Author: Shelly Burns
Broker Specialist
Shelly Burns

Opteck Review 2019

Our endorsement of Opteck has been REVOKED.

We recommend you view our top rated US websites.

Opteck Logo
2.7
Poor
  • US Traders
  • 70+ Assets
  • 2-4 Day Payouts
  • Low Deposit
Demo: Licence:
Deposit Methods: Visa MasterCard Neteller Skrill
Risk Warning / Ad Disclosure

Risk Warning: The trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never trade money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Opteck Summary

Opteck is a user-friendly and streamlined platform developed to create an efficient and innovative trading system for customers around the world. Due to their enticing selection of account types, it is possible to find the kind of trading account that best suits a traders needs, wants and individual experience level.

Visa MasterCard Neteller Skrill
Risk Warning / Ad Disclosure

Risk Warning: The trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never trade money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Our Expert Rating
Accounts
2.4
Trades
2.6
Bonuses
2.7
Mobile
2.7
Banking
2.8
Features
2.7
Support
2.8

Introduction

Introduction

Opteck is owned by Centralspot Trading Limited Limited and registered in 2011, they have a main office located in Cyprus. As a Cyprus Securities and Exchange Commission regulated broker, they take safety and security seriously, operating under license number 238/14 and using SSL encryption protection. Through the protection of firewalls and adherence to security regulations, Opteck provide a safe and secure trading environment for both new and more experienced traders.

Opteck provides an intuitive and straight forward platform for traders of all skill levels. Their goal is to provide a simple yet profitable process with an abundance of educational materials and high quality customer service.

Traders value Opteck as a broker for their attitude toward simplicity and usability. From a technical perspective the platform has been designed to work in the most effective and fluid ways possible. The team work to create an easy to use platform in combination with an extensive selection of educational resources to develop a trading platform that is both functional for professional traders as well as simplistic and enticing for novices who are just starting out.

In this review, you will learn:

  • How to make the most of this broker's accounts
  • What educational content Opteck provides
  • Why the platform prides itself on simplicity
Opteck Screenshot Opteck Screenshot Opteck Screenshot
Risk Warning / Ad Disclosure

Risk Warning: The trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never trade money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Account Types

2.4
Account Types

Opteck continues to deliver through simplicity by offering six different account types with escalating and varying benefits. This structure makes it easy for traders to quickly assess the most suitable account type for them. In addition to the six standard tiers, there is also a free Opteck demo account as well as separate Islamic accounts.

Green Account

As the most basic account option, the Green Account is an excellent starting point. Providing educational resources alongside customer support, the Green Account also offers a 25% starting bonus to traders meeting the criteria.

Bronze Account

Building up from the Green Account, this option ups the welcome bonus to 35% and also includes an e-book, a $5,000 demo account, and a personalized introduction session with an Opteck Junior Account Manager.

Silver Account

Touted as Opteck's "best value" account choice, the Silver Account packs a punch with a wide array of added benefits included. As well as all features offered by the Bronze Account, silver also includes an introduction webinar, a $10,000 demo account, 10 to 20 Trading Signals a day, a 45% welcome bonus and an introductory session with one of Opteck's senior account managers.

Gold Account

For an even larger array of features, the Gold Account builds upon silver by increasing the welcome bonus to 65%, the demo account to $15,000, and 20 to 30 Trading Signals per day. Additional webinars, resources and both introduction as well as a strategy session with a senior account manager is also included.

Platinum Account

The Platinum Account ups the game once more for more professional and experienced traders with the benefit of an introduction & Strategy session with an Executive Account Manager to really get started on the right foot. With an 85% welcome bonus, $25,000 Demo account, 30-40 trading signals each day as well as a handy +1% additional payout. But it's the private sessions made available with senior analyst as well as a high-priority access hotline that take this account type to the next level.

Black Account

For traders who are really serious about what they are doing, the highest tier Black Account offers an impressive 100% welcome bonus, $50,000 demo account, 4 Illuminating webinars and between 40 and 50 trading signals per day. Black Account brings the fully tailored experience with a priority access hotline and regular sessions with one of their senior analysts.

Supported Languages
Arabic
German
English
Spanish
French
Italian
Dutch
Polish
Russian

Trade Types And Payouts

2.6
Trade Types And Payouts

Opteck provides excellent information and support to trade simply and effectively across over 70 asset choices and the payouts provided range up to 85%. They stay true to their simplicity model and place their focus on a limited number of trading options, including a fully featured demo account for all users.

High/Low Options

Opteck focus mainly on high/low trading, the most commonly used trading type, where traders have the option to call or put on an asset.

One Touch Options

In one touch trading the asset does not need to stay above or below a certain rate, just needs to touch upon it.

Range Options

Range options allow a trader to choose whether they believe an asset will end up within a predetermined range.

Speed Trading

Quick options mean traders can participate in fast trades ranging from 30 seconds up to 60 minutes.

This well designed, easy to use platform takes pride in it's excellent functionality.

Bonuses And Promotions

2.7
Bonuses And Promotions

Opteck pride themselves on a variety of bonuses and promotions on offer. With each incremental tier of membership type, traders can begin with a welcome bonus ranging from 25% up to 100%.

In addition to welcome bonuses for both new members, This broker is frequently running other promotions, competitions and Opteck bonus opportunities to keep traders both new and experienced on their toes and incentivized.

Mobile Trading

2.7
Mobile Trading

Trading on the go is made popular and accessible thanks to Opteck's cloud based responsive platform. All you need is an internet connection and the mobile responsive browser based app will work across all your devices without needing to install any special software.

However, if dedicated software is preferred, then Opteck deliver. With mobile apps for both Android and iOS (iPhone and iPad) as well as PC software and bespoke tablet apps, no matter the device, there is a trading platform to suit a wide variety of needs. Grab it for free at the Apple App Store or Google Play Store depending on your device.

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Deposits And Withdrawals

2.8
Deposits And Withdrawals

Traders are provided with a multitude of options for both withdrawing from, and depositing into Opteck. Their minimum deposit at this time is set at $250.

Withdrawing your funds is secure and fast and Opteck support a range of currencies as well as a good selection of withdrawal methods, such as cashU, credit cards, webmoney, and bank wires. All withdrawals bring with them a 3.5% service fee, and the maximum withdrawal service fee cap is $3,500. Platinium, black and VIP account holders receive their first withdrawal at no charge. We deposited and withdrew funds on two occasions and there were no withdrawal problems for our reviewer.

Special Features

2.7
Special Features

One of the most notable special features of Opteck is their commitment to guidance and education. With a comprehensive education and information center, traders of all account types have easy access to an abundance of learning materials, right at their fingertips. Different account types also come with additional learning materials such as e-books and illuminating webinars.

Guiding customers through processes and strategies is a feature offered through varying levels of check in, support and strategy meetings. Depending on account level, varying from introduction sessions with junior account managers all the way through to weekly sessions with senior analysts.

As well as comprehensive client service and support, traders are often impressed by Opteck 's clean and intuitive interface that runs smoothly across a multitude of platforms.

Customer Support

2.8
Customer Support

The high level of customer support contact provided is one of the key selling points of this trader. 24 hours a day friendly customer service personnel are available to help with questions, comments and trouble shooting.

Customer service representatives can be contacted via phone, email or live webchat from the website or one of the many other device platforms. Opteck strive to create a supportive and educational customer service environment and do so through providing additional expert support.

Through the different account types, different levels of support become available. The higher tier platforms get access to a range of customized and on call personalized customer service and dedicated support, as well as introduction sessions with both junior and senior, depending on account type, account managers.

As well as the accommodating range of customer support available, Opteck plays host to an abundant training and education area which through a variety of online resources as well as a comprehensive FAQ, help traders to improve their knowledge and strategies.

Here are the contact details for Opteck:

  • Email - support@opteck.com
  • Phone - +35 722 007 264
  • Address - Centralspot Trading Ltd, Lophitis Business Centre, Office 102, 249, 28th October Street, Limassol, 3035 Cyprus

Conclusion

2.7
Conclusion

We're going to complete our Opteck review here. Opteck is a user friendly and stream lined platform developed to create an efficient and innovative trading system for customers around the world. Due to their enticing selection of account types it is possible to find the type of trading account that best suits a traders needs, wants and individual experience level.

This easy to use platform takes pride in functionality, and is created by a team of expert traders who wanted to replicate what they feel is most important in a trading platform - efficiency, usability and functionality. It's on this front that Opteck delivers and sets itself apart from the crowd.

During our numerous test carried out we didn't find any red flags or serious complaints that would imply this broker isn't legit or involved in scams and with a variety of bonuses and incentives offered, Opteck is an attractive option for traders who want to maximize their potential through the use of numerous welcome bonuses and other competitions.

Providing comprehensive training and educational resources is a core focus for this brokerage, who compile a wide and informative variety of training materials spanning online documents, ebooks, webinars and a large number of archived frequently asked questions for curious traders to refer to.

Opteck is committed to providing exceptional customer service through multiple channels, and providing users with a practical range of different account types and tiers. Thanks to a commitment to practicality and simplicity, this trader is an excellent choice for those seeking a fluid and effective way to trade.

Risk Warning / Ad Disclosure

Risk Warning: The trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never trade money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Frequently Asked Questions

Opteck FAQ

Is Opteck legit, will they scam me?

Opteck are a well-respected broker that have been in the industry for some time. All brokers are checked out before we make our recommendations.

Do they have a decent mobile or tablet app?

The website is optimised for mobile. For those that prefer an app there is one available. when you log onto the mobile site there is a button which will allow you to download the app.

What bonus do they offer new traders?

The bonuses range from 25% with the green account, 35% with the bronze account and then it goes up in increments until you reach the top account which is the black account and offers a whopping 100% match bonus.

Can I start trading on a free demo account?

Yes, with 6 accounts, comprising of the green, bronze, silver, gold, platinum and black, the size of the demo account ranges from $5,000 to $50,000.

What's the minimum deposit and trade amount?

They have 6 accounts starting off with the green account which requires the $250 deposit. The minimum trade also depends on the size of the account with the absolute minimum being $25.

Meet The Author
Shelly Burns
Shelly Burns
Broker Specialist

Shelly is proud of her current position as Head of Brand for a well-known organisation that owns several brokerages in the trading sector. She’s consulted for us since 2015 and readers can benefit from her insider knowledge of how brokers work. Learn more.

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