I would like to tell you about a wonderful broker uTrader. I came across it by chance and consider the broker to be a catch for any investor. Actually, it offers the same terms as other brokers. However, the brokerage company has some peculiar features deserving attention! Now I want to share with you all the information I managed to learn about uTrader from the company managers and trading experience with it!
uTrader is a trade mark belonging to Day Dream Investments Ltd. The company is registered in Riga (Latvia, EU), not in Cyprus, the Virgin Islands and other offshores.
Latvia, Riga, A. Briana 9A-2, «Valdemara Pasaz».
In my view, this makes company more familiar and closer. Also, it means that you can get support when you need it. One more plus is that the company is going to open branch offices in European countries. Besides, the broker is certified by the EU financial organizations.
If you need to contact the broker, you can do it in any convenient way like Skype, phone, e-mail, and on-line chat 24 hours.
Only with uTrader, you can buy binary options on stock of the companies like:
This can be of special interest to people finding pleasure in cars and those seeking an additional source of income.
You might have heard that companies withdraw hundreds of thousands cars. If Nissan, Fiat, or Toyota withdraws cars from selling, this is a good chance of generating a profit. Once you hear or read news like this, buy a PUT option because the company stock will undoubtedly drop.
The broker provides not only oil and gold in the commodities menu, but also Coffee, sugar and wheat.
Beside all currency pairs, you can buy a binary option practically on any index. Thus, uTrader offers a wide choice of interesting underlying securities updated regularly. At the bottom of the homepage, there is a link to Underlying Securities. Following the link, you can see the full list of the underlying securities offered by the broker, read their description, and get to know trading hours during which you can buy the binary option you need.
The most pleasant thing is bonuses up to $2,000 to each client.
To get a bonus is always pleasant. Besides, this increases your deposit. You can learn more about the bonuses below.
The uTrader’s Website
I like the website of uTrader. Though the design is minimalistic, it’s modern and fashionable. Actually, such designs are for my liking. They are simple, user-friendly, and robust. The most important thing about this design is that it doesn’t divert your attention from trading. You can trade on the homepage.
One more important peculiar point is functionality. What I noticed at once is the functionality of the charts. Typically, brokers provide 30 minute charts. And if you want to check a longer period, you need to use a live chart, type the name of the underlying security, and analyze. On the website of this broker, you can check the price history for the last 10 hours. Undoubtedly, it’s not a month, but it’s a longer period comparing to what other brokers provide. This feature can be really helpful sometimes.
Trading binary options with uTrader is conducted via uTrader TP, the special unique platform developed on the basis of SpotOption by the world’s top company in the field of binary options trading software.
The real plus of uTrader TP is that you don’t need to install or download software to start trading.
As I have said, you can trade staying on the homepage. This is really convenient as you don’t need to extra click.
Binary Options from uTrader
The five tabs on the homepage are for different types of binary options to trade with uTrader.
This is a classic type of binary options. With this type of binary options, you just need to figure out the price direction. In the submenu, you can easily find different types of underlying securities, namely, stock, commodities, currencies, indices. Next to the underlying security, there is a buying value column, the additional instrument of doing market analysis. You can buy binary options from uTrader even for a year, but I don’t see any point in this.
Generally speaking, based on my experience, to buy binary options is better for an hour or till the end of the day.
Minimum investment is $20.
This page is for those traders who want to buy a binary option for a long period, up to a year. Actually, I don’t know whether anybody buys options for so long periods, however, if you want, you can buy a binary option, for example, for a couple days.
60 Second Options
By this option, uTrader is making a revolution. The broker offers to invest for a period of 30 seconds, 60 seconds, and 120 seconds. Short-term binary options are meant not for all traders. Nevertheless, it’s a good chance of making a good return, in particular, if you observe the rules of successful trading. Minimum investment in a short-term option is just $5, not $20.
ONE TOUCH Options
Shortly speaking, this type of binary options is for experienced traders. With this type of binary options, you don’t figure out future price direction. What you need is to predict the amount by which the price increases or decreases, for instance, whether Google stock will reach the 1055 point during next 3 days or not.
This is more difficult type of trading. However, the profit on One Touch with uTrader can be as high as 550%!
Trading with uTrader
There are several account types. Each of them has own peculiarities and minimum required deposit.
The first account type is START, minimum deposit is $200. If you open this account, you get a bonus of up to $100. The Advanced account means minimum deposit of $1,000 and a bonus of up to $1,000. This account ensures regular consultations and trading strategies from the broker. The PRO accounts from $3,000 give the right for a bonus of up to $2,000 or deposit insurance. In addition, you get help in developing a trading strategy, an advanced course, and analysis of the client’s trading by the broker.
A Review of uTrader
Generally speaking, the company is rather interesting. It provides all necessary instruments of making a profit on binary options, own unique underlying securities, a user-friendly interface, and 24/7 support.
I advise you to have in mind this broker. I wish you the best of luck, and I hope this review would be useful!