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An Upfront and Honest Review of uTrader Binary Options Broker

 

Welcome to our latest uTrader review, where we will be bringing you all the relevant information regarding this popular binary options broker.

uTrader was launched in 2011, and is the brand name of a company called Day Dream Investments Ltd. The support headquarters of uTrader binary trading are in Riga, Latvia, and the brand is currently working on expanding its operations in Eastern Europe.

Is uTrader licensed and regulated?

uTrader has already gained quite a reputation for its work with Russian-speaking clients. That’s no mean feat, as this can be a very complicated sector to conquer. It is currently licensed by CROFR (the Financial Market Relations Regulation Centre in Russia), but there is no licence currently recorded with CySEC. It only recently began providing its services in English, Polish and Dutch as well as Russian, and it may not be long before it receives recognition from other financial regulatory bodies.

The features of uTrader binary trading site

uTrader offers a trading platform powered by SpotOption, which means there is no need for a download, once you’ve decided to give this binary options broker a go. However, those who prefer to trade on the go will be pleased to learn that uTrader has a mobile option, which is available from the Apple AppStore or via Google Play. A minimum deposit of $200 is required to start your journey, with an additional 50% uTrader bonus to welcome new clients.

uTrader offers more than 120 assets to trade on, including some of the most popular stocks, commodities, indices, and currencies. They claim a payout rate of around 86%, which is certainly impressive, but we haven’t yet been able to reach such lofty heights of success.

There are a number of different accounts to take advantage of, each with their own special benefits and features, which we’ll look at a little later in the uTrader review.

Different account types and uTrader bonuses

There are a number of different account options when you sign up with uTrader binary options broker. Each has its own specific requirements and offers a number of different benefits. Take a look at what’s on offer, and then you can weigh up how much you can afford to deposit:

Screenshotsutrader homepageutrader promotion

uTrader take their customer support to another level.

Customer support is an important quality to consider when looking for a binary options broker – and you won’t be disappointed with uTrader. Lines of communication are open 24/7 and include Skype, live chat, email, and a phone option. As well as being able to contact customer support, clients are also given the opportunity to take advantage of a personal manager.

There is also a range of educational material and an extensive FAQs section on their site. There is a eBook, and online video lessons, for both beginners and advanced users.

uTrader offers a range of binary options types.

There are more than 120 assets available for trading and a range of trading options types, including the following:

All the usual payment methods are accepted, including Visa, Maestro, Mastercard, Neteller, WebMoney, and Skrill. Various terms and conditions apply to withdrawals, bonuses, and other payment issues, and the most up-to-date information can be found on the site’s FAQs page.

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* Not valid for EU traders, T&C apply

Other Good Binary Brokers

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Broker Min Deposit Regulation Bonus Read More Visit Site
XM $5 CySec $30 Free Read Review Visit Broker
AvaTrade $100 MiFID 40% Read Review Visit Broker
24option $250 CySEC N/A Read Review Visit Broker
HotForex $50 CySEC 100%* Read Review Visit Broker
HYCM $100 FCA UP TO $5000 Read Review Visit Broker
FBS $1 IFSC $123 Free Read Review Visit Broker
FIBO Group $300 CySec N/A Read Review Visit Broker
Instaforex $1 FFMS 250% Read Review Visit Broker
easyMarkets $200 CySEC 50% Read Review Visit Broker
XTB.com $250 FCA Up to 30% Rebate Read Review Visit Broker
UFX $50 CySEC, MiFID $50 Free Read Review Visit Broker
eToro $50 CySEC, FCA Up to $1000 Read Review Visit Broker
itrader $250 CySEC UP TO $30,000 per T&C Read Review Visit Broker
Plus500 $100 CySEC N/A Read Review Visit Broker
CM Trading $250 FSP Up to $3,000 Read Review Visit Broker
Trade.com $250 CySEC $25 No Deposit Read Review Visit Broker
* Not valid for EU traders, T&C apply

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uTrader Binary Options Broker Review
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