uBinary Review
This brokerage was established in 2011 by a group known as PTT Capital. The founders of this group have extensive experience in the financial industry; in fact, they have more than fifty years of knowledge between them. They are based in the UK and are regulated by the strict financial regulations of the United Kingdom. Anyone offering an Ubinary broker review will acknowledge the fact that this makes them reputable and fair. They are open to traders from all around the world, although are sadly unable to accept anyone based in the US.
A fairly unique part of their service is their dedication to their customers; this is reflected in the fact that every trader is provided with a personal assistant to help them understand the market and place successful trades. Whilst the range of assets this firm offers is not extensive, the Ubinary broker review suggests that there is enough available to provide a good rate of return on your investments; especially with the customer orientated service being provided by the broker.
Trading with Ubinary
In contrast to many of the established brokers, Ubinary have decided to use the ParagonEX operating system. They are currently the only broker using this platform; their site is completely different to anything you might have seen before in the binary options market. One of the best features about this platform is that it can be accessed via a desktop computer, an Android phone or even an Apple product. No download is needed as all the software is contained online, in the cloud. The only real requirement is that you have a 64 bit web browser to enable access to all the analytical charts. It is possible to access the app on a lower spec browser but you will be unable to see any of the charts. Access to any of the applications is completely free.
There are just seventy four assets available to trade in, however, all of these are carefully selected and commonly traded making there offering more than sufficient for the majority of traders. Within their range you will find a good number of currency pairs and stocks. It is possible to partake in short term trades which range from sixty second to two or even five minutes. There are also longer term trades and the option to build your own trade; every aspect can be controlled. It is even possible to trade on the price direction for long term durations such as one week or even as long as six months.
The rate of return provided by this broker is as high as ninety five percent whilst the minimum initial funds are as low as $250. It is worth noting that although you can deposit in US dollars, pound sterling or Euros, your trading account will operate in US dollars only.
Once you have created an account and credited it with your initial funds you will be allocated an account type. These range from the basic micro account, to the top end platinum account which requires you to deposit at least $10,000 with a fifty percent bonus scheme! There are a variety of features available to each account holder, all traders can access the impressive educational materials, including a tour of the site and its functions and the option to sell your trades back to the broker before they expire. This helps to limit your losses.
The micro account offers a twenty percent bonus, this amount increases as you climb through the account types, as does the minimum stake required. The top account even offers an additional ten percent every time you have a successful trade.
It is important to read the terms of your bonus before you accept it, the usual requirement is to trade twenty or thirty times the value of your bonus before you can start withdrawing funds.
Finance
The Ubinary broker review shows that you can add or remove funds from your account in a wide variety of different ways. Mainstream debit and credit cards are accepted, as are wire transfers and even electronic payment providers such as CashU. Withdrawing funds is as simple as depositing them and there are no fees to access your money; this is fairly unique within the world of binary trading. You do need to keep a minimum balance of $10 in your trading account to keep it open.
Customer Support
There are a good range of options for all traders who need to contact customer support for advice or assistance. You can contact them via email, phone or live chat. The Ubinary broker review conducted suggests that there is room for improvement in this part of their service. However, in general the firm is offering an excellent service with the potential to make high rates of return on your investments.
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