uTrader Review

uTrader Review

uTrader Review

This time, we are once again examining a more experienced company. uTrader binary options has been around since 2011, so just from that fact alone, you can conclude that this is a serious and pretty successful broker.

However, binary options are not the only thing you can trade on this website because forex and CFDs are at your disposal, as well. Therefore, we have a lot of work to do in this uTrader review, but rest assured we will leave no stone unturned.

Our best people are on the job, and you can expect to find all the most important details about this company’s offer in the following paragraphs. Read on and prepare to discover a great business partner.

PROS

CONS

– excellent trading platform

– covers all types of trading

– loads of interesting bonuses

– low minimum withdrawal

– great support

– versatile account packages

– no demo account

Choose the right uTrader account type

Let’s start our guide with the choices you have before your first uTrader login. We’re talking, of course, about the account types you can choose between, of which there are five. The first one is called the Start account and is meant for those who are willing to deposit between 300 and 2000 USD. You get everything you need to start your trading career here, including a short intro to the platform and access to analytical and educational materials. The Silver account (up to 6000 USD) adds a personal analyst to all that, while the Gold account (between 6000 and 30,000 USD) will also provide you with specialized reviews of your trading account once a week. The last two uTrader account types are Platinum (30,000 – 60,000 USD) and VIP (60,000+ USD), and this is where things start to get really interesting. Not only will your withdrawals be prioritized and executed as quickly as possible, but you will also receive quarterly trading plans and help to develop your own trading strategy. The VIP account also has some hedging tools and gives you access to trading with a financial analyst.
You can see that, no matter which account type you choose, you will be in for a great time once you complete your uTrader login. However, to be able to trade, you will need to have some funds in your trading account. Learn how you can transfer them there in the next part of our uTrader review.

uTrader Account Types

uTrader Account Types

Plenty of ways to make your uTrader deposit

OK, we will now see what can be found on this website in terms of funding your account. First, we have to say that uTrader deposit methods are quite modern and quite safe, as can be seen in our Is uTrader a Scam? article. You can clearly see from the way things are done here that the company is doing its best to stay in touch with the latest technological developments. The methods include things like Skrill, WebMoney and Neteller, credit cards are also there of course, but you can also use OKPay and MoneyNet, which are not methods you get to use that often in this industry. As for the currencies that can be used for your uTrade deposit, you can choose between EUR, USD, GBP, RUB and even PLN. Again, more than fair and more than what most other companies can offer.
When it comes to numbers, though, it’s important to note that the broker charges on no deposit fees and that your funds should appear immediately in your trading account. As for the uTrade minimum deposit, you will need at least 300 USD, like we said in the previous part of this review. This is perhaps a bit higher than usual in the binary options industry, but not by much, and we think it’s still perfectly acceptable. However, this requirement can go down on special occasions, so why don’t you head over to the next part of uTrader review to see what we mean? You’ll love what’s coming next!

uTrader Deposit Page

uTrader Deposit Page

Make the most out of uTrader bonus policy

It’s always interesting to see how a broker designs its bonus proposals because this can tell you how much they value you as a client and what they’re willing to do to keep you.
uTrader bonus policy is actually quite thorough and interesting and based on several innovative ideas. The first is what the company calls “insurance” against bad trades. In reality, this uTrader bonus revolves around risk-free trades which will reimburse you if you make a wrong prediction, but let you keep the profit if you’re successful. This option can be used not just with uTrader binary options, but with CFDs and forex too, which just adds to its attractiveness. However, you will have to contact the broker before you activate this because they are the ones who will determine how big your risk-free trade can be.
In addition to that, you will find a uTrader bonus designed to give you a major boost once you make a deposit. Depending on the account type you choose, it will range between 50% and 150%. But there are special occasions which can bring you even more. For example, as we’re writing this article, you have the chance to win a 200% bonus if you deposit at least 200 USD. So be on the lookout because you don’t want to miss out on a chance to increase your trading funds several times, plus you also get a lower uTrader minimum deposit requirement. It is also very interesting to note that the uTrader bonus turnover you need to make is only 20 times the amount of deposit and bonus combined, which is significantly lower than what you usually find in this industry.
Since we’re on the subject, we should take a look at how the whole withdrawal process works. But that will be the topic of the next part of our uTrader review, so don’t go away.

uTrader Insurance

uTrader Insurance

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uTrader withdrawal is quick and easy

So how does uTrader withdrawal work? Surprisingly well, actually! The advantages of using this process over other processes of this kind that are provided by other brokers are pretty evident. But let’s start things off from the top.
uTrader withdrawal methods offer the same selection you have when depositing the money, but be careful if you deposited via a debit or a credit card. In that case, you will have to make a withdrawal to those cards first, up to the amount you deposited, before you can use the e-wallets. This is nothing unusual in the business, but people often forget about this condition. Additionally, you can complete this procedure only by using the same currency you used to deposit, but that pretty much goes without saying.
Minimum uTrader withdrawal requirement is only 25 USD/EUR, which is pretty low and allows for a much bigger degree of freedom when planning your next move. All requests are processed within two working days, but you can always cancel the whole thing if you change your mind for some reason. One final thing we have to mention is the fact that every first uTrader withdrawal of the month is free, whereas you can expect a 12$ fee for every other withdrawal during the same month. The only other withdrawal fee apart from that is the 25$ you have to pay if you decide to use wire transfers. Other than that, the broker won’t charge you anything, but keep in mind that your payment service provider may still do so. With that out of the way, let’s see what else this uTrader review has to show you.

uTrader Withdrawal Page

uTrader Withdrawal Page

Excellent uTrader platform

uTrader binary options, forex and CFDs are all traded on the broker’s platform which is based on SpotOption software. For those of you who don’t know, SpotOption is one of the leaders in the trading industry, and their software is used by numerous brokers all around the world. Therefore, you can expect immediate execution of your trades and only the very latest and most relevant data because uTrader platform is connected to two major data sources – Leverate and Reuters. You have more than 150 different assets from the fields of commodities, stocks, indices and currencies to choose from, so the selection is quite impressive. We should say that standard binary options can bring you a profit of up to 90%, which is even greater than the industry’s average, but if you explore other trading modes, you will see that your potential winnings can grow significantly.
Speaking of trading modes, uTrader platform has several of them to offer you. Long Term, Pairs, One Touch and Ladder all represent different ways you can trade. This is equal to the best brokers in the industry when it comes to the number of choices, but there are also some very interesting twists on some of these modes which will bring a bit of freshness to the whole trading process. Therefore, you can be sure you will have a lot to explore and many trading options at your disposal.

uTrader Trading Platform

uTrader Trading Platform

And still we’re not done with the features uTrader platform has in its arsenal. Three different types of orders can also be used here: Rollover, Double Up and Sell Position. This means that you’re not a passive trader once you open a trade, but you can react to the situation on the market and potentially increase your profits or significantly diminish your losses. Add to that the fact that you have more than enough analytical tools at your disposal, including also help from the company’s staff, and you can be absolutely sure you will enjoy trading here.
The only objection we have is that uTrader platform does not come in a demo version, so you don’t have a place where you can practice and check everything out in peace. This is something we believe should be added soon to an otherwise perfect trading environment. Of course, you don’t have to stick to the desktop platform all day to be able to trade with this broker. More on that in the next part of uTrader review. Keep reading!

Mobile trading with uTrader app

That was a slightly longer paragraph, but the platform deserves it. However, we’re still not done talking about trading here. No serious broker will leave its traders to fend for themselves while they’re not in front of their computer. That’s why we have to take a look at uTrader app in this review, too.
uTrader app is available on both Android and iOS devices, so most of you should be able to use it without any problems. It is also completely free of charges and brings you everything the desktop platform has to offer although, obviously, in a slightly condensed form. Nevertheless, you will be able to navigate the platform effortlessly and examine all your previous trades if you want to, all thanks to a very simple and intuitive UI. uTrader app also allows you to deposit when you’re on the move, which is also very important when you want to react to a market event quickly. Naturally, your every trading order will be executed instantly, plus you will have the same live charts in front of you as the ones utilized by the desktop platform. Should something about uTrader app still be unclear after you go through all of its options, you can also use various support methods which are also integrated here. In conclusion, the broker has done a stellar job in this respect, so you can easily remain always connected to the market. Let’s see if other aspects of their offer live up to this standard. Our uTrader review continues.

uTrader bitcoin and cryptocurrency trading

Given the latest craze surrounding this cryptocurrency, it is important that we mention the fact that uTrader bitcoin is also among the assets here. Not only that, but the broker sometimes even has some very attractive offers regarding it. For example, as we’re writing this review, you can get your uTrader bitcoin for half the price it currently has on the market! That’s a really spectacular deal that can bring you thousands of dollars with a single click. There are 100 of them left, but you don’t have to buy a whole coin if you don’t want to. The same deal applies if you want to buy 0.5 or 0.25 BTC.
Additionally, you don’t have to buy the cryptocurrency. Like we said, it is listed as an asset here, so you can trade it on the broker’s platform. But uTrader bitcoin is not the only cryptocurrency on offer here because litecoin can also be traded. Therefore, on top of binary options, forex and CFDs, you also have another type of trading to consider. Don’t miss out on the opportunity and be sure to check the website regularly for more spectacular deals. As for this uTrader review, don’t worry, there are more interesting things like this to discuss. Read on!

uTrader Cryptocurrency Trading

uTrader Cryptocurrency Trading

 

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Are there any serious uTrader complaints?

So far, our impressions are pretty good, but are there any serious uTrader complaints we need to be aware of? To find that out, we talked to several people who trade here regularly. Their impressions where overwhelmingly positive, although not perfect. Most of them noticed the lack of a demo account, something we mentioned earlier too, but that’s the most serious of uTrader complaints we heard. All traders stated that they were pleasantly surprised with the platform after signing up, so the lack of this particular account type didn’t turn out to be a big problem.
uTrader binary options are the main reason why people come here, although forex and CFDs are also traded, but we didn’t get the impression they are as popular as the first choice. People like the broker’s app and particularly the support and the education materials you get here, which all add to the experience. One of the more common uTrader complaints we heard is about the minimum deposit needed to get things started, but every trader we talked to said that in the end this turned out to be a good investment. Apart from these two things, we found nothing worth noting here – people are satisfied with what they get for their money and, frankly, so are we. However, we are still not done with our uTrader review. There is much more to analyse, and we intend to be extremely thorough, so stick around and learn more about this interesting company.

uTrader support and contact methods

For a good trading experience, you always need to be able to contact someone who can help you quickly if you encounter something that needs further explaining. That’s why uTrader binary options offers a huge variety of contact methods: they have a live chat application integrated into the website, they offer you the possibility to contact them by phone or e-mail, and you can even get in touch via social networks or Skype. You don’t even have to perform a uTrader login. This last option is particularly interesting because you don’t get that choice very often, and the fact that you can actually see who you’re talking to does wonders for the broker’s credibility. As for the social networks, Facebook and Twitter is where you can find this company.
It goes without saying that the service the company’s support team provides is absolutely superb and that the people are very professional. On top of that, they respond very quickly, especially on the live chat, which is something we appreciate very much. We should also say that you can easily study the broker’s policies on things like AML and privacy if you want to know absolutely everything about the way business is done here. Just head to the bottom of the website’s main page, these people hide nothing. We’re still not done with our analysis, though, and this uTrader review has a lot more to discuss.

uTrader About

uTrader About

uTrader educational materials

Since we’re on the subject of assistance, we should take a look at the educational materials here, so let’s see what you can expect.
The first thing we need to emphasize is the uTrader platform eBook. It has 14 pages covering all the features you can utilize while trading here, and each section is accompanied by an illustration. The language is kept very simple, so even those of you who have never traded before will be able to understand everything immediately. This is definitely a great place to start learning. However, there is much more where that came from. Apart from the glossary, you have a fine selection of videos you can watch. They are separated in categories for beginners and advance traders and cover everything from lectures on distributing risks to tips on how to recognize specific patterns.
Finally, you can also attend uTrader webinars, which is a relatively new feature on the website. On average, there should be at least three or four of them per month, but this may vary depending on the time of the year. What is important here is that uTrader webinars are held by trading professionals and they cover a lot of different topics. Here too it doesn’t matter if you’re a beginner or a trading expert because the webinar topics are designed to include everyone. With that, it’s time to conclude the article. Stay just a bit more for the final recap.

uTrader Video Tutorials

uTrader Video Tutorials

Conclusion

As you can see, you’ll get everything you need and much more from this broker, and we feel that is the best way to wrap up this uTrader review. Once you complete the login, you will gain access to numerous trading opportunities and be able to explore an excellent trading environment. No matter if you’re using it on your desktop or as an app, uTrader platform excels in every respect. Loads of assets, trading modes and orders can all be used to make the perfect investment. The broker also accepts many different payment methods, so you should be able to complete every transaction effortlessly. Furthermore, you can count on great support every step of the way because the people working on this website are very quick to answer your every call. In addition to that, the education materials are diverse and very helpful. No wonder people are in most cases very satisfied with their experience here. Interesting bonuses also add to the positive impression, plus you have five different account types to choose from. So, no matter if you want to trade uTrade binary options, forex or CFDs, this is where you want to open your account. Do it now and you will be in a great position to start a successful trading career. Good luck!

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Author's overall rating:
Author: Ben Prescott
Updated:

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