Opteck Binary Options Broker Reviewed
With one of the best proprietary “in-house” trading platforms in the market, constant weekly and monthly promotions and Award-Winning customer support service, Opteck is one broker you should never take your eyes away from. Suitable for both beginner and advanced traders alike, if you never traded with them yet, hold on tight and read our review about one broker that says he is ready to take over the industry in 2015! See for yourself why this broker has gained tremendous positive reputation since they started operating back in 2011.
Some Insides for Opteck Broker History and Company Information
Opteck is a broker that is based in Seychelles, where its main headquarters, offices and customer support department are situated. Opteck is a very reputable and respected broker that has been in business for the past 4 years. The broker is currently owned and registered under “Central Spot Trading” with the Cyprus Securities and Exchange Commission (CySEC).
This governing body is in-charge to provide high-qualitative control and unbiased observation of the financial activities of the company and take all necessary safety measures in regards to the operation of the website. Known amongst traders as a highly reputable and trustworthy broker, Opteck offers both novice and experienced traders alike one of the best and most secured trading services within the binary options industry.
Opteck Customer Support and Services Good or Not?
The customer support department at Opteck exists in order to assist clients with their inquiries about their trading accounts, online platform functionality, deposit and withdrawal assistance, etc. and is available around the clock. We actually found them to be very helpful and fully responsive when we contacted them throughout our trading sessions when we tested their full demo account features.
They can be reached through a toll-free phone, e-mail or live chat. Their website is available in 9 different languages, including phone support in 15 different countries. Please be advised that Opteck is not accepting traders based in the USA. However, they do accept traders from most other countries, including Canada and Australia.
Opteck Broker Binary Options Types on Offer
You will be able to place any type of Binary Options trade you are looking for, whether it is a short time period trade, a standard time period trade, or a long time period trade. Please have a look at the following list of available trading features to understand the differences between Opteck’s trading platform offerings:
- Quick Options– Enables the trader to complete a trade from start to finish in 30 seconds. Other time increments that are available in this feature include 60 seconds, 5 minutes, 10 minutes, 30 minutes and 60 minutes. Mainly suitable for traders who are looking to get instant returns on their investments.
- High/Low Options– Also known as “Vanilla Options”, this type of options allows the trader to place a standard “Call” or “Put” position within the market on a selected underlying asset with no distinct features. This is considered as the most popular option type amongst binary option traders.
- Range Options– Similar to its predecessor (One Touch), Range is a type of binary option where instead of foreseeing a certain price by the trader, he gets to select a price range. In the event that the binary option enters that range during the time frame of the option, the investment would be profitable. However, he must accurately predict whether a price of a specific asset will indeed expire in or out of the predetermined range.
- One Touch Options– This type of option is one of the best ways to make the highest possible return on investment-Up to 100% on a single trade. All the trader has to do is determine whether a price of an underlying asset will reach a specific and predetermined level prior to its expiration time or not.
Opteck Broker Features – Exclusive Offers
The vast asset selection with Opteck broker includes more than 100 underlying assets. Amongst them, you can find currencies, commodities, stocks and indices. As mentioned earlier, Opteck is not accepting traders based in the USA. If you are from every other country, feel free to open a trading account on this website.
There are also multiple account types to choose from: Green Account (very basic offerings), with a minimum deposit of $250, Bronze Account (suitable for starters with absolutely no experience), with a minimum deposit of $500, Silver Account (highly recommended for beginner traders, offers added benefits), with a minimum deposit of $1,000.
Opteck also offers advanced trading accounts, such as Gold Account, Platinum Account and Black Account, with minimum deposits ranging from $5,000 to $25,000. These last 3 accounts are more suitable for experienced traders who are looking to get maximum account benefits and maximize their payout ratio per trade. The average payout ratio on the Opteck platform ranges between 65%-85%. Acceptable payment methods include bank wire transfers, credit cards (such as VISA, Master Card, American Express, JCB and Diners), Western Union, Moneybookers & CashU.
Opteck Software Type and Information
Opteck platform features a proprietary “in-house” trading technology developed by TraderSoft. This state-of-the-art web-based platform incorporates the most advanced features and technological innovations made solely for the purpose of transforming Opteck into a market leader.
There is no need to download or install any third party software for the proper operation of the platfrom. The website also includes access to a mobile version app. which includes the same exact platform in a suitable mobile UI format.
Opteck Bonus System and Types
Opteck broker has some very attractive and interactive bonuses to offer to the majority of its clients. Some of them include the following:
- Welcome Bonuses– Are granted to anyone who makes a deposit and opens a trading account. Usually, the higher your investment is, the bigger your bonus will be. Bonuses can range anywhere from 25%-100%.
- Demo Account– This unique feature is one of the most distinct advantages traders have when opening an account with opteck. Making a minimum deposit is all that’s required! You practically get unique access to a “Demo Account” that has no limits. That’s a brilliant method for traders to be able to open trades in real-time, practice their trading strategies and test how the different features work on this revolutionary trading platform without the need to risk anything.