Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

uBinary Broker Review 2018

  • Min. Deposit $250
  • Min. Invest 90%
  • Return $20

This broker is closed. 

uBinary is a binary options broker that brings extensive analysis tools and innovative trading platform. In our uBinary review we had good experience enjoying a web-based platform and tailored trading account. We haven’t found uBinary has any regulatory license, but from our uBinary review traders will be able to find most important information that may help them decide if they want to register and trade with this broker.

According to their site, the uBinary broker is founded in 2011 and it has focused on providing innovative trading solutions for private investors. uBinary is based on paragonEX platform and it also supports mobile trading for its clients. Traders can start trading with uBinary for a minimum deposit of $250 and the minimum trading amount is $20. For more info about uBinary check our detailed broker review.

uBinary Account Features

In order to adjust strategic decisions according to personal preferences, uBinary has given the opportunity to choose between five different trading accounts. According to their site, uBinary claims that every trader will find a perfect trading account for himself, no matter if they are pure beginners or experienced traders.

uBinary Micro Account starts with a minimum investment of $20 and it welcomes traders with 20% welcome bonus. Traders that register with Micro account have the opportunity to get free trading. We weren’t sure what free trading means so we have decided to contact uBinary live chat and find out more. Live chat agent has answered right away and told us that he will ask our account manager regarding our query. The answer has confused us because until that moment we didn’t manage to register with uBinary, nor we did have any trading account.

Micro account provides 14 days of using free signals and allows up to 70% payout. Traders that register with Micro account has some kind of trader protection insurance, but when we have asked to find out more, support agents again told us that our account manager will contact us regarding our question.

uBinary Mini Account starts with the same minimum trading amount like Micro account but this account allows 25% welcome bonus. uBinary Mini account allows 30 days of using free signals, free training, and advanced trading guide. uBinary Mini account allows up to 75% payout and includes Buy me out option. This uBinary account also includes Flip and trader protection insurance.

uBinary Standard Account has increased the minimum trading amount to $50and allows 30% of welcome bonus. In our uBinary review we have found out this trading account includes a personal broker and up to 80% payout. The standard account includes an unlimited period of using free signals.

uBinary Gold Account starts with higher minimum trade amount which is $150 and allows up to 40% bonus. This account includes all trading features that are mentioned in previous uBinary accounts and allows up to 90% payout.

uBinary Platinum Account starts with $250 minimum trading amount and allows up to $5,000 bonus. This account includes a personal uBinary personal account manager and up to 95% payout with unlimited trading features that provide free signals, protection insurance, buy me out and many other helpful tools.

After a trader registers with one of the mentioned uBinary accounts, they will be contacted by a uBinary representative.

uBinary

uBinary Trading Software

In our uBinary broker review we have found out this broker uses completely new trading software that we all are used to. uBinary is based on a trading platform called paragonEX and it comes as a fresh novelty to traders that are tired of trading with regular binary options platforms like SpotOption or Tech Financial. From our perspective, the uBinary platform looks well equipped with useful trading tools and traders won’t see any annoying marketing pop-ups, banners or irritating promotions that we all are used to. With uBinary traders can simply focus on trading pure binary options without the need to think about anything else.

uBinary platform allows traders to adjust the platform with two different layouts which give the option to set the platform according to trader’s needs. In our uBinary review, we have liked the first layout. It allows platform appear in small four windows that are placed side by side and traders can see a big trading chart with their favorite assets.

For traders are looking for open or closed positions, the uBinary platform has placed them at the bottom of the platform. The trading platform is easy to monitor and traders will be able to follow their trading activity on their smartphones too.

uBinary review showed traders can choose between various underlying assets such as 32 currency pairs, 6 commodities, 7 indices and more than 40 stocks which are more than enough to feel diversity in trading. As mentioned on the uBinary website, traders are welcome to use tested strategies and support from their professional team that will guide them and help if they encounter any doubts.  

As already mentioned in our uBinary review, this broker provides The Flip feature which allows traders to change their mind even if they have already chosen a certain position to trade. This option is available up to five minutes before the asset is about to close. For more information about the Flip option, contact your uBinary account manager.

uBinary review showed that traders are welcome to use Buy Me Time tool which enables extending the time of a certain trade. This cool feature is also available for 60-second trades.

Besides Buy Me Time, uBinary provides well known Buy Me Out option where traders allow traders to close a position before the expiry time.

In our uBinary review, we have found that this broker provides a vast amount of trading options and user management tools that may be very helpful during the trading process. One of the interesting features we have found is Built In Risk Management option where uBinary allows traders to ensure all trades that are lasting longer than five minutes. Traders are welcome to choose the level of insurance which is limited to 30% and basically, they will have a return on a failed investment.

We haven’t found information about the uBinary demo and we couldn’t reach their customer support during our uBinary review.

uBinary Support Information

We haven’t had a pleasant experience with a uBinary support agent. We hope that other agents provide helpful information about this brand. We didn’t get an answer on many of our questions such as: do they have a demo account, what is minimum deposit with uBinary, what is the Flip option etc.

Traders are welcome to use a uBinary financial calendar that is available to all traders, no matter which trading account they have registered with. Besides financial calendar, uBinary review shown rich options trading academy section with a variety of educational information. We have found that uBinary website offers a rich glossary, explanation of advanced trading tools, FAQ database, blog section and uBinary news section.

Besides support experience, we have found that uBinary provides live chat support that is available 0/24 for six days in a week. The website is available in English, Arabic and Russian which may be convenient for traders that are not good with English.

There are several countries with uBinary global offices and traders can reach all of them through telephones. We have found out that uBinary telephones are available in Switzerland, France, UK, Bahrain, Hong Kong, Italy, japan, Sweden, Russia and Saudi Arabia

If traders want to contact broker through the mail they can send it on [email protected]

uBinary

uBinary Company Information

uBinary allows traders to make a deposit using all major credit cards, E-Wallets or bank wire. If using credit cards, it is good to know that uBinary has ensured client’s security with SSL protection. In our uBinary review, we haven’t found any information that traders are charged with additional fees when depositing.

Before making the first withdrawal with uBinary, traders need to verify their trading account by providing several documents to uBinary. Traders need to provide copies of valid identity card or passport, a utility bill that claims current address and copy of a credit or debit card. Documents should be sent on [email protected]

When making a withdrawal it is important to know that minimum amount to withdraw is $50. Traders should be aware they can’t withdraw their funds to a bank account that hasn’t exact name as the name of their uBinary account.

uBinary - Review Conclusion

  • Excellent trading options
  • No demo account