User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
No Regulation
Score
1.48 /10
Danger
URUS TRADE
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 1
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.74
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
Previous Detection :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Exposure
1 pieces of exposure in total Pyramid scheme complaint
ExposeNote: URUS TRADE's official website: https://www.urustrade.com is currently inaccessible normally.
| URUS TRADE Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Not regulated |
| Market Instruments | Forex, stocks, commodites, indices and cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | / |
| Trading Platform | MetaQuotes and MetaTrader5 |
| Min Deposit | €1,000 |
| Customer Support | Contact 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.
Pros and Cons
| Pros | Cons |
| Multiple trading choices | No 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.
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 | ❌ |
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 Platform | Supported | Available Devices |
| MT4 | ❌ | / |
| MT5 | ✔ | Computer |
| cTrader | ❌ | / |
| MetaQuotes | ✔ | Computer |
1
start to write first comment