uTrader Binary Options Broker Reviewed
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If you are making your first steps in the Binary Options market, it’s essential to understand the difference between brokers and to know how to choose the right one. That is why we present to you the uTrader review.
uTrader Broker History and Company Information
uTrader has been operating since 2011 and was providing it’s services for the Russian-speaking clients only for two years and gained a great experience and reputation as a stable and secure broker.
uTrader is regulated by CROFR – a Financial Markets Regulating Center in Russia. Since uTrader has broadened the language list and started working with English and Polish-speaking clients, the broker is waiting for it’s CySec license. The English and Polish-speaking traders got the opportunity to join the uTrader client list something about a year ago. The company belongs to Day Dream Investments Ltd, registered at Seychelles. The main operating office is situated in Riga, Latvia.
uTrader Customer Support and Services
Customer support is one of the main services a trader should look at when choosing a broker.
The uTrader call-center has always been one of the biggest in the industry and now it serves traders in 3 languages. It is available 24 hours a day, seven days a week by phone, Skype, Live Chat or e-mail.
You can address the desk with any questions, but that’s not all. uTrader offers personal manager services which means that every time you need a consultation, you can talk to one person. A personal analyst will be happy to help with setting a trading path. Also, some uTrader account holders can address customer service and request assistance from a professional financial analyst who will help to build a personal strategy, form a trading portfolio and give advises considering the client’s trading history.
uTrader offers a set of educational materials that will be useful as for the new traders, as for traders with experience.
The uTrader trading signals are an instrument that will help you increase your profits. The signals are sent to e-mail and mobile phone.
uTrader Binary Options Type
uTrader provides a variety of instruments for trading with more than 120 assets.
- Standard High / Low (Above / Below) options – you need to predict if the asset price will go up or down by the option expiry time.
- One Touch options – you need to predict if the asset price will / will not touch the set level within the option expiry time.
- Turbo Options – high yield options with 30/60/120/300 seconds expiry times.
- Long Term Options – options with expiry times up to a few months.
- Pairs – Pairs of currencies or other asset, where you need to predict which of the two assets will outperform by the expiry time.
The uTrader trading platform is provided by SpotOption and is available online without a need to download anything. But if you prefer trading on-the-go, you will be pleased with the uTrader mobile trading platform, available on Apple App Store and Google Play.
uTrader offers more than 120 assets to trade on. There are stocks, commodities, currencies and indexes. The payout rate is about 86% on classic Binary Options and up to 650% on Turbo Options.
With a minimum deposit of $200 you get a trading account, but after you sign up, you will be offered three account types to choose from: Start, Silver, Gold. They vary by the minimum deposit and each of them contains a list of special features, like free strategy tutorials, personal analyst services, etc.
If you are planning to trade seriously, you can request a VIP account, that features an impressive list of services.
No matter which account you choose, you get the fastest withdrawals in the industry – the withdrawal requests are processed within 24 hours. You can use Credit Card Transfer, Neteller, Webmoney, Skrill to transfer your money.
All withdrawals are verified for your security and the data you provide goes through an advanced encryption process.
uTrader Bonus System and Types
Bonuses at uTrader depend on the deposit amount. First-time depositors get a bonus up to 200% and uTrader offers bonuses to their customers from time to time.