Opteck is owned by Centralspot Trading Ltd, located at , 28th October Street, Lophitis Business Centre 1, Office , CY Limassol Cyprus. The registered office of the Company is situated at 6 Tassou Papadopoulou, Office 22, Agios Dometios, Nicosia, Cyprus and the business address is at Lophitis Business Centre, Office , , 28th October Street, Limassol, Cyprus.

This company is regulated and you can easily locate their physical address. However, Opteck must improve in two areas to become a more reliable broker: Some basic information is lacking and I could only obtain after talking to live chat. In any case, BinaryOptionsThatSuck. Update , the ridiculous maintenance fee is still there but there is also the dormant account fee and the clearance fee, and a fee of 3. And you still have to talk to an account manager before your withdrawal is processed which sounds strange because many other brokers process your withdrawal automatically.

This broker is not recommended due to a large number of complaints.

Find users complaints below, continue reading this review or get started with a trusted broker now. The thing that bothers me the most about Opteck is the above average number of complaints made by their clients, and a very detailed ones as well.

I do see some of the complaints being resolved, sometimes a bit too late but the majority are left unanswered. Update February — since our last update the number of complaints has gone up, it looks like regulation alone is not enough to make Opteck one of the top tier brokers. Putting the complaints aside, the horrible fee structure alone should scare away any client. Opteck is regulated by CySec and right from the start I could see they are transparent and I can easily get information about the company that owns the website and also their physical address, a thing that should be adopted by all brokers.

The platform used by Opteck is TraderSoft, which is known to be very user friendly and intuitive; you can trade directly from the chart by clicking on the Up or Down arrows that appear when you move the mouse pointer over a chart.

Once you click on the arrow, a box automatically appears and you can select the desired amount to invest. A great addition made by Opteck is the feature of selling an option: Another way of selling their product is by not giving me a Demo account until I deposit… euro.

Live Chat support is not willing to… support at all and answered my questions with predefined copied text. They still have monthly maintenance fees of 7. I assume this means 7. In addition, you must go through your account manager verbally in order to approve a withdrawal and we all know what that means… so they can try to keep you from withdrawing This is really unprofessional and there are many better brokers who offer free and fast withdrawals and no such fees and if I were you I would try to look for them instead.

Most complaints are very detailed and seem very authentic. Some complaints have been taken care of by Opteck Support, which I find great, but not enough. Seems Opteck have their ups and downs: Well, as we always say, even the best brokers suck sometimes… and Opteck is not even one of the best.

Update February — we can see that not only have many regulators have issued warnings towards Opteck but there are still many serious complaints which make them look like a bad broker. You can also search for Opteck on our main page select magnifying glass icon and you will notice how often they appear in our scam watch articles, April, June, August, September, December scam watch and also noticed in our news articles on regulators issuing warnings against Opteck.

Italian Consob adds Opteck to their blacklist after BCSC also warned about them. The BCSC in British Columbia warns against Opteck who is falsely claiming to be based in Belize and for unlawful solicitation of BS residents. Belgian regulator FSMA, strongly advises against investing with Opteck and their former owner B.

ASIC in Australia warns of Opteck for being unlicensed binary options provider. French AMF adds Opteck to their list of unauthorized websites. This broker has been blacklisted by many regulators worldwide. Looking for a Safe Broker in the UK? Check out our Trusted Brokers now. Withdrawal can be done in the same way as deposited, up to the minimum deposit amount. The rest of the profits could only be withdrawn through bank-wire. Processing time is on average 3 to 5 working days and a fee of 3.

More fees… In addition, if the 3. There is a small delay when executing a trade, but within acceptable limits. The website is available in 9 languages including English, French, Italian, Dutch and more. In addition, 94 stocks, 7 commodities and 12 indices are available but again, bear in mind that not all of them will be available at the same time and for all option types! Their Customer Support is quick to answer and helpful, giving pretty straightforward answers.

A withdrawal will be processed by Opteck within 5 business days but it could take between 7 to 10 business days until the funds will show in your account. The bonus trading volume now ranges between 40 and 50 times the bonus amount. This broker is rated below average among our members and staff.

Start your trading career with a Top Rated Broker Now! I just got done watching a YouTube video that said that since they are not regulated that they are illegal in the USA. The video explained that a company had to be regulated or there was a crime… is there any truth to that? To the best of my knowledge binary options brokers do not yet have to be regulated.

Brokers regulate themselves in order their traders more confidence in trading with them. However there is no mandatory license for the US and most brokers are anyway regulated by the European CySEC which is irrelevant for US traders anyway.

To this day, no one from Opteck even put in the effort to apologise in writing about this incident — and this after they called me numerously to make the deposit. Opteck made contact with me and their support at the moment is top-notch. To want to compare them to a company like Bbinary was really a mistake on my part.

Thanks to the entire support team to try and help sort out the issues. After my short discrepancy with them I applied for a withdrawal, and the speed and no hassles with which it was processed should give any one peace to trade with Opteck. I have just opened with Opteck and I have found their support and contact to be outstanding and I live in Australia.

They have already spent over an hour with me on the phone setting up accounts for netdania and running through their system. I have my first trading lesson with my allocated stockbroker tomorrow. They only receive a commision on successful trades so it is worth their while spending the time to make your trades profitable.

Just like fanie, same thing happened to me. Opteck make false promises for trainings and one to one sessions. They dont turn up on the scheduled dates, by the time, we trade and lose some money, then different people will call you to deposit with new scheme of bonuses, prizes and risk free trades.

Hence, with Opteck people playing around with the money of new traders, this should be an eye opener for people.

I believe it is a fraud. They keep saying they are goig to call me back, but nobody does. I belive it is a scam. Opteck has called me and said they are giving my original investment back. They suspended my account claiming there is an investigation by the market regulator about me manipulating the results?

I have profits that are on hold until they end the investigation. Have They resolved your issue and explained why your account was suspended.

I want to update the review because Opteck is actually helping me and I have to be fair. Opteck did send my money back to my country. I am still trying to make it liquid, but they have been very supportive in order to help me to do it.

Also, it is important to mention that Mr. Cooper is very helpful and very professional. So I can consider that everything has been settled. When i did not get the results i expected i requested a refund of my money. This is a scam and once they have your money you are screwed. So you guys that say you have been trading for a while now and have been successfull,wich online traders would you suggest.

Review Update According to the bank where I hold my account here in brazil, the withdraw of my profit is available to be completed, depending only on the demonstration of the money origin. Cooper to get some information, but is fair to say that he has helped me a lot.

I wish I could erase any bad coment on his name. I have been trading with Opteck since September. I did so, and the strategy never materialised. All I got was blank screens when I followed the link to the so-called webinar. At the last moment my graph jumped into the green, but Opteck said I lost anyway.

I checked the values on FreestockCharts and Netdania, and the values showed I won that trade. I must say that a lot of the signals that I got from them were pretty lousy anyway, and I did much better trading on my own than following their signals. Although I believe the company exists, and that the probably are not scam artists as such, their platfor is completely wrong with delays etc, and the way they pressure you for money is unbelievable, but when you need help, you get the cold shoulder.

Im very disappointed, and Im going to make a video to put on YouTube to show everybody what they have done. I do totally agree with your comments,,, They are only available to take your money that will never be returned back. I agree — their signals are lousy.. While I was with them, I got no support from them at all on how to trade.

Since Ive posted this message, Opteck agreed to refund my investment that I lost on the trade that I was supposed to win. John Harris has been extremely helpful and kind, and I was really unfair in writing such a scathing review. John Harris went to a lot of trouble helping me eventually and Im staing with Opteck. The Opteck provides good customer services. I want to thank my account manager, Mr.

Marshall for his patient, efforts and support that he provided to me in order to educate me and rise my level up. Its platform is easy to use and friendly. But I agree, they do provide good customer service. It is all over the place — expiry times that end in 20 minutes past the hour or 45 past or that go longer than an hour.. But of all the sites I have been on OptionBit and Optek would have to be the best.

Very friendly, attractive packages and they do want you to succeed — which is how they make their money as account managers. And, lets face it.. I traded and waiting for the senior broker to call, He calls always at the bad time, sent him an email few times with the correct time to call and he said OK, but always goes back to the bad timing. So now its been a while with no one asking about me. So next day i get a call from John Harris who i never talked to at the wrong time again.

I emailed him to call in few minutes he never did, next day same things. Please guys stay away from this company. I made a mistake and paid the price. I will give it more few days, and I will go to my lawyer and see what i can do to hurt them, the same way they hurt me. I have been trying to withdraw money from Opteck without any luck these people are very bad they give different excuses everytime I contact them. They are doing the same with me. I deposited some money, I lost some and want to withdraw the rest.

But when they want you to deposit the call you everyday like crazy. Why would I give a complete stranger on my mobile phone my credit card number…. I then had five more phone calls from Opteck over the following four days…which I decided not to answer. I made quite a few trades — won some, lost some…and agree that the timing of the closeouts does not agree to the second with FreeSTockCharts.

The little ones like us are subsidizing for the big accounts perhaps. Take from all the little Pauls to give to big Pete…. If you live in Canada like me where interest rate is half.. GCI Trading is a really good solution: First impression was really good , but after making deposit everything has changed. To withdraw the funds is still a challenge. Hi, I recently opened an account with Opteck with out deposit.

Then I had lot of phone calls from Opteck over the following four days…which I decided not to answer. My money is stuck with Optek. What can I do? I am deeply disturbed. Mark Hayes asked for my credit card number for verification and then charged USD it without my consent. So far I have not received any call from him inspite of me sending a few emails and calling on their number as well.

Is there any govt. Always there is a gov. Internet is for what? Find out all the details with your documents as a proof and send it to the agency in the UK. All guys i m being stupid and trust them ,and the way they do is not very professional, so it make me doubt, and i search on net to find more about opteck and now i can proof they are scam!

Before i make payment i got so much disturb by their calls. I have reported to my credit card center on this scam, as i saw their condition, we need to give all ID, address proof and sign back agreement, then will open account to have trade. Roma, u think the credit card company can stop the payment?

I invest USD and slowly I am going for good trade. I told them I want to deposit only usd next week for make my account litle big so I trade on big amount. They said ok but we have very good offer for you. Grant replied, I am transfering this call to our account manager he will goude you, how you recover your lose. Finally, their account manager Mr. Mickel said, I know your lose but invest more now and we will try to recover your lose, can I charge your same card for deposit?

I refused and told him that you people cheated me. I called so many times and email them but they have only 1 answer INVEST MORE TO RECOVER.

I dont have that much money they took usd from my card with out my intention without my permission. Started trade on Opteck with a small investment and was constantly persuaded after some initial losses, to add more funds to increase my chances at gaining better results..

After some successful bids on my own a senior broker Jason Swift called me and offered some hints to make successful trade because of good signals on currencies.. Stay clear of them! The next day however I informed the broker that I do not wish to continue and after having chatted with me to stay. My request for withdrawal however has not been done as yet. And after having sent emails every week to support and complaints still nothing, till I tried their live chat. Opteck is a scam stay away from them, when they want you to put your money in you will receive lots of calls.

But when you want to withdraw, Not a single reply to your mails. Opteck are bloody crooks. None of them sound like they are from London for starters. I am so angry! Why it is so hard to withdrawal my money? They are so sin because they play with poor people heart! If you invest with this thieves you will loose your money. Stupidly he has sent me his entire client base so I will email them all and make sure they know about this site.

Thanks everyone for sharing your experience with Opteck. I registered few weeks back hoping to get a demo account to test this binary process out. But I was really disappointed that I must pay at least a USD to open the platform. But now thanks to your comments I decided not to trade with Opteck.

I cant get my money out and have prove and reason to believe my USD investment was part of their system catch. If you do research in comparison with other Brokers, trading software and charts you will see this is not nearly correct to you investments. I have screened all my trades and logged a file of my own which I will be taking to relevant Authorities.

They did not see this one coming. Thanks and be safe out there people. THe one thing I did not like was the fact that the staff and brokers openly bad mouth each other to me over the phone to try and make the client feel better about themselves.

This is FRAUD and must be taken to court and start investigating. I am not the only victim in opteck, If you have had any bad experiences. Then one of their gun brokers lost the rest of my money. I can relate to that. I trusted my broker being a newbie. He had me place one trade of used long term, which thankfully came in the money at 40, profit. Not everyone can take these high aggressive trades and for a newbie, I thought it was reckless of the broker to even suggest it.

I had no problem withdrawing money when I asked thankfully, and it took 8 days as I had been told. I think if you have the right broker, Opteck are actual OK. Their platform is easy to use. I should have said no to the big reckless trades he was having me take. I have tried to explain to my broker that travelling in Africa makes it really difficult to trade as very often the bandwidth does not allow you to access or trade on the website.

I think it is important to rather listen to what your clients are saying instead of trying to up-sell me. I have just received a visa for the USA and busy relocating, so I am trying to close my account which is proving to be challenging…I hope this will get resolved soon so that I do not need to take it further.

Sometimes these guys are so determined to get you to put in more money that they forget a long term solution is important. If you do not spend enough, they lose interest in you since this is after all a numbers game.

Jason Swift has been kind and patient with me, I think he has good intentions to help people through this if you are dedicated. Hi I am busy looking at getting into this business and have done a lot of looking on the net.

What I do not understand is that the editor of this site clearly states does not believe they are a scam but based on the comments there is clearly a problem at Opteck. The question is are there any above board companies that advertise on line and hound you. I got a call from one of their senior brokers a month later asking me to increase my deposit so that I could be given more attention.

I was told that senior brokers handle bigger accounts and that would help me increase my profits. This was my first mistake. He said these were VIP signals and bound to make money.

I clicked on invest and lost both trades. The reason I was given is there was a delay in him giving me this tip since he had bigger accounts which needed to be given priority. I complained and got the broker changed.

The next one promised to bring me back in profits, arranged sessions training with chief analysts but that did not help me at all. I was asked to put another 2K to receive signals from SignalsXP. Those signals are mostly useless. I did some live trading sessions as well and in one of those I lost 19 trades and won 9.

I was down to 8 grand and asked to withdraw my funds when my broker asked me to do one more session with an analyst.

Opteck review | A must read before you trade with Opteck

Once again I asked for withdrawal. I was then contacted by the Chief broker who apparently thought my account was in a bad state and she was committed to helping me. She promised to call me in 2 days time which obviously never happened. I escalated and was contacted by another Chief broker a week later promising to look in to this and prepare a strategy and guide me to bring me in to profits. The earlier Chief broker then called me and put me on with this Chief analyst who made me put 7 trades.

Once again I lost 5 out of the 7 trades and no one had a explanation. I still trusted the Chief broker and two days later put another 5 trades out of which I lost 3 again.

I had it and called it quits. The only good experience I had with opteck was that my funds arrived and they did arrive sooner than I anticipated. The technical and customer support is good and they do help you. I am not naming people involved in this is because the idea is not to point fingers at individuals.

If anyone is interested in more information please write to me separately. I would never recommend Opteck to anyone who is seriously thinking of investing or is a newbie. They do not offer good training, only empty promises and will make sure u loose your money. OMG, The part that they so nice to make a contact for you is cause you lose your money on trading and they were happy.

Yep they can operated in brand Hotel in main city. This Binnary actually is Fake and Offline. Why offline, how can you be online to trading world if this company and brokers not listed on the stock exchange. They use A Software of Binnary that stock exchange trading trend. This Binnary is Fake. Hello, Could you possibly elaborate on a better trading site. Hi Chetan, Your experience above sounds exactly what is happening to me right now!!!

Looking fore to chatting. Looking forward to having a chat with Opteck tomorrow. So far so good — honest traders, and friendly service. Stay far away from this despicable broker. I made over 15k USD last month. It has been 2 weeks now since I closed the account and pulled all my money out of the account. They sent me a wire transfer with all the wrong information in it.

Now my funds have been rejected here in Canada, as there were errors in the initial wire. I have been dealing with Ross Petrov who continues to tell me that the funds still have not shown up in their Cyprus bank account.

I am very scared I will never see my hard earned 15k ever again. Anyone have any similar issues, please help! Do you know of any good, reliable broker a South African can use? You will all lose your money. Stay away from Opteck and all other binary options companies — unless you like gambling of course. I got very little investing advice of any use so decided to withdraw my funds and start up with another binary options broker.

Once I resent the information, I had an email stating all was approved pending the account managers approval!! Sent yet another email this morning and got the usual 24 — 48 hours for a reply. Their web site says 3 to 4 days for withdrawal approval then several more to go back into my account. This is now going on for 4 weeks so at present, until my money is given back to me. Seeing the withdrawal terms being pretty straight forward. So after the 30 day trial I decided its not for me.

Now he has completely fallen off the grid. Ignoring my emails and nothing… nothing at all. Within a few minutes of registering definitely less than 5mins , got a call from one of their broker in Europe stating that he will help me with the process. Initially, he asked which account I wanted to open, and I briefly mentioned most likely the Green Account.

I said I will open one through their website. Next was the sale pitch. He became very persistent in wanting me to open an account there and then and will guide me through with opening one within their website I am not stupid or IT illiterate as to not know how to do it myself. I refuse stating that at present, I will open an account when I am ready and have researched more about binary options. Again I refuse, stating the same reasons above and mentioned that I would like to do it at my own terms, not at present when you are being quite persistent.

He next started to raise his voice stating that I am being very arrogant for not wanting any help. He goes on to say that I am a professional and I am here to help you make money so why are you being so arrogant. He then stated, what do I get to lose given that he is offering you all the above and literally forcing me to give a reason.

From there I stopped being polite and said that he is being quite annoying and I asked him why does he want me to open the account so bad today?! I went on to say that him being very persistent to the point of being very annoying is the reason why I am not going to open an account at the present time. To tell you the truth, I am not quite sure whether this a scam or not but sounds like it. I am not stupid enough to fall for all those tricks.

Definitely will not put my money in with Opteck and cancel my registration tomorrow. I have been trading with Opteck for over 8 months and have had an absolutely outstanding experience with them.

My broker is professional, accomodating, excellent at trading, teaching and just so helpful in general. Regarding bonuses and having to trade a certain amount, they just want to be sure that you actually trade… so you move volume and of course, profit! That is what you sign up for right? I can not log in at opteck did something happen? Once I realized that I tried to get my money back. I have been trying for almost 3 months now with out success to get my funds returned to me. I have no idea what to do once they decide to ignore your request.

I guess I just got scammed and my money is lost to me. Its too bad really all I have read is that they will return your funds just not in my case I guess.

My experience with OpTeck is not good. More red tape more excuses and still being pestered to trade.

Why to to lose what balance I have left? Their algorim makes money only for them. I had a guy call me the same day I registered on the website. People keep working hard. Save your money and if you want to invest keep searching until you have found the real thing. Before I leave I want to thank everybody that wrote about their experience here.

I have been contacted by Opteck and actually opened an account with them. Which is fortunate for me based on the reviews that I have been reading.

How come no-one is talking about these Bollinger bands? Are they for real? Or is that part of the scam? I would really appreciate knowing.

If you want to find out more, just Google them. Or go to Stockcharts. You can open a free basic chart situation with Stockcharts. I have been involed with option trading for many years, and there is one main rule I live by, which is if you deal in the stock market. AND CANNOT MAKE BUYING DECISIONS YOURSELF. Here is my scammed experience: At first, I only wanted to only start with a demo to try the whole binary option thing out.

And then, the account manager insist that I will lose all my balance with this little investment. So she rang me several times to get me to put in more money but it was unsuccessful. Here are the stages of scamming:. At first, they seem to be helping me a lot by inviting me to the webinars and make a little bit of money.

Is Opteck a Scam? Beware, Read this Broker Review Now!

All those who went to the webinars are new account holders. Little do they know that they will lose all their balance when they attempt to withdraw. Analysts and account managers taught me how to trade and trade along with me. Trade some on my own and make some money. Withdrawal Request is always cancelled or neglected for 2 weeks. Or I was persuaded by an analyst to not to withdraw. On the 3rd time I contacted customer service for a withdrawal, the senior analyst Bic rang me to trade with him.

He worked out a plan so I will lose all my balances with 6 trades. After this session with him, my balances is down to zero. During the session, he is very careful in doing this. He made sure I did it on the demo account and then made sure I took the losing trades so he is not liable for the loses.

Now, there is no money to withdraw. I have attempted to reach Bic who taught me to trade the 6 losing trades with all of my balances and the account manager who made all the promises. And of course, they have vanished. And now, after all is lost, I got another phone call from another account manager why not the same one to invest more to recover my lost.

Can you believe it, they still want to scam for more money! And they are legalised?! The last six one-touch option trades are with a senior analyst. I am a newbie, I would never do those one touch trade without guidance. If he is an analyst, he can predict the losing trades. Option Type Asset Trade Action Status Investment Payout Closing Strike Trade Time GMT Expiry GMT Trade Action ID One Touch OIL And I could say is they are one big scam with a beautiful platform.

Be careful and Stay clear of them. Now for Gods sake why optec ack like this. I Open a account with OPTECK WITH POWER BOOSTER Affiliate and Strangly the market was OPEN ON SUNDAY, I Think it was Fake no matter what I do I lose my money.

I try to fill a complain but nothing work, I ask them to give me some free trade so I can maybe get some of my find back they denied it. Do i have to be professional to use it? Optecks recruiters are are slick and convincing.

Unfortunately what they portray and promise is way short of the truth. When in deparation you attempt to withdraw your funds the game really begins. E mails are ignored and requests to resubmit documents are endless. Eventually when they run out of reasons for resubmission they inform you that the money has been paid but refuse documentary proof of this.

I am still waiting for this refund. I would advise prospective traders to avoid Opteck like the plaguage. Please save yourself a lot of grief and DO NOT USE THIS COMPANY!!!

They have a very slick website but persistent hustlers on the phone. After clearly stating my case a few times he put me back through to my manager who agreed the refund. I called back to explain I was at that moment going away on holiday. I had another missed call some hours later. Sure enough this did come through a few days later, but I had another call that weekend from another man, plus another one last week from another one this time from an unknown number.

Then today I got a call from Roy Neeson. Also as the company is regulated in Cyprus you have no rights in the UK. Yes, there is big money to be made but also huge losses. I would say from my own personal experience this game is not for people like me, novices looking for a second income. Opteck analysts are very deceiving, they entice you with great results during group webinar but when you trade one on one they purposely make you lose money and call you with a new strategy so you can deposit more.

Typical pump and dump shop, do not trust them for advice they have alterior motives. Do your own research and learn the indicators or they will help you lose your money and have the audacity to ask for more.

I recently finished up with Opteck. I firstly deposited 2oooUSD and became a silver account holder and was appointed an account manager. The account manager was friendly and gave me knowledge and access to charts and information found on the internet.

Binary Options Brokers - Scam Free Brokers List

I was contacted at least twice a week and progressed in understanding the trade platform though i was not confident or convinced that I would make profits from what I was taught. I did some live trading after some time using the indicators as instructed from my account manager and although did make profit at times, more often then less I would gain only loss and lose any confidence I had gained.

So having a small capital and understanding the risk I was hesitant to keep trading and more wanting to withdraw and prevent further losses.

Several times I hit this level where I would, after some profit gain, suffer a loss and feel the smart option to withdraw balance and cut losses. This is apparently for security reasons so that the account holder is surely the one that is making the withdrawal but on every occasion where i would try to withdrawal and be contacted by my account manager I would be convinced to stay and keep trading. They are very good at this and do it every day, they do not want you to take your money out and would rather see it lost in making them more future profits.

I was soon later transferred to a new account manager without question i had some new guy talking to me like he knew me and respected me and raved on about getting rich and making hudge profits.

I only wanted knowledge and information to help me trade successfully, not some doof that seemed like a life insurance salesperson. I narrowed his 20 minute call to me down to a few sentences and repeated it back to him and he shut up and had nothing more to say except that It would be very wise to deposit more money for a larger capital as soon there will be a huge profit opertunity.

I denied that request and explained that when i saw results I will follow requests as such. With my remaining balance at his disposal he convinced me to make two investments that would in turn be unsuccessful and blow my account. Upon this closure he was to contact me back for further instruction.

I have had no further contact from Opteck since having no balance to further trade with. Like many before me and many yet to fall into this habit of trading Opteck only want your money sitting in their accounts.

One can make fast amounts of money but be mindful that is possible to lose it all just as fast. My advice, avoid getting involved with Opteck, you will be left broke and angry.

This was never honored. I was left on my own for over 2 weeks with not one notification how to proceed. After I started my process for withdrawal of my funds I was contacted by Jack from Opteck, explaining he is a company trader for Opteck and saw my request to withdraw my funds. He then said his job was to see how he can help traders like me to get a big portion of the funds back that I have lost and to let me stay interested in the business.

He then told me he was going to guide me to trade 6 big trades with the remaining funds I had, just to gain what I had lost.

He LOST ALL but 1 trade, leaving me with almost nothing in my account to withdraw. I do facing the same problem with you. I have tried several times to apply for withdrawal and do all rejected by their ridiculous reasons.

In the conversations he keep argue and contention with me he not understand why I wanted to withdraw. He wanted push me to have last trade with him, I am not that STUPID. I could not believe that he will gain money with me but he will trying to make me lost the money until nothing can be withdraw. The worst part was the guy hang off the phone…just imagine how professional their are.

I think Iam not the only victim in Opteck. If anyone is looking for online binary trading strongly not recommended OPTECK. Opteck is the worst decision I have ever made!

I had hopes of making a bit of money on the side of my current job. They Would Not let me take my funds out, I spent months trying to! Finally I gave in to talking to some Specialist Named Dan Miller who caused me to trade my entire finds and Lost Everything!

The employees who talked to me were name Chloe Peterson, David Thompson, Some lady named Sarah, and some guy named Bill. DO NOT JOIN OPTECK, they are pros at getting you to invest so they can make commissions off your Profit and Loss!

I really wish I had NEVER gotten involved with this company! Had filed a complaint to Cyprus security. Why are they even regulated and still exists. I have received no response instead I noticed that they took some money off my account.

I have been dealing with Kristy Clark. I have emailed both her and their support department. I did tell Kristy that I was not happy with they way they operate, so she was aware I was planning to close the account. I had never received the bonus that I was promised when I initially opened my account with them. They make empty promises. I cannot make any withdrawals on my account. She will tell u story. At the end, she piss off. You will not get anything back from them.

Opteck is a gambling site, not a trading site. They profile you to determine how much money they can squeeze out of you. It is gambling, and the house always wins. Losses are huge and winnings relatively small. Their webinars and one on one sessions are designed to empty your account. They make money when you lose money. This company has no integrity. Do not trust anything the account manager or anyone else says or does.

Their Chief Analysts are frauds who are incapable of making money using their own system. They are however, very good at making excuses and creating deceptions. I am writing this message to warn people about Opteck.

Yes some people will swear that Opteck does everything it says,BUT the word swear can also be used in another way. Yes I mean I was sworn at while I was with my trading manager. Being new to binary options and to Opteck I thought it was a little disrespectful,BUT it got worse.

I do not want to mention what he said but it was really degrading,and then he goes and loses my first ever trade. Yes I lost my money because I was silly,inexperienced,felt left alone so I decided to unsubscribe from Opteck.

I was given a demo account and all the tools,videos,etc to use but one can only go so far. Yes my trading manager tried to help explain how it worked but it can be quite complicated. What a bad experience. This broker is simple a circus, a clown show!

After many complaints without answers, some one from their recovery department called me, i gave him a bunch of sh! This broker is a definite joke!!! Right after reading the horrifying stories on this site and others about Opteck, I wrote the above story and sent Opteck the following message: I just read a lot of interesting reviews on Internet about OPTECK!

I will also take actions and will complain to CySEC in Cyprus about your fraudulent services. I tried to withdraw it but they needed more info for my credit card.

Waiting for them to confirm my documents verification, then I should be able to withdraw my full I got a registration confirmation email and phone call from Opteck. I asked the lady how Opteck has my information and how I registered with you.

She told me through talking with one of our representatives. Then, I asked how that representative had access to my name and phone number.

Finally, she hanged up. I registered with a different company, RBoptions. Once I found lots of red flags around RB options I asked them to do not call me back. RBoptions without my permission sold my information to Opteck and Opteck illegally used it. Probably the same red flags around RBoptions are applicable to Opteck.

Not sure how to analyze what happened when responding to there ad. I was reading things just sent my e mail thinking I would get more info, When before I had a chance to read the next page they were calling me. For me it was 1 am and exhausted. They had confirmed they would train give a demo account and nothing would come out of my account until I had time to understand. Les than 12 hours they took the money billing office called me before I had a chance to even talk to the Broker assigned to guide me.

So now I am skeptical of this! When my assigned broker called it will be 2 days before I even get the guidance they offer. Is it worth the wait or cancel before I loose money that should have not been transferred yet?????

One of their sales agents tricked me into trading saying it is free and that I could be able to have back my money after trading since I had applied for withdrawal. I have a phone recording with them that proves they are liars. The record before the trading and after. I will do a youtube video and a facebook video for everyone to know who they really are. People need to be warned about this. OPTEC provided me with personal manager help..

Regarding professionalism and support, the brokers are borderline negligent, if not crooks. Now, though I am a little bias, let me clarify why: If this sounds familiar, hold on, along with every deposit there are one-risk free trade or equivalent promotions to start, but regardless the results were the same. I found that for every bad trade gone wrong, I would either not hear from my broker, and if they did it was to ask for more money to recieved a promotion or risk-free trade.

If I were to sum up my experiences in phases it would probably look like this: Next, once a trade goes bad or long slump if my broker put in a bad trade sometimes it ended up eating away at the profit margin gain by the promotions.

Sometimes, afterwards, if was a significant marginal loss, I wouldnt hear from my weeks, if it was small days…Now I know there is riskiness to this kind of activities, but from the start, my experience essentially felt cheaped out, as my funds were chipped away, as —what I felt like— it seem the only possible way to make profit nonetheless break your initial principle was to deposit more money for the promotions, and continue that cycle and trudge hopefully not to slip up, if so the only way to progress was to deposit more money for a chance to get back where you were.

I was given another manager to trade with he use to call me to have sessions until I requested a withdrawal he never called since then his name is Vincent Hunt,I have sent so many massages, but he has never returned any of them and the billing department told me they need his approval to process the payment. Can anyone help me which way to follow to get my hands on my money. Is the a commission which I can raise this issue to be assisted. Please give me the information whoever has it.

Have you received any data on who or what to contact with your problem. I am sitting with the same problem and I know my account manager will not release as I called him a liar to his face as well as told the other account managers that phoned me and tried to convince me to continue.

Opteck is a gambling site. It is a gambling site that masquerades as an investment site. It appears their only goal is to take money in. Do not expect this to be a profitable experience no matter what they tell you. They are very persuasive, but not honest. Opteck when first-time registered was very convincing. But when decided not to trade and withdraw on 26th August the support was slow to response. Only on 6 September did their account manager contacted me.

She was helpful but was also trying to convinced me to trade. For withdrawal we need verbal confirmation from account manager. Very ridiculous deposited without trading on withdrawal lost Now still waiting for the confirmation of my withdrawal.

After researching this company and looking at the complaints etc…I decided not to continue with my choice. I have asked them to remove me from their database and not to contact me any further. Hello all that screwed by Opteck. Has anyone idea how we could PAY BACK! Hit right to their hearts or MONEY??? Stay away and dont be seduced by the claptrap about were experts here to help you etc.

After loosing about usd with opteck, mostly with their account managers,I was still believing that they are good and respectable. All the money was lost, no cash back. No risk free trades. What do you cail that? I asked a lawyer, but I cant provide advance fees.

I know to which authority I should complain? Can you help or advise??? My girlfriend joined up with Opteck just before brexit. She turned a several thousand into nearly 50, with the help of one Jerome Benoit. Unfortunately they are only supportive when your adding money or letting them use your money to make money. Her trading account was cleaned out. No call 1 month later.

Many emails to Mr Benoit all unanswered. That represented nearly half of all money in the account. Optec manipulate their trades as they want to, at a few ocations i found that on the stock exchanges and other brokers a trade is either rising or went down theirs imediatly change to the oppisite direction the moment you invest while the other traders and stock exchanges continue in the direction it was.

They have a very strange policy for withdrawal. They want account managers to acknowledge your withdrawal. He calls himself as professional and force you to trade even you dont want to trade. It is our money and they speak the money belongs to them. It is an individual wish whether to continue the trade or not.

I am not sure why they have to force someone to trade. Dear team — I am new and not so familar with the consistency of the dauly tradings. I understand there is this auto trade, how does that works to my benefits? I invested , US Dollars with Opteck. They continued to blackmail me into investing with the company. The brokers continued to have hissy fits when i asked them to trade more often.

And eventually they just changed brokes that placed ridiculous trades and cleaned my account in as little as 1 hour. They even went to the stage of putting up a play in the background while i was talking to them. They went on one touch program when they traded with me. Hi Stephen Georgiou I am very sorry to hear that you have had the same experience as myself. I have lost USD , with Opteck and I am in the process as of today to try and take some action against them.

I will update once I get some sort of reply, which I suspect will be that Ultimately it is up to you as the trader etc etc excuses excuses. I will also post my experience on this site as I believe it is one of the only unbiased and genuine commentaries on Binary Options Companies.

I only wish I had come across this site when I had researched scam Brokers and whether or not Opteck was a scam. Amazingly most other Binary Options Reviewers still recommend Opteck as one of the four top Binary Brokers. I seriously wonder what the pay off is. I will have alot more to add soon, for the sake of other unwary investors as was I. In the mean time DO NOT ALLOW YOURSELF TO BE MISLED AND DECEIVED BY THIS COMPANY.

My experience with opteck was awful, after I have brought my account to , usd they started pushing me to increase it to 10, usd, then it was clear to me that these guys are after my money so I immediately click for withdrawal they keep denying me from withdrawing, they would call me and cancel my withdrawal these keep happeningredients over and over again until they wipe out my ballance of usd leaving only 34usd, by one of them that explained himself as Steve Mcarthy.

I have all the proofs to back up my claim. They will first offer to train you. But there trying to find out how much money you can invest in them.

Then they convince you its safe and keep asking for more and more till they have it all. They have a computer game set up like they are making you real money.

Then they gamble away huge amounts till you have nothing left. If you want to chat about what i have here Email me. Hi, Stephen, I am sorry to hear you lost your money, I have heard they use team viewer to control your computer to place some trade in the back ground till you lose almost all your money.

When I refused to do so he got quite angry and talked over me. He told me I was wasting his time. I filled out the required document verification and requested to withdraw my money. I have been told for the last three days that the account manager has tried to call me when I questioned them on chat.

They lie saying they called when the didnt. They are very quick to call you when they want your money but do not call you when you want to withdraw it.

Opteck just shutdown Binary trading, they say sent out mail notification did not receive , could have at least flashed on webserver for notification, Opteck sucks. I am on this site to express my views on Opteck. Yesterday I was contacted by telephone by Zack and he told me that he had a good deal this after I had requested a refund of what money I had remaining.

He told me what to do and I figured that this was a trial help. This is my personal experience from opteck, thay are looking for excuse to deduct money from your account, they have many things like maintenance fee, transaction fee, monthly fee, commission fee from trade. When at final you look at your account it looks all the profit go to them. They make also withdrawal request very difficult. I have worked 2 years with them and I do not recommend them to anybody.

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