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Optium Group Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-04 13:39

Abstract: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.

  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 Trader✔PC, 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

  

Related broker

No Regulation
Optium Group
Company name:Optium Group
Score
1.41
Website:https://www.optiumgroup.com/#
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.41

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