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Olive Markets

Operating status: SCAM

Website: https://olivemarkets130.com/

Broker violations and abnormal records
  • Jun 29, 2022 Brokersview has Reviewed that Olive Markets is an Unregulated Forex Broker

    Olive Markets claims to be a well-known broker in Turkey under regulation of Global Financial Services Authority (GLOFSA). However, GLOFSA is not a regulatory authoritiy issue licenses for forex trading or regulate entities that offer forex services. Meanwhile, we searched Capital Markets Board of Turkey (CMB) and didn't find any regulatory information of this broker. That means Olive Markets is not regulated by any regulators. 

    Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

    Olive Markets claims to be a well-known broker in Turkey under regulation of Global Financial Services Authority (GLOFSA). However, GLOFSA is not a regulatory authoritiy issue licenses for forex trading or regulate entities that offer forex services. Meanwhile, we searched Capital Markets Board of Turkey (CMB) and didn't find any regulatory information of this broker. That means Olive Markets is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.