Company profile
UTradaInfomationRegulatory StatusLFSATradable Assets2100+,Forex CFDs, Commodities CFDs, Energies CFDs, Indices CFDs, Shares CFDs, Crypto CFDsSpreadsFrom 0.0 pipsMinimum Deposit$50Leverage1:500Demo Account✅Funding FeesFrom 0%Micro Lot TradingAvailableUTrada Information Founded in 2018, UTrada is a forex broker registered in Hong Kong, China, offering more than 2100 market products, such as FX, commodities, indices, energy, shares, and cryptocurrencies, with leverage up to 1:500 and variable spreads from 0 pips via the MT4 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $50.Regulatory Status UTrada currently operates under the Labuan Financial Services Authority (LFSA), holding a Straight Through Processing (STP) (No.MB/19/0042).Pros and ConsProsConsRegulated by LFSANo info on payment methodsWide range of market offerings-Demo accounts available-MT4 supported-Low minimum deposit-Tradable AssetsWhat Can You Trade with UTradaAssetsForex CFDs✅Commodities CFDs✅Energies CFDs✅Indices CFDs✅Shares CFDs✅Crypto CFDs✅Account TypesAccount TypesUltraPremiumStandardFrom (Pips)0.01.21.8Commissions (per lot)USD 7USD 0USD 0Min Deposit (USD)1005050Min Lot Size0.01 Lot0.01 Lot0.01 LotMax Leverage1 : 5001 : 5001 : 500Execution TypeECNSTPSTPFunding FeeWaivedWaivedWaivedWithdrawal Fee (From)From $0From $0From $0Stop Out Level50%50%50%Server LocationLondon LD4London LD4London LD4Spreads and Commissions UTrada offers various account types. The Ultra account has a spread of 0.0 pips but a commission of USD 7 per lot, while the Premium and Standard accounts have spreads of 1.2 and 1.8 pips respectively, with no commission per lot.Account TypePoint Spread (Pips)Commissions (per lot)Ultra0.0USD 7Premium1.2USD 0Standard1.8USD 0Trading PlatformsTrading PlatformFeaturesStatusMetaTrader 4Enhance trading experience. Trusted by many traders for MT4 trading.AvailableMetaTrader 5Supports automated trading, provides signals across sectors, enables personalized strategies & portfolio management.Coming SoonUT APPOffers complete trading experience with diverse features for all traders.Coming SoonDeposit & Withdrawal The information about deposits and withdrawals is not clearly displayed on the official website.
FX3695831824
Malaysia
This is the first time I have encountered such a company. The internal statements are different. One moment they say your order is strange and they won’t pay you. The other moment they say your principal can be used to make a profit and you can continue to trade. Your MT4 account is blocked without any evidence. I don’t recommend you to use it. Everything is up to you. There is no system or rules at all.
Exposure
04-16