Overview

Is U Trader a Scam or a Legit Brokerage Company?
◆ Read This 100% Full & Exclusive UTrader Review ◆
Trading Platform, Deposit & Withdrawal Methods
How to Open an Account with UTrader? ◆ See Below!

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Details

BrokerU Trader
Website URLwww.Utrader.com
Headquarters106 premier building, Mahe, Victoria, Seychelles
Support Number+883 51000 8211 639
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$200
Minimum Trade Amount$25
Payout85%
Free Demo Account Open Demo
Account TypesStart, Silver, Gold, VIP
Deposit & Withdrawal MethodsVISA, Mater Card, Maestro, OK Pay, Neteller
Number of Assets150+
Account CurrencyUSD, EUR, RUB, GBP, PLN
Overall Score8.1/10

Full Review

UTrader is one of the oldest binary options brokers operating in the market today. They were established in 2011 and they are owned by Day Dream Investments Ltd.  When UTrader was established, they served Russian clients only. After a couple of years, they decided to extend their services to Dutch, Polish and English clients as well.

Review Verdict: U Trader is Not a Scam

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What is UTrader?

UTrader was founded by a group of more than 20 professionals. To make your trading experience enriching and enjoyable, they have incorporated a wide range of useful features into their trading platform.

The broker operates on the powerful SpotOption trading platform which is renowned for its ease of use and simplicity. Yet, the platform is so powerful that it can deliver amazing results. Traders who are not new to the world of binary options will find the platform extremely familiar because it is used by some of the most reputable brokers in the industry.

There are many tools and features that traders can make use of. Additionally, the platform offers an extensive selection of assets and trading options. Trading with U Trader can be a rewarding experience because of the high payoffs.

No Download Required

The SpotOption platform can help traders get started fairly quickly because it is completely web based. There are many tools and amazing features that can assist traders apply their strategies and maximize their profits.

How to Open Account?

To get started, a simple sign up form must be filled out. You have to provide basic details about yourself such as your name, email address, phone number, country, etc. Then, you must meet the minimum deposit requirement of the broker which is $250. With this amount, you can open a Start Account. However, if you wish to invest more, you can open a Silver Account as well.

Their Gold and VIP accounts are more expensive, but they are stocked with very useful features and trading tools. There are added benefits of setting up a Gold and VIP account. So if your budget permits, it is recommended that you get started with a higher account level.

Returns & Cost

Depending on the type of options you choose, the payouts can vary. While classic options can yield up to 85% payoffs, one touch options can yield up to 650%.

Every trader who signs up with UTrader must make a minimum deposit of $250. The amount you deposit actually depends on the account type you choose. It can start with $250 and go all the way up to $25,000 and more. While the funds are needed for making investments on assets, UTrader doesn’t charge any fee for using their services. All the services offered by the broker are free of cost.

Is UTrader a Scam?

UTrader is one of the fastest growing binary options companies in Europe. Their biggest priority is their clients and they always make sure that their clients receive high quality service all the time.

Their trading platform is convenient and it is provided by one of the leading software developers. The broker has a comprehensive education section that consists of unique articles, educational videos, terminology and electronic textbooks. This section has been designed to make the self-learning process more efficient, especially for beginners.

Review Verdict: U Trader is Not a Scam

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Aside from this, the broker has received good ratings from independent review sites. They have been listed in the top binary options brokers. The experience of traders had always been positive with this broker. Their pros definitely outweigh their cons and our research also shows us that they are a reputable brokerage company. Therefore, we can safely label them as safe and reliable.

Minimum Deposit & Withdrawal Procedure

There are enough payment services that traders can make use of when trying to add funds to their accounts or withdraw funds. The methods include Visa, MasterCard, Maestro, Delta, Diners, Solo Maestro, Neteller, Skrill, WebMoney and bank wire transfer.

The minimum deposit amount is only $250 and the minimum withdrawal amount is $10. U Trader doesn’t charge any fees or taxes for making withdrawals. However, they do require traders to undergo a verification process before their funds are processed. For some withdrawal options, the processing time is only 24 hours.

Customer Support

The customer support team at UTrader are well trained. They are highly professional and they speak several languages as well to cater to the needs of clients from across the globe. To communicate with them, traders can call them, chat live with them or send them an email.

Testimonial

“I have used the services of several brokers in the past, but I have never come across a broker like UTrader. They are just different from the rest in terms of the level of service they offer, the range of assets they have, the kind of options we can get access to and their amazing trading platform that offers a unique experience altogether. I have seen profits coming in and I know that I can get better at this if I make the right trading choices.

Knowledge is important and U Trader’s education section is very useful. They have taught me so much about trading that I could never learn with any other broker. Perhaps, this is the reason why my trading experience with UTrader has always been profitable. I got to learn directly from experts.”

Christian, 45

Conclusion

UTrader makes use of the latest encryption technology to protect trading activity data, privacy and personal information. They take the measures necessary to ensure that their clients get access to a safe and secure trading environment.

They are definitely a good choice for both beginners and expert traders. With the different account structures, they can meet the trading requirements of all of their clients, regardless of what their individual needs are.

This broker is all about quality service, popular range of assets, renowned trading platform and high payoffs. They are committed to making their clients feel comfortable and offering them results that they had always wanted to achieve.

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