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OlympusFx Forex Broker provides real users with * positive reviews, 1 neutral reviews and 17 exposure review!

OlympusFx Broker Review

Rating Index
1.57
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
7.49

Pros

Offers a wide range of trading instruments, including forex, metals, and cryptocurrencies.
Provides access to the popular MetaTrader 5 trading platform, known for its advanced features and tools.
High leverage options available, up to 1:500, which can appeal to experienced traders.

Cons

Unregulated broker based in an offshore jurisdiction, raising concerns about the security of funds and potential for scams.
Limited information available regarding trading costs, spreads, and minimum deposit requirements, which can cause uncertainty for traders.
Numerous complaints about withdrawal issues and lack of responsive customer support, indicating potential reliability problems.

OlympusFx Review 18

All(18) Neutral(1) Exposure(17)
Exposure
Unavailable withdrawal and login

I was induced to deposit $5000 and left my account in trusteeship without modifying the password.After I made profits,their unsolicited manipulation began.They placed bought long with many lots and a short order with many lots.I made great losses because of high spread.The agent hasn’t reply to me for days,about which I felt something wrong.I applied for the withdrawal on the official website,which was refused.The fund was remitted to my account,while more than $100 commission was deducted.I sent the email to modify the password in case of unsolicited manipulation.Their email contained a new password.But the agent asked why I modify it.I explained that I wanted to make a withdrawal since the loss was serious.2 to 3 hours later,I couldn’t log in my MT4 because of wrong password,which meant he had modified my password compulsory.I don’t what he would do to my account and he was disappeared again.

缘份天来定
2019-11-12
Exposure
Don’t trust the scam sni team my friends in Malaysia.

The withdrawal is unavailable.The platform didn’t reply to my emails.The account, operated by the trade, has become forced liquidation.What I am concerned now is that my account name might be counterfeited.

高冷直男
2019-12-04
Exposure
Unable to withdraw in OlympusFx

The withdrawal applied in last September is yet to be received. I have negotiated with the platform for times, it shirked on limitation on currency conversion and then gave no access to withdrawal, saying that it has withdrawn form Chinese market. I was asked to use the new plan, that is, to deposit again trade for a certain lot to get the former fund back. Hope related team take back the money for me, thank you.

FX4999308885
2020-03-26
Neutral

Just one piece of advice: Don’t trade with offshore brokers. They will eat up your money and leave you nothing but tears and a broken heart.

寒风
2023-02-16
Exposure
Beware of scam platform

stay away from this scamer platform cant withdraw at all and the spread are damn high

FX4115528897
2021-08-26
Exposure
Ipoh is a scam

Manipulate the trading results, intentionally liquidate the position, and do not pay! Deceiving Malaysians, Taiwanese, Australians, Chinese! !

FX1826529186
2020-12-18
Exposure
Induced fraud

The lot size was normal when I didn't witdhraw funds. But after I withdew, it was ten times larger and made my positions wiped out. They prevent you from withdrawing funds deliberately!

FX2425778795
2020-12-18
Exposure
Unable to withdraw

Can't contact the manager from Malaysia or withdraw funds since September 24.

单于愿
2020-12-11
OlympusFx review