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uBinary Review

Binary options is a great new and exciting way to trade making it relatively easy over the internet. With so many brokers it can be a little overwhelming as who to chose, especially if you are a novice., It all depends on their trading platform, trading assets, minimum account size, deposits, payouts and of course customer service. After reading the glowing comments that traders posted on uBinary I decided to open an account with them to see if I could achieve the same results and to find out if they were honest and reliable and not a scam. The following is my review, read on!


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93
Parameters We Checked
Our Score
Minimum Deposit: $250
80
Payout Rate: Up To 95%
95
Withdrawals: Up To 7 Days
80
Demo Account: Yes
5
Accepts USA traders: No
0
Regulated: No
0
Editor's Impression
15
Our Total Score ((( 80 + 95 + 80) / 3 ) X 85% ) + 5 + 0 + 0 + (15) =
93
Other Parameters
Special Payout:

N/A

Tradable assets:

84

Minimum Trade size:

$20

Trading Currencies:

USD, EUR, GBP

Deposit Methods:

Credit/Debit Cards, Wire Transfer, Wire Transfer, Neteller, Skrill

Broker WebSite www.ubinary.com

Hot
Not

High profits
Flip trading tool
Free signals
Trader protection Insurance
Robot/autotrading bot
Trading academy
Mobile trading
                                                          

Not regulated
No special options

                                                          

 

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About
uBinary is based in the Marshall Islands and has been in the business since 2011. What sets them apart from their competitors is that they have developed an in-house platform which gives them the advantage of enhancing its features for a much better trading experience for their clients. Aside from the unique trading tools, they also provide a comprehensive education system which includes a trading academy, free training by an expert, free signals and many other perks.

ubinary platform

Bonuses

There five account types available based on the amount that was initially deposited: Micro, Mini, Standard, Gold and Platinum. These accounts have been created to suit the needs of their traders from various skill levels. They offer a welcome bonus of up to $5,000 and 10 risk-free trades as well.

ubinary bonuses

Software

One of the strongest advantage of uBinary against other known brokers in the binary options market is that they are using a proprietary platform That means they have the technology to run an online trading system of their own without any reliance to third party platform providers. Among the unique features of their platforms include the Buy Me Time and Buy Me Out tools and robots that you can utilize for automated trades.

Customer Support

Their customer service department is available 24/6 and they are well-trained to handle any kind of customer issue or inquiry. They can be contacted via phone with local numbers for clients in Switzerland, France, UK, Bahrain, Hong Kong, Italy, Japan, Sweden, Russia and Saudi Arabia. Other modes of communication include fax, e-mail and live chat.

ubinary support

Depositing Funds

uBinary supports the most popular payment methods so adding funds into your trading account won’t be an issue regardless of where you are based. They accept all major credit card brands, Wire Transfer, Neteller and Skrill. The minimum initial deposit requirement is $250.

ubinary deposit

Withdrawal

Withdrawing your funds via credit or debit cards may take around 3 to 7 business days while those via bank accounts may take up to 10 business days. For the safety of your funds, they will require submission of verification documents to their Compliance department.

Integrity

They employ various security measures and fraud controls to ensure the integrity of your transactions with them. All information handled on the servers are encrypted and transparent practices are always followed.
 


Conclusion

uBinary’s in-house platform along with all the unique tools and features that they offer enables their clients to control their financial asset investments and trade with limited risks. With a range of assets, choice of expirations, flexible investment amounts and other premium benefits, the returns are definitely much more rewarding. What’s also notable about this broker is that they provide top class customer support and an extensive online knowledge base to improve the skills of their traders.

9 comments

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  1. Grag

    Was surprised to get a call from them minutes after signing-up for an account. Be sure to ask for a bonus.

    1. Dina Gabris

      I’ve had a terrible experience with customer support of EZTrader and Anyoption. Is Ubinary better?

      1. Tonny Belar

        Yes the support is easy to contact. You won’t experience a long waiting time because they have agents available 24 hours a day.

  2. Danny Han

    I had the chance to test out their platform and the Flip Trading was a good tool to use if you see that the position you opened won’t end up as you expected. The minor downside is that it will only be available for open trades that have 5 minutes or more to go before expiration.

  3. Gerry Kyne

    Nice to know that they added more asset choices. The payout rates are now more attractive as well.

  4. Alex W.

    Plenty of promotional offers to choose from. Has anyone tried the autotrading bot?

  5. Jim Andrus

    The Trader Protection Insurance is indeed an advantage. I can still get a refund in case my trades don’t turn out well.

  6. Boris

    The platform has improved a lot. They now have different types of trading contracts available for trading.

    1. Neil Oliver

      What was the individual trading contracts you can access with this platform?

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