Score
FXOptimax
Saint Vincent and the Grenadines|2-5 years| http://www.fxoptimax-brazil.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
White Label
CyprusContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Disclosure
Danger
Contact number
+43 720145700
Other ways of contact
Broker Information
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FXOptimax Ltd
FXOptimax
Saint Vincent and the Grenadines
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
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- Non-Fixed Capital(A)+(B)-(C)=(D)
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- Market Risk
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- Underlying Risk
Capital
$(USD)
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FXOptimax · Company Summary
General Information & Regulation
FXOptimax was founded in 2009 and is currently operated by FXOptimax Ltd, a Saint Vincent and the Grenadines registered company holding a license number 21417 IBC 2013. However, there is zero evidence that FXOptimax is regulated by any regulatory agency, so it is an unregulated broker unsafe to trade with.
Market Instruments
There seems only currency pairs tradable on the FXOptimax platforms. Other popular assets like precious metals, commodities, stocks are not mentioned.
Minimum Deposit
FXOptimax requires minimum deposit of $10 to start real trading. Although this sounds encouraging, given the fact that FXOptimax is unregulated, traders are not advised to register accounts here.
Micro Trade Size
The minimum trade size allowed by FXOptimax is 0.01 lot, which sounds friendly to beginners.
Leverage
Trading leverage is associated with account balance (in USD). FXOptimax offers the leverage up to 1:1000, which is absurdly high. Keep in mind that trading with an unregulated broker offering such high leverage is really not a good option. Leverage can magnify returns as well as risks.
Spreads & Commissions
FXOptimax advertises that it offers spreads as low as 0 pips. The average spread on the EUR/USD pair is 1.9 pips, GBP/USD 2.2 pips, USD/JPY 1.9 pips, USD/CHF 1.8 pips, AUD/USD 2.2 pips, USD/CAD 3.1 pips, XAU/USD (gold) 19.1 pips, XAG/USD (Silver) 2.47 pips.
Trading Platform Available
FXOptimax provides its traders with MT4 trading platform, available in Windows, Android and Ios.
Deposit & Withdrawal
FXOptimax works with four payment methods, including Perfect Money, FasaPay, USDT, and Local Exchanger. The minimum deposit is $1 and FXOptimax charges no fee for deposit. As for withdrawal, the minimum amount is $1, a fee of 0.5% is charged for withdrawing funds through FasaPay, and $5 for withdrawal through USDT.
Customer Support
The FXOptimax customer support can be reached through telephone: +43 720 145700, email: support@fxoptimax.com, online chat. FXOptimax Address: Suite 305,
Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines, West Indies.
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