Overview

UTrader is Online Binary Options Broker Since 2011
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How To Start Trading with UTrader? See All Below!

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Details

Broker UTrader
Website URL www.Utrader.com
Headquarters 106 premier building, Mahe, Victoria, Seychelles
Support Number +883 51000 8211 639
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $200
Minimum Trade Amount $25
Payout 85%
Free Demo Account Open Demo
Account Types Start, Silver, Gold, VIP
Deposit & Withdrawal Methods VISA, Mater Card, Maestro, OK Pay, Neteller
Number of Assets 150+
Account Currency USD, EUR, RUB, GBP, PLN
Overall Score 8.0/10

Full Review

When UTrader entered the binary options trading market in 2011, their main focus was on Russian speaking clients. From that time, they have gained a reputation and vast experience in dealing with online traders. Over the years, they decided to expand their services and offer their services to Polish and English speaking clients as well.

The brokerage is operated by Day Dream Investments Ltd. UTrader is a highly regarded broker because they provide excellent service including daily analytics and a trading platform that was developed by a top notch software developing company.

Review Verdict: Utrader is Not a Scam

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Additionally, they have a very comprehensive “Education” section where traders can find a huge variety of learning materials and tools including electronic textbooks, articles, educational videos and glossary. The aim is to make the learning process more efficient, especially for newcomers.

How To Trade with UTrader?

The trading platform has been developed by SpotOption. The trading window makes the process of trading convenient and very simple. The interface is intuitive and has been designed extremely well. All the information that is related to trading are clearly visible.

The broker offers more than 80 tradeable assets including stocks, commodities, indices and currency pairs. However, their main focus is on currency pairs as they have more than 50 currency pairs available. A wide range of binary options are also available including One Touch, Long Term, Turbo, Ladder, High/Low and Pairs.

With all the different features and tools available through the trading platform, it is quite simple to trade at UTrader.

UTrader gives traders the opportunity to choose from several different account types depending on their skills and budget. The basic type of account can be opened with a minimum deposit of $300 and the highest level can be created by depositing at least $25,000.utrader-728

No Download Needed

To trade at UTrader, all you need to do is sign up. Once your account is created, you can begin executing trades instantly. There is no need to wait or download any software. The entire process of trading is web based. The good thing is that UTrader also offers mobile trading application for iOS and Android.

How To Get Started?

New traders usually find it hard to analyse the financial markets and this often leads to making bad trading decisions. When it comes to trading binary options, there are a number of factors that need to be considered. Only an experienced trader will know how to undertake a thorough market analysis and make conclusions that can result in profits.

But, at UTrader, even newcomers will find it easy to get started. The tedious task of analyzing the market is not involved because market analysis is carried out by the broker. Experienced traders work for the broker and identify the developments that take place within the markets. Then, they make recommendations on how to use the data provided to make trades. The reports they generate are useful for traders, especially new comers as they give insights and they also provide profitable opportunities for trading.

Average Returns

The payouts are really impressive. For regular options, the returns can go as high as 85% and for high yield options such as Turbo options, the returns can reach up to 650%. With UTrader’s bonus systems, the chances of getting higher profits are even greater.

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What Are the Costs?

The only costs that traders have to bear are those that are related to making investments. Aside from this, the broker doesn’t charge any fees or taxes for using its platform or services.

Is UTrader a Legit Broker?

There is no doubt that UTrader is a genuine broker. They operate under a license and since they are regulated by CySEC, they adhere to very strict laws. Traders don’t have to worry about the safety of their funds because the broker takes measures to ensure that the funds are secure all the time.

Their company information is available on their website. Their terms and conditions are also very transparent. Overall, the broker is one of the best the binary options industry has seen since its inception.

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UTrader Minimum Deposit and Withdrawal

The modes of adding and withdrawing funds include credit cards, debit cards, wire transfer, Skrill, Neteller and OK Pay. The minimum deposit amount is $300 and the currencies that are accepted include GBP, USD, PLN, EUR and RUB.

When it comes to making a withdrawal, the minimum amount that must be in the account is $25. Withdrawals are processed within about two working days. The first withdrawal every month is free. Each consecutive withdrawal accrues a fee of $12.

Customer Support

The customer care department at UTrader works 24/7 to help traders meet their needs. They are available via phone, email, live chat and even Skype. The representatives are highly professional and they are always happy to assist their customers with their questions and queries.

Whenever traders are facing problems or issues with trading, they can contact the customer care representatives and expect prompt response and assistance from them.

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Testimonial

niculas“UTrader is one of those brokers that can help any trader find success in the industry. When I first started trading with them, I didn’t know that the trading process would be so simple. I didn’t even have to carry out any market analysis task because it is done by the experts that work for the broker. This makes trading really convenient and profitable. My trading experience with this broker had always been enjoyable. I have made substantial profits with them and this is the reason I don’t think I will ever be switching my broker.”

Niculas, 54

Conclusion

Good_choice_stamp_BMINDEPUTrader is a stable broker and the best part about them is that they are regulated. This makes them safe and reliable. Their trading platform is also very efficient. Traders are offered more than 120 different assets to trade with which makes the experience even more fun and enjoyable. In our opinion, UTrader is a reputable broker and with their experience in the industry, they are able to meet the expectations of their clients really well.

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