BinaryRobot.org has tested uTrader, new broker that is established business in 2011 in Latvia. In this uTrader robot review we have been testing their services and found out more about the quality of their instruments and services. We have pulled out most important information from trading accounts, minimum deposits to trading options and services. Continue reading our robot review and found out more about uTrader.
uTrader Special Features
uTrader has a lot of interesting features, starting with unlimited maximum bonus amount. Traders can achieve maximally 85% of returns and they can choose to trade with more currencies. Maximum investment with uTrader is $5000.
One of the important questions is: Who can trade with uTrader? uTrader is a broker that allows registration from all around the world, excluding USA. Russia and Eastern Europe is mostly preferring trading with this broker.
uTrader Trading Options
Traders can choose between several trading options
- 60 seconds
- One Touch
- Long Term
- Pair Options
- Ladder Options
Since it is integrated with SpotOption Platform, uTrader has allowed many expiry times which additionally upgrade trading features:
- 30 seconds
- 60 seconds
- 2 minutes
- 5 minutes
- 30 minutes
- 1 hour
- 2 hours
- End of the Day
uTrader Trading Accounts
There are several trading accounts with different features that are offered:
uTrader Start Account
- starts with $300 to $1.000
- Up to 50% welcome bonus
- Educational video – Introduction
- Standard rules of withdrawals
- Daily market reviews, trading materials
uTrader Silver Account
- $1.001 to $5.000 deposits
- Up to 100% welcome bonus
- Personal financial analyst
- Educational guides
- Trading strategies
uTrader Gold Account
- $5.001 to $25.000 deposit
- Up to 120% bonus
- Fundamental analysis
- Individual review of trading account
uTrader VIP Account
- From $25.001 deposit
- Up to 150% bonus
- Assisting with personal trading strategy development
- Highest priority withdrawals
uTrader Trading Software
uTrader is one of the many brokers that are integrated with SpotOption platform. uTrader clients don’t need to download any additional programs and they can reach the platform from any device. SpotOption and uTrader have combined simplicity, convenience and security encryptions in order to ensure quality for their traders.
uTrader Support Information
In our uTrader robot review we can inform traders that uTrader provides chat support, Skype (utrader.com) email ([email protected]) and telephone support. We have tested uTrader chat support and we got very quick and accurate response from their operator. If you are more a telephone person, uTrader has provided telephones in Canada, UK, Russia and Kazakhstan. Website is supported on English, Russian, Dutch and Polish.
We have asked their customer support about uTrader demo account, but the informed us they don’t support this feature at the moment.
uTrader Banking and Company Information
BinaryRobot.org reviews brokers that are able to serve our traders with vast amount of payment options. To provide the best possible experience, uTrader has delivered all major safe payment methods that are available for depositing and withdrawing your money.
Deposits and withdrawals can be transferred via:
- Credit cards are considered one of the fastest and simplest way to transfer your money. uTrader currently accepts Diners, Visa Electron, Visa, Solo Maestro, Maestro UK and MasterCard.
- E- Wallets started to disperse through all over the world. The advantage of E-Wallets is full range of foreign exchange companies, quick money transfer services with low transaction fees. uTrader has connected with many E-Wallets that are available to traders in all over the world: MoneyNet, Skrill/Moneybookers, OKPay, WebMoney, Neteller
- Bank transfer or wire transfer is usually used for higher deposit amounts.
Minimum deposit amount is 200 US Dollars, Euros, Rubles, British Pounds or Polish Zloty. Traders can choose preferred currency at the beginning of registration with uTrader. Minimum trading amount is $20 for classic options and for turbo $5. Traders are welcome to use promotional bonuses that will be offered by uTrader account managers.
Traders can start withdrawing their profits with minimally 25 USD or EUR which is especially good for traders that are beginners in binary options so they trade with lower trading amounts. First withdrawal in month is not charged with additional fees, while every additional withdrawal costs $12. Traders who use credit cards or E-Wallet providers are not obligated to pay additional fee charges while withdrawing their money. Bank wire withdrawals charge $25 of processing fee for transfers.
How Long Does it Take to Process a Withdrawal?
After uTrader has processed your account and confirmed your identity, you can just login your uTrader account and click on withdraw button. Usual processing time is up to 2 days. After uTrader process your request, it will take additional few days until your bank/card/E-Wallet provider transfers money on your account. If you change your withdrawal decision, you can simply cancel your withdrawal request, depending on payment method you are using. For further questions, please contact your account manager.
Who is Behind uTrader Name?
Owner of uTrader website and trademark is uTrader Day Dream Investments Ltd Trust Company Complex, Marshall Islands. As we have already mentioned, company office and customer support office is localised in Riga, Latvia. This broker is one of the strongest and fast growing brokers on Eastern Europe market.