This broker has a very simple and fast registration. The verification is also very quick and easy. It requires standard documents and requisites, a card and an e-wallet. You can't help it, it's the general rule.
I trade on forex optimum. I use different strategies, both, the standard ones and I also try combining indicators. I recently tried trading on the news, but without much success. Maybe I'm not good with timing.
I can't find any information about this broker license. And that's quite suspicious. It is much more safe and smart to choose among reputable FCA or other leading jurisdictions brokers that maintain necessary safety measures, out a list of regulated brokers will assist in choosing the best-suited one.
Even though I've been trading news on optimum for quite a long time, I haven't noticed any significant widening of spreads. They are expanding for about 2 points of course, but it's not really crucial for me.
Now it's difficult to trade on the news in general. All these trading wars, sometimes it difficult to understand how to interpret the news. I prefer to wait in this situations and analyse charts, in the short term actually. Especially the pattern analysis helps me.
Times change, but the laws of the market never do. Current situation: the rate in the US are growing, then go exchanges, the economy is slowing down and then commodities go down in price. The market is slowing down. Just like old Murphy said. Unfortunately, his theory is not suitable for cryptocurrencies yet.
Speaking of crypto, what explains the large Optimum's spreads for cryptocurrencies? For everything else, the spreads are just great. Where does this dislike for cryptos come from is unclear.
It's still quite strange. It's believed that cryptocurrencies are very volatile, but they don't let you profit on them. I thought brokers should by definition stimulate volatile assets, as they profit from spreads. Something's fishy.