Over the past few year the London-based Opteck broker has put a lot of effort into creating a high-quality binary trading platform and it has definitely paid off. As one of the most open and transparent brokers in the industry, Opteck can be completely trusted. Moreover, their trading platform is excellent, their website packed with extra features, and their banking and payouts far better than most of their competitors.
Software and Features
The trading platform found at Opteck.com is powered by Market Pulse, one of brightest up-and-coming software providers. While the platform may not offer as many extras or types of options as others, one of its biggest pluses is its ease of use. You can trade directly from charts and the interface is almost fool-proof. Mobile trading is also supported through smartphone and tablet apps. The Opteck online bank of educational resources is outstanding, with a giant e-book, video tutorials, and daily market analyses all available. There is also an Opteck demo account, although it is only able to be accessed by customers who actually deposit funds. Customer support is available in seven languages through live chat, or you can request a call from a live agent.
Option Types Offered
One of the traditional complaints about Opteck was their small asset index, however in recent months they have moved to remedy this and at the time of our Opteck review, there were more than 80 indices, commodities, stocks, and currencies available to trade. The types of options are a bit limited compared to some of the other platforms out there. That being said, most traders will be happy with the call/put options, quick options, one-touch options, and option pairs offerings. Payouts are higher than average, with some options paying as much as 95% profit. Some options also grant returns on losses.
Account Types Offered
With a minimum deposit of $200 at Opteck.com, you will get their basic account that allows you to trade options, as well as giving you access to the demo account and educational materials and even a small Opteck bonus. With higher deposits come more prestigious account types such as the Gold and Platinum accounts, which also offer things such as one-on-one coaching, speedy withdrawals, and higher returns on in-the-money trades, as well as a special 100% bonus.
To put it quite simply, Opteck is one of the top binary option brokers in operation today. They have a fantastic platform, loads of resources, a great variety of options, extremely high returns, and the dedication to helping their trader make profits. All of those things together have elevated Opteck to the ranks of modern elite brokers.