Uniquestocktrade is a contract for difference (CFD) broker with its official website domain registered on February 28, 2024. This broker primarily offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities, but does not provide services to countries or regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to public information on its official website (www.uniquestocktrade.com), Uniquestocktrade was established in 2016 and claims that its company entity is VLS, regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose detailed company registration or regulatory information.
Upon verification, no regulated company named "VLS" could be found in the records of the Australian Securities and Investments Commission (ASIC).
Thus, Uniquestocktrade (www.uniquestocktrade.com) appears to be a scam broker site with neither a legitimate company entity nor any regulatory oversight.
Account Opening Process
The process for opening an account with Uniquestocktrade involves visiting the broker's official website, clicking on "Open Account" on the homepage or "SIGN UP" at the top right corner of the page, filling in personal information such as name and email, setting a password, and submitting the form. Once the account is verified, the registration is complete.
Trading Instruments
Uniquestocktrade offers clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks, providing diverse opportunities and potential leverage benefits.
- Commodities: Commodity trading covers key global market resources, enabling traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to partake in the price fluctuations and dividends of public companies without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers enthusiasts the opportunity to profit from high-volatility digital assets.
Investment Plans
Uniquestocktrade offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: £500
- Minimum Expected Profit: £3,500
- Maximum Expected Profit: £5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
CLASSIC ACCOUNT:
- Minimum Deposit: £5,000
- Minimum Expected Profit: £45,000
- Maximum Expected Profit: £50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profits
PLATINUM:
- Minimum Deposit: £10,000
- Minimum Expected Profit: £99,999
- Full Benefits Package
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals per Day
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Use with Any Broker
Trading Platform
Uniquestocktrade offers a proprietary trading platform and claims an average order execution speed of less than 7.12 milliseconds, with comprehensive liquidity providers and over 12,000 orders executed per second.
Deposits and Withdrawals
Uniquestocktrade does not support deposits and withdrawals via credit card or bank wire transfers. Users can only conduct deposits and withdrawals through cryptocurrency.
Conclusion
Traderknows reminds investors that Uniquestocktrade is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.