Binary options broker Opteck was registered in the UK in 2011. Over quite a short period of time the company joined the leaders of not only UK but also global binary options market.
The broker is headquartered in London.
Broad range of options types and underlying assets makes the company attractive for both novice and advanced level traders. There are private traders, powerful international investment funds and insurance companies among the broker’s customers, whose number already exceeds 300 000.
Deposits and Withdrawals
Customers of the company can use various financial instruments for depositing and withdrawing funds:
- Bank transfer;
- MasterCard and Visa credit cards;
- WebMoney, PayPal, Skrill and Liberty Reserve online payment systems.
Bank transfers are made within 2-3 banking days. For owners of accounts with UK banks the procedure will take no more than one banking day.
Credit card and online payments are made within one day.
The broker pays much attention to the safety of money transactions.
Reliability and Certification
The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC, license No.238/14). Registered in the UK, it operates under the UK financial law, which is considered one of the most strictly regulated.
Apart from high regulation level, Opteck pays lots of attention to technical aspects of its customer assets safety as well as security of transactions.
To keep financial operations confidential, the company uses the Secure Sockets Layer (SSL) cryptographic protocol. Besides, the broker’s services are guaranteed by the USA’s Comodo CA Ltd.
To keep customer deposits safe, Opteck uses segregated accounts opened with the largest banks. Such accounts allow to hold customer funds separate from the broker funds.
Perfect business reputation and close cooperation with the world’s leading liquidity providers ensure high level of the broker’s liquidity.
Bonuses and Promotions
Opteck is offering two types of bonuses to its registered customers:
- Pending Bonus;
- Live Bonus.
Pending bonus is added to the customer’s actual account balance after certain amount of trades have been carried out. The number of transactions sufficient for getting the bonus is different for different trading accounts types.
Live bonus is actually a welcome bonus and is added to the trader’s actual account balance for the initial deposit. The bonus is a percentage of the deposit value and may reach 100%.
In both cases, bonus money cannot be withdrawn from the trading account as it is intended for trading unless a specific trading volume is met.
Bonus program terms and conditions are available on the company’s official website.
Trading Accounts and Options Types
Opteck is offering a standard set of options to its clients:
- Turbo Options (expiry time from 30 seconds to 5 minutes);
- One Touch.
Underlying assets include over 30 currency pairs, stocks of 30 large companies, 20 indices and 8 commodities.
Opteck customers can register a separate live trading account for each trading instrument.
Minimum deposit for all account types is $250 USD.
Accounts are absolutely identical. The only significant difference is maximum profit:
- Turbo Options – 64%;
- High/Low – 85%;
- Boundary – 100%;
- One Touch – 100%.
Accounts can be opened in the following currencies:
- US Dollar;
- British Pound.
Trading Platforms Types
Opteck clients are trading on a unique platform developed by the company professionals. This is a web based trading platform with wide functionality and convenient interface.
The platform is powered by SpotOption. It is multilingual and supports the following languages:
The platform is available not only for registered customers but also for guests that can evaluate its functional capabilities without registration.
Customer support center of the broker is working 24/7. Support services are available through the following channels:
- Multiline phone with Call Back;
- Live chat.
Customers can communicate with the support team in any language supported by the trading platform.
Pros of Trading with Opteck
The main advantages of Opteck are strong regulation and high liquidity.
Opteck has no apparent disadvantages, only rather high minimum deposit and no essential difference between accounts types (except for deposit size) can be regarded as such.
Bobby BO: Great broker. It’s very easy and pleasant to work with. Obligations are fulfilled accurately and in time. I like the platform very much. It feels that the platform was created by people and for people.
Vadim: I highly recommend the broker. I’ve been working with the company for almost three years and have no complaint. Everything is done accurately and in due time. Powerful information analysis portal. Wide choice of options and underlying assets will suit any trader irrespective of its qualification and deposit size.
One can briefly describe Opteck as a solid trading platform catering to the needs of any customer.
Probably the broker “won’t set the Thames on fire”, but all it does, it does excellently.