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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.
Marscha-Lee Swartz
16.12.2025 | 18:26

I withdraw yesterday at 14:39 CAT still my withdrawal is on Processing. I made withdrawals before but receive it instantly what is the hold up. I don't get any clear answer I'm waiting a full 24hours now. I'm very very disappointed The agents don't even reply effectively. Today I'm reporting this broker

Tony Taylor
14.12.2025 | 18:12

This broker is thief, dont join this broker, i deposit 200, dollars and want to withdraw my money and this is what they are telling me. The reason why your withdrawal was returned to your account and a corresponding amount was deducted is because you have not performed any trading activity after making your deposits. Our policy requires trading activity between deposits and withdrawals. ​ Please ensure you resume trading activity, and you will then be able to submit your withdrawal request correctly. Action Required: Continue trading. Submit a new withdrawal request once you have completed some trading volume. I just need back my money and its problem getting back my money from this broker. Dont join this broker. I just need my money weltrade please and thank you. Am begging you can take your 1 percent withdrawal fee. I made a mistake depositing and its taking me hell to get back my money. I didnt know that i have to trade to get back my money. I just need back my money please and thank you.

Neels Botes
10.12.2025 | 06:25

These guys are rookies they can never give you a clear answer to why your withdraws are delayed they alway try to blame the payment processing company, they say they will update you nope they never do unless you reach out to them, ive been trading for 8 years and this can go on my book of top 10 worst brokers. 1 out of 10 times you get your withdraws in 10 - 20min other than that you must wait 5 - 10 days before your withdraw is proccessed, dont expect ANY consistancy from weltrade.

Roman Thabo Music
08.12.2025 | 13:31

I still didn't get my deposit since Saturday. No any help. I'm deeply hate. We can't keep on texting to the support once a ticket is opened. I wanted to trade. Also how can we refer other people to your platform if it's like this? I will not stop until I get my money I wish if we can be able to attach bad customer care as well 😢

William
04.12.2025 | 10:18

I started trading on Weltrade because of crypto, but I also plan to try forex trading. If it's your first withdrawal and you're worried it's taking too long, that's normal, cause the first withdrawal really takes a while. But the way, I think this is the first broker I've seen that work on contract terms with athletes like Luis Diaz and generally with well-known people. For me, that's a big trust boost. The company invests is its image and reputation.

Jev Wat
20.11.2025 | 18:48

I have been waiting for Weltrade to grant access to my account after they concluded their investigation into the mysterious withdrawal of my $881. During the investigation process, I was advised to enable two factor authentication, which I did. Upon regaining access to my account yesterday, I realized that two-factor authentication was turned off. This was done by the company, as confirmed via email response. This clearly means customer funds are not safe if the company has the ability to enable and disable security features at will. Again, save yourself the trouble and use a different broker. They advised that they can't reimburse me for the losses I incured. See email below where the Weltrade agent confirmed they turned off the two factor authenticator. Otari from Weltrade.com 3:12 AM (8 hours ago) to me Dear Jevaughn, ​ Hope you are doing well. ​ Thank you for reaching out to us. ​ During the investigation the 2-factor authenticator was disabled in order to unlock you account and now you can link you account once more to 2-factor authenticator. Sorry for the inconveniences which are caused by this situation. ​ Should you have additional questions feel free to contact us, we will be glad to help you round the clock 7 days a week! ​ Warm regards, Otari Weltrade Customer Support Before proceeding, we want to remind you of the inherent risks involved in financial trading. The markets can be volatile, and the value of investments may fluctuate, leading to potential losses. We advise you to carefully consider your risk tolerance and investment goals before engaging in any trading activities. This message does not constitute financial advice or a

Mohammed Yousif
08.11.2025 | 15:13

Guys do not trade with weltrade they stole my money 2 times and now they ignore me they are cheaters dont trade with them they are liers

Tegum
04.11.2025 | 04:29

Please please be aware of weltrade they are fraud stare I have about $400 I deposited last month it’s being 3 weeks now yet nothing has been poor customer support, they will keep asking you for 1 and same documents still yet at the end nothing will done please avoid them and do well to rate them 1 star ⭐️ where can we report them so that the can bring down their company because I have noticed that they are out for fraud no seriousness at all, don’t mind the kind of reply they will come replying on this massage they are thieves and their customer service will not help you with any valid thing the best they know is to apologize and still not do any thing. shameful fraudulent brokers . This kind of broker should be wipe off from the society.

Harpinder
31.10.2025 | 06:30

Very bad broker today is almost 15 days my withdrawl is still on pending and not approving

Jev Wat
24.10.2025 | 17:53

After being told that my case was being investigated, and I would hearing something within 5 business days, I had to reach out on the 8th business day. Only to be told there was no update. After checking in again yesterday, I was asked to verify that I was the owner of the account, 8 days after the incident was reported. After providing the reqiested information, I received the below email. EMAIL response from Weltrade reads; "Thank you for your patience and for providing the requested verification document. We completely understand your concern regarding this situation and sincerely regret the inconvenience caused. Please note that your trading account was temporarily blocked and subsequently closed as a security measure to prevent any further unauthorized access or potential hacking attempts. After reviewing the case in detail, we must inform you that the funds in question were already withdrawn before the security block was placed. Unfortunately, as the transaction was completed, those funds are not recoverable. We understand this is disappointing news, but please be assured that the actions taken were aimed at protecting your account and personal information from further compromise. If you have any additional questions or need further clarification, please don’t hesitate to contact us ,we’ll be glad to assist you. Warm regards, Weltrade has the worst customer service and lack of empathy for customers. They claimed the close my trading account, but up on attemptiing to access the DASHBOARD, I was blocked there too. I have 4.95 one the account and I have been asking for access to remove my funds and no one has been assisting me.. **STAY WAY FROM WELTRADE!!!! EVEN WITH 2 FACTOR AUTHENTICATION YOUR ACCOUNT IS NOT SAFE WITH THIS BROKER. AND WHEN YOU NEED HELP, YOU WILL MOSTLY GET AUTOMATED RESPONSES. I DO HOWEVER REALIZE THAT THEY CONVENIENTLY RESPOND PROMPTLY TO TRUST PILOT REVIEWS. THEY HAVE EVEN ATTEMPTED TO HAVE MY PREVIOUS TRUST PILOT REVIEW REMOVED.. WARNING, IF YOU HAVE FUNDS ON YOUR ACCOUNT, REMOVE IT NOW AND STOP TRADING WITH THEM IMMEDIATELY. DERIV IS A SAFER AND MORE CUSTOMER CENTRIC BROKER. NO FUNNY BUSINESS WITH DERIV.

Sam Z
21.10.2025 | 22:09

Possibility of half a star in this lifetime???!!!! My money went missing while making a deposit with this broker. Money was debited from my bank but never credited into my Weltrade account. They are so good at “Sincerely apologising for any inconvenience” but taking action = 0 effort. Been pleading with them to fix this. Such a nonsense of a broker.

alex leung
20.10.2025 | 22:43

This is one of the worse broker around. Card withdrawal has been down for over almost 2 months now and on their website it keeps saying under maintenance. They have no urgency in getting it rectified. The website always say is should be back by a certain date, only to keep getting push back to a further date . I wouldn't recommend using weltrade

felix laulent
18.10.2025 | 11:21

Scam broker i deposit my fund but didn't reflect to my account. I contacted online they can ask me to send proof of payment while i already sent. I didn't receive my fund until today. BiG scam

Goodboy
17.10.2025 | 11:40

Weltrade is one of the worst brokers I have ever met. I did copy trading with them, I was having losses and the master account with another broker was making profit, weltrade will close with losses and their spread is very bad. Guys run from them.

Eboka Morara Alain
16.10.2025 | 16:50

Alert!Alert! Alert! If you have an account with weltrade quit before you will regret one day.these guys are thieves and scams.when you register newly with their broker things will seem to be going well both withdraw and deposit but after sometime your money will be missing.It has happened to me twice and recently 6days ago,which I reported them here on trustpilot.one of their thief only comes and comment here as though they are legit and they will tell you to email them but nothing will be done.Contact them as many times as you can is AI agent who will be responding to you.This fraudulent broker should be reported to department of cyber security to be closed down as they have continually scammed people of their deposits.Many complains here of thesame act to different individuals.Beware of WELTRADE!

Michel
10.10.2025 | 05:38

I deposited more than 200$ using binance i was able to withdraw my funds and my profit without any issues, i highly recommend using binance pay whenever u want to deposit or withdraw funds. Pros: fast deposit and withdraw ( you should be verified on weltrade ) Cons: verification can take up to 48 hours but the support team will assist you with any issues

Shanika
07.10.2025 | 11:34

I deposited $50.00 to my account. Upon logging into MT5, I realized that weltrade does not offer the indices that I trade. I attempted to withdraw my funds using the card method, it is not available. i tried using binance pay, they rejected my request and withdrew a small fee from my balance claiming that I had breached my terms. I will be getting a lawyer involved and/or making a report to the BBB or any other applicable regulatory body. these people are thieves.

Anthony Mukundi
07.10.2025 | 08:36

Deposit takes forever to be credited to Trading account. Why? It means if I had a margin call, the account could just blow which happened since yesterday. I deposited and the I have to keep looking fo help to crdi m account. Taking hours and hours. Poor support system.

hadassah mapara
27.09.2025 | 14:32

I want my profits back, u cant just take people profits without reason

Hassan Khan
25.09.2025 | 09:37

I want to warn other traders about my terrible experience with Weltrade. On 22 Oct 2025, I deposited $14 via United Bank into the account name “Basit,” exactly as shown on their platform. I have complete proof of payment (bank receipt + screenshots). When I attempted to upload the screenshot for confirmation, their page froze on “loading,” so I immediately submitted a support ticket. Weltrade support told me to wait 72 hours. I waited patiently. Now it has been over 75 hours and my deposit still has not been credited. Their team is unresponsive and keeps giving excuses instead of a real solution. This delay has caused me to miss trades and lose opportunities. Worse, it feels like a scam strategy — taking money and then hiding behind “technical issues” and “verification delays.” If a platform cannot credit a small $14 deposit within 1 day, how can anyone trust them with bigger deposits? ⚠️ My warning to traders: Do not trust Weltrade. They play with people’s money, hide behind excuses, and waste time. I will also be sharing my full proof on social media so others don’t fall for this fraud.

Malegasa france Mosomane
24.09.2025 | 23:43

When I make deposit most of the time doesn't reflect on my MT5 The team doesn't allocated it immediately please help us ASAP How long it will take to get my money on my MT5 why this broker is very poor like this Some of us this is our bread we are whole day so I have deposited yesterday till today I didn't receive my money

Sky Sher
22.09.2025 | 22:14

Do not use this Broker. They refuse to process visa/mc withdrawal. First they said maintenance will be taking place and you can withdraw on the 19th. The 19th came and then when it’s time to withdraw, they extend it until the 22th, then when the 22nd came today! I immediately withdrew my funds, they canceled it and said maintenance extend until the 28th. This is the worst broker ever. I regret putting any funds on their platform. Whoever runs this or is behind the scene, a time will come for you to answer accordingly. I need my money. Yall are thiefs.

Lekode Malloum
20.09.2025 | 16:30

Je m'appelle malloum As

Daud Noh
18.09.2025 | 04:43

I'm waiting my deposit more than 10 hrs and still have nothing .. the help center is helpless. This is the recurring answer: Dear Daud, Thanks for reaching out to Weltrade Support! Your request has been received, and our team will get back to you within an hour. However please note that some cases may take more time. We appreciate your patience and will do our best to assist you as quickly as possible. They say this but they never contact you back unless you cantact them again and again and when you contact them again the answer is same to the previous answer No New you stuck to wait and wait without any result.

S J Invest
09.09.2025 | 08:48

You have a 4.6-star rating on this site (Trustpilot), but other sites don't look so good. See reviews on ForexPeaceArmy and WikiFX. Most issues relate to unfair practices and withholding and delaying withdrawal procedures. PLEASE explain your position in this regard? And please submit proof that their reviews are intentionally meant to discredit Weltrade in any way, if that's your answer.

Dakincortez @ gmail
29.08.2025 | 01:17

The withdrawal process is a nightmare. I was lucky my family connected me with people who knew how to handle it otherwise I’d still be stuck. Open to share more.

Florence Jumbo
20.08.2025 | 20:53

I’ve been having trouble Making deposit using their mobile money payment methods, it’s been 4 days now. And when you contact their customer service team they just copy a pre written statement and send to without actually going into the account and finding out what wrong. This is very frustrating. It opens quite alright for you to put the amount you want to deposit but when you click the continue button it gives an error message saying “something went wrong, contact the customer support” and you contact the customer service team and they seem like they don’t know what to do.

hussen sayid
16.08.2025 | 18:54

best broker i have ever seen

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