This broker is closed.
UKoptions delivers a whole new approach to binary trading, as it offers easy to use platform accompanied by great assets and amazing customer policies. UKoptions review will help readers find out more about this amazing broker that loves to accentuate the importance of learning and proper education.
UKoptions developed four different account types that are offered to traders, depending on their deposit. In UKoptions review is noted how these account are appealing to all types of traders.
The broker also provides Islamic account, available only to traders of Islamic faith. Such accounts are created according to muslim rulčes of conduct and, for example, don’t charge any fees.
The required turnover for bonuses is x40, that can be considered to be higher than average. It would be much better if broker would have a bit clearer and more detailed T&C on bonuses. Before accepting a bonus, make sure to read T&C very carefully.
Traders who choose UKoptions can expect trading on SpotOption platform, probably the most popular platform in the binary industry. This platform is reliable and safe and provides good overview over all trades: placed and future ones. When it comes to options they offer, in UKoptions review was found out how they provide 60 seconds, long term options, touch, and ladder. Traders can also join Forex trading as the broker allows it as well.
It is a proof of great quality when broker enables both long-term, and short-term trading, as it proves that broker is suitable for all types of traders, just like UKoptions is. UKoptions even refunds 10% in cases when the trade ends ‘out of the money’.
The broker offers various assets: 12 currency pairs, 20 stocks and 20 indices and seven commodities to choose from.
Traders who want to trade with UKoptions will be happy to know that customer service can be reached via email, online form and chat. There is also limited phone availability. The phone can be used by traders from Australia, Canada, Germany, New Zealand, South Africa and UK.
Support is very quick and friendly and answers all necessary questions. FAQ section could use some improvement, but fast customer support compensates for it. Support is available in English language only.
During writing UKoptions review, we expected that amazing platform, assets and customer service will be accompanied by a good selection of banking methods. Unfortunately, that is not the case.
UKoptions accepts credit cards and bank wire. Basically, credit cards are the only solution, as bank wire has become the outdated type of banking transactions and money laundering regulations are preventing users from accepting big sums. Adding some popular e-wallets would be great, as credit cards simply are not competitive enough, especially when UKoptions is compared to another broker.
Minimum deposit with bank wire is $500 (or same number in other currency offered) while credit cards allow minimum deposit of $250. Minimum withdrawal is $50, and it takes up to 7 days for funds to be visible on the account. The time may depend on bank used, bank account type, several laws etc.
What we found concerning during writing of the review was the fact that no withdrawals can be requested during first 30 days. Only special requests will be taken into consideration. Users who opt for bank wire as their method must also count on $25 fee. No withdrawals are allowed until required bonus turnover has been reached, so make sure to understand this before accepting the bonus.
