Opteck Review

Introduction: Get Acquainted with Opteck

Opteck is one of the world’s leading online binary options brokers. They are well established (founded in 2011) and have a solid reputation for competence and professional integrity. Opteck has recently launched an exciting new multi-purpose trading platform that gives traders instant access to both CFDs and binaries. We were impressed by what we’ve seen and reckon that Opteck have just staked a claim to being the future of forex trading and options trading.

CFD Trading Online – A Simple Explanation

If you’re new to online trading the terminology can sometimes be confusing. In fact, the principles are very simple.

CFD is an abbreviation for contract for difference. Investors trade on the price movement of financial assets (without actually owning the underlying asset).

1. Open a BUY position on your chosen asset when its value is low and close the trade when its value is high (vice versa on a SELL position).
2. The difference in the two values (initial and final) is your profit and is instantly credited to your trading account.

Binary Trading for Beginners

Binaries are a hugely popular form of investment that use a range of financial instruments to speculate on the market performance of an underlying asset. Traders seek to identify trends and predict whether an asset will rise of fall in value within a specified time period – this could be as little as 30 seconds or as long as 1 month. Options trading at Opteck can be extremely lucrative, with some traders earning returns (profits) of up to 400% on a single trade.

Begin your Online Trading Career

There’s a bottom line with all forms of online trading: trust. You are depositing your money with a broker and trusting them to hold it for you in a secure account. You are also trusting them to provide a secure trading environment, that follows the markets on a split second time frame; and provides technology that will allow you to trade as effectively as any professional investor.

Opteck is a regulated broker that holds traders’ funds in segregated accounts. It is operates under EU financial regulation and is subject to regular audits and strict oversight. We’ve been with Opteck for years and have never had a problem with them. The few minor glitches that did occur were quickly resolved by their superb customer service team.

Opteck Trading Accounts

Opteck understands that ‘one size does not fit all’. They have a very flexible approach to account management encouraging traders to choose an account type that fits their experience level and trading budget. All the accounts are free to open and they all come with a welcome bonus and the core Opteck benefits.

• Basic
  A basic account offers a 20% Welcome Bonus and delivers the core Opteck benefits of
  1. 24/6 Support
  2. Opteck Academy
  3. Daily Market Review
  4. PRO Webinars
  5. Price Alerts
• Bronze

  Bronze traders get a 30% Welcome Bonus and an intro session with a trading expert

• Silver

  The Silver account is the most popular with new traders. We believe that it’s the best all round starting point for trading and the 40% Welcome Bonus gives you a lot of freedom to try different trading strategies. Binaries traders get an extra 1% payout on all trades.

• Gold, Platinum and Black Accounts

  These are Opteck’s special accounts for high budget investors. They offer extra payouts on binaries worth up to 3%, special fixed spreads on CFDs worth up to 4% and private sessions with strategic analysts.

  We recommend that you speak to an Opteck advisor if you are interested in opening a Gold, Platinum or Black account. They will help you to assess your trading goals and explain to you how to get the very most out of the investment process.

  Don’t worry if you can’t afford to open a high budget account. Many of Opteck’s top traders started with other accounts and worked their way up to Black Account level as their portfolios grew.

Islamic Account

Opteck offers Muslim traders free Islamic Accounts for CFD online. The accounts guarantee a full trading experience that is free from haram activity such as riba. As an Islamic trader you will have access to forex trading, options trading and the core Opteck benefits. Opteck also run tailored promotions for Islamic Account holders.

Demo Account

Opteck likes its traders to begin online trading with a free demo account. It is basically an ordinary trading account, but instead of investing with your own money your receive virtual funds from Opteck. Think of it as a 100% realistic trading simulator that lets you make mistakes and learn without losing money.

Deposits and Withdrawals

Ok, you’ve opened an account and made some successful trades – now you want your profits! The good news is that account management is simple at Opteck. You can deposit and withdraw funds at any time and are spoiled for choice when it comes to payment methods.

• Credit/Debit Card
• Bank Wire Transfer
• Skrill
• Neteller

There are also more than 25 other payment methods that you can use for deposits and withdrawals. The customer service staff will help you to with your account management and ensure that you have fast access to your money.

Bonuses and Promotions

Online trading (whether it’s forex trading, binaries trading or CFD online) is a serious investment and you should approach it as a business if you want to succeed in the long term. That said, trading should also be fun. Opteck wants its traders to stay with them and is very willing to extend a helping hand in the form of welcome bonuses, as well as seasonal promotions and extra bonuses before major economic events. These change all the time and it’s worth signing up for emails and newsletters.

Conclusion

There are loads of brokers offering all kinds of deals and making all kinds of promises. We’re sticking with Opteck because we know them and like them. Over the years we built up a good relationship with their analysts and customer care team. The key advantages of trading with Opteck are:

• Outstanding new trading platform with binaries and CFDs under one roof
• Wide range of global assets
• Very Competitive payouts and additional benefits
• Top quality customer service
• Good promotions and bonuses