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Comparison uBinary vs. OptionTrade

Getting the best binary option trading srevice for your business is hard with too much features, options, and offers to choose from. However, depending on our review platform will make it possible for you to cut down the necessary steps by displaying all major brokers in one place. For instance, you can compare uBinary and OptionTrade for their tools and overall scores, in this case, 8.4 and 8.4, respectively. Similarly, you can see which broker has better general user satisfaction rating: 100% (uBinary) and 100% (OptionTrade) to find out which solution is the better choice. Don’t just choose the solution with the most attractive minimum deposit, but the one that gives the most cost-effective value.

Comparison

uBinary

VS

OptionTrade

VS

Total Score

Our Score

8.4 ?

Our Score

8.4 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

100% ?

Minimum Deposit

$250

$200

Accepts US Clients

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Detailed 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.

OptionTrade offers traders their OT Trader, which is modeled after another successful trading broker called HotForex. OT Trader is a sophisticated binary trading platform built based on the experiences of the platform provider.

You can trade with ease using OptionTrade’s cutting-edge OT Trader platform. Traders can trade in more than 200 assets in 20 markets. You can manage multiple accounts in the myOptionTrade client area as well as trade on-the-go from any device. Minimum trade amount starts at $5.

The trading platform offers sophisticated trading tools and fast execution of trades. The platform is Web-based, therefore there is no need for downloads. It offers a user-friendly interface and is easy to use. The platform is integrated with all leading payment methods.

Located In

London, United Kingdom Cyprus

Payouts Percentage

95%

88%

Phone

4420 3695 9422 +357-24-020054

Place Trades Over Phone

Yes
No

Trade Types

uBinary offers the following trade types:

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

 

Trading choices at OptionTrade include the usual trading types such as:

  • 60 Seconds
  • Classic Binary Option
  • Long Term
  • One Touch
  • Pairs

Deposit Options

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

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

Email

ubinary@ubinary.com support@optiontrade.com

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: OT Trader
Platform Languages: English, Spanish, German, French, Russian, Chinese, Italian, Arabic, Swedish
OS Compatibility: Mac OS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Comission

No
No

Withdrawal Options:

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

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

OptionTrade offers three types of trading accounts:

Standard Account – Minimum deposit of $200

  • Cash match bonus
  • Payout up to 83%     
  • Free demo account   
  • 80+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

Premium  Account – Minimum deposit of $1000

  • Cash match bonus
  • Payout up to 85%     
  • Free demo account   
  • 120+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

VIP Account – Minimum deposit of $5000

  • Personal account manager
  • Cash match bonus
  • Payout up to 88%     
  • Free demo account   
  • 180+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

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

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.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Chinese, Italian, Arabic
Customer Service Hours: OptionTrade provides 24-hour customer support.
Place Trades Over the Phone?: No

Payout ratios

uBinary offers payout up to 95%.

Payout ratios offered by OptionTrade are available for up to 88%.

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No Binary Options Brokers will be perfect enough to cater to all the needs of a business. Though key functionalities of uBinary and OptionTrade are important you should also thoroughly study the integrations offered by each solution. In many cases you will already be using various kinds of SaaS software in your company and it’s much wiser to choose services that integrate well with each other. If you do that you will be able to be certain of a reliable exchange of data between your teams and services, which can considerably reduce time wasted on migrating between one solution and the next.