Optium Group Forex Broker

Note: Optium Group's official website: https://www.optiumgroup.com/ is currently inaccessible normally.Optium Group Review SummaryFounded2021Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsForex, Commodities, Stocks, Indices, CryptocurrenciesDemo Account❌LeverageUp to 1:300SpreadFrom 0.0 pipsTrading PlatformOptium Group Web Trader (proprietary)Min Deposit$100Customer SupportEmail: sup@optiumgroup.orgOptium Group Information Unregulated online broker Optium Group offers forex, stocks, indices, commodities, and cryptocurrencies on a proprietary platform. It requires a $100 minimum deposit with leverage up to 1:300, while the current status is unregulated.Pros and ConsPros Cons Wide range of trading instrumentsSuspected clone of NFA regulationLow minimum depositUnclear spreads and commissionsHigh leverageNo industry-standard platforms like MT4/MT5Proprietary trading platformLimited customer support channelsMultiple payment optionsIs Optium Group Legit ? Currently as an unregulated broker, Optium Group does not hold any licenses from acknowledged financial regulatory bodies including the FCA (UK), ASIC (Australia), or the SEC (United States). According to WHOIS data, the domain optiumgroup.com was registered on December 13, 2021 and has expiry date December 13, 2024. The domain status is “clientTransferProhibited,” meaning that domain cannot be transferred without appropriate permission.What Can I Trade on Optium Group Optium Group offers a broad selection of financial markets for trading, including currency pairs, indices, commodities, cryptocurrencies, and crude oil.Tradable Instruments Supported Forex✔Commodities✔Crypto✔CFD✔Indexes✔Stock✔ETF❌Account Types Starter (€250), Pro (€2,500), and Advanced (€25,000) accounts are available from Optium Group. The Starter account offers 15 currency pairings, 20 stocks, 15 indices, and 54 commodities; The Pro account offers 20 currency pairs, 34 stocks, 20 indices, and 5,962 commodities. All markets are accessible with the Advanced account. No mention of demo or Islamic accounts. These accounts serve novice and experienced traders.Leverage Forex leverage ranges from 1:100 for Starter accounts to 1:300 for Advanced accounts at Optium Group. Stocks, commodities, indexes, and digital currencies have 1:100–1:200 leverage.Optium Group Fees The Starter account at Optium Group has no commissions and spreads from 0.0 pips, making it affordable for beginners. While the Pro and Advanced accounts have tighter spreads (0.1 and 1.5 pips), they also charge €13 and €20.5 every million exchanged.Trading PlatformTrading PlatformSupported Available Devices Suitable forOptium Group Web Trader✔PC, MobileAll typesDeposit and Withdrawal Deposit OptionsDeposit Options Min. DepositFees Processing Time VISA, MasterCard, Maestro, Bitcoin, Wire Transfer$100Not mentionedInstant Withdrawal Options Withdrawal Options Min. Withdrawal Fees Processing Time VISA, MasterCard, Maestro, Bitcoin, Wire TransferNot mentionedNot mentionedNot mentioned