Opteck is an international brokerage company that offers integrated financial platform for binary options trading. The company was established in the year 2012 and is now considered to be done of the leaders on the market. Opteck trading platform was created after several years of multiple researches that would correspond to the needs of both beginning and experienced participants of the market. Nowadays the platform gives its traders all necessary instruments for a careful and accurate market analysis, trades management and of course checking own progress.
Comparing with other binary options brokers, Opteck pays a lot of attention to the financial literary and financial education of its clients as witnessed by absolutely free learning materials, regular webinars, electronic books as well as individual consultations with the company’s representatives.
According to the Opteck binary options broker, it has one more advantage – maintenance and support of customers’ data and monetary funds with the help of a special system that is called “online-security” with SSL certificate.
Opteck Advantages and Disadvantages
– European Regulation – starting from May 2015, Opteck is regulated by CySEC – a special commission on financial markets based in Cyprus. This fact means that the company has to follow all EU rules on how to lead the business connected with the sphere of financial services;
– High Level of Security – Opteck intensively invests in all sorts of support that would deal with an information protection on its trading platform. In this regard, investors count for a complete safety of their funds as well as safety of their operations;
– Unique Trading Platform – the binary options broker Opteck has developed its own trading platform which is very effective, modern, advanced and corresponds all customers’ needs and requirements;
– “Social Trading” – Opteck web-platform has recently got some technical improvements thanks to which traders have an opportunity to receive additional possibilities for successful trading process. The first such improvement is “Social Trading”. This instrument gives traders a chance to follow other traders’ investments on the platform online and lets them check professional traders’ strategies and activities.
– High Minimum Entry – the main and only Opteck minus is a relatively high entry point which makes $25 for one option trade. Perhaps it is not a big issue for the majority of traders but if we compare it with, for example, Finpari – its minimum entry point can be as low as $1 or $5.
Binary Trading Conditions
Opteck offers its clients more than one hundred assets from four main market categories (currency, shares, indexes and commodities) each of which can be traded due to any of the above-mentioned types of options contracts without excluding QuickOption.
Minimum deposit is $250 which corresponds to such type of an account as “Green” and gives an opportunity to get a welcome bonus and an access to market analysis and research, electronic books and an online course that consists of 22 video lessons. Minimum entry point is $25 which is the lowest possible sum of money for one option trade on the platform. It should also be mentioned that the minimum entry point gets higher as soon as the deposit grows. For instance, “Gold” type of an account with the deposit of minimum $5000 has an entry point of $50.
A very interesting Opteck feature is a partial security of investments which assures repayment of the primary entry point to a trader (from 5% to 15% depending on the instrument and type of an account) in case of a loss-making trade.
Opteck traders have a possibility to invest in many different assets depending on their option strategies and personal preferences. A variety of Opteck assets includes Forex (currency pairs such as EUR/USD etc), commodities (oil, silver, wheat etc), the biggest stock indexes (S&P 500) and also the shares of separate companies (Apple, Google etc). The wide range of assets lets traders make personal trading strategies based on the experience they have as well as try new markets and security papers.
In order to add funds to a trading account as well as withdraw some money Opteck offers a pretty standard set of the safest ways and methods. It will not be difficult for traders from Russia and Former Soviet Republics to choose the most suitable one. So, adding funds to a deposit and withdrawing the money can be done with the help of the following resources:
– bank account;
– bank cards Visa or Master Card;
– electronic payments: WebMoney and others;
Binary options broker Opteck has one considerable difference among all brokers – availability of a manager who can consult a novice regarding the current situation, give certain ideas as for binary options trading strategies and trades planning. Actually, such managers are not only for beginners, even more experienced trades can get a consultation from one of the leading specialists of the company. It is possible to do in two ways: either using online chat or phone.
In the same way clients can contact customer’s support if there are any questions regarding the work of the platform. Financial support is available in online chat or phone and will eagerly solve all the issues or difficulties with payments or withdrawals.
NOTE***There are even special phone numbers – free phone number in Russia and international number. Moreover, traders can send a message thanks to a special form on the page “Contacts” and an answer will come to a trader’s e-mail address in a few days.
Being a global-oriented company, Opteck offers an access to its online platform from any place in the world. Technical parameters of the system let traders work with the platform using a usual PC (personal computer) or any mobile gadgets (tablets, smartphones etc) with an access to the Internet. Trading data and information about trades is located in a cloud drive on special servers which makes them available from any kind of gadget wherever the owner is.
Opteck Trading Platform offers traders 4 kinds of financial contracts:
- Classic options high/low – give a profit in case of the right prediction of the price level at the moment of contract expiration towards the basic price. If the price got higher – this is a Call option, whereas if lower – Put option;
- Quick Options – let trade on short-term times of 30 seconds. The plusses of this instrument can be really appreciated by traders who prefer short-term trading style and who are not very patient to work with long one.
- One Touch – bring profits or losses depending on the correctness of the prediction whether the price reaches the basic asset of a prior determined level before an expiration time of the contract (option Call for high level and Put for low level);
- Range – to close contracts of such a type in a profitable way, one should know that the price on a basic asset should stay inside the diapason borders within the whole “option life”. If the price is higher than an entry point, it is a Call option, if lower – Put option;
Types of Accounts
Opteck offers a few types of accounts starting from basic and finishing with “advanced”. The type of an account depends on the sum of investment and on a minimum deposit $250 to thousands of dollars. In such a way, accounts are divided into 6 categories (green, bronze, silver, gold, platinum, black); each of them gives traders certain bonus levels and additional advantages such as priority support and daily trading signals.
As it was mentioned before, bigger amounts of money invested in binary options trading open additional opportunities for traders, for instance, an access to electronic materials for learning, regular market analysis and research, analyst’s help, video lessons, webinars and so on and so forth. All types of accounts include an opportunity to get client’s support on e-mail and phone, free electronic book and also registration bonuses.
Opening of an Account
The process of registration on the site is pretty simple and all a trader should do is to just fill an application form on the main page of the site. There a trader should write down his/her personal data for getting a trading account. For further account activation, Opteck needs to have documents that would confirm the right to manage the account. When the activation process is over, traders are ready to begin trading.
Opteck binary options broker offers its clients several variants of transferring money on a trading account using simple and clear interface. Adding funds can be done with the help of credit cards: Visa, Master Card, Diners as well as wire transfer and such electronic payments as WebMoney, Western Union, CashU etc. Within the next 1-3 days the money will be on an account.
Opteck is one of the brokers that offers traders an opportunity to get to know the platform and trading conditions due to a virtual trading on demo-accounts.
Demo-account has the same parameters and possibilities as a real trading account; the only difference is that trading happens with the help of conditional currency unit (c.u) which means it doesn’t require any deposit. Using a demo-account a trader doesn’t have any liabilities related to a broker and can stop using a virtual account anytime. After a trading platform interface is clear, tested and practiced, it is high time to move to a real trading by adding funds to an account and opening a real trading account.
NOTE*** It should be noticed that clients who open such types of accounts as “bronze”, “silver”, “gold”, “platinum” and “black” have a chance to use demo-account with more features and higher sums of virtual money.
Traders who are registered with Opteck binary options broker have an access to a big number of educational resources. This information includes a free electronic book and interactive on-line webinars lead by professional teachers. Webinars in Russian language are held four times a week in the evening.
Unlike many other brokerage companies, Opteck offers traders a possibility to get comprehensive information in Russian and discuss potential trading opportunities. Webinar calendar is on the site.
Educational materials for traders include educational video-materials that can be also found on the broker’s site. During the educational process, teachers also use descriptive tools and modern Internet technologies which let traders reach the highest level.
Opteck platform is rather comfortable and gives all necessary instruments for a potential profitable binary options trading. Payout percentage reaches as high as 100% that considerably distinguishes this particular company from any other.
Another its advantage is a well-organized work of technical, financial and customers support.
For more effective work Opteck offers different possibilities: detailed diagrams for fundamental and technical analysis along with consultations with financial analysts of the company. Mutual work of the leading analysts of the company and traders is a basis for financial success.
The only minor disadvantage is a rare delay when transferring the money, yet at the same the absence of any kind of rush is a sign of careful and attentive attitude to the safety of clients’ trading accounts.
Opteck’s reputation can be confirmed by multiple positive feedbacks and reviews published on independent resources in the Internet among which you will very seldom find some negative information or comments. Without any hesitations, one can say that Opteck is worth cooperating with for both beginning and advanced traders and therefore is so highly recommended to give it a try.