Opteck Minimum Deposit – Binary Broker Review

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Opteck Minimum Deposit

Opteck is one of the most popular binary options brokers, that was founded in 2020, powered by the Marketspulse platform, which includes a web based and mobile version. Opteck works on windows, mac, web and mobile (iOS and Android). Opteck is regulated by the Cyprus Securities and Exchange Commission (CySec).

The minimum deposit on Opteck is only $250 which is industry standard. They offer 85% payouts. Unfortunately traders from the United States are not accepted on this broker site.

Opteck has a very secure and safe web-based (you don’t have to download any software) trading site that offers a great and private trading experience. The platform itself is very user friendly and you can trade currency pairs, indices, stocks and commodities.

When signing up to opteck, not only will you receive a welcome bonus, but you will have access to the Opteck Trading Academy, 70+ Tradable Assets and 60 Second Trades are also available on Opteck.

Deposit and Withdraw methods:

Opteck accepts deposit and withdrawals with Credit/Debit Card, Skrill, Wire Transfer, Western Union, WebMoney, and CashU. Depositing always went smoothly and the funding is instant with most payment methods.

Withdrawing your money is just as simple as depositing:

  1. Log in to your account
  2. With the ‘Widthdrawal’ button
  3. Choose the amount you want to withdraw and pick the payment methods

Minimum Withdrawal Amount

If you want to withdraw your funds, you should know that the minimum amount you can withdraw is $50 (and it’s $100 for wire transfers). If you have a Platinum, Black or VIP account, then your first withdrawal is free.

Please note that all brokers require some documentation (copy of ID etc.) when making a withdrawal request. This is a security measure to make sure that the money will go back to you.

Much much time does it take?
As said before deposits are processed instantly with most payment methods, however withdrawals take up to 4 days.

Opteck Review – Is opteck.com a good binary options broker or a scam?

Opteck has ceased offering binary options in 2020 and has concentrated on CFDs trading services.

Basic Information

Minimum deposit Min./Maxbet size Payout % Bonus Regulation
$250 $25/$10 000 Up to 83% Welcome 20% – 80% CySEC

Opteck is a Cypriot Binary options broker, offering trading in wide range of financial assets on its proprietary platform.

This is one of the brokers, clearly placing a focus on training. Opteck has posted a number of video courses on its website, as well as a free e-Book, and Glossary.

Trading Accounts

Clients of Opteck may choose from several account types, depending on how much money they are willing to invest upon sign-up: Basic, Bronze, Silver, Gold & Platinum.

Best Binary Options Brokers 2020:
  • Binarium
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    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
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  • Binomo
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    2 place in the ranking!

Min. initial deposit

In addition, the brokerage also provides Islamic account, intended specifically for Muslim traders.

The Company. Security of Funds

Opteck is a CFD and binary options broker, offering online trading in currency pairs, indices, commodities, and stocks. Opteck is a trading name of Centralspot Trading (Cyprus) Ltd. authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) since 2020.

The Cypriot financial watchdog applies a set of rules and requirements to license holders in order to provide a certain level of security in forex and binaries trading.

Like UK-based brokerages, regulated companies in Cyprus must hold a minimum of €730 000 in order to prove their good financial standing. Moreover, all licensed brokers are members of the Investor Compensation Fund, which may cover tour investment loss to a maximum of 20,000 EUR per person in the event that the broker becomes insolvent. Such compensation schemes serve as an additional guarantee to clients’ funds.

Furthermore, as CySEC is part of the European MiFID regulations, and the companies regulated by the Cypriot financial watchdog are free to operate in all EU Member States.

Trading Conditions

Trading Options: Quick options, High/Low, Range and One Touch

Assets: Currencies, Stocks, Indices, Commodities

Expiration times: ranging from 60 seconds to 1 month

This broker does not offer Long-term options, nor Pairs & Ladder for trade. Copy trading services are also unavailable with Opteck.

Minimum Initial Deposit

The minimum initial deposit for clients of Opteck is $250, which is average. For example, OptionRally, another CySEC-licensed broker, the same amount from traders to open an account.

Min/Max bet size

The minimum bet size with this broker is on the upper end of average, amounting to $25. In comparison, with OptionRally,one can place a trade with just $5. Such low minimum bet sizes provide better risk management.

Depending on the Trading Options and expiry times, payout percentage offered by Opteck varies. The profit range of High/low options on EUR/USD is between 64% – 83%, which is average for the binary market.

OptionRally, in comparison, offers higher payout amounts – from 70% to 90% – and also provides refund on losing trades of up to 15%.

Trading Platform

Clients of Opteck are offered the broker’s proprietary platform, desktop and mobile versions available.

The platform is easy to use and is equipped with integrated charting package, economic calendar, fast one-click trading option and real-time price alerts.

Welcome bonus from 20% to 80% of the initial deposit is available to clients of Opteck, which

are redeemable, provided the required volume has been traded.

Methods of Payment

Opteck’ clients are provided with a variety of payment methods: Credit/Debit cards, Bank Wire and e-payment systems such as Skrill, Neteller, WebMoney, Yandex, Qiwi, AstroPay, MonetaRu, sporopay, Sofort, PlusPay, HalCash, and others.

Note that the minimum withdrawal amount is $50 ($100 for wire transfers) and withdrawals take between 3-5 business days.

Additional fees

Keep in mind that clients of Opteck are charged with some additional fees:

– – monthly maintenance fee of $7.50 (a monthly account charge encompassing all services and features available for traders);

– – profit clearance fee applies to successful trades or those sold for profit with binary trading.

The profit clearance fee is determined by the total profit of the successful binary trade:

– – $250 or less = $1.50

– – $1,001 – $2,500 = $4.00

– – $2,501 or more = $5.00

Conclusion

Opteck is a licensed binary options broker, offering a variety of assets on its in-house platform under reasonable conditions. However, we find that same advanced features are missing and there are additional fees. To sum up the above, here are the advantages and drawbacks in relation to this broker:

Competitive payout percentage

Lack of advanced trading options and features

Just 20% welcome bonus on Basic account

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for Opteck

Spread

Slippage

Requotes

Price feed

Platform

Deposit/Withdraw

Customer service

Summary

please pay me back my money

Since I activated my account and nothing is happening, no call just quiet what is going on people

scammed

I was scammed by Opteck.biz

Opteck son estafa

Buen dГ­a, revisando la pГЎgina me encontrГ© con este sitio, me asombrГ© al ver que tienen dentro de sus mejores broker a OPTECK, claro ya no hacen binarias pero les contarГ© mi experiencia con esta empresa que me llevo 20k, sin ningГєn remordimiento, esta empresa que trabajaba con una filial o subempresa, como quieran llamarle, y que trabajaba con su licencia de registro, de nombre VipOption, me imagino que habrГЎn oГ­do de ella, que dejГі a muchas personas en la calle, el agente de cuentas intervino mi cuenta y en media hora realizГі 19 comercios y dejo mi cuenta en 0, nunca mГЎs VipOption respondiГі, y averiguando lleguГ© a los Sres. de Opteck, quienes reconocieron que esta seudo empresa trabajГі con ellos bajo su misma licencia, no obstante, como en todos los casos “No se hacГ­an responsables”, reclamГ© al regulador y nunca respondieron como tal, salvo una vez que una mujer me escribiГі un correo pidiendo mГЎs informaciГіn y de ahГ­ nunca mГЎs supe del “regulados”, lo cual me incita a pensar que son parte de este “juego” de fregar a las personas, total como nada pueden hacer, es mГЎs fГЎcil estafar.
Tengo todos los antecedentes que desenmascaran a estos “delincuentes”.

Translated by Google:

Good day, reviewing the page I found this site, I was amazed to see that they have OPTECK within their best broker, of course they do not make binaries but I will tell you about my experience with this company that took me 20k, without any remorse, this company who worked with a subsidiary or sub-company, whatever they want to call him, and who worked with his registration license, named VipOption, I imagine that they heard about it, that left many people in the street, the account agent intervened my account and in half an hour he made 19 stores and left my account in 0, never again VipOption answered, and finding out I got to the Opteck Messrs, who recognized that this pseudo company worked with them under their same license, however, as in all cases “They were not responsible”, I complained to the regulator and never responded as such, except once a woman wrote me an email asking for more information and from there I never knew about the “regulated”, which incited me to think that they are part of this “game” of scouring people, total as nothing can do, it is easier to cheat.
I have all the backgrounds that unmask these “criminals”.

Lost USD13000

I lost USD13000 with them. Firstly its hard to withdraw money. They will want you to open trades if you want to withdraw. They offer bonuses, but you will never get it or withdraw it. They will let you open many trades at once and will bring your money to almost zero. They do scams in a legal way. I wanted to withdraw $6000 which was left from USD13000. This lady said i can’t wiithdraw. The money was sitting there for few months. I tried again and this guy came and ask to me open trades and from $6000 to $300 . Money gone
Let the Karma work.

Opteck Review

Overview

Opteck review Trading binary options on the Marketspulse binary option platform of Opteck is easy for everyone. Opteck just exists 3 years but is already very popular among binary options… more

Details

Broker Opteck
Website URL www.opteck.com
Founded 2020
Headquarters Seychelles
Support Number +357-77-788316
Support Types phone, live chat, email: [email protected]
Languages English, Polish, French Russian, Polish, Japanese, Arabic and Italian
Trading Platform Marketspulse, Mobile App, Web trader
Minimum 1st Deposit $250
Minimum Account Size $250
Minimum Trade Amount $10
Maximum Trade Amount $5000
Bonus 50% upon first deposit
Payout 85% on standard binary options
Free Demo Account Open Demo
Regulated
Regulation Opteck is regulated by CySEC
Account Types green account, bronze account, silver account, gold account, platinum account, black account
Deposit Methods wire transfer, instant bank transfer, credit card, Neteller, Skrill/moneybookers, Western Union
Withdrawal Methods wire transfer, instant bank transfer, credit card, Neteller, Skrill/moneybookers, Western Union
Number of Assets 120+
Expiry Times 60 seconds, 120 seconds, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, end of trading day, end of trading week, 7 days, end of trading month
Types of Assets forex, commodities, stocks, indices
Option Types binary options, one touch options
Trading Currency You can trade all major forex pairs, most minor forex pairs and even exotic forex pairs like USD/RUB on Opteck
Account Currency €, $, £, ¥
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 6.4

Full Review

Opteck review

Trading binary options on the Marketspulse binary option platform of Opteck is easy for everyone. Opteck just exists 3 years but is already very popular among binary options traders worldwide. Opteck offers a clear and user friendly trading platform available by smartphone, tablet and PC. People new to binary option trading can use Opteck as a binary options broker because the broker gives it’s clients a lot of education material for free and even trading signals to increase overall chance on successful trades.

Opteck deposits and withdrawals

Because Opteck is a regulated binary options broker all clients funds up to $20.000 are covered by a compensation scheme handled by CySEC. A minimum deposit of $250 or more is required to trade binary options on Opteck. Funds can be deposited and withdrawn to and from Opteck by wire transfer, instant bank transfer, Skrill/Moneybookers, Neteller and Western Union.

Opteck binary options

Buying or selling a binary option on the Opteck binary options trading platform is fairly easy and done in three easy steps. First of all choose the forex pair, stock, commodity or index you want to buy (call) or sell (put) a binary option on. Then choose the wat you think the trend will go (up or down) and your expiry time (in which timeframe this trend will continue). Finally decide the amount you want to invest in the binary option and click ‘open trade’. Now wait and sit back until the expiry time or browse the available assets to buy or sell another binary option.

Opteck customer service

Opteck has a very reliable customer service available 24/5 in English, Polish, French Russian, Polish, Japanese, Arabic and Italian. The customer service is available by phone, fax, email and live chat and will help you out with any question regarding binary options trading or deposits and withdrawals on the Opteck binary option trading platform.

Opteck review conclusion

Opteck doesn’t offer a free demo binary options account to try the platform out with or to get familiar with binary options trading. When you make a minimum deposit of at least $250 you will get a separate demo account though. Upon your first deposit you will get a welcome or first deposit bonus of 50% of your total deposit in bonus cash. This welcome bonus and bonus money you need to play through by investing it in binary options until the threshold is met. I think Opteck is a good all-round binary options broker.

✓ 85% payout on standard binary options

✓ up to 500% payout on one touch binary options

✓ Loyalty program – the higher your account, the higher your payouts!

✓ Reliable and regulated binary options broker

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

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