Opteck.com is a proprietary binary options trading platform that is solely owned and operated by the broker. Opteck was established back in 2011 and since then, has been able to gain itself a reputable recognition of being one of the most respectable and trustworthy brokers in the industry. While the holding company is based in Seychelles, Opteck’s corporate headquarters is located in Cyprus. We will now take a closer look at some of the main features Opteck has to offer.
Opteck offers a wide selection of financial assets that users can trade on. These currently include 33 pairs of currencies, 8 commodities, 33 stocks, and 23 indices. These include some of the following:
|British Petroleum PLC
|Dow Jones Industrial Average
|Deutsche Bank AG
|XU100-Borsa Istanbul Stock Exchange National 100 Index
|TA-25 (Tel-Aviv 25 Index)
|Ibovespa Brasil Sao Paolo Stock Exchange Index
|FTSE 100 Index
|IBEX 35 Index
|Merval Argentina Index
|Cisco Systems Inc.
|Mexican Stock Exchange IPC Index
|New Zealand Exchange Ltd. NZX All Index
|Russell 1000 Index
|FTSE MIB Index
|American Express Company
|Tokyo Stock Exchange Price Index (TOPIX)
|Anglo American PLC
|S&P/TSX Composite Index
|NYSE Composite Index
|BNP Paribas SA
|Bank of America Corp.
|Deutsche Telekom AG
Opteck offers 4 main types of trading instruments that we would briefly like to cover:
- 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.
- It is also worth mentioning that Opteck also offers advanced trading instruments, such as “Social trading” and “Order execution type”.
The payouts at Opteck vary from 65%-100% and depend on the type of trade you have selected. In general, if you decided to make a minimum investment of $25, and your investment ends up “in-the-money”, you will be getting $46 back. In the event that your prediction ended up “out-of-the-money”, you will only gain $4 out of your total traded amount.
Deposit and Withdrawal Methods
Managing your funds with your Opteck account is a very easy and simple practice, especially because this broker accepts a wide-variety of both deposit and withdrawal methods:
Apart from accepting most of the major credit cards, Opteck offers traders additional deposit methods, such as Visa Debit, Visa Electron, WebMoney, CashU, Maestro/Diners, JCB, Bankwire & Moneybookers. This makes Opteck one of the most “comfortable” binary option brokers for both beginner and advanced traders.
Opteck.com allows traders to withdrawal money through the same method they have used to make their initial deposit. It normally takes anywhere between 3-5 business days for the withdrawal process to be cleared.
The customer support department at Opteck is available around the clock. They can be reached through a toll-free phone number, e-mail or live chat. Their website is available in 9 different languages, including phone support in 15 different countries. Since Opteck takes pride in this professional treatment, the department was able to win multiple awards for providing a top-notch service.
Jeremy Wong, M, 39, Malaysia:
“I feel so lucky I was able to discover Opteck 2 years ago. I have been trying to find a good binary options broker since the end of 2012, exactly when I finished my studies in finance from the University of Science Malaysia (USM).
During my studies, I started reading a lot about the binary options field and always looked for a broker who can teach me everything I need to know prior to start experiencing real live trading. That’s more or less when I had my first encounter with Opteck.
I saw an online advertisement saying that they have a free demo account, and I said to myself: “This is definitely worth a shot”, so I filled out my information and registered with them. This was by far one of the best decisions I have made since I have graduated.
Opteck has one of the most comprehensive online educational centers available in the market. They offer live trading webinars, online video tutorials, beginners and advanced introductory sessions and much more. But what I liked the most about this broker was the trading platform, especially the “Quick Options” feature.
I had the opportunity to practice different trading strategies with their fully-featured demo account before I was confident enough to start trading with my own funds. Believe it or not, I have been trading for more than 2 years now and thanks to Opteck, I was able to make over $120,000!!! That’s right, I am not joking. Try for yourself and experience success just like I did.”
We are highly satisfied with Opteck. Even though this broker has been in business for the last 4 years or so, it has been able to establish a name for itself as one of most reputable and trustworthy brokers out there. This broker offers useful information about daily and weekly market events, different chart types, wide-range of tradable assets, and numerous trading instruments to choose from, not to mention one of the best online educational centers in the industry.
Many binary options brokers don’t really care about the customer. They simply want to get you in to the platform and don’t care about you anymore. That’s not the case with Opteck. This broker makes absolutely sure to train you and guide you all the way through the different stages of the trading experience, from the account opening process, through the “Demo Account” practice stage and within the live trading experience on the proprietary platform. This broker not just says that you are the foundation of its business, it really means it.
For these reasons, we are happy to give our sincere recommendation to Opteck. Whenever you are ready to start investing money with a binary broker that really cares about you, we highly recommend Opteck!