Opteck was an established Forex broker, which was originally founded in 2011.
Opteck is owned by Centralspot Trading Limited, located at: 28th October Street, Lophitis Business Centre, Office 102, 249, Limassol, Cyprus. Their phone number in Cyprus is: +357 22 007 264. Their email address is firstname.lastname@example.org, and for trader complaints email: email@example.com, or read this.
If you plan on using an auto-trading system, it may be a scam, learn why.
Opteck Platform Review
Opteck uses the TraderSoft trading platform for CFD and Forex trading. They have available more than 1,000 underlying assets from Forex, Stocks, Commodities and Market Indices. You can choose from five different account types.
The minimum deposit for a start account is $250, and for large accounts with balances over $10,000 they offer pip spreads of 1 – 3 points. You have a choice of using either the web based desktop trading platform, or you can download their mobile trading app for Android or iOS. New traders can get a demo account, once they have a real trading account (you will need you customer service representative to fund it for you).
Opteck License & Regulation
What we look for when we review CFD or Forex brokers to determine if they are a legit broker or a scam broker is very simple. Are the licensed and regulated by a competent government regulator like CySEC in Cyprus, ASIC in Australia or FCA in the United Kingdom.
Opteck.com received their license number 238/14 from CySEC on May 2nd 2015. Opteck is one of the few brokers that actually has a complaint department because they take complaints seriously. Traders can email complaints to: firstname.lastname@example.org.
Opteck.Biz is regulated in Belize by IFSC, with license number IFSC/60/377/TS/17, under the company name CST Financial Services Ltd.
Compare Forex Brokers
When choosing a Forex broker it is very important to check the they are actually licensed for traders in your country. With hundreds of brokers to choose from, traders usually choose one of the best brokers, see here.
What was your trading experience with Opteck like? Please leave your review in the comments below.