UTrade Markets Review

Updated: May 24, 2026
UTrade Markets
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Fast Facts

Contact Info and Support

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank-
Country Code-
Country Rank-
Category Rank-
Engagement metricsVisits0
Bounce Rate0
Pageviews per Visit0
Avg. Visit Duration0
Estimated monthly visitsFebruary 20260
March 20260
April 20260
Traffic sourcesSocial-
Paid Referrals-
Mail-
Referrals-
Search-
Direct-

About UTrade Markets

UTrade Markets, incorporated in the Republic of Mauritius (registration No. C186708) and located at Suite 803, 8th floor, Hennessy Tower, Pope Hennessy Street, Port Louis, 11328, Mauritius, claims to be authorised and regulated by the Mauritius Financial Services Commission under Licence number GB22200267; however, official checks with the FSC Mauritius yield no matching record, indicating the licence claim is unverified ().

No evidence exists of regulation by any other reputable authority, including CySEC, FCA, ASIC or similar, and multiple independent investigations have identified UTrade Markets as unregulated, with associated risks including blocked withdrawals, high spreads, problematic customer reviews, deceptive marketing and operational opacity ().

Pros and cons

Cons

  • Claims of regulation by FSC Mauritius (Licence GB22200267) are unverified by the regulator ().
  • Unregulated status exposes clients to significant risk due to lack of legal or investor protection mechanisms ().
  • Numerous client complaints include blocked withdrawals, misleading promotional offers (e.g., high bonuses), withdrawal difficulties, wide spreads and potential market manipulation ().
  • Reported minimum deposit of USD 1,000, high leverage (e.g., 1:500) and wide spreads (e.g., from 1.6 pips on EUR/USD) compared poorly to regulated alternatives ().

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