United Kingdom Commodity Derivatives Association has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 14 Upper Bank Street Canary Wharf Poplar London E14 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: ukcda.org.
I am in a dispute with United Kingdom Commodity Derivatives Association over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Demo account available|Quick verification|Detailed reporting|Good mobile app
Cons: Limited social trading features
I experienced a security concern with my United Kingdom Commodity Derivatives Association account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Personal attention|Fast support response|Regular updates
Cons: None so far
Do not believe the bonus offer from United Kingdom Commodity Derivatives Association. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a blog post comparing services and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Two-factor authentication|Multiple order types|Dividend tracking|Segregated accounts
Cons: Mobile app could be improved
I wanted to transfer my portfolio from another broker to United Kingdom Commodity Derivatives Association. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: No hidden fees|Clear documentation|Fast execution
Cons: No dark mode on mobile|Minimum deposit could be lower
The so-called education at United Kingdom Commodity Derivatives Association is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about ten months thinking they would help me learn.
Pros: Fast deposits|Easy withdrawals|Excellent charting
Cons: Onboarding videos are outdated|None so far
I signed up with United Kingdom Commodity Derivatives Association through a financial advisor and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: High security standards|Regular platform improvements
Cons: Search feature is basic
I had a dispute with United Kingdom Commodity Derivatives Association and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Fast execution|Good mobile app|Full transparency
Cons: Research section could be deeper
I closed a profitable position at United Kingdom Commodity Derivatives Association and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Professional team|Easy withdrawals|Multi-device support
Cons: Mobile app could be improved