Background
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.
Protection & Security
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.
Global Presence
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.
Account Types
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
Deposits & Withdrawals
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.
Trading Platforms
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.
Markets & Products
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.
Edcuation Center
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!
Customer Service
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.
Promotions & Offers
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 Tools & Research
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.
Overall Summary
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 & Cons
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
UpCFDs
Protection & Security
★★★★★ 5/5
Global Presence
★★★★★ 5/5
Account Types
★★★★★ 5/5
Deposits & Withdrawals
★★★★★ 5/5
Trading Platforms
★★★★★ 5/5
Markets & Products
★★★★★ 5/5
Edcuation Center
★★★★★ 5/5
Customer Service
★★★★★ 5/5
Promotions & Offers
★★★★★ 5/5
Trading Tools & Reaserch
★★★★★ 5/5
Minimum Deposit - $250
Recent Comments
Maria P.
November 17, 2020 08:00
5.0
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
5.0
Markets & Products
5.0
Education & Research
5.0
Customer Service
5.0
This is my first experience trading with a brokerage company, so there is not much to compare with other brokerages. But I can say that there were no issues during my trading. I invested about 3,000 Dollars and earned it back within 2 months. I’m not great with tech, but the platform is good for me. My account manager explained how to use the indicators and the rest of the trading tools on their website. I read some of the ebooks and watched the trading tutorials. Once I got started, I get to know and understand it very fast.
Pros
Cons
Good trading films and ebooks
Had to keep asking to get a webinar place
Trading is profitable if you are systematic
I would be happy to get more bonuses
Very patient account manager
-
Caroline W.
November 17, 2020 08:00
5.0
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
5.0
Markets & Products
5.0
Education & Research
5.0
Customer Service
5.0
The brokerage is amazing! I can say so because I went through 8 online brokers where there was no training and no opportunity to work with an account manager or take part in webinars or 1-on-1 training. There’s loads of support here. As far as the minuses go, it can take a few days to withdraw funds, if you didn’t send all relevant documents – which isn’t always convenient. With UpCFDs I’ve found my way to success and made an amazing profit of $2,452 in just 2 days!! I recommended.
Pros
Cons
My account manager is a star
Need more information on earnings seasons
Analytics and charts are perfect for trading
-
Need more languages
Customer service really good
Mohammed A.
November 17, 2020 08:00
5.0
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
5.0
Markets & Products
5.0
Education & Research
5.0
Customer Service
5.0
I have been here for four months and I can truly say that everything you need is right there on the trading platform. I signed up here from another broker where I didn’t have such good experience. Currently, I’m trading between 1-2 hours a day and more at the weekend. I’m making nice profits. two things I really liked was that my account manager said he saw I was serious and diligent about trading and offered me an account upgrade with no charge.
Pros
Cons
Helpful account manager
I didn't find any problems yet
Easy to use trading platform
Good education center
Frank A.
November 17, 2020 08:00
5.0
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
5.0
Markets & Products
5.0
Education & Research
5.0
Customer Service
5.0
I spoke with my wife the other night about making some extra income on the web.
On the day after we started checking our options. I took the risk and decided to open a “Silver Account” with this broker. I had some cash on the side and was able to start trading in a short time. I was surprised! I couldn’t believe how easy and basic the entire trading process was. To make a long story short, I entered with $2,000, and today, Six months later, I am already with $8,255. I’m happy with my decion today.
Pros
Cons
Genuine choice of account types
Need more webinars for advanced traders
Enough assets to satisfy anybody
Need higher leverage on cryptos
Really good trading environment
Derrick K.
November 17, 2020 08:00
4.9
Protection & Security
5.0
Deposit & Withdrawal
5.0
Trading Platform
5.0
Markets & Products
5.0
Education & Research
4.9
Customer Service
4.8
I used to be an electricity student who had to pay his student loans and rent, and simply didn’t have enough funds. So, I started thinking about how can I get funds fast without spent my study time. That’s when I found this amazing broker that dealt with trading forex and indices online. I took all the funds I could risk with and decided to invest it in a trading account. 4 years later, I finished my studies succesffuly with an extra 41,000 in my bank account. A fresh start for my career.
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