UStockTrade Review 2020

UStockTrade Rated 3/5
UStockTrade have a low rating. We recommend you look at one of their alternative brokers.
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UStockTrade Guide

UStockTrade are an online broker founded in 2008 offering Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading.

UStockTrade are a global broker and have multiple offices around the world including a head office in United States.

UStockTrade have a listed stock symbol. This means that UStockTrade have publically listed and you can officially buy shares in UStockTrade on one of the worlds global market exchanges.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of UStockTrade we break down the pros and cons. What UStockTrade are able to offer, what countries UStockTrade are available in. Who UStockTrade are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with UStockTrade

  • Regulated by: Securities and Exchange Commission (SEC)
  • Headquarters Country : United States
  • Foundation year 2008
  • Min Deposit : No minimum deposit.
  • Used by over 10,000 traders
  • UStockTrade is not available in the following countries :
Open UStockTrade's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to UStockTrade

With this review we hope to help you see if UStockTrade is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding UStockTrade that will help you get off to a good start in the world of online trading.

UStockTrade Review Table of Contents

UStockTrade what you should know

UStockTrade offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing.

With UStockTrade you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with UStockTrade platform.

UStockTrade are able to accommodate various levels of traders whether you are experienced or a beginner.


Are UStockTrade safe?

When choosing a broker like UStockTrade the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 years UStockTrade have a head office in United States.

UStockTrade is regulated. This means UStockTrade are supervised by and is checked for conduct by the Securities and Exchange Commission (SEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to UStockTrade, this will be honored. If UStockTrade violate any regulatory rules their regulated status could be stripped.

Any payments funded to UStockTrade accounts by traders are held in a segregated bank account.

For added security UStockTrade use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with UStockTrade. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit UStockTrade

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker ustocktrade XTB eToro Pepperstone
Year Established 2008 2002 2006 2010
Head Office United States Poland Cyprus, UK Australia
Regulation Securities and Exchange Commission (SEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Used By 10,000+ 250,000+ 10,000+ 10,000+
Negative balance protection Yes No Yes
Guaranteed Stop Loss Yes No No
Learn More Visit UStockTrade Visit XTB Visit eToro Visit Pepperstone
Risk Warning Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

UStockTrade Pros and Cons

What we like about UStockTrade

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Securities and Exchange Commission (SEC)
  • Min. deposit from $0

What we don't like about UStockTrade

UStockTrade Financial Regulation and Supervision in more detail

We have checked and UStockTrade is regulated and supervised by reputable organisations. You are able to check every UStockTrade supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with UStockTrade. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect UStockTrade traders and provide a safe trading environment.

UStockTrade is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as UStockTrade you should be sure they're legitimate online agent.

UStockTrade General Fees

  • UStockTrade withdrawal fees varies on payment method
  • UStockTrade does charge inactivity fees
  • UStockTrade does charge deposit fees
Broker ustocktrade XTB eToro Pepperstone
Min Deposit 0 0 200 200
Withdrawl Fees varies varies Yes No
Inactivity Fees No Yes Yes
Deposit Fees No No No
CFD Commission Fees Yes No Yes

UStockTrade Commissions

  • UStockTrade does charge commission on CFD instruments.

What can you trade with UStockTrade?

You can trade a wide variety of instruments with UStockTrade over 243 instruments infact.

If you are looking at trading currency pairs UStockTrade offer over currency pairs.

Compare UStockTrade with XTB and eToro below.

Your capital is at risk

Broker ustocktrade XTB eToro Pepperstone
Instruments Available 243 1,500 100 100
Platforms Desktop,Android,iPhone/iPad,Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
FX / Currencies Visit UStockTrade Visit XTB Visit eToro Visit Pepperstone
Forex pairs offered 50 50 70
Major forex pairs Yes Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs NO Yes Yes Yes
Cryptocurrencies NO Yes Yes Yes
Commodity CFDs Visit UStockTrade Visit XTB Visit eToro Visit Pepperstone
Commodities Offered 0 21 0 16
Metals No Yes Yes Yes
Energies NO Yes Yes Yes
Agricultural NO Yes Yes No
Indiced & Stock CFDs Visit UStockTrade Visit XTB Visit eToro Visit Pepperstone
Stocks Offered 1696 957 60
UK Shares No Yes Yes No
US Shares Yes Yes Yes No
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes No

Trading on UStockTrade web platforms and other applications

UStockTrade offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

An UStockTrade IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

UStockTrade also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See ustocktrade's platforms

UStockTrade Trading benefits :

  • Low min deposit

UStockTrade Trading Accounts Offered :

  • Demo account
  • Standard account
  • Islamic account

Can I try UStockTrade before I buy?

UStockTrade offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

UStockTrade withdrawl and funding methods.

UStockTrade offer the below funding payment methods. learn more about UStockTrade

  • Credit cards
  • Skrill
  • Neteller
Broker ustocktrade XTB eToro Pepperstone
Bank transfer No Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes Yes Yes
Neteller Yes Yes Yes Yes

How can I start trading with UStockTrade?

When opening a trading account with UStockTrade, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on UStockTrade trading platforms here.

Performing trades with UStockTrade

UStockTrade allow you to execute a minimum of trade of $1. This may vary depending on the account you open. UStockTrade allow you to execute a maxium trade of varies.

As a market maker, UStockTrade may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

UStockTrade Leverage and UStockTrade CFDs Explained

let's take a look at some of the basics of using UStockTrade leverage.

UStockTrade offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

UStockTrade leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the UStockTrade trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The UStockTrade leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

UStockTrade CFDs are typically used for short to medium term trades. For example UStockTrade intraday trading.

Education resources at UStockTrade

To trade effectively with UStockTrade, it's important to get a have a good understanding of the XTB trading tools and the markets.

UStockTrade offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with UStockTrade.

Take time to look around the UStockTrade platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at UStockTrade

UStockTrade support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

UStockTrade have a B grade support rating because sometimes the reposonse was slow or our query wasnt answered. UStockTrade offer email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages.

Livechat Support at UStockTrade

We tested the UStockTrade live chat and it works well. We sent messages to UStockTrade livechat through their app and website and recieved a response within 20 minutes.

We tested communicating with UStockTrade support in multiple languages in multiple countries. UStockTrade where able to resolve our customer issues.

Email Support at UStockTrade

We sent several emails to UStockTrade and answer times overall were excellent. The fastest response from UStockTrade was less than 40 minutes and the slowest response was 2 days. Support response times may vary for you with UStockTrade, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from UStockTrade.

Phone Support at UStockTrade

UStockTrade does not offer Phone Support.

See how UStockTrade Support Compares Against Other Brokers

Broker ustocktrade XTB eToro Pepperstone
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, German, Spanish, French, and Italian English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More Visit UStockTrade Visit XTB Visit eToro Visit Pepperstone
Risk Warning Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

What you will need to open an account with UStockTrade

As UStockTrade is regulated by Securities and Exchange Commission (SEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore UStockTrade's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with UStockTrade you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.ustocktrade.com/ on 12th August 2018.

Is UStockTrade A Good Broker?

We spent over 3 months examining UStockTrade in depth. Although we found some very useful aspects of the UStockTrade platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative UStockTrade broker.

  • UStockTrade have a good track record of offering Forex trading, CFD trading, Spread Betting, Share Dealing.
  • UStockTrade has a history of over 3 years.
  • UStockTrade has a reasonable sized client support call center of at least 10.
  • UStockTrade are regulated by Securities and Exchange Commission (SEC). This means UStockTrade fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • UStockTrade have regulation from a Tier 1 reputable country.
  • UStockTrade has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • UStockTrade have an international presence in multiple countries. This includes local UStockTrade seminars and training.
  • UStockTrade are able to hire people from various locations in the world who can better communicate in your local language.

UStockTrade Risk Disclaimer

Your capital is at risk

UStockTrade not quite right?

Check out these UStockTrade Alternatives

We have spent years researching the best alternatives to UStockTrade. Click the links below to learn more.

If you feel some of the above UStockTrade are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of UStockTrade alternatives below.

Related UStockTrade Comparisons

If you would like to see how UStockTrade stands up against other brokers you can read some of our UStockTrade comparisons below. We compare side by side some of our top rated UStockTrade versus comparisons. Read some indepth UStockTrade VS pages below.

USTOCKTRADE Frequently Asked Questions

Can I try UStockTrade before I buy?

UStockTrade offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do UStockTrade accept?

UStockTrade offer the following funding payment methods accept Credit cards, Skrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

Is UStockTrade safe?

UStockTrade are considered safe as they are regulated by and checked for conduct by the Securities and Exchange Commission (SEC). Any payments funded to UStockTrade accounts by traders are held in a segregated bank account. For added security UStockTrade use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is UStockTrade trading good?

UStockTrade is considered good and reputable to trade with. UStockTradeUStockTrade is used by over UStockTrade active traders. UStockTrade offers Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with UStockTrade is mindeposit.

Is UStockTrade trading Legit?

UStockTrade was founded in United States in 2008. UStockTrade has been facilitating trade on the financial markets for over 12 years. UStockTrade offers clients Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading. All funds deposited to UStockTrade are held in segregated tier 1 bank accounts for security. UStockTrade is regulated by Securities and Exchange Commission (SEC) so can be considered legit.

Is UStockTrade a good broker?

UStockTrade is overseen by the top tier financial regulators Securities and Exchange Commission (SEC) so can be considered a good broker.UStockTrade allows Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading.

Is UStockTrade trustworthy broker?

UStockTrade can be considered trustworthy. All money funded to UStockTrade is placed into a segregated tier 1 bank account. this means your money in not held by UStockTrade directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also UStockTrade is regulated by Securities and Exchange Commission (SEC).

What is the minimum deposit for UStockTrade?

The minimum deposit to trade with UStockTrade is 0.

How long do UStockTrade withdrawals take?

Withdrawing money from UStockTrade processing time varies but averages 2-5 days.

Is UStockTrade regulated?

UStockTrade is regulated by Securities and Exchange Commission (SEC).

Is UStockTrade a market maker?

UStockTrade is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with UStockTrade?

When opening a trading account with UStockTrade, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on UStockTrade trading platforms here.

Is my money safe with UStockTrade?

UStockTrade is regulated by Securities and Exchange Commission (SEC). One of the most important criteria for traders when choosing a broker like UStockTrade is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to UStockTrade, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is UStockTrade a con?

UStockTrade is regulated and well established having been in business for over 12 years. UStockTrade is definitely not a con.

Can you make money with UStockTrade?

Although traders have had great success with UStockTrade. Trading on the financial markets with UStockTrade is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does UStockTrade have fees?

UStockTrade withdrawal fees varies on payment method. UStockTrade does charge inactivity fees. UStockTrade does charge deposit fees.

When was UStockTrade founded?

UStockTrade was founded in 2008.

How many people use UStockTrade?

UStockTrade is used by over 10000 registered traders.

What is UStockTrade Headquarters country?

UStockTrade has its head quarters office in United States.

Does UStockTrade offer negative balance protection?

UStockTrade does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does UStockTrade offer guaranteed stop loss?

UStockTrade does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price.

Does UStockTrade allow scalping?

UStockTrade does not offer scalping.

Does UStockTrade allow hedging?

UStockTrade does not offer hedging.

Does UStockTrade offer CFD trading?

UStockTrade offers CFD trading.

Does UStockTrade offer STP?

UStockTrade does not offer STP trading.

How many people use UStockTrade?

UStockTrade is used by over 10000 traders.

Is UStockTrade an ECN broker?

UStockTrade does not offer ECN trading.

Does UStockTrade offer a demo account?

UStockTrade offers a demo account.

Does UStockTrade offer an Islamic account?

UStockTrade offers a Islamic accounts.

What are the funding methods for UStockTrade?

UStockTrade accept the following funding methods : Credit cards, Skrill, Neteller,

UStockTrade review written by Andrew Blumer and Mark Hansen

We hope you found our review of the UStockTrade brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

UStockTrade review written by Mark Hansen of Comparebrokers.co