UOB Kay Hian (UTRADE)

UOB Kay Hian (UTRADE) is a Singapore-based forex broker and multi-asset provider offering currency trading via its UTRADE platform with broad market access, integrated research, and straightforward tools. It has an established regional presence and a platform built for clarity and usability.

Key facts

8/10
Our rating
#90
Trust rank
1970
Founded
6
Licences
7
Countries accepted
HeadquartersSingapore
Broker typeMarket Maker
RegulationFCA; MAS; OJK; SC; SEC; SFC
PlatformsProprietary
InstrumentsCommodities, Forex, Indices, Metals
Fee levelMedium

Updated

Pros

  • • MAS-Regulated (Singapore)
  • • SGX-Listed, Established Broker
  • • Multi-Asset UTRADE Platform
  • • SGD Accounts & Local Funding
  • • Segregated Client Funds
  • Cons

  • • Limited country availability
  • • Lower leverage (MAS-regulated)
  • • Limited FX pair selection
  • • Limited payment methods (bank transfer-focused)
  • • No 24/7 customer support
  • Key Features

  • • MAS and SFC regulation and segregated client funds
  • • FX CFDs on major and minor currency pairs with MAS compliant leverage
  • • UTRADE web and mobile platforms with advanced charting and real time data
  • • Two factor authentication and secure encryption
  • • In house research economic calendar and price alerts
  • • Backed by SGX listed UOB Kay Hian and local bank funding
  • How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

    See something wrong on this page?

    Report an issue with this broker listing

    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

    Affiliate disclosure: Some links are affiliate links. We may earn a commission if you sign up, at no extra cost to you. This helps keep BrokerCatalogue running and does not change how we rate or compare brokers.

    Frequently Asked Questions

    UOB Kay Hian (UTRADE) is a licensed broker in its home market. It follows rules on conduct, capital, and reporting. Your trading funds are usually kept in separate client accounts, apart from the firm's money. This setup helps reduce mixing if the firm has issues. It does not remove market or operational risks. You should read the latest client agreement and risk notices on the broker's site before you open an account. This is general information only and not advice.

    You can access forex on a range of currency pairs, subject to your country, account type, and platform. Trading uses margin and lets you go long or short. You can place market, limit, and stop orders and set price alerts. Trading hours follow the global forex session, though maintenance windows can apply. Product terms, leverage limits, and risk controls depend on your local rules. Review the product disclosure and margin policy before you trade. This is general information only and not advice.

    You can trade through web and mobile platforms, and some accounts support desktop terminals. You get live quotes, interactive charts, indicators, watchlists, and order tools. Features can differ by platform and account. Advanced options like automated strategies or APIs may need a specific setup. Try a demo environment when available to test orders and risk settings before using real funds. This content is for general information only and not advice.

    Your total cost can include the spread, a commission if your account uses one, and overnight financing on open positions. You may also pay currency conversion fees, platform or data charges, and bank fees for deposits or withdrawals. An inactivity fee can apply under some plans. Costs vary by instrument, account type, and platform. Review the current fee schedule and terms on the broker's site before you trade. This is general information only and not advice.

    You apply through the firm and provide identity and address documents. Suitability and knowledge checks may apply under local rules. Corporate or joint accounts need extra documents. You fund by bank transfer or other supported methods; third‐party payments are usually not accepted. Withdrawals typically return to your source account and can take time due to checks. Processing steps and any fees depend on the method and your bank. This is general information only and not advice.

    Still comparing?

    See our full list of forex brokers and find the best fit for you. Use our forex broker comparison tool or visit all brokers page.

    Share this review

    Help other traders choose wisely.