Is UTIP Binary Options Platform the right choice for you We know!

Best Binary Options Brokers 2020:
  • Binarium
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  • Binomo
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UTIP Binary Platform Review

Rating:

Nowadays there are quite a few choices for a binary trader to select from, and while many of the binary traders can be familiar with such platforms as SpotOption and TechFinancial, there are more software providers. Many of such are actually offering a more powerful solution for trading binaries online and today we will present you with one of the leading choices of the binary option trading software – UTIP Binary Platform.

Desktop App: Yes Tech. Analysis: Yes

WebTrader: Yes News Feed: Yes

Mobile Apps: Yes Social Trading: Yes

UTIP: About The Company

UTIP is a company that specialises in software development and currently offers a powerful suit for starting a binary and/or FX brokerage. Its primary focus is the development of trading software and UTIP certainly excels in delivering a top-notch trading experience. As its rival platforms, UTIP supplies trading via a browser and it also allows trading on handheld devices. However, what separates UTIP from the its competitors is that this company has over 10 years of experience, and hence, UTIP was able to design a binary options platform with extremely powerful technical analysis features.

UTIP Binary Options Trading Platform

It does not matter whether you are just a beginner or a seasonal binary options trader, UTIP should be your best choice if you consider becoming a pro one day. From the first glance it is possible to see that the platform is designed for professional trading experience.

Unlike other binary option platforms that fill out the User’s Interface with bulk PUT and CALL buttons, UTIP actually lets you focus on the analysis as you can preview a very clear chart. It also supports multiple trading instruments via tabs.

Many advanced traders find some technical analysis types available at most of the binary options trading software very limited. This is where UTIP comes handy, with a few clicks you are able to fully prepare your chart for some powerful analysis.

With UTIP binary options trading platform you can use various types of Moving Averages, add Relative Strength Index and also apply Stochastic Indicator.

It is also possible to choose one of the three forms to preview the pricing:

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

Next to great charting and analytical options, UTIP has lots of customisation features. In simple words, you can make the platform look just the way you want. This attribute certainly makes UTIP unique in the realm of binary options software providers.

Want to get more information? Read More at UTIP website

UTIP Trading Instruments

Another great feature of this trading software is that you can access a great number of markets and trade an extensive amount of assets. In fact, UTIP may be just a platform that offers the widest variety of the instruments in a single platform. Let’s take a more detailed look at what you can trade via UTIP Binary Options platform below.

Forex

There are 23 currency pairs available for trading. These list involves all of the major pairs, minors, commodity and even a few exotic pairs like NZD/SGD.

If you are into stock trading, then UTIP is a great choice for you too. Amongst the shares you can find such blue chip stocks as Apple, Alphabet (previously Google), IBM, Yahoo and over 35 more choices.

Indices

There is also an impressive number of the world’s leading economies that you can trade via UTIP platform, ranging from a regular UK100 (FTSE) to FR40 (CAC).

Metals

As most of the competitors, UTIP offers a modest choice between two metals. You can trade binary options for Gold and Silver.

Cryptocurrencies

This is a unique feature that we have only seen available at UTIP platform, although there is only one cryptocurrency available, it is the most famous and the most liquid one – Bitcoin. Your choice is also limited as you can trade Bitcoin only against US dollar, yet it is still a great feature.

UTIP Mobile Platform

UTIP offers a slick way to trade binaries via your mobile device. Although currently only Android devices are supported, the platform is much more useful than any other alternative available to binary traders. At this platform you can clearly preview the chart, the quotes, execute trades and check you trading history.

A great feature of this platform is that you are able to plot the chart over 5 different time frames, ranging from 5 seconds to 1 day.

Unlike other binary options apps for mobile trading, UTIP offers a nearly identical trading experience, although the objects and indicators are not available.

UTIP Binary Platform Conclusion

So far this is the most advanced platform for trading binaries that we have seen so far. Another advantage of it is that it is not really complex, hence even a beginner can quickly start profiting from binary options using this platform. Technical indicators and graphical objects are what make UTIP special. Next to a versatile web application, UTIP binary trader also comes as an Android app. If you have not tried it yet, do not waste your time and get a demo account by clicking the button below.

Binary Options Hub

Binary Options Broker Reviews

Binary Options Broker Reviews

Binary Options Hub strives to provide you with the best binary options broker reviews. Below you can find a binary options brokers comparison table that includes only trusted binary options brokers. Don’t know what binary options are? Check out the Starter’s Guide!

After the table with the best binary options brokers you can check the worst ones – binary options scams. Take care and avoid scam binary options brokers! After that, the binary options bonus from trusted binary brokers are displayed.

Top 3 Binary Options Broker Reviews

Check out Binary Options Hub’s list of the trusted binary options broker reviews. Quickly preview the main features at the table and click on the logo to read a detailed review. As a rule, US friendly binary options brokers are not regulated.

Broker License Platform US Bonus Start now
CySEC Custom N/A% Sign Up
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Deserve to be on this list? Let us know!

Binary Options Scam Review

Trading binaries is great, but there are many scams out there. While trading binary options is risky, it is even riskier to trade with a scam binary options broker. Stay away from untrusted places and trade only with verified binary brokers. Here we will post a list of Binary Options Scams. Binary Options Hub list of shame is here to guide you about binary options scams so you can rest assure you are in the safe place.

If you broker is on the list below – run away, as it is definitely a binary options scam!

Broker License Platform US Bonus Start now
N/A SpotOption 100% Scam Review
CySEC Cedar Finance 30% Scam Review
N/A TraderXP N/A Scam Review
N/A Custom N/A Scam Review

Know binary option scams? Make this info public – Let us know!

Best Binary Options Bonus Review

Looking for some extra trading capital? Check out great deposit bonus offers from the best binary options brokers. You can get a bonus from 30% to 100% and this way you can get more opportunities. Don’t go for the biggest bonus, go for the honest binary options brokers that offer the most suitable bonus for your binary options trading strategy!

Most of the binary options deposit bonus deals are offered on the first deposit only, so choose the broker wisely & start with the right deposit. Only best binary options bonuses below!

Broker License Platform US Bonus Start now
CySEC KeyStone 50% Sign Up

Want to add a better binary options bonus? Drop us a message!

Top Binary Options Broker Reviews

When it comes to trading binary options online, you should invest most of your time not only into education and the development of your binary options trading strategy, but most importantly you should focus on choosing one of the top binary options broker! This is vital, as setting up a binary brokerage is quite accessible these days and this is why there are many binary options scams.

Binary Options Hub is here to help you choose the best binary options broker, so you can trade safe in the knowledge that your broker will not trick you.

How to Choose a Good Binary Options Broker?

The first step in choosing your place for trading binaries should generally depend on your location. This is vital, as every trader should be going for a regulated company. Below we will describe what kind of options you have when it comes to selecting your binary broker depending on your country.

Regulated Binary Options Broker Reviews

Should you be located in Europe – you need to generally go for one of the CySEC binary options broker, as there are quite many. It is important to choose a broker that is regulated, as the chances your broker will not trick you are quite high. Binary Options Hub would recommend you to open an account with IQ Option, as this broker is not only regulated, but also provides easy deposit and withdrawals methods and amazing support.

If you are from the UK, be advised that currently there is no FCA regulated binary options broker. As you cannot find a licensed company in your location, it is advised to go with a CySEC broker too.

For the US traders the situation is even harder. There is currently only one NFA regulated binary broker – Nadex, yet Binary Options Hub would not recommend you to trade with it. As a US binary options trader, you can only choose an unregulated binary broker, but this should only be done with the high level of attention. There are many scams and most of them are actually looking for the US traders. In most of the cases, a CySEC regulated binary broker would not accept US clients, even under its offshore entity. This is why we would recommend you to open an account with CTOption, this is a trusted broker that provides superior trading conditions and welcomes US traders.

Should you come from the countries outside of the US, UK or EU, you should generally settle for the offshore entities of the CySEC regulated brokers. This way you will still be accepted and even though you are not going to open an account in the regulated entity, you would be trading in the company that supplies an alike type of services. We would recommend you to open an account with IQ Option as this brokers certainly supplies the best value for money and offers quite attractive deposit bonuses on binary trading accounts.

Binary Options Trading Platforms aka Binary Options Software

Another important aspect in choosing the best binary options broker for you is to select the one that supplies the most versatile trading platform. When it comes to selecting the best software for trading binary options online, you may consider a few options. In general, Binary Options Hub would recommend you checking its Software Review Section, this way you can get a good overview of the choices available to you. Trading software in this industry is still not so developed compared to the FX industry, still there are better and worse choices. If you are a beginner and are looking for a solid platform straight away, it is recommended to check SpotOption Platform Review and then to pick up one of the brokers offering this platform.

Binary Brokers Reviews of Options Scams

There are many scams in this industry, hence we would recommend you to contact us before opening an account with a broker not listed on Binary Options Hub in Binary Brokers Reviews.

What You Need To Know About Binary Options Outside the U.S

What Do You Need To Know About Binary Options Outside the U.S?

Binary options let traders profit from price fluctuations in multiple global markets, but it’s important to understand the risks and rewards of these controversial and often-misunderstood financial instruments. Binary options bear little resemblance to traditional options, featuring different payouts, fees, and risks, as well as a unique liquidity structure and investment process.

Binary options traded outside the U.S. are also structured differently than those available on U.S. exchanges. They offer a viable alternative when speculating or hedging but only if the trader fully understands the two potential and opposing outcomes.

The Financial Industry Regulatory Authority (FINRA) summed up regulator skepticism about these exotic instruments, advising investors “to be particularly wary of non-U.S. companies that offer binary options trading platforms. These include trading applications with names that often imply an easy path to riches.” 

Key Takeaways

  • Binary options have a clear expiration date, time, and strike price.
  • Traders profit from price fluctuations in multiple global markets using binary options, though those traded outside the U.S. are structured differently than those available on U.S. exchanges.
  • Non-U.S. binary options typically have a fixed payout and risk, and are offered by individual brokers rather than directly on an exchange.
  • While typical high-low binary options are the most common type of binary option, international brokers typically offer several other types of binaries as well.

Binary options outside the U.S. are an alternative for speculating or hedging but come with advantages and disadvantages. The positives include a known risk and reward, no commissions, innumerable strike prices, and expiry dates. Negatives include non-ownership of the traded asset, little regulatory oversight, and a winning payout that is usually less than the loss on losing trades.

Understanding Binary Options Outside the U.S

What Are Binary Options?

Binary options are deceptively simple to understand, making them a popular choice for low-skilled traders. The most commonly traded instrument is a high-low or fixed-return option that provides access to stocks, indices, commodities, and foreign exchange.

These options have a clearly stated expiration date, time, and strike price. If a trader wagers correctly on the market’s direction and price at the time of expiration, they are paid a fixed return regardless of how much the instrument has moved since the transaction, while an incorrect wager loses the original investment.

The binary options trader buys a call when bullish on a stock, index, commodity, or currency pair, or a put on those instruments when bearish. For a call to make money, the market must trade above the strike price at the expiration time. For a put to make money, the market must trade below the strike price at the expiration time.

The broker discloses the strike price, expiration date, payout, and risk when the trade is first established. For most high-low binary options traded outside the U.S., the strike price is the current price or rate of the underlying financial product. Therefore, the trader is wagering whether the price on the expiration date will be higher or lower than the current price.

Binary Options Outside the US

Foreign Versus U.S. Binary Options

Non-U.S. binary options typically have a fixed payout and risk and are offered by individual brokers rather than directly on an exchange. These brokers profit from the difference between what they pay out on winning trades and what they collect on losing trades. While there are exceptions, these instruments are supposed to be held until expiration in an “all-or-nothing” payout structure.

Foreign brokers are not legally allowed to solicit U.S. residents unless registered with a U.S. regulatory body such as the Securities and Exchange Commission (SEC) or Commodities Futures Trading Commission (CFTC).

The Chicago Board Options Exchange (CBOE) began listing binary options for U.S. residents in 2008.   The SEC regulates the CBOE, which offers investors increased protection compared to over-the-counter markets. Chicago-based Nadex also runs a binary options exchange for U.S. residents, subject to oversight by the CFTC.

These options can be traded at any time, with the rate fluctuating between one and 100, based on the current probability of the position finishing in or out of the money. There is full transparency at all times and the trader can take the profit or loss they see on their screen prior to expiration.

They can also enter as the rate fluctuates, taking advantage of varying risk-to-reward scenarios, or hold until expiration and close the position with the maximum gain or loss documented at the time of entry. Each trade requires a willing buyer and seller because U.S. binary options trade through an exchange, which makes money through a fee that matches counter-parties.

High-Low Binary Option Example

Your analysis indicates the Standard & Poor’s 500 index will rally for the rest of the trading day and you to buy an index call option. It’s currently trading at 1,800 so you’re wagering the index’s price at expiration will be above that number. Since binary options are available for many time frames—from minutes to months away—you choose an expiration time or date that supports your analysis.

You choose an option that expires in 30 minutes, paying out 70% plus your original stake if the S&P 500 is above 1,800 at that time or you lose the entire stake if the S&P 500 is below 1,800. Minimum and maximum investments vary from broker to broker.

Say you invest $100 in the call that expires in 30 minutes. The S&P 500 price at expiration determines whether you make or lose money. The price at expiration may be the last quoted price, or the (bid + ask)/2. Each binary options broker outlines their own expiration price rules.

In this case, assume the last quote on the S&P 500 before expiration was 1,802. Therefore, you make a $70 profit (or 70% of $100) and maintain your original $100 investment. If the price finished below 1,800, you would lose your original $100 investment.

If the price expires exactly on the strike price, it is common for the trader to receive her/his money back with no profit or loss, although brokers may have different rules. The profit and/or original investment is automatically added to the trader’s account when the position is closed.

Other Types of Binary Options

The example above is for a typical high-low binary option—the most common type of binary option—outside the U.S. International brokers will typically offer several other types of binaries as well.

These include “one-touch” options, where the traded instrument needs to touch the strike price just once before expiration to make money. There is a target above and below the current price, so traders can pick which target they believe will be hit before the expiration date/time.

Meanwhile, a “range” binary option allows traders to select a price range the asset will trade within until expiration. A payout is received if price stays within the range, while the investment is lost if it exits the range.

As competition in the binary options space heats up, brokers are offering additional products that boast 50% to 500% payouts. While product structures and requirements may change, the risk and reward is always known at the trade’s outset, allowing the trader to potentially make more on a position than they lose. Of course, an option offering a 500% payout will be structured in such a way that the probability of winning the payout is very low.

Unlike their U.S. counterparts, some foreign brokers allow traders to exit positions before expiration, but most do not. Exiting a trade before expiration typically results in a lower payout (specified by broker) or small loss, but the trader won’t lose their entire investment.

The Upside and Downside

Risk and reward are known in advance, offering a major advantage. There are only two outcomes: win a fixed amount or lose a fixed amount, and there are generally no commissions or fees. They’re simple to use and there’s only one decision to make: Is the underlying asset going up or down?

In addition, there are also no liquidity concerns because the trader doesn’t own the underlying asset and brokers can offer innumerable strike prices and expiration times/dates, which is an attractive feature. The trader can also access multiple asset classes anytime a market is open somewhere in the world.

On the downside, the reward is always less than the risk when playing high-low binary options. As a result, the trader must be right a high percentage of the time to cover inevitable losses.

While payout and risk fluctuate from broker to broker and instrument to instrument, one thing remains constant: losing trades cost the trader more than they can make on winning trades. Other types of binary options may provide payouts where the reward is potentially greater than the risk but the percentage of winning trades will be lower.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

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