WELTRADE

FX3280506688

Verified

Thailand

WELTRADE, you garbage platform, all the money pits I've struggled to find in Thailand! Last Monday at 9.00, I was staring at the GBP/THB movement chart. The night before, I analyzed nearly a week's worth of trading data and decided to buy 5 lots at 32.15. It turned out that after placing the buy order, the platform directly displayed 'order submission failed.' I thought it was a network issue, so I tried three more times, but the page remained stuck! After 10 minutes, it returned to normal, but the price had already surged to 32.48. I ended up with 64,500 THB less. What's even more infuriating is that when I contacted customer service, they said, 'You were too slow and missed the best timing.' They even used 'data logs' as an excuse, claiming network delays when I submitted the order. At that time, I was using the fastest fiber optic in Bangkok, with internet speed tests showing 100 Mbps—how could there be delays? I've lost nearly 200,000 THB in the past half-month due to platform freezes and failed orders. WELTRADE, are you deliberately playing games and trying to swallow my money?!

FX2536206991

Verified

Indonesia

On the night of the May non-farm payroll data release, I traded the USD/IDR currency pair on WELTRADE, setting a take-profit point of 15,200. When the market hit 15,205, the platform delayed closing my position for 30 seconds, ultimately closing it at 15,080. My original profit of 1.2 million rupiah turned into a loss of 850,000 rupiah. This slippage only occurs during the early morning hours of Indonesian time (02:00-05:00 Jakarta time), when European and American markets are active but local regulatory complaint channels are closed. By July, my initial investment of 5 million rupiah had lost 2.3 million rupiah due to similar slippage. Yet, the platform continues to push "low spread trading" ads on LINE. I believe this is a scam.

Nicolás Torres

Unverified

Colombia

I haven't had any issues with depositing, it's very fast and no problems with withdrawals either, it takes 10 to 15 minutes and honestly very good.

Positive

In a week

FX3703483772

Verified

Thailand

Last week, your Thai client who claimed to be the 'Head Data Analyst' contacted me on Facebook, boasting about 'internal data sources from the stock exchange' and the ability to accurately predict crude oil inventory data. I foolishly believed your lies and heavily traded crude oil based on your advice before the EIA data was released. The market crashed by 3.50 dollars! The most shocking part was that you manipulated the closing price! The market closed at 81.50, but your platform displayed a price of 80.80, forcing me to liquidate my long position! Afterward, I compared data from up to 8 different platforms and found that only your platform showed such a significant discrepancy in the closing price! After I got a margin call, your Thai customer service even shamelessly claimed, 'It's an automatic price settlement system,' and had the audacity to recommend I purchase their 'Supreme Data Service' for 12,000 baht per year, claiming I could access 'real settlement data'!

FX3842876598

Verified

Thailand

The bonus system traps your original deposit and the withdrawal requires a high condition. I was deceived by the '50% bonus' of WelTrade and deposited THB 200,000 for a THB 100,000 bonus. But when I wanted to withdraw THB 150,000 in December, I was told that I must trade '300 times the volume' to unlock it. From my typical trade, I would have to continuously trade 3,000 lots, which is impossible in the network environment of Thailand. What's worse, they secretly changed the terms, prioritizing account closing profits before the bonus. When I requested to cancel the bonus and only withdraw the principal, the customer service told me 'the account money is already linked to the bonus, and a forced withdrawal will incur a 50% penalty'. Now, my THB 280,000 in the account is seized. This platform is terrible, don't trust it at all.

FX5426018720

Verified

Malaysia

WELTRADE, you're a fucking scam! I've lost everything to your fake data, and now I can't even withdraw my last bit of capital! When I was trading forex, I always followed your platform's data closely to place orders, but every time I reached a critical profit and was supposed to close a position, your data would jump up and down like crazy! The international market clearly showed the USD/RM was stable at 4.72, but your platform suddenly soared to 4.80 without warning, forcing a stop-loss on my short position! I went to customer service to argue, and they brazenly said, "It's normal market fluctuations due to sudden market news"—a fluctuation of 0.08 pips? The most infuriating thing is the withdrawal issue! I submitted a withdrawal request 15 days ago, and I haven't seen a single cent! This is clearly a deliberate excuse to delay and withhold our funds!

FX1060661823

Verified

Indonesia

WELTRADE, you are a true cancer in the financial world! Price updates were a full fifteen minutes behind the real-time market conditions, completely rendering all stop-loss settings useless. Causing financial lossesBy the time I could operate them, my position had already been liquidated! I immediately contacted your Indonesian customer service for an explanation, but they claimed that "global market fluctuations are uncontrollable" and even asked if there was a problem with my internet connection. Even more abominable, one of the representatives directly mocked me, saying, "If you don't understand trading, don't play!" Your platform makes money from data services, yet when problems arise, you completely shirk responsibility? This isn't just poor service; it's a blatant financial scam!

FX1557035082

Verified

Thailand

วันนี้การเทรดของผมพังพินาศไปเลยเพราะระบบห่วยๆ ของทีมไทยของคุณ! ราคาอัพเดทช้ากว่าตลาดไปสิบนาที แถมการตั้งค่า Stop Loss ของผมก็ใช้การไม่ได้อีกต่างหาก กว่าจะเริ่มเทรดได้ สถานะก็พังไปแล้ว! ผมรีบติดต่อฝ่ายบริการลูกค้าชาวไทยของคุณทันทีเพื่อขอคำอธิบาย แต่พวกเขากลับอ้างว่า "ความผันผวนของตลาดโลกควบคุมไม่ได้" แถมยังถามอีกว่าอินเทอร์เน็ตผมไม่ดีด้วยซ้ำ ที่น่าขยะแขยงยิ่งกว่านั้นคือ มีคนหนึ่งมาเยาะเย้ยผมตรงๆ ว่า "ถ้าไม่เข้าใจการเทรดก็อย่าเล่น!" ทีมไทยของคุณไม่มีทักษะและทัศนคติเอาเสียเลย แม้แต่การซิงค์ข้อมูลพื้นฐานก็ยังทำไม่ได้ แถมยังกล้าคิดค่าธรรมเนียมอีก! นี่ไม่ใช่แค่บริการแย่ๆ แต่มันเป็นการหลอกลวงชัดๆ! ผมแนะนำให้นักลงทุนทุกคน: ใช้ชีวิตให้คุ้มค่าและอย่าไปยุ่งกับ WELTRADE โดยเฉพาะในส่วนที่ทีมไทยดูแล ไม่งั้นคุณจะล้มละลายเป็นรายต่อไป!

FX2797191633

Verified

Malaysia

I deposited RM53,000 to trade, but every profitable trade was canceled due to a "system error," while losing trades remained active! Last week, I made a profit of RM15,000 on a USD/CAD short trade, but suddenly I couldn't log in. Later, I requested a withdrawal, leaving me with RM38,000, but the platform directly rejected it. "WELTRADE, you are garbage! You are scamming Malaysians! Your servers are down all the time! Especially during the evening trading hours (Malaysian time), the frequency of disconnections is ridiculously high. Because of your disconnections, my stop-loss wasn't triggered, and I lost $5,000 in one margin call. Stop screwing us over

FX1973152842

Verified

Thailand

They changed their name and entered Thailand to deceive people! They have a long history of misconduct dating back to when they were still called SystemForex. WELTRADE's market delay caused my 95 million baht investment to disappear. WELTRADE deliberately prevented my Take Profit order from being executed. Last Wednesday, after the U.S. Federal Reserve meeting, I was watching the USD/IDR chart, which showed 15,280, but when I placed the order, it said 'price adjusted to 15,350,' a slippage delay of 70 points, resulting in a loss of 4.2 million baht. Even worse, my Stop Loss order set at 15,300 was not executed due to the delay, and by the time of trading, it had already risen to 15,380. An 80-point slippage wiped out my account. WELTRADE is an 18-year-old scammer.

FX4946874512

Verified

India

Weltrade secretly tampered with my take-profit and stop-loss settings, causing me a loss of 68,000 rupees! Last Wednesday, I was trading in USD/INR and had set take-profit 74.50 and stop-loss 74.70. But when I checked my position that afternoon, the system showed that take-profit had changed to 74.30 and stop-loss to 74.80. As a result, when the price reached 74.48, I prematurely closed my position and lost 12,000 rupees. The next day, the price dropped to 74.75, and since I had set my stop-loss too high, I lost another 56,000 rupees—the exact amount I had earned from a small IT project! After filing a complaint with SEBI, I discovered that Weltrade's Indian 'Operation Center' was fake, located in a residential building in Gurugram. Now, I'm even struggling to pay my employees. WELTRADE is scamming people by manipulating their operating parameters. Do not trust them!

FX1339318586

Verified

Indonesia

WELTRADE's market delay wiped out my investment of 95 million rupiah. Last Wednesday, after the Federal Reserve meeting, the USD/IDR exchange rate showed 15.280, but when I placed an order, a message appeared saying 'Price updated to 15.350'—a 70-pip difference, resulting in a loss of 4.2 million rupiah! Even worse, my stop-loss order at 15.300 was not triggered due to the delay, and by the time it was executed, the price had already reached 15.380. This 80-pip difference wiped out my account.

Scholarre

Verified

United States

The Weltrade company had increased the spread for Gold, almost 1600 % from what it usually was and my account could not withstand. Moreover, Systemgates Ltd aka Weltrade is changing its registration every single year, from one offshore country to another. In 2016 it was Vanuatu, in 2017 it was Belize and in 2018 it is Saint Vincent and the Grenadines. I found out that Systemgates Ltd has no licence whatsoever to engage in forex trading since the Financial Services Authority does not issue a licence to a company engaging in forex. I have lost 56 000 USD and trying to get them back . The company refused to return the money after I lodged my complaint with it more than 10 times.

FX3988051162

Verified

Malaysia

As a Malaysian trader, I'm extremely angry about WELTRADE's exploitative spread practices against Southeast Asian clients. The average spread on the platform's USD/MYR currency pair is a staggering 18 pips, compared to just 6-8 pips on other international platforms like Pepperstone. Worst of all, during the Malaysian stock market's opening hours (9:00-10:30 AM), spreads often suddenly widen to 25-30 pips, completely rendering my short-term trading strategies impossible to execute. My trading records show that I lost an additional 5,800 ringgit in March alone due to abnormal spreads. WELTRADE also charges Malaysian clients an additional "emerging market currency surcharge" of US$3 per lot traded, while spreads on platforms in Singapore and Australia during the same period are completely normal. This is systematic spread manipulation targeting Malaysian traders.

FX6630491312

Verified

Thailand

ความล่าช้าของข้อมูลตลาดของ WELTRADE สร้างความเดือดร้อนให้กับผมอย่างมาก ผมกำลังเทรด USD/MYR และเห็นราคาแพลตฟอร์มแสดงอยู่ที่ 4.73 แต่ตลาดกลับขึ้นไปถึง 4.76 แล้ว ความล่าช้าเพียง 30 วินาทีทำให้ผมขาดทุน 3,600 บาทตอนที่ผมวางคำสั่งซื้อ ผมตั้งจุดตัดขาดทุนไว้ที่ 4.68 สำหรับ EUR/MYR แต่ความล่าช้าของข้อมูลของแพลตฟอร์มทำให้ไม่สามารถดำเนินการได้ ผมรอจนกว่าราคาจะลดลงเหลือ 4.75 ก่อนที่จะปิดสถานะ ส่งผลให้ Slippage 70 จุดและขาดทุน 84,000 บาท แอปเทรดบนมือถือของ WELTRADE มีช่องโหว่ด้านความปลอดภัยที่ร้ายแรง แอปนี้ขอสิทธิ์การเข้าถึงข้อมูลผู้ติดต่อ กล้อง และข้อมูลตำแหน่ง ซึ่งไม่เกี่ยวข้องกับการซื้อขายเลย โบรกเกอร์รายนี้ไม่น่าเชื่อถืออย่างยิ่ง ควรหลีกเลี่ยง

FX2276155840

Verified

Malaysia

WELTRADE's withdrawal issues have driven me crazy! I requested a $15,000 withdrawal in June 2025, but by August I had only received $3,800. "International taxes" were deducted from the remaining amount, and they couldn't provide any tax documentation. Customer service has been saying "it will arrive next week" for 12 weeks now! Even worse is their "account upgrade" scam. They tricked me into paying $5,000 to upgrade to a "VIP account," promising lower spreads and priority withdrawals. Instead, the spreads increased by 2 points, and withdrawals became even slower. Forty-three users on the Malaysian and Los Angeles forex forums have fallen victim to the same upgrade scam, collectively losing over $100,000. Don't trust this platform anymore.

Vikash8812

Unverified

India

Weltrade.com ( weltrade.in ) not processing my 1100usd withdrawal My Account is fully verified account pending since 1 day actually there standard time for withdrawal is 30min only also They blocked my profile and blocked chat service also I can’t access them or complain to them at all

FX3851090522

Verified

Thailand

The trading environment of the platform is very unstable. I applied to deposit money on July 23, and the Exchange notified me via email that I had to pay income tax before July 29. They sent another letter informing me that I had to pay the full amount within 48 hours, otherwise they would sue me and report tax evasion. Before paying the tax on July 28, I repeatedly confirmed whether I could withdraw the money after paying the full amount. The customer service team assured me that withdrawals would be possible. After receiving confirmation from customer service, they told me to wait 1-3 days to receive the receipt. On August 1, the Exchange sent me a letter stating that I had not paid 13,000 U and had to settle it myself, so the 13,000 U was frozen. This is robbery. They didn’t explain from the beginning that it had to be the same account. Moreover, when I took a screenshot and sent it to customer service, they should have verified the ID and confirmed there was no issue. I truly cannot accept WELTRADE. This platform is like a huge pit—I’m trapped in it, suffering unbearably.

FX4231257440

Verified

Indonesia

WELTRADE, your platform is an investor's nightmare. I'm filled with anger and disappointment! I've lost over $8,000 trading on this platform. The slippage algorithm is manipulated to achieve a zero negative slippage rate. However, an analysis of 1,237 trades revealed clear manipulation of WELTRADE's slippage distribution: positive slippage occurred at 0%, while negative slippage was as high as 23.7%! Specifically, 92% of stop-loss orders experienced additional slippage (average -2.8 pips). In contrast, take-profit order slippage was incredibly precise: 97% of orders were executed at or within 0.5 pips of the take-profit level. My stop-loss on a long EUR/USD order at 1.2050 was actually closed at 1.2032 (18 pips of slippage), while similar orders on other platforms experienced a maximum slippage of no more than 8 pips. This systematic one-way slippage anomaly fully proves that the platform deliberately increases the slippage in the loss direction when hedging customer positions in orde

FX3889613067

Verified

Malaysia

Trading with WELTRADE, I found their spreads to be extremely unreasonable, significantly higher than those of other legitimate platforms. This meant I had to pay higher costs for every trade, significantly reducing my profit margins. Moreover, there are many unclear points in their trading rules, and they often exploit these loopholes to harm their customers

Neutral

08-26

FX3932699868

Verified

Indonesia

Slippage is like robbery, defrauding investors of their money. Weltrade is a scam that exploits malicious slippage to extract money! I initially believed their claims of "low slippage and transparent trading" and deposited $30,000 in forex trading. Slippage devastated me on every trade, leaving me with less than $5,000 in principal. I'm so angry I can't sleep all night! The most outrageous thing happened the night of last month's non-farm payroll data. I analyzed the market in advance and placed a long order at 1.0820 on the EUR/USD pair, setting a stop-loss at 1.0800 and a take-profit at 1.0850. However, when the data was released, the platform froze for 10 seconds. After it recovered, the order was filled at 1.0775—a full 45 pips below my order price! My stop-loss was completely useless and never triggered. I watched my losses escalate to 1.0730, costing me over $9,000 on that single trade. I immediately contacted customer service for an explanation, and they initially offered a per