User Reviews
More
User comment
1
CommentsWrite a review
Score
Saint Vincent and the Grenadines
2-5 yearsSuspicious Regulatory License
White label MT4
Regional Brokers
High potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.70
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
More
Company Name
FXOptimax Ltd
Company Abbreviation
FXOptimax
Platform registered country and region
Saint Vincent and the Grenadines
Company website
Company summary
Pyramid scheme complaint
Expose
General Information & Regulation
FXOptimax was founded in 2009 and is currently operated by FXOptimax Ltd, a Saint Vincent and the Grenadines registered company holding a license number 21417 IBC 2013. However, there is zero evidence that FXOptimax is regulated by any regulatory agency, so it is an unregulated broker unsafe to trade with.
Market Instruments
There seems only currency pairs tradable on the FXOptimax platforms. Other popular assets like precious metals, commodities, stocks are not mentioned.
Minimum Deposit
FXOptimax requires minimum deposit of $10 to start real trading. Although this sounds encouraging, given the fact that FXOptimax is unregulated, traders are not advised to register accounts here.
Micro Trade Size
The minimum trade size allowed by FXOptimax is 0.01 lot, which sounds friendly to beginners.
Leverage
Trading leverage is associated with account balance (in USD). FXOptimax offers the leverage up to 1:1000, which is absurdly high. Keep in mind that trading with an unregulated broker offering such high leverage is really not a good option. Leverage can magnify returns as well as risks.
Spreads & Commissions
FXOptimax advertises that it offers spreads as low as 0 pips. The average spread on the EUR/USD pair is 1.9 pips, GBP/USD 2.2 pips, USD/JPY 1.9 pips, USD/CHF 1.8 pips, AUD/USD 2.2 pips, USD/CAD 3.1 pips, XAU/USD (gold) 19.1 pips, XAG/USD (Silver) 2.47 pips.
Trading Platform Available
FXOptimax provides its traders with MT4 trading platform, available in Windows, Android and Ios.
Deposit & Withdrawal
FXOptimax works with four payment methods, including Perfect Money, FasaPay, USDT, and Local Exchanger. The minimum deposit is $1 and FXOptimax charges no fee for deposit. As for withdrawal, the minimum amount is $1, a fee of 0.5% is charged for withdrawing funds through FasaPay, and $5 for withdrawal through USDT.
Customer Support
The FXOptimax customer support can be reached through telephone: +43 720 145700, email: support@fxoptimax.com, online chat. FXOptimax Address: Suite 305,
Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines, West Indies.
More
User comment
1
CommentsWrite a review