Opinion about Opteck

IMPORTANT: At the moment, Opteck is not accepting new customers. However, in our domain you will find an entry with the best online brokers of 2021 to help you choose a portal that suits your needs while ensuring secure transactions and operations.

Do you want to invest in Opteck? I'm sure you'd like to find out first if it's a scam. Fortunately, you can rest assured that this is not a scam or scam. Nothing could be further from the truth, as it is a broker regulated by the CySEC that has the relevant license.

In this review you will find our opinions about the investment offer that you can find on their website. We will talk to you about the available assets, customer service and above all we will try to help you clear all your doubts about security.

Our experience with Opteck

The investment experience is mainly related to three factors: the availability of assets, how easy or difficult it is to invest in the interface and security guarantees. From there, other aspects may make small differences, but complying with these three bases, the vast majority of users will be satisfied. In this case, the experience can only be positive, since in general the broker meets expectations. It allows you to trade both binary options and CFDs, and it does so in an intuitive and practical way with a large offer of assets. Keep reading the following sections to find out everything.

In online investing, the choice of a good trading intermediary company is essential. Therefore, before continuing with our opinion about this investment platform, we invite you to visit the page with the best CFD brokers , from it, you can access both our reviews and the official websites of each one.

Is Opteck a scam?

Opteck is not a scam.

Questioning the safety of brokers is a very healthy exercise that all investors should do. In fact, that is the reason for being of our website, along with preventing users from falling into scams.

In this case, the company is based in Cyprus and also has a license from CySEC, which is the financial authority of that country. This gives us good guarantees that we are not facing fraud. To begin with, any company operating in Cyprus is entitled to do so in the rest of the Dollarpea Union. In financial matters, the EU is characterized by having very strict regulations, among which MiFID stands out a lot. Of course, the Cypriot jurisdiction has to transpose these regulations, and the companies that fall under it comply with absolutely all the clauses established in the directives.

In addition, in the hypothetical event that the broker does not comply with its obligations, users will have an institution with which to lodge their complaints: the CySEC, which will ensure that everything has been done in accordance with the regulations, and whose decisions will bind the company, which must comply with them.

Investment offer

As we already anticipated above, the available offer is quite good. Firstly, you will be able to invest in two different types of financial instruments: binary options trading and CFDs . If you decide to register, you can choose between six different account types that depend on the deposit you want to make. The most basic is for a deposit of $250 and the most complete, called Black account, for one of $100,000. The main functionality of the latter with respect to the most humble accounts is that it gives access to a greater number of assets.

Other interesting aspects of the offer that we analyze here are the demo account that is also unlimited, the educational section, which is more complete than that of other competing brokers, as it includes four ebooks and more than 30 short videos. In any case, as we always say, this training does not replace any type of economic studies, but simply serves to clarify the most basic concepts.

CFDs

We were saying that when investing, the availability of assets is very important, so let's see what underlying we can invest in with CFDs thanks to this website.

As usual in the market, the offer is divided into forex or currency pairs, indices, stocks and commodities. Specifically between currency pairs or forex, you can choose between 45 different combinations, of which 12 correspond to the dollar, which goes well beyond the usual and includes, for example, some more exotic like the Dollar / Mexican Peso pair. With the indexes the offer is much more humble and only 12 are included. For New Zealand investors, the absence of the IBEX 35 is striking, and the truth is that the diversity of indices is an aspect to be improved. The offer of shares is very good, as it exceeds 90 and in this case there is New Zealand representation with Telefónica, Gas Natural and Endesa. Finally, as a complement, you have 7 raw materials, which although it would be improvable, exceeds the typical trio gold, silver, oil, so it's not bad at all.

Binary options trading

Let's start now with the binary options offer. You can choose from four different types. First of all, the classic binary options, which are called high/low here, because you just have to guess if the asset will end up with a higher or lower price than the price it had when you made the trade. Very similar to these are the so-called on-demand binary options or fast binary options. The difference is that you can select expiration periods to your liking that can be 30 seconds, 60, 5 minutes, 10, 30 and an hour. Next we find the one touch options. In them, it should be predicted whether the asset will at some point touch a certain price, regardless of whether it then continues to fall or rise. Just by touching the price at some point, it will be enough. Finally, there are the range options, in them, you must say if the price will end up within upper or lower limits or outside of them.

Depending on the account types, the returns of binary options are increasing. Thus, in the Silver account that is obtained with a deposit of $ 2500, you have a 1% increase in profit, until you reach the extra 3% of the Black account.

Welcome bonus

There are not many CySEC regulated brokers that still offer welcome bonuses and this is one of them. So if you are fond of this type of promotions we recommend that you hurry up, since we do not know what will last.

The bonus depends on how much money you deposit and, therefore, on what type of account you open. Below we put a small summary in the income - bonus percentage format.

• 250 $ – 20%
• 1000 $ – 30%
• 2500 $ – 40%
• 10000 $ – 60%
• 25000 $ – 80%
• 100.000 $ – 100%

The terms and conditions do not specify the volume of trades that must be made to release the bonus. However, they carry out a practice that we like and avoids many problems. It is simply that they do not release the bonus until the conditions of it have not been met, in such a way that the client always knows the money he can withdraw and misleading situations are avoided, where an account has a large balance, but all or a large part of it corresponds to bonus money, which until it is not released is little less than fictitious. Not here, here what you see is what you have and when they give you something it's because you can already make the withdrawal. Of course, in this way the funds of what you deposit are always free to be withdrawn and are never compromised by the bonus conditions. Therefore, we think it is a very interesting bonus.

Opteck payment methods

It is important that the broker allows you to enter and withdraw money in different ways, so that in case one does not work for whatever reason, you always have the option to carry out the desired operation. In this particular, the company fulfills amply since to bank transfers and credit or debit cards, it adds a large number of electronic wallets. You can see them in detail in the image available below.

With the exception of Platinum and Black accounts, that is, from $ 25,000, the company applies fees for each withdrawal of money. These fees assume a minimum of $ 30 for any withdrawal or 3.5% of the withdrawn money, applying in each case the amount that is greater. Undoubtedly a negative factor in a broker like this, which offers a good service, but whose fees can cost us quite a lot of money.

Opteck safety and regulations

We are clear that Opteck is not a scam, but is it safe? Here we will try to answer this question.

To find out if the broker is safe we must look again at its license. The number of it is 238/14. The company is registered under the number 325259 under the name Centralspot Trading Ltd. As for security, having a license assures us that the broker's clients are covered by a compensation fund, when the former does not carry out the obligations related to the license correctly. This coverage reaches $ 20,000 per client and includes, for example, company insolvency problems.

In addition, there are other more important guarantees related to investment and operational. First of all, transactions between users and the company through the web are encrypted with SSL technology. In addition, again due to the license, the company must guarantee that it does everything possible to avoid conflicts of interest between it and its customers and that when these occur, they do not affect the latter in the least. They are also obliged to execute orders in such a way that they are as beneficial as possible for customers.

For all this, we can say that it is a safe broker, with which you can trade binary options and CFDs with the peace of mind of doing it through a serious company.

Customer service

The customer service is another positive point for this investment platform, since it is of good quality. You can contact them from Monday to Saturday 24 hours a day and you can do it by phone, you can even request a call, by live chat, contact form, e mail or traditional postal mail. It highlights that for Spanish speakers there are several phones available. In addition to the New Zealand that you can see in the table at the beginning of this review, they also have Colombia phone: 5715088494; Mexico: 525585259427; Panama: 5078347211; Chile: 56229382098 and Peru: 5117085623.

Functionality of the website

All this would not make sense without a good website, but there is one here. When trading you have an integrated graphics package, which will allow you to do basic technical analysis and a price alert system that can be very useful to follow the markets. You can also check some basic statistics of your trading, such as your most profitable trade, the average investment of the winning positions and some other details. The truth is that this information is more useful than useful for a true analysis, but it is a small addition. In short, a perfectly functional website that allows you to invest quickly and easily, without distracting factors.

Mobile application

The mobile applications, available for Android and iTunes, allow you to trade on both instruments, binary options and CFDs, in a totally versatile way. Deposits and withdrawals can also be made, making it a perfect complement to the web. You will be able to access the educational section, watch the videos and save your favorite assets, to see their quotes and evolution easily. It's a good app.

Finding

Opteck is a broker where you can deposit money with confidence. It has a good range of assets, a nice interface, a good mobile app and a fairly wide customer service hourly coverage. Perhaps the biggest problem is that 3.5% commission for withdrawals. However, it will always be better to pay a commission and trade with a safe broker without the risk of fraud, than to fall for a scam by opting for the cheapest broker. In our opinion, this company is worthy of trust.