Opteck now has a complaint department to address any issues as quickly as possible so this shows how dedicated the broker is to improving on its support services. In recent times, complaints have largely decreased, which proves there has been major improvements.For traders looking to get a gentle introduction into the world of binary options, Opteck is an excellent choice. The brokers educational component is truly what sets it apart from others so those who are eager to learn will be pleased with how detailed and comprehensive the resources are. Opteck offers simplicity without neglecting any of the attractive features traders look for in a broker. While advanced traders may find that the company is somewhat lacking in trading opportunities, novice traders should be very pleased without feeling overwhelmed.Established in 2011, Opteck is a financial institute geared towards people who have an interest in accomplishing online investments. The company provides several services, including a platform to trade commodities, indices, stocks and forex on, a training program for new traders and it also delivers analytic data to optimize its clients investment potential. More than 150 international professionals work at Optecks offices in Cyprus and Ukraine. As the company serves people from all across the globe, its website is available in 10 different languages, with English, Arabic, Japanese and Russian, just to mention a few.Here below we highlighted for you some of the companys prominent features and other benefits that it has to offer to help you decide whether Opteck is suitable to fulfill your trading needs.Our first impression taught us that Opteck has developed a clean, straightforward and easy to use trading platform. Once you look at the platform you instantly see how the choice of colors, their order and the button placement synchronize almost perfectly, to display a relax and inviting environment, even though trading is by all means an intense and exhilarating activity.Executing trades on Opteck trading platform is easy and swift as it can be. We mentioned earlier how the design helps you feel at ease when trading, now on top of that theres more.The trading process on the platform was planned according to a hierarchy of fast and logical actions. This means that every action a trader intends to take leads to his/her next move. In addition, all of the necessary information investors need before opening a trade is visibly and clearly displayed on the same screen as the trading table, keeping you updated and informed at all times.10,000 of prize money is offered on a monthly basis on Opteck Competition page. These insane prizes are offered to the winners of the competitions, however Opteck also rewards cash prizes to at least 10 runner-ups who participate in each of the competitions.Opteck customer service team is renowned for its quick and effective responses to the inquiries of the companys clients. Without dragging the customer through pointless procedures, whenever a client approaches the support team, which is accessible via live chat, email and telephone, he/she can expect to speak in their native language with a professional representative whos capable of solving their inquiry within minutes.Opteck education center, also known as Opteck Academy, incorporates all of the necessary education resources new traders need in order to become professional investors. The quality of the content found in the Academy is remarkable, giving each and every new trader an equal opportunity in the financial industry.New traders arriving on the education center for the first time are likely to take advantage of the following features: Live trade webinars Private trading lessons A complete ebook introduction Fully operational demo account And 22 video tutorials on strategic tradingASIC defines a binary option asa financial product, in particular a derivative, under the Corporations Act. Any entity that deals in, or provides advice about, binary options to Australian investors must hold an Australian financial services (AFS) licence, or be authorised by an AFS licensee.Opteck has been marketing binary options to Australian investors by publishing online advertisements aimed specifically at Australians, offering exclusive deals to Australian investors and publishing articles aimed specifically at Australian investors.ASIC Commissioner Cathie Armour said, ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence or is authorised by an Australian financial services licensee and regulated by ASIC. This can be done by searching the Professional registers on our website.Binary options are relatively new products in the Australian market so investors might not fully understand the risks, even where the provider is licensed. We urge anyone interested in trading in binary options or other derivatives to make sure they understand what they are getting into and check they are dealing with an entity that is licensed to provide these products in Australia, Ms Armour said.Ms. Armours perspective further reinforces ASICs cautious approach toward retail OTC FX and binary options. The regulatory authority has indicated clearly in its enforcement reports that it aims to conduct further surveillance and ensure stringent oversight with regard to the business practices of FX and binary options companies offering services to retail investors, as well as making a consistent effort to warn potential investors of the risks of trading in FX and binary options via various public notices.Opteck reviewOpteck is passionate about binary options trading and for this reason, this broker offers global traders access to a cutting-edge trading platform and a wealth of trading tools and resources. To give traders peace of mind, as a privately owned company based in Belize City, Opteck is registered under the laws of Belize.Opteck offers a cash-back welcome bonus which provides traders with between 25 to 100 return on the initial investment amount.PlatformsTo ensure that all types of traders are catered for, Opteck offers traders an online web-based trading platform as well as a mobile platform.