Welta Pro Review: Read It and Save Your Hard-Earned Money
Sometimes scammers go above and beyond to hide their true identities and sometimes you get brokers like Welta pro. We were on to them from the moment we saw them and we proved it after thorough research.
We put this Welta pro review for your convenience so that you can have all the information in one place. Please, read it before you make a mistake investing with this scammer.
|Broker name||Reliable Broker Must Have|
|Legal name:||N/A||Transparently displayed in the disclaimer or legal documents|
|Regulation:||Unregulated||Within your legal jurisdiction – local regulator|
|Registered in:||N/A||Your country or the country whose license applies in your legal jurisdiction|
|Established:||2023||The older the domain – the higher the possibility the company is trustworthy|
|Website:||welta.pro||Domain should be from local or international zones, no .xyz, etc.|
|Financial Authorities Warnings:||No||None|
|Contacts:||Email: [email protected]
|Phone, email, social media, web form|
|Is withdrawal possible:||No||Yes|
|Fees:||Hidden fees||Transparent fees – list of spread and commissions|
|If Active on Social Media:||No||Often present on social media|
|Investor Protection:||No||Compensation fund|
You could see the Welta pro scam from an airplane. This broker is completely anonymous, which is the first sign of a lot of scams. Their website gives you a false sense of security with its shiny design, but in reality, it lacks all the important information.
We could not find who owns Welta pro, where their headquarters are, and, most importantly, if they have a trading license. We searched all the Tier-1 regulators and their registers but to no avail. Therefore, we can say that Welta pro is 100% a scam and it is best to avoid them at all costs!
Unlike Welta pro, SureInvest, and Surefxway, legitimate brokers will have licenses from reliable brokers that guarantee fund safety. For the German-speaking region, those include German BaFin and Austrian FMA. Since Welta pro does not have those or any other trusted license, we highly recommend you stay away from it.
Welta pro Profile
The red flags keep mounting as you begin to analyze the Welta pro trading environment. Firstly, they provide a plain WebTrader as a trading platform. Although they try their best to sell it as useful software, every trader knows that WebTraders are far inferior to MT4/5 and pose a high risk of manipulation.
The accounts section is where things get even worse. Welta pro has four available options:
- Standard – $10,000
- Silver – $25,000
- Gold – $50,000
- VIP – $100,000
We are not sure how they think anyone will invest with them with this high of a minimum deposit. Furthermore, extreme minimum deposit requirements are a strong indicator of a scam. The broker wants to get as much money from you in one investment and then disappear because it is highly likely you would see through the scam almost immediately after making the first deposit.
The rest of the offer is abysmal as well, with no demo account, no mobile or PC version of the trading software, and high leverage. All in all, it is a hard pass for us.
|Account types:||Standard – $10,000
Silver – $25,000
Gold – $50,000
VIP – $100,000
|Financial Instruments On Offer:||Currency (USD, EUR, GBP, etc.)
Crypto (Bitcoin, Ethereum, USDT, etc.)
Indices (US100, UK100, etc.)
Stocks (Apple, Meta, Tesla, etc.)
Commodities (gas, oil, sugar, etc.)
|Education or Extra tools:||No|
Is This Broker Safe?
No, Welta pro is not safe at all. They are completely anonymous, meaning you cannot track where they are, and within what regulatory framework they operate. This, coupled with a high minimum deposit and no other benefits, make this broker extremely dangerous and not worth your energy or money.
However, we can help you find a good broker you can trust with your hard-earned cash. Simply contact us and we will work together with you to analyze your situation and recommend the perfect broker accordingly.
Trader Reviews – Sharing Experiences
Much like with the Fxtrade Platform, we could not find any user reviews online for Welta pro. This is always bad because we cannot know the perspective of real traders, but there is a silver lining here after all.
Since there are no reviews, the chances are all traders saw through the Welta pro Scam before investing a dime. In this situation, they would not have any experience to share, confirming everyone’s thoughts about this scammer.
How Does the Welta pro Platform Reach Clients and Who Are They?
Sadly, as Welta pro is an anonymous broker, we cannot verify where they operate and who they target. However, since they are obvious scammers, we would assume they target underdeveloped countries, where people are not that educated on Forex, and thus easily scammed.
Here are some red flags you should watch out for:
- A broker randomly reaches out to you, making you an offer of a lifetime
- Honey trap schemes, where people contact you over social media looking to start a romantic relationship
- Brokers asking you to install apps like TeamViewer, AnyDesk, or similar remote desktop software
- Brokers pushing you to invest more and more money as soon as you can
Deposits and Withdrawal Methods
The deposit situation at Welta pro is nothing to write home about. You have your usual suite of payment methods, including:
- Wire transfer
However, we did not manage to confirm this since there was no deposit and withdrawal menu. We gathered this information from the bottom of their website where the logos for these methods were displayed. The broker did not state the fees associated with deposits and withdrawals either, and there is no info on trading volume requirements or processing times.
Reasons To Avoid This Company
There are plenty of reasons to avoid Welta pro, none bigger than its anonymity and lack of regulation. You would not trust a doctor without a license, so why trust a broker in the same circumstances? These two factors make Welta pro extremely dangerous and you should not approach them in any capacity.
Our Safe Trading Experts’ Opinion of Welta pro
Coming to the end of our Welta pro Review, you saw how easy it is to uncover certain scammers. This one does not offer even the basic information, which is the only reason you need to pass on them.
But you should not give up on trading because of scammers like Welta pro. There are many legitimate brokers on the market waiting to help you achieve your trading goals. Contact us today for free advice on how to find them and what you should look for.
Is Welta pro a scam?
Yes, Welta pro is undeniably a scam. They are completely anonymous and have no license, making them a dangerous broker.
How do I start Forex trading?
The first step is to familiarize yourself with Forex. Read on the subject, watch educational videos, and study the markets. Next, you want to find a reliable broker, and we can assist you there. We will consult with you and make sure you make the right choice, all free of charge.
How can you help me choose the best Forex or crypto broker?
The best thing we do for you is personalize the offer. We analyze your needs and skills and then make our suggestions based on that.