UTrader Review

MIN. DEPOSIT $200
PAYOUTS
BONUS
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Overview

Broker information Domiciled in the Latvian capital, Riga, uTrader is one of the foremost binary options brokerages. Since its inception in 2011, the broker has a dedicated team of IT… more

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Details

BrokerUTrader
Website URLhttps://en.utrader.com/
Founded2011
Support TypesPhone, Live Chat, Email
LanguagesEnglish, Russian, Dutch, Polish
Minimum 1st Deposit$200
Minimum Trade Amount$25
Maximum Trade Amount$5,000
Free Demo Account No
Deposit MethodsVISA, OkPay, MasterCard, Bank Wire, Diners Club, Delta, Solo Maestro, Skrill, Maestro U.K. (Switch), WebMoney, Maestro Neteller, VISA Electron, MoneyNet
Withdrawal MethodsVISA, OkPay, MasterCard, Bank Wire, Diners Club, Delta, Solo Maestro, Skrill, Maestro U.K. (Switch), WebMoney, Maestro Neteller, VISA Electron, MoneyNet
Expiry Times30 sec, 60 sec, 2min, 5min, 30 min, 1 hr, 24h, End of Day
Option TypesHigh / Low, One Touch, 60seconds, Long Term, Boundary, Pair Options, Ladder Options
US Traders Allowed No
Islamic Account: No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Broker information

Domiciled in the Latvian capital, Riga, uTrader is one of the foremost binary options brokerages. Since its inception in 2011, the broker has a dedicated team of IT gurus and financial veterans who has developed a brilliant trading platform.

The values of uTrader revolve around customer satisfaction, security and safety, and reliable trading. What makes uTrade one of the harbingers in the binary industry are its more than 250,000 registered traders, the best assets, excellent levels of integrity, and high revenues. This is due to the fact that uTrader executed business across the globe and for this reason, it offers its excellent investors the “sexiest” international assets.

The website of the broker is available in English, Polish, and Russian, and shines with ground breaking elegance and design.

Accounts

uTrader provides a good selection of five different trading accounts. Start accounts are opened after a minimum amount of $300 has been deposited. Silver account holders may initiate their trades after they fund the account with at least $1,001. In order to start a Gold account, a minimum deposit of $5,001 is requested. More advanced traders can launch a Platinum account with a minimum amount of $25,001, while the crème-de-la-crème of investors may place $50,001 to commence their trades via a VIP account.

Deposit and Withdrawal Options

When it comes to offering the safest and soundest security of trading, uTrader very well punches above its weight. It does so by providing its enthusiastic customers with reliable and trusted deposit and withdrawal options that comprise of VISA, OkPay, MasterCard, Bank Wire, Diners Club, Delta, Solo Maestro, Skrill, Maestro U.K. (Switch), WebMoney, Maestro Neteller, VISA Electron, and MoneyNet. The supported currencies at uTrader are Polish zloty, Euros, U.S. dollars, and British pounds.

Features

Through the ground-breaking SpotOption platform, customers of uTrader can trade securely and safely. The expected returns can be up to 85% on the classical binary options and the mind-bending 650% with the “One Touch” feature. In addition, there are also “Long Term”, “Pairs”, and the short-term option “Turbo”. A wide assortment of more than 90 assets is available for trades at uTrader. Thanks to the mobile app, customers can trade on the go whenever and wherever they encounter the need to do so.

Education

uTrader’s education center has prepared video courses and tutorials for both novice and experienced users. These videos include financial management, trading psychology, market and technical analysis, as well as aggressive trading. The broker provides a platform digital book and a short glossary with economic definitions and concepts. A very thorough and well organized FAQ section is at traders’ disposal.

Customer Support

Customer support is reachable via 3 fixed telephone lines worldwide. There are also an e-mail, Skype, and an online chat assistance. uTrader can be accessed on Twitter and Facebook and clients should not expect anything less than attentiveness, friendly attitude, as well as professionalism.

Bonuses/Promotions

All accounts are entitled to introduction to the platform, analytical materials, welcome bonuses, and education materials. Save for the Start account, all others receive courses in trading strategies (2, 4, 4, and 4 for the Silver, Gold, Platinum, and VIP respectively) and a personal analyst of their finances. The welcome bonuses are 50% (Start), up to 100% (Silver), 120% for both the Gold and the Platinum, and 150% for the VIP.

The Gold, Platinum, and VIP account holders qualify for a personal review of their accounts by a devoted financial analyst, the frequency of meetings depending on the account’s seniority. Platinum and VIP accounts also receive trading plans a personal trading strategy, while solely the VIP holders are eligible for a screen demo of real-time trading, VIP hedging tools, and the highest priority when trading online with a financial expert.

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