Score

1.39 /10
Danger

OptimizeFunds

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.08

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

EE FSA
2022-07-27

Broker Information

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Company Name

Asterisk Group LLC

Company Abbreviation

OptimizeFunds

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

OptimizeFunds · Company summary
OptimizeFundsReview Summary
Founded2024-01-31
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex/Commodities/Stocks/Energy/Metals/Indices/Agriculture
Demo Account/
Leverage/
SpreadFrom 0 pips
Trading PlatformWebtrader(PC/Tablet/Mobile)
Min Deposit€2500
Customer SupportEmail: support@optimizefunds.co

OptimizeFunds Information

OptimizeFunds is a broker. The tradable instruments include forex, commodities, stocks, energy, metals, indices, and agriculture. The broker also provides three accounts, including pro, pro+, and luxury. The minimum spread is from 0 pips and the minimum deposit is €2500. OptimizeFunds is still risky due to its unregulated status.

OptimizeFunds Information

Pros and Cons

Pros Cons
Various tradable instrumentsUnregulated
Spread from 0 pipsMT4/MT5 unavailable
Commission freeInaccessible official website
Unspecific transfer time and fee information

Is OptimizeFunds Legit?

OptimizeFunds is not regulated, making it less safe than regulated brokers.

Is OptimizeFunds Legit?
Is OptimizeFunds Legit?

What Can I Trade on OptimizeFunds?

OptimizeFunds offers various market instruments, including forex, commodities, stocks, energy, metals, indices, and agriculture.

Tradable Instruments Supported
Forex
Commodities
Stocks
Energy
Metals
Indices
Agriculture
Shares
Cryptocurrencies
ETFs
Bonds
Mutual Funds
What Can I Trade on OptimizeFunds?

Account Type

OptimizeFunds has three account types: pro, pro+, and luxury. Traders who want low spreads can choose a pro account, while those with a sufficient budget can open a luxury account.

Account Type ProPro+Luxury
First Deposit€2500€25000€250000
SpreadFloating from 0 pointsFloating from 1.3 pointsFloating from 1.5 points
Bonuses

OptimizeFunds Fees

The floating spread isfrom 0 points, the commission is 0. The lower the spread, the faster the liquidity.

Trading Platform

OptimizeFunds cooperates with the authoritative Webtrader trading platform available on PC, tablet, and mobile to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported Available Devices
WebtraderPC/Tablet/Mobile
Trading Platform

Deposit and Withdrawal

The minimum deposit is €2500. OptimizeFunds accepts Visa, Mastercard, Maestro, and Wire Transfer for deposit and withdrawal. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

Bonus

The maximum bonus is up to 25% of the transfer bonus. The first Deposit bonus is up to 10%.

BonusWelcoming bonus'First Deposit'Friends bring friends'Awarding Bonus'Upgrade your account'Upgrade Bonus'Transfer your capital'Transfer Bonus'
RatioUp to 10%Up to 15%Up to 20%Up to 25%

News

NewsKEEP YOUR DISTANCE! The CNMV has issued a warning to unlicensed FX broker OPTIMIZE FUNDS

Fake brokers nowadays entice victims in a variety of methods. Optimize Funds is a conglomeration of many typical deception strategies. If the broker is as excellent as it is represented, a large number of traders will flock to it. Regrettably, the broker is not.

WikiFX
2022-08-17 12:13
KEEP YOUR DISTANCE! The CNMV has issued a warning to unlicensed FX broker OPTIMIZE FUNDS

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