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Opteck Review

Opteck.com, domiciled in Belize, was introduced in 2011 by a team of professionals. Since its founding, it has become one of the leading binary option brokers in the industry. Its main focus is its clients and it has gone out of its way to make its platform as user friendly and intuitive as possible. Trading can be done in all 4 major asset categories – currencies, commodities, stocks and indices. But Opteck takes it one step further. It invites the trader to add other assets at their own initiative.

Opteck - Homepage

Opteck – Homepage

Accounts

There are seven different accounts to choose from at Opteck and they are all neatly presented on the site. The Green account is a beginner’s account. It requires a minimum deposit of $250 and offers a 25% welcome bonus. $500 is required for the Bronze account which offers a 35% welcome bonus as well as an introduction session with a Junior Account Manager and the ability to set up the account as a demo account funded with $5000.

The Silver account, which is designated by the broker as the account with the best value, requires a minimum deposit of $1000. It provides a 45% welcome bonus, an introduction session with a Senior Account Manager and $10,000 towards a demo account.

Next comes the Gold account with a minimum deposit requirement of $5,000 and a welcome bonus of 65%. This account also includes an introduction and strategy session with a Senior Account Manager, +1% extra payout and 20 to 30 trading signals per day. A $10,000 deposit will open the Platinum account which has an 85% welcome bonus, +1% extra payout, 30 to 40 trading signals daily and $25,000 towards a demo account.

The Black account is the premium account at Opteck with a startup amount of $25,000, a welcome bonus of 100%, +2% extra payout and 40 to 50 trading signals per day.

All the accounts are entitled to a free eBook, live Chat and phone support, alerts, webinars and more.

Platforms

Opteck uses a secured web-based trading platform which can be accessed on any PC, laptop, smart phone and tablet device.

There are 4 different trading instruments for Opteck users to choose from:

The High/Low option is the basic and most popular trading type. One Touch involves more risk trading but pays well if the prediction is correct. The range option is complex and is used mostly by professional binary option traders and the Quick Options is an option that expires in 60 seconds. The platform’s advanced technology protects users form unwelcomed viruses and also guards the privacy of traders’ personal information and their communication with the company.

Features

Opteck.com has one of the most straightforward websites I have encountered. All the information a trader needs is accessible with a click on a tab.

Opteck posts daily market news analysis right on the landing page and anyone interested in looking back at past news can do so. At the Academy, traders can find a host of different lessons, seminars and videos as well as some interesting and relevant articles on a number of different subjects.

Customer support is available in Chat and call back.

I was very pleased to find a search button on the site as I had to looking for information on promotions or other bonuses. Besides the welcome bonus which varies with the different accounts, Opteck does not offer any other bonuses or promotions.

Conclusion

All in all, I really enjoyed reviewing this broker as the information was clear and very accessible and I had the feeling that the broker really went out of its way to make trading with Opteck a pleasurable experience.

AdvantagesDisadvantages
Large choice of different accountsNo regulation
Straight forward website
Demo account
Risk Disclaimer: Online-Binary.com will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of Online-Binary.com or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade binary options or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.