OpteckName:Opteck WebSite: opteck.com Established: 2011 Country: Cyprus Regulations: CySEC
Intuitive trading platform
Generous trading bonuses
Good customer support
Unresponsive email support
No US traders accepted
Optek is one of the oldest companies offering binary options deals to users across practically the entire world. This leading position in the market niche had been achieved by the broker thanks in part to many years of hard work, dedication and a solid reputation in the field of binary contracts. Let’s see what other advantages Opteck has and whether we find any disadvantages during this testing phase of the trading platform.Ease of Use
Our first close look at the official website of Opteck.com found a more or less very friendly interface although somewhat practical in nature rather than glamorous which gives one the impression of professionalism over stylistic factors. The home page contains only the essential elements and there is no intrusive advertising which, I think you will agree, will encourage a sigh of relief from many traders. The menu at the top of the site allows the user to quickly be in the section containing the information that they are interested in.
Newcomers to the trader’s area can assess the seriousness of what takes place and more importantly find the completely free system of education for future millionaires. It is represented by free webinars that are available to users almost every day. Our part in one of them led us to conclude that they are of undoubted benefit for beginners and intermediate traders. In addition to webinars, there are free books, videos and descriptions of trading strategies and systems. We suggest you take a look at Optek blog as it is full of interesting articles about trading and the stock market. You can sign up for the newsletters and be sure that you will not miss anything interesting.Opteck Features Opteck, as a broker, is one of the few operators in the market for binary options offering a full and complete demo mode. All you need to do is to go through a simple registration procedure and fund your account. Then you can use the demo account, which allows one to learn in practice the wisdom of transactions, as well as have the opportunity to test potentially profitable strategies.
In good conscience we want to protect you from possible mistakes and to give a little advice: if you plan to use the broker’s resource for operations with real money, during the registration phase be sure to specify the correct data. Otherwise, there may be difficulties with the withdrawal of funds or when dealing with difficult situations with financial support. The Security Service has a right to demand documents proving that you have a relationship to the open account. Opteck as a company offers a fairly standard set of methods for funding your account and withdrawing funds. It should be noted that they are all quite safe, secure and well monitored. A client of the company can easily replenish, deposit and withdraw earned money through their bank accounts using plastic cards such as VISA and MasterCard, and also a rather long list of electronic payment systems.Opteck Trading Platform
As you already know, the trading platform is the primary tool with which you will enter into contracts through binary options. In the case of Opteck, the trading platform was developed directly for the needs of the company. The platform is good and useful in itself and has a design pleasing to the eye. Soft colors selected for this site allows one to monitor the schedules for hours and make transactions without straining your eyes. A simple thing but as you will discover, somewhat effective. It is important for those involved in binary options professionally. Some users however complain about the instability of the Opteck trading platform when using the Opera browser. But, we did not encounter this ourselves leading us to believe that these are rare cases or a now solved issue.
The Opteck platform is designed as a web-based interface, so all operations can be carried out exclusively through the broker’s website. This means that there is no need to upload third-party applications and that the resource is available via the Internet from anywhere in the world at any time. Another plus in piggy bank of the broker.Customer Service
Among the pieces of good customer service is the necessity to allocate a clearly visible button to access online chat, as well as free international phone number, which indicates the readiness of the broker to provide quality support to its customers.
We have been pleasantly surprised at the fact that there are actually private tours of the site and platform. In other words, any user can create an account, order a free return call and learn while support staff introduces you personally to the sections of the site and shows how to work with the trading platform and access further information. A great idea and good implementation of it.Final Thoughts
The three main components of Opteck’s success, in our opinion, is a lively schedule of assets with technical analysis functions, a clear economic calendar with news and signals for trading. Most importantly, all of this is available to the user free of charge, but not in exchange for an astronomical deposit amount that must be paid before anything is accessible.
Opteck is trading CFDs on forex, stocks, commodities and indices, nothing else.