Welcome to the WhatAreBinaryOptions.org Official Ubinary Review!
Ubinary is a relatively new broker in the binary options industry. However, it has already garnered the attention of traders across the world and has climbed the ranks quickly to become a reputable broker known for its impeccable customer service and generous payouts. Ubinary is a brand name of PPT Capital Ltd. PPT Capital Ltd is an investment firm located on the Isle of Man who has combined the expertise of financial industry veterans – with over 50 years of experience – to create a much sought-after binary options trading experience. Ubinary was founded in 2013 and is largely focused on the end-user experience. To this day, Ubinary continues to pull all the stops to enhance customer experience and develop long-term relationships with traders.
What’s Good About Ubinary?
- They offer a generous 30% welcome bonus.
- They have built a unique and eye-catching platform that is highly efficient.
- They are an excellent choice for traders of all levels but especially beginners.
- They offer a comprehensive educational section that makes learning about binary options fun and interesting.
What’s Bad About Ubinary?
- They do not offer a demo account.
- They offer a slightly more limited number of assets compared to other brokers.
- Their platform is available in 3 languages only: French, English, and Arabic.
Our Full Ubinary Review
Traders should certainly not let the fact that Ubinary is a new broker deter them from signing up with the company. Ever since its creation, Ubinary has strived to become one of the best binary options brokers and after only a year in business, many consider it one of the top contenders.
What sets Ubinary apart from its competitors is the trading platform. It uses the ParagonEX platform which screams modern, sleek, and minimalistic. The strategic use of colors makes it one of the best-looking platforms in the binary options industry. It is user-friendly with its layout of three main categories: Dashboard, Menu, and Trading.
Under Dashboard, you will find all the information related to your account. Details such as your total capital invested to date as well as your remaining balance are indicated. In the menu section, you have access to the assets available to trade and you can view all of your past and current positions. Finally, the Trading section is self-explanatory; this is where you put all of your skills and knowledge to good use and start trading.
In the trading section, Ubinary displays a trade choice bar, which provides you with an indicator of what other traders are doing based on market sentiment. All of the basic trading options are available and they include Above/Below, Speed Trading, Option Builder, Long Term, and the popular 60 Seconds.
Ubinary offers five account types. Depending on your level of expertise, you can sign up for the account that best represents you. For beginners, there are the Micro, Mini, and Standard accounts. If you have some trading experience under your belt, you may want to sign up for a Gold account where you can get higher payouts and a bigger bonus. Last but not least is the Platinum account that caters to professional traders. With the Platinum account, you get your own personal senior market analyst at your disposal.
Ubinary’s platform is entirely web-based so you can conveniently trade around the clock, no matter where you are in the world. All you need is access to a computer device and a secure internet connection.
The asset list available includes 31 currency pairs, 7 indices, 18 stocks, and 6 commodities. The firm also takes security to heart and ensures that all passwords and account details are encrypted and protected using top of the line security tools. Every effort is made in order to ensure traders have peace of mind.
Perhaps one of the most interesting aspects of this broker is its unique features that include flip, candlestick charts, social trading, buy me out, and many other advanced market monitoring facilities. While these would be most beneficial to advanced traders, beginners can strive to build their skills to be able to make use of these options in the future. With flip, traders are able to alter their position (under certain circumstances) where the market is going in the opposite direction. Those who have a knack for reading and understanding charts will appreciate Ubinary’s effort to provide comprehensive tools that make trading more evidence-based.
Social trading offers a new twist on the traditional binary options trading by allowing you to monitor what other traders are doing in real time. This option allows you to receive and offer feedback in addition to having other more experienced traders comment on your technique. Having this peer system can be an incredible asset to your learning process. If you select a position and notice that it is not going the way you expected, you can use the buy me out option to minimize your losses.
Ubinary does not offer a demo account, which is unfortunate, but given that the company is fairly new, it is probably only a matter of time before it becomes available. For those wary of not being able to test the waters before signing up with a live trading account, you can rest assured that you will get the support you need with Ubinary’s 24/7 access to training consultants. These consultants are at your disposal to answer questions and concerns you may have about your account and trading in general.
Payouts vary according to market conditions and the assets you choose to trade. On a general note, you can expect to earn an average of 85% returns on ‘in the money’ trades.
Educational tools are detailed and presented in an intuitive manner. Traders can view several guides, a video tour, a FAQ section, and a glossary of the terms used in this industry. Customer support is offered via live chat, fax, phone, and email. Agents are courteous and knowledgeable.
Ubinary is an esthetically pleasing broker that also delivers on performance. Traders of all levels can get comfortable quickly trading on this platform and enjoying all of the added benefits of having a personal coach and access to innovative trading tools. Ubinary has earned a good reputation quickly and it is certainly well-deserved. If you are looking to trade with a company dedicated to providing the ultimate user experience, we recommend you consider Ubinary.
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