Selecting a Down option means you earn a profit when the price of the asset at the time of expiry is lower than the price it was purchased at. For Example: you bought an Apple (AAPL) stock at the price of 633.74 at 3:00 PM and chose the Down option. In order for you to profit, the price at 4:00 PM would have to be lower than 633.74. If that happens – you have made a profit.
What are assets?
Assets can be a stock, commodity, currency, index which is the base of the contract. For example: the Dow Jones can act as the asset for an option contract.
What is an Up (high) option?
High options earn you a profit if the conditions are opposite of the Down(low) option. If you bought Apple (AAPL) stock at the price of 633.74 at 3:00 PM and chose the Up option, for you to profit, the price at 4:00 PM would have to be higher than 633.74. If that happens – you have made a profit.
What does out-of-the-money mean?
Out-of-the-money means that the trade you selected has closed in a position that has not earned you a profit.
What does in-the-money mean?
In-the-money means that the trade you selected has closed in a position that has earned you a profit.
Can I change the site’s language?
Yes, currently the website is valid in multiple languages, which can be changed by clicking on the suitable button at the top of the page.
Do I have to install anything on my computer to trade?
All of Ultratrae’s platforms are web based and installation is not needed to trade. FIX ENGLISH
At-the-money means that the asset you purchased closed at the exact price you paid for it. If that happens the full amount of the purchase will be refunded to your account.
What does expiry time mean?
Expiry time is the exact time during which an option closes and the result of it is determined.
What is an expiry date?
Expiry date is the exact date during which an option closes and the result of it is determined.
What time zone is UltraTrade located in?
UltraTrade operates entirely under GMT time.
What is the minimal amount that I can deposit?
The minimum amount for deposit is $350 USD/EUR/JPY/GBP. The currency is determined according to your platform currency and according to your payment method.
What is the minimum amount for a single trade?
The minimum amount is different in each platform. For example, the lowest possible amount for a 60 Seconds trade is $5.
Which currencies can I use to fund my account?
Our website supports the following currencies: USD,EUR,GBP,CAD and JPY.
I was asked for a swift code, what is that?
SWIFT codes are unique identifiers that are used when transferring money between various banks. Every bank has its own SWIFT code. Wires transfers cannot be processed without the correct SWIFT code. You should contact your bank and enquire about its SWIFT code prior to making a deposit or withdrawal request by wire transfer.
What kinds of assets are available to trade?
The assets that are available to trade cover wide variety of Currency Pairs, Stocks, Indices and Commodities.
How do I register to UltraTrade?
You can complete registration by heading to our new account page. All you need to do is fill in a few details: First & Last name with phone number and e-mail as contact information.
Is depositing money a part of the registration process?
Absolutely not, you can deposit at any time you decide.
What is the payout range on UltraTrade?
UltraTrade’s payouts can reach up to 85% of your initial investment, whenever your option closes in-the-money.
Are payouts taxable?
UltraTrade does not tax any payout. However, laws in your country may vary. See our general terms for more details.
How can I withdraw my profits?
For further information regarding UltraTrade withdrawal policy, please click here.
Do I have to withdraw a minimum amount?
You can withdraw any amount that doesn’t exceed your balance.
Can I cancel a withdrawal request?
A withdrawal can be cancelled at any time before receipt of a withdrawal approval email.
What are binary options?
Binary options are basically a contract which is based on an asset, where most particulars are fixed at the beginning of the contract. By trading a Binary Option, the trader is actually predicting the asset’s direction, and he will profit once the prediction is right.