Is UKoptions a Scam?

UPDATE (1.11.2016):

We have found out that UKoptions is closed.

We recommend choosing one of our top binary option brokers instead:

1. IQ Option
2. Banc de Binary
3. Finpari (for US traders)

Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

Is UKoptions a Scam?Although trading in binary options is both exciting and profitable for the traders, it is a requirement that the traders operate through an intermediary- a binary options broker. It is very unfortunate that some traders discover that a broker is fraud after they have deposited their money with the broker. In some cases, the scam brokers block the trader from withdrawing his or her earnings. At 7binaryoptions, we have done the research for you and are happy to let you know that Ukoptions is not a scam. We have been evaluating this broker for a while, through a careful inspection and using their features and services. As such, we understand how their site works and are confident that that site is not a scam.

Currently, there are no complaints that suggest that the site is a scam. Instead, Ukoptions is a well renowned broker that is straightforward and trusted throughout the world. In addition to being a safe broker, Ukoptions offers one of the best binary options platforms in the world. While choosing the appropriate broker for you, you will come across many brokers, some of whom are malicious and fraud. Such broker websites are out to steal money from potential binary options traders. This is why 7binary options reviews and evaluates the various binary options brokers in the market today to see whether they are scams or not. Based on our inspection results, Ukoptions is not only safe and secure binary options trading platform, but also one of the most advanced trading platforms across the world. Additionally, this broker also offers SpotOptions trading option for binary brokers.

Another aspect that you may use to determine whether a broker is fraud is the withdrawals and deposit options. At Ukoptions, the minimum deposit is 250 currency units and the company offers its traders an array of methods to deposit and withdraw. Additionally, the broker provides comprehensive information on how withdrawals and deposits are handled. You may also spot a scam broker by looking at their website. The scam websites, in most cases, will not have contact information displayed on their websites. This implies that you will not have a way of contacting the customer care department when your withdrawal is blocked. In this regard, Ukoptions has provided a wide array of channels, through which their clients can reach customer care services and get prompt answers to their problems.

Some of the ways through which you can launch a complaint with this broker is by calling the customer care representatives through the various phone numbers displayed on their website. Alternatively, you may also get in touch with them through the live chat option or fill the online form provided on their website. You may also get a quick response by emailing your concerns to the customer care representatives at UKoptions through the provided email address. The numbers, through which you can get in touch with Ukoptions, are provided according to the country of residence of the traders and include numbers for Germany, New Zealand, Canada, Australia, UK and South Africa. This is to indicate that the broker is among the few trusted brokers offering an integrated system and seamless services in the market today.

Complaints Relating to Ukoptions

For you to succeed in trading binary options, you need not to have any prior experience in the trade. As such, it may be said that the choice of broker may partly influence your success in this form of trade. As a matter of fact one of the most difficult parts of succeeding in this form of trade is getting a reputable and trustworthy broker. This is mainly because of the ever increasing number of scam binary options brokers in the industry today. As a new trader in binary options, you should consider opening a trading account with the leading and highly reputable brokers, such as Ukoptions.

Not only is this broker straightforward in its operation, but is also one of the best binary options brokers in the world and offers an outstanding trading environment for its traders. Again, Ukoptions also offers some of the best trading conditions and terms in the industry today. The immense growth of this company has been driven by the desire to always offer their clients the best and quality trading experience, regardless of their experience in trading binary options. As a result of this effort, the company is yet to receive any negative feedback from its customers.

Ukoptions Reward Features

This broker offers an array of reward features for both the old and new traders using their binary options platform. In most cases, such rewards are offered in the form of bonuses and include deposit bonus, investment match bonus, one-time trading credits, risk-free trades, gifts and incentives. To start new traders off in the right footing, the company offers the traders who open new accounts with them a large amount of money, in the form of initial bonus. To further enhance the trading experience in their platform, the company also offers favorable withdrawal conditions. This allows the traders to benefit from the profit they make on the platform, while trading in binary options. Being a consumer centric broker, Ukoptions lays much emphasis on the satisfaction of the traders using their platform to trade in binary options. This may be the main reason why the company has not received any negative review from its customers for the period it has been in operation.

The approach this broker applies in trading binary options is pretty simple and straightforward; educating their customers to become professional traders in binary options in the shortest time possible. In this regard, UKoptions provides the traders with unlimited educational materials on succeeding in binary options on their website. In addition to this, the Ukoptions binary options websites is user friendly as well as easy to understand and navigate. On top of equipping their traders with educational materials, the company also offers a wide array of financial products to place positions on, on their binary options platform.

If you are looking forward to succeeding in binary options, through a reputable broker, you should consider opening a trading account with Ukoptions. Although this broker is not regulated, it is a magnificent broker choice for binary options traders from different parts of the world, including the US. Until now, no negative feedback has been registered fro the company by the traders who use its platform, but has numerous positive feedbacks from its customers.

Recommended Binary Option Robot:

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Is The Broker Regulated?

Although Ukoptions is not a regulated broker, it definitely is an outstanding, safe and trustworthy broker. The broker is popular among binary options traders from across the globe and is among the leading binary options brokers in the world, in regards to safe and secure money transactions and excellent services. Owing to the growing number of scam brokers in the binary options industry, it is okay for any trader to be concerned about the broker he or she is about to use. In this regard, many traders find themselves concerned about the fact that Ukoptions is not a regulated broker.

Well, this should not bother you any more because we have tried and evaluated the broker for a while now and are certain that it is not a scam broker. The fact that a broker is not regulated does not necessarily imply that the broker is a scam; instead, some of the best binary options in the market today are not regulated, Ukoptions being one such broker. Since being regulated implies that leverage restrictions have to be imposed on the broker in question. In this regard, the regulated brokers tend to offer lower spreads, as compared to the unregulated brokers. Ukoptions has chosen not to be regulated in a bid to offer a better trading experience to its traders by offering higher spreads.

Additionally, there are certain regions, in which no regulations are imposed on brokers. In such places, the brokers do not need to be licensed for them to operate. If you happen to reside in such an area, finding a reputable broker that is not regulated is possible. In this regard, you will have to consider various aspects, such as the signals, features and spreads offered by the brokers in the region. Another thing you should check is whether the said broker is white listed on 7binaryoptions. This because we have done all the donkey work for you, in regards to verifying whether various brokers are actually what they claim to be. Binary options brokers that use the advanced SSL encryption happen to be reputable brokers. Ukoptions uses this type of encryption to ensure that all the transactions by the traders into and out of their Ukoptions accounts are safe and secure.

The safety of your funds with the broker is the sole reason why many traders opt for regulated brokers. However, Ukoptions ha proven that it can guarantee the safety of your money, without having to be regulated by any body. Over the years the broker has been in business, it has strived to offer its customers unparalleled and satisfactory services and features. To further win the trust of its trades, Ukoptions has done everything possible to ensue that customer funds are safe and secure. In this regard, the company has provided its customers with multiple methods, through which they can contact customer care and have their problems resolved in the shortest time possible.

Bonuses at UKoptions

Owing to its increasing popularity, as a way of making easy and fast money online, an increasing number of traders are continually investing in binary options. This increased interest in binary options by people across the world is partly because you do not have to be skilled or experienced in binary options fro you to profit from this trade. To make money from this trade, a trader will need to open an account with a reputable broker and follow signs and signals to make the right predictions on the binary options platform or binary option robot. There are various reasons why you should opt for Ukoptions, as your preferred binary options broker. To begin with, the platform offers advanced technology, a safe and secure trading environment and a performing platform for its customers. Again, the company has a rather simple approach to the trade, with a lot to gain for the traders. In addition to the numerous benefits associated with this broker, traders on Ukoptions platform benefit from the various bonuses offered by the company.

At Ukoptions, bonuses a significant component of the promotion program by the broker. The company is very generous when it comes to rewarding their customers with bonuses, with bonuses totaling to $30,000 in some cases. Te various types of bonuses on offer by Ukoptions include deposit match bonuses, investment match bonuses, traditional and initial deposit bonuses, gifts, trading credits and incentives. However, all these bonuses run for a pre-established period and may be altered based on various conditions and variables.

Whether the bonus is cash or non-monetary, it is governed by same terms and conditions. Additionally, the traders have to fulfill certain conditions for them to be in a position to withdraw the funds. For instance, a trader has to trade not less than forty times the value of the initial deposit bonus for him or her to be in a position to withdraw the funds. While this value may appear to be a bit high for some traders, it actually is not. This is mainly because traders make money effortlessly while trading binary options.

When it comes to withdrawing funds from your funds from your Ukoptions account, there are certain terms and conditions that you must meet as well. For example, the trader has to meet the initial contract stipulations for him or her to be able to withdraw from his or her Ukoptions account. If any of the withdrawal terms and conditions is not met, the withdrawal request by a trader will be cancelled by the broker, a short period after it has been initiated.

Demo Accounts at UKoptions

Although Ukoptions is a relatively new company in the binary options industry, it has stood its ground as one of the leading brokers in the world. Over the few years the company has been in business, it has managed to win a large clientele base, comprising o binary options traders who are out to take full advantage of all the excellent features, bonuses and services being offered by the company. Additionally, the company has managed to beat its competitors in the industry in such aspects as seamless and intuitive user interface and the huge bonuses on offer for both the new and existing traders on their platform. However, it is rather unfortunate that the company does not offer demo accounts for new traders who would like to try their services prior to making the initial deposit. However, this does not imply that the company is not concerned about new traders.

One of the ways to test whether a broker offers the services and features it claims to offer is by signing up for a demo account. However, this is no longer the case; there are numerous websites, such as 7binaryoptions, that review the features and services on offer by various brokers and give traders unbiased results. As such, the demo binary options account is not as essential as it used to be before. Ukoptions has a good reputation among its customers and does not need to offer demo accounts to verify this.

Traders also look for demo account in order to sharpen their skills and knowledge on this trade before getting involved in actual trade. This is particularly the case for the new and inexperienced binary options traders. To cater for this need, UKoptions has various features that are specifically designed for the inexperienced traders, rather than offering demo accounts. These features include a complete binary options trading academy on the website that is meant to educate new traders on the various aspects of the trade.

In addition to these educational materials, the broker also has FAQs and glossary sections and publishes various articles on a daily basis to help sharpen the knowledge of their customers in trading binary options successfully. If these are not substantial, traders may also look for free webinars from the more experienced binary options traders on the website. When it comes to binary options brokers, Ukoptions has set itself aside from other brokers across the world, in that it offers high quality and satisfactory features and services to all its customers across the world.

open-free-account-arrow-ukoptions

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References and Further Reading:

1. Option pricing with Lévy process (E Benhamou – 2000)

2. Securities trading workstation (DR Trojan, EF Keenan III, H Hyatt – 1994)

3. Price dynamics in political prediction markets (SR Majumder, D Diermeier, TA Rietz – 2009)

4. Temporal pattern recognition in noisy non-stationary time series based on quantization into symbolic streams. Lessons learned from financial volatility trading. (P Tino, C Schittenkopf, G Dorffner – 2000)

5. The relation between insider-trading restrictions and executive compensation (DT Roulstone – 2003)

7 Binary Options review: UKoptions: 4,5 stars.
John Miller
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John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
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