uTrada

uTrada | 2024-11-29 12:18

摘要：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, MT5, and UT App platform. Demo accounts are available and the minimum deposit requirement to open a live account is $50.

uTradaReview Summary
Founded	2018
Registered Country/Region	Hong Kong, China
Regulation	LFSA
Market Instruments	2,100+, Forex, Commodities, Indices, Shares, Energies, Cryptocurrencies
Demo Account	✅
Leverage	Up to 1:500
Spread	1.8 pips (Standard account)
Trading Platform	MT4, MT5, UT App
Copy Trading	✅
Min Deposit	$50
Customer Support	Live chat, contact form
	Tel: +60 87 428898
	Email: support@utrada.com, contact@utrada.com
	Social Media: Discord, Twitter, Facebook, Instagram, Linkedin, YouTube
Regional Restrictions	Afghanistan, Belarus, Central Africa Republic, Cuba, Democratic Republic of Congo (DRC), Ethiopia, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Somalia, Sudan, South Sudan, Syria, Russia, Ukraine, United States, Venezuela, Yemen and Zimbabwe

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, MT5, and UT App platform. Demo accounts are available and the minimum deposit requirement to open a live account is $50.

Pros and Cons

Pros	Cons
Regulated by LFSA	Regional restriction
Wide range of market offerings	No info on payment methods
Demo accounts available
MT4 and MT5 supported
Low minimum deposit
No deposit/withdrawal fees
Multiple contact channels

Is uTrada Legit?

No, uTrada currently operates under the Labuan Financial Services Authority (LFSA), holding a Straight Through Processing (STP) (No.MB/19/0042).

Regulated Country	Regulated Authority	Current Status	Regulated Entity	License Type	License Number
	Labuan Financial Services Authority (LFSA)	Regulated	uTrada Limited	Straight Through Processing (STP)	MB/19/0042

What Can I Trade on uTrada?

uTrada asserts to provide more than 2100 tradable products including forex, commodities, indices, energies, shares, and cryptocurrencies.

Trading Asset	Available
forex	✔
commodities	✔
indices	✔
shares	✔
energies	✔
cryptocurrencies	✔
bonds	❌
options	❌
ETFs	❌

Account Type

For consumers who wish to try its platform without having to risk any money, uTrada provides a free demo account.

Besides, uTrada provides three different live trading account kinds with distinct features: Ultra, Premium, and Standard.

Account Type	Ultra	Premium	Standard
Execution Type	ECN	STP	STP
Min Deposit	USD 100	USD 50	USD 50

Leverage

uTrada offers leverage up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Fees

Account Type	Ultra	Premium	Standard
Spread	0.0 pips	1.2 pips	1.8 pips
Commission (per lot)	USD 7	USD 0	USD 0

Trading Platform

uTrada offers top-ranked MT4 and MT5platforms. In addition, uTrada also offers an incoming application called UT App which is available to download on both Apple Store and Google Play.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Mobile, Web	Beginners
MT5	✔	Desktop, Mobile, Web	Experienced traders
UT App	✔	Mobile	/