How to Open a Weltrade Account in Malaysia
A simple step-by-step guide to registering, verifying and funding your Weltrade account as a Malaysian resident.
Open Weltrade Account →To open a Weltrade account, register with your email, verify your identity (KYC), choose an account, and fund it from a $25 minimum deposit — usually under 24 hours.
What you need to open an account
- A valid government ID and proof of address
- An email address and phone number
- A minimum deposit of $25 to start trading live
How long: Verification is usually completed within 24 hours
Eligibility: Open to traders in Malaysia who are 18+; verify the broker accepts your residency before depositing.
Step by step
- Click the ‘Open Account’ button on this page to start your registration.
- Enter your email and create a secure password.
- Complete the form with your residential details in Malaysia.
- Verify your identity (KYC) — upload a government ID and proof of address.
- Choose your account type and base currency (USD available).
- Fund your account — the minimum deposit is $25.
- Download MetaTrader 4 and start trading (or practise on the demo first).
Before you deposit
It is worth starting with a free demo account to get comfortable with the platform and test your strategy with virtual funds first.
How to open a Weltrade account — step by step
| Step | What you do | What you need |
|---|---|---|
| 1. Register | Sign up with your email and phone number and set a password | Valid email + mobile number |
| 2. Client area | Confirm your email and log in to "My Weltrade"; enable 2FA for security | Access to your inbox |
| 3. Try demo (optional) | Open a free, unlimited demo account to practise with virtual funds first | Nothing — demo is free |
| 4. Verify (KYC) | Upload a government-issued ID and a proof of address; usually approved in 24h or less | Gov ID + address document |
| 5. Choose account | Pick Cent (from $1, MT4), Premium or Pro (from $25, MT4/MT5) | Decide your account type |
| 6. Fund | Deposit to go live — from $25 (Premium/Pro) or from $1 (Cent) | Payment method |
| 7. Trade | Download MT4/MT5, log in with account number + password + Weltrade server | The server name from your client area |
Demo is optional and free; only a live account requires verification and a deposit. Trading CFDs is high-risk.
Demo vs live account — which to open first
| Demo account | Live account | |
|---|---|---|
| Cost to open | Free, unlimited | From $25 (Premium/Pro); Cent from $1 |
| Money at risk | Virtual funds only | Your real money — you can lose it |
| Verification (KYC) | Not required to start | Gov ID + proof of address, usually ≤24h |
| Platforms | MT4 / MT5 | MT4 / MT5 (Cent is MT4 only) |
| Best for | Learning the platform, testing strategies and EAs | Trading real markets once you're comfortable |
A practical path: register, practise on a free demo, verify your identity, then fund a small live account (Cent from $1) before scaling up.
What you need to open a live account
| Requirement | Detail |
|---|---|
| Age / location | 18+, Malaysia |
| Identity | Government-issued ID (passport, national ID or driving licence) |
| Address | A proof-of-address document |
| Contact | Email address and phone number |
| Minimum deposit | $25 for Premium/Pro; from $1 for Cent |
| Verification time | Usually 24 hours or less |
| Commission | $0 on all account types |
Keep your ID and address document handy before you start so verification isn't delayed. Actual accepted document types are confirmed in your client area.
Frequently asked questions
How long does Weltrade verification take?
Verification is usually completed within 24 hours
What documents do I need?
A government ID and proof of address.
What documents do I need to register?
To open and verify a live account you need a government-issued ID (passport, national ID or driving licence) and a proof of address, plus a working email and phone number. You must be 18 or older and in Malaysia. Having both documents ready before you start avoids delays.
How much do I need to deposit to start?
The minimum deposit is $25 for the Premium and Pro accounts. If you want to start smaller, the Cent account lets you fund from just $1. All account types charge $0 commission, so your deposit goes into trading, not fees.
Do I have to verify my identity to open a demo?
No. A free, unlimited demo account uses virtual money and doesn't require verification — you can open one right after you register and start practising immediately. KYC (ID + proof of address) is only needed when you want to fund and trade a live account.
Which account should I choose when I register?
If you're new or want to trade very small, choose Cent (from $1, MT4 only) to get real-market experience with minimal risk. If you want tighter spreads and MT4 or MT5, pick Premium (from $25, spreads from 1.5) or Pro (from $25, spreads from 0.5). All have $0 commission and leverage up to 1:1000. Remember that trading CFDs carries a high risk of losing money.
I registered but can't log in to MetaTrader — what's wrong?
Registering on the website gives you the client area ("My Weltrade"), but the trading terminal needs different credentials: your trading account number, your account password, and the Weltrade server name — all shown in your client area. Make sure you select the correct Weltrade server in MT4/MT5. If you've forgotten your password, use the one-step reset in your client area. Note that the client-area session times out after 15 minutes of inactivity.