Cypus, a tax heaven of Europe has witnessed so many births of binary options brokers, but no one could be younger than Ultra Market. Performing trades on the platform powered by SpotOption, one of the first comers in brokerage business, Ultra Market provides quite a lot of flexible features for its clients.
UltraMarkets Review: Trading Platform
The same as SpotOption, Ultra Market utilizes strengths of 100% web-based platform to build up its own trading environment. No downloading, no fees but still friendly and accessible, Ultra Market gives out opportunities to earning benefits on Equity Market, Forex Market, Commodities Market and the Indices Market. Staying at home and simply following 3 basic steps, making money has never been so easy.
UltraMarkets Review: Types of Trades
4 offered of instruments is enough to run your trading strategies properly.
UltraMarkets Review: Underlying Assets Availability
As mentioned, there are 4 ranges of assets: Equity Market, Forex Market, Commodities Market and the Indices Market.
- Commodities: Coffee, Gold, Light Sweet Crude Oil, Platinum, Silver, Sugar
- Currency: AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, USD/BRL, USD/CAD, USD/EGP, USD/JPY, USD/RUB, USD/SGD, USD/TRY, USD/ZAR
- Indices: BOMBAY SE, CAC (FRANCE), DAX (GERMANY), DUBAI FINANCIAL MRKT GENERAL INDEX, EGX 30 (EGYPT), FTSE 100 (UK), ISE 30 (ISTANBUL STOCK EXCHANGE), KL FUTURE, KUWAIT (KUWAIT GENERAL INDEX), MICEX 10 (MOSCOW INTERBANK EXCHANGE), MSM 30 (OMAN), NASDAQ FUTURE (US), NIKKEI225 (JPN), QATAR (DSM20), RTS (RUSSIAN TRADING SYTEM), S&P 500 (US), S&P FUTURE (US), SSE180 (SHANGHAI STOCK EXCHANGE), STRAITS TIMES,TADAWUL (SAUDI STOCK EXCHANGE),
- Stocks: Apple (Us), BAE Systems (London), BP (British Petroleum),Citi (Us), Coca Cola (Us), Gazprom (Russia), Google (Us), Hang Seng (Hong Kong), HSBC Holdings (London), Lukoil (Russia), Microsoft (Us), Nike (Us),
UltraMarkets Review: Banking Options
Below are the list of banking options that will definitely comforts even the grumpiest traders:
- Credit Cards
The following Credit/ Debit cards are supported by UltraMarkets: Delta, Diners, Maestro UK (Switch), Maestro, MasterCard, Solo, Visa Electron, Visa
- Wire Transfer
With Wire Transfer, clients of UltraMarkets can send funds directly to UltraMarkets from their bank accounts without the need for a payment service provider.
Transferring funds through Western Union is another supported method of depositing money with UltraMarkets. This method eliminates the need of having a bank account to facilitate the transfer of funds.
UltraMarkets Review: Customer Support
Ultra Market supporting service always stays in touch with customers via:
- Email through the contact form on the website
- Livechat on the website
- Phone (+0044-20-3150-0489)
A brief of Ultra Market’s strengths are:
- A 24/7 available team supports offers solutions of all technical problems as well as financial ones
- Extremely user friendly trading platform interface that facilitate ease of trading binary options
- Plentiful instruments to trade various assets
- Daily/weekly data charts, market reviews and analyst’s recommendations for regular customers are all existent.
- Safety of funds ensured with segregated account system
- Have “Refer a Friend” bonus scheme that pays $50 per recommendation.
- UltraMarkets is very new to the market and as such lack an operational history. As for now, it is hard to judge how they will perform in the long term.
- Lack of basic information such as management staff, regulations, etc.
UltraMarkets Review: Conclusion
It’s impossible to ignore the existence of Ultra Market as well as its achievements. Despite the fact that they have participated in the market for such short period, Ultra Market still is a respectable at least on technical aspect. In order to avoid unfortunate incidents, one should consider investing a small account in Ultra Market to familiarize with the platform before investing a larger scale over the long term.