Opteck Review 2017
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!