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They use false advertising to trick investors into depositing funds, then use all sorts of tricks to drain their principal. It's disgusting. I initially believed Weltrade's "zero slippage, low fees" rhetoric, but it was a complete scam. Slippage can be over ten points in normal market conditions, and the fees are three times higher than promised. When I contacted customer service, they simply said, "It depends on actual trading." My account was inexplicably frozen, and my funds became "dead money." The customer service was terrible, hanging up before I even finished answering my question. Later, when I complained to regulators, I discovered the platform's so-called "compliance regulations" were fake! This kind of unregulated, no-support, black market platform should be shut down!
Malaysia
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