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FXOptimax

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Operating status: SCAM

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

Broker violations and abnormal records
  • 2023-04-25 BrokersView has reviewed that FXOptimax is an unregulated broker

    FXOptimax claimed to be registered with the Financial Services Authority of St. Vincent and the Grenadine (SVG FSA) under license number 21417-IBC-2013. However, we didn't find it in the SVG FSA register. In addition, it is important to note that the SVG FSA neither issues forex licenses nor regulates entities engaging in such activities. Moreover, on April 26, 2023, we find that the FXOptimax website is not functioning properly, which can be considered as a red flag, suggesting potential issues with this broker's reliability and resources.

    In essence, FXOptimax is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    FXOptimax claimed to be registered with the Financial Services Authority of St. Vincent and the Grenadine (SVG FSA) under license number 21417-IBC-2013. However, we didn't find it in the SVG FSA register. In addition, it is important to note that the SVG FSA neither issues forex licenses nor regulates entities engaging in such activities. Moreover, on April 26, 2023, we find that the FXOptimax website is not functioning properly, which can be considered as a red flag, suggesting potential issues with this broker's reliability and resources.In essence, FXOptimax is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Is the spread in FXOptimax high or low?

Pimphong
Jamaica
2023-04-26
ANSWER FXOptimax is an unregulated broker we advise against trading with, despite the seemingly attractive deals it offers.FXOptimax claimed to be registered with the Financial Services Authority of St. Vincent and the Grenadine (SVG FSA) under license number 21417-IBC-2013. However, we didn't find it in the SVG FSA register. In addition, it is important to note that the SVG FSA neither issues forex licenses nor regulates entities engaging in such activities. Moreover, we have found that the FXOptimax website is not functioning properly, which can be considered as a red flag, suggesting potential issues with this broker's reliability and resources.Regarding your question, investors should avoid dealing with this unlicensed broker FXOptimax. Entrusting it with your funds can be highly risky, as there are no legal protections in place to safeguard the funds. Therefore, we strongly suggest investors stay away from unlicensed brokers like FXOptimax and opt for fully regulated ones instead.
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3 comments

Daniel Davis
Good forex traders plan to be above break even point to make trading a viable endeavour.Templerfx WON'T allow you to withdraw any amount close to or greater than your TOTAL deposits. If you attempt such a funds withdrawal, they'll HOLD the funds, cancel the withdrawal, accuse you of arbitrage and then BLOCK your account. Typical scam.
2023-06-07
Reply
Greger Lundgren
I think they hate their traders. As soon as I asked about the contest demo account immediately silence. Do not believe in their honesty. They hate people who want to learn. Neither advise anyone. I can not imagine how you can trust them with capital.
2023-06-07
Reply
baneya
I dream this Broker is annulled. I hope it will no longer provide any services, no banners. It has bad commissions for new customers, no bills with the highest possible leverage.
2023-06-01
Reply
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