⭐ UTrada Journal
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UTrada Profile
Website
Year
2018
Country
Malaysia
Branches
3
Regulation
LFSA Malaysia
Registration
LFSA Malaysia, FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Africa, Belarus, Cuba, Iran, Iraq, Japan, Kyrgyzstan, Myanmar, Nicaragua, North Korea, Russia, Sudan, Syria, US, Ukraine, Venezuela, Yemen
Broker type
MM, STP routing, ECN-style pricing
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Licensed as
Principal
Operating as
Principal, Matched Principal
Tier
3
Execution speed
10 ms
LPs total
2
LPs quality
Tier-1 Banks
LPs names
CitiBank, JP Morgan
UTrada Accounts
MM
STP
ECN
RAW
Minimum Deposit
100 $
100 $
500 $
250 $
Leverage
500 : 1
500 : 1
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
0.01 lots
0.01 lots
EURUSD spread
1.8 pips
1.8 pips
0 pips
1.2 pips
Commission
0 $/lotRT
0 $/lotRT
7 $/lotRT
0 $/lotRT
Volume
50 lots
50 lots
50 lots
50 lots
Margin Call
100 %
100 %
100 %
100 %
Stop Out
50 %
50 %
50 %
50 %
Execution
Market
Market
Market
Market
Spread
floating
floating
floating
floating
Scalping
yes
yes
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Tether, Neteller, Skrill
Base currency
USD, EUR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 6 months
| Update broker |
- Full listing profile: UTrada broker profile
Is UTrada safe?
- Investor protection: no
- Regulation: LFSA Malaysia
- Registration: LFSA Malaysia, FSA SVG
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: yes
- Negative Balance Protection: yes
Is UTrada trusted?
- Information transparency: high
★★★★★ - Customer service: not so helpful
★★ - UTrada website: highly detailed, updated
★★★★★ - UTrada popularity (by visitor count): least visited
★
HOW UTRADA WORKS
📢 MARKETING FOCUS
Benefit from spreads as low as 0.0 pips
Take advantage of lightning-fast execution speeds with our cutting-edge servers and direct access to a deep liquidity pool.
Standard: Execution Type STP
Ultra: Execution Type ECN
https://www.utrada.com/en/accounts/ultra
LEGAL FOCUS
When you enter into an OTC Contract with UTrada, you will be entering into a privately
negotiated contract with UTrada, as principal. This means that UTrada acts as the seller when
you buy and the buyer when you sell.
UTrada establishes the prices at which it offers to trade with you based on prices that are made or quoted to UTrada by the banks, financial institutions, exchanges and counterparties with which it does business...
UTrada may halt trading (i.e.: prohibit opening or closing a position) at any time, for any reason, including if UTrada does not have pricing data available in respect of the underlying asset or currency.
In entering into OTC Contracts, you should understand that UTrada is acting solely in the capacity of an arm’s length contractual counterparty to you and not in the capacity of your financial advisor or fiduciary.
UTrada establishes the prices at which it offers to trade with you based on prices that are made or quoted to UTrada by the banks, financial institutions, exchanges and counterparties with which it does business...
UTrada may halt trading (i.e.: prohibit opening or closing a position) at any time, for any reason, including if UTrada does not have pricing data available in respect of the underlying asset or currency.
In entering into OTC Contracts, you should understand that UTrada is acting solely in the capacity of an arm’s length contractual counterparty to you and not in the capacity of your financial advisor or fiduciary.
https://www.utrada.com/files/UTrada_General_Risk_Disclosure_Statement.pdf
🎯 CONCLUSION
Utrada acts as Hybrid Market Maker and a counterparty to Clients trades. Utrada utilizes STP routing with ECN-style pricing.
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