Olympus Markets Review is olympusmarkets.com a Scam or Legit Broker

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Olympus Markets Review: is olympusmarkets.com a Scam or Legit Broker?

Olympus Markets Review: Scam or Legit Broker? OlympusMarkets is a forex and cfd broker that offers trading in a huge range of assets spanning commodities, indices, stocks, currency pairs and cryptocurrencies. They have their address at PO BOX 1276, Port Vila, Vanuatu and they are owned and operated by Next Trade Ltd.

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OLYMPUS MARKETS TRADING PLATFORM

This broker uses its own webtrading platform.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are Credit/Debit card, Bank wire transfer, BitSend, BPay, Skrill, Neteller. The minimum deposit is $250

Is OLYMPUSMARKETS LICENSED?

NO! Olympus Markets broker is not licensed. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market.

SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

OlympusMarkets is an unregulated broker, this is a source of major concern. When trading forex, cfd and cryptocurrency we always recommend you use a regulated broker that is licensed to trade financial instruments.

COMPARE WITH A TRUSTED BROKER

eTORO

ETORO has registered addresses in London United Kingdom, Tel Aviv, Limassol, Australia and USA. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. eTORO has the best social trading platform in the forex industry where you could copy the trades of successful traders. You could also earn additionally if your trades are copied. ETORO is regulated and licensed by the FCA(Financial Conduct Authority) in the UK, NBRB in Belarus and ASIC in Australia, which makes client funds safe. They accept traders worldwide.. visit their official website