Abstract: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. Demo accounts are available and the minimum deposit requirement to open a live account is $50.
UTrada | Infomation |
Regulatory Status | LFSA |
Tradable Assets | 2100+,Forex CFDs, Commodities CFDs, Energies CFDs, Indices CFDs, Shares CFDs, Crypto CFDs |
Spreads | From 0.0 pips |
Minimum Deposit | $50 |
Leverage | 1:500 |
Demo Account | ✅ |
Funding Fees | From 0% |
Micro Lot Trading | Available |
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.
UTrada currently operates under the Labuan Financial Services Authority (LFSA), holding a Straight Through Processing (STP) (No.MB/19/0042).
Pros | Cons |
Regulated by LFSA | No info on payment methods |
Wide range of market offerings | - |
Demo accounts available | - |
MT4 supported | - |
Low minimum deposit | - |
What Can You Trade with UTrada | Assets |
Forex CFDs | ✅ |
Commodities CFDs | ✅ |
Energies CFDs | ✅ |
Indices CFDs | ✅ |
Shares CFDs | ✅ |
Crypto CFDs | ✅ |
Account Types | Ultra | Premium | Standard |
From (Pips) | 0.0 | 1.2 | 1.8 |
Commissions (per lot) | USD 7 | USD 0 | USD 0 |
Min Deposit (USD) | 100 | 50 | 50 |
Min Lot Size | 0.01 Lot | 0.01 Lot | 0.01 Lot |
Max Leverage | 1 : 500 | 1 : 500 | 1 : 500 |
Execution Type | ECN | STP | STP |
Funding Fee | Waived | Waived | Waived |
Withdrawal Fee (From) | From $0 | From $0 | From $0 |
Stop Out Level | 50% | 50% | 50% |
Server Location | London LD4 | London LD4 | London LD4 |
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 Type | Point Spread (Pips) | Commissions (per lot) |
Ultra | 0.0 | USD 7 |
Premium | 1.2 | USD 0 |
Standard | 1.8 | USD 0 |
Trading Platform | Features | Status |
MetaTrader 4 | Enhance trading experience. Trusted by many traders for MT4 trading. | Available |
MetaTrader 5 | Supports automated trading, provides signals across sectors, enables personalized strategies & portfolio management. | Coming Soon |
UT APP | Offers complete trading experience with diverse features for all traders. | Coming Soon |
The information about deposits and withdrawals is not clearly displayed on the official website.