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WELTRADE customer reviews

Updated: July 28, 2026
WELTRADE
Views1864
Summary
Reviews consistently report severe withdrawal and deposit problems—payments delayed for days or weeks, withdrawals repeatedly canceled or left pending, funds locked by bonus/turnover rules, and specific payment method ("Bank Transfer Option 2") described as highly unreliable. Many users complain about repeated KYC or selfie requests, being told they are unverified after previously being approved, and even the company disabling two‑factor authentication during investigations, raising concerns about account security. Several traders report account restrictions or balance adjustments after profitable trading, with profits confiscated or accounts flagged for alleged "bad faith" without clear evidence or transparent explanations. Execution issues were also raised: asymmetric treatment of slippage (favorable to the broker, harmful to the client) during market gaps, platform lag, and alleged chart manipulation or B‑book practices. Customer support is repeatedly criticized as unhelpful and automated—tickets yield generic AI replies, long delays, and little human escalation. Copy‑trading profit shares and partner/company payouts are reported delayed or unpaid. While a few users mention smooth MT5 setup, successful P2P crypto transfers, and trust boosted by public sponsorships, the overwhelming sentiment is distrust: users call the broker scammy, warn others to avoid it, and recommend choosing more reliable alternatives.
Shylock
16.07.2026 | 09:50

Traded news , then when you become profitable they talk about their polices, what about all the losses l took during news did they compensate for that no , did they warn me before news , no they allowed me to trade news 🤔, on the lost accounts they would have send me an email we do not allow you to trade news , l think this broker is a B book white lable shit

Junior Ilunga
15.07.2026 | 10:41

I had a very disappointing experience with Weltrade. My account was restricted after profitable trading, and I felt the explanation provided was unclear and did not properly address my concerns. I contacted support several times, but I was told the decision was final without receiving the detailed evidence I expected. As a trader, I believe companies should be transparent about account actions and clearly explain the reasons behind important decisions. This experience has left me with little confidence in the platform, and I cannot recommend it based on my experience. I hope Weltrade improves its communication, transparency, and the way it handles customer disputes in the future.

Takunda Mutiwokuziva
09.07.2026 | 11:58

They can flag your account under trading violations whenever they like and then revoke or take all your profits. They will say it is bad faith. If you ask for evidence or justification of bad faith they won’t give it to you they say their terms and conditions say company decisions are always correct and decisions are final and cannot be reversed So even if you trade fairly and genuinely they can still flag you with trading violations and revoke your profits if they decide to do so and they won’t tell you the exact reason why

raymond paradzayi
03.07.2026 | 15:52

Customer service is a nightmare. They have a series of robots manning the platform to ensure you dont talk to the company personel. The robots return the same replies even if you request a different solution.

Target Tshuma
02.07.2026 | 15:40

I traded fairly on a news day and got a 1800 profit .the next thing u took all my profits claiming i violated some terms .Why do you do that Weltrade.if it was a loss were u going to give me back my deposited money??if thats how you work then there is no need to trust you

Ian Mthiyane
28.06.2026 | 22:11

They blocked me from depositing funds to my account without a reason. All deposit methods were removed. When I queried about it they always say a ticket has been created and their agent will get back to me. Until today no correspondence or some form of a lame excuse, nothing at all yet 3 months has passed already and im still waiting for a feedback. Thats insane, I guess they blocked me simple because I was withdrawing more that I was depositing funds.

RxSlime Lynk
28.06.2026 | 19:03

You stupid people are fraud I post a review about your stupid platform and you dumb idiots take it down why , you're company is damn boring and stupid to trade , you damn keep on manipulating the damn charts i can't even grow my damn account because you dumb 🗑🐒🐕🗑🐒🐕😡😡😡😡😡😡😡

Kate Ugochukwu
25.06.2026 | 19:21

Scammers they sent me email that am fully verified after I uploaded my documents. I deposited successfully but when I tried withdrawing all of a sudden they said am not verified 😔 I should upload one ridiculous selfie which I did the next thing they said it's blurry mind you This is on an account that has been verified before by them and the worst is no human being will respond to you.you lly only be chatting with Ai

Ntombenhle
16.06.2026 | 05:29

Dont bother with this broker they will take your money. If you are considering using them just dont use reliable brokers like deriv instead. Today I tried to withdraw my first withdrawal which was canceled without a reasonable explanation. They then advised me to do another withdrawal which I did that withdrawal was canceled 😞 aswell. I requested my 3rd withdrawal that also was canceled withdrawal any valid reason. STAY AWAY FROM WELTRADE FOR YOUR OWN PEACE OF MIND THEY TAKE PEOPLES MONEY'S I AM PROOF OF THAT.

Faisal Ali
14.06.2026 | 20:24

I am disappointed with my experience with Weltrade. I deposited funds with the intention of trading and used only one account. After trading activity on my account, I received a notice stating that my account had violated their Client Agreement and an adjustment was made to my balance. When I contacted support, I was informed that my account usage was considered inconsistent with the intended purpose of the platform. However, I believe my intention was genuine trading, and I was not aware that any of my actions could be interpreted as a violation of their rules. I have requested a review of my case and am still seeking a fair resolution. I encourage traders to carefully read all terms and conditions before depositing funds. This review reflects my personal experience with the broker. This is my mt5 id 16723336 Please help me to Recover my Funds of 90$.

Ntuthuko Dube
12.06.2026 | 04:04

I'm a deriv trader wanted to try weltrade so I had to come to the reviews first but the negative comments I'm getting about weltrade they make me stop right here.

Gugu
03.06.2026 | 19:34

Things were all okay at first, withdrawals would be titled “processed in 30 minutes” and within that 30 minutes it would be in, i have been waiting for 12 days now and all my tickets get resolved without an actual resolution….

Marvin UIO
01.06.2026 | 15:07

Why is Weltrade failing at paying profit shares and delaying processes for copy trading? Almost a month trying to get a response for a profit share payment, 3 different compies, and up to this day, no one has been giving a professional response about this issue.

Tiaan Van wyk
25.05.2026 | 13:13

The negative reviews here outweigh the 2 or 3 positive ones by far. Terrible

MR MATT WAKE
24.05.2026 | 23:54

All attempts to use withdraw failed until I came across the page in my photo.

Riekert van Rensburg
09.05.2026 | 01:55

I have reviewed this broker before, but unfortunately my experience continues to be extremely disappointing. It appears that some of my previous negative reviews were removed, which is concerning given that my complaints are based on real and ongoing issues—particularly with their “Bank Transfer Option 2” payment method. This payment option is highly unreliable. There are times when deposits reflect almost immediately, but more often than not, the funds are delayed for days. In some cases, I’ve had to wait far longer than expected. During these delays, I’ve logged support tickets, only to receive repetitive responses apologizing for the inconvenience and advising that it may take up to 7 business days to resolve. Despite numerous complaints from users, this payment option is still being offered without improvement. What makes matters worse is the lack of proper customer support. When following up, I’m met with automated AI responses, with no clear way to speak to a real person. This creates a very frustrating experience, especially when dealing with financial transactions. In one instance, I waited nearly two months for a deposit to reflect in my account. During that time, I missed multiple trading opportunities, which could have resulted in profit. There seems to be very little urgency or accountability from the broker when it comes to resolving these delays. I have also confirmed with my bank that payments were successfully processed and released on their side, which further highlights that the issue lies with the broker or their payment provider. It is difficult to understand why a broker would continue using a payment provider that consistently causes problems for its clients. As I write this, I am again waiting—now on day three—for a deposit to reflect in my account. I strongly urge anyone considering using this broker to be cautious, especially when selecting Bank Transfer Option 2. Based on my experience, it is unreliable, and the lack of effective customer support only makes the situation worse.. I have send Weltrade an email and they came back to me said that they will give me feedback with in an our. Guess what, it’s been 3:30 hours later and still no feedback or response. I really think Weltrade is not a good broker at all to trade with. They like taking your money but not worried about you as the customer and your daily trading to make profits. I am extremely disappointed with my ongoing experience with Weltrade. This is now day 4 of waiting for my deposit to reflect in my account, and I have still not received any proper response—only automated AI replies that do not address my situation. This level of service is unacceptable, especially when it involves clients’ money. The issue lies with their Bank Transfer Option 2, which has proven to be completely unreliable. Sometimes payments reflect quickly, but more often they are delayed for days—or even longer. In the past, I have waited up to two months for a deposit to be processed, which is simply unreasonable. What makes this even worse is the lack of customer support. There is no real communication or urgency from their side, and it is nearly impossible to get through to a human who can actually assist. Logging tickets only results in generic responses with no real progress or updates. This is not just an inconvenience—this directly affects my income. Trading is how I generate money to support my responsibilities and my family, and every day that my funds are delayed, I am losing opportunities. I have confirmed with my bank that the payment was successfully processed, which makes it even more frustrating that the issue continues on Weltrade’s side or with their payment provider. I strongly advise anyone considering Weltrade to be extremely cautious, especially when using Bank Transfer Option 2. Based on my experience, it is unreliable, and the lack of proper support makes the situation even worse. At this point, I have very little confidence in their service.

Puwasit Trijaksang
07.05.2026 | 17:22

I am writing this to warn other traders, especially those using EAs or holding positions over the weekend. My experience with Weltrade regarding a market gap on gold (XAUUSD) revealed a very biased execution policy. ​When a gap occurred: ​Entry (Sell Stop): They filled my order at the first available market price (huge negative slippage), which is expected. ​Take Profit (TP): Even though the market opened WAY past my TP level (which should have resulted in a much larger profit), they filled my TP at the "Original Set Price" instead of the market price. ​The Result: Because they chose to use "Market Price" for my entry but "Fixed Price" for my TP, I ended up with a massive loss on a trade that should have been highly profitable. ​When I contacted support, they quoted their terms stating that TP is "guaranteed" at the set price. This means they apply slippage when it hurts the client, but ignore it when it would benefit the client. In my opinion, this is an asymmetric execution model designed to favor the broker at the client's expense. ​I have already withdrawn all my funds. If you value fair trading conditions and "Positive Slippage," I recommend looking for a broker with more transparent and symmetrical execution policies.

Wilbert Isabelo
01.05.2026 | 06:51

DON’T try this broker. worst broker i’ve used. 1st they are not top tier license. 2nd their 100% bonus is a trap. you cannot wirhdraw your money and locked up until the ridiculous turnover. and if you withdraw even your winnings is locked up until you reach the turnover. 3rd. impossible to withdraw. i am kyc verified but when i withdrawing they need to verify again. i cannot withdraw my own money even the same account number i used to deposit. and it will take a long time to process and until such time you’ll know it’s decline. they’re platform is so laggy

Nyasha Nation
25.04.2026 | 23:42

Im shocked to see reviews here,my friend recommended me yesterday and verification was smooth,didnt have any issues trading on MT5. Not a seasoned trader but its something im trying and the platform even helped me with peer to peer since my banks dont support crypto. First time doing a successfull peer to peer

kshadraka
21.04.2026 | 08:08

Broker stolen my money 3$ is scammer

Themba
19.01.2026 | 02:22

I sent money in and still haven't received anything, even though it's been a long time. I also asked for a small return months ago and nothing happened. And more recently, I requested another payout and still nothing has been done. I'm really frustrated and feel ignored. #StovexGlobal #Inc brings a fresh structure. Since I joined, the progress has been steady and payments have come through every time.

RxSlime Lynk
17.01.2026 | 12:37

Want Weltrade available in Jamaica because is a good platform to trade with , I checked it out & it's not available in Jamaica & the visa debit card isn't available to so please try & sort it out ok

Riekert van Rensburg
08.01.2026 | 18:36

Very Poor Service and Unacceptable Delays I made a deposit to Weltrade on 21 December 2025 and, despite sending my bank statements at least five times, the issue has still not been resolved. There has been no meaningful feedback, no urgency, and no accountability from their support team. This level of service is completely unacceptable, especially when it comes to handling client funds. Repeatedly requesting the same documents without taking action shows a lack of professionalism and efficiency. Communication is poor, and the problem is simply being ignored. Based on my experience, I would not recommend Weltrade to anyone looking for a reliable and responsive trading platform. Trust and customer support are critical in this industry, and Weltrade has failed badly on both. Thank you for your response. I have already contacted Weltrade multiple times and sent the required bank statements on at least five occasions since my deposit on 21 December 2025. Despite this, the issue remains unresolved, and no clear explanation or timeline has been provided. While I understand that verification with payment providers may take time, this delay is excessive and unacceptable. Repeatedly asking for the same documents without any progress reflects poor communication and inefficient handling of client funds. I expect this matter to be reviewed urgently and resolved without further unnecessary delays. Please provide a clear update and confirmation of when my deposit will be processed. Regards, Riekert Jansen van Rensburg Thank you for the response, but this does not reflect my actual experience. I provided all the required information multiple times since 21 December 2025, yet my deposit remains unresolved, and my support ticket was closed without any outcome. Saying that the team is “already working on it” does not explain the long delay, the lack of clear communication, or why the ticket was closed while the issue is still outstanding. I have still not received a proper explanation, confirmation, or timeline regarding my funds. I expect this matter to be handled urgently and transparently, with a clear resolution instead of generic replies. Update – Issue Resolved After Significant Delay Update for transparency: My deposit has now been credited and is available for trading. However, this resolution came after a long delay, multiple submissions of the same documents, poor communication, and my support ticket being closed without an outcome. The issue was only resolved after repeated follow-ups and public escalation. While I appreciate that the matter is finally resolved, the overall handling of the situation was frustrating and could have been managed far better. I am updating this review to reflect the final outcome, but I believe it’s important for other traders to be aware of the process I experienced.

Chong
04.01.2026 | 20:19

In a recent situation, several of my orders were closed at a price level that does not appear on the price chart. Based on my review of the market data, that price was never reached, which raises questions about how the orders were executed. #krypto #Mining. Not attention grabbing. Built on dependability. Since joining, operations have been smooth and steady.

Bokang
02.01.2026 | 07:45

2 days ago ago I wrote a review about a dissappear deposit and unpaid withdrawal.later that day my deposit was allocated successfully.Unfortunately my withdrawal balance is still unpaid since from 25 Dec last year.I just want my money so I can close their account...I have so much stress because of this broker 😟😟😟

Ngwa
01.01.2026 | 10:02

Africans please avoid this Gold digger broker the will only take your money for vanishing it's been 3 months today i deposit $150 yet i haven't received till today Its been about 2 months i withdrawal $10 yet nothing is done about it too And i have withdrawal $400. 1 week ago yet nothing has been done too. Avoid this broker if you wan to succeed in trading in 2026 i too much suffered from this broker💔💔💔❌❌❌🚩🚩🚩

Che
31.12.2025 | 20:08

More than 2 days to make a deposit. Funds get lost between the broker and the payment agents. No one takes responsibility. Ping pong. Vague timelines for resolution. Watch your money. Deposit small sums and withdraw at your earliest opportunity. Do not use KoraPay and if possible use a different broker.

Greiban Pinto M.
28.12.2025 | 22:58

They're thieves. This broker withdrew $528 from my account. It wasn't a hack because they didn't change my password or username; I even had an open trade. This broker is going downhill fast and is continuing to steal from its traders.

dominic mwangi
24.12.2025 | 18:19

Guys avoid weltrade at all cost at first they seem to be okay but then you make a deposit and they will never credit it there are many others brokers that offer synthetics indices... They are scammers for real and to make it worse when you try to reach them you talk to AI ...RUN away while you can or make the same mistake then you'll come here to cry with us.

Austin Ugwuegbu
19.12.2025 | 17:33

Weltrade is a complete scam! I deposited £251 and my account was not credited. Weltrade went ahead to close my account and claim they have refunded my money up an account that they closed. I am still in the battle for my refund

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