UCB Stock Brokerage combines a bank-owned Bangladesh brokerage with relationship-manager service, institutional execution and digital tools. UGrow is the current name of the trading app formerly called UTrade; the broker’s signup page and browser route still use UTrade. UINVEST focuses on account administration. The distinction is useful for clients who need both trading controls and access to funding, statements and tax documents.[1][8][9][7][10]
Broker essentials01
UCB Stock Brokerage Limited at a glance
| Measure | Value | Context |
|---|---|---|
| Legal company | UCB Stock Brokerage Limited | Source 1Source 14 |
| Parent | United Commercial Bank PLC; the current company page states wholly owned | Source 1 |
| Exchange memberships | DSE TREC 181; CSE TREC 015 | Source 1Source 14 |
| Trading platform | UGrow mobile (formerly UTrade); the broker still labels its browser route UTrade | Source 7Source 8Source 9 |
| Account-administration app | UINVEST | Source 10 |
| Annual statutory BO charge | BDT 150 | Source 15 |
| Main email | [email protected] | Source 13 |
Accounts and eligibility
Sections ↑At a glance02
Client-service categories
| Topic | Details |
|---|---|
| Individual | Relationship managers and traders support retail investors; the page also advertises margin loans.Source 2 |
| Corporate/HNI | A dedicated service with preferential rates and confidentiality arrangements.Source 3 |
| Institutional | Local and foreign financial institutions and corporate clients; specialised dealing and settlement support.Source 4 |
| Foreign investor | Dedicated foreign trading desk, research access and corporate meetings.Source 5 |
At a glance03
Opening and digital activation are different steps
| Topic | Details |
|---|---|
| BO opening | Use the company’s opening route or UINVEST’s listed account-opening function.Source 6Source 10 |
| UTrade signup | The broker’s still-labelled UTrade activation form asks for investor code, email and phone number, indicating a link to an existing client identity.Source 7 |
| Account category | The appropriate retail, corporate, institutional or foreign account determines documentation and dealing terms.Source 2Source 3Source 4Source 5 |
| Joint or authorised access | The reviewed signup page does not itself set a joint-holder limit or delegate trading authority; the executed account documents govern.Source 7 |
At a glance04
Assisted client relationships
| Topic | Details |
|---|---|
| Retail manager | The individual service offers assistance from relationship managers and traders.Source 2 |
| Corporate team | The Corporate and HNI Sales Department handles that client segment.Source 3 |
| Institutional desk | The Institutional Sales Department works with the research team and supports trade documentation.Source 4 |
| Foreign desk | The firm provides a dedicated route for foreign investor execution and research queries.Source 5 |
Markets and investments
Sections ↑At a glance05
Investment and account services
| Topic | Details |
|---|---|
| Bangladesh securities | The company identifies itself as a DSE/CSE TREC holder and CDBL participant.Source 1Source 14 |
| IPO applications | Listed among UINVEST’s administration functions.Source 10 |
| Margin loans | Advertised for individual clients; eligibility, interest and collateral terms require the applicable agreement.Source 2 |
| Corporate/institutional execution | Services include specialised trading, liquidity-flow coordination and post-trade settlement.Source 4 |
At a glance06
Foreign-investor offering
| Topic | Details |
|---|---|
| Execution | A dedicated foreign desk handles client trading needs.Source 5 |
| Corporate access | Domestic, international and virtual events are described.Source 5 |
| Analyst access | Virtual/in-person meetings and responses to investor queries.Source 5 |
| Research agreements | The site refers to MiFID II and chaperone arrangements for research access; this is not evidence that the Bangladesh company holds a European brokerage licence.Source 5 |
Fees and trading costs
Sections ↑At a glance07
Charges that can be established
| Topic | Details |
|---|---|
| Annual BO maintenance | BDT 150 under the BSEC gazetted amendment; this is a statutory annual charge, not a quote for opening the account.Source 15 |
| Retail commission | The individual page describes competitive rates but does not publish a complete numerical tariff.Source 2 |
| Institutional/corporate rate | Preferential pricing is advertised for these relationships; the agreed client schedule is needed.Source 3Source 4 |
| Margin interest | The individual page advertises margin loans without a universal published interest rate.Source 2 |
At a glance08
Keep optional depository access separate
| Topic | Details |
|---|---|
| CDBL balance enquiry | CDBL publishes BDT 200 annual registration for its online enquiry service.Source 16 |
| What it does | Shows holdings, valuations and recent transactions for linked BO accounts.Source 16 |
| What it is not | This optional service fee is separate from BDT 150 annual BO maintenance and from UCB’s brokerage commission.Source 16Source 15Source 2 |
A meaningful cost comparison needs UCB’s current account-specific commission, opening/administration charges and any margin terms. A statutory BO charge or a free app download should not be presented as the entire cost of owning and trading the account.[2][3][4][15][9]
Platforms and order handling
Sections ↑At a glance09
UGrow versus UINVEST
| Topic | Details |
|---|---|
| UGrow | Trade entry and monitoring, real-time portfolio views, charts and market information.Source 8 |
| UINVEST | BO opening, cash deposit/withdrawal functions, IPO applications, statements, tax certificates and portfolio administration.Source 10 |
| Name change | Apple release 2.0.0 dated 16 October 2026 identifies UGrow as UTrade’s new name; current app listings use UGrowSource 8Source 9 |
| Browser route | The broker’s signup page and linked web login still use the UTrade name.Source 7 |
| Assisted dealing | Relationship-manager and specialist-desk services remain available alongside the apps.Source 2Source 4 |
At a glance10
UGrow mobile order controls
| Topic | Details |
|---|---|
| Advance orders | The app description supports instructions for the next working day.Source 8 |
| Portfolio ticket | A swipe from the portfolio opens an order workflow.Source 8 |
| Edit and cancel | The listing describes swipe controls for order changes and cancellation.Source 8 |
| Order list | Filter the order list to inspect instructions.Source 8 |
| Execution boundary | A displayed edit/cancel control does not guarantee reversal of an already executed trade; order status and exchange acceptance still matter.Source 8 |
At a glance11
Mobile market monitoring
| Topic | Details |
|---|---|
| Depth | The listing advertises ten rows of market depth.Source 8 |
| Watchlist | Favourite securities can be followed in a watchlist.Source 8 |
| Charts | Candlestick and area charts, sector charts and a market map.Source 8 |
| Activity | Time-and-sales, historical price/volume, gainers/losers and news.Source 8 |
At a glance12
Desktop-mode tools
| Topic | Details |
|---|---|
| Workspace | Customisable dashboard, keyboard shortcuts and a favourite price ticker.Source 9 |
| Order history | Search historical orders across a selected date range.Source 9 |
| Portfolio dealing | Place orders from the real-time portfolio view.Source 9 |
| Analysis | Technical indicators, minute charts, volume profile, sector views and DSE company-information links.Source 9 |
At a glance13
Device availability and portfolio information
| Topic | Details |
|---|---|
| Android | UGrow is published by UCB STOCK on Google Play.Source 8 |
| iPhone/iPad | The App Store lists UGrow and requires iOS/iPadOS 15.1 or later at the review date.Source 9 |
| Mac qualification | The Apple listing says it is not verified for macOS; an Apple Silicon compatibility line is not a guarantee of a native Mac trading experience.Source 9 |
| Portfolio summary | The app description includes balances and day gain; market valuation should be distinguished from settled withdrawable cash.Source 8 |
Funding, withdrawals and custody
Sections ↑At a glance14
Account-administration workflow
| Topic | Details |
|---|---|
| Deposits | UINVEST lists a fund-deposit function.Source 10 |
| Withdrawals | UINVEST lists a withdrawal function; its public app description does not give a universal bank-credit deadline.Source 10 |
| Portfolio records | The app provides portfolio administration and real-time statement access.Source 10 |
| IPO cash | IPO applications are a separate function; having an app account does not itself establish eligibility or allotment.Source 10 |
At a glance15
Cash, custody and settlement roles
| Topic | Details |
|---|---|
| Brokerage ledger | UCB’s account relationship records dealing and cash movements.Source 2Source 10 |
| Securities holdings | UCB identifies itself as a CDBL depository participant.Source 1 |
| Institutional settlement | The institutional service expressly includes post-trade settlement and trade documentation.Source 4 |
| Independent check | CDBL enquiry can be used alongside the broker statement to check BO holdings.Source 16 |
At a glance16
Account records and tax documents
Regulation and investor protection
Sections ↑At a glance17
Regulatory and exchange records
| Topic | Details |
|---|---|
| DSE | TREC 181 is stated on the current company page.Source 1 |
| CSE | TREC 015; the exchange lists broker/dealer registrations Reg.-3.2/CSE-015/2014/210 and Reg-3.2/CSE-015/2014/211.Source 14 |
| Depository | The company describes a CDBL participant relationship for beneficial-owner holdings.Source 1 |
| Corporate ownership | The current company description identifies United Commercial Bank PLC as the sole parent; a brokerage investment is a separate relationship from a bank deposit.Source 1 |
At a glance18
BO maintenance and account status
| Topic | Details |
|---|---|
| Annual amount | BDT 150 in the gazetted amendment.Source 15 |
| Empty account | The amendment provides for closure after failure to meet the prescribed maintenance-fee requirements.Source 15 |
| Account with securities | Non-payment can result in suspension until payment.Source 15 |
| Separate issue | This is the statutory depository-maintenance process; it does not establish UCB’s broader inactivity-fee or reactivation policy.Source 15 |
At a glance19
Financing and investment authority
| Topic | Details |
|---|---|
| Margin availability | The individual service advertises margin lending.Source 2 |
| Commercial terms | The approved lending amount, interest, eligible collateral and liquidation triggers need the financing agreement.Source 2 |
| Research | Published research and access to analysts do not by themselves create a discretionary portfolio-management mandate.Source 5Source 4 |
Support and complaints
Sections ↑At a glance20
Contact the right support team
| Topic | Details |
|---|---|
| General enquiries | [email protected]; +880 1324243201 or +880 1324243200.Source 13 |
| UGrow | [email protected] is the trading app’s published support email.Source 8 |
| UINVEST | [email protected]; 09678175175.Source 10 |
| Head office | Bulus Center, 17th Floor West Side, Plot CWS(A)1, Road 34, Gulshan Avenue, Dhaka 1212.Source 13 |
At a glance21
Service locations and issue handling
| Topic | Details |
|---|---|
| Office network | The current contact page lists offices, extensions and digital booths in Dhaka and other cities.Source 13 |
| Local contact | Use the current location listing to find the relevant office; a fixed branch count can become stale.Source 13 |
| Trading or app issue | Provide the investor code and relevant order/account reference to the appropriate support team.Source 7Source 8Source 10 |
Research and additional services
Sections ↑At a glance22
Research access
| Topic | Details |
|---|---|
| Company, sector and macro work | The foreign service describes equity, sector and economic research.Source 5 |
| Distribution | It identifies Tellimer, S&P, Bloomberg and Passport among research channels.Source 5 |
| Portal | UCB provides a research login and account-access workflow.Source 12 |
| Download hub | The site collects research materials and investor resources in the UCB Hub.Source 11 |
At a glance23
Institutional workflow
| Topic | Details |
|---|---|
| Liquidity | The desk liaises with other institutions for client flows.Source 4 |
| Pricing | Specialised trading and preferential commissions are offered.Source 4 |
| Post-trade | Execution documents and settlement services are included in the description.Source 4 |
| Confidentiality | The service is presented as a confidential institutional relationship; commercial terms are agreed with the client.Source 4 |
Company and group structure
Sections ↑At a glance24
Current company identity
| Topic | Details |
|---|---|
| Company | UCB Stock Brokerage Limited.Source 1Source 14 |
| History | The current company page dates its inception to June 2013.Source 1 |
| Ownership | Wholly owned by United Commercial Bank PLC according to that page.Source 1 |
| Brand and apps | UGrow is the new trading-app name for UTrade; UINVEST remains the administration app. The brokerage company remains the account counterparty.Source 9Source 10Source 14 |
- Headquarters
- Bangladesh
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
UCB Stock Brokerage Limited
No separate licence entry is recorded in this panel.
Practical considerations
Sections ↑At a glance25
Choosing how to use the service
| Topic | Details |
|---|---|
| Trading focus | UGrow provides order controls, market depth and charting.Source 8 |
| Administration focus | UINVEST provides opening, funding, IPO, statement and tax-certificate functions.Source 10 |
| Assisted relationship | Retail managers and institutional/foreign desks provide differently scoped support.Source 2Source 4Source 5 |
| Cost comparison | Use the current tariff for the chosen client category; the statutory BO fee alone is not a total-cost estimate.Source 15Source 2Source 3Source 4 |
UGrow combines order controls and market information; UINVEST provides account administration, statements and tax certificates. Retail managers and institutional or foreign desks serve different client needs. Obtain the commission, administration charges and any margin terms for the selected relationship.[8][9][10][2][4]
Sources & further reading
- Current company history, ownership and exchange memberships UCB Stock Brokerage · Accessed 29 Oct 2026
- Individual account service and margin-loan offering UCB Stock Brokerage · Accessed 27 Oct 2026
- Corporate and high net worth client service UCB Stock Brokerage · Accessed 27 Oct 2026
- Institutional dealing, rates and settlement support UCB Stock Brokerage · Accessed 27 Oct 2026
- Foreign desk, research contracts and corporate access UCB Stock Brokerage · Accessed 27 Oct 2026
- BO opening route and contact details UCB Stock Brokerage · Accessed 27 Oct 2026
- UTrade activation form and official app links UCB Stock Brokerage · Accessed 27 Oct 2026
- UGrow mobile and desktop-mode features UCB Stock Brokerage / Google Play · Accessed 27 Oct 2026
- UGrow iPhone/iPad listing and compatibility UCB Stock Brokerage / Apple App Store · Accessed 29 Oct 2026
- UINVEST account-administration features and support UCB Stock Brokerage / Google Play · Accessed 27 Oct 2026
- Research and download hub UCB Stock Brokerage · Accessed 27 Oct 2026
- Research portal account access UCB Stock Brokerage · Accessed 27 Oct 2026
- Current service offices and contacts UCB Stock Brokerage · Accessed 27 Oct 2026
- CSE member record for UCB, TREC 015 Chittagong Stock Exchange · Accessed 27 Oct 2026
- Gazette of 5 October 2025: annual BO maintenance BDT 150 Bangladesh Securities and Exchange Commission · Accessed 29 Oct 2026
- Independent balance-enquiry registration and features Central Depository Bangladesh PLC · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.