WikiFX

Reply

Based on the available information, I find UTrada to be somewhat trustworthy but with certain reservations. The fact that UTrada is regulated by the LFSA offers some legitimacy, but the lack of recognition of LFSA on the global stage does make me cautious. The range of tradable assets and the availability of a demo account are appealing features, as they give me the tools to diversify and practice. However, the lack of transparency regarding deposit and withdrawal methods, combined with the limited information about their customer support, makes me hesitant. I would proceed carefully, ensuring that all my questions are answered before committing funds to this broker. Overall, UTrada could be a good option for traders looking for variety and high leverage, but I would advise conducting further research, especially regarding payment options and customer support responsiveness.