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Olive Markets

Marshall Islands|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://olivemarkets153.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
OliveOrganik-Demo MT4
Server Location United States

Contact

+44 7563 552129
info@olivemarkets.com
https://olivemarkets153.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Turkish

+44 7563 552129

Broker Information

More

Company Name

Olive O. Markets Global Financial LTD

Company Abbreviation

Olive Markets

Platform registered country and region

Marshall Islands

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Olive Markets · Company Summary

General Information & Regulation

Olive Markets, a trading name of Olive O. Markets Global Financial LTD, is allegedly a forex broker registered in the Marshall Islands and regulated by the Global Financial Services Authority (GLOFSA). The broker claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:300 and competitive spreads on the Sirix and Web Trader trading platforms.

Market Instruments

Olive Markets advertises that it offers a diversity of trading instruments in financial markets, including forex, cryptocurrencies, stocks & shares, indices and commodities (from soft commodities to gold and silver metals, to crude oil and the petrol market).

Market

Account Types

Apart from demo accounts, it seems that only one live account type is provided by Olive Markets. Opening an account requires the minimum initial deposit amount of $100.

Leverage

Different asset classes have different maximum leverage ratios. In particular, the maximum leverage is 1:300 on forex, 1:100 on indices and commodities, while 1:10 on shares and 1:5 on cryptocurrencies. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads

Olive Markets claims to offer competitive spreads, however, traders have to contact to get more details, such as the specific value of the spread.

Spreads

Trading Platform Available

Platforms available for trading at Olive Markets are Sirix and Web Trader. The broker offers multi-device support, including Android, iOS and Windows devices.

In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading

Deposit & Withdrawal

Olive Markets says to work with Bank transfers, credit cards and cryptocurrencies of Bitcoin, Ethereum and Ripple. The minimum initial deposit requirement is said to be $100.

Deposit

Bonuses

Olive Markets claims to offer four different kinds of bonuses, namely Welcome Bonus, Referral Bonus, Transfer Bonus and Crypto Bonus. In particular, the broker says that sign up and win a 15% Welcome Bonus; refer a friend and enjoy a $100 bonus, and your friend can earn an additional 15% bonus; transfer your entire account to Olive Markets and earn a 15% bonus, and youll earn a 5% extra bonus on all investments if funding your account via crypto. However, we cannot be sure if these bonuses can be withdrawn without any condition.

Bonuses

Customer Support

Olive Markets customer support can be reached by telephone: +441513080525, email: support@olivemarkets.com or fill in Contact Form to get in touch. Headquarter: Bul. Partizanski Odredi, No 14A-4/1-1, Skopje, North Macedonia.

User Reviews

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FX1457086786
more than one year
As a former client on the Olive Markets platform, I used to love their platform. I'd often make small trades, never exceeding $300, and I never lost any money. However, things changed when they asked me to deposit at least $500. I didn't like that, so I ended up saying goodbye to them. I know, that being kinda of frustrating.
2023-03-29 10:27
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0
0
wu97211
more than one year
The company Olive Markets's website is in a language I don't recognize, and the button to switch languages doesn't work. I'd better not trade with it.
2022-12-08 10:54
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