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OLIMPOTRADER -

Score

1.47 /10
Danger

OLIMPOTRADER

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.olimpotrader.com

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.65

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

OLIMPOTRADER

Company Abbreviation

OLIMPOTRADER

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
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OLIMPOTRADER · Company 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.

User Reviews

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User comment

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Comments

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Asher Li
more than one year
1000:1 leverage is pretty high, and I used to think I could really use my trade skills, but that could be very risky. To put it simply, I won't tell you guys to use such high pressure.
1000:1 leverage is pretty high, and I used to think I could really use my trade skills, but that could be very risky. To put it simply, I won't tell you guys to use such high pressure.
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2024-08-07 12:05
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Mr. chgh
more than one year
Utter Scam, all negative comments are true. You will not be able to withdraw your initial investment. No customer service, I am still waiting for a response since October 2023 and have messaged them 7 times. STAY CLEAR
Utter Scam, all negative comments are true. You will not be able to withdraw your initial investment. No customer service, I am still waiting for a response since October 2023 and have messaged them 7 times. STAY CLEAR
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2024-03-29 10:00
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