UTrader is a newcomer to the Forex space, as the establishment made its online presence only in 2011. Nevertheless, the broker is well-known among Russian and Eastern Europe traders.
UTrader website and the trademark belong to UTrader Day Dream Investments Ltd Trust Company Complex, situated on the Marshall Islands. The Company Agent is UP Services, registered in the Republic of Bulgaria.
Competing for the leadership in the CFDs, Forex, and Options markets, the broker allows the clientele to trade a broad range of instruments: indices, stocks, currencies, cryptocurrencies, and commodities – over 90 assets in total.
UTrader implements SpotOption platform for deal-making. Their prices come from Leverate.com and Reuters.
What makes this broker popular with traders is a relatively small initial deposit – just $200 will be enough to open an account with UTrader.
The brokerage also gifts newbie users with lucrative bonuses. However, do not get too excited – the bonus belongs to the company and cannot be withdrawn until you make a 40-times turnover of its sum. Luckily, you are free to refuse the offered bonus.
Accounts can be opened with US Dollars, British Pounds, Euro, Polish zloty and Rubles.
Payout services here do not come cheap: while the 1st withdrawal within a calendar month is free, every additional withdrawal application is processed for $12 deducted from your account balance.
The broker supports a surprisingly wide range of payment methods:
Clients can reach out for the broker by phone, Skype, and email.
The official website claims that the company is trusted by over 1 million traders. Why do they opt for UTrader?
UTrader broker apparently strives to offer traders all conditions required for comfortable and profitable work. The company also gives a friendly push to binary options beginners, providing them with necessary and useful information to learn the principles and tactics of trading.