Optinary Forex Broker

Optinary Review SummaryFounded2024Registered Country/RegionNevis, CyprusRegulationNot regulatedMarket InstrumentsForex, Commodities, Indices, Shares, CryptocurrenciesDemo Account✅SpreadFrom 2 pips (Forex)Trading PlatformWeb-basedMin Deposit$10Customer SupportPhone: Not specifiedEmail: Not specified24/7 Online Chat: ×Physical Address: Lighthouse Trust Nevis Ltd, Suite 1, A.L. Evelyn Ltd Building, Main Street, Charlestown, NevisOptinary Information Optinary is a newly launched trading platform. It gives access to FX and cryptocurrencies among other instruments. Starting traders would find its cheap minimum deposit of $10 perfect. Its lack of control, though, puts a great danger to investors.Pros and ConsProsConsLow minimum deposit of $10Not regulatedOffers a demo account for practiceLimited customer supportProvides over 410 trading instrumentsHigh spreads (up to 2 pips )Is Optinary Legit? Optinary is unregulated.What Can I Trade on Optinary? Optinary offers a large range of trading instruments, including over 410 financial assets.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Shares✔Cryptocurrencies✔ETFs❌Bonds❌Account Types Optinary provides two main account types: a demo account and a real account. An Islamic (swap-free) account is also available.Account TypeMinimum DepositKey FeaturesSuitable ForDemo Account$0Practice trading with virtual fundsBeginnersReal Account$10Access to all instruments and featuresAll tradersIslamic Account$10Swap-free tradingTraders seeking Sharia-complianceOptinary FeesTrading Fees Spreads and Commissions Optinary applies spreads starting from 2 pips on forex pairs. Mark-ups and swap fees vary based on market conditions.InstrumentSpreadCommissionEUR/USDFrom 2 pipsNoneGoldFrom 0.5 pipsNoneBTC/USDFrom 1%NoneNon-Trading Fees Optionary asks for some kinds of non-trading fees.Fee TypeDetailsDormant Account$10/month after 90 days of inactivityWithdrawal Fees2% after 1 free withdrawal per monthCurrency Conversion FeeUp to 3%Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable ForOptinary APP✔Desktop, MobileAll tradersMT4❌--MT5❌--Deposit and Withdrawal Optinary does not charge fees for deposits and withdrawal.And the minimum deposit is $10.Deposit OptionsMin. DepositFeesProcessing TimeBank Transfer$10Free1-3 Business Days (Up to 5 days when withdrawing)Credit/Debit Card(VISA, Mastercard)$10FreeInstantE-Wallets(Advcash, Perfect money)$10FreeInstant