Crypto Trends

Following CySEC Approval, WeTrade Changes Domain and Launches MT5 ⋅ Crypto World Echo

WeTrade has introduced MetaTrader 5 on both desktop andmobile platforms and changed its domain. The changes follow the company’sreceipt of a regulatory license from the Cyprus Securities and ExchangeCommission.

MT5 Rollout Expands Trading Tools

The domain change from wetradebroker.com to wetrade.com tookeffect today (Friday). According to the company, the update is part of aneffort to increase visibility and improve access for users across regions.

The launch of MT5 expands WeTrade’s platform offering. Thenew system provides faster trade execution, broader asset availability, andenhanced charting functions. It operates alongside the existing MetaTrader 4 platform.

You may find it interesting at FinanceMagnates.com: Cyprus-BasedWeTrade Secures CySEC License, Eyes EU Expansion.

WeTrade Receives Securities Dealer Licence in Seychelles

Meanwhile, WeTradehas received a Securities Dealer Licence from the Financial Services Authority ofSeychelles. The firm will operate from its registered office in Mahé.

This adds to its existing regulatory approvals injurisdictions such as Cyprus, Saint Vincent and the Grenadines, Australia, andMalaysia. The Seychelles licence places WeTrade among a growing number ofoffshore brokers recently authorised by the FSA, including ICM.com, TradeNation, and Moneta Markets.

Regulatory Complexity Drives Shift to AlternativeJurisdictions

Regulations in major financial centers are becomingstricter. Some brokers and crypto firms are relocating to jurisdictions withsimpler rules.

Seychelles provides tax exemptions on foreign income, nocapital gains or dividend withholding taxes, and a legal framework for virtualasset providers. It permits full capital repatriation and multilingualincorporation.

Its time zone supports global operations. Seychelles isincreasingly used by regulated financial companies.

This article was written by Tareq Sikder at www.financemagnates.com.

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