|Broker Type: ||CFD|
|Country: ||United Kingdom|
|Operating since year: ||2002|
|Address: ||12 Hammersmith Grove, London|
|Trading platforms: ||Web Based|
|Trading platform Time zone: ||GMT+1|
|Demo account: ||NO|
|Mobile trading: ||YES|
|Web-based trading: ||YES|
|Other trading instruments: ||YES|
|Minimum deposit ($): ||$250|
|Maximal leverage: ||1:400|
|Scalping allowed: ||NO|
|Payment methods:||Crypto Assets
|Account types: ||Silver: min deposit $10,000, Gold: min deposit $50,000, Platinum: min deposit $100,000, VIP: min deposit $250,000+|
- General Information & First Impressions
- Fund and Account Security
- The Trading Accounts
- The Uptrend Center’s Trading Platform
- Customer Service at The Uptrend Center
- The Uptrend Center Review: Conclusion
Broker Review: The Uptrend Center
General Information & First Impressions
The Uptrend Center is a new upscale brokerage aiming to make trading crypto and other assets readily available. It operates via CFDs, meaning there’s no underlying asset ownership. It also means that the broker can create a broad selection of trading products for its customers, increasing its overall versatility.
The Uptrend Center is a UK brokerage and operates from London. Its exact address is 12 Hammersmith Grove. As we know, brokers that work in the UK are more trustworthy than most offshore locations. That builds a solid foundation of trust for our The Uptrend Center review.
However, that’s not enough to come out with a positive first impression. Luckily, the broker does more in creating an accessible and quick website that’s simple to navigate. It’s quite precise when presenting information, limiting itself to the actual facts rather than showing fluff. That lowers the time you need to explore the broker and makes it easier for newer traders to learn.
It’s also worth mentioning that the broker is quite an established financial institution. It started operating in 2002, meaning it currently has two decades of operating experience. That goes a long way in terms of trust and proving its own quality, as a poor company likely wouldn’t stay in business for that long. That’s especially true in the brokerage sphere, which has cutthroat competition and constant innovation.
The broker goes along with the time and, in its current iteration, looks most fond of cryptocurrencies. As most newer traders are interested in crypto, that secures it a solid market position. All that leads to a positive first impression for our The Uptrend Center broker review.
Fund and Account Security
Safety is a significant concern with online services, especially those that specialize in finance, or even more precisely, cryptocurrencies. As such, you need to make sure the brokerages you frequent won’t try and drain your funds. Additionally, you also need a broker that’s adept at fending off cyberattacks, as they’re common in the cryptocurrency world. In our The Uptrend Center review, we’ll go over its crucial security and trust indicators.
As we mentioned earlier, The Uptrend Center is a UK brokerage, which lends it a good bit of credibility. Brokerages need to adhere to the laws of their local jurisdiction, which dictates their functioning. The UK is much stricter on brokerages than some other popular brokerage locations.
Beyond that, its experience is also a solid tell that the broker is among the safer companies. Scams can’t last too long because of numerous reasons. Since their reputation degrades rapidly, other competitors simply overtake them due to the word-of-mouth effect. Additionally, they usually get snipped by regulators after a short while. As such, the fact that The Uptrend Center has been running for twenty years distances it from malicious companies.
Lastly, there’s the entire way the broker sets up its platform and service. As it’s apparently made an effort to make everything abundantly clear, it again proves its trustworthiness. Companies that actually care about user experience aren’t scams by definition, as they attempt to nourish a solid userbase.
Lastly, we can also discuss the broker’s external security measures, such as its encryption and authenticators. While a lot of online safety is in the users’ hands, it’s still important for a broker to have those two measures. They allow its users to have much more control over their security and prevent potential breaches. Altogether, our uptrendcenter.com review of security had stellar results.
The Trading Accounts
Like with most brokers, you need to fund your account before you can do any trading. The broker asks for $10,000, which is to ensure that you have enough disposable income to actually be a trader. You can still trade with all the money you put in, so it acts more as verification than an actual cost. The actual account structure is based on different tiers achievable by depositing the required amount.
The second account requires $50,000, the one after that $100,000, and the final, VIP option sits at $250,000. These all are fairly hefty deposits, especially from users that may not be from the richest countries. However, none of the additional account types feel like an unavoidable upgrade. Instead, they’re there for luxury users that prefer benefits over the base account, which alone has fully potent trading capabilities.
The structure is solid in that it creates a fair trading experience across the board. While the higher account types do have numerous advantages, they aren’t overwhelming. Also, there’s the possibility of you naturally progressing to the type after the one you’re on currently just by continuously funding your trading habit.
The Uptrend Center’s Trading Platform
The platform at The Uptrend Center is, by all means, modern and effective. It uses web-based software, which makes it easy to access even when you’re not on your home device. And while some may prefer downloadable options, we’re confident in saying the Web platform doesn’t lose any functionality. Optimization-wise it’s also great, meaning it will run well even on slightly dated devices.
The platform itself allows for a good degree of customization, meaning it’s a great fit even for different kinds of traders. Furthermore, it has charting options and historical price data, which your technical and fundamental analyses.
You can fund the platform and your trading via crypto assets, such as Bitcoin, Ethereum, and Tether.
Customer Service at The Uptrend Center
As we said earlier in our The Uptrend Center review, it’s a customer-oriented broker. That includes customer communication, with 24/6 work hours. The extra day is meaningful in ensuring that even weekend traders can get help and lightens support workload, thus reducing response time.
The Uptrend Center is one of the old-school brokerages that actually managed to withstand the test of time. It did that by innovating to keep up with modern trends and trader inclinations. As a result, it’s one of the few brokerages that can brag about excellent customer treatment and trading conditions with full rights. Unlike most newer companies, it actually puts in the work to prove its worth to traders.
As is already likely clear from our The Uptrend Center broker review, we consider it a fantastic option. So if you’re in the mood to test out a new broker, don’t pass it by.