Our Review of Opteck.com
Opteck.com is a site that offers commission free trading based on both the latest options trading software and real time updates on finance and stock market related news.
Account Types + Opening
There are a wide variety of accounts to choose from, including basic, bronze, silver, gold, platinum and black. Silver is the most popular whilst black offers the most benefits (such as a 100% welcome bonus compared to a 20% welcome bonus with a basic account). However, the accounts with the most perks on Opteck.com will cost more to hold - as is usual with binary options trading sites. This online broker also offers an Islamic trading account.
Promotions, Sign Up + Deposit Bonuses
As mentioned above, the initial deposit bonus that you can get with Opteck.com will depend on the type of account that you hold, but the minimum is 20% and the maximum is 100%.
Commissions and Fees
There are no commissions associated with Opteck.com, which many traders find especially attractive, but of course the site will require money from you in the form of an account fee.
Trading Platform Review & Mobile Apps
Though there is no app version of the Opteck.com site, there is a mobile version which is handy if you want to trade whilst you are commuting or otherwise out and about. The site itself is slick to look at and packed with information - for instance in the Education Center, traders can learn about everything from recent trading news to how to use binary options software to their best advantage.
Deposits & Withdrawal Methods + Ease
Deposits and withdrawals can be done very easily, using numerous methods. Debit and credit cards from all the major companies are both accepted and traders can also use an online account with a company such as Skrill or Paypal. Banks wire transfers are also an option here. When withdrawing money, you will need to have verified your identity with a document such as a passport, and you will also need to withdraw a minimum amount (which can be as low as £50, depending on the type of account that you hold with Opteck.com).
Regulators & Safety: Are they a reliable, legitimate broker or a scam?
Opteck.com is regulated by IFSC, which is situated in Belize. They are a legitimate broker, though the fact that they are regulated in Belize which is widely used as a tax haven may be important to know if you want to know how your money is being used.
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