Up to 100%
|Headquarters||106 premier building, Mahe, Victoria, Seychelles|
|Support Number||883 51000 8211 639|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$200|
|Minimum Trade Amount||$25|
|Bonus||Up to 100%|
|Free Demo Account||Open Demo|
|Account Types||Start, Silver, Gold, Platinum, VIP|
|Deposit & Withdrawal Methods||VISA, Mater Card, Maestro, OK Pay, Neteller|
|Number of Assets||150+|
|Account Currency||USD, EUR, RUB, GBP, PLN|
One of the brokers that traders from Russia, Eastern Europe or anywhere in the world can rely on is UTrader. This broker has been around since 2011 and from the past 5 or so years, they have been meeting the expectations of their customers and offering quality and dependable service. Their offerings are very competitive whether it is their selection of assets, payoffs, trading options or customer support service.
Recently, we got the opportunity to take a detailed look at this broker. We have compiled our findings in this review that you can read and learn more about them.
How to Use UTrader?
The services and features of UTrader are accessible through their trading platform. In order to make investments with them, traders must first set up an account. The SpotOption trading platform is very popular as it contains many special features that can enhance the overall trading experience.
The good thing about trading with UTrader is that you can select from a list of over 150 assets. The trading options are also in abundance which means that traders can try their hands on the classic one touch, high low, ladder as well as turbo options. The expiration times of these options can range from few seconds to longer term such as months and even year end.
As soon as traders feel that they are prepared for making investments, they can choose the assets they want to trade along with the options they feel most comfortable with. Traders can start by making a minimum deposit and using the funds for investments. traders can always change their trading strategy as per their needs. U Trader supports mobile trading as well which can facilitate trading while you are on the move.
No Download Required
When we look at the trading platform and how the process is facilitated, we find that UTrader operates on a completely web based platform. This is a good thing because it helps traders get started quickly. The platform consists of many trading tools and special features that can help in applying strategies and improvising if needed.
How to Get Started?
The sign up process is simple and there are only 3 steps to getting started with UTrader. The first is the registration process where your details must be entered in a quick sign up form. The next is making deposit and investing the money on assets. Lastly, traders are free to withdraw their earnings using one of the convenient available from UTrader.
Returns & Cost
Different trading options yield different returns. While the classic options can give an average of 85%, it is possible to achieve up to 650% with turbo options.
There are no costs involved for signing up at UTrader. But when it comes to making investments, traders must add funds to their account. To get started, traders must meet the minimum deposit requirement.
Is U Trader Scam?
The firm was founded in 2011 which means they have been around for long and a large number of traders have already tested their services. From the reviews and feedback of their past customers, we can tell that UTrader is a genuine broker. They are far from being a scam because there are no serious complaints about them. The feedback is mostly positive.
UTrader has more than 250,000 satisfied customers from across the globe. They offer an extensive range of trading tools and features. The quality of their services are unmatched in the industry and their plus point is their credibility.
Review Verdict: Utrader is Not a Scam
Minimum Deposit & Withdrawal Procedure
There are few ways to make payment at Utrader. The payment options available can be used for both deposits and withdrawals. They include credit cards, ewallet, OKPay, Bank Transfer and Neteller. The money that is added to the account is kept safe and secure because UTrader makes use of the latest technology in data encryption.
UTrader offers fast withdrawals and the processing time is under 3 days. However, before traders can get their funds transferred, they need to get their identity verified to avoid fraud.
Account Types and Bonuses
There are few levels of accounts that can be chosen. They start from Start Account which requires a minimum deposit of $300 and goes up to a VIP account where the minimum deposit requirement is $25,000. Each type of account comes with special features and bonuses. Welcome bonus starts at 50% and goes all the way up to 150%.
UTrader’s customer support service is one of the biggest in the binary options trading industry. The representatives are available round the clock via phone, live chat, email and Skype. Aside from English, they support 3 other languages including Polish, Russian and Dutch.
The best part about their customer service is that if traders want, they can get into touch with a personal analyst as well who can guide them and help them make the right trading decisions.
“My personal experience with UTrader has been amazing. I absolutely love trading with this broker because they are so reliable and trustworthy. The trading process is easy and their platform is also user friendly. When I started out, I didn’t have much experience in online trading. But I made the effort to go through the educational materials available on their website.
The information and learning tools they offer are extremely useful and I was able to learn directly from them before I started trading. The entire experience has been amazing.”
– Danielle, 28
Our research confirms that Utrader is an impressive broker. They offer useful educational materials and tutorials that are suitable for beginners and advanced traders. A demo account is also available upon request. Most importantly, the bonus system is very flexible and it doesn’t put burden on traders.
Overall, we are impressed with the offerings of UTrader and we would like to recommend them to all those traders out there who are looking for genuineness in a broker and the opportunity to make substantial profits from their investments.