up to $5,000 bonus
|Support Number||+4420 3695 9422|
|Support Types||phone, fax, live chat, email: email@example.com|
|Languages||English, Russian, Arabic|
|Minimum 1st Deposit||$250|
|Minimum Account Size||$250|
|Minimum Trade Amount||$20|
|Maximum Trade Amount||$1500|
|Bonus||up to $5,000 bonus|
|Free Demo Account||Open Demo|
|Commission Info||no fees or commissions|
|Account Types||Micro account, Mini account, Standard account, Gold account, Platinum account|
|Deposit Methods||credit cards, wire transfer, Neteller, CashU|
|Withdrawal Methods||credit cards, wire transfer, Neteller, CashU|
|Trading Methods||buy me out, buy me time, the flip|
|Number of Assets||74|
|Expiry Times||30 seconds, 60 seconds, 120 secons, 5 minutes, 10 minutes, 15 minutes, 30 minutes, 1 hour, 2 hours, 4 hours, 1 day, 1 week, 1 month, 1 year|
|Types of Assets||currencies, indices, commodities and stocks|
|Option Types||above/below options, 60 seconds options, speed trading option builder, ,long term options|
|Trading Currency||32 different forex pairs including minor pairs and exotics like USD/ZAR and USD/RUB|
|Account Currency||USD, GBP, AUD, EUR|
|US Traders Allowed|
uBinary is founded in 2011 by PTT Capital Group and they are operating under Belize laws from 2 Queen Caroline Street, Hammersmith, London, W6 9DX. Although they are an offshore broker they are still very reliable. uBinary always pays out and has no scam history whatsoever. Every binary option trader at uBinary gets a personal account manager appointed who will assist traders in their binary options trading. Together with your personal account manager you will evaluate your trades, learn new trading strategies and money management.
uBinary binary options trading platform
The uBinary trading platform is different than most binary option trading platforms. They do not use SpotOption or TradoLogic, instead they use ParagonEX which is a unique binary options trading platform with many features and visually appealing. The uBinary binary options trading platform is available in three different versions; as web trader, as Android app and as Apple iOS app. No download is required for the PC or web trader version, both the apps are free and downloadable in their respective app stores. Traders can buy or sell more than 75 different assets including stocks, currency pairs, commodities and indices. On uBinary both long term options and short term options are available. Long term options have a maximum expiry rate of six months and short term options as short as 60 seconds. With the special Option Builder feature binary option traders can fully customize their binary options and payout ratios.
uBinary payout percentages
However uBinary does not offer One Touch options or Ladder options the payouts on classic high/low binary options can go as high as 95% which is very high compared to other binary option brokers.
uBinary trading account types
There are 5 different types of trading accounts on uBinary, from Micro account to Platinum account. Each account type comes with certain features, bonuses and requirements. Bonus terms apply. Investment turnover has to be 20 to 30 times the amount of bonus money received.
uBinary binary option trading features
On uBinary there are several trading features or risk-management features available. The ‘Buy me time’ feature extends expiry time on a current option. The ‘Buy me out’ feature sells a current option against a small percentage loss which is great when you think an option is not going to be a successful trade. A special feature which is not available on other binary option trading platforms is ‘the flip’ feature which a trader can use to ‘flip’ his current option from buy (call) to sell (put) and vice versa.
Every account type at uBinary has a certain deposit minimum and maximum. Deposits can be made with credit cards like American Express, Visa, MasterCard and Diners Club International, wire transfer, Neteller and CashU. Withdrawals can be made from as low as $50 and are completely free which is unique because most other binary option brokers charge around $30 per withdrawal.
uBinary customer support
The uBinary customer support team is 24/6 available by phone, email and live chat. The dedicated personal account managers traders get appointed are very attentive to their traders and available during trading hours. Sometimes your personal account manager is not available, therefore ask his/her working hours.
uBinary review conclusion
The payouts on uBinary are extremely high, 95% is way higher than industry standard (85%) and the amount of tradeable assets is huge. Although there are no Ladder options, Boundary options, One Touch options there is the Option Builder which binary option traders can use to create their own options. What I see as a big of a con is that the first two entry-level trading accounts at uBinary have a -5% payout penalty. The personal account manager binary traders at uBinary receive and the many trading signals and other educational material traders receive do make the broker very suitable for people new to binary options trading. The flip trading feature is unique on uBinary and not seen on other binary option brokers. I rate uBinary a 8/10 which could have been higher if there were more different binary option types and if they didn’t have the -5% payout penalty on lower account types.
✓ High payout on normal binary options up to 95%
✓ Build your own options using Option Builder
✓ Withdrawal requests processed within 24 hours
✓ Binary option trading features like Buy me Out, Buy me Time and the Flip
✓ Binary options signals and auto trading software allowed
✓ Insane high welcome bonus of 100% up to $5,000 in initial deposit