Review of Opteck Binary Options
Opteck is a binary options broker that is catered to providing educational tools, trading platforms, market analysis, and a wide variety of trading instruments for investors of all experience levels. Most of the free trading tools available are designed with newer traders in mind, as the user-friendly trading platform is easy to operate by these with even limited binary options experience. The company is securely regulated, with trading offices located in many parts of the world. The company’s offices in Singapore aim to cover the Asia-Pacific region, and continue to expand globally.
Opteck has highly advanced proprietary options trading software that allows investors to access the markets through either a web-based platform or a mobile platform. The software has passed several efficiency standards tests and the company prides itself on superior trade execution even during time of the highest market volatility. The interface is very straightforward and users are able to open, close, and manage positions in real-time. Markets like the Singapore Dollar can be accessed and actively traded, as the trading platform includes a wide range of assets for for active traders.
Opteck also offers a free demo account that will allow new traders to access live markets under live conditions without the risk of losing real money. Traders are provided with a virtual currency balance that allows you to access markets in stocks, indices, and commodities (such as gold and oil). The binary options demo account includes all of the features seen in the live trading platform, and this enables traders to practice with the software and develop a winning strategy without risking any real money.
Education and Analysis
One of the best features of the Opteck system is the company’s dedication to education and financial analysis that is provided free for all traders. Many binary options brokers simply want you to deposit money and trade on your own. Opteck is not like this, as they make available a wide library of trading education materials for binary options in their free Education Center. Additionally, their expert market analysts provide daily commentaries in technical analysis and fundamental news drivers that are likely to influence the market each day. Opteck’s free education and analysis features make up some of the best aspects of their total platform offering.
Bonuses and Promotions
Opteck is also dedicating to providing regular promotions for its clients. The latest offering is truly original, as the company is giving a 50% discount on its daily trading signals. These signals can be directly copied by your account. Expert trading signals can help you to avoid unnecessary losses when you are still new to binary options trading, so this discount is a highly valuable feature of the Opteck platform.
Overall Rating: 9.5/10
Overall, the Opteck binary options platform gets a 9.5 out of 10. Its expansive global reach (in Singapore and beyond), wide access to markets, superior trading platform and generous bonuses set it above many of its industry counterparts.