UB4TRADE is a binary options broker. They are owned and operated by Finatex Ltd with an address at Suite 6, 3rd Floor, 93-99 Mabgate, Leeds, Yorkshire, LS9 7DR, United Kingdom. Their contact phone number is +41 4450 87387.
Binary platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. UB4TRADE uses the Tradologic platform. A good binary options platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. Their platform is web-based no download is required.
Withdrawal and Deposit Method
UB4Trade withdrawal and deposit methods could be carried out by the following means: Visa, Wire transfer, MasterCard. The minimum deposit is $250.
License and Regulation
UB4TRADE is NOT a licensed broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. This is a source of major concern.
We also found out they offer a Managed Account Program. This has been a major source of complaints amongst traders. We strongly advice against it and warn traders to stay away from it.