UpperTrade Review
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Review
Fast Facts
Contact Info and Support
Traffic information
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About UpperTrade
UpperTrade (also styled as Uppertrade.world) operates under the name Tetris Group LTD, reportedly registered in the Commonwealth of Dominica with registration number 2021/IBC00019; Dominica does not issue forex or CFD trading licenses, and no valid regulation is associated with this entity. The Romanian Financial Supervisory Authority (ASF) issued an investor warning on May 5, 2022, stating that neither Tetris Group LTD nor UpperTrade is authorized to provide investment services under Law no. 126/2018. (ASF warning May 5, 2022) ()
UpperTrade offers trading in forex pairs, commodities, indices, stocks and cryptocurrencies via Web Trader and MetaTrader 5 platforms. Leverage up to 1:200 is cited in several sources, minimum deposit is reported as US$250, with four account types (Beginner, Medium, Advanced, Professional) ranging from US$250 to US$250,000. EUR/USD spreads as low as 0.1 pips are claimed. Tetris Group LTD’s limited regulation and opaque structure raise serious credibility issues. ()
No trace of regulation by FCA, CySEC, ASIC, NFA, CFTC, KNF or any other recognized authority is found. Existing reviews flag manipulative trading software, obstructed withdrawals, and numerous red flags confirming high risk. ()
Pros and cons
Pros
- Claims to offer Web Trader and MetaTrader 5 platforms
- Offers a diverse range of assets including forex, commodities, indices, stocks, and cryptocurrencies
- Leverage up to 1:200, with low advertised spreads (e.g., 0.1 pips on EUR/USD)
Cons
- Unregulated and not authorized by any recognized financial regulator; ASF issued explicit warning
- Registered in Dominica, a jurisdiction lacking oversight for forex/CFD brokers
- Multiple independent reviews report blocked withdrawals, inconsistent trading conditions, and scam indicators
- A website outage noted as of January 20, 2026, further undermines credibility
