Weltrade licence record
Is Weltrade regulated by the FSCA?
Yes, according to our records. Weltrade is matched to a licence from the Financial Sector Conduct Authority (South Africa). Confirm it on the register before relying on it.
Search the FSCA register FSCA warnings All Weltrade licences
What the FSCA licence means
According to our records, Weltrade holds a licence from the Financial Sector Conduct Authority (FSCA), the financial regulator for South Africa. We classify the FSCA as tier 2 — strong regulation. Credible regulators with real rulebooks, but fewer safeguards than tier 1 (e.g. no compensation scheme or looser leverage rules).
For Weltrade clients whose account is held by its FSCA-regulated entity, the key protections are: compensation — No compensation scheme; FAIS Ombud handles complaints; retail leverage — No statutory retail leverage cap; negative balance protection — not a regulatory requirement (may be offered contractually); client money — Client funds must be kept in separate trust/client accounts. Disputes can be taken to FAIS Ombud.
Protection at a glance
- Regulator tier
- Tier 2 — Strong regulation
- Compensation scheme
- No compensation scheme; FAIS Ombud handles complaints
- Retail leverage
- No statutory retail leverage cap
- Negative balance protection
- Not a regulatory requirement
- Client money
- Client funds must be kept in separate trust/client accounts
- Complaints
- FAIS Ombud
How to verify this licence
- Open Weltrade's client agreement or website footer and note the exact company name and FSCA licence number.
- Search that name or number on the official FSCA register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using (weltrade.com) is the one listed on the register — clone firms copy genuine licence numbers.
- Search the FSCA warnings page and IOSCO I-SCAN for the brand name.
Frequently asked questions
Is Weltrade regulated by the FSCA?
Our database records Weltrade as holding a licence from the Financial Sector Conduct Authority. Confirm the current status on the FSCA register: https://www.fsca.co.za/Fais/Search_FSP.htm
Does the FSCA licence protect all Weltrade clients?
No. It protects clients whose account is with the specific Weltrade company licensed by the FSCA. Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for Weltrade clients under the FSCA?
No compensation scheme; FAIS Ombud handles complaints
What leverage can Weltrade offer under the FSCA?
No statutory retail leverage cap