Opteck receives Cysec and IFSC regulation

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Opteck Review

Overview

Opteck was founded in 2020 by a team of highly motivated professionals, passionate about trading on the financial global markets and empowering others to follow their lead.

Details

Broker Opteck
Website URL www.opteck.com
Founded In 2020 by CentralSpot Trading LTD
Headquarters Lophitis Business Centre, Office 102, 249, 28th October Street, Limassol, 3035 Cyprus
Support Number +35722007264
Support Types Phone, Online Chat, Email
Languages English, Russian, French, Polish, Italian,Spanish, German, Arabic
Trading Platform Proprietary trading platform
Minimum 1st Deposit $250
Minimum Account Size $25
Maximum Trade Amount $10000
Bonus BONUS UP TO 100%
Payout 65% – 89%
Free Demo Account Open Demo
Regulated
Regulation Cysec (Licence Number: 238/14)
Fees
Fee Info Only for withdrawal 3.5% (min $30 max $3.500)
Commission Info No
Account Types Green, Bronze, Silver, Gold, Platinum, Black
Deposit Methods Visa/Mastercard, Postepay, Skrill, Neteller, Webmoney, QIWI, Bank wire transfer, MoneyBookers, Western Union, iDeal
Withdrawal Methods Visa/Mastercard, Diners, Postepay, Skrill, Neteller, Bank wire transfer, MoneyBookers, Western Union, iDeal
Trading Methods Any trading strategies along with Terms and Conditions
Number of Assets 1000
Expiry Times 30 sec, 60 sec, 2 min, 5 min, 10 min, 30 min, 1 Hour, 3 days, 1 week, 1Month
Types of Assets Indices, Commodities, Currency Pairs, Stocks
Option Types High/Low, Quick Options, Range High/Low, One Touch
Account Currency USD, EUR, GBP
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 9.5/10

Full Review

Opteck is the undisputed leader in the field of binary options trading. This broker offers to all traders the unlimited trading opportunities: a wide range of the most popular items (more than 100), the lucrative action, a world famous and most quoted indexes currency. Any trader, even a novice, with ease and comfort can begin to trade, invest and implement profitable deals, easily and comfortably, not to mention the experienced professionals.

Trading with Opteck makes a combo of professional earnings and enjoyable hobby. Extremely simple as it is, trading with Opteck turns into the most pleasant and successful time spending. Thanks to precise tools of trade, experienced analysts, financiers, readily available for trading assistance, and many other attractive items that you will plunge into the world of commerce and success.

It is worth noting that this broker offers a free demo account, starting from $ 5,000 – 50 000 $, in the framework of the «Bronze», «Silver», «Gold», «Platinum» and «Black» trades. Trade and practice are necessary to learn the rules and strategies; and all this, without any risk to your assets.

Thanks to the unconditional safety and reliability of Opteck, (a broker that is regulated both by the Cyprus Commission for the Securities and Exchange Commission by CySEC , and the International Commission for the financial services IFSC) thousands of customers enjoy the trade and successful transactions. In addition, it is worth considering that Opteck experts organized an advanced academy where you can learn the necessary skills to apply technical and fundamental analysis and more.

Deposits and withdrawals

Withdrawals in Opteck don’t pose any difficulty. Just keep in mind that the currency in which is the minimum withdrawal amount should correspond to the currency in which you conduct trades. Thus, the output wages will correspond to the original currency trading. In simple words, if you are trading in dollars, the minimum withdrawal amount is $ 50, and for those who trade in pounds sterling £ -50.

To withdraw funds, you should follow these simple steps:

1. Log in to your trading account

2. Click the «withdrawal» to open the inquiry form on the withdrawal of money from an account

3. Select the desired amount and the method of withdrawal of funds, then fill in the other required fields.
Earnings can be derived using the following methods to withdraw funds: credit / debit cards, bank transfer, Skrill (MoneyBookers), CashU, Webmoney, Western Union. The procedure itself takes about 3-5 days.

Complaints about Opteck

The opinions of the Opteck customers and reputation of the firm are the primary factors for the broker to work better and better. Therefore, the company’s experts scrutinize the comments and reviews on Opteck. It should be objective: with any broker, there are some errors. There is always something to strive for and something to work on. Regarding the Opteck, there were a few comments about the withdrawal of funds with a delay of 2-3 days. Do not worry about this occasion, the inconvenience was soon resolved and all customers received the funds in strict accordance with the requested amount. It should also be kept in mind that some cash out methods are instant; You will find more information at the website of the broker.

If we find complaints about Opteck, we will post it on social media. Follow us to be well informed:

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Opteck, is this a scam ?

You can be 100% sure of the reliability of the broker; because the company is regulated by both the Cyprus Commission for the Securities and Exchange Commission CySEC, and the International Financial Services Commission IFSC, which provides an unconditional guarantee of the reliability of all procedures and the safety of the withdrawal.

Regulator

The apparent advantage Opteck, compared with other brokers, is the regulation of the most respectable commissions: Commission for the Cyprus Securities and Exchange Commission, CySEC and the International Financial Services Commission IFSC.

Bonuses

On the trading platform Opteck you can benefit from the following bonuses:

1. Awaiting bonus – the bonus will be added to the actual balance of the account after a certain volume of transactions.

2. Current bonus – the bonus money will be made directly to the actual balance of the customer’s account.

3. Bonus «without risk» – will be added to the account of a trader and an unsuccessful turn into a winning deal. The validity of this bonus – 30 days, including weekends.

4. Bonuses from competition – competition winners will receive bonus prizes in cash or as a bonus to their trading accounts.

Summary

Opteck is the most successful broker in trading binary options market. The minimum deposit on your trading platform Opteck – $ 250, while the minimum bet is $ 25.

Conclusion

So, we can say with certainty that the Opteck is the most reliable and secure broker. The platform Opteck you will find many surprises and innovations. The best specialists of the financial market will be more than happy to provide you with their services.

Reviews

beware you could lose your money my account manager did just this to me by giving me bad advise and then still tried to persuade me to go into 10000 debt
rubbish company beware

beware Bad advice by my account manager lost all my money in 5 hours
rubbish

I cannot agree that OPTECK is a good company to trade with… I have not yet traded and ifind them to be a poor on customer support and care… I have been bombarded with cals and pressured into depositing £250 the least I could “invest” now they have flatly refused to refund my money and have lied time after time to me and deflected all my attempts to have my money refunded ,, surely this is fraud?

Be very aware of this company and its partner smartbotpro they do not deliver what they state on their websites in 24hrs a loss of £500 … sent emails to both companies and no reply amazing as Opteck called me at all hours to get my business then go quiet when they have lost all the clients money

OPTEK is a scam, regardless of whatever they tell you it is a scam, you will never get your money back. I opened an account with them few months back and after 1 month I decided it does not work for me, at the beginning they were very nice and friendly with me at the same time constantly asking for more money. When I informed them I decided to give up and that I want my money back suddenly they were unavailable, the manager was on holiday, there was a lengthy process and so many forms to fill up, but of course I should put in more money instead of leaving. I did sent them all forms and proofs required, few months ago, since then never heard back from them. So BEWARE, OPTEK IS INDEED A SCAM.

They might be “legal” and have all the needed licenses. But they are crooks, they are after your money, they drag you in, they would call you 10 times a day to encourage you to deposit more money, then they will give you bad advice and you will lose your money, try to contact the so called account manager and you will not be able to reach them. they will let you cool for a week or so then a “new” account manager” will contact you and give you all different promises of recovering your losses and “working with you” to build a steady and secure profit.. STAY AWAY from them

Opteck indeed is a scam…they are robbery who cheated me twice and still ask me to invest when i lost US$3,500 they are blood sucker i learned a heavy lesson my hard earned moneys NEVER trusted them anymore let the heaven punished them i will curse them to dead

yes indeed you are right your encounter with me the same i am cheated twice very bad advice from them they are crook never trusted them

they are scam….please do not believe them they are a bunch of blood sucker who cheated your hard earned money STOP listen to their advice they gave you wrong advise they are hunting for more money you invested they are LIARS

I am battling to get $3500 back from them. They also do not reply to emails. They phoned me a few times – other than that no response

Why People comments are negative about you Opteck.it given me a fear of trading with you.

This Broker is a huge scam Do not even think about open an account with them. They ask you to put more money “they call it be serious” if you do not put more money they get mad at you and lock your account saying that you lost all your funds. Allan Maxwell locked my account with no reason i lost my money.? Thanks to Joan who assisted me in getting back all my money

Opteck is a scam, I deposited over $56,000 and they blocked my account saying that they I should post certified ID and RV before they can remove restrictions that prevented withdrawing. I Did that and they took months saying they haven’t received the documents giving me endless tickets
They eventually removed the restrictions and when I had to withdraw , they completely blocked my account saying my device logged in with another account when I hadn’t . I reached out to [email protected] a certified binary options recovery expert, he helped me recover all my money back from them

Opteck Review

Opteck was an established Forex broker, which was originally founded in 2020.

Opteck is owned by Centralspot Trading Limited, located at: 28th October Street, Lophitis Business Centre, Office 102, 249, Limassol, Cyprus. Their phone number in Cyprus is: +357 22 007 264. Their email address is [email protected], and for trader complaints email: [email protected], or read this.

WARNING!

If you plan on using an auto-trading system, it may be a scam, learn why.

Opteck Platform Review

Opteck uses the TraderSoft trading platform for CFD and Forex trading. They have available more than 1,000 underlying assets from Forex, Stocks, Commodities and Market Indices. You can choose from five different account types.

The minimum deposit for a start account is $250, and for large accounts with balances over $10,000 they offer pip spreads of 1 – 3 points. You have a choice of using either the web based desktop trading platform, or you can download their mobile trading app for Android or iOS. New traders can get a demo account, once they have a real trading account (you will need you customer service representative to fund it for you).

Opteck CFD & Forex Trading Software

Opteck License & Regulation

What we look for when we review CFD or Forex brokers to determine if they are a legit broker or a scam broker is very simple. Are the licensed and regulated by a competent government regulator like CySEC in Cyprus, ASIC in Australia or FCA in the United Kingdom.

Opteck.com received their license number 238/14 from CySEC on May 2nd 2020. Opteck is one of the few brokers that actually has a complaint department because they take complaints seriously. Traders can email complaints to: [email protected]

Opteck.Biz is regulated in Belize by IFSC, with license number IFSC/60/377/TS/17, under the company name CST Financial Services Ltd.

Compare Forex Brokers

When choosing a Forex broker it is very important to check the they are actually licensed for traders in your country. With hundreds of brokers to choose from, traders usually choose one of the best brokers, see here.

What was your trading experience with Opteck like? Please leave your review in the comments below.

Opteck receives Cysec and IFSC regulation

Opteck – Broker Review and Trader Feedback

Ever since Opteck has been established back in 2020, it has been serving hundreds of thousands of online traders and investors worldwide. Focusing solely on CFDs and Forex, this specific broker provides the tools, technology, data and every other component any trader needs in order to start trading and enjoy the entire experience while doing so.

1. General Information

At first glance, the thing that’s so impressive about this broker is the offering of assets it has on their trading platform. With more than 1,000 currency pairs, stocks, commodities, indices and cryptocurrencies you can choose from, the possibilities are nearly endless and the variety is more than impressive. The live data feed that runs on their home page allows you to see what’s happening in the market in real-time and decide which positions to open and when.

Below you can find a list of the Pros and Cons, as well as advantages and disadvantages this broker currently features:

Pros: User-friendly, intuitive and easy to use platform; Vast selection of education materials; More than 1,000 financial assets to choose from; Mobile, tablet and desktop compatibility; Multi-lingual customer support services; Accurate and consistent financial market analysis; 1-click trade execution feature.

Cons: Doesn’t allow to trade on binary options; Can’t open/log-in to your account through Facebook.

2. Advantages and Disadvantages

Regulated Broker: As a regulated broker under CySEC, Opteck operates within strict regulatory guidelines, thus ensuring their traders’ legal interests are protected.

Multiple Choices of Trading Accounts: With 6 different types of trading accounts to choose from, each coming with its own trading conditions, there is a trading account to suit every category of trader.

Comprehensive Educational Center: The educational resources provided by Opteck are one of the most comprehensive among all the brokers in the industry. The educational academy comes with e-books, video training courses and webinars.

No Localized Support: The customer support services are not made available on a localized level. Instead, traders have to rely on an international telephone support number that can be costly to call.

No MetaTrader Trading Platform: Opteck uses a customized trading platform and does not support the popular MetaTrader 4 trading platform.

3. Trading Conditions

At Opteck, the platform is synchronized together with the market. This means that traders can open positions on more than 1,000 assets together with the option to take advantage of “Stop Loss” and “Take Profit” conditions both on CFDs and Forex. On top of that, when you open an account and make a deposit, you are entitled to receive up to X200 leverage on all their tradable assets based on how you’ve filled out the required trading questionnaire. This takes only a couple of minutes and shortly after completion, you can go ahead and start your trading experience.

The process of opening a position is plain and simple: you choose an asset, determine the unit amount, select “SELL” or “BUY”, set trading conditions (*Optional) and hit the invest button. That’s about it. After placing many positions on the Opteck platform, it seems that everything is very smooth and super quick with no delays what so ever in the trade execution flow.

4. Trading Instruments

Trading instruments at Opteck include over 1,000 of the world’s top tradable financial assets, divided into 5 segregated groups: Forex (currency pairs), Stocks, Commodities, Indices and cryptocurrencies. If you would like to read more about the different trading options that this broker offers, you can visit their website and see for yourself what you can trade on.

5. Trading Platform

At first glance, Opteck’s trading platform looks like most other platforms. However, as soon as you start opening positions, you almost immediately see the difference. It’s the smoothness and the flow of the entire process, without any unnecessary delays in the trading execution speed that makes this broker’s trading platform so special. Showcasing both CFDs and Forex on the same platform, you can easily choose which asset to trade on with the assistance of the advanced technical analysis graph on the right side of the screen.

This broker also created a dedicated mobile app for multiple devices, such as the iPhone 7 and Samsung’s S7. It made sure that installing the app takes almost no time at all and that you’ll be able to log-in with the same credentials you’ve used to open your account on the computer. Without too many compliments, they simply couldn’t make it any better. They made sure to include the same exact tools and features that you can find on their web-based desktop platform. Opteck made sure is it sleek, quick and accurate.

6. Account Types

Opteck is offering 6 different account types any trader can choose from, mainly based on how much money he would like to start with. These include Basic, Bronze, Silver, Gold, Platinum and Black. Each account type being offered includes a set of fixed features and benefits that go hand in hand with the deposit requirements.

Apart from the account types mentioned above, Opteck also offers a unique account type called “Islamic Account” that is meant for Muslim traders who wish to stay loyal to their Islamic beliefs. Some of the distinct features that come with this account are: 1. No Interest; 2. No Swap; 3. Zero rollover commissions; 4. No fees for account managers; 5. No overnight positions.

7. Account Opening Process and Withdrawal Conditions

Opening your account at Opteck doesn’t require too much time or effort. You can do so by using the green “Open Account” button located at the top right side of the screen or through the “Account Types” page. Once you complete filling out the basic personal information and press the “Sign Up” button, you are re-directed to a deposit page where you simply select your preferred method of payment. The deposit methods that this broker offers are very versatile and include, amongst others: Credit/Debit card, Bank Wire Transfer, Skrill (Moneybookers), Neteller, Western Union, etc.

Once you’ve selected your payment method and completed your deposit, your account is ready to be used and you can go to the trading room to begin your online trading experience. For additional information about Opteck’s deposit methods, you can visit their Deposits and Withdrawals section.

Withdrawal procedure and conditions at Opteck are pretty much the same like with most other brokers:

1. You’ll have to log-in to your trading account
2. Click the “Trading Room” button
3. Click the Withdraw link, located to the right, under the deposit button
4. Enter the amount you wish to withdraw
5. Click the “Withdraw” button

Once your withdraw request has been approved, your funds will be sent to your bank account using the same exact payment method you made your initial deposit with. Opteck made sure that you won’t encounter any difficulties or issues with it. That is something you should be taking under consideration when choosing your desired online broker.

8. Regulations

Opteck is fully licensed and regulated by both CySEC (Cyprus Securities and Exchange Commission) and the IFSC (International Financial Services Commission). This ensures that all your personal information, including your funds and payment history are constantly monitored and protected by the latest SSL encryption and online security protocols, providing you with the safest trading conditions available in the industry.

9. Education for Traders

Opteck offers plenty of education materials and resources for all of its traders, regardless of their knowledge or experience level. This comes in the form of interactive eBooks, 3-tiers video courses, online webinars, industry jargon glossary and much more. Regardless if you decide to trade CFDs or Forex, you can choose between customized trading videos, a state-of-the-art collection of trading eBooks, daily and weekly technical and fundamental analysis section, useful market news you can use to take advantage of in your trading decisions (Economic Calendar) and a comprehensive asset index page containing all the details you as a trader need to know before opening your next trade.

This broker made sure that these educational tools do work if you use them correctly. Even if you are an experienced trader, it is always better to take advantage and utilize the resources your broker gives you than to think you already know everything and eventually get disappointed from your online trading outcomes. Feel free to go ahead and visit this extremely useful section.

10. Should you trade with Opteck?

Well, it all depends who you are asking. Opteck invested a lot of time and effort in order to make sure its traders will be highly impressed with almost all the services and features it is offering, especially from its trading platform. There is no better way to describe the overall experience as very positive. If someone would have asked me to rate this broker and give it an overall rating, I would have to say that a 4.75 out of a maximum 5 would be a fair score. After all, it’s one of the most professional, reputable and transparent brokers in its respected industry, and that can’t be taken for granted.

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