Utrade is a Forex and CFD broker owned and operated by Callpoint Limited s.r.l., based in Romania, Bucharest.
Is Utrade A Legit Broker?
UTrade claims to be regulated by most of the serious regulators such as US NFA, UK FCA, Australian ASIC, Japanese FSA, German BaFin, and SFC in Hong Kong. Although the firm is not registered with any of these agencies and even got blacklisted by the Financial Conduct Authority in the UK.
Is It Safe To Invest With Utrade?
Utrade reviews available online do not validate the claims the company makes on its website. We found that it has been accused of stealing traders’ money. Hence, we strictly advise not to involve in any sort of investment or trading activity with Utrade.
How To Get Back Your Money Scammed By Utrade?
If you want to safeguard yourself against scams by Utrade, you can report it with funds recovery companies listed with us. They will take all possible actions to recover your money back.