Opteck is an established binary options broker owned and operated by the Cyprus firm of Centralspot Trading Ltd. They are also licensed and regulated by CySEC.
In operation since 2011, Opteck uses a MarketPulse trading platform. Opteck also offers great binary options trading educational material to help new traders understand the binary options trading process.
Opteck has a wide range of assets available for traders,
Opteck Deposit Terms & Conditions
There are a wide variety of deposit methods at Opteck. The minimum deposit is $250, and you can use your debit or credit card, bank wire or one of many web payment services such as NeTeller, Skrill, WebMoney and more.
To follow anti-money laundering regulations, traders will be required to supply compliance documents before they can withdraw any of their funds. It is recommended that you do this immediately upon depositing.
The needed documents will be:
- A copy of a government issued photo identification
- A copy of a recent utility bill showing your name and address
- A copy of the credit card used to deposit
Traders must be at least 18 years of age.
Opteck Bonus Terms & Conditions
While a trader can receive some nice bonuses from Opteck upon deposits, it is wise to consider your obligations before accepting any bonuses.
To be able to withdraw any bonus money you receive from Opteck, you must trade a volume of 40 times the bonus amount you received.
So, if you received a $100 bonus, you must trade a volume of $4,000 before you can withdraw that bonus money.
Opteck Withdrawal Terms & Conditions
Opteck is good about processing withdrawal requests quickly as long as you supplied the compliance documents that are required (I listed them earlier in this article).
The minimum withdrawal amount at Opteck is $50. They do also charge a withdrawal service fee of 3.5%.
Opteck processes withdrawal requests in 3 to 5 business days, and funds are deposited back into the same account the trader used to deposit.
So, to guarantee a fast and reliable withdrawal, be sure and send in your compliance documents upon registering with Opteck.