Weltrade Review 2026
The full Weltrade write-up for South Africa traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in South Africa
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD060 |
| Regulated Entity | Weltrade Ltd |
| Max Leverage (Forex) | 1:1000 |
| Minimum Deposit | $25 |
| EUR/USD Spread | From 0.5 pips |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Cooks under FSA (licence SD060). Cover charge $25. In South Africa, forex leverage is capped at 1:1000.
About Weltrade
Weltrade opened its doors in 2006 out of a kitchen in Victoria, Seychelles. Its menu runs to 300 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Weltrade Ltd under FSA.
In South Africa, Weltrade serves as Weltrade Ltd, cleared by FSA under licence number SD060. Under FSA house rules, South Africa traders are poured no more than 1:1000 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD060
- 300+ instruments to trade
- Negative balance protection in South Africa
- Platforms: MT4, MT5
- Founded in 2006 (20 years operating)
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Weltrade regulated?
Yes. Weltrade is authorised by FSA, issued to the entity Weltrade Ltd, an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for Weltrade in South Africa?
The cover charge is $25, the smallest amount South Africa traders need to open a live account with Weltrade under FSA rules.
What leverage does Weltrade offer in South Africa?
In South Africa, FSA rules cap Weltrade at 1:1000 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Weltrade safe to trade with?
The kitchen passes inspection: Weltrade cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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