Opteck ReviewThe Opteck brand was registered in 2011 by the British corporation BNET ONLINE LTD. Although the UK FSA does not regulate the activities of brokers, a company is still governed by the laws of the United Kingdom in all its work and dealings. The financial regulator of Opteck is CySEC, which confirms the reliability of the company and the security of investments.
The main task of the broker is to provide traders with a reliable tool for earnings in the financial markets. The trading platform of the company was created to meet the needs and capacities of different categories of traders, from beginners to advanced to dedicated market sharks.
Why Trade at Opteck
It’s safe to say that the Opteck trading platform belongs to the group of the most convenient ones for binary options. It also ensures accurate quotes and expiry times for options. It is no coincidence that the platform has so often been recommended for use by those who are just mastering the trade with options.
All popular types of binary options are tradable through the Opteck platform including: classic binary options, an option within a certain range, an option for touch and limited duration options (30, 45, 60, 120 seconds and 5 minutes). Additionally there are modes for “doubling”, “renewal” and “early closure”. With such a set at your fingertips it is a completely full and rewarding way to start investments.
Beginners and non-professional traders should think firstly about how to learn the nuances of trading with standard options, and then to move on to the more complicated constructors that some brokers have. Practicing traders will appreciate the special programs that make it possible to improve their skills and make trading more profitable.
The profitability of Opteck corresponds approximately with the conditions of the vast majority of brokers. The average profitability is about 85% of the deposited amount, but it can reach up to 100%. Moreover, this is not a publicity stunt. For a variety of client contracts can actually count on a maximum of 100%. In the event of a failure of the transaction, there is a return of 15% on most types of contracts provided to the customer.
In general, income from trading on Opteck largely depends on what type of trade is used. It is difficult to give a specific recommendation, but rather you should choose the way based on your own commercial preferences, temperament and expectations for profitability and risk level.
Trade “above / below” implies a profit in cases where the direction of the price movement is chosen correctly. How far the price will raise or lower does not matter, even one single point in the right direction will result in a return.
Touching. The gain or loss depends on whether the price touched the level claimed by the broker during the term of the option. How the price behaves after touching is considered irrelevant for the option.
Range. In order for the deal to end profitable, the trader needs to calculate whether the price will be within the range specified by the broker at the time of expiration or whether it will increase of decrease past its boundaries. The range is defined by the upper and lower boundary of the price level with respect to the purchase price of the option.
More advanced users can create their options, choosing their own expiration period, the ratio of profitability and return.
Of course, every type of trade suggests the possibility of operations with a certain amount of assets that are in the list of the trading platform.
Trading Platforms and Features
The site has a good training base and easy accessibility. These materials allow a novice to understand the principles and patterns of transactions with binary options quickly enough. There are tutorials, articles, books and personal advice. Quite often there are webinars and briefings for registered users hosted by the company. Customers can use the trading signals from well-known analysts, familiar with the current market reports, news and quotes of the most significant indices. However it should be noted that there is no disclaimer declaring guaranteed profits as a result.
One should also pay attention to the fact that Opteck provides the ability to use cloud services. This allows users to work from anywhere without interruption. Besides the usual online platform, the company offers terminals for mobile devices, which is useful especially for those who like to travel or are constantly on business trips. Relevant applications can be downloaded to a compatable smartphone or tablet.
After confirming a client’s identity the withdrawal procedure is very simple and a little variability. The transaction can be made by bank transfer, by credit cards such as Visa, JCB, MasterCard, Maestro, Visa Electron, as well as by a number of electronic purses, such as WebMoney, CashU and Skrill of course.
The timeframe for the transfer of money to a client account is up to five working days. The minimum amount is set at 50-100 dollars, depending on the method of withdrawal. Fee may be applied depending on the type of account.
Depositing and withdrawing funds on Opteck is a safe procedure thanks to advanced security technology, which encrypts personal and financial data.
Bonuses and New Customer Promotions
Opteck offers a good system of signup bonuses to its new customers. Depending on the type of account, they range from between 25 to 100% for the first deposit. It should be borne in mind that any amount of bonus can not be withdrawal regardless. However, the amount of profit from the investments of this bonus belongs to you and only to you. So in the end it is by no means a bad proposal after all.
Country Specific Customer Restrictions
In summing up the results we can say that among the undoubted advantages of Opteck are the possibilities of allocating such things as a system of bonuses, excellent customer support, a rich and varied educational base, comfortable and practical trading platform interface and secure payments with minimal delay. We can further say that Optek is ideal for beginners and those who deal with binary options more professionally.