Review summary
Optionfield, operating as Optionfield Limited, is an online trading entity established for 5-10 years and registered in Saint Vincent and the Grenadines, a jurisdiction widely recognized for its lack of stringent, authoritative financial oversight for forex brokers. According to WikiFX data, it holds no valid regulatory licenses from major financial authorities, classifying it as an unregulated entity. This status presents a fundamental and elevated risk to traders, as it operates without the protection of a formal regulatory framework, client compensation schemes, or mandatory segregation of funds. The broker offers three primary forex account types (ELITE, PRO, CLASSIC) with minimum deposits ranging from $0 to $10,000 USD and maximum leverage up to 1:200, supporting features like scalping and Expert Advisors (EAs). Public exposure highlights issues regarding potential order execution practices. WikiFX's comprehensive assessment results in a very low overall score of 1.58, reflecting significant concerns across multiple operational dimensions, most critically in the areas of regulation and licensing. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-02)
