Forex Optimum Review

Forex Optimum

Forex Optimum is a well-established broker since 2009. Forex Optimum has headquarters in Indonesia, Russian Federation and Thailand. They are generally well-suited for Forex Optimum to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by FSA (St. Vincent & Grenadines) 20603.


Company Information

Website
forexoptimum.com

Established
2009

Country
Indonesia, Russian Federation and Thailand

Regulation
FSA (St. Vincent & the Grenadines) 20603

Features

Interest rate on funds

Bonus offers

Free education

Personal manager

Trading by telephone

LAMM accounts

Managed accounts

Affiliate program

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

If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:


pin

Minimum Deposit

$10

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Maximum Leverage

1:500

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Spread

Fixed


Minimum Deposit $10

Minimum Position 0.1 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

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:


Forex

Forex
1:500

Gold & silver

Gold & silver
1:500


Minimum Deposit $300

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

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:


Forex

Forex
1:500

Gold & silver

Gold & silver
1:500

Payment Methods

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.

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.

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.

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.

Forex Optimum also provides payment with Credit/debit cards, Local bank transfer and UnionPay




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

English
Indonesian
Malay
Thai

Office
Support

Email
Support

Call
Support

Chat
Support




FAQ About Forex Optimum


Is Forex Optimum a good broker?

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.


What is the minimum deposit for Forex Optimum?

The starting capital in Forex Optimum is $10.


Is Forex Optimum regulated?

Forex Optimum is regulated by FSA (St. Vincent & Grenadines) 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.


Is Forex Optimum legit?

Forex Optimum is a brokerage company offering trading services for clients since 2009 with offices in Indonesia, Russian Federation and Thailand.


Give Your Review and Rate This Broker


These aspects are optional but will determine your review's reliablity


2 Reviews

Slash
Account Number: (595xxx)
This review is reliable

Jun 21 2021

This is an ordinary company, it is like everyone else, I was just very lucky with its support - it answers all my questions and suffers a lot from me. It helps me day and night. And when I saw the bad reviews of my broker, I was offended. If you do not understand trading, go to study and do not slander. Thank you for the conditions and withdrawal of profit and good support.

Nikolos
Account Number: (123456xxx)
This review is half reliable

Jun 14 2021

Hello to everyone I write from Italy. At the beginning of the year, I was shocked by Covid and Forex Optimum. I was so sick of Covid but Forex Optimum made me happy. You remember, there was a moment when oil prices retreated? I made money on this. Thank you guys for a good job and correct quotes of oil. I know that some brokers constantly have problems with this tool, there are gaps and freezes. I was lucky here and there were no such problems. I don’t like the size of the spread, but that’s not bad because the execution is good.