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Opteck no longer offer binary options. For a list of alternative brokers, and full comparison reviews, visit our brokers page. The Opteck platform contains plenty of educational tools and materials, trading can be done live directly from the charts and traders can trade in the following binary options assets:. Opteck is one of the most recently formed binary options brokerages in the industry. Opteck was founded in and makes use of the popular MarketPulse platform for trading.
Opteck is one of the very few binary options brokerages in the industry that takes pride in their professionalism. Although Opteck is not being regulated by any financial regulatory body, there is no reason to believe that Opteck is a scam. Not to mention that many of the review sites they may find are nothing but obviously biased affiliate marketing websites promoting their favored broker.
While there is nothing wrong with affiliate marketing and in fact many such sites are filled with legitimate reviews and resources, after reading numerous highly biased websites, they may become disillusioned with the binary options broking industry as a whole. That is why that in addition to review sites such as this one, the best and safest option for customers to avoid scam brokers is to select a broker that is regulated by a proper regulatory body as that would not only be a legal sign of legitimacy, but would open up a broker to legal liability in the case of fraudulent practices.
The second European jurisdiction to enact such a move was the Malta Financial Services Authority; however, it has not gained much traction in comparison to CySec. So is Opteck a regulated broker? Good news, because the answer is yes! Opteck is indeed a regulated broker, as it is owned by Centralspot Trading Ltd, which acquired the company in and is a licensed Cyprus Investment Firm under CySec.
So is Opteck a scam? Based on the simple fact that not only is it CySec regulated but also being one of the more established brokers in the market established in , we can confidently say that the probability of Opteck being a scam broker is extremely low.
Any such fraudulent activities are sure to be severely punished by CySec, which is trying to improve its own reputation as regulatory agency by being stricter on investment firms under its jurisdiction. Demo accounts, which are basically mock trading accounts that allow a trader to make real trades without putting actual money on the line, is one of the best ways for a beginning or aspiring trader to learn the real in-and-outs of binary options trading or simply to gain more trading experience.
The bad news is that based on our numerous broker reviews, it seems that only a minority of brokers offer demo accounts to its customers. The good news? Opteck is one of those minority brokers. We view this as a slight negative in our overall assessment of Opteck as such beginner traders are the ones who are most likely to benefit from having a demo account in the first place.
There are 6 total account tiers and each one has its own minimum deposit amount as well as its associated benefits. We summarize them below:. Perfect for the busy trader that is always on the move. One of the ways that binary options brokers use to attract customers is via bonuses. As everybody knows, there is no such thing as a free lunch, and blind acceptance of such bonuses without proper consideration can often become a trap for traders.
This is because bonuses typically come with a minimum trading volume requirement for withdrawal, and until that trading volume is met, a trader will not be able to withdraw any funds from an account that has been credited with a bonus without paying stiff penalties to the broker. Minimum trading volumes for bonus -credited accounts are typically expressed as a multiplier of the total account balance of customer deposits plus any credited bonuses with the multiplier usually ranging from 20 — 60x.
Jack blindly accepts this bonus and begins trading however he soon finds that he is unsuccessful, and wishes to stop pursuing binary options trading. Jack is in for an unpleasant surprise. Even though he has already begun trading, his trades are nowhere near sufficient to meet that volume. His funds are now locked in and he has no choice but to continue trading and potentially lose even more money or pay severe penalties to withdraw said funds if it is even allowed.
With reputation of being a reliable forex broker since , this brokerage claims to make an effort to continuously work on providing traders worldwide the best trading instruments for forex trading journey. Opteck is a part of Centralspot Trading Ltd.
Opteck tries to provide safe trading environment for traders to deposit and withdraw funds without difficulties. Opteck pays attention to offer great support to traders worldwide. While reviewing Opteck, we were surprised of exquisite Opteck Academy, where traders can use a variety of education materials. Since Opteck is allegedly run by team of professionals, their goal is to offer traders to get the most from forex trading by using the best tips and tools while trading with different assets.
In case of any queries, traders can contact Opteck on email and live chat to get a fast response. Deposit and withdrawal process is simple and there is no scam activities involved. This is why Opteck strongly states it believes that simplicity, good learning opportunities and professional service are important pillars of guiding their clients.
In order to enhance the knowledge of their clients, Opteck formulated a support framework for traders, consisting of a set of effective tools and features they consider crucial for trading success. The framework consists, as they say, of a demo account offer, a series of educational tools, a cross-platform cloud based trading software, versatile design catering all experience levels and a professional, effective and attentive customer support team.
Demo account is very often an under-reported and under-rated feature when it comes to brokers. In fact, the demo account is an excellent first pillar for the success of the Opteck support framework since it enables traders to. Using the demo account is really simple — although registration and a deposit are necessary. Deposit is requested to ensure traders are serious about trading forex with Opteck. After the demo period is over, the account is switched to the real account and clients can now start trading with more confidence.
Along with taking some time to get a grips on some market basics such as technical and fundamental analysis, demo account helps to support clients on their path to master the markets. This deposit amount is standard one in forex industry. Traders who register and deposit with Opteck, get access to their own proprietary trading platform and are eligible for welcome bonus. With Opteck, traders should know that this broker fulfills PCS safety standards and all communication between traders and Opteck is secured by SSL technology that encrypts data.
It is possible to deposit through several deposit methods with Opteck. Traders can choose among 6 Opteck account types to deposit and start forex trading process. Since Steve Jobs and Apple revolutionized the mobile industry, the innovation continued to spread all around the world, and not just in mobile but also in all other industries.
The app economy has become a multibillion deal that has made life easier for more than a billion people using a smartphone today. Finance industry was no exceptions. Banks have used the app to make their services more accessible to their depositors and customers, while forex industry has also seized this opportunity and now all the major platform developers have an iOS and Android app so traders can trade on the go.
This is truly a step forward for everyone who spends a lot of time trading forex. With mobile applications traders can place trades in forex as if they were on their computers. Opteck mobile trading applications are not just some scaled versions of the web interface but a full blown software pieces that have their own interface and usability.
It is pretty clear that it has to be so. As Opteck has its own proprietary forex trading platform, they have also developed their own apps. Because Opteck needs to follow guidelines of the platform when designing the Opteck Mobile app interface, every user will find it easy to navigate the application.
Benefits of forex mobile trading are endless. The wireless revolution is showing its best face here as there is no need to trade from home anymore. Traders can use the Opteck mobile app wherever they are if there is internet access.
Since modern smartphones have not only 3G connection, but also the wlan chip so they can also use hotspots. Not only can traders trade on the go, the fact that Opteck mobile is available on smartphones, means there are no market opportunities out there that will get unnoticed. They just take their mobile phones, fire up the app, choose the asset and expiry time and they place trade.
The Opteck bonus that offered is used as incentive to for traders new to the business to join and begin to make money using tradingforex. The ability to acquire this bonus and meet the requirements is open to anyone and is an equal opportunity for all. Opteck bonuses are tailored for those who are just starting out in the trading business. The main reason behind this is their transparent policy and their excellent educational and support services that provide sound advice to all the traders.
In addition to these, they provide several different e-wallets to ensure security in all financial transactions. Go to Opteck. This broker is not recommended. This broker is either not regulated or generates a large number of complaints. Alternatively, these are our Top 3 brokers based on Ratings: Brokers are filtered based on your location Russia. Reload this page with location filtering off.