Optium Group

Note: Optium Group's official website: https://www.optiumgroup.com/ is currently inaccessible normally.

Optium Group Information

Unregulated online broker Optium Group offers forex, stocks, indices, commodities, and cryptocurrencies on a proprietary platform. It requires a $100 minimum deposit with leverage up to 1:300, while the current status is unregulated.

Pros and Cons

Is Optium Group Legit ?

Currently as an unregulated broker, Optium Group does not hold any licenses from acknowledged financial regulatory bodies including the FCA (UK), ASIC (Australia), or the SEC (United States).

According to WHOIS data, the domain optiumgroup.com was registered on December 13, 2021 and has expiry date December 13, 2024. The domain status is “clientTransferProhibited,” meaning that domain cannot be transferred without appropriate permission.

What Can I Trade on Optium Group

Optium Group offers a broad selection of financial markets for trading, including currency pairs, indices, commodities, cryptocurrencies, and crude oil.

Account Types

Starter (€250), Pro (€2,500), and Advanced (€25,000) accounts are available from Optium Group.

The Starter account offers 15 currency pairings, 20 stocks, 15 indices, and 54 commodities;

The Pro account offers 20 currency pairs, 34 stocks, 20 indices, and 5,962 commodities.

All markets are accessible with the Advanced account. No mention of demo or Islamic accounts.

These accounts serve novice and experienced traders.

Leverage

Forex leverage ranges from 1:100 for Starter accounts to 1:300 for Advanced accounts at Optium Group. Stocks, commodities, indexes, and digital currencies have 1:100–1:200 leverage.

Optium Group Fees

The Starter account at Optium Group has no commissions and spreads from 0.0 pips, making it affordable for beginners. While the Pro and Advanced accounts have tighter spreads (0.1 and 1.5 pips), they also charge €13 and €20.5 every million exchanged.

Trading Platform

Deposit and Withdrawal

Deposit Options

Withdrawal Options