UltraTrade is a new binary options broker that is registered and licensed currently offering its services to the general public. This company provides access to multiple markets from a single account.
Traders can decide to trade stocks or stock indices if they prefer the stock markets. Those who like to trade commodities, such as gold or oil, can do that as well. In addition, trading multiple currency pairs is possible. What’s best is that the traders can trade all of these markets.
This creates new opportunities. Let’s say, the trader sees that the dollar is rising. In that scenario, he or she can choose from among several trades. One is a bullish bet on the dollar against the other currencies, which is done by selecting a Call option. The other way to trade is by a bearish bet (Put) on oil, or other commodities, because a rising dollar often depresses commodity prices. Also, a Put on an oil stock can be bought.
These are the possibilities traders get while trading with UltraTrade. But, that’s not all. Choosing the right time frame for a trade is crucial. Traders can make ultra-short bets (such as 60-seconds), or go for long-term trades.
The prices of assets don’t even need to end up above, or below, certain levels. With One Touch options, as long as a price of an asset touches a certain price level, the payout on a bet is made.
Traders can also choose Ladder Options as these often offer the best payouts- at times exceeding 100%.
When you become a client of UltraTrade, you’ll get access to a modern trading system that’s advanced, but also easy to learn how to use. There are additional services such as binary options signals, daily marker reviews, and 1-on-1 trading sessions.
UltraTrade offers three major account types. If you’re a beginner with not much capital, Silver Account is for you as it requires only $350 to open, and still gets full customer support.
For traders with bigger capital, either Gold or Platinum Accounts are available. The good thing about these accounts is that those traders who bring larger capital can expect to get more out of this broker.
To encourage new traders to join, UltraTrade offers a variety of bonuses and incentives to join- this is not so common with financial institutions. So, if you’re looking to trade binary options, or are not happy with your current broker, this is an opportune time to join.