We have recently reviewed a binary options broker named Opteck (see here). Opteck has been in business since 2011 and they have recently received regulation from CySEC. We actually wanted to take a closer look at the fastest possible way we can execute a trade from start to finish and also end up with a high profit success ratio. From taking a closer look at Opteck’s online trading platform, we saw that they offer a feature called “Quick Options”, so we decided to test it.
Trade execution speed
We must say that trade execution speed on Opteck’s trading platform was extremely quick. Additionally, there is much more excitement in trading 30 & 60 sec. binary options, even for novice traders. However, since there is no “insurance” due to very short expiry times, it is highly recommended to take a closer look at both technical and fundamental analysis as well as utilize the binary option signals tool in order to increase profitability.
Difference between 30 & 60 sec binary options
There is no much difference between 30 & 60 sec. options, apart from the fact that they are perfect for implementing the so called “scalping strategy” within them. Scalping is known as a trading style that specializes in taking profits on small price changes, usually very soon after a trade has been executed and became profitable. When implementing 30 & 60 sec. quick options, the actual exposure to the market is at a minimum level, which almost certainly eliminates the probability of being influenced by a sudden market event.
Overall, 30 & 60 sec. quick options are a great way to trade binary options with a broker that provides this service, and Opteck is one broker you should definitely keep an eye on for that purpose.