Score

7.52 /10
Good

UTRADE

Hong Kong

Above 20 years

Regulated in Hong Kong

Dealing in futures contracts

Suspicious Overrun

Medium potential risk

B

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Score

Regulatory Index7.27

Business Index9.12

Risk Management Index8.22

Software Index6.54

License Index7.29

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

UOB Kay Hian (Hong Kong) Ltd

Company Abbreviation

UTRADE

Platform registered country and region

Hong Kong

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2025-06-29
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: AAW261)SFC-Dealing in securities Non-Forex License. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

UTRADE · Company summary
UTRADE Review Summary
Founded1996
Registered Country/RegionHong Kong
RegulationRegulated by SFC (Hong Kong)
Market InstrumentsEquities, ETFs, REITs, Options, Futures, CBBC, Bonds, Warrants
Demo Account
Trading PlatformWebTrader, UTRADE Mobile App
Customer SupportOnline Chat, Contact Form
Email: clientservices@uobkayhian.com.hk
Tel: +852 2136 1818
Address: 6/F Harcourt House, 39 Gloucester Road, Hong Kong

UTRADE Information

UTRADE is a Hong Kong-based broker founded in 2014, regulated by SFC. It offers a diverse range of market instruments, for instance: Equities, ETFs, REITs, Options, Futures, CBBC, Bonds, and Warrants.

UTRADE Information

Pros and Cons

Pros Cons
Regulated by SFCLimited info on trading conditions
Multiple contact channelsNo demo accounts
Live chat supported
Various trading istruments
Long operation time

Is UTRADE Legit?

UTRADE is partially legitimate. It is regulated by SFC (Hong Kong) under UOB Kay Hian Futures (Hong Kong) Limited, with license number AHY424.

Regulatory StatusRegulated ByLicensed InstitutionLicense TypeLicense Number
RegulatedSFC (Hong Kong)UOB Kay Hian Futures (Hong Kong) LimitedDealing in futures contractsAHY424
UTRADE license

WikiFX Field Survey

WikiFX field survey team visited UTRADE's address is Hong Kong, and we found its office on site, which means the company operates with a physical office.

WikiFX Field Survey

What Can I Trade on UTRADE?

Trading InstrumentsSupported
Equities
ETFs
REITs
Options
Futures
CBBC
Bonds
Warrants
Forex
Commodities
Indices
Stocks
Cryptocurrencies
UTRADE products
UTRADE Products

Trading Platform

Trading PlatformSupported Available Devices
WebTraderWeb (browser-based)
UTRADE Mobile AppWindows, macOS, iOS, Android
Trading Platform

User Reviews

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User comment

5

Comments

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骨灰盒
6-12months
我在 UTRADE 平台上的交易体验非常棒!首先,平台界面简洁易懂,操作非常直观,无论是股票交易还是基金投资,都能快速上手。实时的市场数据和强大的分析工具让我能够做出明智的决策,尤其是在波动较大的市场环境下,非常有帮助。移动应用也很方便,无论身处何地,都能随时查看投资组合和进行交易,效率极高。UTRADE 的客户服务也很值得称赞,响应迅速且专业,总能为我解答疑问。整体来说,UTRADE 是一个非常值得信赖的平台,推荐给所有投资者!
我在 UTRADE 平台上的交易体验非常棒!首先,平台界面简洁易懂,操作非常直观,无论是股票交易还是基金投资,都能快速上手。实时的市场数据和强大的分析工具让我能够做出明智的决策,尤其是在波动较大的市场环境下,非常有帮助。移动应用也很方便,无论身处何地,都能随时查看投资组合和进行交易,效率极高。UTRADE 的客户服务也很值得称赞,响应迅速且专业,总能为我解答疑问。整体来说,UTRADE 是一个非常值得信赖的平台,推荐给所有投资者!
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2025-02-25 18:08
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zq2440
more than one year
Completely useless customer service. I've been trying to transfer some stocks from other brokers to my account. The forms have to be filled out three times. I've explained it multiple times. Another broker insists they've never received the transfer requests. UTRADE claims they have. Other brokers are more than willing to provide contact emails and phone numbers to directly speak with someone at UTRADE, but UTRADE isn't interested and hasn't replied to my messages in a week. No assistance. No accountability. Doesn't seem to care. It's been over a month now.
Completely useless customer service. I've been trying to transfer some stocks from other brokers to my account. The forms have to be filled out three times. I've explained it multiple times. Another broker insists they've never received the transfer requests. UTRADE claims they have. Other brokers are more than willing to provide contact emails and phone numbers to directly speak with someone at UTRADE, but UTRADE isn't interested and hasn't replied to my messages in a week. No assistance. No accountability. Doesn't seem to care. It's been over a month now.
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2024-03-27 10:26
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