Opteck is a global binary broker, who is also available for trader in South Africa. This broker is a brand name of Centralspot Trading Ltd and online since 2011.
As one of the trustworthy binary brokers reviewed by us, Opteck has quickly gather an increasing number of South Africans, interested in trading binary options with this broker.
In this Opteck broker review, we will cover main segments of what a trader should know before starting investing in binary trading. Traders will be able to get valuable information about payments, trading features and how to contact this broker.
Opteck Binary Options Trading in South Africa
It is important to mention how Opteck is a regulated binary broker.
Our Opteck broker review revealed us how they use own software, which is not so common among binary brokers. Their platform is really simple and new traders can easily search for needed infor without worrying what to look for and where to find it.
To ensure traders a positive trading experience, Opteck uses SSL encryption technology.
As seen on trading platform for Opteck review, this broker has prepared a set of trade options to choose from, such as High/Low, 60 Seconds, Range Options and One Touch. Each trade needs and expiration time and therefore, available times of expiry with Opteck are: 30 s, 60 s, 5 min, 30 min and 1 hr.
South African traders can choose from 50 primary assets, based on stocks, indices, commodities and currencies. The user-friendly platform has explained trading procedure step by step. Whenever a trader selects an option, the detail is given in menu below the chart. Due to this feature, it becomes convenient for traders to have an eye on ongoing trades.
Opteck Demo South Africa
Our Opteck broker review revealed how this broker offers an excellent and useful trading service: a demo account.
Opteck demo account is one of supportive option that is designed to give a lot of benefits to South African traders. Trade in risk free environment persuades traders to practice various trading options with full concentration.
Opteck broker offers $1000 to place maximum trades in a secured environment. As a result, traders get aware of trading strategies without losing a single penny. Availability of virtual money $1000 makes it easy for South African traders to use a wide range of tools to invest funds in indices, currencies, commodities or stocks.
The Opteck broker review has clarified the bonus system and its wagering terms. Whenever traders meet the turnover compulsions, the trading platform releases the promised bonus. As soon as the terms and conditions regarding the trade are accomplished, the bonus is transferred from trading account to bank account. It is traders’ choice to trade with the bonus or cash out the amount.
Trading services to increase the payout ratio are available to please the investors in South Africa.
In this regard, mobile trading is one of the useful tools that work well with Apple and Android devices. Opteck mobile app feature is playing vital role in binary industry since it is complimentary for traders who cannot stay at home to place trades in binary options.
Now, it is trouble-free for professionals to login mobile version and receive updates round the clock.
Opteck Scam South Africa
In the last couple of years, we haven’t noticed any issues or transgressions on the part of Opteck in regards to safety or banking. Their platform provides enough valid information so South African traders can see Opteck pays attention to ensuring safety for registered traders.
This transparency and attention to detail show there is no Opteck scam.
Usually, brokers who don’t have any terms or policies listed are most likely a scam, since valid information are the most important part of successful and innovative binary trading process.
This broker is regulated which means that a regulation authority monitors Opteck’s business conduct on financial markets. This also comes as proof of a non-existing Opteck scam, since regulatory status implies that brokers conduct transparent business.
Opteck Trading Accounts South Africa
Apart from demo account, there are several other accounts to support traders from all levels.
It is objective of Opteck broker to provide a platform that can understand needs of South African traders.
For Muslim traders, Islamic accounts are on hand that do not charge any interest. Islamic accounts can be customized as per individual preferences.