uTrader.com Review

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Established: 2011

Platform: SpotOption

Min. Deposit: $250

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Quick Summary

Doesn't Accept USRegulatedPayout
doesnt accept usCROFRUp to 89%open account

 

Full Review

 

Trader Info
  • Payout : Up to 89%
  • Minimum Deposit:  $200
  • Regulation: CROFR
  • US Friendly: No
  • Demo Account: Yes, after deposit
  • Bonus: Up to 150%
  • Currencies: USD, EUR, GBP, RU, PLN
Platform Overview
  • No. Assets: 100+
  • Asset Classes: Stocks, Currencies, Commodities, Indices
  • Trading Features: High/Low, One Touch, Long-Term, Turbo, 30 Sec, 60 Sec, 120 Sec, 300 Sec
  • Software Platform: SpotOption

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Pretty fast deposits and withdrawals. Customer service was satisfactory/ Trading platform is simple and intuitive, with informative graphs and simple navigation between assets and option types. Double Up, Sell, Rollover features are available within trades.

Particular items which stand out are as follows:

  • Early close feature helps to limit risk.
  • Full range of trading features, including Turbo Binary Options with expiry times 30 / 60 / 120 / 300 seconds
  • High Yield ToucOne Touch Options
  • Large selection of training videos and educational materials
  • Platform E-book
  • Strategy and technical analysis tutorials

 

uTrader Details

Assets Available to trade: More than 90 stocks, more than 30 Currency pairs, 10 Commodities and 44 Indices

US Accounts: No

Currencies Accepted for Deposit:USD, EUR, GBP, RU, PLN

Minimum Deposit Amount: 200USD or other currecy equivalent

Deposit Methods: Credit Card, MoneyBookers, OKPAY

Withdrawal Time Frame: 24 hours

Minimum Investment Amount: 5 USD on Turbo Options

Maximum Investment Amount:

Support: 24/7 Live chat, phone support, Skype

Demo Account: Offers a Demo Account after opening account and making sufficient deposit.

Bonus Structure: Up to 150% bonus. (Check with customer service for current bonus offers).

 

Trading and Features:

Opening the uTrader home page takes you to a Sign up/Login page.

When you log into the account you are taken to the trading platform:

The Trading Screen displays 5 trading Tabs:Binary Options, Turbo Options, Long Term, Pairs, One Touch

Binary Options

Standard Call/Put trades. Default trade screen displays an assortment of High/Low options. Trader can select assets by clicking the corresponding link. There is also a dropdown menu to choose from a list of all the available assets. Select an asset and the trade box is displayed.

Turbo Options

Turbo Options allow you get a pretty high return in such a short time as 30 seconds. Highly exciting instrument. Other expiry times available – 60, 120, 300 seconds.

One Touch Binary Options

In this Option type a trader should choose whether the asset price will reach / will not reach a certain price level within a set time frame.

Long Term

Binary options, where trader can invest in an asset with expiry time up to a few months

Pairs

Trader can choose a pair of assets and predict which of the prices will be higher by the option expiry time.

 

How to Trade on uTrader

1 Select the asset to trade. The current graph will appear.

2 Select expiry time

3 Select investment amount

4 Choose Call or Put option

5 Press Apply and Approve

 

You can follow your trades at the bottom of the same page in the “Open Positions” tab

The “Expired Positions” tab will show your previous trades.

The “Sell” feature allows you to sell the option if you see that it is not going to profit. Charges apply.

The “Double Up” feature lets you double your profit by buying the same option under the same conditions.

The “Rollover” feature lets you prolong the option expiry time to let the price change it’s direction if you see that it is not going to bring you profit.

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