Weltrade Regulation Status
Weltrade is not authorized by the SPK in Türkiye. Only SPK-authorized intermediaries may legally offer forex in Türkiye; investor protection on unauthorized platforms is limited.
Licenses & Regulators
License Verification Table
| Regulator | Country | License Type | License No. | Status |
|---|---|---|---|---|
| SVG | Unspecified | IBC kaydı (forex lisansı değil) | Not disclosed | No License |
What do these licenses cover?
SVG (Unspecified) — SVG is one of the authorities forex brokers hold licenses from. In Türkiye, only SPK authorization provides legal protection.
Tier-1 regulators — FCA, CySEC, ASIC, BaFin, CFTC — impose strict obligations such as capital adequacy, segregation of client funds and compensation schemes. Offshore licenses do not provide these protections to the same degree.
What does this mean in Türkiye?
Weltrade is not authorized by the SPK in Türkiye. Only SPK-authorized intermediaries may legally offer forex in Türkiye; investor protection on unauthorized platforms is limited. You can check whether a firm is authorized in Türkiye from the SPK’s published list of authorized intermediaries.
list of unauthorized forex firms · FX Trust Score methodology
Risk Flags
- SPK tarafından yetkilendirilmemiştir
- SVG kaydı forex lisansı değildir
- Yurt dışı düzenleyici uyarısına konu olmuştur
Regulation FAQ
No. Weltrade is not on the SPK’s list of authorized intermediaries. In Türkiye, forex intermediation may only be offered by SPK-authorized firms.
No. Foreign licenses are governed by the law of the issuing country; SPK supervision and YTM compensation do not apply to an investor resident in Türkiye.
Check the claim in the regulator’s official register rather than on the broker’s own website. Search by the legal entity name that holds the license, not the brand name.