UTEX Reviews

4.6 Rating 36 Reviews

100 %

of reviewers recommend UTEX

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About UTEX:

UTEX is a trading platform that provides access to the US stock market. The exchange offers 10,000 stocks and ETFs, 100:1 leverage, built-in risk management, and the ability to deposit and withdraw in USDT.

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Will the bonus be bigger if my friend deposits more than $100?

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Asked by Dogu Mardin (4 weeks ago)

No, the size of the bonus is fixed and won’t be bigger regardless of the factors. I also questioned this myself, and told my friend to deposit $150, but i received only $100 just like him. But it’s actually a lot, i don’t know any other place right now that gives $100 in bonuses and also earn 30% commission fees from all of the trades taken from the referral that i bring. This is actually very generous, and it’s still works, so it’s time to lock in and take the advantage while it’s still possible.

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Answered by Ivan Loera (4 weeks ago)

Thats pretty interesting question that i didn’t really think about before. From my experience, i don’t think so. I have 5 active referrals at the moment that bring me $500, but i’m not sure what their deposits were (might be more than $100). For this reason, no, you will receive only $100, but can you really complain about that? I highly doubt it

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Answered by Sumatra (3 weeks ago)

Per the info I found in their trading channel, it’s $100 and more deposit to get additional $100. In short, whatever amount your friend is credited, the bonus will remain the same. It won’t get bigger… I wish I try this on my one to figure it out but I don’t have any friends who are interested in trading, sadly:((

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Answered by Damion Halvorson (1 week ago)

Utex platform is better for trading crypto or stocks?

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Asked by RufioM (1 month ago)

Both, because lets' say if trading crypto had some clear advantages over stocks, then nobody would have traded stocks, right? This is why Utex made sure it's equally comfortable to trade stocks and crypto, and this jus depends on your taste now.

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Answered by David Soto (1 month ago)

What is in your opinion better trading here, stocks or crypto margin?

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Asked by TepChat (3 months ago)

Hmmm🤔🤔 I think stocks are a better option here, only because they have a ton of different assets. I’m not sure how many exactly, but you can scroll there for a minute or two, and it feels like a never ending list. On the other hand, if you want to trade crypto, they offer not as many asset options. I mean they still have a variety other than ethereum and bitcoin such as trump coin, arbitrum and others, but still, the overall numbers are smaller. When it comes to trading conditions, i think you would be comfortable with both of them, as the fees are low.

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Answered by ViRamos (2 months ago)

Can you tell me a little bit about their trading modes and what’s unique about it?

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Asked by Pascual (4 months ago)

So you have margin trading for stocks and crypto. Also there is crypto spot and pre-ipo investing. What's uniquie is the conditions and the fees, the more you turnover the less you pay.

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Answered by Paz (4 months ago)

What is the difference between Crypto margin and spot trading risks and rewards?

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Asked by pietro (5 months ago)

Crypto margin can boost profits but also raise risks fast. Spot trading feels safer long-term. Depends on your risk tolerance!

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Answered by Enrico Hig (5 months ago)

Crypto margin is a highly risky type of trading for traders. You need to use leverage to trade volatile cryptocurrencies, and as a rule of thumb, all those cryptos can rise and fall by 20-30% in one day without any problem. As a result, many traders were liquidated, and not every one of them returned to trading. Crypto spot is a safer alternative, you can purchase real cryptocurrencies and hold them as long as possible like a real investor to expect the growth. You can even transfer all your cryptocurrencies from the Utex trading platform to your cryptowallet Metamask, Phantom wallet, Trust wallet and so on.

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Answered by Teo Rivas (5 months ago)