United Traders

The stock broker United Traders has been operating in financial markets not that long ago, since 2009, being an upswing start-up company. The company consists of professional traders with vast experience in various markets. The team of professionals organized the pooling of skills and introduced a new project, a proprietary trading company, where a trader gets access to a trading broker’s funds when opening an account.

And yet, is United Traders a scam or a stock broker worthy of your time and investments? We answer this question in our today’s review.

Terms of Trade with United Traders

United Traders is a proprietary trading firm founded in 2009, initially established by merging trader teams experienced in SwiftTrade (Canada) and Dimension Trading (USA). The company specializes in trading on U.S. stock exchanges and offers various investment products, such as the Kvadrat Black algorithmic hedge fund, IPO share purchases, and OTC transactions involving non-public company shares. Their multi-exchange platform, Aurora, facilitates trading across global exchanges like NASDAQ, MOEX, and SPBEX, among others.

The company is known for its innovation and high-profile projects, including the development of the UTEX cryptocurrency exchange, which aims to address liquidity issues through advanced smart-routing technology. However, its regulatory framework isn’t extensively detailed in public resources, so users should carefully consider the risks associated with their investment products.

Deposit and Withdrawal

There are various deposit and withdrawal ways available for users of United Traders. To deposit you need to sign up by broker, pass the sum to the account choosing the convenient way of funds transfer:

• Bank remittance,
• Debit and credit cards (Visa/MasterCard).

Complaints Against United Traders

There are a great amount of different references in Internet concerning trading by broker United Traders. Among broker advantages, traders point to favorable trading terms, high service quality, steady operation of terminals, unique trading approach, quick support managers response, professional training, and the option of trading on a demo account.

More often than not users point out negative issues with terminals, quotations inaccuracy, long withdrawal, and incompetence of technical support. Worth noting is also the fact that despite a great number of comments, no agent is working on behalf of the broker, which would reply to users’ questions and process negative references.

United Traders Regulator

The broker is not regulated by prominent international financial authorities, which raises concerns about its credibility and security for traders. It operates actively, offering trading services but without the backing of licenses from major regulators such as FCA, ASIC, or CySEC.

Is United Traders a Scam?

The stock broker United Traders is an upswing company worldwide, which for nearly 8 years of its successful operation managed to take the dominant positions in the market (in the amount of assets managed and intraday transactions, the best risk-reward ratio, the best private investor and so on) and provide its user with a place of possibilities for the income generation in trading. The rapidly growing money turnovers of the company, and the great number of loyal customers increasing even today, prove that capital management opportunities have become popular among users. All this clearly shows that we deal with a solid company, rather than a short-term business or a scam artist.

Proprietary trading makes the trade much more gainful and easy, lets maximize the profit out of it, benefit from the support of the risk manager, and with positive results join the broker’s staff and get a prestigious job. The company is concerned about providing advanced trading options for its users, along with access to major international exchanges. There is professional training available for effective trading, pointed out positively in users’ feedback, besides the courses are provided both for trading novices and professional market players.

The safe software provision is another factor increasing trading comfort and efficiency. So there are self-design terminals of the company provided for trading along with the platforms popular with traders. Please note that the broker’s capacity to invest significant means in service development highlights the commitment of the company, distinguishing it from scam artists and short-term businesses. There are different references from traders online about the broker, both positive and negative; though there are more advantages to the service, there are enough issues, too. Besides, no person is acting on behalf of the company who would investigate the negative cases.

If we consider United Traders a scam lottery or a fraudster? Today we will answer this question with no, even though the company is yet a startup, it managed to achieve good results for nearly 8 years of its fast operation, taking dominant positions in the market, offering various options and lucrative trading for traders of the world. To avoid issues dealing with the broker, we recommend you to work actively with your account manager, specifying the full particulars about trading rules, withdrawal procedure, broker commissions, etc.

Summary

The stock broker United Traders is one of the fastest-growing startups and international companies that strive to offer lucrative trading opportunities in financial markets for both novices and experienced traders. The company has been operating for nearly 8 years, achieving remarkable growth and gaining dominant positions among market competitors. Users can benefit from proprietary trading, which involves trading with the company’s capital, as well as low fees, access to major international exchanges, and professional training with employment possibilities.

The development of a ground-breaking service providing stable trading should be considered a particular advantage for the company. A great number of online references to dealing with a broker are positive, although customers have pointed out enough issues with the company’s service that need to be improved. Today, we will not consider United Traders to be a scam artist or bucket shop. However, the references we receive from traders may not only change our rating of United Traders as a stock broker but also warn investors about potential problems.