Weltex Review – Important Questions to Ask about the Broker

Weltex Review

It is true that the financial markets are highly profitable and you can make substantial returns, but you should bear in mind that your online trading experience also depends heavily on the broker you choose. Yes, thousands of platforms can be found these days, but this also comes with risks as there is a possibility that you may choose one that’s not a good fit for you. Doing your due diligence can come in handy in such situations, which will bring you to this Weltex review, as this is one of the companies you will come across.

Despite being relatively new in the market, Weltex is enjoying a lot of popularity and this will certainly draw your attention towards this forex and CFD broker. However, it is best to ask some important questions about it in order to ensure you are making the right decision. What questions should you ask? You can take a look below:

What instruments can you trade? 

The first thing to know about any broker is their trading instruments and this also applies here. You should know what instruments Weltex offers because it will determine your profitability. There are more than 100 instruments that they have added to their offerings and they belong to some of the biggest financial markets in the world. You can trade the top foreign currency pairs, invest in some of the biggest companies in the stock market, choose from lucrative indices or balance your portfolio with stable commodities. This helps you diversify and reduce trading risks, while giving your profits a boost.

How can you trade these instruments?

Once you know what instruments are provided, you should ask about how they can be traded, which means checking the trading platform provided. You will find a web trading platform available at Weltex that has been developed to provide a powerful and flexible trading experience. This feature-rich platform boasts a user-friendly interface, which makes it easy to use for anyone. Its innovative technology ensures quick trade execution and web-based nature eliminates downloading and installation. There are top-notch trading tools also available for enhancing functionality.

Is there any security? 

One of the major concerns of most online traders is security because cybercriminals are very active. A look at Weltex indicates that they have been very thorough in this regard because their security measures are quite extensive and efficient. They have used 256-bit SSL (Secure Socket Layer) technology and encryption for protecting all sensitive information from any prying eyes. All client funds are kept in segregated accounts that are maintained with leading financial institutions for preventing misappropriation.

Most importantly, you will also find that Weltex is compliant with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) policies, which require traders to provide proof of identity and residence for minimizing financial fraud, identity theft and money laundering. 

What account options are available? 

You will be required to open an account with the broker for trading, which means looking at their account options to see if there is a suitable option for you. Five account options are provided at Weltex that are designed to accommodate traders from different backgrounds. Novices, beginners, intermediate traders and professionals will all find an option in accordance with their risk tolerance and budget. 

The account options at Weltex are Standard, Silver, Gold, VIP and Pro and the minimum deposit requirements are $10,000, $50,000, $250,000 and $1,000,000, respectively. Every account comes with basic features like daily news, trading academy and account manager, but others are specific to accounts, such as VIP advisor, invitation to VIP events, wealth manager and analyst sessions. The leverage offered in every account is also different, as it starts from 1:200 and goes as high as 1:400, depending on the account you choose. The same is applicable to margin loan, which begins at 25% and goes to 100%. 

Bottom Line 

Add in premium trading conditions, a quick registration process and 24/5 customer support and Weltex can be an ideal trading solution for everyone. 

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