Opteck Review

Overview

Opteck was founded in 2011 by a group of financial experts who wanted to change the perception people have about online trading. For that purpose, they were one of the first brokers who’ve created a patented web-based trading platform as a tool for traders to utilize on their site. As years went by, Opteck gained world-renowned reputation for being transparent, honest and reputable towards its clients.

This broker is known to operate under CySEC regulation in Cyprus and has a few offices across Europe. On the first of November 2016, Opteck launched a brand-new site accompanied by a state-of-the-art Binaries and CFDs trading platform. Thanks to this change, asset selection has skyrocketed to more than 1,000 and a new mobile site has been launched.

Opteck offers a free $50.000 Demo Account. Click here for more details

Opteck

Binaries & CFDs Trading Platform

Opteck’s launch of their revolutionary trading platform resembles a milestone in the company’s most recent achievements. It is available in 9 different languages and includes exciting new features, such as one-click trade execution, updated economic calendar, price alerts, advanced reports and much more. Besides determining if an underlying financial asset would be going “UP” or “DOWN”, traders can now also Buy and Sell with CFDs using a leverage of up to 200.

The trading platform operates on all mobile devices without any exception and is fully functional on all screen resolutions. This is meant to fully accommodate the needs and expectations of today’s growing number of mobile users worldwide. As previously mentioned, there are more than 1,000 underlying financial assets you can choose to trade on and the graphical design is simply spot-on and very user-friendly.

Opteck

Reliability

Opteck has proven over the past few years that it is an extremely reliable broker offering online trading services to any beginner, advanced or professional trader out there who is interested in trading Binaries and/or CFDs. This broker is officially authorized, approved and regulated to operate by the Cyprus Securities and Exchange Commission (CySEC) under license #238/14.

Deposits & Withdrawals

Opteck accepts a wide-array of money transfer methods, such as credit/debit cards, bank wire transfer, Skrill (Moneybookers), Neteller, Sofort, and many more. Deposit bonuses can reach up to 100% and are subjected to specific terms & conditions.

Specials

Opteck offers quite accurate trading signals and also insightful basic training for beginners as well as expert traders. The broker takes pride for the largest number of monthly webinars, covering everything from strategy walkthroughs to live trading with our market experts. Option expiry times can stretch up to 24 hours out, and on the one-touch options offer significantly high payouts. Their SELL option is a very useful feature for a variety of trading strategies. Apart from their educational center, they also offer fundamental and technical analysis on the markets, which is quite useful, especially to beginners.

Our Verdict

Generally, Opteck has many revolutionary features aimed at beginner traders who are likely to get involved in binary option trading and remain loyal to this broker thereafter. Their most impressive feature is their educational and trading signals material. The single most important reason to join Opteck is their analysts. They can really help you improve your trading skills.

On the downside, their minimum trading size at $25 might not seem appealing to beginners, but think again, weigh the cost of a losing trade against a winning trade you can perform time and again, a winning trade that you will learn from their live webinars, or from comparing their weekly market analysis against your opinion. It is really worth learning from their experience.

The minimum amount required to Join Opteck is only $250. Even if you blow your account as a newbie you will lose $250. The immediate reward is access to their materials, education, and live webinars, which realistically you cannot gain access to for $250. Most quality seminars and trading signals services cost much more. Single day seminars alone can cost upwards of $600 to attend, but they are still worth it. Here you can have it all, simply by opening a $200 account. Hence they require a minimum trade of $25 so as to reflect the educated trades their clients can make.

Making trades using their market analysis, trading signals, and reading training materials, will help you so much more, that you will be able to find at least one profitable trade in the markets, and that alone can help you start with $250 or more and achieve profitable trading.

We strongly believe in education. Even if you keep making 99% of your trades with another broker or feel your other broker is better, you can still use Opteck's ultra low commission structure for day trading. You still use their 24 hour expiry options with high payouts, but above all you will get $1000s worth of training material at no cost. And this goes to prove one more time that binary option brokers really want their clients to win! Even newer brokers such as Opteck are hedged against your profitability and perfectly happy when you win big. They want to educate a big number of new clients so as to have them stay with them for a long time in the future as profitable clients.

Having learned a lot from seminars and educational resources myself, I can assure you that a single high quality seminar is equivalent to taking 100 trades in the market. You will gain so much insight in just one hour or two, that would take you over 100 trades and long frustrating hours in the market to learn the hard way. Trades are still difficult to identify and implement, even after being trained, but eventually you will learn how to develop your own proprietary trading techniques. Will it make you millions? Probably not, but training will take five years off your learning curve and will still generate consistent profits.

Visit Opteck Official Website

Opteck

Visit Opteck Official website

    Headquarters: Cyprus

    Year Founded: 2011

    Regulated: CySEC

    Accepts US traders: NO

    Platform: TraderSoft

    Minimum Deposit: $250

    Minimum Trade: $25

    Maximum Trade: $10.000

    Deposit Bonus: up to 100%

    Demo account: YES