https://www.olympusmarkets.com/
Website
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
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Danger
Warning
+74992131726
+60392121729
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Olympus Markets
Olympus
Vanuatu
Pyramid scheme complaint
Expose
Benchmark | -- |
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Maximum Leverage | 1:500 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:500 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
---|---|
Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
---|---|
Maximum Leverage | 1:500 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
---|---|
Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
---|---|
Maximum Leverage | 1:500 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
---|---|
Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
---|---|
Maximum Leverage | 1:500 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
---|---|
Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
---|---|
Maximum Leverage | 1:500 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
---|---|
Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
---|---|
Maximum Leverage | 1:500 |
Minimum Deposit | -- |
Minimum Spread | -- |
Products | -- |
Currency | -- |
---|---|
Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Capital
$(USD)
Note: Olympus' official website: https://www.olympusmarkets.com/ is currently inaccessible normally.
Olympus Review Summary | |
Founded | 2018 |
Registered Country/Region | Vanuatu |
Regulation | Not regulated |
Market Instruments | Forex |
Demo Account | ❌ |
Leverage | 1:5 |
Spread | From 0.1 pips |
Trading Platform | Web-based platform |
Min Deposit | $250 |
Customer Support | Email: support@olympusmarkets.com |
Phone: +74992131726; +60392121729 | |
Physical Address: 1 EQUITY WAY WESTLAKE, OH 44145 | |
Twitter: https://twitter.com/OlympusMarkets | |
Facebook: https://www.facebook.com/OlympusMarketsVerified/; https://www.facebook.com/Olympus-Markets-256832808317665/ |
Founded in Vanuatu in 2018, Olympus is an offshore brokerage that offers a web-based platform for trading and comprehensive customer channels. However, this broker has an inaccessible website and a high minimum deposit. In addition, Olympus has been operating without any regulatory approval or licenses.
Pros | Cons |
Comprehensive customer service | Limited info on trading conditions |
No regulation | |
No demo accounts | |
High minimum deposit |
Olympus operates without any legal regulatory oversight. In addition, Italy's CONSOB has issued a warning that the broker is unlicensed and engaged in fraudulent behavior, and therefore, you should avoid cooperating with the broker.
The leverage offered by Olympus for any of its asset classes is limited to 1:5, which is very low in the industry and results in a low rate of return. Since this broker operates without regulations, you are advised to avoid trading with it.
Olympus only offers a basic web-based platform that doesn't even allow for basic operations like executing orders.
However, the real issue lies in Olympus' lack of regulation. Once you deposit any funds and engage in any trading, your money will likely be scammed and you may never get it back.
Olympus claims to accept credit card payments and wire transfers, but in reality, the company only supports deposit through cryptocurrency. Due to the irreversible nature of this payment method, once funds are deposited, they are likely unrecoverable.
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