it would be unwise to recommend such a company.”
💬 WHAT IS YOUR OPINION ABOUT A COMPANY LIKE Weltrade?:
After carefully analyzing Weltrade, these are the most relevant conclusions about this financial services company. Firstly, although the domain “es.weltrade.com” was registered in 2004, which indicates some age, there are serious doubts about the authenticity of the corporate entities that the company mentions as owners, such as “Systemgates Ltd – Weltrade Ltd – Weltrade SA (PTY) LTD and Sofiante LP.” The lack of verification in official records raises suspicions about the company's transparency.
Additionally, Weltrade claims to be located in the Republic of Ireland, a location associated with financial stability. However, there is a widespread perception that this claim may be false, underscoring the importance of exercising extreme caution when considering any interaction with the company.
Regarding regulation, Weltrade indicates that it is subject to the regulatory jurisdiction of South Africa. However, this country is not widely recognized as having a robust and reliable financial regulator, raising significant concerns about the safety and security of investors' funds.
📣 LATEST UPDATES:
1) Update December 2019: The CNMV, National Securities Market Commission, has denounced Weltrade.
2) Update December 2020: CONSOB, the Italian National Securities Market Commission, has denounced Weltrade.
✔️ REQUEST MONEY BACK FROM Weltrade:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can start capital recovery.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 FILE A COMPLAINT AGAINST Weltrade:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
Weltrade is an investment broker in forex, cryptocurrencies and CFDs.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
Weltrade is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have been scammed or lost money, I suggest you explore recovery options. capital recovery.
To find a reliable and safe company, I would recommend you check eThe ranking of the best brokers and also investigate the 3 best brokers of the month.
I do not recommend it friends ...
Thanks for your opinion Juliandep!