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uTrader broker is operated and owned by uTrader Day Dream Investments Ltd with headquarters located in the Marshall Islands. In our uTrader review we have found out this broker provides binary options services through a variety of trading services and excellent platform. The broker has a lot to offer, starting from $200 minimum deposit, to up to 85% payouts which are considered to be industry average. In our review, we have analyzed what features are offered by this broker and are there any chance to gain profits with this broker. Read more in our uTrader review below.
uTrader Special features
In order to start trading with uTrader traders first have to register for free. After they create a trading account, they need to deposit at least $200 to begin trading. The minimum deposit amount is somewhat lower than it is the industry average so it is more accessible to those with a lower budget. According to the uTrader, traders can choose to the trader with more currencies that include EUR, USD, RUB, PLN and GBP. Once the currency is selected, the trader will always use the same currency with that trading account.
The broker site showed that uTrader allows up to 85% payouts and for those who didn’t know, uTrader allows automated trading too, but more about that read in further text.
uTrader review found that broker provides more than 90 underlying assets to trade with. Four groups of assets are available (commodities, stocks, indices and currency pairs). Those who want to check all available assets can find the full list in uTrader asset Index tab.
Utrader review found traders are allowed to trade with five different trading accounts that depend on their preferences:
uTrader Start Account allows up to 50% of welcome bonus and it applies standard withdrawal rules for its clients. uTrader review found that Start account provides analytical and educational materials along with an introduction to the uTrader trading platform.
uTrader Silver Account starts with minimum deposit $1,001 and welcomes traders to accept up to % of welcome bonus. Besides the features from the previous account, uTrader review has found that Silver account allows traders to contact their personal financial analyst and use up to two trading strategies.
uTrader Gold Account begins with 120% welcome bonus and it provides all features mentioned in previous accounts. When we speak about withdrawal terms, uTrader Gold account has applied accelerated rules for its clients. Utrader review found out traders can get and individual review with uTrader financial analyst once a week for 30 minutes. In order to start trading with Gold account, traders need to deposit at least $5,001.
Utrader Platinum Account welcomes traders with a same welcome bonus as a Gold account. Platinum clients have the highest priority when they decide to make a withdrawal. Our uTrader review noticed that Platinum clients have at least two hours of individual communication with the financial analyst. The Platinum account allows traders to have a quarterly trading plan, which according to their support agent means this kind of service is provided by a financial adviser that is able to make a plan for the trader that allows them to trade more successfully. Besides the trading plan, uTrader includes a special trading strategy development. Trading with Platinum account starts with $25,001.
Utrader VIP Account starts with up to 150% welcome deposit and it includes all features from previous accounts. Clients that decide to register with VIP are provided with VIP hedging tools and they have the highest priority to trade online with the financial analyst. The uTrader review found this account includes screen demonstration of real-time trading.
uTrader Trading software
uTrader is based on the famous SpotOption platform. According to the broker, SpotOption is an internationally recognized brand that is fully integrated with uTrader in order to provide security and excellence in binary options trading. The platform is constructed to provide user-friendly services and it includes a lot of interesting features.
uTrader review found that traders can choose to trade with more financial instruments including stocks, indexes, currencies, and commodities. We have found this broker provides more than 80 underlying assets. Traders can follow Platform eBook with full explanation about what the platform offers. The eBook is available for all traders, no matter if they have registered with uTrader or not.
It is important to know that uTrader provides various option types which include Binary Options, Long Term, Sixty Seconds, One Touch, Pairs, Option Builder, Dynamic/One Touch and Ladder options.
We liked the contrast of the interface and clear overview that shows payout and percentage about every trade.
During our uTrader review we have found out traders have the opportunity to follow the latest news on uTrader Economic Calendar. Besides that, traders can also follow latest financial news on “News of the day” section
uTrader Support information
We have tested uTrader live chat support and we can confirm we had a very nice customer support experience. We have been asking specific information about some trading features that are provided in Utrader trading accounts. Their helpful support agent described all specifications without with clear and professional approach.
Traders will be happy to know uTrader provides FAQ and education database with various materials such as eBooks, Glossary, and other education materials. Those who don’t find answers to their questions can easily contact uTrader using live chat, email or phones located in UK, Canada or Australia. Besides standard communication types, traders can follow uTrader on Facebook and Twitter.
uTrader review has found out traders can open the website in English, Russian or Polish, which may be convenient for those that want to use their own language. We can say that uTrader could work on translating their page on more languages worldwide.
When writing our uTrader review we haven’t found this broker provides demo account feature. We believe demo account is an excellent option for all traders. Demo account could help in getting familiar with the trading platform and its features. We have asked the uTrader agent if they have a demo account and their answer was:
“We do not have a demo account, but we are offering education and help of the financial adviser.”
Traders that register with uTrader can access the platform using a desktop version of uTrader. This means no programs need to be installed in order to start trading with uTrader. For those who are more on the go, uTrader review has found out this broker provides Android and iOS app.
uTrader Banking and company information
According to their site, uTrader gives their best to deliver the finest services for its clients. UTrader strive to provide the safe trading environment and various payment options. Traders are welcome to make deposit and withdrawals using some of the major bank providers available worldwide.
Supported cards are Visa, MasterCard, Visa Electron, Maestro, Delta, Solo, Maestro UK. Traders can also use some of the well-known E-Wallets: Skrill/Moneybookers, Neteller, WebMoney, OKPay, MoneyNet. uTrader also provides payments via bank wire.
Traders can start trading with uTrader with a minimum deposit of $300 and minimum trade with binary options is $20, but traders can invest $5 into Turbo options.. uTrader found out that broker allows up to 85% of payout. The minimum withdrawal is $25. First withdrawal in a month is free of charge.
uTrader is owned by uTrader Day Dream Investments Ltd Trust Company Complex, located on the Marshall Islands.