uBinary
No
$250
uBinary
3.6/5
uBinary - Review

uBinary Video Review

uBinary Review 

uBinary Review Article

uBinary Review Article

Despite being a new entrant to the binary options industry, uBinary has earned a reputation as a broker that provides its clients with exceptional service and payouts. A brand name of the PPT Capital Ltd, an Isle of Man Investment firm, uBinary is succeeding in attracting new clients everyday who are enchanted by the unrivalled trading environment provided by this broker.

 

Trading Platform

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The first thing that one can notice about uBinary trading platform is the colours. With the careful blend of dark grey, bright orange and a hint of green, the whole dashboard has a very futuristic feel to it. The whole interface is divided neatly into three main categories, the Dashboard section, the Menu section and the trading section.

 

The Dashboard

The dashboard displays all the relevant information about the trading account. Traders can easily how they have invested and how much their remaining balance is. 

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The Menu Bar

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All trades are carried out through the trading section. The trader choice bar let traders see what the others are currently buying.  If traders want to trade based on market sentiment, this a good tool to gauge what the sentiment of the market is like. 

 

Even without any training on how to operate it, one would instinctively know what to do with all the various buttons. At the tips of their fingers, traders will find a full array of assets that they can trade with. These include currencies, commodities, indices and stocks. All trades can be accomplished in just three simple steps. 

 

Trade Types

There are only a few types of trades available at uBinary. They comprise of the classic high/Low options and extremely short term 60 second options. Also there is a 2 minute and 5 minute platform.

 

Trading Accounts

There are three types of trading accounts for traders to choose from.

 

  • Standard Account

-          Suited for beginners to start with. Minimum initial deposit here is $100.

  • Gold Account

-          For more experienced traders.

  • VIP Account

For professional traders with a senior personal market analyst at their disposal.

 

Payout Ratios

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The payout at uBinary is one of the highest around with an average of 85%. They Do also seem to offer out-of-the money cashback for unsuccessful trades.

 

Asset Index

Currently, traders can trade on a range of 62 underlying assets: 31 currency pairs, 6 commodities, 7 indices and 18 different stocks. Below is a full list of the assets that are available for trading.

 

Currencies

Commodities

Indices

Stocks

AUD/USD

EUR/USD

GBP/USD

NZD/USD

USD/CAD

USD/CHF

USD/JPY

USD/NOK

AUD/CAD

CAD/CHF

CHF/JPY

EUR/AUD

EUR/CAD

EUR/CHF

EUR/GBP

USD/ZAR

EUR/JPY

EUR/NZD

GBP/AUD

GBP/CAD

GBP/CHF

GBP/JPY

GBP/NZD

NZD/CAD

NZD/CHF

NZD/JPY

AUD/CHF

USD/SEK

AUD/JPY

AUD/NZD

CAD/JPY

Oil

Silver SP

Gold SP

Natural Gas

Corn

Coffee

 

Nasdaq 100

Dow Jones

SP 500

DAX 30

FTSE 100

CAC 40

Nikkei 225

 

Amazon

Apple

Facebook

Google

Microsoft

Boeing

Goldman sachs

JPMorgan

Chevron

Exxon mobil

Nike

CocaCola

IBM

AIG

CitiGroup

Walt Disney

Wal-Mart

Manchester United

 

 

Customer Support

Customer support at uBinary is available 24/6. Traders can go through email, live chat or the telephone to get in touch with the support team.

 

Reliability

In terms of technical reliability, the trading platform performs superbly. Trades are executed without any delays and efficiently. This is not surprising as uBinary a small company of full-time system analysts just to make sure every run smoothly.

 

Payment Processing

To ensure the smooth processing of payments, funds are channelled through:

 

  • Credit Card
  • E-Wallet
  • Wire Transfer

 

Encrypted Traffic

Passwords and account information are all encrypted and protected with various security tools to prevent hackers from comprising the system. 

 

Pros

  • Low Minimum Initial Deposit Requirement
  • Offers Generous 30% Welcome Bonus
  • Ongoing Promotions
  • Refer a Friend Program
  • User Friendly Trading Platform
  • Responsive Customer Service

 

Cons

The only compliant about uBinary is the fact that they don’t offer one-touch platforms.

 

Conclusion

Overall, uBinary deserve the reputation that they have earned. Their exceptional service, intuitive trading platform and personalized one to one coaching will suit new traders well. The high payouts offered is another factor which makes uBinary a good choice for a binary options broker.

 

 

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