Utrade is an online Forex trading forum that offers a large collection of financial assets for trading. It allegedly supports popular MT4 and Sirix trading platforms. The minimum deposit is generous $250 and has a maximum leverage of 1:400.
Is Utrade Regulated?
Utrade is an unlicensed platform operated by Callpoint ltd s.r.l., a company presumably based in Bucharest, Romania. It falsely claims to be regulated by several reputed jurisdictions across the world. Although, there is no credible information regarding the regulation and legal validations.
Should You Invest With Utrade?
Utrade is not a trustable trading platform. It attracts young traders by professing to give lucrative returns on investment. Moreover, the official website is not working properly. Therefore, it is recommended not to associate with Utrade for any sort of investment.
What To Do If You Have Been Scammed By Utrade?
Utrade reviews show some major drawbacks of the company. The Financial Conduct Authority (FCA) has issued a public warning against the entity. Unfortunately, if you are facing any scam issues with Utrade, connect with us. We will make sure you recover your lost money.