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Author Topic: Forex Optimum Representative  (Read 44384 times)

Offline Benjamin7

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Re: Forex Optimum Representative
« Reply #60 on: July 24, 2018, 10:24:04 AM »
I don't understand why forex optimum, where I trade, has created a cent account. It's not serious. Is it actually profitable? You can't actually make money on any spreads there.

Offline y5nitro

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Re: Forex Optimum Representative
« Reply #61 on: July 26, 2018, 10:44:26 AM »
I think, the broker does this to attract more clients. Not only newbies can start from the cent account, but professional can use it to test features too. I might try it too for that purpose exactly. By the way, what about registration and verification there?

Offline norman

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Re: Forex Optimum Representative
« Reply #62 on: August 30, 2018, 07:22:14 PM »
It's really easy with optimum. I'm actually surprised that you're asking. Registration is done in only a couple of clicks away, and verification takes a couple of days. At least, in my case it was like that.

Offline y5nitro

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Re: Forex Optimum Representative
« Reply #63 on: September 01, 2018, 12:00:11 PM »
I checked their website, it seems to provide all the information in detail. All the contracts for each currency pair are provided with spreads and other data. And what about fund withdrawing? Becuase everyone tends to write good about themselves.

Offline Loperte

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Re: Forex Optimum Representative
« Reply #64 on: September 19, 2018, 07:36:34 AM »
I also haven't ever seen a broker mentioning that on its website. Don't lie to yourself, just give me money and don't expect me to give it back. But optimum actually witdraws money well. I've withdrawn it many times and it always took less than 7 days (max. amount) to complete. I think it's insuring itself against payment system delays.

Offline y5nitro

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Re: Forex Optimum Representative
« Reply #65 on: September 24, 2018, 11:30:42 AM »
I'm considering Forex Optimum for trading now. It has cryptocurrency accounts, which I find very attractive. And you can work with many other assets on this account. But probably it's better to trade crypto on the exchange?

Offline Benjamin7

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Re: Forex Optimum Representative
« Reply #66 on: September 24, 2018, 03:14:55 PM »
Better or worse - it's a big question. I trade crypto on optimum and I'm pretty content. 15 cryptocurrency pairs are quite enough for me. The spreads are adequate too. And the profit is easily withdrawn.

Offline Loperte

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Re: Forex Optimum Representative
« Reply #67 on: September 25, 2018, 07:17:49 AM »
With broker you trade at a price that was assigned by someone else. And on the exchange you can set this price yourself. Some people take advantage of it and thus artificially increase the currency price by undercutting sell orders. Again, every exchange has margin trading.

Offline y5nitro

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Re: Forex Optimum Representative
« Reply #68 on: October 01, 2018, 12:52:27 PM »
And what advantages does margin trading provide?

Offline petersurrey

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Re: Forex Optimum Representative
« Reply #69 on: October 01, 2018, 02:13:51 PM »
And what advantages does margin trading provide?

In theory you can risk much less capital for comparatively large gains  example: 1000 USD deposit @ 500:1 allows you to trade up to 5 full lots or 500,000 units of currency, however it would only need a 20 pip move to wipe out your total investment ( @ $50 per pip); so although the overall risk to invested capital is low at 1000 USD, the risk of losing this is much higher unless you have a faultless system...which can limit stops to a few pips and has a high win rate. Most newbie forex investors lose their investments by trading at way too high leverage. Darwinex is a great place to start to see how limiting leverage to 10% VAR ( value at risk) based on their traders' previous track record makes the art of investing a much more level playing field...

Offline norman

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Re: Forex Optimum Representative
« Reply #70 on: October 08, 2018, 09:56:27 AM »
You're probably very new to trading. With margin trading you have a small amount at your disposal, you can use more resources and increase profitability. Of course, you should pay the fee in the meantime, and the broker can also forcibly close a losing position at the stop out.

Offline y5nitro

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Re: Forex Optimum Representative
« Reply #71 on: October 19, 2018, 05:26:16 PM »
Some exchanges, as far as I know, don't require verification. Is it a difficult procedure on Forex Optimum?

Offline Benjamin7

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Re: Forex Optimum Representative
« Reply #72 on: October 27, 2018, 07:36:15 PM »
The number of exchanges without verification is massively reducing. If there's fiat, the law requires to collect personal information from the clients. And anonymous exchanges, in my opinion, aren't really secure. Verification of forex optimum doesn't cause any problems, you need standard docs, and everything's done very quickly.

Offline taipan888

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Re: Forex Optimum Representative
« Reply #73 on: November 07, 2018, 04:34:28 PM »
Hi! Does anyone know where the trading server of Forex Optimum is located? Is it based in Asia, where? Their online customer support said that this is a business secrete :-(  I ask this, because I would like to know whether I should use an EU or US based VPS for their trading platform.

Offline norman

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Re: Forex Optimum Representative
« Reply #74 on: November 24, 2018, 12:30:02 PM »
Judging by the name, their server is in Asia. I would choose a European host for VPS. In any case, the real ping can be detected only in practice. As a rule, hosting providers provide a trial period for this. In my case ping is 74-76 ms on avarage. The speed of transactions is quite decent.

 

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