Choosing a binary options trading platform sometime really becomes difficult for many inexperienced person. This is due to the fact that there are so many platforms available for making binary options trading that the novice traders are confused by seeing so much features offered by numerous platforms.

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Thus, it is advised that always remain very careful while selecting the binary options broker because there are certain brokers that actually offer a lot for their traders, on the other hand there are also a lot of incidents where people have lost their funds and investments with certain brokers.

It has been observed that, unfortunately, Ubinary is the broker whose name is associated with a lot of complaints. The complaints are not because of a single reason, but there have been complaints regarding the unsatisfactory customer services, Ubinary withdrawal issues and transaction failures.

Did You Know…

that 24Option won the prize for Most Satisfactory Clients Service at the last Annual Binary Options Awards in Las Vegas.

This article will help you in understanding the reasons behind not going into business with them.

Ubinary Overview

 The Ubinary trading platform has been operating in the binary options trading industry since the year 2012. They have been providing a list of more than 70 assets which are updated regularly and added. It has been claimed by the Ubinary trading platform that they are able to provide 95% of the total payout.

This feature has enabled them to gain advantage from a lot of contemporary binary options trading platforms. But the only factor that comes into play is that, the return is based on the type of account the trader avails.

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Ubinary Withdrawal Issues

It must be said in this context that when it comes to withdrawal the Ubinary withdrawal system is never the best of the binary options that one would like to opt for. While using any binary trading platform, the first factor that provides assurance to any trader is that they will be able to access their cash as and when desired.

But it has been depicted by a lot of traders that, the Ubinary withdrawal has been a real irritating platform regarding withdrawal. This is due to the fact that, the company rejects most of the withdrawal requests not only because it has been more than one transaction within one month but also the requirements of the bonus offers have not been cleared by the traders.

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Ubinary Withdrawal Complaints

The major complaint that has been done by most of the traders is that the document verification process of Ubinary withdrawal has been too long and unnecessary dragging the traders which made them really discouraged regarding this particular trading platform.

Also another factor that has come into light is that the Ubinary withdrawal process cannot be conducted, while the bonus requirements are not complete; then what is the benefit of these additional offers that are given to the traders.


If a trader is not allowed to withdraw the amount that has been deposited by him/her in case of emergency, then the company should not boast about the user friendly platforms being offered by them.

The complaints of the traders have not come to an end against the sloppy Ubinary withdrawal process only. There have been allegations regarding this trading platform, that a lot of traders have lost they deposited amount completely without any prior notice overnight.

This has brought questions against the security of the company and it is better to look out for other options in binary trading before investing into this trading platform. There have been incidents where customers have lost their entire deposited money and they have never been able to retrieve that amount even after several attempts to contact with Ubinary withdrawal customer service.

Conclusion: UBinary Withdrawal Policy is NOT Satisfactory

After making detailed research and trying out the withdrawal policy of UBinary, our team concluded that UBinary has a slow and complicated withdrawal process. Our research shows that there are other brokers with a much more satisfactory withdrawal policy. Currently the broker with the fastest withdrawal approvals is BinaryMate – 2 working days on average.