FXOptimax Review 2024
Regulation:
  • SVGFSA

FXOptimax Review 2024

Updated: October 06, 2023
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of FXOptimax Trading Company

“FXOptimax NZ” Limited is rapidly developing in the field of Forex-industry. It should be noted that this broker did not set the minimum trading deposit. Apart from that, the company holds different campaigns and provides bonuses. Various strategies including scalping and advisers can be tried together with “FXOptimax”.

Geographic Distribution of FXOptimax Traders

Popularity in

37.5%
JP
Japan
33.8%
ID
Indonesia
25%
US
United States
1.23%
IN
India
1.01%
ZA
South Africa
0.66%
GB
United Kingdom
0.36%
CA
Canada
0.3%
AU
Australia
0.14%
Others
Others

User Satisfaction i

10 comments
Total score:
2.4 /10
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xxxVladzzz

I tested fxoptimax and came to the conclusion that this company is not suitable for trading. Lost 700 bucks here. So how not to lose if the company is cheating. As they want so trade and twist. That breaks in communication, then some other nonsense.

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Aldosr

FXOptimax scammers do not withdraw my funds. They brazenly do not give them away, coming up with many reasons for not doing so. They hang the system, the queue, and much more. In fact, this is how they play for time and wait for the trader to simply stop seeking their money.

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Hectorfece

The trading platform of FXOptimax works just disgusting. Constantly freezes. Also, incorrect quotes are constantly palmed off. There is no trust in them.

Responses to a comment
lethahorder9371 to Hectorfece

I also got burned trading with this company. Yes, they don't cheat and that's why I lost 5000 bucks here.

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Williamtrep

I do not recommend dealing with these scammers. They simply block the personal account and appropriate all the money. They make everything easy and simple. Think 100 times before opening an account here.

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garytu69

I trade in FXOptimax recently, so I have not tried to withdraw funds yet. In trading, there are no complaints about the broker: the quotes are reliable, there are no freezes in the terminal. The speed of execution on a real account is slower than on a demo, but this is quite a natural phenomenon. I liked the fact that FXOptimax has protection against order execution on slippage: if the price is held for less than one tick, then the order will not be executed. The strategy has not yet been finalized. I am glad that there are no restrictions on trading methods, so I am testing different options - from scalping to medium-term. The spreads are tight here, so I'm more inclined towards intraday trading.

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ayla2008

we got it with calls and letters. I don’t understand how and where I managed to leave my contacts, maybe someone just leaked the customer base, but they just tortured me with calls and requests to open an account with them

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ausprishwa

Weak broker including customer support. Many questions are ignored, and they categorically do not want to solve problems with the operation of the platform. With such an attitude towards clients, Fx optimax hardly has great chances for development. Year / two and scam provided

Trading Conditions for FXOptimax Users

💻 Trading platform: MetaTrader4, Mobile, FXOptimax Forex Copy
📊 Accounts: Real, Demo
💰 Account currency: USD
💵 Replenishment / Withdrawal: Perfect Money, Fasapay, Tether, Local Exchanger
🚀 Minimum deposit: 10 USD
⚖️ Leverage: 1:1000
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: from 0,1 pip
🔧 Instruments: Forex
💹 Margin Call / Stop Out: Stop Out Level 20 %
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: 25% Deposit Bonus

Contacts

Foundation date
Registration address Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines, West Indies
Regulation
Official site
Contacts
Disclaimer:

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
FXOptimax Review FXOptimax Review

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FAQs

Why has FXOptimax been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against FXOptimax by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of FXOptimax is down, not updated or operates with clear errors and some features are not available;
• FXOptimax has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if FXOptimax got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why FXOptimax got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from FXOptimax?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if FXOptimax is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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