Olymphubs Forex Broker

OlymphubsReview SummaryRegistered Country/RegionUnited KingdomRegulationNo regulationMarket InstrumentsForex, Commodities, Stocks, Indices and CryptocurrenciesDemo Account✔LeverageUp to 1:10SpreadStarting at 0.10 points for equity futuresTrading PlatformMT4 & MT5Min DepositRMB 10,000 (USD 1,500)Customer SupportPhone: +44 7418 338884Email: support@olymphubs.comPhysical Address: 20-22 WENLOCK ROAD LONDON ENGLAND N1 7GUOlymphubs Information Olymphubs is a financial service provider that can offer demo accounts, Islamic accounts, Standard and ECN accounts. What's more, it pays a lot on customer support, offering assistance through live chat, email support, phone support, and a comprehensive FAQ section. However, currently it has no valid regulation.Pros and ConsPros Cons Diversified trading productsNo regulationSupport MT4&MT5The deposit threshold is up to $1500Offer demo accountsOffer Islamic accountsIs Olymphubs Legit? Currently it has no valid regulation.What Can I Trade on Olymphubs? Olymphubs offers traders the opportunity to trade stocks, ETFs, funds, bonds, options and futures, derivatives and structured products, in addition to CFDS on currencies, stocks, commodities and indices. Finally, it claims to offer 35 cryptocurrencies, namely Bitcoin, Ethereum and others.Tradable InstrumentsSupported Forex✔Commodities✔Stocks✔Indices✔Cryptocurrencies✔Derivatives❌Structured Products❌Account Types Olymphubs offers a total of 4 different types of accounts to traders-Demo accounts, Islamic accounts, Standard and ECN accounts.Account TypesDemoIslamicStandardECNMinimum DepositNone$100$100$500LeverageUp to 1:500Up to 1:500Up to 1:500Up to 1:500SpreadsFrom 1.0 pipFrom 1.0 pipFrom 1.0 pipFrom 0 pipFeaturesA free and unlimited trading platform that allows traders to practice their skills without risking any real moneyNo swap charges, access to a variety of trading tools, and a dedicated customer support team24/7 customer support, educational resources, and a variety of trading toolsUltra-low spreads, access to deep liquidity, and advanced trading toolsOlymphubs Fees Olymphubs charges different transaction fees based on different account types, and there are also non-transaction fees, including overnight interest fees，deposit and withdrawal fees and inactivity fees.Account TypesIslamicStandardECNSpreadsStarting from 1.0 pipStarting from 1.0 pipStarting from 0 pipCommissionsNoneNoneMarket-dependent, typically per-trade feesTrading Platform Olymphubs's trading platform is MT4 and MT5, which supports traders on the web and mobile.Trading PlatformSupported Available Devices Suitable for MT4✔Web, MobileBeginnerMT5✔Web, MobileExperiencedDeposit and Withdrawal The broker supports four payment methods: debit/credit cards, e-wallets like Skrill and Neteller, bank transfers, and cryptocurrencies like Bitcoin. In addition, its minimum deposit requirement ranges from $10 to $500 depending on the account type. And generally, the minimum withdrawal is around $10.