WeTrade has introduced MetaTrader 5 on both desktop and mobile platforms and changed its domain. The changes follow the company’s receipt of a regulatory license from the Cyprus Securities and Exchange Commission.

MT5 Rollout Expands Trading Tools

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

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

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

WeTrade Receives Securities Dealer Licence in Seychelles

Meanwhile, WeTrade has received a Securities Dealer Licence from the Financial Services Authority of Seychelles. The firm will operate from its registered office in Mahé.

This adds to its existing regulatory approvals in jurisdictions such as Cyprus, Saint Vincent and the Grenadines, Australia, and Malaysia. The Seychelles licence places WeTrade among a growing number of offshore brokers recently authorised by the FSA, including ICM.com, Trade Nation, and Moneta Markets.

Regulatory Complexity Drives Shift to Alternative Jurisdictions

Regulations in major financial centers are becoming stricter. Some brokers and crypto firms are relocating to jurisdictions with simpler rules.

Seychelles provides tax exemptions on foreign income, no capital gains or dividend withholding taxes, and a legal framework for virtual asset providers. It permits full capital repatriation and multilingual incorporation.

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