A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 8 | 35% |
| Company age | 22 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 100 | 12% |
| Offshore registration | 10 | 8% |
| Transparency (site/info/social) | 25 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| CYSEC | Derivatives Trading License (MM) | 453/25 | Cyprus | Regulated |
| ASIC | Inst Market Making (MM) | 544624 | Australia | Regulated |
| FSA | Derivatives Trading License (EP) | SD196 | Seychelles | Offshore Regulation |
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| Islamic Account | 1:2000 | $100 | As low as 0 | -- | ✓ |
| ECN ACCOUNT | 1:2000 | 1000 | EURUSD from 0 | 7USD | ✓ |
| Standard ACCOUNT | 1:2000 | 10 | EURUSD from 1.0 | -- | ✓ |
| STP ACCOUNT | 1:2000 | 10 | EURUSD from 1.8 | -- | ✓ |
Across 12 recent Trustpilot reviews, 58% are 1–2 star. The single most common complaint is being unable to withdraw funds (5 reports) — the classic warning sign in forex.
0WeTrade is a forex and CFD broker based in Australia, with records dating to 2017-09-12. It reports oversight from ASIC, CYSEC, FSA.
FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.
Overview compiled by FXCanary from regulatory records and public data. full WeTrade review