NOVA MARKETS vs Weltrade
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick Weltrade leads on safety — winning 2 of 2
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
56
✓37
Verdict
Elevated
Guarded
Regulatedⓘ
No
Yes
Licenses
0
✓1
Tier-1 regulatorsⓘ
0
0
Trustpilot score
—
3.7
Reviews collected
—
1713
Exit riskⓘ lower = safer
—
Severe
Known clonesⓘ
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$50
✓$1
Max leverage
1:500
1:1000
Min spread (best acct)
✓from 0.3
from 0.5
Commission
$5
—
Cost grade
—
B
Account types
✓4
3
Best for
Suits
Traders seeking high leverage up to 1:1000, Beginners with low minimum deposits ($50), Scalpers looking for ECN execution and tight spreads
Beginners testing forex with small deposits, Traders using crypto (Binance Pay) for quick funding
Not for
Traders requiring regulated broker oversight, Investors needing compensation or dispute resolution schemes, Long-term holders concerned about swap fees (unless using Swap Free account)
Traders needing reliable withdrawals, Scalpers and high-frequency traders, Anyone trading with bonuses
Products & Funding
Instruments
--
Forex, Metals, Commodities, Stocks, Indices
Deposit methods
USDT, Neteller, Skrill, MASTER
Skrill, Neteller
Withdrawal
MASTER, Skrill, Neteller, USDT
Skrill, Neteller
Execution
Speed
—
C
Slippage
—
D
Swap cost
—
B
Company
Founded
2024-11-01
2017-12-12
Headquarters
🇱🇨 Saint Lucia
🇱🇨 Saint Lucia
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.