U Trade Markets is a forex broker established on April 1, 2022, in Mauritius, primarily providing investors with trading services in forex, indices, stocks, commodities, precious metals, and contract for differences (CFDs), but its headquarters address is unknown. This broker does not offer services to residents of the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Libya, Cuba, Myanmar, Yemen, Afghanistan, Vanuatu, and countries within the European Economic Area.
Registration Information and Regulatory Status:
According to public information on the U Trade Markets official website, it is registered in Mauritius with the business number C186708. The specific registration address is Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, 11328, Mauritius. This entity is authorized and regulated by the Mauritius Financial Services Commission (FSC) with the license number GB22200267. The broker's website is operated by U Trade Markets and Utrade Markets Fintech Ltd (currently known as SENSEDEA LIMITED), with the latter being registered in Cyprus on November 23, 2022, and is not regulated.
Upon verification, the Mauritius Corporate and Business Registration Department (CBRD) lists a registered entity named U Trade Markets, with the registration number C186708, and the Mauritius Financial Services Commission (FSC) also lists an investment dealer of the same name. The Cyprus Registrar of Companies and Intellectual Property also lists a registered entity named Utrade Markets Fintech Ltd. Information from a Whois search shows the broker's website domain was registered on November 9, 2022.
Opening an Account:
To open an account with U Trade Markets: visit the broker's official website, click on “Get Started Now” or “Register Now” at the top-right corner of the homepage to access the account registration page. Follow the steps and fill in the required personal information. Once the information is verified, the account will be successfully registered.
Account Types:
U Trade Markets offers a Standard Account:
- Minimum initial deposit: $1000
- Maximum leverage: 1:500
- Spread: 1.5 pips
- Minimum transaction size: 0.01 lots
- Commission: $0
Trading Platform:
U Trade Markets offers the MT5 trading platform.
Deposits and Withdrawals:
The broker has not explicitly disclosed the supported deposit and withdrawal methods, fees, or the minimum amounts for them on its official website.
Summary:
：Currently, this broker is marked as "expanding" on Traderknows.
