UpCFDs is a registered broker with a modern and innovative outlook and a European corporate headquarters. We recently tired them out and were offered a good choice of six account types and our account manager introduced us to the innovative UpCFDs trading platform. There is a choice of eight major asset classes that includes some of the world’s most volatile forex & cryptos, stocks, commodities, indices, bonds and ETFs. UpCFDs also has an above average education center and a user friendly account management system, backed up by highly professional 24/6 customer service.
UpCFDs is a registered broker that works hard to protect its traders. All the trading accounts are segregated and covered by the terms of UpCFDs strict privacy policy. The site and platform is protected by the latest Comodo SSL security protocols and traders have full access to expert account managers and 24/6 customer service.
We weren’t surprised to learn that UpCFDs is rapidly becoming a major broker with a loyal client base across Europe, and is also attracting traders from across the Middle East and Asia. It does not currently accept US and Canadian traders. The corporate offices are located in the Czech Republic and the Marshall Isles.
There is a flexible choice of six account types at UpCFDs, ranging from a Basic Account to an exclusive Black Account. These accounts are carefully designed to bring each trader the maximum benefits and opportunities to improve as an investor. You can begin at UpCFDs with a minimum deposit of just $250 and earn account upgrades as you progress. Each account type comes with special promos and some great trading tools.
Minimum Deposit – $250
UpCFDs accepts a good selection of payment methods. These include credit/debit cards, Jeton, Skrill, Neteller and VoguePay. Overall, deposit and withdrawal procedures are typical of any reliable forex broker. The exact conditions vary according to your account type, location and payment method. But UpCFDs doesn’t impose any surprise fees or charges for account management. We experienced fast money transfers and received our withdrawals in one working day. We recommend making deposits via credit/debit cards for greater convenience.
Deposit
It’s better to deposit via credit/debit card if you want to trade with your funds on the same day. Other payment methods may take a little longer to process, depending on the payment provider. But generally, the deposit process at UpCFDs is fast and convenient.
Withdrawals
Withdrawals at UpCFDs are usually processed within one or two working days, but can sometimes take longer. A great tip is to make sure that you supply all the required documentation – this can really speed the process up. Unlike some brokers, UpCFDs does not try to discourage clients from withdrawing their profits, We found the withdrawal process to be transparent and effective, and customer service and the account managers were keen to help.
The UpCFDs trading platform contains everything that you need for a flawless trading experience. We were immediately impressed by its intelligent design and simple, logical layout. There are enough advanced features to satisfy even professional traders and these are updated regularly. The moving indicators include sophisticated Bollinger bands, MACD, moving average, patterns, Japanese candles, pivot points and markets trends. There is also a really useful social trading feature and we found that the real time pricing, fixed spreads and risk management tools made a big difference to our trading.
We were quickly able to build a diversified portfolio with CFDs drawn from all the major asset classes. There is a great choice of volatile forex & cryptos, high performance stocks, energies, metals, indices, bonds and ETFs. Flexible leverage is available on all assets, which come with tight spreads and real time market pricing.
We checked out the UpCFDs education center and were impressed by the overall quality of the learning resources (which traders tell us are regularly updated). The video courses are short enough to be easily understandable and we liked the ebooks and the glossary. It’s worth requesting webinars because UpCFDs will arrange special ones if there is enough interest. The same applies to one on one training – it pays to ask!
We contacted UpCFDs customer service to make sure that it’s genuinely 24/6. They provided a fast response to phone queries and live chat. Email support is a little slower, but the quality of the assistance was excellent. The staff has a good knowledge of the technical systems and the account management processes and can quickly resolve any issues. We felt like we had excellent technical and account backup.
UpCFDs is not big on bonuses and promotions, but each account type does offer a welcome bonus. They prefer to reward traders with account upgrades and improved trading conditions, including tighter spreads and access to the latest trading technology. Serious traders should work closely with their account manager to get the very most out of their trading experience.
Trading on the UpCFDs platform was a real pleasure! It contains some good quality trading tools and analytics. The broker also provides exclusive position access, personalized trading strategies, and a range of daily reports, price alerts and market reviews. These made a real difference to the quality of our trading and brought us some good opportunities that we’d probably have otherwise missed. The various tools build up to a very useful trading package.
PLUS:
UpCFDs is a top quality registered brokerage with a high tech trading platform, large asset index and excellent trader security. We really enjoyed the trading environment and can see a lot of potential for profitable investing. The education center is above average, and deposits and withdrawals are simple and convenient with a choice of payment providers and full transparency.
MINUS:
The brokerage needs to offer its services in more languages and could offer tighter spreads. There is currently no social trading.
Pros
Reliable EU registered broker
Good choice of assets
Effective customer service
Free demo account
Cons
Needs coverage in additional languages
No US and Canadian traders
No social trading
Minimum Deposit - $250
November 17, 2020 08:00
November 17, 2020 08:00
November 17, 2020 08:00
November 17, 2020 08:00
November 17, 2020 08:00
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