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The Weltrade company had increased the spread for Gold, almost 1600 % from what it usually was and my account could not withstand. Moreover, Systemgates Ltd aka Weltrade is changing its registration every single year, from one offshore country to another. In 2016 it was Vanuatu, in 2017 it was Belize and in 2018 it is Saint Vincent and the Grenadines. I found out that Systemgates Ltd has no licence whatsoever to engage in forex trading since the Financial Services Authority does not issue a licence to a company engaging in forex. I have lost 56 000 USD and trying to get them back since 6 April 2018. The company refused to return the money after I lodged my complaint with it more than 10 times. Systemgates (Weltrade) can only be contacted via email at info@weltrade.com or web-chat, and they keep saying that I had to read Client Agreement. Nevertheless, having no licence makes the Client Agreement void and illegal. I tried to contact IFSC of Belize, FSA and Financial Intelligence Unit of St.Vincent and the Grenadines, my local police and courts, but unsuccessfully. I really need help from all of you guys.