Read our OptiMarkets review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an optimarkets.co review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So OptiMarkets is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about OptiMarkets in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
OptiMarkets Review Conclusions
Making the OptiMarkets review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our OptiMarkets review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
I suffered it too, they do exactly as you said. I deposited the minimum amount they asked for 250 euros and I received a phone call asking me to deposit another 250 euros to buy the shares I wanted. I realized it was something dubious and I did widthdraw, which remained pending. The problem is that I sent them the cryptocurrency and said goodbye to the money, but I would like to warn others to make the same mistake. Too bad I read your post too late. I can tell you that they have several sites that operate exactly the same: https://yuanpay-group.com/, https://yuanpaygroup.org/, https://www.youtube.com/watch?v=uei7wNjCt7I and generally almost all sites that offer digital yuan for purchase. Phone numbers I was called after:
+39 0899260078, +442080972607, +442080971337, +447418355117
I accidentally registered for YuanPay, and boy o boy!, I received 20-50 calls from OptiMarket, they were all rude, arrogant, ignorant and pushy. One of the bloke told me to “stay broke, mf” as I told him politely to not waste his time on me since I have no money for them.
I wish we can file harassment charges on them in UK.
Multumesc pentru aceste recenzii.Mi-au fost de mare folos.Am facut cont si m-au sunat foarte repede cerand sa depun 250 euro si sa dau datele mele de pe card.
Apoi am cautat recenzii si gata.Am blocat nr si atat
Thanks for these reviews. They were very useful. I made an account and they called me very quickly asking me to deposit 250 euros and give my data on the card.
Then I looked for reviews and that’s it. I blocked no and that’s it
Köszönöm az értékelést.
Tegnap találtam rá nagyon jónak tünt, demószámlán nagyon pörgött a pénz, fel is hívtak, de leráztam azzal, hogy nem beszélek angolul.
Szerencsére van egy jó szokásom, hogy utánna nézek.
Még egyszer köszönöm az információt.
Thank you for your evaluation.
Yesterday I found it looked very good, the money on the demo account was spinning a lot, they called me, but I was shaken off by not speaking English.
Luckily, I have a good habit of looking after it.
Thanks again for the information.
So I can only strongly advise against working with Optimarkets. I did not get a single € out of my deposited money or the profit I made. The platform lures you with new deposits again and again because better profits should be achieved. The contracts with Optimarkets, where they manage the capital in the account and promise monthly payments, are worthless and will not be kept. I was cheated of € 23,500.00 and from my own experience I can only advise you not to work with this platform. Unfortunately, I realized too late that it is not possible to withdraw from my own account myself. You have to apply for approval of a payout and then the gauntlet begins. First of all, commissions have to be paid in again and the payouts are not carried out after all. The platform is absolutely not serious.
Buon giorno a tutti. Quindi posso solo sconsigliare vivamente di lavorare con Optimarkets. Non ho ricevuto un solo € dal mio denaro depositato o dal profitto che ho realizzato. La piattaforma ti attira ancora e ancora con nuovi depositi perché dovrebbero essere raggiunti migliori profitti. I contratti con Optimarkets, dove gestiscono il capitale nel conto e promettono pagamenti mensili, sono privi di valore e non vengono mantenuti. Sono stato truffato di € 23.500,00 e per mia esperienza posso solo consigliarvi di non lavorare con questa piattaforma. Sfortunatamente, mi sono reso conto troppo tardi che non è possibile di prelevare del soldi autonomamente dal proprio account. Devi chiedere l’approvazione di un pagamento e poi inizia il guanto di sfida. Prima di tutto, le commissioni devono essere pagate di nuovo ei pagamenti non vengono effettuati dopotutto. La piattaforma non è assolutamente seria.
So I can only strongly advise against working with Optimarkets. I did not get a single € out of my deposited money or the profit I made. The platform lures you with new deposits again and again because better profits should be achieved. The contracts with Optimarkets, where they manage the capital in the account and promise monthly payments, are worthless and will not be kept. I was cheated of € 23,500.00 and from my own experience I can only advise you not to work with this platform. Unfortunately, I realized too late that it is not possible to withdraw from my own account myself. You have to apply for approval of a payout and then the gauntlet begins. First of all, commissions have to be paid in again and the payouts are not carried out after all. The platform is absolutely not serious.
Goodmorning everyone. So I can only strongly advise against working with Optimarkets. I have not received a single € from my deposited money or from the profit I have made. The platform attracts you again and again with new deposits because better profits should be achieved. Contracts with Optimarkets, where they manage the capital in the account and promise monthly payments, are worthless and are not fulfilled. I was scammed for € 23,500.00 and in my experience I can only advise you not to work with this platform. Unfortunately, I realized too late that it is not possible to withdraw money from your account yourself. You have to ask for the approval of a payment and then the gauntlet begins. First of all, the commissions have to be paid again and the payments are not made after all. The platform is by no means serious.
Îmi pare rău ca am citit târziu recenziile dv, întradevar Optimarkets este o mare păcaleală, şi am simţit-o şi eu pe buzunarul meu. La inceput te atrag cu tot felul de scenarii de castiguri,după care încep să ceară bani încontinu promiţând câştiguri rapide. După ce m-am prins că este o mare ţeapă am cerut să mi se ramburseze şi mie o parte din sumă moment in care a început marea păcăleală. Au spus ca banii mei sunt îngheţati în bancă şi numai după ce platesc comision poate să-i elibereze. După ce am plătit comisionul au spus ca banca nu recunoaste banii ca fiind ai mei şi ca să o conving să mai trimit odata suma adica 3115 $ fără să am nici o garanţie că voi vedea vreun ban, ceea ce nu s-a mai intâmplat. Atenţie ! această platformă este o mare păcăleală !
Optimarket continue periodically to call me since several weeks after about three month of complete silence after may whitlow application in May cy. They are trying to convince me for a new withdraw application for my illusory amount, which wow is now much much higher, which is a lie since they closed my account within 10 minutes in the day I refused to increase my first deposit for a new “very attractive offer”. This was in May. They have all the information needed to send my money back and there is no need for a new withdraws application. Each time I rejected their friendly offer, but they still have my number.
It’s a big scam, don’t try to account for this platform, they are just scammers, they are about three, the first one helps you to account, the second one checks the documents and then the account manager or broker calls you and then starts saying he wants to give you money, but the pain is when you want to withdraw money, you have to pay taxes to the UK tax office, bank transfer fees postpone you as much as possible, so it’s a big scam
Imi pare rau ca nu am citit inainte despre ei si m-am aruncat cu capu inainte.Toate bune si frumoase pana ceri sa iti retragi banii. Atunci isi arata adevarata fata. Nu iti dau nici un ban inapoi si itimai cer si bani in plus. Optimarket e o mare inselatorie.
Già sappiamo che sono truffatori, io parlerei di organizzazione criminale. Sono dei veri e propri criminali. Ti chiedono di pagare al governo britannico le tasse, poi ti mandano una falsa e mail per conto di Coinbase o qualsivoglia altra compagnia e chiedono una assicurazione per il transito dei soldi. Non permettete loro di entrare con Team Viever nel vostro pc perchè sono abili a rubare tutte le info bancarie possibili ed immaginabili, la scusa per entrare e che loro sono amici e vogliono aiutarvi a prelevare subito i vostri fondi dalla piattaforma. Sarete contattati per l’italia da un certo Josè De Martinez, o Max Aurum, o personaggi che hanno carte di identità false o altri documenti falsi. Se i siti permettono voglio pubblicare le loro foto a condizione che siano loro. Sarete contattati da questi numeri +44 7883 141956 – +44 7426 332845 – +44 7311 957313. Scappate da questi truffatori.
Anche io ho iniziato a 250 € dopo in chiamata un broker dopo ho detto 23 giorni dopo rispetto al secondo poi investire ancora 1000 € gli ho detto non ce l’hai soldi fai dopo lui chiama bloccato il numero dopo un altro telefono altro due mesi dopo diceva Chutiy tuo profitto 5500 € per prelevare tasse pagare c’è detto per 2000 € per levare iniziato Maggio però dovuto tasse pagare più di 10.000 € ma hai avuto soldi quelli soldi da pochi giorni fa telefonato un altro dicendo tuo optimarket conto chiudendo per per levare soldi di 23.000 € devo pagare 400 € questo pagato e dopo detto c’è ancora unire 12.000 € totale vengo tutto 36.000 € per questa per levare devo pagare 1200 € dopo assicurazione 600 € dopo un altro banca per inviare il mio banca devo pagare 726 € dopo me ne avrai quelli soldi detto Già io perso tutto il mio soldi Per me telefonate numeri questi +39 091 8420095 +352 2 033 1761
+44 7426 332845 +44 7403 085742 +44 7466 538154