uBinary

BROKER	SERVICE	TRADE NOW / REVIEW
1st	Asset: 300+ Min Sales: $1 Payout 3 Days *Profit Rate: 100%	TRADE NOW
2nd	Asset: 300+ Min Sales: $1 Payout 3 Days *Profit Rate: 100%	TRADE NOW
3rd	Asset: 300+ Min Sales: $1 Payout 3 Days *Profit Rate: 100%	TRADE NOW
4th	Asset: 300+ Min Sales: $1 Payout 3 Days *Profit Rate: 100%	TRADE NOW

uBinary did not seek to register with the FCA to offer Binary Options trading to UK residents. Therefore, they are not legally allowed to accept UK traders.

uBinary is a growing brand among regulated CySec and binary options brokers. They offer a wide range of account types to ensure traders can enjoy investing at a level that suits them personally. Originally founded by financial industry professionals, with over 50 years of service in the field, uBinary continues to grow.

They offer a great range of options and everything works through a user-friendly, ingenious portal. With up to second market feeds and 24 hour customer support, uBinary is trying to excel in every area and deliver according to their 3 guiding principles:

Principle 1. By simplifying the trading process, making binary options trading easy, safe and enjoyable.
Principle 2. By allowing traders, through 24-hour customer support, to share their trading wisdom.
Principle 3. By providing a friendly, reasonable trading platform.

In addition, uBinary produces a number of innovative features on a regular basis. Here is other important information about the brand;

Demo Account – No
Minimum Deposit – £250
Minimum trade – £20
Signal Service – Yes, Totally Free .
Bonus details – 10 risk free trades .
Mobile Application – Yes. Currently only iOS (Android version in development).

Platform features

The uBinary website is fast and fun, and the trading area reflects this. The design is quite unique among other brokers. Traditional ‘trade’ area, with call and put buttons not immediately visible. At uBinary, the trading area displays a huge array of data and specific instruments are available only when the asset or option has been selected.

Another change unique to uBinary is the sidebar options . These are the areas ‘ social trading ‘ and market news ‘can be hidden or shown on request. The social trading menu scrolls through other traders’ latest deals and performance, giving users the ability to follow that trader and track their trades. Market news area, as the name suggests, to stay up to date with market updates from around the world.

The central part of the trading area is dedicated to trading. The top vertical menu allows specific types of options and then the asset is selected. Below that is a list of the most popular assets being traded at the time. It is possible to trade very quickly from the list. Trading buttons ‘ Up ‘ or ‘ Down ‘ are available, next to the quantity field. Similarly, the strike and expiration prices are shown in the row. Once a trader fills in the quantity field, they can press ‘ send ‘ to make a trade there and then.

This cut down version of the trading window will be a real boon for traders who want to spend real time trading minimally – with no distractions and no hassles – freeing up traders to spend their time trading. research time, instead of making a transaction. However, if the user prefers to see the latest price chart and the ‘trader’s pick’ barometer, simply clicking the ‘+’ to the right of the asset opens a more familiar trading screen (closer to what competitors are offered) with a more traditional layout and price chart configuration.

As well as allowing traders to choose the level of detail displayed, uBinary has gone the extra mile and offers a wide range of layouts. So traders who don’t like to use the ‘list’ view can choose from four traditional windows at once, or just one extended trading window if they wish. It is probably the most configurable trading area available in the binary options arena.

Trade options

uBinary offers options in currencies, indices, commodities and stocks. Their asset list is good, but currency is the obvious strength. Other asset classes are likely to expand as the brand grows.

The option types available are all general variations on the upper/lower options, with the only true end of variance. A key strength is the option builder, which opens a way for traders, especially those who want to hedge or manage risk even more effectively.

Options at uBinary;

Over/Under – Traditional binary options, will asset value increase or decrease?
60 Seconds – Short-term trades are available at uBinary, with an expiry date of only 60 seconds.
Trading Speed – Again, short term over/under options. This time with an expiry time of 2 or 5 minutes.
Option Builder – Maximum flexibility of traders. The option generator allows traders to choose the asset, payout and expiry they are looking for. It will also allow for a small return if an option ends up in the money.
Long Term – More and more traders are using long term binary options as a conventional investment or hedging tool and uBinary has a good range of long term options.

Mobile

The mobile app at uBinary is currently only available on apple devices, with Android being developed and released soon. The iOS app provides a comprehensive trading service. All option types are available as all assets.

The trading screen is different from the website, as it defaults to a more traditional trading mode, with the price chart being the standout feature and the large buttons ‘ Above ‘ and ‘below ‘ on either side of the strike price Present. All relevant information is readily available, making trading from a mobile device very simple. The layout is also suitable for touchscreen phones while reducing the possibility of human error.

Below the trade buttons is an open position window and a closed position window (trading history). These details all current and past transactions, so an updated view can be viewed at any time.

With the Android version under development, it is likely that further changes will be made to add some features to the mobile app across platforms. While the current offering is functional, it’s also not featured, but does the job.

Payout

Trading payouts at uBinary usually fluctuate around 77% , they can reach 95% on certain assets. The option build feature can offer 80% off some top asset classes and includes the flexibility to be able to reduce that payout to ensure some money is returned in the event the option is completed out of money .

Deposit and Withdrawal Options

uBinary has, in the past, suffered some criticism surrounding their withdrawal service. In response, the airline created a strict ‘compliance’ policy. So traders must provide the following ID to process withdrawals;

Valid photo ID like Passport.
Utility bill dated less than 3 months with current name and address.
Both sides of the credit/debit card will be used to make the initial deposit. Everything must be covered except: last 4 digits, name, expiration and CVV security digits on the back.

In theory, these measures should protect traders as well as brokers. To avoid delays, this information should be set up before withdrawal is required. As usual, it is the case (to avoid money laundering) that the total deposit must first be returned to the same source before another withdrawal method can be used.

The bank account used for withdrawal must match the name on the trading account, the minimum amount that can be claimed is £50. uBinary suggested withdrawal to a debit or credit card will take from 3 up to 7 days and up to 10 days to a bank account. This is longer than rival companies and something uBinary should be looking to improve on – on the plus side, withdrawals are free, which is not always the case elsewhere.

Deposits can be made via credit cards, bank transfers of Neteller and CashU ewallets. The minimum initial deposit is £250. No fees are made for deposits and funds are available for immediate trading. It is possible to open an account without making a deposit, but it will not be possible to trade.

Other features

uBinary offers its customers the following features and benefits:

Buy Me Time – An innovative trading tool that allows traders to extend expiry times in salvage options and increase strike rates and overall profits. This is a unique feature for uBinary.
Option Builder – This gives traders the option to build their own trades, choose assets, pay out and time out. Especially useful for traders who have a specific position and know how to maximize their knowledge.
Buy Me – uBinary offers the option to close trades early, to lock in profits or reduce losses.
The Flip – Literally flips a trade in the other direction if it goes the wrong way
Advanced Charts – Charts with multiple time periods and indicators give traders greater authority to study.
Account Level – From Micro up to Platinum , traders can open the account type that suits them and their investment needs.

The educational materials at uBinary are in-depth, and the material that compliments their trading area is excellent. Much of the features at uBinary have been designed to give traders more flexibility, so they represent the broker of choice for any trader who feels a bit constrained. with their existing broker or platform.