Does UK Options Offer a Demo Account?
UK Options claims to give the possibility of making high profits on the binary options market. However since this broker is new, many traders are asking if making a deposit with UK Options carries any financial risk or not?
Our team did research on UK Options. What we found is that they do not rate highly in Google Trends and there is almost no information available about them. So we give you as an alternative the Top Binary Brokers and their full and detailed reviews.
We at BestBinaryOptionBrokerz recommend you to Proceed to an Approved Broker with Demo Account OR choose from the Top Regulated Brokers below:
Top Brokers with Demo Account:
UK Options Review
UK Options, which was founded in 2013, is a Binary Options broker claiming to give an advanced and untroubled trading platform. It is operated by a branch of Smartech Ltd., which is known as Worldwide Tech Ltd, situated in London. UK Options gives a choice of stocks, commodities with gold and silver, indices and currencies to trade but not as other brokers.
UK Options stands for direct approach to binary options trading. This broker provides simple trading platform and a client policy that treats all customers at the same level. One of the features of UK Options is that it concentrates on trading and education. The trading platform is built with invisible lineup of financial products to select from.
It offers the general call and put binary options, and in addition gives clients a chance to trade with more polished tools to obtain higher payouts. These involve the One Touch option, whose payout can go beyond 500%, and the ladder option, which payouts are claimed to be as high as 1500%. This is just too good to be believed that is true. However on their website there is no real proof and guarantee that the system works that way.
As all these claims are of UK Options itself, we cannot be sure whether this broker is reliable or not?
Is UK Options a Scam?
This an apprehensible question, thinking about the fact that various binary options platforms present today turn out to be scams. After a careful inspection, we have found many users claiming UK Options to be scam. We are not sure whether these claims are real or not, but there are various other options available than UK Options.
UK Options Trading
UK Options is being one of the primary brokers to provide ladder trading, as well as the second to provide forex trading incorporated in a binary options platform. Opening a trading account with UK Options is fast. Clients can register on the homepage with an email id and password of their selection, then fund their accounts with the deposit of $250. UK Options provides many account types, based on the amount deposited in the account, so clients can get a number of benefits. Once if a minimum deposit is made into the account, traders can instantly start opening positions on the assets and option types of their selection.
UK Options Regulation
Is UK Options Regulated or licensed? No, this binary options broker is not regulated neither have any license. It is normal to find out even if UK Options is regulated or not. But, as a matter of fact, it is suggested to raise questions in regard to the trustworthiness of any binary options platform that you might want to use because of the increasing risk of scams.
UK Options Complaints
As trading in binary options does not need any prior experience or differentiated knowledge, selecting a trustworthy broker is a key to success. A lot of people get afraid on being involved in unclear trades due to scam brokers. UK Options, operating in the binary options field, claims to provide its clients with one of the best trading environment. But, on complete research, we have found many user complaints regarding this broker. They have complaints about its reliability and many other issues. Thus, we can advise you to be cautious while using UK Options or you can search many better options than it.
After our research we concluded that UK Options does not provide a demo account.
The lack of practice account and risk free trading makes this broker unsuitable for traders who want to learn how to trade without losing their investment.
I am David Raines, a Binary Options trader with years of experience in online trading. I write reviews of Binary Options Brokers, Auto Trading Software and Signals Providers.