Is UIITN platform a black scam? Is it safe?

UIITN is a platform that many investors consult, but it is not very well known on the internet. However, it is difficult to find information about them online. Due to public image, many investors in the entertainment and sports industries prefer to keep their investment activities low-key. Furthermore, their professional financial market analysis does not seem to require them to promote their level of fame on the internet.

Therefore, some readers hope that I can write an evaluation and introduction about UIITN. I have also heard of and roughly understood this platform before. In order to write this article, I have spent a lot of effort on research and verification, hoping that this article can help everyone understand UIITN.

Is UIITN platform safe? Comprehensive evaluation of UIITN.

Overview

UIITN is a CFD trading platform for contracts for difference, originating from Australia. The CFDs cover trading instruments such as forex, commodities, and cryptocurrencies. The company is headquartered in Australia, with offices located in New South Wales, and also has a subsidiary in the United States.

You can quickly understand the main features of UIITN from the following information:

Regulatory status: ASIC (Australia).

Trading level: average.

Account inactivity fee: charged, but logging into the account will not count as inactivity.

Fund withdrawal fee: 0 fees.

Minimum deposit: $100 USD.

Leverage: 1:100.

Account opening speed: 24 hours.

Only supports cryptocurrency deposits. (Lower fees)

Supports demo account.

Tradable instruments: forex, commodities, cryptocurrencies.

Regulation and Security

UIITN is authorized and regulated by the Australian Securities and Investments Commission (ASIC) (regulatory number: 299900). “UIITN” is a registered company in Australia (company number: 126495609), specializing in CFDs (Contracts for Difference) for commodities, cryptocurrencies, stocks, and forex.

Regarding fund protection

  1. UIITN does not use client funds for hedging, investment, or any commercial purposes.

2. All client funds are held in separate client bank accounts.

3. UIITN does not engage in market speculation.

4. UIITN has no corporate or sovereign debt risk.

Overall, UIITN’s safety and regulation are well done, which reflects their effort in ensuring fund safety. Therefore, clients can be reassured in terms of safety.

Note: CFDs are complex derivative investment tools, and on various CFD platforms, approximately 70%-80% of clients experience losses. Therefore, investors should be cautious when investing on CFD platforms until they fully understand the operational principles of CFDs. UIITN appears to offer professional analysis services, but investors should also be cautious when investing.

Is UIITN good to use? What are its pros and cons?

As our regular readers may know, there is no perfect platform that suits everyone. When choosing a trading platform, it’s best to consider your actual financial situation and needs.

Overall, UIITN is easy to use, with a relatively simple interface. It supports both PC and mobile web pages, and like most CFD platforms, it does not have a PC client, but this does not have a significant impact.

The account opening process and materials are relatively simple, and the speed only takes one day.

The customer service is excellent, with support for Chinese, English, and Japanese, with quick response and high professionalism. The only downside is that it does not support German.

However, UIITN is lacking in trading varieties, as it only provides CFD trading for commodities, cryptocurrencies, stocks, and forex. The range of tradable instruments is somewhat limited. The investment research tools provided by the platform are also relatively simple, lacking many basic data, which means advanced research and analysis are not available.

In terms of fees, UIITN is not expensive, but it is also just average.

UIITN is suitable for those who require frequent withdrawals, feel more secure with a regulated broker, and are willing to accept pure CFD trading.

Advantages:

Easy-to-use platform

Fast account opening process

Demo account available

Low costs, zero spreads

Strong customer analysis and advice support

Good customer service with timely response and high professionalism

High level of security

Instant fund withdrawal with T+0 settlement

Disadvantages:

Limited trading instruments.

Only supports USDT deposits.

Limited investment research tools.

UIITN Fees:

In terms of fees, UIITN offers no withdrawal fees, making it suitable for those who require frequent withdrawals (although your receiving bank and intermediaries may still charge a fee, so frequent withdrawals may not be recommended). UIITN also charges an account inactivity fee, but this fee is only charged when you do not log in to your account for an extended period of time, so it’s not necessary to know the exact amount. As long as you continue to trade, even if it’s just using the demo account, or checking the market trends, you won’t be charged this fee. If you do not intend to use your account anymore, it’s best to close it to avoid unnecessary fees.

In terms of trading costs, UIITN is relatively cheap, as it provides many professional services.

Leverage:

The leverage available for retail accounts is between 1:1 to 1:100. When purchasing orders, it’s important to carefully analyze market risk control to ensure smooth trading.

Demo Trading:

UIITN provides a demo trading feature, allowing you to familiarize yourself with the platform before using real money. The operation of demo trading is identical to real trading, and there are no time limits on the use of demo trading. As a useful tool for beginners, the demo trading mode does not require identity verification, and you can start using it by simply registering.

Conclusion:

Overall, UIITN inherits the excellent traditions of CFD platforms, with a wide coverage of tradable markets, a user-friendly platform, and a fast account opening process. UIITN also has its unique advantages, such as 0 withdrawal fees and top-tier financial regulation. However, it is limited in terms of investment analysis tools. Overall, it is still a very good platform.

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