Score

1.39 /10
Danger

Olymphubs

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 4

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.07

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

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

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Broker Information

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Company Name

Olymphubs, Inc.

Company Abbreviation

Olymphubs

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Olymphubs · Company summary
OlymphubsReview Summary
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Market InstrumentsForex, Commodities, Stocks, Indices and Cryptocurrencies
Demo Account
LeverageUp to 1:10
SpreadStarting at 0.10 points for equity futures
Trading PlatformMT4 & MT5
Min DepositRMB 10,000 (USD 1,500)
Customer SupportPhone: +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 productsNo regulation
Support MT4&MT5The deposit threshold is up to $1500
Offer demo accounts
Offer Islamic accounts

Is Olymphubs Legit?

Currently it has no valid regulation.

Is Olymphubs Legit?

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 InstrumentsSupported
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 TypesDemoIslamicStandardECN
Minimum DepositNone$100$100$500
LeverageUp to 1:500Up to 1:500Up to 1:500Up to 1:500
SpreadsFrom 1.0 pipFrom 1.0 pipFrom 1.0 pipFrom 0 pip
FeaturesA free and unlimited trading platform that allows traders to practice their skills without risking any real moneyNo swap charges, access to a variety of trading tools, and a dedicated customer support team24/7 customer support, educational resources, and a variety of trading toolsUltra-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 TypesIslamicStandardECN
SpreadsStarting from 1.0 pipStarting from 1.0 pipStarting from 0 pip
CommissionsNoneNoneMarket-dependent, typically per-trade fees

Trading Platform

Olymphubs's trading platform is MT4 and MT5, which supports traders on the web and mobile.

Trading PlatformSupported Available Devices Suitable for
MT4Web, MobileBeginner
MT5Web, MobileExperienced

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.

WikiFX
2023-12-01 18:20
The Most Complained Brokers in the United States in November!

ExposureWe 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.

WikiFX
2023-11-17 16:41
We warn you of a broker called Olymphubs

ExposureBeware: 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.

WikiFX
2023-11-14 10:45
Beware: Unregulated Broker OlympHubs Withdrawal Issues Arise

ExposureWARNING!! 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.

WikiFX
2023-11-03 18:06
WARNING!! Wikifx got consecutive complaints against Olymphubs

User Reviews

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User comment

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Comments

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selfcountry
more than one year
Communication with their support team proved futile, leaving me in the dark about the status of my withdrawals. The lack of responsiveness heightened my concerns, especially when dealing with significant sums of money.
Communication with their support team proved futile, leaving me in the dark about the status of my withdrawals. The lack of responsiveness heightened my concerns, especially when dealing with significant sums of money.
Translate to English
2023-12-15 18:49
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薛宇
more than one year
Olymphubs does not look secure. It is unregulated and I cannot recommend you to invest or provide any personal information on such a website. If you want to invest, look for a legitimate, reliable investment platform and carefully understand the risks and benefits. In addition, I advise you not to trust investment options that promise high leverage and fast execution, as this tends to be high-risk, high-return speculation that can result in the loss of your funds.
Olymphubs does not look secure. It is unregulated and I cannot recommend you to invest or provide any personal information on such a website. If you want to invest, look for a legitimate, reliable investment platform and carefully understand the risks and benefits. In addition, I advise you not to trust investment options that promise high leverage and fast execution, as this tends to be high-risk, high-return speculation that can result in the loss of your funds.
Translate to English
2023-03-28 14:20
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0
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