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Product uBinary vs. IQ Option

Choosing the most appropriate binary option trading srevice for your business is complicated with various features, choices, and terms to take note of. However, using our review directory will help you to streamline the selection steps by reading all major brokers in one place. For example, you can match IQ Option and uBinary for their tools and overall scores, in this case, 8.5 and 8.4, respectively. Similarly, you can check which service has superior general user satisfaction rating: 99% (IQ Option) and 100% (uBinary) to learn which one is the better choice. Don’t simply choose the service with the lowest minimum deposit, but the platform that gives the best value.

Product

uBinary

VS

IQ Option

VS

Score

Our Score

8.4 ?

Our Score

8.5 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

99% ?

Minimum Deposit

$250

$10

Accepts US Clients

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Complete Review

Description

uBinary’s ParagonEX trading platform is a refreshing change from the usual SpotOption platform deployed by the majority of binary traders. It carries a number of features and is intuitive and very fast as well.

The ParagonEX platform is more exclusive than typical trading platforms and it offers a really unique look and feel in comparison to them. The platform itself supports both Android and Apple iOS systems and mobile apps are offered free of charge. Keep in mind though, that the web platform requires a 64-bit browser in order to function at 100% capacity. 32-bit browsers such as Chrome will limit access to the professional charts that call for a Java plugin compatible exclusively with 64-bit browsers. The platform offers 74 assets in stocks, indices, commodities, and currencies.

IQ Option’s trading platform differs from most generic platforms. Asset selection is done using a tab system placed on top of the price chart. A drop-down list placed on the right side of the tabs offers more assets.

There are action buttons for the option types (Call/Put) you want to buy. IQ Option offers predefined amounts such as $10, $20, etc. that you can choose. Alternatively, you can also key in the amount in the amount box. The personal cabinet section shows your banking transactions and trading history. It also hosts the customer support option. The trading platform also supports mobile trading with iOS and Android apps.

Place Trades Over Phone

Yes
No

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Payout ratios

uBinary offers payout up to 95%.

Returns can go as high as 92%.

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities Oil, Gold, Indices, Stocks, Commodities

Platform

Platform type: ParagonEX
Platform Languages: English, Russian, Arabic
OS Compatibility: iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: Yes
Platform type: In-house
Platform Languages: English, Spanish, Russian, Chinese, Arabic
OS Compatibility: Mac OS, Windows, Android
Streaming News Feed: No
Email Alerts: Yes
Mobile Alerts: Yes
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Located In

London, United Kingdom Cyprus

Email

ubinary@ubinary.com support@iqoption.com

Phone

4420 3695 9422 74956680633

Trade Types

uBinary offers the following trade types:

  • Above/Below
  • 60 Seconds
  • Speed Trading
  • Option Builder
  • Long Term

 

You can choose between the classic High/Low binaries and the faster Turbo trade feature.

Trading Accounts

uBinary offers five types of trading accounts:

Micro Account $250 – $499 deposit

  • $20 Minimum Stake
  • 20% Bonus
  • Free Training
  • Free Signals – 14 Days
  • Up To 70% Payout
  • Trader Protection Insurance

Mini Account $500 – $999 deposit

  • $20 Minimum Stake
  • 25% Bonus
  • Free Training
  • Free Signals – 30 Days
  • Advanced Guide
  • Up To 75% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Standard Account $1,000 – $4,999 deposit

  • $50 Minimum Stake
  • 30% Bonus
  • Free Training
  • Free Signals – Unlimited
  • Advanced Guide
  • Personal Broker
  • Up To 80% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Gold Account $5,000 – $9,999 deposit

  • $150 Minimum Stake
  • 40% Bonus
  • Free Training
  • Free Signals – Unlimited
  • Personal Broker
  • Advanced Guide
  • Up To 90% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Platinum Account $10,000+ deposit

  • $250 Minimum Stake
  • Up to $5,000 Bonus
  • Free Training
  • Free Signals – Unlimited
  • Personal Broker
  • Advanced Guide Guide
  • Up To 95% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

IQ Option offers a free demo account and two types of trading accounts:

Real: Minimum deposit is $10

  • Bonuses up to 80% on each deposit
  • Up to 45% return in case of a wrong prediction
  • Over 70 assets

VIP: Minimum deposit is $1000

  • Bonuses up to 100% on each deposit
  • Up to 60% return in case of a wrong prediction
  • Over 70 assets

Payouts Percentage

95%

92%

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Russian, Arabic
Customer Service Hours: uBinary offers 24-hour customer support.
Place Trades Over the Phone?: Yes
EMAIL PHONE NO.
TICKETS
Customer Support Languages: English, Spanish, Russian
Customer Service Hours: IQ Option offers customer support from 9:00 AM to 11:00 PM
Place Trades Over the Phone?: No

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer, Neteller Webmoney

Comission

No
No

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Neteller Webmoney, PayPal, Credit Card, Bank Wire Transfer, Skrill, Neteller
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No Binary Options Brokers will be perfect enough to cover all the requirements of a company. Even though key features of IQ Option and uBinary are important you should also carefully examine the integrations supported by a given software. Quote frequently your team will already be making use of various kinds of B2B software in your company and it’s much better to select services that integrate well with each other. If you do that you can guarantee an effortless transfer of information between your teams and services, which can significantly reduce time wasted on migrating between one software and the next.