Optimize Funds Review – Can you Consider this a Trustworthy Broker?


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Fill in the contact form on the page in this link and you will get the help you need in order to recover your stolen money! You will be guided through the whole refund process by the customer support of a recommended scam recovery service after which a case will be opened for you by a personal case manager.


Optimize Funds Review

Optimize Funds logoFinding a trustworthy brokerage is indeed a challenge because it has become akin to finding a needle in a haystack. The number of companies offering their trading services has multiplied rapidly in the last couple of years, especially since cryptocurrencies exploded on the scene. With brokerages to be found a dime a dozen and each of them promising you the world on a platter, it can be tough to opt for one to start your trading journey. This is particularly true when you consider that scams are just as common and the next option could be a fraudulent broker disguised as a legitimate one. Does that happen? Indeed, it does and this Optimize Funds review can shed some light on how it happens.

There are countless people who have fallen into this common trap, not because they did not know any better, but because they were not aware of what to look for. The problem is that these shady and scam operators have gotten really good and concealing their true nature, so most people are unable to tell them apart from authentic brokers and have to pay the price for it. It can be quite devastating to have to lose your money this way and people would want to avoid it, but this can only be accomplished when you know what to look for.

Optimize Funds website

As mentioned above, it is not possible to tell a fraudulent broker apart from a genuine one from just a glance and this is something you learn when you check out Optimize Funds. Their presentation is undoubtedly very convincing because it is presented as an award-winning, global forex and CFD brokerage that offers you superb trading conditions. You are given a transparent trading environment, zero commissions, ultra-low spreads and leverage as high as 1:500. You are also promised generous trading bonuses, access to thousands of trading instruments and a secure and reliable trading platform.

It sounds like a trading solution that everyone would wish for, but the reality of Optimize Funds is quite different. How to determine it is not a trustworthy broker? Let’s take a look:

It does not have a license

Every trading expert will tell you that you should always choose a licensed and regulated brokerage to start your trading journey. Not doing so means exposing yourself to unnecessary risks that you should avoid at all costs because your money is at stake here as is your information. If they end up in the wrong hands, you will be the ones facing the disastrous consequences. With regulated and licensed companies, you can enjoy a number of protections. When it comes to Optimize Funds, you will find that it is owned and operated by a company named Asterisk Group LLC.

This is based in Saint Vincent and the Grenadines, which is an offshore jurisdiction. The problem is that SVG has become notorious for being the home of outright scammers and shady companies who choose to register themselves there for a reason. After all, the Financial Services Authority (FSA) of the offshore zone has clearly stated that they do not oversee the forex industry, which means any brokerage that is based there is unregulated. This also applies to Optimize Funds

It has a malicious withdrawal policy

When you are thinking of signing up with a brokerage, it is always a good idea to check all their policies carefully to ensure that you know what you are getting into. This will keep you safe from any surprises later on and ensure that you know what you are getting into. It is a good move to make where Optimize Funds is concerned because you come across their rather malicious withdrawal policy.

According to the terms of Optimize Funds, they are not committed to a time frame when it comes to processing your withdrawals. Essentially, it means that they are not likely to process your withdrawals at all because they have not mentioned any duration.

It does not have a good trading platform

The trading platform provided by a brokerage is one of its most important features, as it shapes your trading experience as well as your performance. You obviously want a cutting edge platform that helps you make the most of the opportunities in the financial markets and Optimize Funds claims to offer a secure, fast and reliable trading platform, which sounds very reassuring.

However, you are in for disappointment because what you will find at Optimize Funds is an oversimplified and basic web trading platform that does not have much to offer to its users. It hardly has any features and tools that you would expect to see in a great platform. It does not even come close to the renowned platforms in the market, such as the MT4 and the MT5 trading platforms that have become favorites of traders.

It offers excessive leverage

Another problem you will discover at Optimize Funds is the fact that they offer you excessive leverage ratios, which is obviously a trick to draw people to their platform. It should be noted that such high leverage ratios are forbidden in most jurisdictions because they are extremely risky. Most regulatory bodies have imposed a cap on the maximum amount of leverage that can be offered, but since Optimize Funds is unregulated, it is offering high ratios.

It has limited payment options

Checking the payment methods of a brokerage is of the utmost importance because you want to be able to make your deposits and withdrawals safely. While Optimize Funds has advertised a number of payment options on its website, it is only offering you a handful of them. They support Bitcoins, which is a common payment option of scammers because it does not come with a chargeback option and it allows them to get away with your money.

Conclusion

Taking these multiple issues into account where Optimize Funds is concerned, you can conclude that it is not a trustworthy brokerage and you cannot expect it to offer you decent trading services.


How To Get Your Money Back?

Get your money back from any scam broker!
Fill in the contact form on the page in this link and you will get the help you need in order to recover your stolen money! You will be guided through the whole refund process by the customer support of a recommended scam recovery service after which a case will be opened for you by a personal case manager.


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