Optima Trade Algorithm (optimatradealgo.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: optimatradealgo.com.
Optima Trade Algorithm (optimatradealgo.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Great customer service|Excellent charting
Cons: Wait times can be long during peak hours|Limited social trading features
Opened my account with Optima Trade Algorithm (optimatradealgo.com) through a financial advisor and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Full transparency|Regular platform improvements|Excellent charting
Cons: Nothing significant|Limited social trading features
I found Optima Trade Algorithm (optimatradealgo.com) after hearing about them at a conference and the initial impression was positive. But for roughly four months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Clear documentation|Full transparency
Cons: Limited ETF selection|Some tools only available on higher tiers
I requested my data from Optima Trade Algorithm (optimatradealgo.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Instant funding|Great customer service|Competitive fees
Cons: Wait times can be long during peak hours|No phone support on weekends
The mobile app from Optima Trade Algorithm (optimatradealgo.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Economic calendar|Detailed reporting
Cons: Minor UI glitches occasionally|Limited cryptocurrency options
I opened an account with Optima Trade Algorithm (optimatradealgo.com) since I opened my account last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Quick verification|Multi-currency support|Helpful community forum
Cons: Help articles are sometimes vague|Website design could be more modern
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Optima Trade Algorithm (optimatradealgo.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Great customer service|Fast support response|Copy trading available
Cons: Mobile app could be improved
Optima Trade Algorithm (optimatradealgo.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Wide product range|No hidden fees
Cons: Live chat only during business hours
After spending for about eight months trying to make Optima Trade Algorithm (optimatradealgo.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Market news feed|Professional team|Regular platform improvements
Cons: Slow to add new assets|Live chat only during business hours