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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

WeTrade

Hong Kong Hong Kong | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.wetrade.one/#/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

India India 2.37
Surpassed 14.40% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://www.wetrade.one/#/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Hong Kong
Operating Period
2-5 years
Company Name
We Mobile Co., Ltd
Business Region
Verified Site
Relationship Map
Related Companies
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • wetrade.one
    147.139.41.254
    Server Location
    India India
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Relationship Map

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WeTrade

Related Companies

WE GLOBAL INVESTMENT CO., LIMITED(Hong Kong)
Hong Kong
WE GLOBAL INVESTMENT CO., LIMITED(Hong Kong)
Deregistered
Hong Kong
Registration No. 0868501
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

WeTrade Review Summary
Founded2021
Registered Country/RegionHong Kong
RegulationNo regulation
Market InstrumentsForex, commodities, stocks, indices
Demo Account
Leverage1:100-1:500
Spread0.7% spreads
Trading PlatformWeTrade
Minimum Deposit$2
Customer Support/
Regional RestrictionsUS

WeTrade Information

WeTrade is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:500 and 0.7% spreads on WeTrade trading platform. The minimum deposit requirement is $2.

WeTrade's homepage

Pros and Cons

Pros Cons
Low minimum deposit requirementNo regulation
No demo accounts
No MT4/MT5 platform
No contact channels
Commission fees charged

Is WeTrade Legit?

No. WeTrade currently has no valid regulations. Please be aware of the risk! It offers segregated accounts.

No license
Domain information

What Can I Trade on WeTrade?

WeTrade offers trading on forex, commodities, stocks and indices.

Tradable Instruments Supported
Forex
Commodities
Stocks
Indices
Cryptos
Bonds
Options
ETFs
What Can I Trade on WeTrade?

Leverage

WeTrade offers leverage from 1:100 to 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Leverage

WeTrade Fees

WeTrade charges 0.7% spreads and 0.2% commission fees.

WeTrade Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
WeTradeIOS, Android, desktop/
MT4/Beginners
MT5/Experienced traders
WeTrade platform

Deposit and Withdrawal

WeTrade accepts payments via credit card, e-wallet, net banking and offline payment.

The minimum deposit amount is $2, and there is no fee. The minimum withdrawal amount is $5. A 3% fee will be charged. For the first withdrawal ,it will be processed the next working day. From the second withdrawal, it will be processed in a few minutes.

Deposit and Withdrawal FAQ
Deposit and Withdrawal FAQ

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Can WeTrade be trusted by traders?

WeTrade presents a high-risk profile as an unregulated entity, lacking any recognized financial regulation. It operates without a single valid forex license and holds an exceptionally low WikiFX score of 1.43. There is no credible oversight for investor protection, fund segregation, or fair dispute resolution.

04-02
United States

What is the license number of WeTrade?

WeTrade does not possess a verifiable regulatory license number from any major financial authority. The firm operates without oversight from bodies such as the FCA, ASIC, or CySEC. The absence of a formal license means the firm is not bound by the capital adequacy, client fund segregation, or compensation scheme rules that define regulated brokerage operations.

04-02
United States

Where is WeTrade registered?

The company behind WeTrade, We Mobile Co., Ltd, is registered in Hong Kong and has been in operation for an estimated 2 to 5 years. It is important to note that a company's registration jurisdiction is distinct from financial regulation. While registered in Hong Kong, the entity does not hold a license from the Hong Kong Securities and Futures Commission (SFC), which is the requisite authority for legally offering forex trading services in that region.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Bagaimana cara menghitung skor WikiFX?

Skor WikiFX dihitung menggunakan model evaluasi multidimensi yang mencakup indeks regulasi, indeks lisensi regulasi, indeks kapasitas operasional, indeks manajemen risiko, serta indeks teknologi platform trading. Skala skor berkisar antara 0 hingga 10 poin dan diperbarui secara berkala berdasarkan perubahan regulasi dan data operasional terbaru.

Three days ago

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

Three days ago

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

Apa itu WikiFX dan bagaimana membantu investor?

WikiFX adalah platform pihak ketiga yang menyediakan layanan pencarian informasi broker forex serta peringatan risiko. Platform ini mengintegrasikan informasi regulasi, umpan balik pengguna, dan riwayat operasional broker, serta melakukan evaluasi melalui model multidimensi untuk membantu investor memahami kondisi broker secara lebih menyeluruh.

Three days ago
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com