Opteck is a brokerage company from Cyprus that started out in the binary options industry back in 2011, but now focuses solely on trading forex and CFDs. We noticed that their popularity among traders has been growing for some time now, so we decided to check things out and see what the reason for that is and if they can be trusted. The idea was to check all of the most important things on the broker’s website (their trading platforms, license, monetary transactions and technical support), so that you can see for yourself is Opteck a scam or a legit company? Read our analysis and find out everything you need to know!
Is Opteck a Scam? | Safety and Support
We’ll start our analysis with the most important safety feature in trading – regulation. When you’re opening an account with a broker, you want to know that they are regulated. That’s the only way you can be 100% sure that the company you’re dealing with is legit.
Fortunately, Opteck is regulated by CySEC – the Cyprus Securities and Exchange Commission – meaning the company complies with strict regulation guidelines. In other words, if you choose Opteck as your trading partner, your trading will be completely safe. Moreover, Opteck segregates the clients’ funds from its own. This means that they keep traders’ money in separated accounts. Apart from that, Opteck uses encryption to protect your personal information, so you don’t have to worry about your data when trading here.
When it comes to their customer support, their staff works 24/7 and these people really can solve any problem and answer any question you might have. We asked them many questions and they were always quick and reliable.
Is Opteck a Scam? | Deposit and Withdrawal
In this paragraph of our “Is Opteck a Scam?” analysis, we’ll discuss the safety of money transfer options. You can learn more about the details of this part of the broker’s offer in our Opteck Review 2017.
When it comes to deposit, there are a bunch of ways you can fund your account with. The procedure is quite simple and won’t take you more than a few moments to complete it. We’ve tried it ourselves and our experience tells us that everything is executed very quickly and completely safely.
The same goes for withdrawals which are processed within a few business days (usually 3 or 4 days). Keep in mind, though, that your payment service may require additional time to complete their side of the transaction. Also, you can check your withdrawal history anytime you want, which is great when you want to organize your trading in greater detail.
This was probably the most important thing people want to know when they ask is Opteck a scam or not. The company has passed our test with ease and we can say that your money is absolutely safe with them, but we have more to examine, so don’t go away!
Is Opteck a Scam? | Trading Platform Options
The last thing we’ll write about in this “Is Opteck a Scam?” analysis are the trading platforms. The broker offers two types of trading platforms: the regular one (desktop) and the mobile application. We’ve traded on both of them and we can say that both of them function perfectly.
They have everything you need: very high speed of execution, user-friendly environment and many cool ad useful trading tools. Besides that, you can choose between many trading options, so you’ll definitely find something that works for you. All prices are updated regularly and all the info you need to make an investment is readily available, so there are no frauds here, either. With that, we think we can conclude this article on a positive note.
Is Opteck a Scam? | Conclusion
You certainly won’t regret if you choose Opteck as your broker. They are regulated, which means they’re perfectly safe to trade with, and their support team is available 24/7. These people are very capable, so you can rely on them to guide you through whatever you need. You can also deposit and withdraw your funds very easily, plus their trading platform works flawlessly. So, is Opteck a scam? Absolutely not! Open an account with them and you’ll enjoy your every trade.
Opteck is a brokerage company that first started dealing with binary options, but switched to Forex after a while. In the last couple of years, this regulated broker has become extremely popular among traders. Since they have their offices in Bahrain, Colombia, Russian Federation, Mexico, Panama, Malaysia, Chile, Peru and New Zealand, we can say that they literary have clients from all over the world. Since they have such a good reputation among traders, we decided to conduct some tests concerning the company’s offer in order to see if they’re really that good. We tested them out and wrote this Opteck review, a comprehensive article in which you can find out everything about the company! Keep reading!
Opteck Review | The login procedure
As you already know, in order to trade, you have to have an account. To open an account here you first have to log in, and we’re happy to say that with Opteck this definitely shouldn’t be a problem. Account creation is quite simple, so you won’t lose more than a minute or two.
In the first step of the login procedure, you’ll be asked to write down some of your very basic data: your name, email address, the country you currently live in and your phone number. Subsequently, you’ll have to choose the currency you would like to use in trading. We would like to warn you that, once chosen, currency cannot be changed, so choose wisely. Apart from that, you’ll have to choose one of the account types Opteck offers to its clients. We’ll talk about that more in the next paragraph of our extensive Opteck review, so stay with us!
Opteck Review | Account Types
Almost every brokerage company has a few account types in its offer, but with Opteck you really have a lot of options. More precisely, there are six Opteck account types to choose from: Basic, Bronze, Silver, Gold, Platinum and Black.
The first one is designed for newcomers in the trading industry. It comes with daily market reviews and price alerts that’ll keep you informed about every important market development and you can have it for only $250. The Bronze account requires a deposit of $1,000. It is also good for beginners, but you get an intro session with the broker’s expert as an extra feature. Than we have the Silver account which requires an initial deposit of $2,500 and is the most popular account in the broker’s offer at the moment.
For more experienced traders Opteck has three special accounts: Gold, Platinum and Black. If you would like to become a holder of the Gold account, you’ll have to deposit a minimum of $10,000. For that money you’ll get an opportunity to trade CFD’s (Contract for Difference) with fixed spreads and a private session with a strategic analyst. Platinum account ($25,000) and Black account ($100,000) are made for full-time trading professionals. Many special privileges come with them, such as exclusive position access.
If you’re a Muslim and would like to trade in accordance with the principles of your faith, there’s a special type of account for you: Opteck Islamic account. It has no fees, no interest and no overnight positions.
Obviously, if you want to access all of this, you have to deposit some money. The following part of our Opteck review will check out how deposits and withdrawals work. Keep reading!
So, money transfers. What do you need to know about them? Just like the login procedure, these transactions are also very simple and can be done in just a couple of clicks.
Let’s start with Opteck deposit. In order to fund your account, you’ll first have to log into it. At the top of the screen, you’ll find the green deposit link. After that, you’ll have to choose the payment method you would like to use in your transactions. You can use credit/debit cards, e-money services or bank wire transfers. When it comes to credit cards, you can choose between Visa and MasterCard, but when it comes to e-money services Neteller, Skrill, Yandex many more are at your disposal. If you choose to deposit via bank wire, you’ll have to provide your bank with the company’s bank account details. When the transaction is approved, you’ll receive a detailed invoice via email. The transaction via bank wire can take 3-5 business days. Let’s add that Opteck minimum deposit is set to $250 (the amount needed for a Basic account) and that apart from the USD you can also use GBP and EUR.
No Opteck review can be complete without examining the Opteck withdrawal process, which is also very simple. You’ll have to log in, click the trading room button, click the Withdraw link and enter the amount you wish to withdraw. Opteck minimum withdrawal is $100 for bank wire and $50 for any other payment method, which is quite low when compared to other brokers in the industry. Withdrawals are processed within 3-4 business days. All of the transactions are safe and encrypted with the SSL protocol, but you’ll also have to verify your account, meaning you’ll have to send a scan of your proof of identity, proof of residence and the front and the back side of the credit card (if you use credit/debit cards). Opteck withdrawal fee also must be taken into consideration because it amounts to 3.5%.
Opteck Review | Trading Platforms
We’ve come to probably the most interesting part of our Opteck review: the trading platforms. Everyone knows that this is the most important element of every trading experience. If you have a bad trading platform, the chances of winning go down. If you have a decent trading platform, you have bigger chances. We’re happy to say that Opteck trading platform is more than decent.
It wouldn’t be an exaggeration to say that this really is a superb platform. The very first thing we noticed when we started trading here is its simple design. But not simple in a bad way – the features are organized very logically so you can notice with ease everything you can use in trading. Apart from that, Opteck trading platform has another element that’s important for traders – a very high speed of execution. We cannot emphasize enough how important this is, especially if you’re trading in short terms. When the market is in constant motion, the speed with which a platform executes trade can really save the day.
Opteck platform allows you to access 4 markets: forex, stocks, commodities and indices, and the selection of 1,000 tradable assets guarantees that you’ll definitely find something for yourself. In addition, it has all most important tools and charts and also provides its users with price alerts. You can also trade via Opteck mobile app which can be downloaded from the App Store and Google Play for free. We’ve tested that too and it works absolutely perfectly! It has all the features of the desktop platform, but you can use it anytime you want. If you’re into more dynamic type of trading, Opteck app is the perfect option for you. But before you start investing, you can test everything out for free. How? Find out in the next part of this Opteck review!
Yes, there is a way to try out all the perks of this platform for free! You don’t even have to fund your account to do that – you can simply open an Opteck demo account and start practicing.
Opteck demo provides you with the best way to adapt to a new trading environment and we sincerely recommend you try it, especially if you’re a newcomer in the trading business. This useful feature allows you to trade in a risk-free environment, but everything else is just like using a real account. In other words, Optect demo account is a 100% real simulation of the market you decide to participate in. Therefore, it is a great way to learn, test your knowledge and even develop new trading strategies. Like we said, no deposit is required, so just fill out a short form and you’ll be on your way. But first finish this Opteck review because we have much more interesting features to analyze.
Opteck Review | Margin and Leverage
In this part of our Opteck review, we’re going to say a couple of words about the trading numbers this broker offers. More precisely, we’re going to talk about the terms ‘margin’ and ‘leverage’.
Let’s start with the leverage. Opteck leverage allows you to control more money than you actually have in your account. Not just more money – it’s much more money. More specifically, when it comes to Opteck, your leverage can go up to 200:1. In other words, you can control 200 times more money than you could control without the margin. For example, with only $500 you can control $100000! This makes Opteck a very generous company, so you should definitely take this information into consideration when choosing your broker.
Another term we need to mention in this part of the guide, Opteck margin, is closely related to the leverage. If you open a leveraged position, you will be required to keep a certain amount of funds as your reserve money. This money has to cover your leveraged trade and it depends on the side of your opened positions and their performance.
More detailed explanation of these terms and some more precise numbers can be found in the Opteck education center, which will also be the topic of our next paragraph! Don’t go away!
Opteck Review | Education
In general, trading is quite simple. You’re just following the market’s behavior and trying to predict what’ll happen next. Although the basic rules are easy to understand, if you want to become a professional and make some serious money trading, you should definitely spend some time learning and practicing. Opening an Opteck demo account is definitely good idea, but Opteck education has more options for you to enjoy.
The Education Center consists of four part: video courses, e-books, glossary and FAQ. There are three types of video courses: “Beginners” is made to explain the very basics of trading, “Advanced” is designed to upgrade your trading skills with lectures such as Passive Trading Rule and Market Analysis Types, while “Professional” is even more specific, meaning that it provides you with information on different types of charts and advanced analytical methods. As for the e-books, by reading them you can find out all you need to know about CFD trading. Glossary will also be very useful for beginners because there you’ll find the definition of every common trading term. Simply, you don’t have to worry if you lack experience: with Opteck you can learn everything you need to know to become a successful trader! There is no doubt that you can rely on these people to provide you with an excellent trading experience and we have more proof for that in the next part of our Opteck review. Read on!
One of the most important things when it comes to online trading is the broker’s security. A broker may have excellent terms, great offer of accounts and a modern trading platform, but if it’s not completely safe, you probably shouldn’t do the business with them. There are many brokers on the market today and, unfortunately, some of them have a bad approach to all of this, meaning they’ll try to scam their clients and take their money. However, they are a minority and we’re once again happy to say that Opteck is completely safe and that nothing can happen to you when you’re trading here.
You can read more about that in our Opteck Scam Test, but we’d like to emphasize here that this is a regulated broker. They’re regulated by CySEC – Cyprus Securities and Exchange Commission. That means that they have to follow the strict MiFID (Markets in Financial Instruments Directive) rules. This guarantees that nothing can happen to the funds you’re trading with. As we already mentioned earlier in this Opteck review, every transaction is encrypted with Secure Sockets Layer system, which is an additional proof of the broker’s safety.
As for the data, you don’t have to worry about it either. The company uses the personal information of its clients only to provide quality service and security. Every piece of information is treated as confidential and won’t be shared with any third party. All in all, you can just relax and trade – there’s no way an Opteck fraud will happen to you. With that, we can bring this Opteck review to a close – the only thing left to do is to give a short summary.
Opteck Review | Conclusion
At the end of this detailed Opteck review, we would like to repeat one more time all relevant things we have discovered about this broker. First of all, it’s very simple to become their client because the login procedure can be completed in just a few seconds. The minimum amount that you can deposit with Opteck is $250, which is quite fair, and with that amount, you can become a holder of the Basic account. Also, you can choose from a wide variety of payment methods for depositing and withdrawing money. The broker also offers a demo account, a great (and free) way to familiarize yourself with the platform. The platform is well designed and works without the slightest problem, so you’ll adapt to this trading environment in no time. In addition, the trading options and analytical tools will definitely help you in your predictions, but if you need to learn more about them you can always visit the broker’s excellent Educational Center. With features like this, you can count on great service every time, and the broker even has a CySEC license to prove that.
All in all, we can conclude that Opteck has everything a great broker needs. Open an account with them if you want a reliable partner – you definitely won’t regret that decision.
Opteck is a brokerage company founded in 2011, with its headquarters in Limassol, Cyprus. Since they have been a part of the market for quite some time now, they have many faithful clients trading with them every single day. In this article, we decided to present the way their withdrawal process works. Getting the money you earn is one of the most important aspects of communication between a broker and its clients, so it’s very important that everything goes smoothly. Read our Opteck Withdrawal article and learn everything you need to know about it!
Opteck Withdrawal | Methods and Safety
We will start our Opteck Withdrawal article by taking a look at the methods you can use to access your funds. First, we would like to highlight one thing: the method you used to deposit the funds will also be used for withdrawing this initial deposit, but your profit can be withdrawn via any other payment method. Opteck withdrawal methods, apart from credit/debit cards (Diners, Visa, MasterCard), include bank wire transfers or Skrill, Neteller and some other alternative payment methods (Alipay, AstroPay, TrustPay, UseMyBank, etc). Also, you have to keep in mind that you will get your money in the same currency you used to make the deposit (if you deposited in euros, your withdrawal will be made in euros). In this respect, you get to choose between three options – euros, British pounds and US dollars.
If you’re concerned about the safety of your withdrawals, we can assure you that there’s nothing to worry about. The broker is regulated by a reliable regulatory agency (CySEC) and the clients’ funds are held in separate accounts. Furthermore, the use of the SSL encryption guarantees that no one can access your private data. To learn more about this topic, read our “Is Opteck a Scam?” analysis. But let’s now see how Opteck withdrawal works and what are the numbers associated with it. Stay with us!
Opteck Withdrawal | Numbers and Procedure
The whole process is actually very simple. First, you have to log into your account, and then you click on the Trading Room button, find the Withdraw link and enter the amount of money you would like to withdraw. Keep in mind, though, that you will have to verify your Opteck account before withdrawing (you have to send some documents proving your identity, such as a copy of your ID card and proof of residence).
The Opteck withdrawal minimum amount is set to $100 for bank wire transfers. Other payment methods have their minimum set to $50. As for the fees, 3.5 % will be charged for every withdrawal (if this percentage is below $30, you will be charged a standard $30 withdrawal fee), all the way to the maximum $3,500 fee. It can take up to 4 business days for the funds to appear in your account. For more on this broker’s features, read our Opteck Review 2017.
Opteck Withdrawal | Conclusion
As you can see, Opteck withdrawal is very simple, absolutely safe and offers a whole lot of ways to do it. The numbers associated with it are more than fair, so you really should have no trouble getting your funds transferred to your account. This broker has been a part of the trading industry for years and it clearly shows. Open an account with them and you will be in for a great trading experience!
If you’re a newcomer to the field of forex trading, having a demo account can be a great thing. In this article, we’ll talk about the one offered by a broker called Opteck. This brokerage company was founded in 2011, and they are one of the leading companies in the forex trading business. Read our Opteck Demo Account analysis and see what they have to offer in this respect!
Opteck Demo Account | Benefits
Let’s start with the trading platform. We all know that the trading surrounding is one of the most important elements of every trading process. Some brokers have well-designed platforms with many features, while others take a more simplistic approach. But no matter which one you encounter, you won’t know everything about the platform right from the start. In other words, everyone needs some time to get familiar with a new trading environment, and Opteck demo account is the best way to do so.
With Opteck demo account, you will have enough time to learn everything you need to know about this broker’s platform: which technical tools it offers, what are your trading options, what are the most popular trading features and so on. That’s useful for everyone, especially if you’re a beginner in this type of trading. In addition, you will get a realistic trading experience without risking any money. That’s why we think you should definitely open an Opteck demo account. The next paragraph will tell you how! Keep reading!
Opteck Demo Account | How to Get a Demo
In order to get your Opteck demo account, you will have to complete the registration process. Don’t worry, the procedure is quite simple and it won’t take you more than a couple of minutes to finish it. All you have to do is to enter some of your personal information, such as your name, e-mail address and a telephone number, and that’s it. If you’re concerned about sharing your personal info with Opteck, there’s no reason to be worried: the broker uses the SSL (Secure Sockets Layer) encryption, which keeps the data passed between the web server and browsers private and integral. Our “Is Opteck a Scam?” analysis has more on this. On top of all that, you never have to pay a single cent for this feature. Opteck demo account is completely free and completely safe, so opening it can only benefit you. The more tools you have at your disposal, the better investment decisions you can make. A lot of those tools are offered by this very company, so go and read our Opteck Review 2017 if you want to know more about the offer.
Opteck Demo Account | Conclusion
In the conclusion of our Opteck Demo Account article, we would like to repeat the benefits of opening this account. First and foremost, it is completely free, which means you can enhance your trading experience significantly with just a few clicks. Furthermore, it is also very realistic, so you will get the whole picture of the platform’s capabilities without having to risk any of your trading funds. But Opteck demo account is just a small part of what this broker has to offer. Open an account with them now and see why they’re among the very best in this business.
If you ever traded forex before, you know how dynamic it can be. The market always moves, there’s always a trade you can open or a position that needs to be reconsidered. Sometimes you just can’t wait to get to your computer and do the trading, but if you are unable to do so you can often lose your money just because you don’t have the means to react on time. Fortunately, there is a way now to trade whenever you want. Read our Opteck App article and find out everything you need to know about this great piece of software!
Opteck App | Get it anywhere
First of all, Opteck App is extremely easy to get because it is available for both Android and iOS systems. This means you can find it in both Google Play and the App Store and that virtually all mobile devices can run it. In addition, the app itself is completely free of any charge and will not surprise you with any hidden costs, so you don’t have to spend a single cent on it. You can, therefore, only profit from installing it because you get the possibility to react to market movements for free no matter where you are. So from a business perspective, traders only benefit from this product. But let’s now take a look at what Opteck App has to offer in terms of its features. Stay with us!
Opteck App | Features
You can read about everything this company has to offer in our Opteck Review 2017, but Opteck App adds some very interesting twists to all of that. For example, you can get price alerts whenever the market reaches the conditions that suit you. All you have to do is set everything up, and the app will notify you when the time is right for trading. After that, a trade can be opened in a matter of seconds because of the app’s One Click Trading feature. On top of this, you can also get some very detailed reports about your trades, meaning that you can extract a lot of information from them and make better decisions in the future. Of course, a lot of things can be customized too, so you can adjust the app to look and function just the way you want it.
Opteck App | Conclusion
In the end, we will just go through the main features Opteck App has to offer. First of all, it is available on all mobile devices and completely free, so there are no obstacles to downloading it. It adds a very interesting twist to some features offered by the desktop platform without dropping anything, so you will feel right at home while using it. Fully customizable and easy to use, this app is just what you need for trading on the go. Open an account, download this great piece of technology and enter the world of trading!
Opteck is one of the most popular forex brokers in the business. Founded in 2011 by CentralSpot Trading Ltd, it has acquired many satisfied clients from many different countries over these (almost) six years. But is their level of security good enough for all traders? We conducted a thorough analysis of the system, so if you want to know is Opteck a scam, all you need to do is read on and check out the results!
Is Opteck a Scam? | Broker’s Safety
We decided to begin our Is Opteck a Scam? article by analyzing the broker’s general safety features. Safety is the most important element when it comes to forex trading because, as you know, the industry is quite big, so sometimes you can’t tell a good broker from a bad one right away. Sure, a company can have a fancy website and many attractive things to offer, but if it can’t provide their clients with a trading environment that’s safe and sound, you won’t want to trade with them, now will you?
Fortunately, Opteck is one of the safest brokers we’ve ever traded with. Two things can tell us is Opteck a scam in this part of our investigation. The first one is regulation. Opteck is regulated by a body called CySEC (Cyprus Securities and Exchange Commission), meaning their monetary rules and business practices comply with the requirements of the European Union. This is quite important because only very reliable brokers can get this regulation. The other important fact is that the clients’ funds are held in segregated accounts. In other words, you are fully protected from any loss of capital. Let’s also add the SSL (Secure Sockets Layer) encryption to the list of this broker’s safety features. Because of this, your personal data is extremely well protected at all times, so there’s no way for a third party to gain access to your account.
But there are still many things we have to examine if we want to find out for sure is Opteck a scam or a reliable trading partner. Support is one of them, so stay with us!
Is Opteck a Scam? | Support Team and Education
A very important part of our investigation was testing the broker’s support team. We strongly believe this is one of the most important aspects of any broker – trader relationship. Good communication with the broker’s team can be crucial, especially in case of some technical difficulty. We asked them about various things and used all available methods (phone, a-mail, live chat) to contact them, but we never had any difficulties in getting the answers we needed from the staff. This is very important to note because scam brokers usually do not offer a good support.
Another advantage of this company that has to be mentioned in this Is Opteck a Scam? analysis is the education center. Apart from webinars and video courses on various subjects, there’s an interesting glossary containing every important term from the forex jargon, as well as an FAQ with answers to all crucial questions. If you visit the broker’s trading center, on the other hand, you can read about technical topics such as trading calendars, fundamental analysis etc. Even if you’re new to this type of trading, you’ll become a pro in an instant! For more interesting features like this, Opteck Review 2017 is where you want to go.
In the next paragraph of this Is Opteck a Scam? article, you can find out everything you need to know about the security of money transfers, so don’t go away!
Both deposits and Opteck Withdrawals are very simple to complete with this broker, and we are sure you won’t have any problems during the processes. When people ask Is Opteck a Scam?, this is usually what they have in mind. Like we said earlier, SSL encryption protects all your data, and the policies implemented by this broker are in full accordance with all AML practices. As for the payment methods, you can choose between credit/debit cards (Maestro, MasterCard…), bank wire transfers, Skrill, Neteller and other alternative payment methods (AstroPay, PlusPay, Sofort…). We are very happy to say that we tested every single one of them ourselves and never found a single issue. Simply put, your money will always reach its destination. The minimum amount that can be withdrawn is $100 for bank wire transfers and $50 for other payment methods and it will be paid out in the currency that was used to make the initial deposit. One more thing left to check before we can give a final answer on is Opteck a scam and that’s the trading platform. Let’s get moving!
Is Opteck a Scam? | Trading Platform
Opteck’s trading platform has many advantages: very high speed of execution, great design allowing you to notice important elements with ease and a very diverse trading offer. But the most important thing is that everything runs extremely smoothly and that the prices are constantly updated, so you always have the latest information at your disposal. Never did we encounter any late closures of our trades, any glitches with the execution or any other kind of technical difficulties. You can even test everything out first with an Opteck Demo Account. This is all the more impressive when you realize that the software is provided by TraderSoft, an in-house developer, so you can really be sure that these guys know a lot about this type of trading. It also offers 10 different languages, meaning that no matter where you come from you can expect to easily find your way around here. A free Opteck App can also be easily acquired for all mobile devices. After all this, we really think nothing else needs to be added, and we can wrap this article up with a conclusion.
Is Opteck a Scam? | Conclusion
At the end of our Is Opteck a Scam? analysis, we can only conclude that this is one completely legit broker and a company that will surely provide you with a great trading environment. Opteck’s trading platform is simply amazing, very intuitive and offers many features, plus there’s also a mobile version of it. As for the transactions, you don’t have to worry about a thing: every money transfer is safe and protected with SSL encryption. On top of that, the company is also regulated by CySEC, so go ahead and open an account with them because you won’t find a safer place to trade.
The foreign exchange market is getting bigger and bigger every day, and new brokers keep popping up to offer their services to people who want to start investing. One such broker is Opteck, a company based in Limassol, Cyprus. They were founded in 2011, so we can safely say that they really have a lot of experience in the trading business. If you want to find out what they offer when it comes to forex, just read our Opteck Review 2017!
Opteck Review 2017 | Basic Features
In the first paragraph of Opteck Review 2017, we will present some of the most basic forex trading features this company has to offer. With Opteck, forex can be traded anytime while the markets are open (24/5). The trading is based on the so-called CFD (Contracts for Differences) principle, which means that you make a profit by reference to fluctuations in an asset’s price, without actually owning the asset. It’s also good to keep in mind that forex markets are extremely dynamic, which allows you to open trades with very short expiration times. If you are still a beginner in this field, you can always take a look at some of the broker’s CFD video courses to get a sense of how things work around here. Let’s now move on to the following paragraph of Opteck Review 2017, where we will discuss an element that has a massive impact on your experience – the trading platform. Stay with us!
Opteck Review 2017 | Trading Platform
As most traders well know, trading platforms are absolutely essential when it comes to your trading experience. If they are good, your trades will be smooth; if they’re bad, they can cause some real problems. From our firsthand experience, we can say that Opteck has developed an extraordinary trading platform. It’s very intuitive, so you won’t have any problems with finding the things you need. In addition, user-friendly interface will allow you to organize your account the way you like. One of the most important elements that should be mentioned here is the Economic calendar, which is constantly updated and fully integrated in the platform. There are also real-time price alerts through which you can receive notifications about every asset that interests you. The broker also offers Opteck App, a very useful piece of software that allows you to trade anytime you want. It’s available for iOS and Android devices and very intuitive and quick. Thanks to this mobile trading application, you will be able to react instantly, and we all know that time can be crucial when it comes to forex trading. This company also offers interesting account types, but more on that in the following paragraph of Opteck Review 2017.
Opteck Review 2017 | Accounts
When it comes to account types, this broker really has a great offer. No matter if you’re a newcomer to this industry or an experienced trader, you will most definitely find something for yourself. Let’s start with the simplest account type called Basic. For the deposit of only $250, you will get access to PRO webinars, receive daily market reviews and price alerts, and you will have the broker’s support team on disposal 24/6. We think this is really a great deal for someone who is just getting started in forex trading. Then we have the Bronze account which requires a $1000 deposit. Apart from all the perks of the Basic account, a holder of this account also gets an intro session with an expert from the broker’s expert team. The next type is the Silver account, which requires 2,500 $ to open and is currently the most popular one. There are also Gold accounts (10,000$) and Platinum accounts ($25,000) which give you access to special private sessions with a strategic analyst. Finally there’s the Black account, designed for full-time professionals. To open this account, a $100,000 deposit must be made.
There are also some special types of accounts that deserve to be mentioned in Opteck Review 2017. Islamic account is an account made with Muslim traders in mind, meaning there’s no interest and rollover commissions are set to zero. You can also fully test the platform with Opteck Demo Account without ever having to risk a single cent.
Opteck Review 2017 | Money transfers
There’s one more very important thing that needs to be explained in our Opteck Review 2017: monetary transactions. Let’s first say a few things about the deposit, whose minimum amount is set to $250. Considering that the minimum trade is only 25$, with only one minimum deposit you can trade 10 times! Additionally, there are many deposit methods you can choose between: credit cards (Visa, MasterCard, Diners), Skrill, Neteller, MoneyBookers or bank wire. As for the currencies, you can choose between USD, EUR and GBP. The same method you used for deposit will be used for Opteck Withdrawal. Minimum amount for this process starts at $50, which is a pretty good deal when compared with other brokers because it provides you with a lot of flexibility.
Opteck Review 2017 | Regulations
If you’re concerned about whether it’s safe to trade with Opteck, the answer is ‘yes’. CySEC, the body in charge of regulating them, guarantees that the company is legit. All funds are held in segregated accounts, completely separate from the broker’s own money. The broker also uses the SSL encryption, which means that the information shared with them is completely safe and that no third parties can access them. Besides that, the broker’s site is checked on a daily basis, which is another way to protect your identity. More on this can be found in our Is Opteck a Scam analysis, so we recommend you head on over there if you want to know more about this company’s security system.
Opteck Review 2017 | Conclusion
After everything stated in this Opteck Review 2017, we can only end it on a high note. This broker will provide you with a safe trading environment, but it will also offer you many trading opportunities. Their account offer is amazing, and the trading platform (also available as an app) will definitely help you become a pro in no time. All you have to do now is open an account!