Fortrade Broker

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 [email protected]. Official website is at: https://en.utrader.com/.

For typical investor complaints, read this.

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.

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

CM Trading is a South African broker that is licensed by FSB, see here. Their Sirix and CopyKat trading platforms are very popular. Go see: CMTrading.com.

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