UltraTrade has gained its solid reputation for being passionate in what they do, even though they operate in the binary market only starting from this year. However, for someone it is still unclear what makes this binary broker so special. In this review, we would like clarify all the important aspects to help you shape your personal UltraTrade opinion. Therefore, let us focus on the following topics:
- Trading facilities: Platform and Accounts
- Market Analysis
- Procedure of deposits and withdrawals
Trading at UltraTrade: Platform
Software always plays a significant role, especially when we talk about trading platforms that online trading brokers provide. For inexperienced traders, dealing with a complex trading platform is quite problematic. In case of UltraTrade, choosing SpotOption was a bright decision. A great platform tested by time, SpotOption is the trading platform with attractive design and is pretty simple to use. Furthermore, it possesses perhaps best risk management tools than you might find in any other binary trading platform.
UltraTrade binary broker does not limit you in your choice of financial instruments, although it is not possible to trade CFDs right now. Nevertheless, you can still benefit from trading commodities, currencies, indices and international stocks. At UltraTrade, you are given an access to all trading types such as: Basic Binary Options, Long-Term, One-Touch, Currency Pairs, 60-seconds, Ladder and iFollow.
Trading at UltraTrade: Accounts
Another important aspect of this broker is the choice of trading accounts. At UltraTrade you are given an opportunity to pick one of the following accounts: Silver, Gold and Platinum. You may see the features of the first two accounts at the image below;
Our UltraTrade broker review informs you that the best choice for VIP trading is the Platinum account:
Market Analysis at UltraTrade
UltraTrade has devoted a lot of time to deliver the most accurate market data by providing you with fundamental and technical market analysis.
At UltraTrade you can exploit new opportunities by watching Daily Market review to draw a bottom line for all events that happened in the financial world during one specific day.
Moreover, UltraTrade provides a thorough technical market analysis by providing a real market data on all tradable assets. Thus, you are able to observe how exactly your asset is performing in different time frames: from 1-minute up to one week. On a side note, the technical summary made by UltraTrade includes all the Moving Averages and indicators you will require.
However, the benefits of using UltraTrade market analysis do not end. In our review of UltraTrade, we intend to discuss the analytical tools that might help to increase the profitability of your trades: Trading Hours and Economic Calendar.
Trading Hours is a handy tool which aim is to provide you with the data when world’s 5 Major Stock Exchanges are active. In fact, binary trading market is open 24/5.
If you look at the image carefully, you will notice that all markets tend to overlap with each other. This represents the peak of the market activity. Fortunately, UltraTrade gives you an opportunity to track these overlap times and make money with relative simplicity.
Second great tool is called Economic Calendar for binary options, which was particularly high-rated by customers’ UltraTrade opinions. It is used by traders to track the occurrence of market events. Therefore, investors pay a lot of attention to various announcements (e.g. Annual Federal Reserve report) that might be quite game-changing for the market direction. UltraTrade has created a viable Economic Calendar to prepare you for profitable opportunities.
UltraTrade reviews: Procedure of deposits and withdrawals
It is easy to deposit funds in your UltraTrade account. You can use either credit/debit card (Visa, MasterCard), e-wallets (Skrill, WebMoney, Neteller) or wire transfers.
To proceed with a withdrawal, UltraTrade requires you to provide a copy of your official document with a purpose to verify your account. After that you are free to make withdrawals with the help of credit/debit card or wire transfers. If you are Silver or Gold account owner, your request will be processed within 7 business days. For premium users of Platinum account the withdrawal request is processed immediately.
Reviews of UltraTrade: General opinion
UltraTrade is the professional team of personal managers, financial analysts and customer support agents who definitely know how to provide you with VIP trading experience. Is UltraTrade scam? For sure it is not. Strong technological ground, CySEC regulation and clarity of transactions mark UltraTrade as the binary broker you will certainly want to try!