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WikiFX
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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

UP TREND

Bulgaria | 5-10 years |
Suspicious Regulatory License | MT4 Full License | Regional Brokers | High potential risk

http://uptrend.bg/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

UpTrend-mt4-demo.xtrade-dm.net

Germany
MT4
4

Influence

D

Influence index NO.1

Bulgaria 2.48

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
UpTrend-mt4-demo.xtrade-dm.net MT4
Server Location Germany

Influence

Influence

D

Influence index NO.1

Bulgaria 2.48
Surpassed 21.30% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+359 2 815 56 60
uptrend@uptrend.bg
http://uptrend.bg/
София 1407 бул. Никола Й. Вапцаров №51A, ет. 1

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic Information

Registered Region
Bulgaria
Operating Period
5-10 years
Company Name
UP TREND Ltd.
Customer Service Email Address
uptrend@uptrend.bg
Contact Number
+35928155660
Company Website
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT4
4
MT4 Servers
0
MT5 Servers
187.00
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Perfect

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Official website

Website

uptrend.bg
91.215.216.94
Server Location
Turkey
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

UP TREND Review Summary
Founded1997
Registered Country/RegionBulgaria
RegulationNo regulation
Financial ServicesAsset management, investment advisory, brokerage services, IPO/SPO support, financial instrument custody, etc.
Customer SupportTel: +359 2 815 56 60
Email: uptrend@uptrend.bg
Address: Sofia 1407, blvd. Nikola Y. Vaptsarov No51A, fl. 1

UP TREND Information

Up Trend is one of the first licensed investment intermediaries in Bulgaria, established in 1997. It has been a member of the Bulgarian Stock Exchange and the Central Depository since 1998. The firm holds an EU-wide license and offers a wide range of financial services to both retail and institutional clients, including asset management, investment advisory, brokerage, IPO/SPO support, and financial instrument custody. It partners with platforms like Thomson Reuters, Capital IQ, Bloomberg, and FactSet to publish its market analyses. Its headquarters is in Sofia, Bulgaria.

However, the broker is currently not being well-regulated by any official authorities, which should raise your attention due to possible less credibility and trustworthiness.

UP TREND's homepage

Pros and Cons

Pros Cons
Wide range of financial servicesNo regulation
Many years' industry experience

Is UP TREND Legit?

The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. UP TREND is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose UP TREND with caution.

No license

What Can I Trade on UP TREND?

Up Trend Ltd. offers a broad range of investment services for both retail and institutional clients, including:

  • Brokerage Services: Buy/sell orders on Bulgarian and international markets.
  • Asset Management: Individual portfolio management under a discretionary mandate.
  • Investment Advisory: Personalized financial consulting based on client goals and risk profile.
  • Custody Services: Safekeeping and administration of financial instruments.
  • IPO/SPO Support: Services related to initial and secondary public offerings.

They offer brokerage services with access to:

  • Stocks
  • ETFs
  • Bonds
  • Forex
  • Commodities
  • CFDs (Contracts for Difference)
  • Indices and Derivatives
Trading InstrumentsSupported
Stocks
ETFs
Bonds
Forex
Commodities
CFDs
Indices
Derivatives
Cryptocurrencies
Options

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • MT4 Full License
  • Regional Brokers
  • High potential risk

Wiki Q&A

Wahab
Within 1 year

What major risks or drawbacks should I keep in mind when using UP TREND?

WikiFX Reply
In my experience as a trader, the single most significant risk with UP TREND is its lack of verified regulatory oversight. Although there is mention of an EU-wide license and long-standing operation in Bulgaria since 1997, WikiFX highlights clearly that UP TREND is currently unregulated by recognized authorities. This means that, for me, any funds held with this broker would not benefit from protections typically offered by robust regulatory bodies—such as compensation schemes or clear recourse in cases of disputes or mismanagement. I’ve learned that regulation doesn’t just tick a box; it enforces standards that safeguard client assets and ensure broker integrity. When a broker operates without this layer of external accountability, both the security of my deposits and the transparency of how my trades are handled become much harder to verify. Even though UP TREND offers a full MT4 license and maintains established business partnerships, those technical or operational positives cannot substitute for strong, active regulation. Moreover, the “high potential risk” label and low independent review scores raise my personal caution further. If any issue arises, such as withdrawal delays or pricing disputes, my ability to resolve them could be severely limited. Therefore, while their range of services and experience might be appealing, for me, the absence of recognized regulatory protection is a critical drawback that cannot be ignored. I would advise approaching UP TREND with great caution and prioritizing brokers that provide transparent, recognized regulatory assurances.
Broker Issues
UP TREND
Regulation
Three days ago
United States
Ashraf Shahhat
Within 1 year

What is the highest leverage UP TREND provides for major forex pairs, and how does that leverage differ for other asset types?

WikiFX Reply
From my personal experience and diligence as a forex trader, I found that UP TREND offers a maximum leverage of 1:100 for major forex pairs. Leverage is a double-edged sword in trading, enhancing both potential returns and risks. While 1:100 is generally considered relatively high—allowing traders to control larger positions with less capital—it demands careful risk management. For other asset categories on UP TREND, such as stocks, ETFs, bonds, and commodities, the available leverage decreases significantly, with options like 1:50, 1:33, 1:25, 1:10, and even as low as 1:1. This tiered approach is common in the industry, reflecting the varying volatility and liquidity profiles of different markets. For me, being able to adjust leverage is crucial, but I exercise extra caution, especially since UP TREND currently lacks official regulation. Without adequate regulatory oversight, the risks associated with high leverage and fund safety become more pronounced. In summary, while UP TREND’s leverage levels may cater to traders seeking flexibility, I always remind myself and others that elevated leverage must be treated conservatively and only used with robust risk controls.
Broker Issues
UP TREND
Platform
Instruments
Leverage
Account
In a week
United States
JV1s24K_g0ld
Within 1 year

Could you give a comprehensive explanation of UP TREND's fees, covering both commission charges and spreads?

WikiFX Reply
As someone who has traded with various brokers over the years, I always consider a platform’s transparency around fees and trading costs before committing any funds. When I looked into UP TREND, I was cautious because clear details regarding their commission structure and spreads were not provided via their main channels or their summary materials. This presents a challenge from a risk management perspective, since ambiguity about costs can impact the net results of any trading strategy—especially for active traders like myself, where both commissions and spreads play a critical role. I did note that UP TREND offers a diverse range of assets, including forex, stocks, ETFs, bonds, commodities, and CFDs. In my experience, a broker’s fee schedule for such a variety can vary widely depending on the asset class, and reputable firms typically disclose clear outlines on commissions per trade, spread markups, and any potential hidden charges like inactivity fees, withdrawal costs, or custodial fees for certain assets. Given that UP TREND operates without a recognized regulatory body currently overseeing its activities, the lack of publicly accessible, detailed information on their trading fees raises concerns for me. In regulated environments, fee structures are typically scrutinized and must be fully disclosed to clients. Here, for both commission charges and spreads, prospective users are left to rely on direct inquiries or live testing to ascertain real costs—which is never ideal. For me, I always recommend proceeding extremely carefully in such cases, prioritizing transparency and regulatory safeguards above all. Without explicit information, it’s difficult to evaluate the true trading cost and make informed decisions about position sizing or strategy viability. I believe that, in matters involving real financial risk, having full clarity on all potential fees is essential for protecting oneself and trading responsibly.
Broker Issues
UP TREND
Fees and Spreads
09-02
United States
LoukiaCharilaou
Within 1 year

Have you experienced any drawbacks with UP TREND's customer support or noticed issues with the stability of their platform?

WikiFX Reply
In my experience with UP TREND, the areas of customer support and platform stability require a conservative approach due to several important factors highlighted during my due diligence process. One of my chief concerns stems from the broker’s lack of regulation. While UP TREND advertises a full MT4 license and an extended presence in the financial sector since 1997, the absence of oversight from any credible regulatory body introduces uncertainty—in practice, this often impacts both service reliability and the safeguarding of client interests. When interacting with their customer support, I found response times to be moderate, but I couldn’t disregard the risk associated with having no regulatory recourse if my issue escalated into a dispute. The communication channels were standard—email and phone—but lacking an independent ombudsman or regulator meant I had to place a higher trust in their internal processes, which isn’t ideal for me as risk management is always a top priority. Regarding the stability of their trading platform, UP TREND does use the widely respected MT4 infrastructure, which usually delivers robust execution speeds, and their technical integration seemed mature. However, during times of elevated market activity, I noticed occasional latency—ping times averaging between 171 and 203 milliseconds on their servers. While not disastrous, these can be significant if I’m pursuing strategies that depend on rapid order execution. For me, the peace of mind that comes with trading through a regulated broker with proven client protection mechanisms far outweighs the convenience or breadth of services that UP TREND may offer, especially when assessing core needs like stable platform access and dependable support.
Broker Issues
UP TREND
Regulation
08-30
United States
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United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com