ANSWER Forex Optimum is an unregulated broker even though it states offers that look too good to be true.As we tried to access the website of this broker using the website address provided in your question, there only displayed a form for to submit message to them. It might be a sign of ceasing operations. In addition, as per our recorded information about this broker, Forex Optimum claimed to be registered in Saint Vincent and the Grenadines, but we didn't find any result in the registers of Saint Vincent and the Grenadines' Financial Services Authority (SVG FSA). Furthermore, it should be noted that the SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. Regarding your question, Forex Optimum is an unlicensed broker. Letting this broker hold and control investors' funds or trading with them is very risky. We would suggest investors stay away from unlicensed brokers like Forex Optimum and trade with fully regulated brokers.
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