FxPro's website
Weltrade in India — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%0
- Round-turn cost20%100
- Safety20%no data
- Payouts15%99.6
- Track record10%no data
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- Weltrade Ltd
- Founded
- 2006
- Retail leverage
- 2000IN
- Round turn
- 3.1 USDIN
- Currencies
- USD, EUR, US Cent; no INR account.
- Swap-free account
- yes
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with WeltradeThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards India residents
- Weltrade Ltd
- Local standing
- Unregulated in India; offshore FX to non-INR pairs breaches FEMA/RBI rules. Specific RBI Alert-List entry not verified at review.
- Licence as the register states it
- No SEBI/RBI licence; offshore IBC only.
- Leverage for this entity
- Up to 1:2000 standard; 1:10000 SyntX.
- The firm behind it
- Founded 2006; operator Systemgates Ltd (Saint Lucia).
- What we hold against it
- Flagged by Malaysia SC and Spain CNMV; historical revoked licences; withdrawal-delay complaints; Trustpilot ~3.8.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youUnregulated in India; offshore FX to non-INR pairs breaches FEMA/RBI rules. Specific RBI Alert-List entry not verified at review.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against India market median(priced from 65 of 90)
Medians run over the 65 of 90 brokers that publish a price for India, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Micro/Cent ($1), Pro ($10), Premium ($25), SyntX. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Weltrade sits in the India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · this broker 3.1 USD · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · this broker 1 USD · 74 of 90 brokers do not publish it
Retail leverage (49 of 90 with a India figure)
Median 1:500 · range 20-5000 · this broker 1:2000 · 41 of 90 brokers do not publish it
Withdrawal time published (90 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (4 methods · 0 local rails)
INR/UPI local rails not verified for Weltrade;
- Cards
- Skrill
- Neteller
- Crypto
- Account currency
- USD, EUR, US Cent; no INR account.
- Fee declared
- 4 of 4 methods
- Withdrawal back to
- the funding method
Where it does not serve(9 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MT4
- MT5
- Smart Invest app
Identical for every row: Leverage 2000 IN.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 2 | — |
Share of reviewers in India: — The platform does not publish it.
Pros and cons(6 for and 3 against, each tied to a figure on this page)
- Round turn 3.1 USD on the raw + commission basis, under the India median 7
- Min deposit 1 USD, under the India median 15
- Withdrawal in 0.5 h, one of 74 of 90 brokers here that publish a time
- Swap-free account available
- Round-turn cost 100 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, Smart Invest app
- No India authorisation on file: the entity that onboards you is licensed elsewhere
- A regulator warning is on file against this broker
- Reviews 0 of 100, its weakest of 6 scored axes
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 4IN
- Min deposit, USD
- 10 groupIN
- Leverage
- 2000IN
- Rank in this country
- #48
- Round turn, USD
- 3.5IN
- Min deposit, USD
- 5IN
- Leverage
- 1000IN
- Rank in this country
- #31
- Round turn, USD
- 3IN
- Min deposit, USD
- 1 groupIN
- Leverage
- 500IN
- Rank in this country
- #33
- Round turn, USD
- 3IN
- Min deposit, USD
- 50IN
- Leverage
- 500IN
- Rank in this country
- #9
- Round turn, USD
- 3IN
- Min deposit, USD
- 1 groupIN
- Leverage
- unlimited group
- Rank in this country
- #35
- Round turn, USD
- 6IN
- Min deposit, USD
- 50IN
- Leverage
- 500IN
- Rank in this country
- #27
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a India score. Full methodology
| Axis | Weight | What is measured | Weltrade |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 0 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 100 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 100 |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Weltrade accept residents of India?
- No. Unregulated in India; offshore FX to non-INR pairs breaches FEMA/RBI rules. Specific RBI Alert-List entry not verified at review. Onboarding entity: Weltrade Ltd
- Is Weltrade licensed to serve clients in India?
- No SEBI/RBI licence; offshore IBC only. Checked on 09.07.2026.
- How much does one round turn cost at Weltrade?
- About 3.1 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
- What leverage does Weltrade offer to retail clients in India?
- Up to 1:2000. Up to 1:2000 standard; 1:10000 SyntX.
- Which trading platforms does Weltrade support?
- MT4, MT5, Smart Invest app. Instruments: FX 40+ pairs, metals, energies, indices, stocks, crypto, synthetic indices.
- How can I withdraw money from Weltrade in India?
- INR/UPI local rails not verified for Weltrade; cards, Skrill, Neteller, crypto.
- What account types does Weltrade offer?
- Micro/Cent ($1), Pro ($10), Premium ($25), SyntX.
- Does Weltrade offer a swap-free (Islamic) account?
- Yes. Weltrade offers a swap-free (Islamic) account to India residents.
Cost calculator (median of 65 priced of 90)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a INR conversion because the exchange rate is not part of our data.