Score
WELTEX
Poland|2-5 years| https://weltex.co/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Poland
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
weltex.co
Server Location
United States
Website Domain Name
weltex.co
Server IP
172.67.156.229
Company Summary
| WELTEX Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Poland |
| Regulation | Unregulated |
| Market Instruments | Forex/Indices/Commodities/Shares |
| Demo Account | / |
| Leverage | Up to 1:400 |
| Spread | From 0.1 pips |
| Trading Platform | Weltex(Android/IOS) |
| Min Deposit | $10000 |
| Customer Support | Phone: +48 51 801 83 73 |
| Email: support@weltex.co | |
WELTEX Information
WELTEX is a broker. Its tradable instruments include forex, indices, commodities, and shares. The broker also provides six accounts with a maximum leverage of 1:400. The minimum spread is 0.1 pips, and the minimum deposit is $10000. However, due to its unregulated status, WELTEX is still risky.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:400 | Unregulated |
| 24/5 customer support | MT4/MT5 unavailable |
| Various tradable instruments | No specific transfer method |
| Spread from 0.1 pips | Unspecific transfer time and fee information |
| Unclear swap fee | |
| Inaccessible official website |
Is WELTEX Legit?
WELTEX is not regulated, making it less safe than regulated brokers.
What Can I Trade on WELTEX?
WELTEX offers 100+ market instruments, including forex, indices, commodities, and shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Commodities | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Precious Metals | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
WELTEX has six account types: standard, bronze, silver, gold, VIP, and pro. Traders who want low leverage can choose standard, bronze, and silver accounts, while those with a sufficient budget can open a pro account.
| Account Type | Standard | Bronze | Silver | Gold | VIP | Pro |
| Leverage | 1:200 | 1:200 | 1:200 | 1:200 | 1:300 | 1:400 |
| Margin loan | Up to 25% | Up to 30% | Up to 35% | Up to 50% | Up to 75% | Up to 100% |
| Minimum Deposit | $10000 | $25000 | $50000 | $100000 | $250000 | $1000000 |
WELTEX Fees
The spread is from 0.1 pips. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.
Trading Platform
WELTEX provides a propriety trading platform available in Android and iOS versions, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
| Trading Platform | Supported | Available Devices |
| Weltex | ✔ | Android/IOS |
Deposit and Withdrawal
The minimum deposit is $10000. However, the official website is inaccessible, so transfer processing times, methods, and associated fees are unknown.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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