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URUS TRADE Information Revealed

WikiFX | 2024-10-22 18:39

Abstract:URUS TRADE is a broker registered in Saint Vincent and the Grenadines that offers five types of trading instruments with leverage up to 1:1000 and supports trading on MetaQuotes and MetaTrader5. However, URUS TRADE holds no legal regulatory lincese and has been listed as fraud by the Spanish financial instiution CNMV.

Note: URUS TRADE's official website: https://www.urustrade.com is currently inaccessible normally.

URUS TRADE Review Summary
Founded2019
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNot regulated
Market InstrumentsForex, stocks, commodites, indices and cryptocurrencies
Demo Account✅
LeverageUp to 1:1000
Spread/
Trading PlatformMetaQuotes and MetaTrader5
Min Deposit€1,000
Customer SupportContact form
Facebook: https://www.facebook.com/pg/UrusTrade/posts/?ref=page_internal

URUS TRADE is a broker registered in Saint Vincent and the Grenadines that offers five types of trading instruments with leverage up to 1:1000 and supports trading on MetaQuotes and MetaTrader5. However, URUS TRADE holds no legal regulatory lincese and has been listed as fraud by the Spanish financial instiution CNMV.

URUS TRADE's homepage

Pros and Cons

Pros Cons
Multiple trading choicesNo legal regulation
Limited info on trading
Unavailable website
Lack of transparency
No demo accounts
High minimum deposit
Limited language support
Limited customer service channels

Is URUS TRADE Legit?

URUS TRADE holds no valid license and has been blacklisted by the Spanish financial regulatory agency, the CNMV. The terms on its website indicate that it is registered in Saint Vincent and the Grenadines, an offshore region where brokers are not formally regulated.

In addition, the domain of this broker was registered on August 2, 2019, and has expired on August 2, 2024.

Is URUS TRADE Legit?

Is URUS TRADE Legit?

What Can I Trade on URUS TRADE?

URUS TRADE offers five types of market instruments: foreign exchange, commodities (including precious metals, oil, corn, and more), stocks, indices, and cryptocurrencies. However, URUS TRADE lacks legal regulation, so trading these market instruments on the URUS TRADE platform poses a high risk of financial loss.

Tradable Instruments Supported
Forex ✔
Commodities✔
Indices✔
Cryptocurrencies❌
Stocks❌
Mutual Fund❌
Futures❌
What Can I Trade on URUS TRADE?

Leverage

URUS TRADE did not mention the leverage on its official website, but its trading platform shows leverage as high as 1:1000, which is too exaggerated. No legitimate and responsible broker would offer such high leverage, as it could result in you losing all your assets at once.

Trading Platform

URUS TRADE claims to provide MetaQuotes and MT5 trading services. However, we are unable to verify this claim because the broker does not offer free demo accounts, and the official website is inaccessible.

Additionally, unregulated brokers like URUS TRADE are unlikely to have obtained licenses from professional platforms like MetaTrader5.

Trading PlatformSupported Available Devices
MT4❌/
MT5✔Computer
cTrader❌/
MetaQuotes✔Computer
LeverageBrokerDealerCurrency Pair

Related broker

No Regulation
URUS TRADE
Company name:UTIS Int Limited
Score
1.53
Website:https://www.urustrade.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.53

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