Minimum Deposit: $100
Maximum Leverage: 1:300
Hello everyone! I will introduce you to Olive Markets today. In this Olive Markets review, you will have the all information about the broker. Olive Markets is a forex and CFDs broker who offers competitive trading conditions to its clients.
This Olive Markets review gives you the answers to questions that you wondering about the broker. For example; Is Olive Markets scam or safe? What are the trading conditions such as spreads, leverage, minimum deposit? Is Olive Markets regulated? What are the account types and deposit/withdrawal methods offered by the broker?
Olive Markets Regulation and Investor Protection
One of the most important things in the Forex market is regulation and investor protection. You have to be very careful before choosing a broker. Because it may be a scam broker. So, how can we understand if a broker scam or not? There is a simple way. You must choose licensed brokers.
Olive Markets is a duly regulated and licensed forex broker. Olive Markets is regulated by GLOFSA. Olive Markets is licensed and does not allow any risk to the security of investor funds.
Also, the broker says it keeps the clients’ funds in segregated bank accounts. It means the clients’ funds being maintained in dedicated, segregated client funds.
These funds are managed completely separate from the company’s own capital. This is an important point for the security of your money.
It also maintains a certain amount of money in bank accounts to meet customers’ withdrawal requests instantly. Olive Markets says that it starts with strong capital and has a financial structure that can handle the customers’ requests smoothly.
Account Types and Spreads
Olive Markets offers its clients three different account types. These are Silver, Gold, and VIP account types. You are able to choose the type that suits your trading style. It is easy to open an account with this broker. You can start trading by going through a very fast and easy account opening procedure.
|Account Type||Minimum Deposit||Spreads||Minimum Trade Size||Maximum Leverage|
Let’s talk about trading offers. The spreads are very competitive. It varies by account type. The maximum leverage is up to 1:300. The minimum deposit amount is 100$ which is sector average.
The broker provides the opportunity to trade forex currency pairs, commodities, stocks, indices and cryptocurrencies. There is also a swap-free account, also known as an Islamic / interest-free account. In addition, a demo account is offered to try the company’s services.
I think the spreads are very competitive compared to other forex brokers and sector standards. Especially, VIP account’s spreads are quite low. The minimum trade size for all accounts is 0.01 for all account types.
Olive Markets offers its clients the most popular trading platform MetaTrader 4. MT4 is designed for Forex and futures trading. You can analyze financial markets, perform advanced trading operations, and run trading robots (as known as Expert Advisors).
The platform has a user-friendly interface, advanced charting tools and indicators, fast trade execution and more. The platform is available on desktop, mobile devices. There is also a web platform. The MetaTrader 4 web platform allows you to trade Forex from any browser and operating system (Windows, Mac, Linux) with no additional software.
Olive Markets offers a wide range of trading instruments. The clients can trade forex pairs, commodities, stocks, indices, and cryptocurrencies and assets indices.
There are various currency pairs to trade, cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. Commodities are gold, silver, oil, and more.
Bonuses and Promotions
Olive Markets offers a %15 welcome bonus when you deposit. It is available for all account types. It is a non-withdrawable bonus. In this way, it is possible to try the company advantageously by doing more transactions with less money.
The broker says they will fulfill your withdrawal requests on the same day. You can make your deposits using Bank Transfer, Credit Card and Cryptocurrencies. The deposits and withdrawals are safe and fast.
Olive Markets is a reliable forex broker who is regulated and offers competitive trading conditions. It also has a wide range of trading products.
There was no problem and delay when deposit. The orders execute fast. The platform is really good. The spreads and minimum deposit are low.
So, I would suggest to trade with this broker. Also, Olive Markets is one of the best brokers that I ever traded.