Best Options Broker 2020!
Great Choice For Beginners!
Free Trading Education!
Free Demo Account 1000$!
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Only For Experienced Traders!
Opteck Review – Is opteck.com a good binary options broker or a scam?
Opteck has ceased offering binary options in 2020 and has concentrated on CFDs trading services.
|Minimum deposit||Min./Maxbet size||Payout %||Bonus||Regulation|
|$250||$25/$10 000||Up to 83%||Welcome 20% – 80%||CySEC|
Opteck is a Cypriot Binary options broker, offering trading in wide range of financial assets on its proprietary platform.
This is one of the brokers, clearly placing a focus on training. Opteck has posted a number of video courses on its website, as well as a free e-Book, and Glossary.
Clients of Opteck may choose from several account types, depending on how much money they are willing to invest upon sign-up: Basic, Bronze, Silver, Gold & Platinum.
Min. initial deposit
In addition, the brokerage also provides Islamic account, intended specifically for Muslim traders.
The Company. Security of Funds
Opteck is a CFD and binary options broker, offering online trading in currency pairs, indices, commodities, and stocks. Opteck is a trading name of Centralspot Trading (Cyprus) Ltd. authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) since 2020.
The Cypriot financial watchdog applies a set of rules and requirements to license holders in order to provide a certain level of security in forex and binaries trading.
Like UK-based brokerages, regulated companies in Cyprus must hold a minimum of €730 000 in order to prove their good financial standing. Moreover, all licensed brokers are members of the Investor Compensation Fund, which may cover tour investment loss to a maximum of 20,000 EUR per person in the event that the broker becomes insolvent. Such compensation schemes serve as an additional guarantee to clients’ funds.
Furthermore, as CySEC is part of the European MiFID regulations, and the companies regulated by the Cypriot financial watchdog are free to operate in all EU Member States.
Trading Options: Quick options, High/Low, Range and One Touch
Assets: Currencies, Stocks, Indices, Commodities
Expiration times: ranging from 60 seconds to 1 month
Best Options Broker 2020!
Great Choice For Beginners!
Free Trading Education!
Free Demo Account 1000$!
Get Your Sign-Up Bonus Now!
Only For Experienced Traders!
This broker does not offer Long-term options, nor Pairs & Ladder for trade. Copy trading services are also unavailable with Opteck.
Minimum Initial Deposit
The minimum initial deposit for clients of Opteck is $250, which is average. For example, OptionRally, another CySEC-licensed broker, the same amount from traders to open an account.
Min/Max bet size
The minimum bet size with this broker is on the upper end of average, amounting to $25. In comparison, with OptionRally,one can place a trade with just $5. Such low minimum bet sizes provide better risk management.
Depending on the Trading Options and expiry times, payout percentage offered by Opteck varies. The profit range of High/low options on EUR/USD is between 64% – 83%, which is average for the binary market.
OptionRally, in comparison, offers higher payout amounts – from 70% to 90% – and also provides refund on losing trades of up to 15%.
Clients of Opteck are offered the broker’s proprietary platform, desktop and mobile versions available.
The platform is easy to use and is equipped with integrated charting package, economic calendar, fast one-click trading option and real-time price alerts.
Welcome bonus from 20% to 80% of the initial deposit is available to clients of Opteck, which
are redeemable, provided the required volume has been traded.
Methods of Payment
Opteck’ clients are provided with a variety of payment methods: Credit/Debit cards, Bank Wire and e-payment systems such as Skrill, Neteller, WebMoney, Yandex, Qiwi, AstroPay, MonetaRu, sporopay, Sofort, PlusPay, HalCash, and others.
Note that the minimum withdrawal amount is $50 ($100 for wire transfers) and withdrawals take between 3-5 business days.
Keep in mind that clients of Opteck are charged with some additional fees:
– – monthly maintenance fee of $7.50 (a monthly account charge encompassing all services and features available for traders);
– – profit clearance fee applies to successful trades or those sold for profit with binary trading.
The profit clearance fee is determined by the total profit of the successful binary trade:
– – $250 or less = $1.50
– – $1,001 – $2,500 = $4.00
– – $2,501 or more = $5.00
Opteck is a licensed binary options broker, offering a variety of assets on its in-house platform under reasonable conditions. However, we find that same advanced features are missing and there are additional fees. To sum up the above, here are the advantages and drawbacks in relation to this broker:
Competitive payout percentage
Lack of advanced trading options and features
Just 20% welcome bonus on Basic account
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.
Traders` reviews for Opteck
please pay me back my money
Since I activated my account and nothing is happening, no call just quiet what is going on people
I was scammed by Opteck.biz
Opteck son estafa
Buen dГa, revisando la pГЎgina me encontrГ© con este sitio, me asombrГ© al ver que tienen dentro de sus mejores broker a OPTECK, claro ya no hacen binarias pero les contarГ© mi experiencia con esta empresa que me llevo 20k, sin ningГєn remordimiento, esta empresa que trabajaba con una filial o subempresa, como quieran llamarle, y que trabajaba con su licencia de registro, de nombre VipOption, me imagino que habrГЎn oГdo de ella, que dejГі a muchas personas en la calle, el agente de cuentas intervino mi cuenta y en media hora realizГі 19 comercios y dejo mi cuenta en 0, nunca mГЎs VipOption respondiГі, y averiguando lleguГ© a los Sres. de Opteck, quienes reconocieron que esta seudo empresa trabajГі con ellos bajo su misma licencia, no obstante, como en todos los casos “No se hacГan responsables”, reclamГ© al regulador y nunca respondieron como tal, salvo una vez que una mujer me escribiГі un correo pidiendo mГЎs informaciГіn y de ahГ nunca mГЎs supe del “regulados”, lo cual me incita a pensar que son parte de este “juego” de fregar a las personas, total como nada pueden hacer, es mГЎs fГЎcil estafar.
Translated by Google:
Good day, reviewing the page I found this site, I was amazed to see that they have OPTECK within their best broker, of course they do not make binaries but I will tell you about my experience with this company that took me 20k, without any remorse, this company who worked with a subsidiary or sub-company, whatever they want to call him, and who worked with his registration license, named VipOption, I imagine that they heard about it, that left many people in the street, the account agent intervened my account and in half an hour he made 19 stores and left my account in 0, never again VipOption answered, and finding out I got to the Opteck Messrs, who recognized that this pseudo company worked with them under their same license, however, as in all cases “They were not responsible”, I complained to the regulator and never responded as such, except once a woman wrote me an email asking for more information and from there I never knew about the “regulated”, which incited me to think that they are part of this “game” of scouring people, total as nothing can do, it is easier to cheat.
I lost USD13000 with them. Firstly its hard to withdraw money. They will want you to open trades if you want to withdraw. They offer bonuses, but you will never get it or withdraw it. They will let you open many trades at once and will bring your money to almost zero. They do scams in a legal way. I wanted to withdraw $6000 which was left from USD13000. This lady said i can’t wiithdraw. The money was sitting there for few months. I tried again and this guy came and ask to me open trades and from $6000 to $300 . Money gone
Attention: starting from 1st March 2020 Opteck ceases its activity as brand.
Opteck was founded by the professional team of Centralspot Trading (Cyprus) Ltd in 2020, specializing in Forex and CFD and Crypto Currency. Thus, users can expect nothing less than a world-class experience that is provided with expert knowledge throughout the entire process.
Like many other brokers, Opteck offers a 100% web-based online platform, however Opteck prides itself on its ability to deliver extremely useful information in a variety of easy-to-understand methods, as well as making every single trade execution lightning-fast and fully responsive.
One of the key advantages that we can highlight in our Opteck review has to do with the convenient and valuable experience you receive from using its platforms’ unique tools and features. Opteck invests a lot of time and resources to provide the latest available technologies for trading more than 1,000 world-class assets from all 5 major markets: Forex, Stocks, Commodities, Indices and Crypto Currencies. Combined with large knowledge base, and online chat, Opteck provides everything for trader needs to place fast and successful trades.
Opteck Trading Activities
Please note that starting from March 2020, Opteck will be accepting new FX, CFDs and Crypto Currency traders ONLY from the following countries: HONG KONG, NEW ZEALAND, MALAYSIA, TRINIDAD AND TOBAGO, SOUTH AFRICA, SINGAPORE, SEYCHELLES, BERMUDA, JERSEY and REPUBLIC OF KOREA.
As for traders of other countries, the company is also licensed and regulated by the IFSC (International Financial Services Commission), providing the same activity in Forex, CFDs (contracts for differences) and Crypto Currencies in order to give its customers an equal opportunity to open trades in the financial market.In order to give its customers an opportunity to make more profits in the financial market.
Cyprus Securities and Exchange Commission
Opteck Forex and CFD Trading
For beginners traders, who are just having a look at Opteck platform, we can advice in our Opteck.com review to check out their series of broker’s educational tools that include a comprehensive asset index explaining about all their available markets, along with daily technical and fundamental analysis which enables viewing methods for the studying of directional movements in assets’ market prices. Other informational tools, with the help of which traders can get familiar with the Opteck Forex and CFD and Crypto Currencies platform, include: reversal strategies based on parabolic SAR data, momentum indicators, pattern assessment tools, etc.
Live news updates are also a key feature that we found useful using the platform, always keeping you up-to-date with what the market is up to.
For those, who are willing to learn about Forex and CFD essentials, Opteck offers an extensive base of e-books, covering basics, online video tutorial courses and a selection of interactive webinars about the best way for a new trader to start. There is also a given opportunity to speak with financial and trading experts, to get answers to common traders’ questions.
Also, in this Opteck review, we would like to mention Opteck Forex and CFD trading instruments::
To invest in the Forex and CFDs market, you first and foremost need to be rational in order not to lose all the capital you’ve earned. With that being said, Opteck Forex trading is considered one of the finest in the community. Aside from the minimum deposit which starts from 250$, Opteck Forex offers its client a great leverage up to 1:400 alongside fixed spreads. The EUR/USD spread is at 0.3 pips for traders to take advantage of the US dollar versus the EURO. Although Opteck Forex doesn’t provide scalping, hedging, it does provide the stop-loss/take profit feature, as well as one-click trading execution and Crypto Currency which is not widespread among other brokers. Additionally, it offers a wide range of the most popular currency pairs in the market.
The simplicity in Forex and CFD trading makes it great for anyone who can look at simple data and determine if the price of an asset goes up/down. Traders enjoy dealing with Opteck Forex and CFD trading. The company carefully shows detailed assets information, so both experienced and beginner traders alike are provided with the necessary tools.
Before making real trades, you are offered the Opteck demo account, which is very useful addition (especially for new traders). It is a great way to try your abilities and skills with it, as well as to get acquainted with the platform and to try different strategies. You don’t need to make a deposit and to spend real money with Opteck demo.
Opteck uses 128 bit SSL technology to encrypt all information that they store, and all communication running through their system. This makes Opteck’s transactions methods, such as deposits or withdraws safe and secure. Opteck enables methods for fast transactions accepting a wide range of currencies.
Opteck Forex and CFD Accounts
Counting out the Opteck demo, the broker has 6 different account types. Each next account type has better benefits than the previous one:
1. Basic: your investment should be anywhere from $250 to $999 (up to 1K). It is intended for those, who want to deposit a small amount of money or for those, who only start their experience with Opteck. You get: 25% bonus, live\chat support, free educational video tutorials and e-book on Forex and CFD trading.
2. Bronze: deposit is from $1,000 to $2,499 with a welcome bonus of 35% and $5 000 demo money. As well as in basic account, you get support and educational tutorials.
3. Silver: asides from benefits of the account types above, for the $2,500-$9,999 deposit you are given 45% bonus, $10,000 demo money, introduction session with a Senior Account Manager and 10-20 daily Forex and CFD signals from PIA.
4. Gold: requires $10,000 – $24,999 account funding to receive extra +1% payout, 20-30 Forex and CFD signals a day, 65% bonus, $15,000 demo, 2 webinars.
5. Platinum: deposit $25,000 – $49,999 for the privilege of Introduction & Strategy session with an Executive Account Manager, 85% bonus, 30 to 40 signals per day, $25,000 demo, +1% extra payout, Private sessions with Senior Analyst, Priority access line, $100 minimum trade amount, 3 webinars.
6. Black: fund $50,000 & up and get +2% extra payout, 40 to 50 daily signals, 100% welcome bonus, Weekly sessions with Senior Analysts, Minimum amount per trade – $250, 4 Illuminating Webinars.
In Opteck.com review, we can list several withdrawal methods that this broker supports: credit cards and webmoney, Western Union, bank wires and CashU. The process is very simple __ you need to log in into your account, click the “Withdrawal” button and to fill in all the necessary information about the desired sum, etc.
The minimum withdrawal amount is $50 (for wire transfers it is $100) and a charge fee is 3.5% (for VIP, Platinum/Black account owners the first withdrawal is free). The request time is about 3 or 4 business days.
In our Opteck review, we should also mention information about Opteck scam, because nowadays many people are faced with this types of issues. First of all, we have to remind you that this broker is regulated in Cyprus by CySEC and is under strict rules of MiFID (EU). And this is the first fact of Opteck legitimacy determination.
But what about traders feedbacks? We have found a lot of welcoming reviews from Opteck clients and users saying that they are fully satisfied with company’s professionalism and transparency. Opteck also offers many support services for clients including telephone support, online chat, and email. If you’re a new trader, Opteck provides you with an account manager who will help you with getting started on your first trades. Opteck also has numerous specialists with strong trading and financial backgrounds that can assist more experienced traders in studying Opteck Forex and CFD trading instruments, and can give expert advice for future trades.
Including the online material that is provided by Opteck, this support is exactly the type a trader looks for from a highly reliable broker. Thanks to all of the above, discussions about Opteck scam are pretty pointless.
Negative reviews and posts related to Opteck scam, which can be found on the web, are basically from unexperienced or disappointed users, who have lost their money from misunderstandings in their goals.
In conclusion of Opteck review, we can admit that this company impresses by its level of customers support services, so traders tend to trust and to deal with this Forex and CFD provider.
In order to get the insights of Opteck binary options broker, we have conducted a detailed review and have found many interesting facts about the broker. Opteck adopted a very simplistic approach towards trading binary options that ensures traders maximize profits. Here are some key features that make it distinctive in the industry.
Opteck Trading Platform
Opteck offers a wide array of assets to enable traders participate in the binary options market based on their unique preferences and styles of trading. We noticed that the broker’s 100% web-based Marketspulse platform offers more than 70 underlying assets for trading, comprising of commodities, indices, stocks, and currencies.
So, whatever is your preferred instrument of trading, you will find it at Opteck. You can choose to trade One-Touch Options, High/Low Options, On Demand Options, or Range Options, with expiry times ranging from 60 seconds to 120 seconds, daily, and even longer time frames.
In order to match the budget and trading style of every customer, Opteck offers six types of accounts:
Our review of Opteck also revealed that the broker offers a free demo account to new customers. With this important feature, you can familiarize yourself with the ins and outs of trading binary options before investing real money.
Furthermore, the broker also offers a separate Islamic account to cater for the interests of its Muslim traders. The account opening process is quite simple and can be carried out in few minutes. As soon as the account is opened, you can commence trading. The minimum investment per trade is $25 while the maximum investment can be as high as $5,000, or more.
The maximum payouts can be as high as 85% with rebates of up to 15%. However, the rebates are only available on selected items of trading.
Opteck also offers the innovative One-Touch Options that can yield payouts of up to 100%. Besides, other exciting promotions and bonuses are available that will always keep you very much interested and motivated.
Deposit & Withdrawals
Opteck is one place where deposits and withdrawals can be really quick and smooth.
For this purpose, our review of the broker revealed that it provides an extensive range of secure payment methods on its website, including the major credit/debit cards, bank wire transfer, Webmoney, Skrill (Moneybookers), Western Union, Neteller, and CashU.
Each type of payment method can be conveniently utilized once the initial authentication process is completed.
The broker requires a minimum deposit of $250 for new accounts. And, the deposit bonus range from 50% to 100%.
A unique and distinguished trait of Opteck is its extensive and trader-focused educational programs, comprising of webinars, e-books, technical tools, fundamental analysis resources, video tutorials, and many more.
Furthermore, the broker also provides a detailed instruction guide to assist users know how to operate its proprietary trading platform.
Experienced professionals with sound knowledge on binary options trading facilitate the education programs.
What’s more, every client is assigned a dedicated account manager to assist him or her develop a successful career in binary options trading.
A company called Centralspot Trading Ltd owns Opteck. The company is headquartered in Limassol, Cyprus.
Opteck is regulated with Cyprus Securities Exchange Commission (CySEC) under license number 238/14.
This implies that the broker is committed to high standards of reliability, security, business ethics, as well as other stringent requirements of the international laws. Therefore, you are guaranteed of secure trading because Opteck is not a scam broker. However, our Opteck broker review established that it lacks sufficient certifications to allow U.S. traders.
Customer Support & Service
For any brokerage service to excel, it is extremely pertinent to have the backing of a friendly and efficient customer support department.
This is exactly the case with Opteck. The broker provides fast and effective customer service with the main aim of completely addressing the queries of all types of customers. You can contact Opteck’s customer support department through live online chat, email, fax, or phone 24/7.
Importantly, Opteck provides customer service in different languages, including English, Arabic, Dutch, French, Italian, Russian, Polish, Turkish and German. So, if you are having some issues and need assistance, you can be sure to get the feedback in your native language, making you understand the solution well.
If you are looking for a binary options broker that puts the needs of traders first, then Opteck is the right place where you will see professional brokerage at its peak.
Range of Services
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Please choose wisely when going into trading and investing 80% of Brokers and Account Managers operates illegally stealing fund from traders . I deposited $80,000 for investment capital hoping I will get my profit as promised by them , each time I placed a withdrawal request it always end unsuccessfully. I tried all efforts to reach out to their customer support but they keep saying I should deposit more fund before I can withdraw my money ,which I did , I deposited another $20,000 still I couldn’t withdraw my money ,at this stage I became worried and frustrated having no ideal of what to do to get back my money . God so kind I came across a broadcast talking about how one Mr Derrick Glenn is helping those who lost their money to fake brokers and Account manager to get their money back. Immediately I contacted Mr Derrick with the email provided for consultation,after getting my emails he asked me to provide some vital information about the Broker and Account manager which I did without delay . Am sharing this to those who find it difficult to withdraw their money or lost their fund to fake binary option , Forex Bitcoin (e.t.c) company to know how Mr Derrick helped me to get all my money back from this fake broker and Account manager,this is one of the greatest miracle I have seen all my life . Am giving out his email for those who want to recover any money lost to Any Broker or Account manager , all you need is to send a mail to his email below, tell him about your experience he will ask you some questions give him the right answer and believe your money will be back without delay . Here is Mr Derrick Glenn email [email protected] com
Please always be careful when choosing where to invest and trade, i was scammed over $350,000 after they convinced me to invest with them hoping to get my profit back. After depositing my first $300,000 waiting to receive my profit after 7 days I waited for over 3 weeks no profit was sent to me , I contacted their customer support team they requested I deposit another $50,000 before they can processed my withdrawal request. I deposited the $50,000 making it total $350,000 and I waited to receive my payment still no profit was sent, i contacted their customer support again this time none of my messages or calls were answered. At this point I became frustrated because I lost all the money in my savings ,in search for help on how I can get access to my fund I was directed to contact some agencies who will help me recover my money back, I never believe because I don’t want to loose more again but I was forced to contact Mr Derrick Glenn a binary , bitcoin , forex recovery expert. I contacted him with the email they directed to me after getting my mails he asked me to forward some details to prove am not an impostors, I verified my identity and he asked me to provide all the details concerning my trade, i did exactly all he asked me to do , to God be the glory within 4-5 days I was able to accessed my fund again , the total money lost was recovered successfully. I will advise all scammed victims like me to kindly contact Mr Derrick Glenn with the email below for help, he will assist you with all information needed to get back your fund successfully, reach him via his email [email protected] com
Please be very careful when choosing where to trade and invest your money , 85% of Brokers and account managers are scammers. I was a victim of their activities they will allowed you to deposit but when you make a withdrawal request they denied you access to withdraw. Thank God I was able to get back all I lost to this broker and their account manager through the help of Mr Derrick Glenn who help me recover my lost fund back to me. Their charges fee is very low and I was permitted to pay for my fund recovery charges after I successfully get back my money. Please if you’re finding it hard to withdraw your fund or lost access to your account and you’re loosing your capital kindly contact Mr Derrick Glenn he will help you recover all your lost fund back. You can reach him via his email address [email protected] com
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