Forex Optimum

Editorial Rating:
2.00
Accept US Traders:
No

ForexOptimum.com

Forex Optimum is an independent FX broker formed in 2009 with the intention of giving private investors the same lucrative FX opportunities as institutions with direct access to interbank liquidity. Although unable to offer clients the same currency exchange rates as those enjoyed by large banks, Optimum Forex has utilised the latest technology to get as close to these rates as possible.

For all traders the industry’s most popular trading platform, MetaTrader 4, is available and on top of this Forex TV Online (a live market commentary feature) and Optimum Consultant (recommendations from expert traders) create a complete trading system. Indeed, by fusing the industry’s top piece of software with two innovative training resources certainly helps users move closer to interbank trading conditions.

To complete a platform that aims to facilitate and train users, Forex Optimum has a support team that’s fluent in English, Russian, Indonesian and Thai in order to address any issue account issues.

ForexOptimum.com’s Special FX:

Arguably the biggest incentive for anyone wanting to trade on the foreign exchange through this broker, aside from the training provisions mentioned above, is the monthly bonus payments. Unlike other online FX brokers who focus all their efforts on deposit incentives, Forex Optimum is also able to pay a loyalty reward to all standard account holders.

While the 25% deposit bonus will certainly be attractive to all investors, the 26.8% monthly payment based on a user’s account balance will be enough to sway active traders to use Forex Optimum. Given to those who achieve Premium and VIP status, the payments are a great way for high-level users to supplement their trading income.

To assist those who aren’t quite up to Premium or VIP status, Forex Optimum’s Education Centre is on hand to give them a solid knowledge base. Combining written material, online seminars and training courses, the resources on offer cover all aspects of the industry from the basic terms to the most effective trading strategies.

The Essentials:

Forex Optimum has two main accounts with options for high-level traders enhance their environment and make more money by reaching Premium and VIP status.

MetaTrader 4 is used as the backdrop for all accounts and this means users can engage in in-chart trading, execute one-click investments and apply trailing stops through their desktop, browser or mobile devices.

StartUP Account:
Minimum account size = $10
Minimum position size = 0.1 lot
Fixed spreads on major currency pairs from 3 pips.
Scalping and Expert Advisors are allowed.
Leverage = 1:500
Digits quoted after the dot comma = 4
Margin call level = 50%
Stop-out level = 20%
Minimum distance to stop/limit orders = 10 pips
Number of currency pairs available = 54 (including 8 exotic)

Standard Account:
Minimum account size = $300
Minimum position size = 0.01 lot
Fixed spreads on major currency pairs from 3 pips.
Scalping and Expert Advisors are allowed.
Leverage = 1:500
Digits quoted after the dot comma = 4
Margin call level = 50%
Stop-out level = 20%
Minimum distance to stop/limit orders = 10 pips
Number of currency pairs available = 54 (including 8 exotic)

*Note: Traders who achieve a balance of $10,000 can progress to Premium level and benefit from a personal manager and analyst. Additionally, for those who achieve an amount of $500,000 a VIP account with various benefits such as a 31% interest rate, personal services and a 50% credit line is available.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.