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OLIMPOTRADER foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.olimpotrader.com/user/login?register, about the company's legal and temporary regulatory information, the company's address .

OLIMPOTRADER Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
OLIMPOTRADER
Abbreviation
OLIMPOTRADER
Company employee
--
Customer Service Email Address
info@olimpotrader.com
Contact Number
+1 (888) 346 4069
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

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 SummaryFounded/Registered Country/RegionUnited StatesRegulationNo regulationMarket InstrumentsForex, Commodities, Stocks, CFDs, and CryptocurrenciesDemo Account/LeverageUp to 1:1000Spread/Trading Platform/Min Deposit$250Customer SupportTel: +1 (888) 346 4069Email: 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 ConsProsConsDiverse trading productsDead websiteMultiple account typesNo regulationLack of transparencyHigh minimum depositIs OLIMPOTRADER Legit? No, OLIMPOTRADER is not regulated by any financial services regulatory authority. Please be aware of the risk!What Can I Trade on OLIMPOTRADER?Tradable InstrumentsSupportedForex✔CFDs✔Commodities✔Stocks✔Cryptocurrencies✔Indices❌Bonds❌Options❌ETFs❌Account TypeAccount TypeMin DepositBronze$250Silver$2,500Gold$10,000Diamond$25,000Leverage 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.

Rating Index

  

ADA Capital Markets Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  ADA Capital Markets is a privately owned forex brokerage firm that was established in 2017. The company is headquartered in 57a Broadway, Lea-on-Sea, Essex, SS9 1PE, England. As an introducing broker regulated by the Financial Conduct Authority (FCA) in the UK, ADA Capital Markets primarily serves institutional and professional clients across Europe, Turkey, and the Near East, offering a variety of trading solutions tailored to meet the diverse needs of its clientele.

  The firm operates within the forex and Contract for Difference (CFD) markets, providing access to a wide range of financial instruments. Over the years, ADA Capital Markets has focused on building strong relationships with its clients, leveraging its management team's extensive experience in foreign exchange, commodities, and market data management. The company's business model emphasizes transparency, governance, and compliance with regulatory requirements, positioning it as a reliable partner for traders seeking to navigate the complexities of the financial markets.

  ADA Capital Markets broker has made significant strides since its inception, with a commitment to delivering high-quality trading services and solutions. The firm aims to facilitate long-term investment relationships, helping clients achieve their financial goals through a comprehensive understanding of market dynamics and regional economic conditions.

  

2. Regulatory and Compliance Information

  ADA Capital Markets is primarily regulated by the FCA in the United Kingdom, holding an investment advisory license (license number: 794284). However, it is important to note that the firm's regulatory status has raised concerns, as its business scope may exceed the limits of its license. This has led to warnings regarding the potential risks associated with trading through this broker.

  The company adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that it maintains high standards of security and integrity in its operations. Client funds are held in segregated accounts with tier-1 banks, providing an additional layer of protection for investors. However, ADA Capital Markets does not currently participate in any investor compensation schemes, which is a crucial consideration for potential clients.

  The lack of comprehensive regulatory oversight and transparency on the broker's website has been highlighted by various reviews, raising questions about the adequacy of its compliance measures. As such, prospective traders are advised to conduct thorough due diligence before engaging with the ADA Capital Markets broker.

  

3. Trading Products and Services

  ADA Capital Markets offers a diverse range of trading products, primarily focusing on forex and CFDs. The broker provides access to a variety of currency pairs, including major, minor, and exotic currencies, allowing traders to capitalize on fluctuations in the foreign exchange market. Specifically, ADA Capital Markets supports numerous forex pairs, catering to the needs of both retail and institutional clients.

  In addition to forex trading, the firm offers a comprehensive suite of CFD products, including indices, commodities, and cryptocurrencies. This allows traders to diversify their portfolios and explore various market opportunities. The broker continuously updates its product offerings to align with market trends, ensuring that clients have access to the latest trading instruments.

  ADA Capital Markets also provides tailored solutions for institutional clients, including liquidity provision and white-label services. This enables institutional partners to leverage the broker's infrastructure and expertise to enhance their trading capabilities. Furthermore, the firm is committed to delivering high-quality asset management services, helping clients optimize their investment strategies.

  

4. Trading Platforms and Technology

  ADA Capital Markets does not support the widely recognized MetaTrader 4 (MT4) or MetaTrader 5 (MT5) trading platforms, which are popular among forex traders. Instead, the broker utilizes its proprietary trading platform, designed to provide a user-friendly experience for both novice and experienced traders. This platform is accessible via web and mobile applications, ensuring that clients can trade on the go.

  The broker's trading infrastructure is built on advanced technology, enabling fast execution of trades and access to a wide range of trading tools. ADA Capital Markets offers various order types, including market, limit, and stop orders, allowing traders to implement their strategies effectively.

  Additionally, the firm provides API access for automated trading, enabling clients to integrate their trading systems with the broker's platform. This feature is particularly beneficial for institutional clients and algorithmic traders looking to optimize their trading performance.

  

5. Account Types and Trading Conditions

  ADA Capital Markets offers several account types tailored to meet the diverse needs of its clients. The standard account requires a minimum deposit, with competitive spreads and no commission fees. For more advanced traders, the broker provides premium account options that offer additional features and benefits, such as lower spreads and higher leverage.

  The broker's leverage ratios vary by account type and trading instrument, allowing clients to choose the level of risk they are comfortable with. The minimum trade size is set to accommodate both retail and institutional traders, ensuring flexibility in trading strategies.

  ADA Capital Markets also offers a demo account, allowing prospective clients to practice their trading skills without risking real capital. This is an essential feature for new traders looking to familiarize themselves with the broker's platform and trading conditions.

  

6. Fund Management

  ADA Capital Markets supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The broker has set minimum deposit requirements for different account types, ensuring accessibility for a wide range of clients.

  Deposit processing times are generally swift, with most transactions completed within a few hours. However, it is crucial to note that specific payment methods may incur fees, which should be reviewed before initiating a transaction.

  Withdrawals can be made through similar methods, with processing times varying based on the chosen payment option. ADA Capital Markets has implemented a straightforward withdrawal process, but clients should be aware of any potential fees associated with their chosen method.

  

7. Customer Support and Educational Resources

  ADA Capital Markets offers customer support through multiple channels, including phone, email, and online chat. The support team is available during business hours, providing assistance in several languages to cater to its diverse client base.

  The broker also provides a range of educational resources, including webinars, tutorials, and e-books, to help traders enhance their knowledge and skills. Market analysis services, such as daily reports and research updates, are also available, keeping clients informed about market developments.

  Additionally, ADA Capital Markets offers various trading tools, including calculators and economic calendars, to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  ADA Capital Markets primarily serves clients in Europe, Turkey, and the Near East, with a focus on institutional and professional clients. The broker has established a presence in these regions, leveraging its understanding of local market dynamics.

  However, certain countries are restricted from accessing the services of ADA Capital Markets, including the United States, Israel, and Iran, due to regulatory considerations. Prospective clients should verify their eligibility before opening an account with the broker.

  In summary, the ADA Capital Markets broker offers a range of trading products and services, supported by a proprietary trading platform and a commitment to compliance. However, potential clients should be cautious due to the broker's regulatory status and the associated risks.

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Latest Reviews

Asher Li

Asher Li

Singapore

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.

37130

2024-08-07

FX3957397896

FX3957397896

Venezuela

I lost $190 and my account had to deposit again in order to continue trading.

Exposure

2021-09-17

FX4150971402

FX4150971402

Colombia

I deposited $150 here and I couldn't withdraw my money forever. Beware of some companies which can yield high returns cuz the same thing can happen to you, too

Exposure

2021-06-30

OLIMPOTRADER Forex Broker has an overall rating of 1.49, Regulatory Index 0.00, License Index 0.00, Business Index 6.85, Software Index 4.00 Risk Control Index 0.00.
OLIMPOTRADER