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Overview

Forex Optimum was founded in 2009 and focused on the provision of brokerage services, providing traders with access to the foreign exchange market on favorable conditions.

Nowadays The Head Office of the Forex Optimum is located in Moscow, and two international representative offices are situated in Indonesia and Thailand. Broker provides an opportunity for traders to trade currency, securities and CFD on the global financial markets.

Novice traders can enroll in free seminars, which are conducted in several languages, and they will receive answers to their questions about the Forex market during the course of the training.

In addition, the broker holds for their clients a variety of promotions with different Forex bonuses, as well as organizes the contest League of Robots with attractive prizes.

Bonuses

Forex Optimum provides its traders with two types of Forex bonuses: deposit bonus and loyalty bonus.

Forex deposit 25% bonus can be obtained, if desired, by every trader of the Forex Optimum. Number of Forex bonuses is unlimited and they are automatically accrued to trading accounts of traders after each replenishment of the deposit. Bonus funds become available for all traders of the broker for trading on the global financial markets after accrual to the account. The bonus can be completely withdrawn from the account, if the conditions of the broker are met, namely, $3 is released for each closed lot, and the entire sum provided by the broker should be released, as it is not possible to withdraw funds partially. The Forex bonus is valid 90 days. Then it can either become the property of the client in case of meeting the conditions or it is removed by the broker. It is not recommended to withdraw funds from the account during the use of the bonus, as in this case Forex Optimum can reduce its amount or even cancel it. The bonus is also cancelled if after its accrual to the account transactions on the foreign exchange market have not been conducted.

Loyalty Bonus from the Forex Optimum is available for customers with statuses: "Premium" and "VIP". Forex bonus is equal to 26.8% per annum on idle funds, located on the trader's account. For example, the trader's account has $1,000, which he has not used while trading on the foreign exchange market. In this case, at the end of the month he will get 2%, i.e. $20. Later this bonus may be used for trading on the global financial markets, and to withdraw it from the personal account, it is necessary to satisfy the requirements of the broker, which are identical to the Forex deposit 25% bonus.

Besides, the broker holds on its site the contest League of Robots, which is divided into several stages. The contest is open to traders who have developed their own Forex expert advisors. At the end of the contest the results are summarized and traders, who have shown the best results while using their own robots, will be awarded with cash prizes.

Prize pool distribution of the contest League of Robots:

- the1st place - Forex bonus is $300

-the 2nd place - Forex bonus is $200

- the 3rd place - Forex bonus is $100.

Training

Any learning materials about trading on the currency market are absent on the site of the Forex Optimum. Customers of the broker can take advantage of instructions that will help them to find answers to the following questions:

- how to open a demo account

- how to open a real account

- how to fund a trading account

- how to withdraw funds from an account.

If customers of the Forex Optimum want to learn how to trade on the global financial markets, they can sign up for regular seminars, which are conducted online regularly. Timetable of seminars is usually published on the website, but clients can make a request exactly on their countries. Seminars for Russian customers are conducted by professional traders from Russia on the following topics:

- general information about the Forex market

- basics of technical analysis

- basics of fundamental analysis

- how to create the trader's own trading strategy for Forex trading.

All clients of the broker have the opportunity to open a demo account. Trading using real foreign exchange rates occurs on the demo account, but virtual dollars are used, so customers can master all the intricacies of the Forex market without risk.

Terms of trading

Forex Optimum offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $10

- the leverage is from 1:100 to 1:500

- a lot of currency pairs, securities, CFD

- market spread

- swap is present (it is charged on Thursdays threefold).

MetaTrader 4

- multi-language support

- order execution - Instant Execution

- huge database of embedded Forex indicators

- addition of new technical indicators

- elaboration and installation of new Forex expert advisors MetaQuotes Language 4

- quotes export via DDE

- chart printing.

Forex Optimum offers its customers the following types of accounts:

- StartUP (cent)

- Standard.

Trading account StartUP (cent):

- the minimum deposit is $10

- lot size is 100,000 cents

- the minimum contract size is 0.1

- the minimum step is 0.1

- spread is fixed from 3 points

- margin call is 50%

- stop out is 20%

- locked margin is 50%

- no loyalty bonus.

The status "Premium" is offered for making a trade turnover of at least $10,000, giving the right to an assigned personal manager from the broker.

Trading account Standard:

- the minimum deposit is $300

- lot size is 100,000 cents

- the minimum contract size is 0.01

- the minimum step is 0.01

- spread is fixed from 3 points

- margin call is 50%

- stop out is 20%

- locked margin is 50%

- loalty bonus is 26.8%.

Broker provides traders with the status "VIP" for making a trade turnover of at least $500,000, giving the following benefits:

- personal VIP-manager

- allocated service VIP-line

- accumulative bonus up to 31.83%

- line of credit upon request up to 50%.

Forex indicators (recommended)

- Schaff Trend

- BW ZONE

- Real Tick Volume

- LEVELSC

- Better Volume.

Forex expert advisors (recommended)

- Snipper (an automated Forex expert advisor that uses the principle of correlation for trading, proven itself to be very effective operating with the major currency pairs)

- Framework (an automated Forex expert advisor, designed using popular technical indicators, making it possible to adjust it to any kind of currency pairs trading in a completely different ranges)

- Spike Trader (an automated Forex expert advisor that trades on the foreign exchange market using candlestick analysis, allowing it to determine with high probability the marker entry and exit points).

Investments

Rankings of successful traders, who show a good profit while trading currency pairs, are regularly updated on the official website of the Forex Optimum. It enables customers of the broker to sign a trust management agreement. According to trust management, investors invest finances in trading PAMM-accounts of selected managers to make profits, and traders, in their turn, receive an interest of the profits for their work, about which they have arranged with the investors.

Unique features

Every trader of the Forex Optimum has the ability to become its partner, that will allow him to get extra income by attracting new customers. The affiliate program of the broker has two forms:

- Online Partnership

- Offline Representative.

Online partner can attract new customers through the Internet, using forums, blogs, social networks and, if necessary, advertising platforms. Broker provides the trader with all necessary advertising materials for free and customers, attracted by him, are assigned to him. In the future, the broker will pay partner a commission fee from the trading volume of his customers on a regular basis.

Offline representative attracts new customers in his region independently. The information about him with his contacts becomes available on the site of the broker, when he becomes a representative.

Commission fees for the affiliate program are individual and depend directly on the number of attracted clients and the trading volume, which they close.

Add/withdraw funds

Forex Optimum provides traders with the following methods of funding the accounts: Moneybookers, QIWI, OKPAY, Webmoney, Payonline, MasterCard, Visa and bank transfers.

Contacts

Forex Optimum supports its clients concerning all questions through online chat, by e-mail [email protected] and by phone 499-70-233-70, 8-800-555-30-56 (calls are free in Russia).

Cons and pros

+ the fast-growing broker

+ the minimum deposit is $10

+ good leverage

+ seminars on Forex

+ Forex bonuses

- no educational materials

- spread is from 3 points.

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