Score

1.38 /10
Danger

Optium Group

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 3

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Score

Regulatory Index0.00

Business Index5.96

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Broker Information

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Company Name

Optium Group

Company Abbreviation

Optium Group

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Optium Group · Company summary

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

Optium Group Review Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, Commodities, Stocks, Indices, Cryptocurrencies
Demo Account
LeverageUp to 1:300
SpreadFrom 0.0 pips
Trading PlatformOptium Group Web Trader (proprietary)
Min Deposit$100
Customer SupportEmail: sup@optiumgroup.org

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

Pros Cons
Wide range of trading instrumentsSuspected clone of NFA regulation
Low minimum depositUnclear spreads and commissions
High leverageNo industry-standard platforms like MT4/MT5
Proprietary trading platformLimited customer support channels
Multiple payment options

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).

Is Optium Group Legit ?

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.

Is Optium Group Legit ?

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.

Tradable Instruments Supported
Forex
Commodities
Crypto
CFD
Indexes
Stock
ETF

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

Trading PlatformSupported Available Devices Suitable for
Optium Group Web TraderPC, MobileAll types

Deposit and Withdrawal

Deposit Options

Deposit Options Min. DepositFees Processing Time
VISA, MasterCard, Maestro, Bitcoin, Wire Transfer$100Not mentionedInstant

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
VISA, MasterCard, Maestro, Bitcoin, Wire TransferNot mentionedNot mentionedNot mentioned

News

ExposureWikiFX Review: Is it OK to invest in Optium Group?

Optium Group is an online forex broker offering a couple of financial instruments to its clients globally. One question we are going to answer in this article is “Is this broker reliable?”

WikiFX
2022-09-23 19:00
WikiFX Review: Is it OK to invest in Optium Group?

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User comment

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Comments

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SaSali
more than one year
Understood, let's put a spin on it. Y'all listen up, the UK-based Optium Group has got a stellar Web Trader platform loaded with every asset you can dream of. It's easy access with just $100 and they've got your back with leverage soaring up to 1:300. Apart from the crazy low spreads from 0.0 pips, they're super flexible with account types and payment options. Guess what? They even take Bitcoin. How cool is that?
Understood, let's put a spin on it. Y'all listen up, the UK-based Optium Group has got a stellar Web Trader platform loaded with every asset you can dream of. It's easy access with just $100 and they've got your back with leverage soaring up to 1:300. Apart from the crazy low spreads from 0.0 pips, they're super flexible with account types and payment options. Guess what? They even take Bitcoin. How cool is that?
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2023-12-11 18:38
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Calvin97463
more than one year
Optium Group lacks valid regulation, raising concerns. There are suspicions about their claim of United States NFA regulation. Unclear spreads and commission structures, no MT4/MT5 support, limited customer support channels, and educational resources are drawbacks. Traders should proceed with caution and conduct thorough research.
Optium Group lacks valid regulation, raising concerns. There are suspicions about their claim of United States NFA regulation. Unclear spreads and commission structures, no MT4/MT5 support, limited customer support channels, and educational resources are drawbacks. Traders should proceed with caution and conduct thorough research.
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2023-12-08 18:14
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