✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

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Analysis on Uetrades

➡️ In this section we will analyze Trades (also called with the name: uetrades.com), It's about a CFD broker. Is Uetrades really recommended to make an investment? Is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.

Now, you can find the following: opinions about Uetrades ✅, claims, complaints, experiences, analysis of the most important characteristics of this company (updated 2022), and most importantly: Is Uetrades a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.

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️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?

  • ❌ Uetrades does not mention the legal name of the company to which it belongs.
  • ❌ Regarding its location, there is no information about this on the website.
  • ❌ If we analyze its security, we note that Uetrades does not mention any regulation.

ATTENTION: Uetrades is a broker NOT REGULATED.

📌 Remember: the best option (and the safest) are the regulated brokers, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌

 

Account types | Investment platform

 

We now proceed to analyze the trading accounts offered by Uetrades, in this case, we see that there are 3 types of account available:

  • ECN account: $500 minimum initial deposit, spreads from 0.0 pips, leverage up to 1:200.
  • Standard Account: $0 minimum initial deposit, spreads from 0.8 pips, leverage up to 1:200.
  • Premium account: $500 minimum initial deposit, spreads from 0.2 pips, leverage up to 1:100.

La platform to operate that Uetrades uses is: its own platform.

 

Resources | Website

 

Here we will examine the different resources and aids for the trader that Uetrades provides on its website. We believe that the resources and help provided on the website can be a great advantage for the broker.

Website Uetrades
Utrades website

Uetrades provides the following help or resources to traders or interested parties: an explanation of the services it offers, market news and analysis, economic calendar, FAQ section, not much else.

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Another insights about Trades

 

🔻 We will leave you some more information in case you want to contact the company, or see its website for yourself. 🔻

  • 🌏 Website: uetrades.com
  • 📞 Telephone number: does not have
  • 📧 Email: [email protected]

Maybe you wonder why we review uetrades. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.

You're a representative of this company? We recommend you leave a comment responding to customer concerns.

Valuation on Trades

Ending this section, in our opinion: do we believe that the Uetrades company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ 2022 analysis

❌ After reviewing this company, we advise you to exercise caution: (1) it is an illegal company (not authorized to receive money or accept new clients), (2) we believe that it was established to take money from people through deception and traps. (3) It is not very transparent, since it does not offer legal information about the company, it does not show data about its registration or the real location of its offices. (4) In addition to this, it lacks regulation (it is an unregulated company). ❌


A pocas palabras: Be very careful with these types of companies. we do not recommend it.

ATTENTION!: in July 2022 CONSOB added to Uetrades to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to CONSOB's July 2022 ⚠️ warning

ATTENTION!: in December 2022 CNMV added to Uetrades to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to the CNMV December 2022 advertencia️ warning


Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?

📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.

 

🔻🔻 We leave a vote open so that traders, clients and users of the broker can vote. 🔻🔻

 

[democracy id = ”5069 ″]

 

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

4 comments on «Uetrades: Rating and comments»

  1. Hugh.4 Reply

    The company stole my money, how do I get it back? above they are denounced by the CNMV

    • Recommended-brokers.com Reply

      Hello Hugo, thanks for writing about Uetrades. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their customers (See CNMV link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

  2. Juliana Zapata Reply

    Consob has finally denounced them, they are on the blacklist, they will not escape from it

    • Recommended-brokers.com Reply

      Hi Juliana Zapata, thanks for commenting on Uetrades. Currently she is considered a SCAM. The CONSOB (The Italian Financial Regulator) has put an alert on them, for not having the regulation to carry out their activity (See CONSOB link).

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      regards

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