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Forex Optimum

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Operating status: SCAM

Website: https://forexoptimum.com

Broker violations and abnormal records
  • 2021-06-20 BrokersView has reviewed that Forex Optimum is an unregulated forex broker
    Forex Optimum claims 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). Besides, 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. So Forex Optimum is currently not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    Forex Optimum claims 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). Besides, 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. So Forex Optimum is currently not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Related Complaints

Q&A

Is FOG regulated in Australia? Someone advise me to deposit $200 to it.

Gerson Phylactou
Australia
2024-03-18
ANSWER Forex Optimum has been flagged as a potential scam due to its absence of necessary authorization to provide financial services. A notable red flag is the lack of substantial information on its website, which only features a "Contact Us" form.Despite its assertions of being registered in St. Vincent and the Grenadines, there is no evidence to support its legal registration for operations. This is a trait often linked with fraudulent activities.In light of these concerns, it is strongly recommended to avoid Forex Optimum, irrespective of their promises. To safeguard against fraud and identity theft, it is advisable to opt for fully regulated brokers.
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Forex Optimum has license or not? It's important to me!

InvestorFX
Finland
2023-03-23
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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2 comments

AvaTrade Team
After trading in ForexOptimum for more than 6 months, I was told suddenly that my profits was cut off. Then the broker told me that I violated the rules, but how? Later on, I tried withdrew again, but the broker didn’t send the SMS verification code to my mobile phone, so I couldn’t withdraw the money. ForexOptimum is a liar-never trade with it!
2023-06-09
Reply
Haaroon
Optimum blocked my personal account and stole all of my funds. They did not even notify me... This company is a real scam. They promised me that they would withdraw all the money for three weeks. But this is just rhetoric...
2022-07-13
Reply
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