Optionfinmax is a forex broker that deceivingly claims to be based in a tightly regulated financial center like the United States. In truth, it operates without the necessary regulatory oversight. Read this complete Optionfinmax review to know why we add this broker in our scam broker list.
As a result, it is strongly advised to prioritize the safety of your funds and investments by avoiding Optionfinmax altogether.
Website – http://optionfinmax.cc/
Website Availability – No
Address – 1000 Main St 12th floor, Houston, TX 77002, USA
Warning – Financial Conduct Authority (United Kingdom), Comisión Nacional del Mercado de Valores (Spain)
Regulated – Unregulated
Domain Age –
| Domain Name | optionfinmax.cc |
|---|---|
| Date Registered | July 05, 2022 |
| Domain Age | 1 year, 23 days, 2 hours, 25 minutes, 19 seconds |
Optionfinmax Review: Regulation
Although Optionfinmax portrays itself as a legitimate forex broker functioning within the United States, it is crucial to recognize that they do not possess a valid forex license to operate lawfully in this jurisdiction or any other. The absence of proper licensing raises considerable doubts about the safety and security of engaging in investments with this entity. Caution is advised when dealing with unlicensed brokers to protect your investments and financial well-being.
Optionfinmax falsely claims to be regulated by the Financial Conduct Authority (FCA), despite the FCA issuing a warning against them. As a result, Optionfinmax operates without proper authorization.
In reality, Optionfinmax lacks regulation from any governing body. Investing funds with this broker is highly precarious, as there are no legal safeguards in place to protect the funds. It is unequivocally a scam.
To guarantee the utmost level of investor protection that you rightfully deserve, it is strongly advised to select a reputable US broker that maintains an active membership with the National Futures Association (NFA).
Optionfinmax Review: Trading Platform
Optionfinmax provides a web-based trading platform primarily utilizing TradingView-enabled charts. However, this choice of platform raises doubts about the company’s reliability, as it seems that no real trading activities occur on their platform. If you seek a superior trading experience, it is strongly recommended to avoid dealing with such dubious brokers and their platforms altogether. Opting for more reputable and reliable brokers will ensure a safer and more satisfactory trading experience.
It is advisable to select the MetaTrader platform instead of Optionfinmax, as it is considered the industry standard. MetaTrader has gained popularity among traders due to its advanced features and tools that enhance trading experience and performance.
Deposit and Withdrawal Methods
Optionfinmax imposes different minimum trading amounts based on the chosen account type. For the Standard account, the minimum requirement begins at $1,000. However, for the corporate account, the minimum trading amount significantly rises to $100,000.
Furthermore, Optionfinmax claims to offer support for a variety of payment methods, including Bank transfers, Neteller, MoneyGram, Western Union, and Cryptocurrencies, among others.
Optionfinmax Review: Trading Assets
As per their claims, the company provides access to a diverse array of investment options, encompassing Forex, Commodities, and Stocks.
Trading Conditions
Regrettably, detailed information about the spreads offered by Optionfinmax remains elusive. Similarly, there is a lack of clarity regarding the available leverage options. Moreover, Optionfinmax disappoints in terms of transparency, as it fails to provide adequate information concerning withdrawal fees and requirements.
Disadvantages
- Optionfinmax lacks a legitimate forex license
- It falsely asserts registration in the US.
- Their trading platform is unreliable
- The trading conditions they provide are nontransparent.
- Additionally, the broker imposes a high minimum deposit requirement
Optionfinmax Review: Conclusion
If you are concerned about the safety of your finances, it is important to take immediate action and seek proper legal guidance. Scammers are persistent in their attempts to steal funds, and recovering lost money can be challenging. Don’t hesitate to contact us for advice and legal support to assist you in retrieving your investments. Our team of legal professionals is available at your help, and we are committed to providing a free consultation to help you recover losses from different types of fraudsters.
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