Global Broker Regulation Inquiry App
WikiFX
Rojas 
1-2 years
What are the pros and cons of WeTrade?
Broker Issues
Regulation
06-09
United States
WikiFX
Reply
In my view, the pros of WeTrade include the very low minimum deposit requirement of just $2, and it offers trading in a variety of instruments like forex, commodities, stocks, and indices. However, the cons include its unregulated status, no demo accounts, no support for MT4/MT5, and commission fees. As a trader, these are significant drawbacks for me.
