FXOptimax – Forex Broker review

FXOptimax review and Rating
FXOptimax review

Name: FXOptimax review

Description: FXOptimax, established in 2009, is a Forex broker that is registered in Saint Vincent and the Grenadines under registration number 21417 IBC 2013. The company conducts business from New Zealand.

64%
64 of 100 1 review
  • Support - 70%
    70%
  • Platform - 70%
    70%
  • Insights - 50%
    50%
  • Leverage - 60%
    60%
  • Commission - 70%
    70%

Summary

FX Optimax offers the MetaTrader 4, MT Mobile, and ZuluTrade global forex trading top platform. FXOptimax.com offers over 10 of the most traded currency pairs, for investment and trading options. Clients have the chance of winning $20 with their opening $100 deposit. The bonus would count as an additional margin and be eligible for trading. There’s also a partnership commission of 2 pips and a $20 deposit bonus in the US.  Read FX Optimax, forex broker review, rating, regulation, and detailed information for their services below.

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User Review
4 (1 vote)
Comments Rating 0 (0 reviews)

Pros

  • Full STP execution, NO requotes
  • USD 10 minimum deposit
  • Up to 1:1000 leverage
  • Ultra-tight spreads, starting from 0 pips!
  • Multiple account choices to meet your trading needs

Cons

  • No Margin Interest Rate
  • Not available for US Traders
  • No Trading Contest available

FX Optimax offers a multi-lingual support staff. Customer service representatives can be reached through phone, live chat, or email. Clients can also use the comprehensive and informative FAQ posted on the company’s website. FX Optimax is trying to push the industry into higher standards, so their list of pros is relatively extensive. Clients have praised the company for fast and accurate executions and lack of requotes.

The broker has a straight-through processing/no dealing desk business model and only requires a low minimum deposit of $10 to open an account. They have high leverage, fixed tight spreads, and auto trading options. Scalping and hedging are allowed as strategies, and the company offers excellent bonuses for their clients.

Company FXOptimax NZ Limited
Founded in 2009
Offices in New Zealand
Payment options Credit/debit cards, EgoPay, FasaPay, OKPAY, Perfect Money, Skrill, UnionPay, WebMoney, Wire transfer
Demo platforms MetaTrader 4
Account currencies United States dollar
Currency pairs
AUD/CAD AUD/CHF AUD/JPY
AUD/NZD AUD/USD CAD/JPY
CHF/JPY EUR/AUD EUR/CAD
EUR/CHF EUR/GBP EUR/JPY
EUR/NZD EUR/USD GBP/AUD
GBP/CAD GBP/CHF GBP/JPY
GBP/NZD GBP/USD NZD/JPY
NZD/USD USD/CAD USD/CHF
USD/JPY
Regulated by FSP (New Zealand), 3307409
Website available in Arabic, Chinese, English, Indonesian, Persian, Portuguese, Russian, Spanish, Thai, Urdu
Support available in Chinese, English, Spanish
Support methods Email, Live chat, Office, Phone, Webform
Trading server time zone GMT
  • Bonus offers
  • PAMM accounts

Account Types

FXOptimax Micro Account

Minimum account size $10
Minimum position size 0.01 lot
Spread type Fixed
Spread on EUR/USD, pips 3
Trading instruments
Forex 1:500
Trading platforms MetaTrader 4, MirrorTrader, ZuluTrade
Digits after the dot in quotes 4
Stop-out level 20%
Number of currency pairs 25
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Browser-based platform
  • Automated trading

FXOptimax Mini Account

Minimum account size $100
Minimum position size 0.1 lot
Spread type Fixed
Spread on EUR/USD, pips 2
Scalping Forbidden
Trading instruments
Forex 1:500
Trading platforms MetaTrader 4, MirrorTrader, ZuluTrade
Digits after the dot in quotes 4
Stop-out level 20%
Number of currency pairs 25
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Browser-based platform
  • Automated trading

FXOptimax Precision Account

Minimum account size $10
Minimum position size 0.01 lot
Spread type Fixed
Spread on EUR/USD, pips 1.8
Trading instruments
Forex 1:500
Trading platforms MetaTrader 4, MirrorTrader, ZuluTrade
Digits after the dot in quotes 4 or 5
Stop-out level 20%
Number of currency pairs 25
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Browser-based platform
  • Automated trading
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