General Information& Regulation
OLIMPOTRADER is a brokerage firm mainly engaged in foreign exchange and CFDs. The company claims to be located in the United States, but is not actually registered there. In other words, OLIMPOTRADER is an unregulated broker. It should be noted that several European regulators have added the broker to their blacklist.
Official Website Unavailable
As of now, OLIMPOTRADER's website is unavailable. We can only get a rough idea of the information of the broker from some trader review portals.
Market Instruments
OLIMPOTRADER provides investors with a range of financial instruments, including Forex, commodities, stocks, CFDs, and cryptocurrencies.
Accounts
OLIMPOTRADER has four account types for investors to choose from, namely the bronze account (the minimum deposit of 250 USD), the silver account (the minimum deposit of 2,500 USD), the gold account (the minimum deposit of 10,000 USD), and the diamond account (the minimum deposit of 25,000 USD).
Leverage
OLIMPOTRADER provides different leverage standards for clients with different accounts, ranging from 400 to 1000. Among them, the diamond account has a maximum leverage of 1:1000, which is obviously absurd and unrealistic.
Risk Warning
Multiple online platforms have received a large number of complaints from OLIMPOTRADER, mainly covering the inability to log in and out of funds. Please note that the broker may have closed down and run away.
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