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OptimizeFunds

Saint Vincent and the Grenadines|2-5 years|
Suspicious Scope of Business|High potential risk|

https://optimizefunds.co/

Website

Rating Index

Contact

support@optimizefunds.co
https://optimizefunds.co/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

EE FSA
2022-07-27

Broker Information

More

Company Name

Asterisk Group LLC

Company Abbreviation

OptimizeFunds

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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OptimizeFunds · Company Summary

general information and regulation of OptimizeFunds

OptimizeFundsit was registered in st vincent and the grenadines less than 2 years ago and currently does not have any regulatory licence. the information on their website is quite limited.

In the following article, we will analyze the characteristics of this merchant in all its dimensions, offering you easy and well-organized information. If you're interested, read on.

At the end of the article, we will also briefly extract the most significant advantages and disadvantages so that you can get an idea of ​​the broker's features at a glance.

información general

market instruments

currency pairs, indices, raw materials, metals, energies, cryptocurrencies, stocks, futures… OptimizeFunds gives its clients access to a massive trading market. So beginners and sophisticated alike could find what they want to trade on. OptimizeFunds .

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spreads and commissions to trade with OptimizeFunds

OptimizeFundsIt does not detail very well on its website the additional trading costs of spreads, commissions, swaps, which are very important when calculating profits and losses. these costs should be considered together and not chosen in isolation, and if you want to trade with OptimizeFunds We recommend that you take some time to calculate these trading costs.

trading accounts available at OptimizeFunds

Demo Account: Offers a demo account for you to try a little on the financial market without the risk of losing money.

real account: OptimizeFunds offers a total of 4 account types: penny, pro, pro+ and luxurious. the minimum deposit to open an account is respectively $250, $2,500, $25,000 and $25,000. If you are still a beginner and did not want to invest too much money in forex trading, the penny account will be the most suitable option for you. but we must also be aware that having too little capital not only reduces losses, but also returns. therefore, it may seem “unexciting” or unprofitable to you. Furthermore, accounts with smaller initial deposits tend to have less favorable trading conditions.

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trading platform that offers OptimizeFunds

the trading platform OptimizeFunds It's a browser-based, so you don't need to download any software to do the trading.

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Leverage monximo of OptimizeFunds

the maximum leverage offered OptimizeFunds is up to 1:500, which is a generous offer, ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also cause loss of funds, especially for inexperienced traders. therefore, it is essential that traders choose the right amount based on their risk tolerance.

Deposit and Withdrawal: methods and fees

Regarding deposits and withdrawals, the company only lists some payment options, but does not cover the most important parts, such as additional fees, minimum amounts, time required for procedures, etc. It states that there are no commissions to deposit money, but it does not say anything about withdrawals,

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education in OptimizeFunds

A number of educational resources are available at OptimizeFunds . we have many analysis, tools, strategies available.

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customer service of OptimizeFunds

Here are more details about customer service

English language

Service hours: 24/5

email: support@ OptimizeFunds .co

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complaints against OptimizeFunds that we have received in wikifx

We have not received any complaints for the moment.

pros and cons of OptimizeFunds

Pros:

high leverage

educational resources

many products traded.

Contras:

lack of effective regulation

lack of information

few deposit and withdrawal methods

there is no MT4/MT5

no islamic accounts

no hay copy trading.

frequently asked questions about OptimizeFunds

Is this broker regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

Does this broker offer MT4/MT5?

No, OptimizeFunds does not offer mt4 or mt5.

News

KEEP YOUR DISTANCE! The CNMV has issued a warning to unlicensed FX broker OPTIMIZE FUNDS

NewsKEEP YOUR DISTANCE! The CNMV has issued a warning to unlicensed FX broker OPTIMIZE FUNDS

2022-08-17 12:13

Fake brokers nowadays entice victims in a variety of methods. Optimize Funds is a conglomeration of many typical deception strategies. If the broker is as excellent as it is represented, a large number of traders will flock to it. Regrettably, the broker is not.

WikiFX
2022-08-17 12:13
News
KEEP YOUR DISTANCE! The CNMV has issued a warning to unlicensed FX broker OPTIMIZE FUNDS

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