logo |


About WikiFX


    2-5 years
    Suspicious Regulatory License
    MT4/5 full license
    Regional Brokers




    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    License Index


    Business Index


    Risk Management Index


    Software Index


    Regulatory Index



    No valid regulatory information
    Please be aware of the risk!


    • Company Name:

    • Company Abbreviation:

    • Place of registration:

      OLYMPTRADESaint Vincent and the Grenadines
    • Regulatory Status:

      No Regulatory
    • Customer Service Email Address:

    • Customer Service Phone Number:

      +27 (21) 1003880
    • Company summary

      BasicInformation&RegulatorsofOlympTradeOlympTradehasbeenoneoftheleadingonlinebrokerssince2014.OlympTradejoinedtheIFCin2016.OlympTradereceivedthe2017BestOptionsBrokerAwardatForexExpoandthe2017CPALifeBestFinancialBrokerAward.OlympTrade'sofficialwebsitedoesnotshowanyregulatoryinformation.SafetyAnalysisofOlympTradeTheessentialprerequisitetomeasurethesafetyofaforextradingplatformradicaliswhetheritisformallyregulated.OlympTradeiscurrentlyunregulated,whichmeansthatusers'tradingactivitiesandthesafetyoftheirfundscannotbeeffectivelyprotected.InvestorsshouldbecarefultoavoidOlympTradeasaforextradingplatform.MarketInstrumentsOlympTradeofferstradersawiderangeoffinancialinstruments,mainlyForexcurrencypairs,commodities,indices,stocks,cryptocurrencies,exchange-tradedfunds,andOTC.Leverage&AccountsofOlympTradeTomeettheinvestmentneedsandtradingexperienceofdifferentinvestors,OlympTradeofferstwodifferenttypesofaccounts:StandardandPremium.OlympTradeoffersmaximumtradingleverageof1:400,1:30forthemostpopularcurrencypairs,and1:20forminorcurrencypairs.Spreads&FeesofOlympTradeThereisnodetailedinformationaboutspreadsontheofficialOlympTradewebsite.Bytestingastandarddemoaccount,thespreadonEURUSDisaround1.1pips.OlympTradechargesafixedrateofovernightfeesforovernighttrades,upto15%ofthetotalinvestmentamount.Foraccountsthathavebeeninactivefor180days,OlympTradechargesamonthlyfeeof$10.TradingPlatformAvailableofOlympTradeOlympTradetradingplatformpagesareeasytonavigatewitharealfocusonuserexperience.OlympTradesupportsweb,desktopapplications(forWindowsandMac),andsmartphones/tablets(forAndroid/iOS).DepositandWithdrawalOlympTradewelcomesavarietyofdepositandwithdrawalmethods,mainlybankcards,creditcards,UnionPay,Bitcoin,TEDA,NETELLER,Skrill,PerfectMoney,WebMoney About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    Warning: Low score, please stay away!

    Previous Detection: 2021.09.17 Risk: 2 Item

    • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
    • The number of the complaints received by WikiFX have reached 51 for this broker in the past 3 months, please be aware of the risk and the potential scam!

    WikiFX Verification

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score


    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-09


    Identification Result

      OLYMPTRADE · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          OLYMPTRADE· Genealogy

          OLYMPTRADE · Clones

          OLYMPTRADE · Market Analysis

          The data are from WIKI Research    2021.09.17 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          OLYMPTRADE · Survey×




          Alternate Text

          Data Sources WikiResearch 2021.09.17 Update


          Data Sources WikiResearch 2021.09.17 Update

          OLYMPTRADE · Chart

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by WikiFX Data

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.09.17 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          * Contact number
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          OLYMPTRADE · Company summary

            Basic Information & Regulators of Olymp Trade

            Olymp Trade has been one of the leading online brokers since 2014. Olymp Trade joined the IFC in 2016. Olymp Trade received the 2017 Best Options Broker Award at Forex Expo and the 2017 CPA Life Best Financial Broker Award. Olymp Trade's official website does not show any regulatory information.

            Safety Analysis of Olymp Trade

            The essential prerequisite to measure the safety of a forex trading platform radical is whether it is formally regulated. Olymp Trade is currently unregulated, which means that users' trading activities and the safety of their funds cannot be effectively protected. Investors should be careful to avoid Olymp Trade as a forex trading platform.

            Market Instruments

            Olymp Trade offers traders a wide range of financial instruments, mainly Forex currency pairs, commodities, indices, stocks, cryptocurrencies, exchange-traded funds, and OTC.

            Leverage & Accounts of Olymp Trade

            To meet the investment needs and trading experience of different investors, Olymp Trade offers two different types of accounts: Standard and Premium. Olymp Trade offers maximum trading leverage of 1:400, 1:30 for the most popular currency pairs, and 1:20 for minor currency pairs.

            Spreads & Fees of Olymp Trade

            There is no detailed information about spreads on the official Olymp Trade website. By testing a standard demo account, the spread on EURUSD is around 1.1 pips. Olymp Trade charges a fixed rate of overnight fees for overnight trades, up to 15% of the total investment amount. For accounts that have been inactive for 180 days, Olymp Trade charges a monthly fee of $10.

            Trading Platform Available of Olymp Trade

            Olymp Trade trading platform pages are easy to navigate with a real focus on user experience. Olymp Trade supports web, desktop applications (for Windows and Mac), and smartphones/tablets (for Android/iOS).

            Deposit and Withdrawal

            Olymp Trade welcomes a variety of deposit and withdrawal methods, mainly bank cards, credit cards, UnionPay, Bitcoin, TEDA, NETELLER, Skrill, Perfect Money, WebMoney

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.