UKOptions was a binary options broker owned by Smartech Limited, and located at Cedar Hill Crest Villa, St. Vincent & Grenadines. Their phone number in London is +44 203 695 3300 and in South Africa +27 21 300 9800.
Their email address is [email protected], and for trader complaints look here.
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UKOptions Platform Review
While reviewing UK Options, we see that they are using the newest trading platform from SpotOption.
The new platform gives traders the ability to trade Long Term Binary Options, Pairs Trading, Ladder Options, 30 and 60 second options, 2 min., 3min. and 5 min. Options. Also available are weekly and monthly options, plus the Social Trader feature which allows traders to copy other traders trades.
All in all, they have almost 100 different assets available for trading. They also have Forex CFD trading available. Their trading software is currently available in English and Deutsch. They have released their trading app for both Android & iPhone.
The minimum deposit at UKOptions is really only $250, even though their website says a minimum of $1,000.
UKOptions Regulation
When we review a Binary Options Broker to determine if they are a scam broker or a legit broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and if they fall under the MIFId rules in Europe? We also check to see if they are licensed by the Financial Conduct Authority in England.
UKOptions is not a licensed broker.
Traders seeking a licensed broker, should read the reviews of Licensed Brokers here. A smart trader always compares their broker.
Are you currently trading with UKOptions? What are your thoughts? Are they a good broker?
Please leave your review in the comments below.