Opteck is credited for being among the first binary option brokers and ones that have stayed true to their spirit of offering customers exceptional services. It is owned by the UK based BNET ONLINE Ltd and was founded in 2011. Opteck is authorized and licensed by Cyprus Securities and Exchange Commission (CySEC) and International Financial Services Commission (IFSC). This broker came into being as a result of various professionals from the software development and financial sectors coming together with the sole aim of creating a binary options trading platform that would take into account the interests of both the new and experienced traders.
If you’re trading from your PC, all you need to do is going to Opteck’s website because its platform is 100% web-based.
In addition, Opteck gives its clients a mobile trading app from Google play and Apple App store.
Opteck review – the trading platform
Opteck’s platform interface is pretty easy to use. You will not need to download anything for you to trade. But it is important to put it clear that if you are looking forward to trading using your smartphone, you will need to download Opteck’s App.
The app will allow you to trade in almost 60 underlying assets directly from the charts and symbol listing below the chart, something which is a big plus for any trader.
Opteck review – types of trades
There are two types of trades at Opteck, namely:
- High/low trades
In this trade, you, as a trader, will have the liberty to decide whether the expiration value will be below or above the current value of the asset.
- One touch trades
This is where the trader predicts if the expiration time will reach the line and be above it or be below the line but at the same time, he is unsure of its status for the period before the expiry time.
Opteck review – payouts
Opteck’s payouts are dependent on the type of trade that you engage in. However, the range for all of them is between 85% and 100% in the event that the option expires within the money. In case of unsuccessful trades, you will get 15% refund of the amount you had invested.
Opteck review – asset list
- Indices: NASDAQ, DAX 30, Dow Jones and CAC 40.
- STOCKS: Volkswagen, Alcatel Lucent, Vodafone, Banca Generali, TOTAL, Carrefour, Telecom Italia Ord, Coca Cola, HSBC, DELL, Google, Deutsche Bank, Fiat, eBay And Face book.
- Commodities: gold, corn, silver, coffee and crude oil
- Forex: EUR/CHF, EUR/GBP, EUR/USD, GBP/USD, USD/CAD and USD/JPY
Opteck review – client service
Opteck’s website is designed in such a way that it can be viewed in major languages which include English, Russian, Arabic, Turkish, French, polish, Japanese and Italian.
On the other hand, there are 3 ways through which you can reach the Opteck’s support team. That is, through the phone, live chat and email. Their email is email@example.com, their phone number for those within the UK is 0800.170.0209 while international clients should use +44(0)844.484.2545.
Clients can fund their trading accounts through the following payment methods:
- Webmoney e-wallet
- Credit cards
- Debit cards
- Wire transfer.
These are the same methods that you will in your withdrawals.
- Exclusive welcome bonuses of up to 100%
- Distinguished binary options trading analysts
- Best trading accounts
- Accurate and frequent trading academy
- You get high returns of between 85% and 100%
- The trading assets are quite limited compared to what is provided by other brokers
Opteck offers its customers good trading experience. This broker is also known for giving a large education section, an important aspect in binary options trading. The platform is favorable for both novice and experienced traders and, therefore, Opteck is certainly a broker worth working with.