There’s no doubt Opteck’s Binary Option offering is impressive. With a user friendly web based trading platform and trading interface arranged ideally to make the navigation task quick and easy, You will find all the tradable assets classified with specific categories tabs enabling you to select the assets with just a couple of clicks.
Nevertheless, it is during trading that one is able to see the true potential of Opteck Binary trading platform. With the cutting edge technology behind the trading platform, traders are able to hold market positions as depicted by the charts. This allows traders to be on top of things as even the slightest price fluctuations can mean a difference between profit and loss.
Regulatory framework affecting Opteck
Although the binary options market had been gaining popularity among retail traders all around the world, the regulatory framework governing this over-the-counter (OTC) market is practically non-existent or still in their infancy. This is not to say financial regulations are not important for this fast growing segment of the financial market. Clients of binary options brokers need to be reassured that their funds are safe with their brokers and that they will conform to a minimum standard of fiduciary duties.
Most newly established binary options brokers like Opteck would prefer to be subjected to financial regulations on a voluntary basis as this will enhance the credibility of the broker. Nevertheless, in the UK where the holding company of Opteck trading platform is located, there is still uncertainty as to whether binary options are covered by the legal definition for “Options” within the ambit of the Financial Services and Markets Act 2000. Because of this ambiguity, Opteck is not regulated by the Financial Services Authority (FSA) nor does it claim to be. In fact, in the UK, some binary brokers are regarded as providing ‘financial betting’ and hence regulated by the Gaming Commission. Later on this review we will look at the measures Opteck have taken to ensure the safety and security of client’s funds.
Nevertheless, given time, the binary options market will see a more structured regulatory framework that will cover the European Union. Currently in Cyprus, where many binary options brokers are located due to the favourable tax rates, there is a strong inclination by the Cyprus Securities and Exchange Commission (CySEC) to want to regulate the binary options trade. In fact, CySEC had recently classified binary options as falling under the jurisdiction of the Investment Services and Activities and Regulated Markets Law of 2007/09. It goes to follow that once Cyprus have laid the ground work for regulating this market, financial authorities in other leading European economies will want to follow suit.
For Opteck’s clients, they can get returns averaging 85% for their investments. In certain situations, the returns can go up to as high as 100%. What is nice about Opteck trading platform is the fact that even if the trades were unsuccessful (out-of-the money), investors still get a chance to recoup 15% of the initial amount they invested.
Assets available to trade:
With Opteck, traders can trade in binary options for Forex, Stocks, Indices and Commodities. There are over 50 underlying assets covering the US and European markets. Although the quantity is not as enormous as offer some of the competitors, Opteck has chosen only those assets which have gained huge popularity among binary option traders worldwide. With expiry times ranging from 15 minutes to 24 hours Opteck offers enormous opportunities to create flexible trading strategies which would satisfy the demands of both skilled traders and those who are new to the world of binary options.
Below is the list of some of the tradable assets:
In addition to English, Opteck website is also available in 4 other major languages:
Opteck Trading Platform Features:
One Touch Trading
With One Touch Trading, a trader only needs to be concern with whether the strike price is above or below a predetermined level. He does not have to concern himself with how long the price level will sustain itself.
High/Low Binary Options:
With High/Low Binary Options, the aim is to see if the strike price is below or above a predetermined level.
Long Term Binary Options:
Traders can stretch their trades over the next business day
15 minutes to 24 hours Expiry times
The flexible expiry times helps traders to reap quick gains without having to wait by the sideline for extended period of times.
Advantages to trading with Opteck:
The advantages of the Opteck Trading platform include:
In terms of security, Opteck Binary Options Platform have implemented a series of measures to ensure that their trading platform is fully secured. These measures include:
As for reliability, the trading platform is stable and all trades can be executed without any problems or delays. There is a slight delay between trade execution and trade execution confirmation but this is to be expected.
Managed by seasoned professionals in the financial markets, the Opteck trading platform offers tremendous opportunities for traders to create trading strategies that will suit those who are experienced in the binary options market as well as those novices who are just starting out to trade. With all the trading tools provided by the team at Opteck, traders will get the chance to maximize their investment opportunities regardless of the price oscillations in the market.
Education and resources
Another noteworthy aspect in which Opteck strives to be the best is the educational site dedicated to market analysis and trading. There you can get all the market info to suit your trading needs such as daily and weekly reviews, market outlooks as well large assortment of educational articles covering everything you may need to facilitate easy and profitable trading. The site is run by a team of professional market analysts who have a record of employment on stock and currency exchanges. Part of the team is working in trading signals department which is dedicated to maximizing the winning chances of the customers by providing them with up-to-date changes in the oscillations of market assets so that they can pick appropriate time for opening a position.
Company Contact Details:
Opteck registered office is located at 788-790 Finchley road, London, NW11 7TJ, UK.
Email Address: firstname.lastname@example.org
Local UK toll free: 0800.170.0209