House file

Weltrade

On the desk for one reason: single-entity structure. 2 register lines are on this file, spread across 2 legal entities in 2 jurisdictions, none of them with a top-tier regulator.

Filed by the desk · Rodney Bay, Gros-Islet, Saint Lucia (registered office) · year established not verified · sourcing confidence: medium

On the wire

2 items · 0 notices

01
register entry
None — Saint Lucia company registration only for Weltrade Ltd (Saint Lucia IBC reg. 2023-00055)
Source: weltrade.com
02
register entry
FSCA entry FSP 50691 for Weltrade SA (PTY) Ltd (reg. 2019/334947/07)
Source: weltrade.com

Entity by entity

2 lines

Register lines on file for Weltrade. A blank number is a number the desk could not read on a source; it is not a zero.
Regulator	Jurisdiction	Entity as registered	Number	Tier	Source
None — Saint Lucia company registration only	Saint Lucia	Weltrade Ltd (Saint Lucia IBC reg. 2023-00055)	not verified	T3	weltrade.com
FSCA	South Africa	Weltrade SA (PTY) Ltd (reg. 2019/334947/07)	FSP 50691	T2	weltrade.com

Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.

Commercial detail on the record

Minimum to open	$10
EUR/USD spread as published	not verified
Leverage as advertised	up to 1:1000 advertised on MT4 accounts
Platforms	MT4 · MT5
Account books	Micro · Cent · Premium · Pro · Raw Spread · SyntX

What the record says

Weltrade's legal page states that Weltrade Ltd is an International Business Company incorporated in Saint Lucia under registration number 2023-00055; this is a company registration and not financial-services supervision.

The South African group company, Weltrade SA (PTY) Ltd, is listed as holding FSCA Financial Services Provider Intermediary Licence No. 50691 for derivative instruments.

Weltrade's legal page names Danoa Enterprises LTD, a Cyprus company (HE489250), as its payment agent.

Weltrade's support documentation states the minimum deposit for a Pro account is $10.

The brand's site states it has offered forex and CFD trading for over 18 years.

Not verified

7 fields

The desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.