Newsletter
[mailpoet_form id="1"]

Will send a newsletter once per week.

News

US Dollar Rises on Good Friday As Economy Creates 916k New Jobs in March

The US dollar strengthened during the Good Friday trading session, driven by a better-than-expected jobs report. The US economy saw the largest number of new jobs in seven…

Target at 112.07 for USD/JPY

The United States dollar versus the Japanese yen currency pair seems to have eyed the 112.07 level. Are the bears interested in turning the market around from…

USD/CAD Rises amid Higher Initial Jobless Claims, Falling Bond Yields

The US dollar was mixed against its major currency rivals on Thursday following a disappointing initial jobless claims report. After a decent performance so…

United Traders Review

This is a prop trading platform allowing traders to get direct access to the US Stock market. This is an unregulated company but they are not brokers. United Traders offers access to the four most popular US markets such as NYSE, NASDAQ, AMEX, BATS.

Trading platform and conditions

UT offers its own Aurora platform which is suitable for trading on US and Russian Stock markets. This platform contains all necessary tools including analysis instruments, comparing features (meaning that you can compare two or more assets on the same chart. Tradingview has the same functionality, by the way).

Additionally, United Traders offers several platforms including Pair Trader, Fusion, Sterling Trader, Laser Trader, and Volfix.net. All those trading terminals are known in the world of investment.

As for the conditions, you can start with 300USD choosing the Beginners’ account. There are also two more account types that require higher initial investments but offer more interesting tariffs.

United Traders

Education and Analysis

It is hard to find a broker nowadays who offers no education materials to his traders. United Traders has prepared a special course for the beginners to provide them with the most updated data on financial markets and trading.

Here you can find everything you want to learn about day trading, scalping, and other trading styles and strategies. There are also trading accounts for training that allow you to practice all your knowledge you have received during your studies.

As for the analysis and market research, we have found nothing on their official website. It is sad as many other companies try to offer as much as they can.

Official website review

The website is user-friendly and looks modern. Thre is everything a trader needs there except research materials, which we have mentioned in the previous part of this review.

United Traders

Testimonials

There are no comments coming from English speaking traders, but there lots of opinions from the Russian speaking community. They mention that the company has no license to conduct its activities on the Russian exchange. According to some traders’ investigations, the company is registered as LTD in Russian but once you open your account your money is transferred to another company located on the British Virgin Islands.

If you have already had some experience with this company, please, do not hesitate to provide our readers with details. Leave your comments about the quality of services and the reliability of this prop trading company.

Advantages and disadvantages

Those who have opened their account here may benefit from the following:

  1. Several trading platforms including their proprietary aurora terminal.
  2. Rich education program.
  3. A demo account is available for all traders.
  4. The possibility to stay with the company and trade there once you have graduated from their school.
  5. Low entrance amount. You can start with 300USD only.

As for the disadvantages, they are the following:

  1. No regulation at all.
  2. No analytics, no market research.
  3. No guarantee that you will be included in their traders’ pool.

United Traders

Conclusion

United Traders is not another broker but a prop trading company. It offers a large number of financial instruments including the biggest US Stock markets. This company has no regulation and it is registered as LTD. There are many negative opinions in the Russian community about their experience of working with United Traders.

    2 Comments on “United Traders”

    Your email address will not be published. Required fields are marked *


    David May 29, 2020 at 19:05 Replay

    They have told that this is not their fault but guys let’s be honest, you are drawing charts like you want to steal your clients’ money! This is a general opinion about this company.

    Jared Mar 04, 2020 at 16:03 Replay

    I’ve been trading here for a year or something. Nice trading conditions combined with high-quality platforms. This is great. I recommend this broker to the others. Withdrawal is fast and there are many payment methods.