Utrader Review 2024
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  • IFMRRC

Utrader Review 2024

Updated:
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of Utrader Trading Company

Utrader is scam. The broker stopped fulfilling its obligations to clients and partners, as well as withdrawing funds.

Geographic Distribution of Utrader Traders

Popularity in

55.4%
RU
Russian Federation
23.8%
PL
Poland
6.9%
GB
United Kingdom
6.1%
LT
Lithuania
4.9%
CA
Canada
3.9%
AU
Australia
3.6%
NO
Norway
3.6%
SE
Sweden
3.4%
IN
India
3.4%
IL
Israel
7%
Others
Others

User Satisfaction i

14 comments
Total score:
6 /10

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curtisrj4
2 years ago

I had my doubts about Utrader. On the one hand, the broker looks reliable. At least due to the fact that there is a regulator. But the deposit is high. Took a risk. For the most part I was satisfied, albeit with costs. For example, the platform works flawlessly, withdrawal methods are convenient, support responds quickly, you can get a bonus on the first deposit. A trifle, but nice. Withdrawal to Utrader is not instant, but takes no more than 2 days. Now as for the cons. The instruments are different, there are cryptocurrencies, and currencies, and indices, and stocks, but there are not many of them. You can’t test the terminal on a demo account, and this is important, who knows what functionality a broker has…

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Greg11232
4 years ago

I was also a victim that lost about $240k to fraudulent broker but I was lucky to get a refund through the help of the forensic expert at recoverbinary [at] protonmail [•] com. The police or anyone are not ready to help, if we all wait for justice to prevail against these scammers, we will suffer a great loss and nothing would be done to them. I will advise to act fast!!!

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angelwilk14
4 years ago

I lost a lot of money trading binary options, and have been able to have my money recovered by a recovery genius. You can email me to share my experience trading, and my recovery at angelwilk14@gmail .com

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messi1488
5 years ago

A great broker. I trade with pip here. They close orders quickly, interest on the closure is ridiculous, money is withdrawn in 2 days without delays. If only they added more crypts, they would be precious. Crypt is the easiest way to catch 20-30 pips and to scalp with a 2% profit per month not being nervous. Their service is great as well. They always respond quickly and clearly to any question.

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danilianas
5 years ago

The broker is excellent, but for some reason there're too few investment assets. I mean the choice is very limited. Although it pays, the bonuses work fine, share interest is charged, dividends to be precise. I'm not that good in trading, since I have been trading for 3 months, but as I was told, the smaller the choice of assets, the more verified the broker is. But I can’t invest a lot because I don’t understand what I’m doing it (there are a lot of unknown global companies to me).

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dgekson2121
5 years ago

You can make good money on Utrader. That is what I've been doing in recent years. I won't be cunning, drawdowns happen, but in general I trade profitably. Of course one shouldn't do stupid things and the main thing is not to give in to excitement. Trading requires peace of mind above all, and this broker is works fine. I'd like it to have more bonus promotions, but this is not the most important thing.

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AlexaRomax
5 years ago

Utrader is a good broker. This broker has a lot of trading assets. There're currency pairs, indices, commodities and shares. The return is quite high and the expiration time can be varied at your discretion. I mostly trade for 1 to 3 hours. It seems to me less risky, if you defined the right trend. Everything's fine for now. I hope it'll stay the same way. I want to get to the vip account with $100,001 deposit. I think it would be easier if there were more crypts. Only two currencies look strange these days.

Trading Conditions for Utrader Users

💻 Trading platform: uTrader TP, Mobile Apps
📊 Account types: Start, Silver, Gold, Platinum, VIP
💰 Account currency: USD, EUR, RUR, GBP, PLN
💵 Replenishment / Withdrawal: Credit/Debit Card, Qiwi, WebMoney, Skrill, Neteller, Okpay
🚀 Minimum deposit: 300 USD
📈️ Min Order: No
🔧 Instruments: Currencies, Commodities, Indices, Stocks, Сryptocurrency
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
⭐ Trading features: 85% profit on classic CFDs, Forex and Options and 650% with One Touch options.
🎁 Contests and bonuses: Welcome bonus up to 150%

Contacts

Registration address Bulgaria, Sliven 8800, Stoyan Zaimov complex, block 69, entrance B, Yako Katsarov street, 4.
Regulation
Official site
Contacts
Disclaimer:

Your capital is at risk. CFDs are considered complex derivatives and may not be suitable for retail clients. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The products mentioned here may be affected by changes in currency exchange rates. If you invest in these products, you may lose some or all of your investment, and the value of your investment may fluctuate. You should never invest money that you cannot afford to lose and never trade with borrowed money.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Utrader Review Utrader Review

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FAQs

Why has Utrader been placed on the Traders Union Blacklist?

If you found Utrader on the Traders Union Blacklist, it means that the company does not fulfil its obligations to the clients or has already turned into a scam. The most popular reason is that the broker does not process withdrawals or the broker’s website is no longer operational.

I have an account with Utrader. What should I do if it gets blacklisted by Traders Union?

Find out the reasons from TU Support Service, and then try to gradually withdraw your money.

Utrader does not process withdrawals. What should I do?

• Get the broker to specify the reason for refusal to process withdrawals.
• File a complaint with the regulator. Submit a chargeback request, if possible.
• Contact TU’s legal service for advice. It could be possible to settle the issue.

How can I determine if Utrader is unreliable?

Here are several options:
• Check if the brokerage company has been placed on blacklists.
• Check if the broker holds a license on the website of the regulatory authority.
• Check how promptly the Support Service responds. If the responses are also or none, or not to the point, then there is a problem.
• Deposit the minimum possible amount, execute 1-2 quick trades and try to withdraw money. If the broker is a scam, its support service will try to persuade you not to withdraw money by any means.

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