Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

UP TREND

Bulgaria Bulgaria | 5-10 years |
Suspicious Regulatory License | MT4 Full License | Regional Brokers | High potential risk

http://uptrend.bg/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

UpTrend-mt4-demo.xtrade-dm.net

Germany
Germany
MT4
5

Influence

D

Influence index NO.1

Bulgaria Bulgaria 2.53

MT4/5 Identification

MT4/5 Identification

Full License

5
Server Name
UpTrend-mt4-demo.xtrade-dm.netMT4
Server LocationGermanyGermany

Influence

Influence

D

Influence index NO.1

Bulgaria Bulgaria 2.53
Surpassed 21.80% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+359 2 815 56 60
http://uptrend.bg/
София 1407 бул. Никола Й. Вапцаров №51A, ет. 1

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Bulgaria
Operating Period
5-10 years
Company Name
UP TREND Ltd.
Customer Service Email Address
uptrend@uptrend.bg
Contact Number
+35928155660
Company Website
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
5
MT4 Servers
0
MT5 Servers
198.75
velocityIcon
Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Meta Trader 4
Perfect

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Official Website

Website

  • uptrend.bg
    91.215.216.94
    Server Location
    Turkey Turkey
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Profile

Company Profile

Review summary

UP TREND Review Summary
Founded1997
Registered Country/RegionBulgaria
RegulationNo regulation
Financial ServicesAsset management, investment advisory, brokerage services, IPO/SPO support, financial instrument custody, etc.
Customer SupportTel: +359 2 815 56 60
Email: uptrend@uptrend.bg
Address: Sofia 1407, blvd. Nikola Y. Vaptsarov No51A, fl. 1

UP TREND Information

Up Trend is one of the first licensed investment intermediaries in Bulgaria, established in 1997. It has been a member of the Bulgarian Stock Exchange and the Central Depository since 1998. The firm holds an EU-wide license and offers a wide range of financial services to both retail and institutional clients, including asset management, investment advisory, brokerage, IPO/SPO support, and financial instrument custody. It partners with platforms like Thomson Reuters, Capital IQ, Bloomberg, and FactSet to publish its market analyses. Its headquarters is in Sofia, Bulgaria.

However, the broker is currently not being well-regulated by any official authorities, which should raise your attention due to possible less credibility and trustworthiness.

UP TREND's homepage

Pros and Cons

Pros Cons
Wide range of financial servicesNo regulation
Many years' industry experience

Is UP TREND Legit?

The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. UP TREND is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose UP TREND with caution.

No license

What Can I Trade on UP TREND?

Up Trend Ltd. offers a broad range of investment services for both retail and institutional clients, including:

  • Brokerage Services: Buy/sell orders on Bulgarian and international markets.
  • Asset Management: Individual portfolio management under a discretionary mandate.
  • Investment Advisory: Personalized financial consulting based on client goals and risk profile.
  • Custody Services: Safekeeping and administration of financial instruments.
  • IPO/SPO Support: Services related to initial and secondary public offerings.

They offer brokerage services with access to:

  • Stocks
  • ETFs
  • Bonds
  • Forex
  • Commodities
  • CFDs (Contracts for Difference)
  • Indices and Derivatives
Trading InstrumentsSupported
Stocks
ETFs
Bonds
Forex
Commodities
CFDs
Indices
Derivatives
Cryptocurrencies
Options

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • MT4 Full License
  • Regional Brokers
  • High potential risk

Wiki Q&A

What is the regulatory status and risk profile of UP TREND?

UP TREND Ltd. operates without valid, recognized forex trading licenses, placing it outside the scope of mainstream financial regulatory oversight. Client activities occur without the protections typically afforded by authoritative regulatory frameworks, which is a significant consideration. The broker is registered in Bulgaria and has been operating for an estimated five to ten years as a regional broker.

Three days ago
United States

What regulatory licenses does UP TREND hold?

UP TREND does not hold any verified, mainstream regulatory licenses. The entity's license list for forex operations is empty, confirming its status as an unregulated broker. This means its services are not supervised by financial authorities such as the FCA, ASIC, CySEC, or equivalent bodies, which is a significant factor for traders to consider regarding fund security and dispute resolution.

Three days ago
United States

Where is UP TREND registered?

UP TREND Ltd. is registered in Bulgaria. The broker's operational history is estimated to be between five and ten years, and it is categorized within the business scope of regional brokers, indicating its primary focus is on specific geographic markets rather than global operations.

Three days ago
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Three days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Three days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Three days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Three days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Three days ago
United States
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