Oliver FX Limited

Oliver | 2024-10-25 11:46

Abstract：Oliverfx is an unregulated broker based in the United Kingdom. Oliverfx offers various market instruments, including Cryptocurrency, Forex, Oil, Metal and Index.

Note: Oliverfx's official website: https://www.oliverfx.com is currently inaccessible normally.

OliverfxReview Summary
Founded	2024
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Cryptocurrencies, Forex, Oil, Metals, Indexes
Demo Account	/
Leverage	Up to 1:500
Spread	From 0.9 points (Standard Commission-free account)
Spread	From 0.0 points (Original Spread account)
Trading Platform	HT5 for iOS, HT5 for Android, HT5 PC
Min Deposit	/
Customer Support	Email: service@oliverfx.com

Oliverfx is an unregulated broker based in the United Kingdom. Oliverfx offers various market instruments, including Cryptocurrency, Forex, Oil, Metal and Index.

Pros and Cons

Pros	Cons
Various market instruments	Not regulated
	Unavailable website
	No MT4/5
	No info on minimum deposit
	Only email support

Is Oliverfx Legit?

Oliverfx is not regulated. The broker's license status is abnormal and it doesn't hold a valid regulation from the United States National Futures Association (NFA).

What Can I Trade on Oliverfx?

Oliverfx offers 5 trading options, including Cryptocurrency, Forex, Oil, Metal and Index.

Tradable Instruments	Supported
Currency pairs	❌
Commodities	❌
CFDs	❌
Forex	✔
Cryptocurrencies	✔
Oil	✔
Metals	✔
Indexes	✔
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

Oliverfx offers customers two account types: the Original Spread account and the Commission-free Standard account. However, no specific details regarding the features or benefits of these account types are provided.

Leverage

Oliverfx provides leverage options based on the equity of the trader's account.

Equities	Leverage
up to USD 5,000	1:500
between USD 5,001 and USD 10,000	1:200
between USD 10,001 and USD 20,000	1:100
between USD 20,001 and USD 50,000	1:50
above USD 50,000	1:20

Spreads

Oliverfx offers varied spreads on different currency pairs and financial instruments. For common currency pairs like EUR/USD, the Standard Commission-free account offers spreads as low as 0.9 points, while the Original Spread account offers spreads as low as 0.0 points.

Trading Platform

Oliverfx claims it offers HT5 for iOS, HT5 for Android and HT5 PC for their traders.

Deposit and Withdrawal

Oliverfx doesn't provide any information about deposit and withdrawal methods, fees, and processing time.

Leverage Dealer Forex trading Forex margin

Related broker

No Regulation

Oliver

Company name：Oliver FX Limited

Score

1.30

Website：https://www.oliverfx.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.30

The Hidden Checklist: Five Unconventional Steps to Vet Your Broker

Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.

Original 2024-12-24 16:56

Doo Financial Obtains Licenses in BVI and Cayman Islands

Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).

Original 2024-12-24 16:54

CFI’s New Initiative Aims to Promote Transparency in Trading

A new programme has been launched by CFI to address the growing need for transparency and awareness in online trading. Named “Trading Transparency+: Empowering Awareness and Clarity in Trading,” the initiative seeks to combat misinformation and equip individuals with resources to evaluate whether trading aligns with their financial goals and circumstances.

Original 2024-12-24 16:51

Malaysian-Thai Fraud Syndicate Dismantled, Millions in Losses Reported

The Royal Malaysia Police (PDRM) has received 26 reports concerning the Nicshare and CommonApps investment schemes, both linked to a major fraudulent syndicate led by a Malaysian citizen. The syndicate’s activities came to light following the arrest of its leader by Thai authorities on 16 December.

Original 2024-12-23 18:37