Ufinancion is a new unlicensed binary options broker that is connected with AskOption & Crown Finance. Their ownership information is very confusing as multiple companies are listed including; IMEDIA LTD, Blades Enterprise Centre, John Street, Sheffield, South Yorkshire, S2 4SW, United Kingdom.
Contact phone numbers are: United States: (360) 819-1177, and Canada: (204) 666-1765. Email address for support is: support@Ufinancion.com.
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The binary options trading platform Ufinancion gives their investors is called Tradestation by Hello Markets. Investors have about 55 assets for trade binary options in Currency Pairs, Commodities and Market Indices and Shares.
Option expiry times are slightly different than you will find at other brokers. For example; the 15 minute option, expires at 15 minutes of the hour, and a one hour option expires on the hour. They have crypto currency pairs available, including Bitcoin Euro, and Bitcoin USD. Trade signals and alerts are built into the trading software on all asset classes. Minimum trade size is $5, and the maximum trade size is $10,000.
Ufinancion License Check
Before investing money with a binary options broker, the easiest way to determine if they are legitimate or a scam, is to look for a valid brokers license. The licensed could come from FSB in South Africa, ASIC in Australia or CFTC / National Futures Association in America.
Ufinancion does not have a license.
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.”