General Introduction
UTrada was founded in 2018 in Malaysia, later expanding to Singapore and Australia, and currently serves clients in more than 120 countries.
It is a multi-asset brokerage offering trading in Forex, commodities, energy, indices, stocks, and cryptocurrencies in the form of CFDs. The broker supports MT4, MT5, and its own UTrada ProTrader platform, catering to both beginners and professional traders.
The minimum deposit requirement is about 100 USD, with maximum leverage of 1:500 and spreads starting from 1.4 pips. UTrada also offers raw spread accounts with commission fees. It provides copy trading services, an attractive IB program, and segregated accounts to protect client funds. The company is registered and regulated by the Labuan Financial Services Authority (LFSA) Malaysia under license MB/19/0042. However, UTrada has some limitations such as no negative balance protection, higher costs on lower-tier accounts, and mixed feedback on customer support and withdrawals.
Trading Platform: MT4, UTrada ProTrader
Minimum Deposit: 100.0 USD
Maximum Leverage: 1:100
Minimum Lot Size: 0.01 Lot
Commission Fee: 0 USD
Spread Type: Floating Spread
Account Currency: USD
Tradable Instruments: Stocks/Securities, Indices, Commodities, Forex/Currencies
Basic Information
Headquarters: Unit Level 11(A), Main Office Tower, Financial Park Labuan, Jalan Merdeka, 87000, Labuan Federal Territory, Malaysia
Business Model: STP
Time Zone: GMT
Credit Profile: Not available
Trading Platforms
MT4 (Windows, iOS, Android, Webtrader)
Contact Information
Headquarters: +65 6509-3908
Email: contact@utrada.com
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