We do not recommend trading with this broker. It is under investigation for unethical business behavior! Try trading with HighLow instead.
UnitedOptions is another broker offering access to binary options world for US customers. This means this broker does comply with an extended set of rules allowing it to provide trading services to US citizens. Trading with UnitedOptions is easy and secure and there are various options that make the experience more exciting and profit chances plentiful. Trading interface is easy to master, so users can, with the help from the UnitedOptions staff, profit by making smart decisions based on good judgment. This has made UnitedOptions one of the leading brokers focusing on the US market. Check out more in our UnitedOptions review.
Unitedoptions id a fairly simple platform when it comes to features, but most of them are well designed and much thought has been given in order to create a package that will truly help traders develop their trading skills and enable them to profit while still in the beginning of their trading career. Platform offers 24 hours trading on a professional software which was streamlined in order to appeal to all customers – even those who have never seen binary options.
Some of the features offered by Unitedoptions are:
- personal account manager,
- live chat support,
- analyst trades,
- safe trades,
- one-on-one training.
There is no clear bonus policy. Additional leverage can be awarded first time users deposit, at every subsequent deposit or with special promotions that are on a weekly basis. Users can access Unitedoptions staff and knowledge trough excellent educational possibilities.
Some times, analysts will recommend trades directly to users for their own profit. When clicking on the market review link, clients are taken to a separate signals website with rich resources for every trader. Seminars and video guides are also an excellent way to get the grip of the trading basics.
In general, there is no clear features policy, so there is no bonus policy. Even if all the features are not advertised, users should be aware they exist, so we at FBO tried to uncover them for our users. It is intuitive that the more users communicate with personal account managers they will get better guidance and have access to a richer users experience by capturing more features than passive traders.
Every policy comes with terms & conditions attached, as in any business. Bonus policies are known by traders as being turnover dependent. With Unitedoptions, required turnover depends on the size of awarded bonus:
20 x for every 30% bonus.
25 x for every 40% bonus.
30 x for every 50% bonus.
When users make profit with analyst or safe trades, the turnover for awarded payout is 15x. We think these are very reasonable and acceptable bonus conditions which favor customers when compared to some other broker with only one turnover requirement for the same amount of bonus funds.
Trading Software & Assets
Trading platform with Unitedoptions is fairly simple. It includes three trading interfaces row that doesn’t offer much options when it comes to customization. Windows are well set up but the experience is primarily dictated by designers. Window options cannot be changed, but the offered environment is highly intuitive and works great. Price quotes are updated at short time spans and don’t freeze even at slow internet speeds.
Even with a simple interface, Unitedoptions offers many options when it comes to trading products. Option builder lets users design their own binary options that reflect their own risk assessments. There are also OneTouch, 60seconds and the pro platform to make experience better. Unitedoptions also offers pairs trading which is one of our favorite features.
There is a decent selection of underlying assets to trade binary options with. Offered portfolio is well aligned, allowing users to take advantage of more than 20 stocks and 15 currency pairs, which will be more enough to create a good and resistant portfolio. There are 6 commodities and a nice list of indices for those who are not trying to beat the market but to gain
You can contact Unitedoptions by phone, via live chat or by e-mail. This is the standard setup in the binary options world meanwhile. In order to test the service, FBO always sends an inquiry to see if the support delivers what it promises. With Unitedoptions, customer support representative contacted us soon after our e-mail and informed good enough, even though we would have preferred some more details to cut the follow up questions.
Small quirk is the fact that phone number is provided only for United states, which shows where the most customers come. The only website language is English. FAQ is very good and informative.
Banking & Company Information
Users can transfer funds to and from Unitedoptions trading account using standard financial products such as debit and credit cards and the bank wire transfer. The banking service is safe and obeys all the relevant tules and regulations, which means users have to comply with anti money laundering regulations by verifying their accounts, as is custom with all binary options brokers. One cannot escape from this since Unitedoptions, as most US focused brokers cant accept net wallets.
Depositing is made easy with credit cards and can be somewhat slower when using the wire transfer. Minimum deposit is USD 500, GBP or EUR. This is pretty high considering many brokers offer access to the trading platform for less than $200. Visa and MasterCard are accepted.
When withdrawing, the minimum amount is $100 and users will have to verify they account again as mentioned. Withdrawal requests will be processed in 5 days if verified. Afterwards it can take up to 7 days until funds are visible on the user’s account. For wire transfers, Unitedoptions charges a $25 fee.