User Reviews List of UTrada - WikiFX

All(8)

Positive(4)

Neutral(3)

Exposure(1)

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.

Reply from official UTrada

Dear FX3695831824, Thank you for your feedback. UTrada always strictly adheres to compliance procedures and has established clear rules and monitoring mechanisms to protect the interests of all clients. After a comprehensive review, your account was terminated due to violations of trading policies, which is in accordance with the relevant terms of the Client Agreement. UTrada is committed to integrity, transparency, and excellent service. If you wish to discuss this matter further, please feel free to contact us directly.

I’ve been trading with UTrada for a while now, and I’m quite satisfied. The platform runs smoothly, order execution is fast, deposits and withdrawals are easy, and the support team is very responsive. I’ve tried a few other brokers before, but their platforms were often slow UTrada has been much more stable overall.

User-friendly platform with great charting tools.

Reply from official UTrada

Dear Isla Brown, Thank you for your support! We are delighted to hear that you are satisfied with the platform's ease of use and the experience with the charting tools. UTrada has always been committed to providing traders with an efficient, intuitive, and comprehensive trading environment. Your recognition motivates us to continuously optimize and improve our services. We look forward to you enjoying a smooth trading experience on UTrada!

The spreads are too big, I feel like I'm paying more than I should every time I trade... There are hidden fees that I don't like. It's frustrating to find out I have to pay more than I expected after I've made a trade. I wish the costs were easier to understand... 💔💔💔

Natsuki H., Hyogo

Reply from official UTrada

Dear Natsuki H., Hyogo, Thank you for your feedback. We highly value your concern regarding the transparency of trading costs. In the past, some traders did mention issues with spreads, and we have since optimized and adjusted them. Currently, our spreads have significantly improved and are highly competitive within the industry. We sincerely invite you to experience them again, and we believe you will notice more advantageous trading costs. We look forward to providing you with an even better trading experience in the future.

Swift Crypto Deposits & Withdrawals: Broker Delivers Speedy Transactions

I'm satisfied with this broker, fast process for withdrawal and deposit via crypto method

To be honest, I have been trading with this company for two months, if you count the time I spent on the demo account, I have been trading for three months! I think your transaction costs are reasonable. The amount of spreads and commissions are not very high, which I really like. As for leverage, the maximum leverage is 1:100, but I think for most people, learning to control risk is more important than making quick profits.

It is highly recommended that everyone try a demo account before making real trading. The defaulted leverage on their demo account is 1:100 and their trading environment on the MT4 is also very good! But I haven’t decided whether to open a live account at uTrada. There seem to be plenty of other well-performing traders to choose from.

My friend Jimmy recommended this broker to me, but I haven’t decided to use it yet, Ummm… trading fees seem expensive compared to other brokers, but its minimum deposit is not that high, maybe I can have a try, anybody have any suggestions for me?

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