|Opteck is CYSEC regulated binary options broker with a good reputation. You can trade all popular binary options trading types here.
|Promo: 3 Risk Free Trades||» Sign up now|
Opteck Binary Options Broker Review:
Opteck has been a part of the binary options industry since 2011. Since its inception, the broker has managed to accumulate a considerable number of traders. This broker deals with individuals in most countries, excluding only the United States from its long and varied list. There are several reasons that Opteck has become such a widespread phenomenon. This includes, but is not limited to, the low deposit minimums, considerable features, a good trading platform, and an admirable ethic. Certainly, Opteck has been able to garner a significant amount of attention.
|Location||Centralspot Trading Limited – Limassol, Cyprus|
|Minimum Deposit||$250 for all traders|
|Depositor Bonus||3 Risk Free Trades|
|Free Demo Account||Yes (you have to ask customer support)|
Let’s take a look at some of the contributing factors:
Opteck Accounts, Features, and Bonuses
Opteck has a large range of accounts to choose from, definitely more than most. This broker gives traders the opportunity to select from six varying accounts. It begins at the most basic package with the Green account and proceeding all the way up to the Black account.
The Green account requires a deposit that ranges from $250 to $499. For this amount, traders will be given a 25 percent welcome bonus and daily market reviews sent by email. There is also customer support that is available by Live Chat or phone. This is accompanied by various learning features such as instructional videos and an eBook.
The slightly higher account is the Bronze one. Here, traders are expected to deposit between $500 and $999 to have access to the benefits. The welcome bonus is larger at 35 percent. In addition to the ones offered in the Green package, you will also be provided with a few extras. For instance, you will be given $5000 to use with your demo account as well as an introductory meeting with a Junior Account Manager.
Next in line is the Silver account. According to Opteck, this account affords the best value for money. The minimum deposit for this package is between $1000 and $4,999. You will have use of the features in the Bronze account with the exception of the welcome bonus, which is at 45 percent. There are other additional services including an introductory session with a Senior Account Manager. You will also be provided with up to 20 Trading Signals each day. You will be given access to one relevant webinar.
If you wish to register with the Gold account, you will need to deposit an amount starting at $5,000 and concluding at $9,999. This entitles you to a 65 percent welcome bonus. Some of the extra features that you will be privy to are a +1 percent payout and 30 Trading Signals. Furthermore, you will be provided with $15,000 to use in your demo account. With this higher account, your investment minimum per trade will also increase accordingly. You will need to have at least $50 per trade.
The next account is the Platinum one, which comes attached with a minimum deposit ranging from $10,000 to $24,999. This also increases your minimum investment per trade to $100. You will be eligible for an 85 percent welcome bonus. Some of the additional features you can expect are alerts to major market happenings and sessions with an Executive Account Manager and Senior Analysts. There will also be access to a private line as well as up to 40 Trading Signals. You will also be given $25,000 for your demo account.
The final account in the Opteck array is the Black account. In order to access this, you will have to deposit at least $25,000 to $50,000 in the account. While you will be getting a +2 percent payout, you will also have to invest at least $250 in each trade. This account does include a 100 percent welcome bonus, however. It also provides around 50 Trading Signals each day. You will also be able to schedule weekly sessions with a Senior Analyst. Furthermore, you will have $50,000 in virtual money at your disposal for your demo account.
Licensing and Security Features
Opteck is one of the few licensed binary options brokers on the market. They have been certified by the CySEC in Cyprus. This helps to boost the credibility of this broker as far as new traders are concerned.
Another notable feature of Opteck is their security features. As a client, you will be able to enjoy the 128 bit SSL encryption that the broker offers. There is also a risk management team in place to ward off any security threats.
Opteck Trading Platform Review
Unlike some of the other brokers, Opteck has chosen not to utilize a third party trading platform. Instead, the broker has constructed their own trading platform that traders can use. This platform is well designed and clearly outlines the activities that are taking place.
Traders can choose from commodities, indices, stocks, and currencies. They have the ability to place One Touch Options, High/Low Options, Quick Options, and Range Options. This is further improved by the fact that the trading platform is secured with RapidSSL.
Depositing and Withdrawing Funds with Opteck
There are several ways through which you can choose to deposit or withdraw funds into your Opteck accounts. You can do this with a debit card, credit card, bank transfer, or through an online payment option. The processing time for both deposits and withdrawals will be determined by the method that you choose.
If you are planning on withdrawing money, you will be expected to withdraw a minimum of $50. However, if you are withdrawing the money by means of a bank transfer, you will have to take out at least $100.
The minimum deposit on Opteck is $250. The minimum trade is $25.
In conclusion, Opteck can be considered one of the foremost binary options brokers. It is a certified broker that offers reliable services. Furthermore, it utilizes a superior trading platform that provides many trading options for its traders. Opteck has also consistently proven to be an outstanding and successful broker.
Opteck is one of the many great binary options brokers. Here are some of the Opteck best alternatives:
- 24Option (review here) is the #1 binary options broker for many reasons: great trading platoform, awesome welcome bonus and competent customer support.
- Highlow (review here) is the best ASIC regulated binary options broker with many assets to trade and only $50 minimum deposit.
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