UKOptions.com Review

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Established: 2013

Platform: SpotOption

Min. Deposit: $250

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Quick Summary

Doesn't Accepts USRegulatedPayout
accepts usUp to 85%open account

 

Full Review

UK Options is a UK-based binary options broker established in 2013 that offers a secure and advanced trading platform for beginning and experienced traders. Clients can invest in over 80 tradeable assets, which include forex pairs, commodities, indices and shares – all within a secured environment that complies with the highest data-security requirements available. A choice of four specially tailored accounts are on offer – all fee & commission-free. These range from Beginner through Experienced & Professional and up VIP, with its mind-boggling $30,000 bonuses.

The company takes security and anti-laundering regulations very seriously, with zero-tolerance for any suggestion of fraudulent behavior. Compliance is ultra-strict, security measures are state-of-the-art and continuously upgraded, and client funds are maintained in segregated fiduciary bank accounts, which cannot be used for company cash flow.

 

 

 

Trader Info
  • Payout : 85%
  • Minimum Deposit: $250
  • Regulation: Yes
  • US Friendly: No
  • Demo Account: No
  • Bonus: Up to 100%
  • Minimum Trade: $5
Platform Overview
  • No. of Assets: 150+
  • Asset Classes: Stocks, Currencies, Commodities, Indices
  • Trading Features: Pairs, Long term, 60 seconds, 1-touch, Ladder and Forex
  • Software Platform: SpotOption

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Trading Platform

UK Options uses the Spot Option platform adapted to its clients’ requirements and desires. The platform is available on Windows, iOS, Linus and Android devices, both desktop, laptop and mobile (phones & tablets), and using all current browsers. No downloads are required – simple a device and an internet connection.

The standard interface has been simplified and displays asset, option expiration, amount and a chart that calibrates between 30 minutes and 12 hours. The default instrument is the regular call/put option, through which one can access whatever hot assets are being traded momentarily. Instruments offered include pairs, long-term, 60-second, 1-touch, ladder and forex, with the latter enabling stop-loss and take-profit orders. Features include Double-up, Rollover & Early sell.

Investing in forex using the UK Options platform, incidentally, also allows the investor to determine his/her preferred leverage – an option that is missing from most forex platforms, where one’s leverage level is determined when an account is opened and can thereafter be changed only with difficulty. Finally, the Social Trader tab on the platform enables traders to follow experienced and successful traders – an excellent learning tool that enables the trader to determine the follow period, investment level and the limit, when applicable.

For those of the Islamic faith, UK Option also offers Sharia-compliant Islamic accounts (interest-free, swap-free) that are Riba-free (no roll-over charges or fees) and Hibah- enabled (fee-free donation facility).

Deposits and Withdrawals

At 70% to 85% payout for regular call/put options and over 100% and more for one-touch and ladder options, UK Options demonstrates a relatively high chance of success.

The company facilitates deposits in US Dollars, Euros and Pound Sterling using Visa or Mastercard credit cards, Electron, Visa-Debit & Maestro debit cards Neteller, Skrill & Cashu electronic wallets, and wire transfers. Payments are executed within 5 working days, provided all compliance materials have been provided, with an extra 2 days for wire transfers. And, finally, risk-free trades and bonuses are readily available, generous and subject to industry-standard turnover rates.

 

Customer Support and Education

UK Options operates a professional multi-lingual help desk 24/5. Account managers are mostly experienced traders, up-to-date in the latest technologies and market news, and patient to the point of fault. Customers can avail themselves of weekly webinars on topics that include trend-trading, Bollinger bands, risk management and more. The webinars are hosted by the company’s chief analyst, but geared also towards newbies for whom more technical language might be a hindrance. At all levels, one is struck by the level of friendliness and the family atmosphere that enhances the utter professionalism and market savviness displayed.

Unique Features

Besides a very low minimum withdrawal level ($100), UK Options most striking feature is its VIP account, which boasts a managed account and signals three-times daily. Account holders receive an exclusive rewards card, which is – in fact – a pre-paid debit card.  Most striking, however, are the bonuses offered – up to $30,000!

 

Conclusion

UK Options is a WYSIWYG broker. There are no bells or whistles to cover up the fact that it is a trading site for people interested in investing in binary options – no more, no less – simply and safely.

 

Open your account now at UKOptions

 

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