Opteck’s CySEC and IFSC regulation separates the company from other binary options brokers. Their regulated status forces them to be accountable for their clients and their clients’ money, thus they are not only recommended, but trusted. Moreover, Opteck’s web-based platform is equally secure. When you trade with Opteck, your private information will be secured and encrypted by RapidSSL. That certainly gives me peace of mind when using the internet to deposit large sums of money. Opteck, founded in 2011, is located in Limassol, Cyprus. You don’t have to visit them there, but if you like this review, please sign up with Opteck here.
Trading Options and Platform Features
Opteck features the classic options found on most binary options platforms:
- High low: traders select “high” if they think the price will go up at the expiry time and “low” if they think the price will go down at the expiry time.
- One Touch binary options: given a top limit and a bottom limit, traders expire in-the-money if the trade passes or reaches said limits.
- Quick Options: this is another word for the usual short term trade options ranging from 30 seconds to 60 minutes.
Opteck payouts range from 65%-100% depending on your chosen trading option.
To trade with Opteck, you must make a minimum deposit of $250, which can be made through standard payment methods including: credit card, wire transfer, CashU, WebMoney, and eWallet.
Bonuses and Promotions
Account managers at Opteck offer free demo accounts for a limited risk-free trading experience before diving in for real profits. When asking for your demo account, make sure you ask your account manager for a bonus as well (wink wink).
Opteck offers multilingual customer service (Arabic, French, Japanese, Italian, Polish, and more). You can also choose one of three methods of communication: live chat, email, or phone.
Opteck’s wide range of training materials, and optional demo account makes them a great trading platform for traders learning how to trade binary options. New traders and experienced traders, alike, will appreciate their intuitive web-based platform and mobile trading app.
Pros: CySEC regulation
Cons: US clients are not accepted.
Headquarters: Limassol, Cyprus
Support Options: Live chat, email, and phone
Languages: English, Arabic, Italian, Polish, French, and more
Regulation: CySEC & IFSC