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No Regulation
Score
1.43 /10
Danger
Odin
Add brokers
Comparison
Quantity 3
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.41
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-09-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Exposure
3 pieces of exposure in total Pyramid scheme complaint
ExposeNote: Odin's official website: http://www.odinwd.com/en/ is currently inaccessible normally.
Odin Information
Based in the UK, Odin Service Group Limited is a dissolved online trading platform with no regulation. The official website of this broker is currently unfunctional and there is very limited information about its business operation.
Is Odin Legit？
Odin operates without any valid supervision from any regulatory authorities. Trading with Odin is of high risk.
Downsides of Odin
- Lack of Regulation: Odin has not been regulated by any authorities. This means clients do not receive legal protection when trading on this platform.
- Unavailable Website: Odin's website cannot be opened currently. We can't test their trading conditions and trading platforms.
- Lack of Transparency: Because of the unavailable website and limited information through the internet about the company, Odin's current operational status and trading conditions are not transparent.
- Report of Complaints on WikiFX: There are complaints on WikiFX about this platform's withdrawal issue and serious slippage.
- Company Dissolved: Odin is a dissolved company, meaning Odin has shut down its business. Consequently, Odin can no longer provide trading services.
Negative Odin Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are 3 pieces of Odin exposure in total. I'll introduce 2 of them.
Exposure 1. Can not withdraw
| Classification | Unable to withdraw |
| Date | 2021-12-29 |
| Post Country | Hong Kong, China |
The user said his withdrawal was kept under processing. You may visit: https://www.wikifx.com/en/comments/detail/202112291022889710.html
Exposure 2. Serious Slippage
| Classification | Severe Slipppage |
| Date | 2022-01-01 |
| Post Country | Hong Kong, China |
The user experienced significant slippage while trading Bitcoin. You may visit: https://www.wikifx.com/en/comments/detail/202201013162733519.html
Conclusion
To sum up, we recommend you avoid unreliable brokers like Odin who does not maintain functional website and operate without regulation. Therefore, choosing regulated and reputable alternatives is a wise choice.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
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