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- Opteck Review - Read What People Say
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Is Opteck a Scam? Opteck is regulated and you can easily locate their physical address.
In any case, ThatSucks. This is of course a bad sign and the negative reviews from their clients losing lots of money confirms this.
Show Sidebar Using optek for binary options trading in the usa singapore In addition, plenty of brokerages may offer demo scam format India accounts.
So basically, if you have only 50 dollars in your account, it means you have zero funds left! Which might be why their traffic has been falling.
Find users complaints below, continue reading this review or get started with a trusted broker now. The thing that bothers me the most about Opteck is the above-average number of complaints made by their clients, and a very detailed one as well.
More than 20 pages of discussion most of those are complaints only on right here below at thatsucks. I do see some of the complaints being resolved, sometimes a bit too late but the majority are left unanswered.
WARNING! This broker is not recommended.
Since our last update the number of complaints has gone up, it looks like regulation alone is not enough to make Opteck one of the top tier brokers.
Putting the complaints aside, the horrible fee structure alone dealing centers with a cent account scare away any client. Opteck is regulated by CySec and right from the start I could see they are transparent and I can easily get information about the company that owns the website and also their physical address, a thing that should be adopted by all brokers.
The problem however is their reputation and all the warnings from regulators against them plus the latest fine sanctioned by CySEC in as we explain further below. The platform used by Opteck is TraderSoft, which is known to be very user friendly and intuitive; you can trade directly from the chart by clicking on the buy or sell buttons.
There are candlestick charts and a handful of technical tools for analysis.
AF45 UV Analyzer
Update August Live Chat support is not willing to… support at all and answered my questions with predefined copied text. I did however not manage to sign up so it is true what customer support said. I also asked whether they offer webinars since they advertise it on the front page.
This broker offers to all traders the unlimited trading opportunities: a wide range of the most popular items more thanthe lucrative action, a world famous and most quoted indexes currency. Any trader, even a novice, with ease and comfort can begin to trade, invest and implement profitable deals, easily and comfortably, not to mention the experienced professionals.
This is really unprofessional and there are many better brokers who offer free and fast withdrawals and no such fees and if I were you I would try to look for them instead. They do offer a mobile platform too. Checking their list of assets you can see that the spread varies from asset to asset. Even 7 pips is way too high so I am not sure who wants to trade with such a high spread.
Opteck Complaints Most complaints are very detailed and seem very authentic. Some complaints have been taken care of by Opteck Support, which I find great, but not enough. Recently, real reviews about optek option can see that not only have many regulators issued warnings towards Opteck and a fine but there are still many serious complaints which make them look like a bad broker.
You can also search for Opteck on our main page select magnifying glass icon and you will notice how often they appear in our scam watch articles, April, June, August, September, December scam watch and also noticed in our news articles on regulators issuing warnings against Opteck. The latest fine is from Opteck Regulatory Announcements and Real reviews about optek option 8. Source: MBSecurities.
Source: BCSC. Source: FSMA. Be Source: ASIC. Au Source: AMF-France. Looking for a Safe Broker in the UK? Check out our Trusted Brokers now.
Withdrawal can be done in the same way as deposited, up to the minimum deposit amount. The rest of the profits could only be withdrawn through bank-wire. Update August Processing time is on average 3 to 5 working days and a fee of 3. More fees… In addition, if the 3.