Effective January 2017, Ubinary is Closed
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UBinary was a binary options broker owned by UB Innovation Limited located at Ajektake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. Their phone number is +44 203 808 6681. Their email address is firstname.lastname@example.org.
uBinary Platform Review
When reviewing UBinary, you can see that their platform is unique. It does not look like the various other binary option platforms. This is because UBinary created their own proprietary trading platform. They offer 70 different assets to trade on, including many Forex pairs, commodities, popular stocks and market indexes.
They offer trade signals via Barclay’s Signals which are sent to traders via SMS. Soon the signals will be integrated with the platform and be displayed as a pop up alert.
New traders can open an account with UBinary with a minimum deposit of $250. They offer five different account types, each with a different level of service. They recently release a new iPhone app for trading binary options directly from your phone. Their minimum trade size is $20, and the maximum trade size is $20,000.
Profit Trading Bot is an automated trading software that was developed by uBinary. The software a basic black box algorithm for binary options trading.
When reviewing a broker to see if they are a scam or legitimate broker, we want to know if a financial regulatory body like the CySEC in Cyprus gave them a license. Do they fall under the EU’s Mifid rules?
UBinary told us that they have applied to CySEC for a license, but they are not currently licensed.
There are over 200 binary option brokers available today.
What is your experience trading with this broker? Are they honest and fair ad how is their trading platform? Leave your review in the comments below.