Compare Weltrade vs FXGiants
What is Weltrade? What is FXGiants?
Weltrade is an online trading platform that offers forex and CFD trading services to clients from over 20 regions. Weltrade claims to have 16+ years of experience in the forex market, 60K+ satisfied traders, and 24/7 full support service for clients. Weltrade is regulated by the LFSA in Malaysia.
FXGiants is an online trading platform that offers forex and CFD trading services to clients from various countries. FXGiants claims to have state-of-the art order execution, competitive spreads, and round-the-clock service and support. FXGiants is regulated by the FCA in the UK and the FSA in St. Vincent and the Grenadines.
Weltrade vs FXGiants Regulation Comparison
Weltrade is regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, which is a relatively new and less reputable regulator in the forex industry. Weltrade does not have any other licenses from more established regulators such as the FCA, CySEC, ASIC, or NFA.
FXGiants is regulated by the Financial Conduct Authority (FCA) in the UK, which is one of the most respected and strict regulators in the forex industry. The FCA imposes high standards of security, transparency, and investor protection on its regulated brokers. FXGiants also has a license from the Financial Services Authority (FSA) in St. Vincent and the Grenadines, which is a less reputable offshore regulator.
Weltrade vs FXGiants Trading Assets Comparison
Weltrade offers over 50 trading instruments, including forex, metals, oil, indices, and cryptocurrencies. Weltrade allows trading on major, minor, and exotic currency pairs, as well as gold, silver, platinum, palladium, Brent oil, WTI oil, natural gas, and Bitcoin.
FXGiants offers over 200 trading instruments, including forex, metals, indices, commodities, futures, and shares. FXGiants allows trading on major, minor, and exotic currency pairs, as well as gold, silver, copper, platinum, palladium, iron ore, US oil, UK oil, natural gas, coffee, sugar, wheat, corn, soybean, cotton, cocoa, orange juice, and a variety of global stocks.
Weltrade vs FXGiants Trading Fees Comparison
Weltrade charges variable spreads on its STP/ECN accounts and fixed spreads on its live accounts. The spreads depend on the account type and the market conditions. Weltrade does not charge any commissions on its STP/ECN No Commission and Live accounts, but charges $9 per lot per side on its STP/ECN Zero Spread account and $6 per lot per side on its Live Zero Fixed Spread account.
FXGiants charges variable spreads on its ECN accounts and fixed spreads on its STP accounts. The spreads depend on the account type and the market conditions. FXGiants does not charge any commissions on its STP accounts, but charges $13 per lot per side on its ECN account.
Weltrade vs FXGiants Account Types Comparison
Weltrade offers six account types: STP/ECN Absolute Zero, STP/ECN Zero Spread, STP/ECN No Commission, Live Zero Fixed Spread, Live Fixed Spread, and Live Floating Spread. The minimum deposit requirement ranges from $25 to $500 depending on the account type. The maximum leverage is 1:1000 for all accounts except for the Live Zero Fixed Spread account which has a maximum leverage of 1:200.
FXGiants offers three account types: ECN, VIP, and STP. The minimum deposit requirement ranges from $100 to $2500 depending on the account type. The maximum leverage is 1:1000 for all accounts except for the VIP account which has a maximum leverage of 1:200.
Weltrade vs FXGiants Deposit Options Comparison
Weltrade supports various deposit and withdrawal methods such as bank wire transfer, credit/debit card, Skrill, Neteller, Perfect Money, WebMoney, FasaPay, Bitcoin, and local bank transfers in some countries. Weltrade claims to process deposits and withdrawals within 30 minutes.
FXGiants supports various deposit and withdrawal methods such as bank wire transfer, credit/debit card, Skrill, Neteller, UnionPay, Dotpay, Trustly, and local bank transfers in some countries. FXGiants claims to process deposits instantly and withdrawals within one business day.
Weltrade vs FXGiants Trading Platforms Comparison
Weltrade provides the MetaTrader 4 (MT4) platform as its main trading platform. MT4 is a popular and user-friendly platform that offers advanced trading and analytical tools, as well as automated trading capabilities. Weltrade also offers a web-based platform and a mobile app for iOS and Android devices.
FXGiants provides the MetaTrader 4 (MT4) platform as its main trading platform. MT4 is a popular and user-friendly platform that offers advanced trading and analytical tools, as well as automated trading capabilities. FXGiants also offers a web-based platform, a mobile app for iOS and Android devices, a PMAM platform for money managers, and a VPS hosting service for uninterrupted trading.
Weltrade vs FXGiants Analytical Tools Comparison
Weltrade offers various analytical tools to its clients, such as market news, economic calendar, trading signals, technical analysis, trading calculators, and educational materials. Weltrade also has a loyalty program that rewards clients with points that can be exchanged for cash or prizes.
FXGiants offers various analytical tools to its clients, such as market news, economic calendar, trading signals, technical analysis, trading calculators, and educational materials. FXGiants also has a bonus program that offers clients various promotions and incentives such as deposit bonuses, no deposit bonuses, and trading contests.
Weltrade vs FXGiants. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading goals, and risk appetite. There is no definitive answer to which forex broker is better or which one you should choose, as different brokers may suit different traders.
Ultimately, the best forex broker for you depends on your personal preferences, trading goals, and risk appetite. You may want to do more research and testing before making a final decision. You can also check out some user reviews and ratings for both brokers online to get more insights from other traders’ experiences.
