uBinary Broker Review

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

UBinary Review

Effective January 2020, Ubinary is Closed

Find a new broker at the best brokers page

UBinary was a binary options broker owned by UB Innovation Limited located at Ajektake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

Their phone number is +44 203 808 6681. Their email address is [email protected]

For complaints and withdrawal problems, see here.

uBinary Platform Review

When reviewing UBinary, you can see that their platform is unique. It does not look like the various other binary option platforms. This is because UBinary created their own proprietary trading platform. They offer 70 different assets to trade on, including many Forex pairs, commodities, popular stocks and market indexes.

They offer trade signals via Barclay’s Signals which are sent to traders via SMS. Soon the signals will be integrated with the platform and be displayed as a pop up alert.

New traders can open an account with UBinary with a minimum deposit of $250. They offer five different account types, each with a different level of service. They recently release a new iPhone app for trading binary options directly from your phone. Their minimum trade size is $20, and the maximum trade size is $20,000. Profit Trading Bot is an automated trading software that was developed by uBinary. The software a basic black box algorithm for binary options trading.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

uBinary License

When reviewing a broker to see if they are a scam or legitimate broker, we want to know if a financial regulatory body like the CySEC in Cyprus gave them a license. Do they fall under the EU’s Mifid rules?

UBinary told us that they have applied to CySEC for a license, but they are not currently licensed.

Compare Brokers

There are over 200 binary option brokers available today.

What is your experience trading with this broker? Are they honest and fair ad how is their trading platform? Leave your review in the comments below.

uBinary Broker Review 2020

This broker is closed.

uBinary is a binary options broker that brings extensive analysis tools and innovative trading platform. In our uBinary review we had good experience enjoying a web-based platform and tailored trading account. We haven’t found uBinary has any regulatory license, but from our uBinary review traders will be able to find most important information that may help them decide if they want to register and trade with this broker.

According to their site, the uBinary broker is founded in 2020 and it has focused on providing innovative trading solutions for private investors. uBinary is based on paragonEX platform and it also supports mobile trading for its clients. Traders can start trading with uBinary for a minimum deposit of $250 and the minimum trading amount is $20. For more info about uBinary check our detailed broker review.

uBinary Account Features

In order to adjust strategic decisions according to personal preferences, uBinary has given the opportunity to choose between five different trading accounts. According to their site, uBinary claims that every trader will find a perfect trading account for himself, no matter if they are pure beginners or experienced traders.

uBinary Micro Account starts with a minimum investment of $20 and it welcomes traders with 20% welcome bonus. Traders that register with Micro account have the opportunity to get free trading. We weren’t sure what free trading means so we have decided to contact uBinary live chat and find out more. Live chat agent has answered right away and told us that he will ask our account manager regarding our query. The answer has confused us because until that moment we didn’t manage to register with uBinary, nor we did have any trading account.

Micro account provides 14 days of using free signals and allows up to 70% payout. Traders that register with Micro account has some kind of trader protection insurance, but when we have asked to find out more, support agents again told us that our account manager will contact us regarding our question.

uBinary Mini Account starts with the same minimum trading amount like Micro account but this account allows 25% welcome bonus. uBinary Mini account allows 30 days of using free signals, free training, and advanced trading guide. uBinary Mini account allows up to 75% payout and includes Buy me out option. This uBinary account also includes Flip and trader protection insurance.

uBinary Standard Account has increased the minimum trading amount to $50and allows 30% of welcome bonus. In our uBinary review we have found out this trading account includes a personal broker and up to 80% payout. The standard account includes an unlimited period of using free signals.

uBinary Gold Account starts with higher minimum trade amount which is $150 and allows up to 40% bonus. This account includes all trading features that are mentioned in previous uBinary accounts and allows up to 90% payout.

uBinary Platinum Account starts with $250 minimum trading amount and allows up to $5,000 bonus. This account includes a personal uBinary personal account manager and up to 95% payout with unlimited trading features that provide free signals, protection insurance, buy me out and many other helpful tools.

After a trader registers with one of the mentioned uBinary accounts, they will be contacted by a uBinary representative.

uBinary Trading Software

In our uBinary broker review we have found out this broker uses completely new trading software that we all are used to. uBinary is based on a trading platform called paragonEX and it comes as a fresh novelty to traders that are tired of trading with regular binary options platforms like SpotOption or Tech Financial. From our perspective, the uBinary platform looks well equipped with useful trading tools and traders won’t see any annoying marketing pop-ups, banners or irritating promotions that we all are used to. With uBinary traders can simply focus on trading pure binary options without the need to think about anything else.

uBinary platform allows traders to adjust the platform with two different layouts which give the option to set the platform according to trader’s needs. In our uBinary review, we have liked the first layout. It allows platform appear in small four windows that are placed side by side and traders can see a big trading chart with their favorite assets.

For traders are looking for open or closed positions, the uBinary platform has placed them at the bottom of the platform. The trading platform is easy to monitor and traders will be able to follow their trading activity on their smartphones too.

uBinary review showed traders can choose between various underlying assets such as 32 currency pairs, 6 commodities, 7 indices and more than 40 stocks which are more than enough to feel diversity in trading. As mentioned on the uBinary website, traders are welcome to use tested strategies and support from their professional team that will guide them and help if they encounter any doubts.

As already mentioned in our uBinary review, this broker provides The Flip feature which allows traders to change their mind even if they have already chosen a certain position to trade. This option is available up to five minutes before the asset is about to close. For more information about the Flip option, contact your uBinary account manager.

uBinary review showed that traders are welcome to use Buy Me Time tool which enables extending the time of a certain trade. This cool feature is also available for 60-second trades.

Besides Buy Me Time, uBinary provides well known Buy Me Out option where traders allow traders to close a position before the expiry time.

In our uBinary review, we have found that this broker provides a vast amount of trading options and user management tools that may be very helpful during the trading process. One of the interesting features we have found is Built In Risk Management option where uBinary allows traders to ensure all trades that are lasting longer than five minutes. Traders are welcome to choose the level of insurance which is limited to 30% and basically, they will have a return on a failed investment.

We haven’t found information about the uBinary demo and we couldn’t reach their customer support during our uBinary review.

uBinary Support Information

We haven’t had a pleasant experience with a uBinary support agent. We hope that other agents provide helpful information about this brand. We didn’t get an answer on many of our questions such as: do they have a demo account, what is minimum deposit with uBinary, what is the Flip option etc.

Traders are welcome to use a uBinary financial calendar that is available to all traders, no matter which trading account they have registered with. Besides financial calendar, uBinary review shown rich options trading academy section with a variety of educational information. We have found that uBinary website offers a rich glossary, explanation of advanced trading tools, FAQ database, blog section and uBinary news section.

Besides support experience, we have found that uBinary provides live chat support that is available 0/24 for six days in a week. The website is available in English, Arabic and Russian which may be convenient for traders that are not good with English.

There are several countries with uBinary global offices and traders can reach all of them through telephones. We have found out that uBinary telephones are available in Switzerland, France, UK, Bahrain, Hong Kong, Italy, japan, Sweden, Russia and Saudi Arabia

If traders want to contact broker through the mail they can send it on [email protected]

Tip: Trade with reputable and regulated brokers on FX-Advisor.

List of the best 5 Binary Options Brokers 2020 | Comparison

Table of Contents

Broker: Review: Regulation: Return on investment: Advantages: Account opening:
1. IQ Option (5 / 5)
➜ Read the review
CySEC (Cyprus Securities and Exchange commission) up to 100%+ + Best platform
+ Best support
+ Highest yield
2. Binary.com (5 / 5)
➜ Read the review VFSC, FSC, MGA up to 100%+ + Automated Trading
+ High yield
+ Forex & CFDs 3. Expert Option (4.5 / 5)
➜ Read the review VFSC up to 90%+ + Good Support
+ Account Types
+ Social Trading

4. Pocket Option (4 / 5)
➜ Read the review IFMRRC up to 95%+ + Accepts any clients
+ Bonus program
+ Social Trading 5. Binarium (4 / 5)
➜ Read the review No Regulation up to 95%+ + Accepts any clients
+ Bonus program
+ No fees

You are searching for a reliable Binary Option Broker? – Then you are right on this website, we show you a list of the 5 best trading platforms for digital options. Binary Options have pros and cons but what is more important to find a good Binary Options Broker. With more than 7 years of experience in the financial markets, we exactly know how to spot a reputable trading platform. Inform yourself about the 5 best brokers and their characteristics. Should you invest your money with Binary Options? – Find it out.

How to spot a reliable Binary Options Broker:

On this website we only show you tested Binary Options Brokers by ourself. We want to be sure that the companies pay out the profit. Be aware of trading Binary Options because there is a lot of scam on the internet. That is why you should check a broker before you sign up and invest your hard-earned dollars.

To find a good Binary Options Broker we have different criteria. Safety for customers is the most important point. In addition, a trader needs professional trading software and a high return on investment. The following criteria are used to find a good broker.

Our criteria for a good Binary Options Broker:

  • Regulation of finance authority
  • Safety for customer funds
  • Free demo account for testing
  • Low minimum deposit
  • High return on investment (yield)
  • Usefull trading platform with analysis tools
  • No hidden fees
  • Fast execution of trades
  • Available support in different languages

Regulation and safety for customers

We have to note that Binary Options are not allowed or supported in some countries. That is why not every Binary Options Broker accepts customers from certain countries. Mainly unregulated Binary Options Brokers accept international and all clients. The demand for trading binary is very high that is why we also show you 2 unregulated brokers who are accepting any clients.

Safety for the customer is important and every broker understands it. The company is regulated and is using regulated payment methods. The brokers guarantee the safety of customer funds which are managed in big trustworthy banks. The client’s funds are separated from the companies money.

For example, you will find the regulation and company information mostly on the bottom of the broker’s website:

Example regulation of Binary.com

Binary Options bann and fraud:

In the most cases Binary Options is an OTC (over the counter) traded product. Traders are trading against each other on the brokers platform. In the past there was a lot of fraud around this financial product. That is why some countries try to bann Binary Options or made more secure regulations. For example, in Europe Binary Options are only sold to professional clients at the moment and in the United States of America the Securities and Exchange Commission only allow exchange-traded Binary Options.

How do Binary Options work? – Quick Tutorial

How to trade Binary Options? – In this section, we will give you a short overview of the finance product. The most mistakes are happening because of misunderstanding.

Binary Options have only two main results:

  • You loose your investment amount
  • You get your investment amount back and earn a high yield
  • (If the price is not moving you get the money back)

It is very easy to trade Binary Options. That is why it is a popular investment. First, you have to analyze the chart and market for a potential trading idea. If you are sure to invest you can open the trade. Make a forecast of the price movement. You can invest in rising or falling prices. You buy (call) or sell (put) after you have chosen the investment amount and the duration time of the trade. The price has to be above or below your entry point (strike price) in order to get the return on investment.

Binary Option Trading example (short trade)

How to trade Binary Options:

  1. Make a forcast of the price movement
  2. Choose the duration (expiry time) of the option
  3. Choose the investment amount
  4. Click on buy or sell
  5. Wait till the duration time is over or sell the option before
  6. Make a return on investment or lose the investment amount

Detailed comparison of the 5 best Binary Option Brokers

We tested every Binary Option Broker which we publish on this website in detail. In the next section, we will give you a deeper look into the trading platforms. You will get the first-hand experience and if you want to read more information you can visit our full review of the companies. The Binary Option Brokers are listed after your review conclusions.

1. IQ Option

IQ Option Trading Platform

In our list IQ Option is the Best Binary Options Broker. This platform can offer a phenomenal service for the trader. For many years the brand is well known in the industry. It is a European company which is acting internationally, international clients are accepted.

You can start with a low minimum deposit of $10 or a free demo account. It is possible to trade more than 300 markets on the platform. There are binary options, digital options, forex, CFDs, stocks, and ETFs. It is a multi-asset brokerage. Moreover, the return on investment is very high and up to 100%+. The company also offers VIP accounts to get more returns.

What makes IQ Option so unique? – It is the perfect trading platform. You will get very nice handling which you will not get on other platforms. Watch more than 100 education videos and chat with other traders. Also, there is 24/7 support in different languages. Overall, IQ Option has the best features for binary trading.

Conditions for IQ Option traders:

  • European broker and company
  • Regulated and high safety for customers
  • Multi-asset brokerage
  • Trade binary options, forex, stocks, ETFs, CFDs and more on one platform
  • In comparison the best trading platform with the most features
  • Free demo account with $10.000
  • Low minimum deposit of $10
  • No hidden fees
  • 24/7 support for traders
  • Free education for traders

2. Binary.com

Official website of Binary.com

Binary.com is the oldest broker for Binary Options and active since the year 2000. It is also an international company which got different regulations around the globe. Binary.com invented online trading for Binary Options and offers a professional trading platform. If you want to start to trade you can use the free demo account or start with a minimum deposit of $5.

What is so special about this broker? – There are many opportunities to invest in the platform. You can trade options, forex, and CFDs. More than 100 different assets. Binary.com is the only broker for Binary Option which support automated trading. You can create a bot by yourself on the trading platform and let it run.

The return of investment can be up to 100% and the spreads are very low for forex trading. Beginners can enjoy educational tutorials for each platform of Binary.com. The platform is available for any device. Furthermore, the broker support trading with the popular software MetaTrader 5. All in all, Binary.com is a reputable broker for binary trading.

The conditions for Binary.com traders:

  • Popular broker since 2000
  • Multi regulated company
  • Accepts international traders
  • Free demo account
  • Minimum deposit only $5
  • More than 100 markets to trade
  • Forex, CFDs, stocks, commodities, and more
  • Return on investment up to 100%
  • Multi-platforms
  • Supports automated trading (bot)
  • MetaTrader 5
  • Support in different lanugages 24/5

3. Expert Option

Expert Option Trading platform

Expert Option was founded in 2020 and offers Binary Option trading on more than 100 assets. The company is based in Saint Vincent. It is a regulated broker by the Vanuatu Financial Service Commission (VFSC). Expert Option makes a good impression on us because of the professional trading platform. With one click you can create a free demo account with $10,000.

The minimum deposit is starting from $10 and if you deposit more money you can get a higher account type up to platinum. The return on investment is up to 90% and is depending on the market situation. For example, by using the platinum account ($5,000) you get an increased profit of 4%. The platform is only for short-term trading with a maximum duration of 5 minutes. This is a little disadvantage for us.

Another special feature of the platform is the social trading function. You can follow other profitable traders to make a profit. Furthermore, education material, webinars, and analysis are offered for free by Expert Option. All in all, Expert Option is a safe and recommended broker for trading.

The conditions for Expert Option Traders:

  • Binary Option Broker since 2020
  • Regulated by the VFSC
  • Free demo account
  • Minimum deposit of $10
  • Only short-term trading
  • More than 100 assets
  • Return of investment up to 90%
  • Account types
  • Social Trading
  • 24/7 support
  • Education and training for traders

4. Pocket Option

Pocket Option website screenshot

We already made a lot of trading videos with Pocket Option on our Youtube channel. It is a reliable broker which accepts all type of clients from every country. The platform is very new and has a lot of different features for trading. Binary Options and forex trading is offered by a minimum deposit of $50. Also, you can join the platform with a free demo account.

Pocket Option is a new broker who knows how to attract new customers. The return of investment can be up to 95%+ and there is a free achievement program. You can earn gifts by trading on the platform. Also, a bonus program is offered for every deposit and trader. You can double your deposit to make more profit.

You can trade forex, cryptocurrencies, stocks, and commodities with one click. From our experience the execution of trades is at its best. Another good feature is the social trading function. You can copy other traders. In conclusion, Pocket Option is a very interested broker with a lot of opportunities.

The conditions for Pocket Option traders:

  • International offshore broker
  • Accepts every client
  • Regulated by the IFMRRC
  • More than 100 assets
  • Minimum deposit of $50
  • Free demo account
  • Free bonus program
  • Social Trading
  • Support 24/7
  • No fees

5. Binarium

Binarium official website

Binarium is an unregulated Binary Options Broker from Cyprus (EU). The company exists since 2020 and offers binary trading. The trading platform looks like the same design of IQ Option. The biggest advantage of Binarium is that the broker accepts clients from every country. You can sign up and start trading directly

There is also a free demo account and if you want to invest real fund you have to deposit $5 or more. The funds are managed in European banks for safety. On the platform, there are more than 50 different markets to trade. The maximum yield is up to 95% and you can grab a free bonus for your deposit if you want.

Binarium offers short-term and long-term trading 24 hours per week. You can use a lot of different analysis tools to create strategies or trading methods. Each tool can be customized by the user. From our experience, Binarium is a typical offshore broker which gives good conditions for binary trading.

The conditions for Binarium traders:

  • Binary Options Broker since 2020
  • Based in Cyprus
  • Not regulated
  • Free demo account
  • Minimum deposit of $5
  • Bonus program
  • High return on investment up to 95%
  • No hidden fees
  • Support in multi-language
  • Professional trading platform

Conclusion: High return on investment is possible with a good Binary Options Broker

On this website, you find the reputable and latest information about Binary Option Brokers. We showed you the best companies to trade with which are tested by us with real money. You can test these trading platforms also by yourself with a free demo account. In addition, the minimum deposits are very low and you can start with a small amount of money.

If you feel comfortable you can invest more money to increase your profit. With these platforms, you get access to a lot of different financial markets. Start trading by using short-term or long-term options.

Finding a good Binary Options Broker is not so easy because the choice is quite large on the internet. With our criteria, we found the best brokers and presented them to you. For more information you can read our detailed reviews:

Binary Options trading can be secure with the right broker. On this site, we showed you the best companies.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

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All About Binary Options Trading
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