Forex Brokers

Ustrade24

1.1 (12 reviews)
🇮🇹 Italy
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1.1
12 reviews
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About Ustrade24

Ustrade24 has been flagged by Commissione Nazionale per le Società e la Borsa for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Terms of service are one-sided

A
Amber B.
1 months ago

I have been trying to close my account with Ustrade24 for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Educational resources|Excellent charting|Two-factor authentication|Copy trading available

Cons: Limited social trading features

System failures and silence from support

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Hugo A.
3 months ago

Ustrade24 seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Intuitive for beginners|No hidden fees|Market news feed|Transparent fees

Cons: Wish they had more educational resources|Wait times can be long during peak hours

A nightmare experience

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Seth Z.
3 months ago

I referred a friend to Ustrade24 after reading several online reviews. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Automated trading options|Copy trading available

Cons: Research section could be deeper|No fractional shares

Rip-off dressed as a service

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Elizabeth I.
3 months ago

What really bothers me about Ustrade24 is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after attending a webinar they hosted and I fell for the polished exterior. Never again.

Pros: Fast deposits|Risk management tools

Cons: Limited demo account features

Requote on winning trades only

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Nicole M.
3 months ago

After spending for roughly four months trying to make Ustrade24 work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: No hidden fees|Excellent charting

Cons: Would like more payment methods

A cautionary tale

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Nora Y.
3 months ago

After using Ustrade24 since early this year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Professional team|Economic calendar|Instant funding

Cons: None so far|No fractional shares

Lost my investment - DO NOT TRUST

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Alice B.
4 months ago

I invested $5,000 with Ustrade24 after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Commissione Nazionale per le Società e la Borsa.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Proceed with extreme caution

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Sophia R.
5 months ago

I was about to invest with Ustrade24 but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commissione Nazionale per le Società e la Borsa has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Unauthorized firm|Found in IOSCO warnings database

Account locked for no reason

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Frank A.
6 months ago

The mobile app from Ustrade24 is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Clean UI|Regular platform improvements

Cons: Withdrawal takes 1-2 business days

Amateur hour at Ustrade24

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Alex J.
7 months ago

After for about eight months with Ustrade24 I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Competitive fees|Real-time alerts|High security standards|Transparent fees

Cons: Mobile app could be improved|Wait times can be long during peak hours