Instead of being lazy and sticking with the standard, off-the-shelf SpotOption white label layout, the people behind Unitedoptions have gone the extra mile to exceed expectations and become a better than average binary options broker. In addition to offering some very nice and helpful services, the customization and look of both Unitedoptions.com and their trading platform are completely unique and make traders feel like they are trading somewhere special.
Software and Features
As previously mentioned, the trading platform at Unitedoptions is powered by the famous SpotOption trading engine, which provides traders with the power they need while still being the most intuitive and easy to use platform out there. It’s a good thing that the platform is so easy, because unfortunately Unitedoptions.com doesn’t have a very big educational center; only a few videos and guides are offered to help new traders. For experienced traders, both daily and weekly market analyses are provided to help guide trading strategies. The Unitedoptions website itself is easy to navigate and attractive to look at, and is one of the better sites out there as far as design goes. Live chat is supported but not available 24/7 while the head office in New York can be reached by phone during New York business hours.
Option Types Offered
The relatively average amount of 60 underlying stocks, indices, commodities, and currencies were available for trade at the time of our Unitedoptions review. There are myriad different ways to trade these options, though, including normal call/put options, 60-second options, one-touch options, and pairs trading. The United Options platform also features a customizable Options Builder and a Pro Platform where traders can be monitored and adjusted straight from a real-time chart. Payouts are what you would expect, ranging from 75% to 85% while losing trades offered refunds of as much as 10%.
Account Types Offered
Opposed to many other brokers who don’t even bother with different account levels, Unitedoptions offers five different account levels based on how much you deposit. These accounts range from Mini, which is available to minimum depositors and has basic functions, all the way to VIP Platinum which offered an enormous Unitedoptions bonus as well as benefits like an individual account manager and a free signals service. Banking is SSL secured and possible through major credit cards, wire transfers, and selected e-wallets.
The fact that Unitedoptions offers more benefits to experienced traders along with their advanced and powerful trading platform makes them one of the best places for experienced brokers to hand their hat. While new traders might be a bit hamstrung, the current pluses of Unitedoptions.com indicate that they will continue to improve into the future, and any trader would be wise to give them a try.