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/10

OLIMPOTRADER

United States United States | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.olimpotrader.com/

Website

Rating Index

Regulation 2.69 Tech 4.57 Reputation 2.74 / 0.14 Business 6.61 Risk Control 2.69 / 0.32
1.94

Contact

+1 (888) 346 4069
https://www.olimpotrader.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United States
Operating Period
5-10 years
Company Name
OLIMPOTRADER
Email
info@olimpotrader.com
Contact Number
+1 (888) 346 4069
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • olimpotrader.com
    108.59.4.161
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Note: OLIMPOTRADER's official site - https://www.olimpotrader.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

OLIMPOTRADER Review Summary
Founded/
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsForex, Commodities, Stocks, CFDs, and Cryptocurrencies
Demo Account/
LeverageUp to 1:1000
Spread/
Trading Platform/
Min Deposit$250
Customer SupportTel: +1 (888) 346 4069
Email: info@olimpotrader.com

OLIMPOTRADER is a broker founded in the United States and offers leverage up to 1:1000. OLIMPOTRADER offers trading in Forex, Commodities, Stocks, CFDs, and Cryptocurrencies. However, OLIMPOTRADER is not regulated by any financial regulator, which means that the risk of investing is increased.

Pros and Cons

ProsCons
Diverse trading productsDead website
Multiple account typesNo regulation
Lack of transparency
High minimum deposit

Is OLIMPOTRADER Legit?

No, OLIMPOTRADER is not regulated by any financial services regulatory authority. Please be aware of the risk!

No license

What Can I Trade on OLIMPOTRADER?

Tradable InstrumentsSupported
Forex
CFDs
Commodities
Stocks
Cryptocurrencies
Indices
Bonds
Options
ETFs

Account Type

Account TypeMin Deposit
Bronze$250
Silver$2,500
Gold$10,000
Diamond$25,000

Leverage

OLIMPOTRADER offers leverage up to 1:1000. High leverage creates the opportunity for more substantial profits but accordingly increases the risk of sudden and excessive losses.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is OLIMPOTRADER safe and reliable?

OLIMPOTRADER has a WikiFX SkyEye risk assessment score of 1.52 out of 10, indicating an exceptionally high level of inherent risk. This score is primarily due to the broker's complete lack of regulation from any recognized financial authority. Public exposure on WikiFX highlights significant issues, including reports of withdrawal difficulties and platform instability. These factors, combined with an absence of oversight, make it a highly risky entity for traders.

04-15
United States

Is OLIMPOTRADER regulated?

No, OLIMPOTRADER is not regulated. According to WikiFX data, the broker holds no valid forex trading licenses from any recognized financial regulatory body. It operates entirely outside the framework of financial oversight designed to protect investors, with a formal regulatory status of 'No Regulation'.

04-15
United States

What is the minimum deposit of OLIMPOTRADER?

Information regarding OLIMPOTRADER's minimum deposit requirements is not publicly disclosed. This lack of transparency regarding fundamental account terms adds to the overall risk profile for potential traders.

04-15
United States

Does OLIMPOTRADER support MT4 or MT5?

Based on the available WikiFX data, OLIMPOTRADER does not explicitly list support for the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. Traders should verify platform specifics directly with the entity, as using proprietary or lesser-known platforms may present additional operational risks.

04-15
United States
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