Forex Optimum Review
Forex Optimum is a well-established broker since 2009. Forex Optimum has a headquarter in St. Vincent & Grenadines. Forex Optimum to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by SVGFSA 20603.
Major Information
💲 Min Deposit $10
⚖ Max Leverage 1:500
💡 Min Position 0.01 lot
🌐 Website forexoptimum.com
⌛ Year Established 2009
4.40/5
Company Information
Features
💰 Bonus offers
📖 Free education
🔎 LAMM
📈 Managed accounts
🕋 Islamic accounts available
🇺🇸 US traders are welcome
Account Information
Apart from the forex demo account, this broker offers Cent and Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Forex Optimum is up to 1: 500. Meanwhile, you can open an account with a starting capital of $10.
Min Deposit
$10
Max Leverage
1:500
Spread
Fixed
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $10
💡 Min Position 0.1 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, Forex Optimum also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Cent account, Forex Optimum specifically provides it with the following instruments and leverage:
💲 Min Deposit $300
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, Forex Optimum also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Standard account, Forex Optimum specifically provides it with the following instruments and leverage:
Payment Methods
WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.
QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
Forex Optimum also provides payment with Credit/debit cards, UnionPay and Local bank transfer
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Forex Optimum offers you MetaTrader 4.
Customer Support
Do you have any question or find any trouble related to Forex Optimum? If you do, you should reach Forex Optimum's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About Forex Optimum
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Forex Optimum is a good broker for you or not by reviewing the criteria. In general, Forex Optimum provides trading service in Forex , Gold & silver and CFD . As for the payment methods, you can choose between Credit/debit cards, FasaPay, Local bank transfer, Neteller, QIWI, UnionPay and WebMoney. The customer support is available via Email, Live chat, Office, Phone and Skype.
The starting capital in Forex Optimum is $10.
Forex Optimum is regulated by SVGFSA 20603. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Forex Optimum is a brokerage company offering trading services for clients since 2009 with offices in St. Vincent & Grenadines.
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