Online investing platforms have made trading in financial markets more accessible than ever before. Selecting a brokerage is the first step towards starting your trading journey. These online platforms function as gateways into the financial system by connecting buyers and sellers to facilitate transactions.
Choosing the right broker is crucial as it impacts the fees you pay and the trading tools at your disposal. As interest in trading and investing grows, it is now more important than ever to open an account with a reputable broker.
In this review of UIITN, we will evaluate one of the top brokerages currently operating and assess the advantages and disadvantages of trading with them. Let’s begin.
What is UIITN?
UIITN is a global platform that offers trading services. As one of the world’s leading brokers, UIITN offers a wide range of products to clients in over 50 countries across the globe. After its founding, this AU-based brokerage quickly expanded its operations throughout Europe and the Asia-Pacific with fantastic results.
While no brokerage is perfect, with a comprehensive product line, competitive fees, and a whole host of features, UIITN offers one of the best overall brokerage services in the Forex trading market today. In fact, UIITN is considered by some an excellent online broker for advanced traders looking to trade forex.
Pros
Easy-to-use platform
Fast account opening process
low cost with zero spread
A variety of products: spot, forex, and cryptocurrencies
Great customer support
Cons
You can only deposit via crypto
Fees could be smaller
Market Research:
While UIITN has made progress in its investment research, it still has room for improvement compared to industry leaders such as CMC Markets, Saxo Bank, and IG. UIITN has introduced daily articles and webinars covering market analysis and commentary, but lacks integrated forex news headlines. Although there are notifications that resemble headlines, they are less frequent than what top brokers in this category offer.
One promising feature is UIITN’s new +Insights module, which now includes Trader’s Trend and other statistics based on client data. This offers traders meaningful insights beyond the typical market sentiment data provided by most brokers.
Research Overview: The UIITN web trading platform’s research consists of client sentiment data and an economic calendar powered by Dow Jones with links to Yahoo Finance for each trading symbol. There is no technical or fundamental analysis, and no news headlines.
Market News and Analysis: UIITN’s daily News and Market Insights category includes good quality reporting, though the content primarily focuses on fundamental analysis and lacks charts and technical analysis. UIITN has recently added its Global Trends feature, which uses data from Trading Central to summarize news volume, sources, and crowd sentiment data. Global Trends can be found within the +Insights panel on UIITN’s web platform.
Alerts: UIITN’s alert features allow for both precision and creativity in tracking data, including alerts on percentage changes within client sentiment data. This is an imaginative addition, and a step above basic price alerts found on other platforms. It would be great to see UIITN offer alerts for indicators in the future.
