Information about the financial intermediary “UTLC”
The company “UTLC” positions itself as a premium, convenient, and efficient financial intermediary, officially registered in Austria at the address: Wagramer Str. 5, 1400 Wien. However, the lack of registration documentation raises doubts about the actual country of registration.
The official website of the company utlc-trading.pro is available in Russian. The information on the main page is presented as follows:
“UTLC” does not have licenses, registration documentation, or internal documents, including “Terms of Use” or “Privacy Policy,” which raises uncertainty about the reliability and legality of the company’s activities.
Advantages of “UTLC”
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Easy account opening.
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Best trading conditions and access to a wide range of assets.
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Qualified support service available 24/7.
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Instant trade execution.
To verify the claimed advantages of the company, it is recommended to read real reviews about “UTLC.”
Contact with company representatives is available through phone, email, and a feedback form. Links to social networks are absent.
Trading conditions of “UTLC”
According to the financial intermediary’s information, clients can trade over 100 assets, including currency pairs, cryptocurrencies, stocks, indices, precious metals, and commodities. Access to some assets is possible upon opening a certain type of account. The company offers three account options:
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Beginner. From $150.
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Experienced. From $1000.
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Professional. From $10,000.
All traders have access to a leverage of 1:100 regardless of the account type. Trading CFDs on cryptocurrencies and precious metals requires opening an “Experienced” or “Professional” account. Deposit insurance is provided only for these account types, and personal support is available only for “Professional” accounts.
No provision is made for opening a demo account to familiarize oneself with the platform, which is surprising considering the lack of information on trading conditions on the intermediary’s official website.
Account funding and withdrawal from “UTLC”
Information about deposit/withdrawal methods remains minimal. Representatives of “UTLC” claim the possibility of using various payment methods, including bank cards and cryptocurrency wallets, but a specific list of supported payment systems is not provided. Conditions for crediting funds, limits, and commissions are also not specified.
Conclusion
The company “UTLC” is an intermediary without official registration, license, or internal documents. Most of the claimed advantages of the company require additional verification. Among the objective advantages, a wide selection of assets and a low minimum deposit can be highlighted. However, the drawbacks, including the complete absence of legal information, lack of a demo account, and numerous hidden cooperation conditions, cannot be ignored. Reviewing feedback about the company “UTLC” is a necessary step for potential clients.