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UTEX
Total reviews 33
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4.3
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utex.io/en
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  • Company Review UTEX
    • Year of use: 2023
    4.8
    Feedback approved for publication Rate your review 0
    0
    Exchange Commission
    100%
    Transaction speed
    100%
    Reliability
    100%
    Technical support
    80%

    My general overveiw of the platform as a long time user

    I’ve been with the company ever since the beginning. The novel concept of trading stocks through crypto and bypassing any third-party restrictoins arond them, which is what they proposed, spoke to me. I had trouble with accessing US markets in the past and missed a lot of opportunities… not recently though. Now, EVERY(I’m not exaggerating) company that I’m looking to open a position in is available on utex.

    Positive
    • They increased leverage from around 30 to 100 recently. Before I thought that 30 is way more than I need but the more I traded the more I realized that I was craving for more. Well, who would've thought that utex were listening to our struggles and blessed us with a 3x upgrade!
    • The support teams also became more responsive over time. They were a tiny bit on the slower side when they just started out, so it's nice to see their services actually improving
    Minuses
    • It's hard for me to find something to complain about here, as I wouldn't be able to trade if it wasn't for the platform. But something that I think everybody should be aware of is that holding your positions overnight is not free and has a certain cost. That cost mostly depends on your leverage as well as some other factors, which are not very clearly explained. So that's my first point - make the pricing model clearer please
    • Plus I think the simple trading mode is not very comfortable to use. If you decide to try it out, I suggest you to avoid it and use the pro mode instead as it is much more convenient
    Reply to a review
    I recommend it

More honest opinions from real people about the company UTEX

  • Robert Baker 2 years ago
    5
    Rate your review 0
    -1
    1

    Not a bad exchange during sanctions

    I would like to share my review of trading on the UTEX exchange. I found out about the exchange relatively recently, in 2022. For me personally, it turned out to be the only decision after the blocking of the main known brokers. I trade in akitions, US fund. That's why I found such UTEX. It is a very... Read more
  • Mogamat Malatji 2 years ago
    5
    Rate your review 0
    0
    0

    UTEX - hesitated for a long time at first, tried it and I don't understand where I was before

    I have always treated shares for crypto so badly. After all, a fund is a fund, crypto is crypto. But I decided to give it a try. Everything goes quite competently. Help from support... Everything is withdrawn on time and without delays Friendly interface, with which even a beginner can easily understand... Read more
  • Yolac Onarici 2 years ago
    1.5
    Rate your review 0
    0
    0

    Russian broker

    Well, what else should we expect? The creators of UTEX seem to be young and motivated, but the Russian mentality is unbreakable.
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Company review statistics for UTEX
4.2
33 reviews
85%15%
Exchange Commission
83%
Transaction speed
83%
Reliability
86%
Technical support
86%
The company in the ratings
RatingPlace
CCryptocurrency Exchanges
80/250
MMajor cryptocurrency exchanges
43/62
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