Before you register: know what you are joining
Auron FX is an independent guide. We are not the official website of Weltrade, and we do not hold funds or see accounts. The buttons here use our partner link, so Weltrade may pay us a commission if you open an account. That does not change your trading costs. Please check these points first.
- India is not accepted. The Weltrade legal page lists India among the countries where its services are not available, and Weltrade is named on the Reserve Bank of India Alert List. If you live in India, do not register with a false address or somebody else's identity.
- Two entities. According to the broker legal page, Weltrade Ltd is a Saint Lucia international business company (registration number 2023-00055) with no named financial regulator, and Weltrade SA (Pty) Ltd is a South African company which the page says is regulated by the FSCA. A company registration is not a financial licence. Read the agreement in your account to see which entity you are contracting with.
- Reviews. Weltrade has about 3.9 out of 5 on Trustpilot, and recurring complaints concern slow withdrawals and verification delays. That is a general pattern, not a verified rate.
Our full Weltrade review covers these points, and how to choose a forex broker explains how to compare.
What to prepare
- An email address only you can access, and a phone number.
- A valid ID: passport, national ID or driving licence. Colour photo, all corners visible.
- Proof of address, such as a recent utility bill or bank statement showing your name and address.
- A payment method in your own name, for deposits and later withdrawals.
Registration steps
- Open the registration page through the partner button on this page. Check that the address in the browser is the real Weltrade domain and uses HTTPS.
- Choose your country of residence honestly. It decides the entity, products and payment options.
- Confirm your email using the message that Weltrade sends. If it does not arrive, check the spam folder.
- Log in to your personal account and complete the profile: full name as on the ID, date of birth, address, phone, and the questions about experience and income. Answer truthfully.
- Upload the verification documents.
- Open a trading account.
Is a $1 account sensible?
A very low minimum deposit lowers the barrier to try the platform, but it creates its own problems. With a balance of a few dollars you can only trade the smallest lot size, one losing trade can wipe out a large share of the money, and fixed costs such as bank or network fees can be bigger than the deposit. A small account is a way to learn how the platform, orders and withdrawals work, not a way to earn income. Keep your expectations realistic and use the cent or micro type for learning only.
Choosing between Micro, Cent and Raw
If you only want to practise with real money at very low stakes, a Cent or Micro account is the most natural choice. If you already understand costs and want tighter spreads, a Raw account trades a lower spread against a commission, and you need to calculate which is cheaper at your lot size with spread, commission and swap. The SyntX account trades synthetic instruments, which behave differently from currency pairs and may run at times when ordinary markets are closed. Read its specification before you use it.
Practical advice for the first week
Spend the first days on the demo account, not on the real one. Place trades at different times of the day and note the spread. Move a stop-loss, close a part of a position and use a pending order, so none of these actions is new to you when real money is at stake. Only then open the real account.
Open the Weltrade registration page
Verification (KYC)
Weltrade will ask you to confirm your identity and address before it pays out. Many user complaints about this broker are about verification and withdrawal waiting times, so do it right after registration, not on the day you want to withdraw.
- Use sharp colour photos, not screenshots, and show the whole document.
- The name and address must match on all documents and in the profile.
- Use a recent address document. Old bills are a common reason for rejection.
- If a document is rejected, read the reason in your account, fix it and upload again. Contact support from inside your account if the message is unclear.
Choosing a trading account
The minimum deposit we found on the broker site is $1 for Micro, Cent, Raw and SyntX accounts, $10 for Pro and $25 for Premium. The list and availability depend on your country, so check what you see in your account.
| Account | Minimum deposit | Who it may suit |
|---|---|---|
| Cent | $1 | Very small practice balances, balance shown in cents |
| Micro | $1 | Small accounts and small lot sizes |
| Raw | $1 | Traders who want tighter spreads and accept commission |
| SyntX | $1 | Synthetic instruments account: read its specific risks |
| Pro | $10 | More active traders |
| Premium | $25 | Higher tier; read its conditions |
A low minimum deposit does not mean a low risk. A $1 account can still lose all of its money quickly, and tiny balances make it very hard to use proper risk control. See risk management and spread, commission and swap to compare account costs. The exact spread and commission are shown on the account page and in the terminal, and we do not quote them here.
Start with a demo
Open a demo account first, then log in to MetaTrader. Weltrade offers MT4 and MT5 for Windows, mobile and web, and its own mobile app. Read MT4 vs MT5 to pick one, and our Weltrade download page for installation. When you log in to MetaTrader, choose the server name that your account page shows. Most login errors come from a wrong server.
First steps after registration
- Enable every security option your account offers, and keep your password and codes private.
- Save the account number and the server name.
- Practise on the demo for a few weeks with a stop-loss on every trade.
- Read how to deposit and withdraw at Weltrade. Note that withdrawal to a bank card is not available, so plan the route first.
- Deposit only an amount you can lose entirely, and make a small test withdrawal early.
Common problems
- Country not available: do not try another country. Accounts with false data are frozen at withdrawal.
- Email not received: check spam, spelling, and wait before asking again.
- Verification rejected: blurry file, name mismatch or old document.
- Login fails in MetaTrader: wrong server or wrong password type. Copy the server name from the account page.
- Contact from strangers: if someone on social media offers to register or manage your account, it is likely a scam.
Risk warning
Weltrade is an offshore broker whose main entity has no named financial regulator, so legal protection may be limited. Forex and CFDs are high-risk, leverage magnifies losses and most retail clients lose money. Synthetic instruments carry their own risks. Trade only with funds you can afford to lose entirely, and only if you are 18 or older. This article is education, not personal investment advice.