Ultra Finance is a new binary options broker owned by Westward Ventures. Ultra is located at 53 Fountain St, Manchester, United Kingdom M2 2BY. Their phone numbers are: United Kingdom +44 208 068 0220 and United States (607) 270-0143.
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Ultra Finance Review
Ultra Finance give their binary option traders the popular Panda trading platform. Traders have available to them a large selection of underlying assets to trade on including; Forex , Commodities, Various Stocks and Stock Market Indexes. There are a few different types of binary options including: Hyper (30 and 60 seconds, 2, 5, and 10 minute options), High / Low, One Touch and Range Options. Payout range from 65% – 85% depending on the time of day, and expiry length.
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Mobile trading apps are going to be available soon for Android and iOS. Minimum deposit for a new account is $250.
Ultra Finance License
When the Scam Broker Investigator reviews a new binary options broker to determine if they are a legitimate broker or a scam broker we check a few things. We first look to see if they are licensed and regulated by CySEC in Cyprus, or another financial regulator.
Ultra Finance is not a licensed broker.
Warning: Ultra Finance is not licensed or regulated by the CFTC.
US citizens should only trade with the CFTC regulated binary options exchange located at: Nadex.com.
On October 26th 2015, FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.
When choose a new binary options broker to trade with, it is important to check the list of licensed brokers.