Union Trust Paid

Union Trust Paid is a relatively new online trading brokerage that began operations in January 2024. The company lists its country of registration as Australia, yet its registered address is located at 3524 Silverside Rd Ste 35B, Wilmington, Delaware, USA. This discrepancy raises immediate questions about its regulatory status and jurisdictional oversight. The broker’s website presents it as a secure investment platform offering trading in multiple asset classes.

The brand name appears inconsistently across its own web pages, sometimes appearing as 'United Trust Paid' or 'Crystal Trust Fund,' which may indicate a lack of polished branding or possible rebranding efforts. Our editorial team cross-checked the domain uniontrustpaid.com and found it active but relatively new, with limited external presence. For traders, this lack of established history is a key factor to consider.

Our records indicate that Union Trust Paid holds no known regulatory licences from any recognized financial authority. Although the broker’s website claims to be 'strictly regulated by the relevant regulatory bodies,' we found no evidence to support this assertion. No mention of a specific licence number, regulator name, or jurisdiction is provided on the site.

This absence of verifiable regulation is a significant red flag for traders. Unregulated brokers operate outside the protections of compensation schemes and dispute resolution mechanisms typically provided by regulated entities. In FXCanary’s assessment, the lack of regulatory oversight places the burden of due diligence squarely on the trader.

Union Trust Paid offers a wide range of account tiers, from a low-entry STARTER account with a $50 minimum deposit to a MONTHLY account requiring $15,000. The account types include STARTER, CLASSIC, SINGLE CLICK, PREMIUM, ADVANCED, and MONTHLY. Notably, maximum leverage is not disclosed for any account type, leaving traders in the dark about potential risk exposure.

The minimum deposits are relatively high in the mid-to-upper tiers, suggesting the broker may target funded retail traders or high-net-worth individuals. However, without clear details on spreads, commissions, or leverage, comparing these accounts to industry standards is challenging.

The broker advertises trading in cryptocurrencies, stock indices, commodities, and forex. It also highlights a Covesting feature for copy trading, allowing users to automatically replicate the strategies of top-performing traders. This is a common offering among modern retail brokers.

No specific trading platform names (such as MetaTrader 4/5 or cTrader) are mentioned. The site appears to offer a proprietary web-based platform, as it includes login and signup links directly on the domain. The lack of platform details may be a concern for traders accustomed to third-party platforms with advanced tools.

For customer inquiries, Union Trust Paid provides an email address (support@crystaltrustfund.com), a US phone number ((732) 896-0829), and a physical address in Wilmington, Delaware. The support line is available on weekdays during business hours. A contact form is also available on the website.

The use of a different brand name in the email address (crystaltrustfund.com) is inconsistent and may cause confusion. Traders should verify contact details and test responsiveness before committing funds.

Based on the account tier structure, Union Trust Paid appears to target a broad range of traders, from beginners (STARTER at $50) to experienced high-volume investors (MONTHLY at $15,000). The inclusion of copy trading suggests an appeal to less experienced traders who want to follow professionals.

However, the lack of regulation and transparency makes it a high-risk choice, particularly for retail clients. The broker may also attract traders seeking unregulated offshore services, but this comes with inherent risks.

Neither fees nor leverage are explicitly stated on the website or in our known facts. The absence of this information is a major concern, as trading costs directly impact profitability. Traders should seek clarity on spreads, commissions, and any hidden charges before opening an account.

Without regulatory disclosure requirements, the broker is not obligated to publish standardized fee schedules. This opacity is common among unregulated entities and complicates broker comparison.