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Olymphubs
United Kingdom|2-5 years| https://www.olymphubs.com/
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No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 7418 338884
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Olymphubs, Inc.
Olymphubs
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
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Olymphubs · Company Summary
| OlymphubsReview Summary | |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Stocks, Indices and Cryptocurrencies |
| Demo Account | ✔ |
| Leverage | Up to 1:10 |
| Spread | Starting at 0.10 points for equity futures |
| Trading Platform | MT4 & MT5 |
| Min Deposit | RMB 10,000 (USD 1,500) |
| Customer Support | Phone: +44 7418 338884 |
| Email: support@olymphubs.com | |
| Physical Address: 20-22 WENLOCK ROAD LONDON ENGLAND N1 7GU | |
Olymphubs Information
Olymphubs is a financial service provider that can offer demo accounts, Islamic accounts, Standard and ECN accounts. What's more, it pays a lot on customer support, offering assistance through live chat, email support, phone support, and a comprehensive FAQ section. However, currently it has no valid regulation.
Pros and Cons
| Pros | Cons |
| Diversified trading products | No regulation |
| Support MT4&MT5 | The deposit threshold is up to $1500 |
| Offer demo accounts | |
| Offer Islamic accounts |
Is Olymphubs Legit?
Currently it has no valid regulation.
What Can I Trade on Olymphubs?
Olymphubs offers traders the opportunity to trade stocks, ETFs, funds, bonds, options and futures, derivatives and structured products, in addition to CFDS on currencies, stocks, commodities and indices. Finally, it claims to offer 35 cryptocurrencies, namely Bitcoin, Ethereum and others.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Derivatives | ❌ |
| Structured Products | ❌ |
Account Types
Olymphubs offers a total of 4 different types of accounts to traders-Demo accounts, Islamic accounts, Standard and ECN accounts.
| Account Types | Demo | Islamic | Standard | ECN |
| Minimum Deposit | None | $100 | $100 | $500 |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Spreads | From 1.0 pip | From 1.0 pip | From 1.0 pip | From 0 pip |
| Features | A free and unlimited trading platform that allows traders to practice their skills without risking any real money | No swap charges, access to a variety of trading tools, and a dedicated customer support team | 24/7 customer support, educational resources, and a variety of trading tools | Ultra-low spreads, access to deep liquidity, and advanced trading tools |
Olymphubs Fees
Olymphubs charges different transaction fees based on different account types, and there are also non-transaction fees, including overnight interest fees，deposit and withdrawal fees and inactivity fees.
| Account Types | Islamic | Standard | ECN |
| Spreads | Starting from 1.0 pip | Starting from 1.0 pip | Starting from 0 pip |
| Commissions | None | None | Market-dependent, typically per-trade fees |
Trading Platform
Olymphubs's trading platform is MT4 and MT5, which supports traders on the web and mobile.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Mobile | Beginner |
| MT5 | ✔ | Web, Mobile | Experienced |
Deposit and Withdrawal
The broker supports four payment methods: debit/credit cards, e-wallets like Skrill and Neteller, bank transfers, and cryptocurrencies like Bitcoin.
In addition, its minimum deposit requirement ranges from $10 to $500 depending on the account type. And generally, the minimum withdrawal is around $10.
News
NewsThe Most Complained Brokers in the United States in November!
In this article, WikiFX will reveal nine forex brokers that have received the most complaints in the United States in November 2023.
WikiFXExposureWe warn you of a broker called Olymphubs
Olymphubs has recently been scrutinized for its questionable practices. A damning 1.29/10 score on WikiFX, a platform dedicated to evaluating forex brokers, sets the stage for an alarming expose of Olymphubs' deceitful tactics.
WikiFXExposureBeware: Unregulated Broker OlympHubs Withdrawal Issues Arise
Uncover the truth about OlympHubs, an unregulated broker with escalating withdrawal problems and questionable practices. Learn how to safeguard your investments in online trading.
WikiFXExposureWARNING!! Wikifx got consecutive complaints against Olymphubs
Wikifx recently got consecutive complaints about an Olymphubs broker. We've received complaints for three days in a row. Here are those three complaints and their screenshots. Look at them and Beware.
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