uTrader Review

Overview

This broker started its activities in 2011 and has already had positive recognition by professional traders. Highly competent employees guarantee qualified support and an individualized approach to each customer.

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Details

BrokeruTrader
Website URLwww.utrader.com
Founded2011
HeadquartersRiga, Latvia
Support Number+442080773096
Support TypesLive chat, phone, Skype, email
Minimum 1st Deposit$250
Minimum Account Size$5
PayoutUp to 85%
Free Demo Account Open Demo
Regulated Yes
RegulationFMRRC (RU 0395 AA Vv0076)
Account TypesStart, Silver, Gold, VIP
Deposit MethodsCredit/debit cards, bank wire transfer, Qiwi, Neteller, Webmoney
Withdrawal MethodsCredit/debit cards, bank wire transfer, Qiwi, Neteller, Webmoney
Number of Assets80+
US Traders Allowed No
Overall Score8.2/10

Full Review


The uTrader broker has been known in the binary market for nearly 6 years. Currently, the company is a leading broker. The company’s headquarters is located in Riga and provides analytical support, along with a wide range of educational materials, webinars, and online courses. The company is registered in Seychelles and uses FMRRC as a regulator – Financial Market Relations Regulation Center (license RU 0395 AA Vv0090) – a non-profit organization that monitors whether the companies of financial intermediaries are compliant with rules and regulations.

The uTrader website and brand are owned by Day Dream Investments Ltd. The broker was brought to the market in 2011. The project was launched by an experienced team from within a company that had helped to innovate the online binary options trading industry. Traders were able to fully experience the effectiveness of the trading platform «uTraderTP», complemented by exclusive analytical training materials. This is one of the first projects aimed at CIS traders, combining the financial experience of many people worldwide. Thanks to the speed of its development and its stability, it occupies a leading position among binary brokerage companies in the options market of Eastern Europe.

The company’s staff is filled with highly qualified people, including experienced traders whose professional focus is on binary options. There are also specialists in the field of Internet technologies, with unique experience in the development and implementation of online trading technologies. Due to the quality of its staff, the company is able to provide and guarantee its customers a high level of service including an individualized approach, attention to customer needs, and business transparency. Not only does the uTrader broker provide its users with the opportunity to trade binary options through the platform «uTraderTP», but it also provides 24/7 support on technical and financial issues. The company’s team is also open to suggestions from its users.

Are you interested in the possibilities of uTrader? Binary options trading (reviews from real traders are available below) with this company will be a pleasant discovery for the market player of any level. Among the advantages of binary options trading: a high level of income, only the best tools for investment (shares of Apple, Google, Gazprom, and others), a simple and convenient platform, analytics, training materials, and no fees or spreads. Also, the broker’s platform guarantees the trader’s safety.

Buying or selling uTrader binary options is easy. You need to go to the official website, go through a quick registration, and then you’re ready to start working at full capacity and receiving real income. You should invest your capital in a variety of market assets and take advantage of the moods of bidders. To begin you do not need to have experience; you only need a desire to work in a new and highly profitable investment sphere along with some initial capital. This broker is one of the most popular in our country, because it offers its customers affordable and comfortable trading. Traders’ reviews contain positive comments about the platform.

The «SpotOption» platform, which is offered by this broker, is one of the best on the market. It was created by a company that specifically develops complex solutions for the online trading of CFD options. It is used by popular brokerage companies around the world. It is both convenient to learn and use for both the professional and the novice speculator. To get acquainted with its capabilities, just continue to the site utrader.com right now. The platform has a simple interface and has everything you need to get working. You can select different financial instruments (shares, currencies, indices, commodities) and start investing. You can use the platform 24/7.

One of uTrader’s advantages is its official website which is useful to traders of all levels and is safe, reliable, and useful. There are many resources on the site including recent news, an economic calendar, and information about the trading hours, as well as market and strategy reviews. In addition to those useful bits, there’s many educational materials on the site, including webinars, video tutorials, and dictionaries.

You can also find an impressive list of broker analysts who have successfully traded in CFDs and Forex (the full truth about Forex is here), who will always be happy to provide professional assistance and support. They also give customers up-to-date information about market sentiment and help one to form a profitable strategy. Because of a handy tutorial and other reference information about the rules of trading, the trader will easily understand how to work on the uTrader platform effectively. The official website is a full-fledged assistant to any trader.

 

uTrader: Is It a Scam?

We combed the expanses of the Internet in search of user reviews and were pleasantly surprised by the small number of negative reviews about uTrader, both about the broker and its trading platform. We have not found any significant comments that show possible fraud on the part of uTrader. On the contrary, most of the messages are recommendations by experienced traders. One tip for new users is that you read the training materials provided by the company and by forum regulars.

If we find complaints about uTrader, we will post it on social media. Follow us to be well informed:

 

Deposit & Withdrawal Methods

You can deposit money into your uTrader account at any time and through a variety of methods. The minimum deposit is $25. There are no fees to deposit funds. To withdraw money from your account, click the «Deposit» button and then fill out a form. Earned money that is ready for transfer to an external account can be withdrawn by selecting various payment systems or through a bank wire transfer. The transfer is made automatically. Withdrawal usually doesn’t take more than three working days.

 

uTrader Features

In technical terms, the trading platform «uTraderTP» fully satisfies the needs of traders. With this convenient tool, users can make transactions with options for shares, currencies, indices, and commodities all while enjoying the benefits of online trading.

Traders’ Information support is provided by the company through the regular publications of gathered intelligence. The overview of financial markets and trading strategies offered by the company’s analysts help traders in the planning of transactions.

 

Regulator

This broker’s regulator is the FMRRC: uTrader is a member of Financial Market Relations Regulation Center (license RU 0395 AA Vv0090).

This is great for the company and adds to their reputation and reliability. The safety of client funds and existence of reliable trading conditions are the basic criteria a broker must satisfy before being approved by the regulator.

 

Conclusion

uTrader is definitely not an empty shell company, and there is no doubt they take a serious approach to their business. The broker seeks to provide traders with all the necessary conditions for comfortable and profitable work, as well as to provide a good start for those just getting a foothold in the world of binary options. They provide necessary and useful information, with which the novice trader can learn the principles and tactics of trading. Excellent technical equipment and competent support, the absence of significant negative reviews from customers, and the right approach to trading and end-user support, make uTrader a respected broker. Having a reliable regulator (FMRRC), which in itself is significant, the broker has received positive reviews from traders, and has earned a position near the top of our list of binary options brokers.

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