Opteck Review

Opteck

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Overview

Reading Time: 2 minutes

This company is one of the largest in the binary option sector with over 100 employees and almost 11 totally independent foreign departments, with offices worldwide and a trading website that is translated into more than 9 languages (soon-to-be 11).

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Details

Broker Opteck
Website URL http://www.opteck.com/
Founded 2011
Headquarters Seychelles
Support Number US 1-877-331-1990 | Int 357-77-788316
Support Types Address, Email, Telephone, Chat
Languages EN, AR, FR, IT, RU, PL, TK, DE
Trading Platform Opteck
Minimum 1st Deposit $250.00
Minimum Account Size $250.00
Minimum Trade Amount $25.00
Maximum Trade Amount $10,000.00
Bonus Up to 100%
Payout Up to 100%
Free Demo Account Yes
Account Types Green, Bronze, Silver, Gold, Platinum, black
Deposit Methods CC, Wire, Moneybookers, Webmoney, Western Union, CashU
Withdrawal Methods CC, Wire, Moneybookers, Webmoney, Western Union, CashU
Trading Methods Quick options, High/low, Range high/low, One touch
Number of Assets Over 70
Expiry Times 0.5 se, 60 sec, 5 min, 10 min, 30 min, 60 min
Types of Assets Stocks, Currencies, Commodities, Indicies
Option Types Quick options, High/low, Range high/low, One touch
Trading Currency USD, EUR, GBP, JPY
Account Currency USD, EUR, GBP, JPY
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 85/100

Pros

  • Becoming regulated
  • Licenced
  • Very large education centre

Cons

  • Smal variety of assets available to trade

Full Review

Reading Time: 2 minutes

Introduction

Created in 2011, Opteck is a brokerage firm dependent on Bnet online Ltd, a company based in London, UK. This company is one of the largest in the binary option sector with over 100 employees and almost 11 totally independent foreign departments, with offices worldwide and a trading website that is translated into more than 9 languages (soon-to-be 11). They are currently in the process of being regulated, in that, they follow all regulation rules.

Trading Platform and features

Opteck is part of the few brokers with its own trading platform, powered by “Marketspulse”- a new brand of validity. Main features appreciate the opportunity to observe the market graphics that are updated on the second. Thus, we can see the progression of any asset move forward second by second.

You can also test this platform on your own because Opteck is part of the brokers that offer a demo account to its clients, which is something that not all binary brokers offer. You can also download the Opteck iPhone application or the Opteck Android application to be able to trade the 70 underlying available assets from anywhere in order to take advantage of trading maximum opportunities at any moment. The website is entirely compatible with Smartphone.

Trading Accounts and Payouts

There really is a wide variety of accounts to start with various deposit amounts, education and training offers with each level of account selected. The silver account is the recommended start account with a minimum deposit of $1000.00 which offers a wide variety of services namely; Intro session with a personal account manager, between 10-20 trading signals provided daily, 45% welcome bonus, demo account, daily market reviews, webinars, Opteck eBook and free access to twenty two educational videos. To add to its seriousness and credibility, Depending on the types of trade, Opteck offers their clients a payout of as much as 85% to 100% if the option expired in the money. For unsuccessful trades, traders will still get a refund of up to 15% of the invested amount. Opteck also offers an Islamic account.

Banking Options

To start your live trading, funds must first be deposited into your trading account, an easy and secure process that only takes a few minutes. For your convenience, you can select from one of the available deposit methods – Credit Card, Wire transfer, Skrill, Webmoney, Western Union or CashU.

Withdrawals are fast and accurate and money is received the same way the trader deposits via one of the methods above. The minimum withdrawal amount is $50. Traders who are member of their Platinum, Black and VIP accounts are granted their first withdrawal free of charge.

All withdrawals are subjected to a service fee of 3.5%. In the event that this percentage (3.5) equals an amount of $30 or below, the trader will then be charged with a $30 withdrawal fee.

Support

Financial advisors on Opteck are available to you for free by telephone, email or online chat in more than 10 different languages (English, Arabic, French, Italian, Russian, Polish, Turkish and German). The live chat allows you to quickly communicate with your advisors; the relevance of their analyses and English customer service department are available 24 h and 7d by email, online chat or telephone and will offer you all the keys to earn money via Opteck. The availability of the demo account makes practice easy and accessible, Opteck does offer more training and educational material as you grow as a trader and progress to the next account level.

Why Trade With Opteck?

While Opteck could certainly have a larger asset list this is not too much of a setback as most successful traders would focus on very specific assets in which they can become experts. All the major assets are listed. The simplicity of the trading platform makes it ideal for novices to get their feet wet without being overwhelmed by too many choices. A single hour each day is all you need to become a successful trader. Binary trading was designed specifically for people with a busy schedule who do not have the time each day to invest in becoming successful traders. Even without financial experience, the average trader does not need more than an hour each day in order to see a return on their investment.

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Jason B Kruger

Professional Trader at WhyOptions
Jason B. Kruger is a Professional Trader & Chief Editor for WhyOptions.com, who is considered ‘The Authority’ on Binary Options Trading Strategies, Reviewing Brokers,Providers and their Products.
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