uBinary’s ParagonEX trading platform is a refreshing change from the usual SpotOption platform deployed by the majority of binary traders. It carries a number of features and is intuitive and very fast as well.
The ParagonEX platform is more exclusive than typical trading platforms and it offers a really unique look and feel in comparison to them. The platform itself supports both Android and Apple iOS systems and mobile apps are offered free of charge. Keep in mind though, that the web platform requires a 64-bit browser in order to function at 100% capacity. 32-bit browsers such as Chrome will limit access to the professional charts that call for a Java plugin compatible exclusively with 64-bit browsers. The platform offers 74 assets in stocks, indices, commodities, and currencies.
ParagonEX has a number of unique features including:
The standout features of uBinary are that there are no fees for withdrawals and the trading platform is easy to learn and use. It offers plenty of popular assets as well as many trading options. You will not be overwhelmed by assets you will not use. The accounts provide many attractive perks such as unique risk management instruments, increased returns, access to the trading desk, and signals.
This broker offers the services of a dedicated personal account manager. On the flipside, it doesn’t offer high yield options and levies payout penalties on the two most basic trading accounts. However, you can negotiate with your personal account manager for better deals and for the waiving of the payout penalty if you opt for an entry-level account.
Pros
Cons
Platform type: ParagonEX
Platform Languages: English, Russian, Arabic
OS Compatibility: iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: Yes
Located in: London, United Kingdom
Website: https://www.ubinary.com/
Founded in: 2011
Accepts US Clients: No
Phone number: 4420 3695 9422
Email: ubinary@ubinary.com
Commission:
Minimum Deposit: $250
Payouts Percentage: 95%
Deposit Options: Credit Card, Debit Card, Bank Wire Transfer, CashU, Neteller
Withdrawal Options: Credit Card, Debit Card, Bank Wire Transfer, Neteller
Payout Ratios: uBinary offers payout up to 95%.
Forex, Metals, Oil, Gold, Indices, Stocks, Commodities
Customer Support Languages: English, Russian, Arabic
Customer Service Hours: uBinary offers 24-hour customer support.
Place Trades Over the Phone?: Yes
uBinary offers the following trade types:
uBinary offers five types of trading accounts:
Micro Account – $250 – $499 deposit
Mini Account – $500 – $999 deposit
Standard Account – $1,000 – $4,999 deposit
Gold Account – $5,000 – $9,999 deposit
Platinum Account – $10,000+ deposit
Position of uBinary in our main categories:
uBinary is one of the top 10 Binary Options Brokers products
If you are considering uBinary it might also be beneficial to check out other subcategories of Binary Options Brokers collected in our base of SaaS software reviews.
It is essential to realize that virtually no service in the Binary Options Brokers category will be a perfect solution able to fulfill all the requirements of various investors. It may be a good idea to read a few uBinary reviews first as some solutions can actually perform well exclusively in a specific geography or situation or be prepared with a very specific customer in mind. Others might work with an idea of being simple and intuitive and consequently lack complicated functionalities welcomed by more experienced users. There are also services that support a large group of customers and offer a powerful feature set, however this usually comes at a more significant cost of such a solution. Make sure you're aware of your requirements so that you get a service that has specifically the functionalities you search for.
We realize that when you make a decision to get a Binary Options Brokers it’s important not only to learn how professionals evaluate it in their reviews, but also to find out whether the actual clients and companies that bought this software are indeed happy with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and uBinary reviews across a vast range of social media sites. The information is then featured in an easy to understand format indicating how many clients had positive and negative experience with uBinary. With that information at your disposal you should be prepared to make an informed business decision that you won’t regret.
No Deposit Bonus:
No
Bonus for First Deposit:
No
Is the Bonus Based on
the Volume of the Transaction?:
No
Other Bonuses:
No
uBinary provides bonuses for all account types going up to a $5,000 bonus for a $10,000 deposit. This broker also offers a 100% deposit match bonus promotion and a first deposit 30% bonus promotion. Bonus terms apply and you need to perform a turnover of 20–30 times the bonus amount before you can withdraw bonus funds.
As uBinary is still a new binary trading firm, it’s quite difficult to measure its reliability based on track record and history alone. That said, the quality and quantity of the investments made by the firm project a positive image that will surely encourage traders to choose uBinary as their binary trading partner. On top of that, there is hardly any negative feedback about uBinary, a very good indication about this broker’s reputation as a reliable trading firm.
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