Advantages of UTEX—Margin
Short Positions
Short selling allows user to profit from a downward market which is quite actionable amid the high volatility in stock prices and cryptocurrencies
Built-in risk management
The system automatically closes user’s positions in the event of very high loss or lack of funds in the account
The opportunity to get a much bigger profit
You can use 30x more money for deals than you have in your account
High liquidity and narrow spreads
A narrow spread allows user to make large deals without the fear of breaking down a price level
U.S. stocks and crypto
Access to thousands of instruments: U.S. stocks, ETFs and cryptocurrencies
Exclusive rates
Exclusive rates for active users with a high turnover
U.S. stocks and crypto
There are now more than 7,000 U.S. stocks, ETFs and cryptocurrencies available on UTEX—Margin. Gradually, we plan to add other asset classes to the trading service.
You can choose between two markets: U.S. stocks and cryptocurrencies. It offers 30x leverage, long and short trading. Each market has its own balance, buying power and position – they don't overlap.
U.S. Stocks
Trading cash-settled futures on U.S. stocks. Access to 4 markets: NYSE, Nasdaq, AMEX, BATS. Selection of 7000 stocks and ETFs. ETFs are great if you want to invest at once in an entire industry or, for example, in gold. The currency used to deposit, trade and withdraw is Tether (USDT).
Cryptocurrencies
trading cash-settled futures on the most popular coins. There are currently 44 cryptocurrencies available, and their number will grow. The currency used to deposit, trade and withdraw is Tether (USDT).
Trading with leverage
UTEX—Margin offers 30х leverage, meaning that every user can make deals in the amount of his deposit multiplied by 30 times. The platform provides users with additional funds while their deposit serves as security (margin).
Short positions
You can profit from the spot section of UTEX only if the price of the bought assets grows. UTEX—Margin allows you to trade against the market – with the help of short positions. Short selling lets you profit off dropping prices: you borrow stocks and cryptocurrencies from the platform with the intent to return them at a lower price. No additional fees are charged for short positions.
Risks
Margin trading allows you to make much higher profits than spot trades, however, it is much riskier. Therefore, we recommend using this service only if you possess strong trading, risk management and market analysis skills. In addition, we try to somewhat reduce the risks for users by applying the system of automatic positions closing in the event of a large loss. This prevents users from losing all of their money and running “in the red”.