Does Opteck binary broker scam you?

Opteck, an online trading broker, was founded in 2011 by a team of traders wishing to streamline the process of trading on the financial global markets. Opteck’s platform provides access to today’s current assets within all 4 major markets – currencies, commodities, stocks and indices. Traders will be guided towards choosing the market they are comfortable with. Opteck makes it possible for investors to improve their trading potential through education and technology.

Their platform is designed to accommodate both novice and advanced level traders. Once you begin using the platform, you’ll immediately realize how accurately it operates. You can choose to receive a demo account and test-run the platform in advance. And take advantage of the educational tools available on the website, which include webinars, e-Book, tutorials, personal account manager, FAQ’s and consultancies.
Opteck’s cloud-based mobile platform let you trade anywhere, anytime and on any device.

Professional, attentive and effective customer support team. And there is a dedicated team of account managers and technical support team committed to provide you with a happy experience. And traders’ personal details, transactions and account details are always 100% secured, because the platform is SSL secured. is a trading name of Centralspot Trading Ltd, regulated by the Cyprus Securities and Exchange Commission (“CySEC”), under authorization number 238/14.

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3 opinions and experiences

  1. Dominique Choy says:

    I deposited $500 less than one month ago. Was hassled incessantly (5-8 calls minimum a day) by their brokers. Left it on autotrader and now there’s only $230. Left. I have tried to withdraw when it’s was over $330 but their delay tactics (same as you) has made it impossible. I still can’t withdraw today. This is the first time I’ve been a victim of internet transaction. It’s a $500 lesson but I’ll post it everywhere I can to warn others to STAY AWAY FROM OPTECK PLEASE.

  2. Wabo says:

    I made a deposit of USD 250 and when I tried to withdraw my money I was
    repeatedly asked to verify ownership of my credit card. After sending the
    front and back of my card with all the identification required and a letter
    from the bank the delay tactics continued. The last email I received from
    Opteck states that the withdrawal request first has to be verified verbally
    by the account manager James Smith. I have phoned Opteck on this number +357
    22 007264 < +357%2022%20007264> asking to speak to James Smith and the
    consultant will not put me through to the account manager and instead tells
    me that a call back request will be submitted. Furthermore the email
    address [email protected] from which the account manager sent me an
    introductory email does not exist. I still have not received my money back
    and my withdrawal is pending despite all the verification attempts on my
    account that I have spent the last week providing. The broker has been
    giving me the runaround instead of refunding my deposit.

    Lastly the reason I signed up with this broker was because it was
    recommended by profitbooster app: a
    software that supposedly sends binary signals and only discovered after
    registration that I had been misled as Opteck platform does not offer
    binary trading as the video by Peter of profit booster app suggests. This
    has been one big frustrating process and Opteck has told me that they take
    no responsibility for third party signal providers. They were very quick to
    deduct money from my account and I now find myself having to jump through
    hoops to get my refund which I still don’t have.

  3. Johan says:

    Opteck are big time scammers. They set you up with winning trades (maybe just smoke and mirrors) to deposit more money and then they clean you out. They took me for an obscene amount of money. Basically when I was velnerable to take their advice they opened the system to pay out 400% and took all my money in 2 trades. Clever guys and they keep doing it over and over with limited consequences to themselves.

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