uTrader Review

uTrader Binary Options

uTrader is an established binary options broker that opened in 2011. They are owned by Day Dream Investments LTD, located at Trust Company Complex Ajeltake Road, Majuro, Marshall Islands, MH96960. Their European customer service center is in Latvia, Riga.

Their phone number in United Kingdom is: +44 208 077 3096, and the contact email is support.en@utrader.com. For typical investor complaints, read this.

Trading Signals Scam

Don’t get scammed by bad software! Make sure you read about trading robot systems here.

The most popular Auto Trading Software are all listed here.

uTrader Platform Review

uTrader gives you the easy to use binary options trading software called the SpotOption platform. Their trading platform for binary option is available in English, Netherlands, Polish and Russian as they are a very popular Russian broker. Traders can choose from standard Binary Options, Speed Trading in 60 second options, Pairs Trading, Ladder Option and Long Term (weekly and monthly) options.

The returns on $EUR/USD options are 85%. The minimum deposit for new accounts is $250, and minimum trade size is $20, and $5 on turbo options.

uTrader License & RegulationuTrader Image

When the Scam Broker Investigator reviews a binary options broker to see if they are a legitimate broker or a scam broker we check for a license. Many traders look for a binary options broker that is licensed in Europe at CySEC, the Cyprus Securities and Exchange Commission. Although uTrader is not yet licensed by CySEC, they said they are going to apply to CySEC for a license.

uTrader currently has a license in Russia from CROFR, see here.

For an updated list of licensed brokers, see here.

Compare uTrader

There are a few ways to compare your broker. Investors seeking other brokers with using the same trading platform, can just do a search on our site for SpotOption brokers. Read the full article about the various trading platforms available.

BDSwiss is a very popular CySEC licensed Binary Options & Forex broker in Europe. Minimum deposit is $100 for live accounts, read more

24Option is a large CFD/Forex broker offering a unique trading software that is very easy to use, see here.

Best Online Brokers

There are over 200 binary options brokers to choose, see the Top Rated Brokers here.

What was your experience with uTrader? Please share your review in the comments section below.

uTrader Review

uTrader Binary Options

uTrader is an established binary options broker that opened in 2011. They are owned by Day Dream Investments LTD, located at Trust Company Complex Ajeltake Road, Majuro, Marshall Islands, MH96960. Their European customer service center is in Latvia, Riga.

Their phone number in United Kingdom is: +44 208 077 3096, and the contact email is support.en@utrader.com. For typical investor complaints, read this.

Trading Signals Scam

Don’t get scammed by bad software! Make sure you read about trading robot systems here.

The most popular Auto Trading Software are all listed here.

uTrader Platform Review

uTrader gives you the easy to use binary options trading software called the SpotOption platform. Their trading platform for binary option is available in English, Netherlands, Polish and Russian as they are a very popular Russian broker. Traders can choose from standard Binary Options, Speed Trading in 60 second options, Pairs Trading, Ladder Option and Long Term (weekly and monthly) options.

The returns on $EUR/USD options are 85%. The minimum deposit for new accounts is $250, and minimum trade size is $20, and $5 on turbo options.

uTrader License & RegulationuTrader Image

When the Scam Broker Investigator reviews a binary options broker to see if they are a legitimate broker or a scam broker we check for a license. Many traders look for a binary options broker that is licensed in Europe at CySEC, the Cyprus Securities and Exchange Commission. Although uTrader is not yet licensed by CySEC, they said they are going to apply to CySEC for a license.

uTrader currently has a license in Russia from CROFR, see here.

For an updated list of licensed brokers, see here.

Compare uTrader

There are a few ways to compare your broker. Investors seeking other brokers with using the same trading platform, can just do a search on our site for SpotOption brokers. Read the full article about the various trading platforms available.

BDSwiss is a very popular CySEC licensed Binary Options & Forex broker in Europe. Minimum deposit is $100 for live accounts, read more

24Option is a large CFD/Forex broker offering a unique trading software that is very easy to use, see here.

Best Online Brokers

There are over 200 binary options brokers to choose, see the Top Rated Brokers here.

What was your experience with uTrader? Please share your review in the comments section below.

Reviewed by Scam Broker Reviews
  • mickey robert rothchilds

    This company has been ok i am a new trader but it seems that when you only put out the initial 250$ help is limited i had asked for and wanted to get the autobot and still have not got set up i had a senior broker call me and placed 3 75$ positions all call and lost all but 1 trade just about lost all my money i have since been trading my self just placed 8 trades and only lost 1 trade so i am wondering if they care about the small guy i have been scammed allready by pwrtrade and it was terrible i am hoping after the reviews with utrade that it will not only be informative but profitable all i want is to trust a broker and maybe be a success i thank god for scam brokers reviews it has help allot on how to inform me on the scamers and the real brokers ,signal providers ,autorobot,who to use and the best systems Thanks i hope i have found a winner with utrader i will keep everyone up to date

  • micolen

    I Have recently signed up with Utrader however i am already unhappy with the service i have deposit an initial amount of 250USD and have been communicating with a representative up until i make a deposit of 250$ upon completing the transaction i have had no further communication till this point as i have requested were did the funds go they have notified me there is an issue they busy working on however i am at a 250USD loss at this point beware of such as there is no refunds.

  • Utraid Sccam

    BEWARE!!!! SCAM
    Utrade *****BEWARE*****they are very polite, ask you to invest minimum amount, once you have done that, they ask personal questions to see if you can invest more and give you big dreams, when they unable and they know you can’t invest they will make you bid on the platform and then they gamble for you and will definetley lose your money, when you try to contact them, they will make you hold and cut you off, until you get sick of it, the are frauds, don’t use these guys.

  • Raymond F. Peck

    eToro is another good dealing platform – where you can copy other successful dealing stats and earn money without doing much on your own.

  • Vicki Goh

    I got very bad experience with utrader. Recently i got signed up with utrader with a software. I managed to make some money and plan to withdraw it and my account already verified. However, it requested for a voice confirmation with them and fine so i talk to their so called financial adviser and i told him that i plan to withdraw my deposit and some winnings and he ask me alot of questions and stopping me to withdraw and still threatened said if I dont listen to him he will hold on to my money and dont let me withdraw. I am pretty shock that to hear that and this is my first experience with them and since deposit and till withdrawal is a nightmare to me. Lucky i just deposit the minimum and just wanted to test this broker however sad to say disappointed. Worst broker that i ever came across with.

  • Vicki Goh

    I have signed up this broker because of epix trader. I has deposited 300 and get a bonus 300 too however I do aware the bonus lock and need to trade a volume of 12k (600 x 2). After 2 weeks, I manage to met my volume of 12k and also get the winnings of 4k so i decided to do my withdrawal on part of the winnings. As stated it said 2 business days to process and my 1st withdrawal submitted in 19.05.17(Friday) and till today which is 26.05.17 and is still pending and got to know from their Support that withdrawal need account manager to approve and also requested him to call me back but he like disappeared all of a sudden. My account already fully verified and also met volume of the bonus but withdrawal still don’t process smoothly. So mean this broker really fishy.

  • Vicki Goh

    I have verified my account and also met my bonus volume however as per website stated that the withdrawal process within 2 business days but till today it is still as pending and even try ask the account manager to call back or even sent many emails to him also never get a response.

  • Leo

    BEWARE of UTRADER! They are enthusiastic and helpful until you invest with them. They tell you that you can withdraw money at any time. Here is a catch. They are NOT GOING to give your money back to you. You can see your money on your account, but you will not get them back. You will hear many reasons why you can’t withdraw and why do you have to continue to play with options. I warned you. Don’t repeat my mistake.

  • laimis

    UTRADER…..SCAMMER…..Don’t go there guys…
    Just today they took all my funds. Why???? Because i’m not working enough. my balance around 400eur. they asked my to do 5times my balance per week. Yesterday i did 1000eur turnover in one day. I made around 500eur. And suddenly BOOM…money is gone. in withdrawals history it’s written, that they were withdraw, but it wasn’t me….
    Bull S***…. Who knows address of there office in Riga? I really want to visit them 🙂