Pros
- Offers trading in forex, metals, indices, commodities, stocks and crypto
- Leverage reportedly up to 1:300 for retail clients
- Proprietary Olive Trading Platform plus mobile apps
- Demo account available for practice
- Localized marketing and support for Turkish clients
Cons
- No credible tier-1 or tier-2 regulation; offshore registration only
- Very low third-party safety scores and many public complaints about withdrawals
- Fee structure and swap policy lack transparency
- Aggressive marketing and bonuses with unclear terms
- High leverage combined with weak oversight significantly increases risk
Basic Information
User Reviews
Regulation Analysis
Olive Markets is not authorized by major financial regulators such as the FCA (UK), ASIC (Australia) or CySEC (EU). Some marketing materials mention offshore registrations and minor supervisory bodies, but these do not function as full-scope forex regulators with strong investor protection rules.
Registration in jurisdictions like the Marshall Islands typically involves limited oversight, no investor compensation scheme and minimal transparency requirements. Turkish regulators have also warned repeatedly about trading via unlicensed forex websites.
Practically this means client funds do not benefit from robust segregation rules, strict capital requirements or established dispute-resolution mechanisms. Traders should view Olive Markets as unregulated and extremely high risk.
Trading Products
Olive Markets claims to provide a broad product range via CFDs:
- Forex: Major, minor and some exotic currency pairs with variable spreads.
- Metals: Gold, silver and other precious metals.
- Indices: Popular equity indices from the US, Europe and Asia.
- Commodities: Energy and soft-commodity CFDs.
- Stocks & CFDs: Selected global shares, traded as CFDs.
- Cryptocurrencies: Bitcoin, Ethereum and other cryptos via leveraged CFDs.
All contracts are derivative-based, so clients speculate on price movements instead of owning the underlying assets. Terms can be changed at the broker’s discretion due to the absence of strong regulation.
Trading Platforms
Trading at Olive Markets is centered on the in-house Olive Trading Platform, offered for web and mobile. It provides charting, order tickets and account management functions.
Unlike industry standards such as MetaTrader 4/5 or cTrader, a proprietary platform offers fewer possibilities to transfer strategies or independently verify execution quality. Pricing, execution speed and stability fully depend on the broker’s infrastructure and policies.
Given the lack of recognized regulation, traders should be very cautious when running automated strategies or keeping significant balances on this proprietary platform.
Deposit and Withdrawal
Olive Markets supports card payments, bank transfers and some e-wallets, with a typical minimum deposit advertised around 100 USD. The broker also promotes bonuses and other promotional schemes linked to deposits.
Independent reviews report uncertain fee policies and withdrawal difficulties. Processing times, internal approval steps and potential additional conditions are not always clear in public documentation.
Because deposits are made to an offshore, unregulated entity, it can be difficult to recover funds if a dispute arises. Traders should test withdrawals with small amounts only and avoid committing large capital.
Customer Support
Customer service is provided via:
- Email: support@olivemarkets.com
- Phone: international numbers published on the broker’s website.
- Online forms and live chat on promotional pages.
Some users report responsive support for basic account questions, but many complaints mention slow or unhelpful responses regarding withdrawals. As with other offshore firms, customer service cannot substitute proper regulation.
FAQ
Q: Is Olive Markets a regulated forex broker?
A: No. Olive Markets is generally classified as unregulated and offshore. It does not hold licenses from major regulators like FCA, ASIC or CySEC.
Q: What is the minimum deposit?
A: Marketing material often mentions around 100 USD, but conditions can change. Always confirm directly and understand any bonus rules before funding.
Q: Are there many complaints?
A: Yes. Independent review sites show a very low overall score and multiple complaints about withdrawal issues and lack of transparency. Extreme caution is recommended.
