Opteck Broker Reviews and Full Information

What is Opteck?

Opteck is a brokerage company which aims to offer a an easy and unique setting for seamless trading. Therefore, technological innovation , including advanced platforms, analytical charts and smart portfolio reports and even news are readily being developed and improved to an extremely high degree.

Opteck was discovered in the year 2011 with its its headquarters were in Cyprus However, in order to assist customers at any time they need it Opteck maintains offices all over the world.

Opteck Review

10 Points Summary

Headquarters Cyprus
Regulation CySEC
Platforms Opteck WebTrader
Instruments CFDs on stocks, forex commodities, indices, and forex on a fixed spread basis without commissions
EUR/USD Spread 0.3 pip
Demo Account Provided
Minimum deposit 250 USD
Base currencies EUR, USD, AUD
Education eBooks, video courses and webinars, daily market reports
Customer Support 24/5

Instruments

The market offer includes CFDs for trading on stocks, forex commodities, stocks as well as indexes via an fixed spread basis , with no commissionsand live market quotes. But, as the broker makes it easier to trade, they don't provide thousands of options or the entire market options, but have selected the best market.

Markets are accessible via the platform for trading that is proprietary that offers a simple yet powerful system that allows for simple and easy trading.

Education

Of course, to be a successful trader, it is necessary to acquire skills through training and trading. Hence the Opteck help their clients in this regard by giving them giving them access for free to their collection of videos, eBooks webinars, weekly market reports and much more.

The broker believes clients are in control of the portfolio, so their responsibility is to assist clients in this regard. In addition, dedicated support experts are on hand 24/7 to help their clients with any request in a variety of languages.

Opteck learning

Is Opteck secure or is it a fraud?

Opteck is in compliance with the most stringent rules of regulation that create the safety of trading in a secure environment and provides a safe and secure trading experience for you as a trader are treated according to international law. Opteck is a trade name for Centralspot Trading (Cyprus) Ltd. which is approved and licensed through the Cyprus Securities and Exchange Commission (CySEC).

Opteck license

Another entity associated with Opteck lies in the offshore zone BVI and is not recommended for trading with, even if it is the sole authority that is able to license the broker. Because Opteck holds an extra license with the European regulator, it can be thought to be a secure portfolio. Furthermore, the company distinguishes the funds of its clients from their own funds by placing them in separate accounts.

The broker also employs security measures when handling accounts or money All information is SSL encrypted and safely stored.

 

Trading Platforms

The most critical aspect to consider in trading markets is timing, and Opteck created an advanced system that can quote the most current market prices without delays. The broker offers its own prices for trading that are taken from independent price providers.

Opteck trading system is custom-designed proprietary technology that offers endless possibilities for desktops, smartphones as well as tablets. The platform lets you trade using the most advanced trading tools, live data, and lets you trade with a fast execution. It also comes with many options and instruments.

The platform has an friendly design that is easy and easy to use. Numerous graphs, marker news, and expert trading indicators are integrated within the software.

Opteck platform

It is the Opteck platform has actually been awarded numerous times for its capabilities and speed of response. Its 100% customization allows the trading of CFDs and markets with innovative features that provide the ability to access markets instantly.

Furthermore, Opteck brings an advanced application that allows you to take advantage of market opportunities when they occur to manage portfolios and accounts as well as information with ease and convenience right from your smartphone.

 

Types of accounts

Opteck created 6 accounts which are loaded with tools that can be adapted to your trading requirements and of course the level of knowledge. The account types include Basic Gold, Bronze, Silver Platinum, Gold as well as Black accounts that differ in terms of deposit requirements and the terms for trading, which means that when you have the greater size of the account, the customer will receive an improved fixed spread.

This is the Black Account designed for exclusive customers only. It is an account that is completely custom-made with exclusive features discussed between the customer and the business.

Opteck accounts

Additionally, Opteck created a unique account that allows traders from all over the world to trade, while adhering to Sharia rules. This means that it is an Islamic account has no charges, no swaps or rollover commissions and no overnight trades.

 

Fees

Opteck spreads are as described to be as large as the account size, the more spread is offered for example, the average spread offered of EUR/USD would be 0.03 You can also check out the some of the most popular pairs below.

Always think about rolling over or an overnight fees as a price that is around -0.00987 when you are trading short on Eur/Usd and -0.00125 on long ones that are held for more than one day. Also, you can look at fees with another well-known brokerage Amana Capital.

Asset/ Pair Opteck Spread
EUR/USD 0.3
Crude Oil WTI 5.5
Gold 75 cents

Opteck EURUSD

Opteck Leverage

When trading using Opteck you can utilize the power of leverage in your tool that can increase the chances of making gains quickly due to its potential to open multiple accounts at first. However, you must learn to utilize leverage effectively because leverage can also increase the risk of losing money too.

Opteck leverage offer is defined by a variety of measures and is first set in accordance with the requirements of the regulatorsin the region or to another.

When you trade with a global Opteck company allows you to utilize higher leverage levels such as 1:400 or 1:500or even greater by confirming the status of your profession.

  • If, however, you reside in Europe or are trading with an European entity Opteck in the course of your business, you must adhere to the ESMA regulations which reduced leverage to a maximum of 1:3 for Forex instruments and 1:10 for Commodities, etc..

 

Deposits and Withdrawals

Opteck collected a range of payment methods that permit you to deposit or withdraw money via a simple method that covers the vast majority of payment options all over the world. This easy and secure method can be used with credit or debit cards and Bank Wire Transfersand many other electronic payment methods See the image below for more details.

 

Minimum deposit

The minimum amount of deposit will depend on the type of trading account you select with Opteck which is why the initial grade type - Basic requires just 250$ to beginning, which is a great benefits for beginners to trading. The higher and further grade types of accounts, the minimum amount varies from 1k$to 2.5k$ , or even 25k$ to get Platinum benefit.

Opteck deposit

Withdrawal

For the withdrawal or deposit charge customers with a Platinum or Black accounts get the first withdrawal free of charge. 3.5 percent is charged on all withdrawals other than the first.

 

Conclusion on Opteck

After the Opteck review, the conclusion points to the simplicity of the entire procedure, which the company provides and chooses as their main option. In the present, trading can be an extremely confusing investment because of the variety of offerings instruments, tools and markets.

However, Opteck brings a easy choice of a proprietary platform with powerful markets for trade, and an excellent education and assistance by the firm.

Any size of trader are welcome to join the firm since minimum deposit is not too low to begin with and the pricing for trading is will be based on the set spread with a competitive rate within the market. In general, the business does not offer sophisticated features or tools to "impress" but stick more to the basic and real procedure in trading.

Of course you can let us know your opinion on Opteck or Opteck. Share your experience with us, either pros or cons or contact us to request additional details

Summary
Properties Values
Name
Opteck
Minimum Diposit
$ 250
Leverage
1:30 | 1:500
Regulation
CySEC (Cyprus),,
Headquarters
Cyprus
Established
2011
Address
Ioanni Stylianou 6, 2nd floor, office 202, Nicosia 2003, Cyprus
Platform
MT4 WebTerminal,MT5 WebTerminal,,
Payment Method
Visa,Mastercard,Credit Card,Wire,Skrill,Neteller,,
Overview
Properties Values
Spreads
0.3 pips
Min Position size
0.01
Broker Type
MM ( Market Maker),STP (Straight Through Processing),,,,,
Account Type
Mini account,Fixed Spread,Standard,,
Brokers by Country
Cyprus Forex Brokers,,
Techniques
Scalping Forex Brokers,Hedging Forex Brokers,Mobile Trading Brokers,Day Trading Brokers,,
Instruments
Forex Trading Brokers,Futures Trading Brokers,CFD Trading Brokers,,
Account currency
USD,EUR,GBP,AUD,JPY,,USD,
Tools
Charting Software,,
Website Languages
en,,
Support languages
en,,
Bonus
Yes
Reviews Rating
3.2
Withdrawal Fee
Yes
Trading Signals
Yes
Free Education
Yes
Daily News
No
Demo account
No
Swapsr
Yes
Pors
1. Opteck is well-regulated	
2. Leverage offered is quite adequate	
3. Variety of accounts offered	
4. Zero commissions on trades	
5. Tight and variable spreads	
6. Islamic Account option provided	
7. Various ways through which Customer Support can be contacted	
Cors
1. Services do not cater for global clients, there are restrictions depending on the country of origin.
2. MetaTrader 4 and/or MetaTrader 5 trading platforms not offered.
3. No demo account option.
Display Analysis
Yes
Serving country
CY,,
Not Serving country
AU,US,,
Contests
Yes
Market analysis
Yes
Copy Trading Brokers
No
Bitcoin Forex Brokers
No
Social trading
No
Web trading
Yes
Forex pairs
Yes
CFDs
Yes
Crypto
Yes
Hedging
Yes
PAMM
PAMM,MAMM,Myfxbook Auto trade,Mql5 signals,,
Mobile Trading
Yes
Scalping
Yes
Automated Trading
Yes
Partnership Programs
Yes
Free Phone
+551131975974
Customer Support
24/5
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