No. Weltrade SA (PTY) Ltd does not support joint accounts or shared account access under its Terms of Service.
Are joint accounts allowed?
No. Accounts are provided exclusively to individual natural persons. Each account is registered, verified, and maintained for a single account holder only. Joint ownership of an account is not permitted.
Do both parties need verification if an account is shared?
Account sharing is strictly prohibited. Because joint accounts are not supported, verification cannot be completed for more than one person on the same account.
Each individual must:
Register separately
Complete their own identity and compliance verification
Maintain an independent account in their own name
Can I give someone else access to my account?
No. Sharing login credentials or granting access to any third-party is not allowed. This includes family members, partners, or business associates.
Such activity may result in:
Account restrictions
Suspension of services
Termination of the account in line with the Terms of Service
Why are joint accounts not supported?
As a licensed intermediary, Weltrade SA (PTY) Ltd must comply with strict AML, FICA, and client identification requirements. These rules require clear identification of a single beneficial owner per account, which is incompatible with joint or shared accounts.
Key takeaways
Weltrade SA (PTY) Ltd provides accounts on an individual basis only. Joint accounts, shared access, and third-party use are not permitted. Each person must hold and verify their own separate account to access services.