Opteck Review

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Opteck Review

Opteck
25% to 100% Depending on Account Type
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Overview

Introduction Opteck is a binary option trading brand owned and operated by B.H.N.V. Online Ltd, which offers traders with an opportunity to trade over 70 assets for up to 85% […]

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Full Review Details

Broker Opteck
Website URL NEW http://www.opteck.com/
Founded 2011
Headquarters Suite 102, Ground Floor, Blake Building, Corner Eyre & Hutson Streets, in Belize City, Belize
Support Number Telephone: +1 877 331 1990 International: +357 77788316
Support Types Telephone, Fax, Email, Live Chat
Languages English, Arabic, Dutch, French, Italian, Russian, Polish, Turkish, German
Minimum 1st Deposit $250
Minimum Account Size $250
Minimum Trade Amount $25
Maximum Trade Amount $10,000
Bonus 25% to 100% Depending on Account Type
Payout 65%-85% on High/Low, 90%-100% on One Touch and 100% on Range High/Low
Free Demo Account Open Demo
Fees Yes
Fee Info 3.5% on Withdrawals or $30 to $3,500
Account Types Green, Bronze, Silver, Gold, Platinum, Black
Deposit Methods Bank Wire Transfer, Western Union, Credit/Debit Card, E-Wallet
Withdrawal Methods Bank Wire Transfer, Western Union, Credit/Debit Card, E-Wallet
Number of Assets 70+
Expiry Times 60s, 90s, 120s, 5m, 15m, 30m, 1h, 2h, 4h, 8h, 12h, End of Day, Weekly
Types of Assets Currencies, Commodities, Stocks, Indices
Option Types High/Low, Quick Options, Range High/Low, One Touch
Account Currency GBP, EUR, USD, CAD, AUD, JPY And All Other Major Currencies
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score

Screenshots

Screenshot 1 Screenshot 2

Pros

  • Daily Trading Signals
  • Mobile Trading
  • Trading Webinar

Cons

  • Low Payouts on One Touch

Full Review

Introduction

Opteck is a binary option trading brand owned and operated by B.H.N.V. Online Ltd, which offers traders with an opportunity to trade over 70 assets for up to 85% payout.

The company was founded in 2011 and its headquarters are located at Suite 102, Ground Floor, Blake Building, Corner Eyre & Hutson Streets, in Belize City, Belize.

Opteck has a unique feature that allows traders to add trading assets from their own specific niche in a bid to extending their comfort zones.

Account Types and Bonuses

Opteck account holders can select from a list of six account types the type of account they wish to hold. However, they will still be required to deposit the necessary amount for the specified account.

  • Green Account: $250-$499 deposit, and comes bundled with 25% opening bonus, dedicated support, daily market reviews (via email), an eBook on binary options trading and access to 22 educational videos and tutorials. This is the smallest account type at Opteck.
  • Bronze Account: Initial deposit of $500-$999, and comes bundled with $5,000 demo account, 35% welcome bonus, and introductory session with a junior account manager and the other benefits received by Green Account holders.
  • Silver Account: Requires $1,000 to $4,999 initial deposit and comes bundled with 45% welcome bonus, $10,000 demo account, 10-20 trading signals daily delivered by SignalsXP, introduction session with a senior account manager, introduction webinar on market liquidity and the other benefits received by Bronze account holders.
  • Gold Account: This requires a deposit of $5,000 to $9,999 and comes with 65% welcome bonus, 20-30 trading signals daily, 1% extra payout, introduction and strategy session with a senior account manager, $15,000 demo account, Alerts ahead of big market moving events, and 2 illuminating webinars on market liquidity and trading psychology, along with the other benefits received by Silver account holders. The minimum amount per trade for this type of account is $50.
  • Platinum Account: This account type requires traders to deposit $10,000 to $24,999. It comes with several benefits including 85% welcome bonus, $25,000 demo account, 30-40 daily trading signals, introduction and strategy session with an executive account manager, private session with a senior analyst, priority access line, 3 illuminating webinars on market liquidity, trading psychology and chart analysis, and the other benefits received by Gold account holders. Minimum amount per trade is $100.
  • Black Account: This is the biggest account type at Opteck and requires traders to deposit $25,000 to $50,000. They then receive 100% welcome bonus, weekly sessions with senior analysts, 40-50 daily trading signals, +2% extra payout per trade, $50,000 demo account, and 4 illuminating webinars on market liquidity, trading psychology, chart analysis and trading strategies, along with the other benefits received by Platinum account holders. The minimum investment per trade is $250.

Apart from these benefits, traders can also earn varying levels of bonuses via refer a friend program, which also depend on account types.

Trade Types

  • Quick Options: These ate short term in nature with expiries of 60 seconds to 5 minutes. Payout starts at 65%.
  • High/Low: The traditional call/put options with payouts ranging from 65% to 85% at Opteck.
  • Range High/Low: This involves predicting whether the price of the underlying security will remain range-bound from the time you open the position to expiry, given two sets of price levels provided by the broker. Payout is 100% for these options.
  • One Touch: This type of option requires traders to predict whether the price of the underlying security will reach a certain level at any point before expiry. Payout at Opteck is 90%-100%. Expiry period is usually one week.

Asset Index

  • Currencies: Opteck currency pairs are drawn from all the major combinations and exotic currencies including the USD, EUR, GBP, AUD, JPY, CAD, NZD, and CHF among others.
  • Commodities: Corn, Coffee, Crude Oil, Silver, Gold, Copper, Natural Gas, Wheat
  • Stocks: Opteck clients can trade several stocks on the company’s binary options trading platform, which are selected among the most popular from across different markets in the world. Stocks such as Apple, Amazon, Google, BP, Gazprom and many more are available for trading on the platform.
  • Indices: All the major indices are traded to Opteck, with selections coming from nearly all the continents. It is hard to find a major stock exchange that is not represented. You can trade TADAWUL, ASX, DAX, Nikkei 225, NASDAQ, S&P 500, FTSE 100, CAC 40 and MICEX 10 among others.

Trading Tools

Opteck has designed it trading platform in such a way that resourceful materials can be accessed with one click. Trades can also be executed with one click and as discussed in the account types, there are several webinars, trading signals and eBooks available to traders depending on their account types.

These materials are also boosted by the ability to engage with account managers and analysts on various grounds of binary options trading. There is also various news and analysis materials updated daily and weekly as well as alerts on major market events.

Opteck has also developed apps for iOS and Android devices as it seeks to build an inclusive environment for all types of traders. Therefore, those accustomed to trading on-the-go via mobile devices are well covered.

Deposits and Withdrawals

Deposits

Traders can deposit funds in their Opteck trading accounts via bank wire transfer, credit/debit cards, Western Union and electronic payments

The minimum and maximum investment per trade ranges from $25 to $10,000 depending on account type. More on minimum investment is discussed on account types and bonuses.

No charges on deposits regardless of method used.

Withdrawals

The minimum withdrawal amount is $50, but for wires transfer, the minimum is set at $100.

All withdrawals attract a fee of 3.5% or $30 whichever is higher, and this could rise to a maximum withdrawal processing fee of $3,500.

However Platinum, Black and VIP account traders are granted a first free withdrawal.

Identity and residence verification is required and traders are asked to submit copies of various documents when opening the account or making first withdrawal.

Support

Opteck clients can contact support via telephone, fax, email or live chat.

Live Support

Email: [email protected] –there are also several specific email addresses based on enquiries.

Telephone: +1 877 331 1990; International: +357 77788316; Fax: +357 22007266

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© Copyright

RISK WARNING: The past or recent trading performance of any stock, security, commodity or derivative is not necessarily indicative of future profits/losses. We do not and can not guarantee that use of our Services will generate you profits. We do not and can not take responsibility for any losses to your accounts. You must trade and take sole responsibility to evaluate all information provided by this website and use it at your own risk. All trading information we provide is intended as trade assistance only.

Risk warning: Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice. You should also read our learning materials and risk warnings.

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