Utrader Review

Overview

Utrader was established in 2011 in Latvia. It's a binary Options broker focused mainly on the European market and it doesn't accept US clients. Minimum deposit requirement is $250, and minimum trade size is $20, and as low as $5 for short term Options. Utrader offers 4 account levels, all of which offer significant benefits, and all have access to daily market reports and analysis. First it's the Start account, which can be opened with only $250, it comes with a 50% welcome bonus and allows the client to fully use the trading platform and see what this broker offers in detail. Next is the Silver account which requires just over $1,000 to open, and offers 100% welcome bonus plus a personal assistant. Higher level accounts are the Gold and VIP accounts, these require just over $5,000 and just over $25,000 to open, and they come with a 120% and a 150% welcome bonus respectively. Gold and VIP accounts both come with personal assistants and account reviews, but the VIP account also offers priority service at all levels, such as priority withdrawals, and also One on One, client specific guidance, that's where VIP accounts stand out. Payouts range from 85% to as high as 650% for long term One Touch Options, expiry times range from 30 seconds to as long as 9 months, these long expiry times really do make it possible to have winning trades with 650% payouts. A demo account is also offered, but with $250 minimum real account opening balance most clients prefer a real Start level account to a demo account.

Utrader

Trading Platform

Utrader.com is using the SpotOption trading platform and it offers among other things Option Builder and ProTrader trading tools, and around 100 assets in forex, stocks and commodities. Both the client support and the trading platform support Russian and English speaking clients as well as few other languages. Support is expected to expand and focus more on EU countries, and so is range of trading assets. Everything is designed to suit well the serious professional trader, the trader seeking to rely upon a professional broker and trade with tens of $1,000s, so reliability and integrity is perfect at Utrader.

Utrader

Safety of Clients' Funds and Regulation

Utrader.com complies with EU regulation, segregated banking practice and offers peace of mind to clients as their deposits are safe even in the unlikely event of company insolvency. This broker is also in the process of acquiring license from the Cyprus Securities and Exchange Commission (CySEC) which only grants licenses to top, ultra reliable brokers.

Deposits and Withdrawals

Utrader.com accepts all major credit and debit cards, bank wire transfer, and electronic wallets such as Neteller and Moneybookers (Skrill). Withdrawals are fast and reliable, and there are no fees.

Specials

Utrader offers in-depth daily market analysis on popular markets such as EURUSD, which is quite rare among binary Option brokers. This kind of analysis is detailed and comes with price charts showing exact key pivot levels where the market in question is likely to react. Their educational materials are also very helpful, they range from basic to advanced, but they are all well focused, they are not generic trading materials but rather very specific, with a strong emphasis on candlestick chart patterns and methods. Candlestick price charts are by their nature more information rich and more insightful than any other chart type, and so are their patterns and signals. It also allows clients to see most recent profitable trades of other clients.

Our Verdict

Utrader.com seems to deliver a lot of specialized trading and has a strong focus on serious, professional level market analysis, hence the focus on these specialized analysis techniques and entire tutorials dedicated to Japanese candlestick price charts and patterns. After all, all winning strategies are based on specialized techniques, one cannot predict the markets using generic trading materials, they simply don't work. What does work is specificity, and they take this one step further by helping and guiding VIP clients to shape their trading strategies to such a degree, that they feel comfortable trading any market they want, because they are trained to assess and handle risk as a valuable commodity. After all, risk is what creates opportunity.

Russian investors and traders can be very picky about choosing a binary Options broker. They want the best of the best in terms of reliability. Once this is found they feel comfortable depositing a fortune with them and start trading. But Utrader also offers them unique trading account support and guidance, which is not easy for a broker to offer to its clients, unless it has top market analysts and trading experts working for them. Utrader is committed to delivering exactly what these ultra demanding Russian traders want, and aims at building and keeping its clientele for a long time.

Visit Utrader Official Website

Utrader

Visit Official Website

    Headquarters: Latvia

    Year founded: 2011

    Regulated: In Progress

    Accepts US traders: NO

    Platform: SpotOption

    Minimum Deposit: 250

    Minimum Trade: $20

    Maximum Trade: $5.000

    Deposit Bonus: up to 200%

Utrader Website Preview