FXOptimax -Overview of Minimum Deposit, Spreads & Leverage

FXOptimax | 2024-11-21 13:48

Abstract：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.

Note: FXOptimax's official website: https://www.fxoptimax-brazil.com/ is currently inaccessible normal.

FXOptimaxReview Summary
Founded	2009
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Forex, metals
Demo Account	/
Leverage	Up to 1:1000
EUR/USD Spread	Average 1.9 pips
Trading Platform	MT4
Min Deposit	$10
Customer Support	Tel: +43 720145700
	Email: support@fxoptimax.com
	Company Address: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines, West Indies

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.

Pros & Cons

Pros	Cons
Low minimum deposit	Unregulated
	Unfunctional website
	Limited market offering
	Lack of demo accounts
	Wide spreads

Is FXOptimax Legit?

No, FXOptimax operates without any valid regulations from any authorities. Your fund won't be safe on this platform.

What Can I Trade on FXOptimax?

FXOptimax offers trading in 46 popular forex pairs (including exotics), gold and silver.

Trading Asset	Available
forex	✔
metals	✔
commodities	❌
indices	❌
energies	❌
stocks	❌
cryptocurrencies	❌

Account Type/Fees

FXOptimax offers its clients a choice of three account types – 4-Digits, Precision and Pro.

Account Type	Min Deposit	Min Trade Size	Max Leverage	Avg EUR/USD Spread	Commission
4-Digits	$10	0.01	1:1000	Fixed, 2 pips	❌
Precision	$10	0.01	1:1000	2 pips	❌
Pro	$100	0.01	1:500	0.2 pips	$2 per $100k traded

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.

Spread

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

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Windows, Android, iOS	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

FXOPTIMAX claims to accept deposits and withdrawals via credit/debit card, wire transfer, local payment agents, or e-wallets Neteller, Skrill, FasaPay, OKPay, Perfect Money and China UnionPay.

Leverage Broker Commission Currency Pair Dealer

Related broker

No Regulation

FXOptimax

Company name：FXOptimax Ltd

Score

1.49

Website：http://www.fxoptimax-brazil.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.49

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