WELTRADE's transformation from Reliable to a Problematic Broker

WELTRADE is a CFD Broker that has been operational since 2006, offering trading for forex, metals, indices, and cryptocurrencies. However, a trader has brought it to notice how it has recently transformed from being a reliable and well-functioning broker to one opting for scammy tactics.

WikiFXs Take on WELTRADE

There has been a rising number of complaints from users seeking exposure for their bad experience with WELTRADE. The number of negative comments has increased to 14 in just a couple of months, prompting several warnings and risk alerts from the traders.

The trust score of the broker has also gone down to 5.64 out of 10 and the trading environment rating has fallen to ‘D’ that signifies ‘Worst Experience.’

Traders Experience from Trust to Setbacks

This exposure is inspired by the concerning experience of an Indonesian traders journey with WELTRADE. The trader has been using the platform since 2018, and the services have been satisfactory initially and up till a few months back with quick trade execution, competitive spreads and responsive customer support service.

However, the broker‘s mask didn’t stay for long, and with 2025, there also came the significant issues with the platform, as noted by the trader:

• Delayed or denied withdrawals
• Unstable servers
• Unresponsive customer support service

Such issues raised concerns, resulting in the brokers transformation from being a reliable to a problematic one.

What do Other Exposure Comments Say?

As mentioned, there has been a growing number of complaints from traders against WELTRADE, most of them having similar concerns, like:

• Delayed or failed withdrawals
• Server issues
• Comparatively higher and manipulated prices
• Locked or suspended accounts
• Lack of regulations and licenses

These complaints lead to questions about the brokers credibility and their scammy practices.

Conclusion

WELTRADEs issues that have been rising since 2025, including withdrawal issues, unstable server, pricing issues, etc., hint towards a potential lack of regulations and oversight, giving the broker an edge to go for scams and fraud. Such brokers come with risks of huge losses, as it is the money and assets that are at stake. Thus, traders are advised to stay away from such brokers and practice due diligence before choosing one to invest and trade.

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