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No Regulation
Score
1.11 /10
Danger
UPTX
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index3.91
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-12-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| UPTX Review Summary | |
| Founded | 2001 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Futures - Cryptos, Stocks, Indexes, Forex, Commodities, ETFs |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | Mobile APP |
| Copy Trading | ✅ |
| Min Deposit | / |
| Customer Support | Live chat |
| Twitter, Discord, Reddit, Telegram | |
Established in 2001 in the United Kingdom, UPTX is a global asset trading and investment platform that offers comprehensive market access to thousands of assets in the futures market. These include Crypto, Stock, Forex, Commodity, Index and ETFs.
The broker provides a proprietary trading platform named “UPTX-Trade in Stocks & Crypto”. Also, it enables 2FA, open source code and SSL cryptography for security.
However, the company does not provide full transparency on accounts and trading conditions. What makes matters worse, it operates without regulation from any authorities.
Pros and Cons
| Pros | Cons |
| Multiple market instruments | Unregulated |
| Fund segregation | Limited info on trading conditions |
| Copy trading | No MT4/MT5 |
| Live chat support | Limited payment options |
| Limited contact channels |
Is UPTX Legit?
No, UPTX is not regulated by any financial authorities so far, which you should take into consideration before tapping into real trades with them, since lack of regulation usually means less financial security and customer protection.
What Can I Trade on UPTX?
When dealing with investment, it's always smart to scatter your assets instead of putting all your money in one product. To mange risks in the volatilve markets, brokers with diversified market instruments are always a better choice than those with singular product or less portofolio.
With UPTX, you can make a diversified selection from 6 asset classes, including Cryptos, Stocks, Indexes, Forex, Commodities, and ETFs.
| Tradable Instruments | Supported |
| Futures | ✔ |
| Cryptos | ✔ |
| Stocks | ✔ |
| Indexes | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Mobile APP | ✔ | iOS, Android | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
- Intra - site transfer: If the target address for your withdrawal belongs to UPTX, it is recommended to choose intra - site transfer. This method does not require a withdrawal fee.
- Ordinary withdrawals: Ordinary withdrawals require payment of withdrawal fees, namely mining fees. Please refer to the withdrawal page for detailed instructions.
Withdrawal amount limits:
- UPTX has a minimum withdrawal amount, and the amount will be adjusted from time to time based on market values and the conditions of different public chains. Please refer to the amount displayed on the withdrawal page.
- UPTX has a 24-hour maximum withdrawal limit based on the real-name authentication status of the account. Please consult online customer service for specific details.
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