Minimum Deposit: $250
Maximum Leverage: 1:500
My Score: 0.2
Olsson Capital is a CFD broker established in 2017 to provide online trading services. I can say that the broker has achieved a good success in a short time. The official website has about a hundred thousand visitors a month. For 1-year-old broker , this number of visitors is very successful.
The most noticeable point when I reviewed the official web site was the contents of the site. I have studied hundreds of brokers so far. In general, brokers have a site structure how visitors can easily receive information and open accounts. However, this is different for Olsson Capital. When you visit the official website, you will see that there are too many educational materials.
I think Olsson Capital’s target audience is beginner investors. Because the content that professional investors will not pay attention to is highlighted. For example, the economic calender, e-books, trading glossary or signals are one of these contents.
Despite all this, the information on the site is not transparent. A lot of important information is not available. So it can have some misleading content.
Well, is Olsson Capital scam or reliable broker? What are account types offered by Olsson Capital and other trading conditions like spread, maximum leverage and more… If you have a comment about this broker or have experienced a problem, you can write in the comments section below this article. You will be sure to respond soon. If you’re ready, let’s start.
Regulation is one of the most important criteria for traders. Because there are a lot of scam brokers on the forex and bitcoin market. To avoid these scam brokers, you should choose reliable forex brokers. But one of the most important indicators of reliability is the license.
Is Olsson Capital a regulated broker? Let’s look at it together. Olsson Capital is a brand of Carter Enterprises. Carter Enterprises OU is registered in Estonia and Bulgaria. However, it is regulated by any financial authority in both countries. There is no license from any regulator.I can clearly state that Olsson Capital is not regulated and licensed broker. If you experience a problem with this broker, there is no financial authority to complain.
In some forums and websites you can see that Olsson Capital is regulated by FCA. But these are false and misleading expressions. Possibly, the ad content. The FCA is issuing warnings for these situations. In the image below you can see the warning made by FCA.
It is a very challenging process for newly launched brokers to obtain licenses from reputable regulators like FCA. It is therefore understandable that these brokers prefer less reputable regulators to license. However, unlicensed services are not acceptable. That’s why I do not recommend opening an account and trading with Olsson Capital. Click the button below to see a list of brokers that more reliable and offer better trading conditions.
Normally, brokers offer different types of accounts for each investor type. For example, investors who want to try out new trading strategies prefer nano account types where nano lots can be used. Professional investors prefer ECN account types with raw spreads. Therefore, brokers also take account of these situations and then create account types and spreads, maximum leverage and minimum deposit. These account types and trading conditions are published on the site together with a comparison table. However, these situations are completely different for Olsson Capital.
We do not know the types of accounts offered by Olsson Capital because there is no information on the official website. So we do not have any information about spreads and maximum leverage. However, as far as we know from other users, the maximum leverage is 1: 500 and the minimum deposit is 250 dollars. There is only one account type. According to Olsson Capital’s argument, investors are not confused because there is only one type of account.
I have asked these questions to the customer service via live chat in the official web site. The answer they gave me was: Please create an account and you will be contacted for further assistance and our account mangers will assist you.
In other words, you are asked to open an account before you can learn the account types. Why do you have an account that you do not know the details of? This type of customer service is one of the most important indicators of scam brokers.
A significant portion of investors who chose Olsson Capital prefer CryptoCurrency trading. However, you do not have to choose scam brokers for Crypto trading. You can see a list of trusted and licensed bitcoin brokers by clicking on the button below.