Ukash Binary Options Brokers

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Ukash Binary Options Brokers

Below is a list of recommend binary options brokers that allow deposits by Ukash:

Ukash is a UK based e-money payment services provider that allows users of the system to exchange their money for a pin number. The system of payment mode is very similar to that used by the European e-money payment services provider paysafecard. With the pin number, users of Ukash can use the pin number for making payment online, load eWallets or debit cards and to transfer money. Because the system relies on a pin number to transfer funds, there is no need for bank account or credit card details to be divulged online. This gives users of Ukash an added form of security against identity theft.

When a customer purchases e-money from Ukash, they are given a 19 digit pin number which will represent the amount of prepaid e-money they possess. Customers can then use the pin number to make payment or transfer funds at any of the 420,000 participating outlets spread across more than 55 countries. As mentioned earlier, Ukash can also be used to fund other eWallets system such as Skrill moneybookers, Neteller and PayPal.

Because of the relative anonymity which Ukash offers, Ukash pin numbers are highly demanded by fraudsters and scammers. This had lead to the Ukash issuing an advisory to its customers in 2020 to remind them to keep their Ukash pin number safe like cash as each numbers is unique. To further boost their safeguards, Ukash’s merchants are now required by the Financial Conduct Authority (FCA) to implement the “Know Your Customer” (KYC) protocol before accepting Ukash as payment. Customers are also advised only to deal with the list of genuine participating merchants listed on Ukash official website. Furthermore tips as to how to avoid scams and ransom-ware with Ukash can be obtained on Ukash’s supported website “Avoidonlinescams.net”.

Despite some of the negative publicity surrounding Ukash due to scams and ransom-ware, it cannot be denied that Ukash is gaining popularity among users of online payment system. In fact Ukash won a Queen’s Awards for Enterprise for three consecutive years since 2020. The award recognizes UK based companies which had substantial growth and success in their overseas earnings. Furthermore Ukash is ranked by The Sunday Times Tech Track 100 as one of the top performing companies in its list. Because of Ukash growing acceptance as a major method of online payments, major binary brokers continue to support Ukash as one of the preferred methods of depositing funds. Below is a list of leading binary brokers that continue to include Ukash as an alternative for transferring money to the traders’ trading account:

Binary Options with Ukash

Based on prepaid system, Ukash is well-known brand in the area of e-commerce. Thanks to this platform you can easily purchase services and goods or even pay your bills online, without having to go local offices to do so.

So far, there are more than 400 000 retailers which accept payments via Ukash. This means that in case you are looking for online payment method, This one should meet most of your requirements. Everyone can join the online prepaid system of Ukash because it is entirely free – just visit their official site and sign up. The whole procedure of account funding is really easy and you will not have any problems dealing with it.

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Every time you make money transfer, the system will give you unique code of 19 digits – make sure you don’t give it to anyone! The cash in the system, as you know, are electronic, and can be spent everywhere you want. The only thing you need to be sure of, is whether the site you want to purchase from, accepts payments from Ukash. However, you should not have problems with this simply because most of the biggest sites all over the world are accepting such payments.

Of course, the first thing you have to do is to make sure that you have typed the name of the site correctly, because there are many phishing sites that will try to fraud you and steal your electronic money. This is why, as it was mentioned above, you need to be careful and keep safe those 19 digit code.

Another thing you need to know here is that Ukash does not support person to person payments and thus, you will not be able to use such feature. The payment system has been specially designed mainly for online payment to retailers that accept Ukash payments. Due to this fact, most of the online frauds related to Ukash are from such kind – a person, representing himself as merchant, might ask you for your digits – in case this happens – don’t give the code at any stake.

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

UKash Binary Options Brokers

Ukash is a secure electronic money system with headquarter in London, United Kingdom. Ukash is regulated by the Financial Conduct Authority in UK. With Ukash, you use a secure 19 digit code to make online payment or reload your card. You can obtain the code from selected ATMs. The 19 digit code represent the prepaid money. If you want to purchase an item that cost less than the code, the merchant can return the exchange to you in the form of a new 19 digit codes. This makes Ukash just like using cash in offline transaction.

Binary Options Brokers That Accept UKASH

AnyOption: AnyOption is owned by an investment firm called Ouroboros Derivatives Trading in Cyprus. AnyOptionw as founded in 2009. They offer free demo account for traders who want to test their trading skills. The platform offer multilingual supports. The data on the expiry time frame and prices are sourced from Thomson Reuters. It offers a payout ratio of up to 80% and a refund ratio of 5% – 25%.

OptionsClick: OptionsClick is run by a CySEC regulated company called Lead Capital Markets, which is based in Cyprus. OptionsClick has been growing rapidly ever since its establishment in 2020.They have already receive several wards for the high quality trading services. OptionsClick has integrated economic calendar onto its platform. They offer a patio ratio of 89%. For Gold account holders, they can get up to 87% of returns for out of the money trades.

Markets World: Markets World is a licensed and regulated broker based on Isle of Man, Great Britain. They offer the lowest amount of minimum trade. They also offer one of the lowest minimum deposit requirement in the industry. Markets World allows US traders. Apart from offering Ukash, they also accept credit card. It takes lesser than 1 minute to fund your account with credit card. There are a few types of expiry time frame to choose from including 5 minutes, 10 minutes, 30 minutes and 24 hours. They offer a payout percentage of up to 92%.

Binary Options Brokers That Do Not Accept UKASH

EveryOption: EveryOption is a Russian based broker that operates under Rich Ventures Ltd. EveryOption offers a KeyStone platform that feature more than 100 assets. They offer options with various types of expiry time frames including daily, weekly, and monthly options. The platform allows you to double your trade or close your trade early.

Trade Rush: Trade Rush is a top binary options broker that have been improving their trading services every since their establishment in 2020. They provide traders with a SpotOption platform features tools that are even better compared to other brokers. Trade Rush offers a payout rate of between 65% – 85% and a refund rate of up to 15%. The platform offers various types of options including standard options, 60 seconds options, one touch and pair options. They offer 100% bonus for your initial deppsit.

24Option: 24Option offers many free financial tools. They provide lots of free ebooks that you can download to your computer. Besides, they also offer in depth video tutorials and weekly webinars. You can follow the trading patterns of the top traders. They provide the latest market news from third parties such as Yahoo! News.

Ukash Versus Credit Cards

Ukash is different than credit card because you are using your own money instead of borrowing from a credit card institution. With credit card, you will be charged fees if you are late in making payment. The only downside is that Ukash is not widely accepted by binary options brokers like credit cards. You will find that there are very few brokers that accept Ukash. To use Ukash, you have to enter a pin number. You can combine several pin number to increase your balance. For easier management, you can enter all your pin number in your online account.

Ukash Versus Bank Wire

Unlike bank wire, Ukash does not charge any fee when you make a payment online. It is more secure because you don’t have to share your sensitive information. It is also more convenient to pay with Ukash as you don’t have to go to the bank to fill in a form and queue up.

Ukash Alternatives

There are lots of complaints about Ukash. Many people complaint that they can’t use the funds they load into the card. They also complaint that Ukash is not as before after it was acquired by the Skrill group in 2020. If you want a more secure payment method, you can try other payment methods such as:

UKash Binary Options Brokers

In conclusion, UKash offers a cost effective method for traders who want to save money on the fees. It is important to keep the code to yourself and never give it away through email or telephone.

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

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