Optimal Yield Limited has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I had a dispute with Optimal Yield Limited and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Automated trading options|Good analytical tools|Easy to use platform
Cons: Inactivity fee applies after 12 months|No integrated tax optimization
I want to warn everyone about Optimal Yield Limited. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
My card was charged twice by Optimal Yield Limited on the same day. I had to dispute it with my bank. Optimal Yield Limited then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Smooth onboarding|Intuitive for beginners|Easy to use platform|Transparent fees
Cons: None so far|No live chat on mobile
Do not be fooled by the professional-looking website. Behind the scenes, Optimal Yield Limited is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy to use platform|Low minimum deposit|Portfolio tracking tools
Cons: Charting tools need more indicators
If you are reading this considering Optimal Yield Limited - run. I wish I had read more negative reviews while looking for alternatives to my previous provider. I thought the positive ones were real. Maybe some are. My experience over since I opened my account last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Fast support response|Segregated accounts
Cons: No phone support on weekends|Limited ETF selection
I am in a dispute with Optimal Yield Limited over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Risk management tools|Automated trading options|Copy trading available
Cons: Help articles are sometimes vague
What really bothers me about Optimal Yield Limited is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them while looking for alternatives to my previous provider and I fell for the polished exterior. Never again.
Pros: Instant funding|Multi-device support
Cons: No phone support on weekends
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Optimal Yield Limited is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
Optimal Yield Limited has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Real-time alerts|Clean UI|Regular platform improvements|Detailed reporting
Cons: Withdrawal takes 1-2 business days|Currency conversion fee exists
Do not use Optimal Yield Limited for anything serious. I used them for about three months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Real-time alerts|Educational resources|Quick verification
Cons: Wait times can be long during peak hours|Website design could be more modern