Independent rating of Forex broker FXOptimax
3/10 (votes 100)
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On-line since
2009
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Country of origin
International Financial Services Authority (IFSA)
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Regulation
New Zealand
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Payment options
wire transfer, payment cards, EuroGoldCash, FasaPay, Skrill, Perfect Money, Webmoney
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Minimum account size
$10
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Minimum lot size
0.01 lot
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Leverage
1:1,000
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Spreads
floating, fixed
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FXOptimax offers four types of accounts including live, Micro, STP, and demo. The company operates according to the NDD (No Dealing Desk) model. The trading conditions provided by FXOptimax include $10 initial deposits, 1:1,000 leverage, narrow spreads from 0.3 pips, and fast execution without any re-quotes. The company allows the use of expert advisors as well as scalping and hedging strategies. The broker offers two trading platforms to choose from: Myfxbook AutoTrade и SignalTrader AutoTrade.
Visit the company’s website to get a deposit bonus and participate in promotional campaigns.
Comments
Positive
Negative
All
Author:
Genedy
Date:
2022-09-15 06:49:06
(UTC+3)
This is a bad sign that the broker is starting to play tricks on you. I'm still pretty much disappointed with this broker as I have been experiencing major requotes for the past few weeks if not months. They should change their name to Slippage Trading, this would be more accurate. When you're in a trade the spreads can get extremely wide. Save you're money find a better broker. Poor performance, did not receive my withdrawal that I've made 40 days ago. Bank is saying there is no withdrawal and also provided the bank statement. and is still not cooperating with me.
Author:
Gagoon
Date:
2022-05-24 06:44:36
(UTC+3)
FXOptimax is the most complicated broker. So many requirements that must be fulfilled client and they are easy in the beginning but will be fraught with difficulties afterwards. This makes clients reluctant to join them and a lot of clients have left this broker. and then, my account can not be used suddenly without any notice from them and their explanations are very wordy and unreasonable when I ask why.
Author:
Mushe
Date:
2022-01-14 05:26:31
(UTC+3)
I had FXOptimax account for the past 6 months but I closed it after many crashes of the platform MetaTrader 4, delays in withdrawing of the profit, changing of the Stop Limit. I called their support team many times but I never got support. They always say will fix the problem, and never call me back. I traded mainly currency pairs and sometimes gold. The profit was on average $630 a month. The broker is not honest with it's commissions, I don't recommend it.
Author:
Xinjie
Date:
2021-10-14 03:51:25
(UTC+3)
FXOptimax has a low minimum initial deposit. I guess this is why many newbies were convinced to open an account with them. However, what the broker does not tell us is that they charge high trading fees. Investing only $10 will not get you anywhere with how wide the spread is.
Author:
Raymond
Date:
2021-09-24 02:11:04
(UTC+3)
I have been trading with FXOptimax since 3 months ago. What I got from this broker is joining this broker is not profitable. They don't have a good trading platform, slow execution, and high spreads. They always gave me a hard time during my trading, and I lost $350 profit in one trade due to their slow execution. I don't have a good experience with this broker since I joined them, I will move to another broker.
Author:
Taylor
Date:
2021-06-23 05:29:10
(UTC+3)
It is easy to open an account at FXOptimax because their minimum initial deposit is very low and the procedure is simple. However, I am a little disappointed with how frequent their spread would change. Sometimes, in a single trading session, the spread would change multiple times and would even go as high as 13pips. For me, this is too much.
Author:
Katty
Date:
2021-05-20 03:22:32
(UTC+3)
I am not happy with this broker. After you make a deposit and receive a bonus, they will ask you to make more deposits and force you to make riskier trades. Their trade against their traders or clients. Also, this broker didn't provide a good trading platform. It's better to save your money and don't waste your time with them. They are not a recommendable broker.
Author:
Perapat
Date:
2021-03-02 07:17:36
(UTC+3)
If you are planning to open an account at FX Optimax, then you better think twice. I just recently closed my account from this broker because of their terrible platform. The platform worked very differently from the platform that I used during demo trading. In real trading, the platform always crashed and there were a lot of slippage. I was not able to trade for long because I will only end up losing all my capital.
Author:
Flowy
Date:
2021-01-22 02:12:06
(UTC+3)
I don't have any good trading experience with FXOptimax. Their platform is unstable, and spreads could get higher suddenly. The platform is not user friendly, and I can't even put my orders in my desired positions. Either not getting profit or lost, that's only what I got when I was trading with them. I was so suffering trading with them, and trading is only my activity to get money. Since trading is my main income, I can't trade with that kind of broker and I have to close my account at this broker. They are not reliable, I don't recommend this broker.
Author:
Oemha
Date:
2021-01-10 07:30:11
(UTC+3)
I use FXOptimax on the recommendation of one of my colleagues. I like the platform especially their sever works very fast. My NDD account is used for an intraday strategy that trades at the London open which is quite a busy time and I must admit to not having too many re-quote troubles or without doubt no more than you see from many other brokers. Their payment system works very well. Also happy with the service and the spread.
