Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo

    Only for experienced traders!


No commissions, fixed spreads!

  • Free unlimited demo account
  • Professional charts and technical analysis tools
  • Real-time market quotes
  • Leveraged trading

The World’s #1 Trading App

Download the ultimate trading platform for mobile and manage your trading portfolio on the go.

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One Platform. Endless Possibilities

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Successful traders know that timing is EVERYTHING.

With our powerful Opteck app, you can seize market opportunities as they happen, manage your trading portfolio and get access to the latest financial news – all in the palm of your hand and around the clock!

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Your Security

We use state of the art security measures when handling your account details and your money. Your information and funds are SSL encrypted and securely stored.

24/6 Support

Our dedicated support experts are available at all times to help you with every need or request, no matter where you are in the world and in your native language.

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Investing in Opteck’s derivative financial products may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you afford to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Please read our full “Risk Disclosure Statement”

Opteck © All Rights Reserved.

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo

    Only for experienced traders!

Opteck is a trading name of CST Financial Services Ltd.

Opteck.biz client transactions are being processed by CST PA Services ltd, situated at Ioanni Stylianou 6, 2nd floor, office 202, Nicosia 2003, Cyprus.

Date Trading Hours (GMT)
Monday Dec 26th (Reduced Hours) Open 23:00 (Dec 25th) – Closed at 06:30 AM
Open at 06:00 PM
Tuesday Dec 27th Normal hours
Monday Jan 2nd (Late Opening) Open at 07:00 AM
Tuesday, Jan 3rd Normal hours

Please note: During these dates, certain underlying assets will be closed for trading. Happy Holidays from Opteck


Opteck no longer offer binary options. For a list of alternative brokers, and full comparison reviews, visit our brokers page.

Alternatively, these are our Top 3 brokers based on Ratings:

Nadex Exchange $250 100% » Visit RaceOption $250 90% 100% Deposit match bonus » Visit BinaryCent $100 85% 100% Bonus on ANY 1st Deposit » Visit

Opteck.com is an innovative and unique brand and is one of the leading binary options trading platforms developed by a UK based company with branches world-wide that provides technological solutions for the online trading arena.

Account Information

Starting to trade with Opteck is as easy as 1-2-3.

Play safe – traders are required to provide necessary documents in order to verify the user’s authenticity.

Account opening takes less than a minute and can be done online or with Opteck’s mobile trading application. Deposits and withdrawals are done by Credit/Debit cards, Bank(Wire) Transfer, Web Money, Cash U and Western Union.

Opening a new account requires a minimum deposit of $250.

The Opteck trading experience is fun and simple as it is web-based and there’s no need to download any software or app. In addition, traders can trade on the go with Opteck’s professional mobile application – anytime, anywhere.

Traders can trade with 4 different currencies: USD, EUR, GBP, JPY

Platform features and Markets offered

The Opteck platform contains plenty of educational tools and materials, trading can be done live directly from the charts and traders can trade in the following binary options assets:

Stocks: TOTAL, Facebook, Apple, Google, Coca Cola, Carrefour, Amazon, Baidu, Deutsche Bank, Vodafone, Fiat, HSBC, BP, Volkswagen, Barclays, Alcatel Lucent.


Commodities: Gold, Coffee, Silver, Crude Oil, Corn.

Indices: NASDAQ, DJI, S&P 500, NIKKEI, CAC40, DAX, Kuwait-Index, DFM-IND, DSM20-IND, Tadawul.

Bonuses and promotions

Opteck offers various bonuses and promotions for new traders such as 50% bonus on first deposit and cashback for the 2 first trades if both lost in a row, payouts can be up to 100% and even more. Bonuses may vary per trader’s account type and deposit amount and are considerably generous.

Possible trading types are

High/Low, One Touch, Range High/Low. A trade can take as little as 3 minutes & payout is up to 100% per binary option.

Languages supported

English, Italian, Japanese, Russian, Arabic.

Customer Service

Opteck Customer Service department is available 24/7 by phone with a toll free number, live chat and email mainly in English but also in most of the platform’s supported languages.

Is Opteck a Scam?

Opteck is one of the most recently formed binary options brokerages in the industry. Opteck was founded in 2020 and makes use of the popular MarketPulse platform for trading. Opteck is one of the very few binary options brokerages in the industry that takes pride in their professionalism. Although Opteck is not being regulated by any financial regulatory body, there is no reason to believe that Opteck is a scam. The main reason behind this is their transparent policy and their excellent educational and support services that provide sound advice to all the traders. In addition to these, they provide several different e-wallets to ensure security in all financial transactions.

Opteck Login


We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

Between 74-89 % of retail investor accounts lose money when trading CFDs

Opteck is an interesting choice for those who want to trade forex in a very easy, secure and simple way. But have in mind that the company does not accept traders from the UK and USA.

This regulated broker, due to CySEC’s decision, no longer provides bonuses!

Read our review for Opteck

Registering and logging in is a very easy and simple process, and traders need to provide their data for initial registration. Before depositing, there will be a need for verification, and an email will be sent to activate the account. Then, users should choose if they prefer to use credit card or wire transfer. Besides, traders have to prepare a government-issued ID with a photo, copy of the credit card and some residence/personal bill with name and address.

Opteck has six different account types available for traders, depending on their preferences and possibilities.

Those who want to have a very first taste of Opteck can go for a Green account that requires a minimum deposit of $200. The benefits include daily, monthly and weekly reviews, 5 educational video tutorials, and a signup bonus of 25%, but no demo account.

The Bronze account requires a minimum deposit of $500 and a demo account is offered, along with an account manager and 35% bonus. The next one, the Silver account, requires a minimum deposit of $1000, and all the benefits from the accounts above are given, plus trading signals and one lesson on market liquidity.

The Gold account is suitable for those who want to deposit between $5000 and $9999, and a senior level account manage, trading signals and all the benefits listed above are provided. The Platinum account is for those traders interested in having priority access to senior brokers and additional lessons in chart analysis, as well as all the benefits above.

Finally, the Black account, for those who wish to deposit more than $25,000, offers bonus of 100%, 4 lessons, individual lessons from a chief broker and personal phone calls.

Is Opteck a Scam?

Traders who invest in forex all want to know is trading with Opteck safe, as much as trading with regulated broker can be. We can inform our readers there is no Opteck scam reports to FBO. We are happy we can promote this broker on Fair Binary Options.

With reputation of being a reliable forex broker since 2020, this brokerage claims to make an effort to continuously work on providing traders worldwide the best trading instruments for forex trading journey. Opteck is a part of Centralspot Trading Ltd.

Opteck tries to provide safe trading environment for traders to deposit and withdraw funds without difficulties. Opteck is a regulated broker, who obtains CySEC licence with registration number 238/14. For the past couple of years, we haven’t came across any information of Opteck scam or complaints regarding their business conduct.

Opteck pays attention to offer great support to traders worldwide. While reviewing Opteck, we were surprised of exquisite Opteck Academy, where traders can use a variety of education materials. Since Opteck is allegedly run by team of professionals, their goal is to offer traders to get the most from forex trading by using the best tips and tools while trading with different assets. In case of any queries, traders can contact Opteck on email and live chat to get a fast response. Deposit and withdrawal process is simple and there is no scam activities involved. So far, we haven’t received any complaints regarding this broker to suspect Opteck is a scam.

Opteck Demo

Opteck is a brand of BHNV online Ltd. – a London, United Kingdom based online trading services company. The company’s ethos is allegedly driven by a passion of finance and markets. This is why Opteck strongly states it believes that simplicity, good learning opportunities and professional service are important pillars of guiding their clients.

In order to enhance the knowledge of their clients, Opteck formulated a support framework for traders, consisting of a set of effective tools and features they consider crucial for trading success. The framework consists, as they say, of a demo account offer, a series of educational tools, a cross-platform cloud based trading software, versatile design catering all experience levels and a professional, effective and attentive customer support team.

Demo account is very often an under-reported and under-rated feature when it comes to brokers. In fact, the demo account is an excellent first pillar for the success of the Opteck support framework since it enables traders to

  • use the software and get accustomed to the technical and operational aspects of the platform and
  • apply knowledge gained trough the educational pillar. Traders can use virtual funds to test their technical analysis skills as well as the use of various strategies.

Using the demo account is really simple – although registration and a deposit are necessary. Deposit is requested to ensure traders are serious about trading forex with Opteck. Virtual funds aren’t in any way related to the real money deposit, and can be used to trade virtually. After the demo period is over, the account is switched to the real account and clients can now start trading with more confidence. Along with taking some time to get a grips on some market basics such as technical and fundamental analysis, demo account helps to support clients on their path to master the markets.

What is minimum deposit with Opteck?

To start trading forex with Opteck, traders have to invest $250 of minimum deposit. This deposit amount is standard one in forex industry. Traders who register and deposit with Opteck, get access to their own proprietary trading platform and are eligible for welcome bonus.

This regulated broker, due to CySEC’s decision, no longer provides bonuses!

With Opteck, traders should know that this broker fulfills PCS safety standards and all communication between traders and Opteck is secured by SSL technology that encrypts data.

Traders can deposit in USD, EUR and GBP. It is possible to deposit through several deposit methods with Opteck. This brokerage accepts payments via debit/credit cards, bank wire and e-wallet providers.

  • debit/credit cards – Mastercard, Visa, Visa Debit, Maestro, Diners Club, JCB…
  • bank wire transfer – usual required time for deposit amount to be processed is up to 3 business days. With bank wire, there is possibilities of extra charges, depending on the bank. We advise to contact Opteck account manager for detailed information.
  • e wallets – popular and fast way to deposit money when trading forex. Available e wallets are: Skrill Moneybookers, WebMoney, Western Union, CashU and Neteller. Usual time frame is up to 2 business days.

Traders can choose among 6 Opteck account types to deposit and start forex trading process. With Green account, minimum deposit is $250 and it enables traders to turnover 10 investments at $25. In case of $500 Opteck minimum deposit, traders can get $5000 of virtual money to use it on demo account.

Opteck Mobile Trading

Since Steve Jobs and Apple revolutionized the mobile industry, the innovation continued to spread all around the world, and not just in mobile but also in all other industries. The app economy has become a multibillion deal that has made life easier for more than a billion people using a smartphone today. Finance industry was no exceptions. Banks have used the app to make their services more accessible to their depositors and customers, while forex industry has also seized this opportunity and now all the major platform developers have an iOS and Android app so traders can trade on the go. This is truly a step forward for everyone who spends a lot of time trading forex.

With mobile applications traders can place trades in forex as if they were on their computers. Opteck mobile trading applications are not just some scaled versions of the web interface but a full blown software pieces that have their own interface and usability. It is pretty clear that it has to be so . If Opteck mobile app was the same interface as with the web version, it would be completely unusable since the same design logic doesn’t work as good on a small screen as it may work on a big screen. As Opteck has its own proprietary forex trading platform, they have also developed their own apps.

Opteck mobile apps are available trough the Apple AppStore and Android Market (Play store). So both users of the world’s two biggest smartphone operating systems can use this Opteck mobile trading opportunity. Together these two cover more than 70% of the global smartphone shipments, meaning that Opteck Mobile covers most of the modern smartphone brands and operating systems. Because Opteck needs to follow guidelines of the platform when designing the Opteck Mobile app interface, every user will find it easy to navigate the application.

Benefits of forex mobile trading are endless. The wireless revolution is showing its best face here as there is no need to trade from home anymore. Traders can use the Opteck mobile app wherever they are if there is internet access. Since modern smartphones have not only 3G connection, but also the wlan chip so they can also use hotspots. Not only can traders trade on the go, the fact that Opteck mobile is available on smartphones, means there are no market opportunities out there that will get unnoticed. If there is a market event, traders don’t need to run home so they can take advantage of this. They just take their mobile phones, fire up the app, choose the asset and expiry time and they place trade.

Opteck Bonus

This regulated broker, due to CySEC’s decision, no longer provides bonuses!

The Opteck bonus that offered is used as incentive to for traders new to the business to join and begin to make money using tradingforex. The ability to acquire this bonus and meet the requirements is open to anyone and is an equal opportunity for all. Opteck bonuses are tailored for those who are just starting out in the trading business.

Opteck bonus amount can be as much as 510,000. Opteck bonus offers the highest value of a bonus by any online trading system on the internet to date.

The trader must have a valid account with Opteck in order to qualify for a bonus, as well as an initial deposit, once the account has been verified. The trader’s identity must be verified, and then the trader would need to send a valid request to the support team.

The bonus amount cannot be instantly withdrawn once it is credited to the account; part of the bonus can be withdrawn using a withdrawal request along with their earnings. If further information is required about the bonus requirements, the trader in question can speak with a representative from the Opteck support team. Opteck is a great opportunity for those starting out in the trading business.

Opteck bonus can help everyone gain more experience as they get better and better in trading forex because they have more money to trade with. This great opportunity shouldnt go unnoticed and this is why FBO is including Opteck into its list of best forex brokers and inviting all traters to give them a chance. By taking a bonus traders also accept terms and conditions so they should always thing more than once about this.

a Complete Guide for Binary Options Trading

Logging in to your Opteck trading account is a very simple task that can be done from practically anywhere; their proprietary trading platform operates on a cloud and hence can be directly accessed via a web browser; however, if users desire they can also download it via an app on their laptop or PC. Trader on the go? Not a problem as Opteck’s trading platform also supports mobile functionality for both Android and iOS as well as a downloadable app for tablets as well. The number of platforms that Opteck has made its trading platform available in is truly impressive and really sets it apart from its competitors, many of which do not even offer simple mobile functionality.

Overall, traders using Opteck’s platform should have little to no problems logging into Opteck’s trading platform anytime, anywhere, what with all the various options made available. Given this wide range provided, Opteck is highly suitable for traders who are constantly traveling or perhaps those with a significant commute via public transportation; imagine being able to trade and make money while sitting on the train on your way to work! You could even trade while being stuck in long, boring, and pointless corporate meetings as well, although we here do not take any responsibility for any consequences that may result from such an action.

Is Opteck a Scam?

In the complex world of financial instruments and derivatives, binary options are still considered fairly new and are still viewed in a suspicious light by many in the public as well as by certain regulatory agencies. This is due in no small part to the actions of the binary options brokers themselves, as many of such brokers have been exposed as engaged in various fraudulent or unethical practices; a cursory Internet search will bring up numerous horror stories from disgruntled traders with claims varying from unprocessed withdrawals, arbitrary conditions, and false information provided by supposedly knowledgeable account representatives.

Ever wonder why binary options brokers do not solicit customers from the USA or Israel? Well, the simple answer is that the negative reputation of the industry has led to regulations that any broker wishing to solicit customers from those countries would have to register with the Securities and Exchange Commission or the Commodities Futures Trading Commission in the case of the USA, or the Israeli Securities Authority in the case of Israel. All those agencies have indicated in the past that they would be unlikely to grant any such licenses anyway; in the USA binary options are traded on regulated exchanges instead of through brokers while in Israel it was discovered that most of the unscrupulous binary options brokers were operating out of Israel itself!

This unfortunate characteristic of the binary options broking industry can and should be a major cause of concern for all those who are considering entering binary options trading. They may have researched binary options trading by itself and determined that it was a viable way of generating income, however, they may be put off when they begin to research potential brokers and read the many negative reviews and bad experiences out there. Not to mention that many of the review sites they may find are nothing but obviously biased affiliate marketing websites promoting their favored broker. While there is nothing wrong with affiliate marketing and in fact many such sites are filled with legitimate reviews and resources, after reading numerous highly biased websites, they may become disillusioned with the binary options broking industry as a whole.

That is why that in addition to review sites such as this one, the best and safest option for customers to avoid scam brokers is to select a broker that is regulated by a proper regulatory body as that would not only be a legal sign of legitimacy, but would open up a broker to legal liability in the case of fraudulent practices. The most popular regulatory body covering binary options brokers today is the Cyprus Securities and Exchange Commission (“CySec”), which in 2020 became the first regulatory body to include binary options under the purview of its regulation of financial instruments. Further, due to the European Union financial harmonization directives (known as the MiFID or Markets in Financial Instruments Directive), CySec regulations are recognized throughout the European Union. The second European jurisdiction to enact such a move was the Malta Financial Services Authority; however, it has not gained much traction in comparison to CySec.

So is Opteck a regulated broker? Good news, because the answer is yes! Opteck is indeed a regulated broker, as it is owned by Centralspot Trading Ltd, which acquired the company in 2020 and is a licensed Cyprus Investment Firm under CySec. This is prominently stated on Opteck’s ‘About Us’ section of their website, and they also provide a direct link to the official CySec website proving its regulated status.

So is Opteck a scam? Based on the simple fact that not only is it CySec regulated but also being one of the more established brokers in the market (established in 2020), we can confidently say that the probability of Opteck being a scam broker is extremely low. Any such fraudulent activities are sure to be severely punished by CySec, which is trying to improve its own reputation as regulatory agency by being stricter on investment firms under its jurisdiction. For example, in 2020, Banc de Binary reached a EUR350,000 settlement with CySec for soliciting US customers and failing to disclose an affiliated business enterprise, CySec has also imposed financial penalties on brokers such as ZoomTrader, OptionBravo, and ChargeXP in addition to frequently issuing warnings informing the public that certain brokers have never been regulated under CySec (warnings were issued regarding brokers such as NRGBinary, LBinary, and PlanetOption)

Opteck Demo Account

Demo accounts, which are basically mock trading accounts that allow a trader to make real trades without putting actual money on the line, is one of the best ways for a beginning or aspiring trader to learn the real in-and-outs of binary options trading or simply to gain more trading experience. The bad news is that based on our numerous broker reviews, it seems that only a minority of brokers offer demo accounts to its customers. The good news? Opteck is one of those minority brokers.

Currently, Opteck’s demo account policy is to provide its traders with a demo account with the amount of ‘funds’ in each demo account varying by individual account tier. To illustrate, the minimum deposit amount for a Silver account, its third lowest tier, is $1000, and Silver traders get a $10,000 demo account. The maximum amount of funds offered in a demo account is $50,000, offered to its Black account holders. However, we should note that Opteck does not offer any demo accounts to its Green account holders, its lowest tier, with a $250 minimum deposit. We view this as a slight negative in our overall assessment of Opteck as such beginner traders are the ones who are most likely to benefit from having a demo account in the first place. Nevertheless, on an overall basis, we view Opteck’s offering of demo accounts in a positive light.

What is the Minimum Deposit with Opteck?

Opteck has various minimum deposit amounts based on account tiers, from as low as $250 for a Green account up to $25,000 on a Black account. There are 6 total account tiers and each one has its own minimum deposit amount as well as its associated benefits. We summarize them below:

  • Green – $250 minimum deposit,25% welcome bonus, daily market reviews, live chat and phone support, free access to binary options trading ebook and 22 educational video tutorials.
  • Bronze – $500 minimum deposit, $5,000 demo account, 35% welcome bonus, daily market reviews, live chat and phone support, free access to binary options trading ebook and 22 educational video tutorials, introduction session with a junior account manager.
  • Silver – $1,000 minimum deposit, $10,000 demo account, 45% welcome bonus, daily market reviews, live chat and phone support, free access to binary options trading ebook , 22 educational video tutorials and an introduction webinar on market liquidity, introduction session with a senior account manager.
  • Gold – $5,000 minimum deposit and $50 minimum trade, $15,000 demo account, 65% welcome bonus, live chat and phone support, free access to binary options trading ebook , 22 educational video tutorials and 2 webinars, introduction and strategy session with a senior account manager, 1% extra payout, 20 to 30 daily trading signals, and alerts ahead of big market events.
  • Platinum – $10,000 minimum deposit and $100 minimum trade, $25,000 demo account, 85% welcome bonus, live chat and phone support, free access to binary options trading ebook , 22 educational video tutorials and 3 webinars, introduction and strategy session with an executive account manager, 1% extra payout, 30 to 40 daily trading signals, alerts ahead of big market events, private sessions with a senior analyst and a priority access line.
  • Black – $25,000 minimum deposit and $250 minimum trade, $50,000 demo account, 100% welcome bonus, live chat and phone support, free access to binary options trading ebook , 22 educational video tutorials and 4 webinars, introduction and strategy session with an executive account manager, 2% extra payout, 40 to 50 daily trading signals, alerts ahead of big market events, weekly sessions with senior analysts and a priority access line.

Opteck Mobile Trading

As we have mentioned at the beginning, Opteck’s proprietary trading platform comes equipped with mobile functionality for both iOS and Android operating systems, meaning that the vast majority of mobile users will be able to access and trade on Opteck’s trading platform. Perfect for the busy trader that is always on the move.

Opteck Bonus

One of the ways that binary options brokers use to attract customers is via bonuses. Bonuses are usually free credits provided to a trader’s account, however, we strongly caution against customers viewing bonuses as ‘free money’. As everybody knows, there is no such thing as a free lunch, and blind acceptance of such bonuses without proper consideration can often become a trap for traders. This is because bonuses typically come with a minimum trading volume requirement for withdrawal, and until that trading volume is met, a trader will not be able to withdraw any funds from an account that has been credited with a bonus without paying stiff penalties to the broker.

Minimum trading volumes for bonus-credited accounts are typically expressed as a multiplier of the total account balance of customer deposits plus any credited bonuses with the multiplier usually ranging from 20 – 60x. To give a hypothetical example, suppose a trader, Jack, signs up with XYZ Broker with a $5,000 deposit amount and is given a generous $2,000 bonus, with a multiplier of 50x total account balance in order to withdraw funds. Jack blindly accepts this bonus and begins trading however he soon finds that he is unsuccessful, and wishes to stop pursuing binary options trading.

Jack is in for an unpleasant surprise. Assuming he has lost $1,000 while trading, his total account balance is now $6,000 ($5,000 + $2,000 – $1,000); with a multiplier of 50x, Jack now finds that he is unable to withdraw his funds until he has a minimum trading volume of $300,000! Even though he has already begun trading, his trades are nowhere near sufficient to meet that volume. His funds are now locked in and he has no choice but to continue trading (and potentially lose even more money) or pay severe penalties to withdraw said funds (if it is even allowed).

From the example above, we can clearly see why traders should be extremely wary about blindly accepting offered bonuses. However, Opteck clearly distinguishes itself in this regard, as any minimum trading volume requirement only applies to the bonus portion itself and not the total account funds! Bonuses are also kept in a segregated account until the volume requirement is satisfied, meaning that traders can withdraw their initial deposits (but not the bonus) according to regular procedures even before the requirement is met. This is a huge plus in our opinion, as it indicates that Opteck values customer trust above all, as with this policy, the customer would not feel cheated at having all of his or her funds suddenly locked in just because of the blind acceptance of a bonus (some unscrupulous brokers may even credit a trader’s account with a bonus without even asking or informing).

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo

    Only for experienced traders!

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