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FX Optimax Reviews and User Ratings

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FX Optimax Special Bonus


Special Deposit Bonus

Get 20% Bonus for Deposits!

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FX Optimax General Information


Broker Name
FX Optimax
Established
2009
Country
New Zealand
Min Deposit
$10
Max Leverage
1:1000
Regulation
FSP
Email
admin@fxoptimax.com
Telephone
+358753251112
Fax
-
Website Language
English, Chinese, Russian, Spanish, Arabic, Portuguese, Indonesian, Persian, Thai, Urdu
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Perfect Money, Egopay, OKPay, WebMoney, Skrill, Neteller, FasaPay, China Union Pay
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Perfect Money, Egopay, OKPay, WebMoney, Skrill, Neteller, FasaPay, China Union Pay

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Description


FX Optimax Background

Established in 2009, FX Optimax is an online forex company taking a proactive approach toward pushing industry standards in customer service. The company conducts business from New Zealand. It is a member of the Financial Dispute Resolution Service in NZ and is registered in Saint Vincent and the Grenadines. FX Optimax has three account types based on the deposit amount clients wish to use. The lowest minimum deposit is as little as $10 and a Swap-free Islamic trading account can be provided upon request. FX Optimax utilize the standard MT4 platform since it is the most reliable and utilized platform in the business. However, the company has made headlines with several innovations designed to facilitate trading for their clients. One such innovation is FXOptimaxPipsbook, a social trading platform that allow traders to their own trading performance. It also lets new traders watch and emulate experienced traders, going so far as to allow autotrades based on what those traders are doing. Less innovative, but no less helpful, the company offers a margin calculator and a Knowledge Base on their website.

Features of FX Optimax

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.

Conclusion

FX Optimax is working hard to bring innovation to Forex retail trading. Overall, the company is worth a try.

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Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
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Pros and Cons


PROS:
  • FX Optimax is trying to push the industry into higher standards, so their list of pros is fairly 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 nice bonuses for their clients.
CONS:
  • On the relatively short list of cons is the high withdrawal fee.
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Account Type


  • Minimum Account Size: $100
  • Spread: Medium/ Variable
  • Trading Instruments: Forex, Gold & Silver
  • Trading Platforms: MT4, Iphone & Ipad App, Android App, SignalTrader AutoTrade
  • Stop-Out Level: 20%

  • Minimum Account Size: $500
  • Spread: Medium/ Variable
  • Trading Instruments: Forex, Gold & Silver
  • Trading Platforms: MT4, Iphone & Ipad App, Android App, SignalTrader AutoTrade
  • Stop-Out Level: 20%

  • Minimum Account Size: $10
  • Spread: Medium/ Variable
  • Trading Instruments: Forex, Gold & Silver
  • Trading Platforms: MT4, Iphone & Ipad App, Android App, SignalTrader AutoTrade
  • Stop-Out Level: 20%

  • Minimum Account Size: $10
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Gold & Silver
  • Trading Platforms: MT4, Iphone & Ipad App, Android App, SignalTrader AutoTrade
  • Stop-Out Level: 20%

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FX Optimax Review Score


FX Optimax Reviews and User Ratings
7.6 Total Score
5 reviews
Add your review
Web Design
7.8
Reliability
6.8
Platform
7.8
Customer Support
8.0
Withdrawal
7.6
Broker Name
FX Optimax
Established
2009
Country
New Zealand
Min Deposit
$10
Max Leverage
1:1000
Regulation
FSP
Email
admin@fxoptimax.com
Telephone
+358753251112
Fax
-
Website Language
English, Chinese, Russian, Spanish, Arabic, Portuguese, Indonesian, Persian, Thai, Urdu
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Perfect Money, Egopay, OKPay, WebMoney, Skrill, Neteller, FasaPay, China Union Pay
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Perfect Money, Egopay, OKPay, WebMoney, Skrill, Neteller, FasaPay, China Union Pay
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
FX Optimax Reviews and User Ratings
7.6 Total Score
5 reviews
Add your review
Web Design
7.8
Reliability
6.8
Platform
7.8
Customer Support
8.0
Withdrawal
7.6

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5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    TheBrokerNoob
    March 17, 2016 at 4:19 pm
    4.4
    Web Design
    90
    Reliability
    80
    Platform
    100
    Customer Support
    80
    Withdrawal
    90

    FX Optimax brings a whole a new level to client support, especially newcomers with their Pipbook, which basically allows me to emulate any trader or expert out there and make the same trades he or she is making to get me ahead. It also comes with a free analysis of how I am currently performing compared to other traders. It was just a real help in getting me on my feet and running amok in the trading business.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    NunuGotABooBoo
    February 11, 2016 at 11:00 am
    2.1
    Web Design
    50
    Reliability
    30
    Platform
    50
    Customer Support
    40
    Withdrawal
    40

    One of the features that FX Optimax baited me with was the Pipbook, but I eventually stayed because of their amazing bonuses. Little did I know that those bonuses come with an entire factory worth of strings attached. Apparently bonuses given by FX Optimax require account holders to trade a certain number of lots or else you forfeit the bonus. I ended up losing my massive bonus thanks to this, slime balls!

    Helpful(0) Unhelpful(0)You have already voted this
  3. Reply
    TheOriginalGodzilla
    January 19, 2015 at 1:52 pm
    3.6
    Web Design
    70
    Reliability
    70
    Platform
    60
    Customer Support
    80
    Withdrawal
    80

    I have to say that my experience with FX Optimax has been good in the past two years that I have been with them. Their services rendered are good and the fixed spreads makes trading a lot more manageable. One thing I don’t like about them though is how the bonuses they give out cannot be used in margin trading. Other than that there really isn’t much more to say.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    AnnaBanana
    November 27, 2014 at 9:00 am
    4.5
    Web Design
    90
    Reliability
    80
    Platform
    90
    Customer Support
    100
    Withdrawal
    90

    FX Optimax charges a fixed spread on all their transactions with the lowest being 2 pips for major currency, and 25 pips for more exotic currency pairs. When it comes to commodities, the spreads are higher with 8 pips for silver and 40 pips for gold. I appreciated fixed spreads because no matter what I already know how much I’ll be spending on my trades.

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  5. Reply
    TheFirstNoel
    November 21, 2014 at 8:00 am
    4.4
    Web Design
    90
    Reliability
    80
    Platform
    90
    Customer Support
    100
    Withdrawal
    80

    One way to find out just how much a broker cares about its traders is through excellent customer support. This is exactly how FX Optimax does it, not only is it immensely invested in ensuring top of the line customer support for their clients; they also make sure that they cover all the language bases. As an Indonesian I definitely love speaking in my native language.

    Helpful(0) Unhelpful(0)You have already voted this

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