Forex Optimum Review 2024

Forex Optimum 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 Forex Optimum Trading Company

“Forex Optimum” was established in the year 2009 in order to provide traders with the advanced brokerage services by means of the most popular features, as well as by means of the most beneficial conditions for its partners.

Geographic Distribution of Forex Optimum Traders

Popularity in

66.31%
RU
Russian Federation
6.26%
GB
United Kingdom
6.13%
US
United States
5.11%
NL
Netherlands
3.77%
TR
Turkey
3.68%
BR
Brazil
2.06%
ID
Indonesia
1.79%
UA
Ukraine
1.48%
AE
United Arab Emirates
1.25%
PS
Palestinian Territory, Occupied
2.16%
Others
Others

User Satisfaction i

26 comments
Total score:
6 /10
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fx4xscoring

I am new to FxOptimum. Of the advantages of the broker, first of all, I can name the use of the STP network with the withdrawal of transactions to the market without preliminary processing. At the same time, the same technology is used on a cent account, which I decided to open to get to know the company better. I consider STP on mini-accounts a big advantage of FxOptimum, since not every trader will risk investing big money at once in order to fully understand the pros and cons of a brokerage company. I thought in parallel to try investing in managers from the community. But I could not figure out exactly what criteria they take in the ranking, so I decided to abstain for now.

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Kostya

I support this broker! Very reliable guys. No scam, no hidden fees. They even compensate the fee of the payment system when replenishing the account. And there are no commissions from the broker when depositing and withdrawing money. There are VIP accounts. Managers are constantly in touch. There are training videos.

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Alex777

I am learning to trade with Forex Optimum according to their copyright programs. Education is free, you get a lot of new information. It’s hard to learn everything at once. Therefore, I gradually train on a demo account. I’m trying the learned trading strategies. So far, I have just figured out how to trade on news. There is nothing complicated about it. You read the news and open a position as the market moves. Then you close the position fixing the profit or loss.

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Kostik

There are no perfect companies. But Forex Optimum tries to do the best for its clients. This is especially well reflected in my profit increase on Lamm accounts for the last quarter. They constantly improve the service and raise only the most successful traders to the top, whose trades can be copied without fear. In one day I had a record of about 2% net profit. There are no problems regarding the withdrawls. Thank you, company!

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Rich560m

Sometimes Forex Optimum even withdraws money faster than stated in the regulations. They never delayed payments, but sometimes they would withdraw it right after 24 hours. And last time the money was withdrawn in just a few hours. Among the advantages that are significant for me, I can highlight the affiliate programme, thanks to which I earn a percentage of the transactions of my referrals. It's a cool system. I recommend everyone to try to understand it and start earning.

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rostik

I’m satisfied with the broker. It’s not a kitchen. It has a lot of assets with a positive history. Assets analysis is convenient. The broker doesn’t cut in charts 1000% and does not spoil its reputation.

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biydirukne

It is difficult to have an opinion about the Forex Optimum broker since I have only a few weeks of experience. Once I managed to deposit and withdraw money. It was withdrawn without problems in 17 hours. Verification takes 1 day. I’m currently trading on a cent account with a deposit of $10. I have 10.22 dollars on the account in two weeks) I had a drawdown therefore it became less. So far, everything is ok. I hope it’ll stay this way.

Trading Conditions for Forex Optimum Users

💻 Trading platform: MetaTrader4
📊 Accounts: Standard Account, Cent Account
💰 Account currency: USD
💵 Replenishment / Withdrawal: FasaPay, Neteller, WebMoney, Accentpay, Qiwi, Local exchange offices
🚀 Minimum deposit: 10 USD
⚖️ Leverage: up to 1:1000
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01 lot
💱 Spread: From 1.2 pip
🔧 Instruments: Forex, CFD on Metals, CFD on Indexes, CFD on Commodities, CFD on stocks
💹 Margin Call / Stop Out: 50/20%
🏛 Liquidity provider: No
📱 Mobile trading: No
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: 50% Bonus on First Deposit, 100% Bonus

Contacts

Registration address 1 Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines
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.
Forex Optimum Review Forex Optimum Review

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FAQs

Why has Forex Optimum been placed on the Forex Broker Blacklist?

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

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

Don’t panic right away. First, try to find out the reason why Forex Optimum 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 Forex Optimum?

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 Forex Optimum 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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