Home -
UTrada -

Score

2.26 /10
Danger

UTrada

Malaysia

5-10 years

Regulated in Malaysia

Straight Through Processing (STP)

MT4 Full License

Regional Brokers

High potential risk

https://www.utrada.com

Influence

D

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index3.92

Business Index7.23

Risk Management Index0.00

Software Index8.81

License Index0.00

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

UTrada Limited

Company Abbreviation

UTrada

Platform registered country and region

Malaysia

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-04-30
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

UTrada

Hong Kong

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

pls be alert to this broker house

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.

FX3695831824
2025-04-16 13:11
UTrada · Company summary
UTradaInfomation
Regulatory StatusLFSA
Tradable Assets2100+，Forex CFDs, Commodities CFDs, Energies CFDs, Indices CFDs, Shares CFDs, Crypto CFDs
SpreadsFrom 0.0 pips
Minimum Deposit$50
Leverage1:500
Demo Account✅
Funding FeesFrom 0%
Micro Lot TradingAvailable

UTrada 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.

UTrada Information

Regulatory Status

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

Regulatory Status

Pros and Cons

ProsCons
Regulated by LFSANo info on payment methods
Wide range of market offerings-
Demo accounts available-
MT4 supported-
Low minimum deposit-

Tradable Assets

What Can You Trade with UTradaAssets
Forex CFDs✅
Commodities CFDs✅
Energies CFDs✅
Indices CFDs✅
Shares CFDs✅
Crypto CFDs✅
Tradable Assets

Account Types

Account TypesUltraPremiumStandard
From (Pips)0.01.21.8
Commissions (per lot)USD 7USD 0USD 0
Min Deposit (USD)1005050
Min Lot Size0.01 Lot0.01 Lot0.01 Lot
Max Leverage1 : 5001 : 5001 : 500
Execution TypeECNSTPSTP
Funding FeeWaivedWaivedWaived
Withdrawal Fee (From)From $0From $0From $0
Stop Out Level50%50%50%
Server LocationLondon LD4London LD4London LD4
Account Types

Spreads 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 7
Premium1.2USD 0
Standard1.8USD 0

Trading Platforms

Trading PlatformFeaturesStatus
MetaTrader 4Enhance trading experience. Trusted by many traders for MT4 trading.Available
MetaTrader 5Supports automated trading, provides signals across sectors, enables personalized strategies & portfolio management.Coming Soon
UT APPOffers complete trading experience with diverse features for all traders.Coming Soon
Trading Platforms
Trading Platforms
Trading Platforms

Deposit & Withdrawal

The information about deposits and withdrawals is not clearly displayed on the official website.

User Reviews

More

User comment

7

Comments

Write a review

Isla Brown
more than one year
User-friendly platform with great charting tools.
User-friendly platform with great charting tools.
Translate to English
2024-07-22 14:47
Reply
0
0
Danni Andrian
more than one year
I'm satisfied with this broker, fast process for withdrawal and deposit via crypto method
I'm satisfied with this broker, fast process for withdrawal and deposit via crypto method
Translate to English
2023-12-18 11:30
Reply
0
0
1