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forex optimum

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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.

Forex Optimum has license or not? It's important to me!

InvestorFX

Finland

Mar 23, 2023

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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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.