Score
Australia
|
5-10 years
| https://www.olivefx.com
Website
Rating Index
LicensesLicensed Entity：Olive Financial Markets Pty Ltd
License No. 390906
Australia
olivefx.com United States
VIP is not activated.
Note: OliveFX's official website: https://www.olivefx.com is currently inaccessible normal.
| OliveFXReview Summary | |
| Founded | / |
| Registered Country/Region | Australia |
| Regulation | ASIC (Suspicious Clone) |
| Market Instruments | Forex, CFDs on Metals, Indices, Crude, Natural Gas |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | 0.8 pips |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Email: support@olivefx.com |
| Company Address: C/- ROSEN PARTNERS, 89 Bronte Road, BONDI JUNCTION NSW 2022 | |
OliveFX is a multi-asset broker registered in Australia, offering trading on Forex and CFDs on Metals, Indices, Crude, and Natural Gas with leverage up to 1:500 and spread from 0.8 pips via the MT4 platform. However, it currently has no valid regulations. The ASIC license is a suspicious clone.
| Pros | Cons |
| Various tradable asset classes | Suspicious clone ASIC license |
| MT4 supported | Unfunctional website |
| No demo accounts | |
| No info on minimum deposit | |
| Limited contact channels |
No. Since OliveFX's license is suspected to be a fake clone, it lacks valid regulation. Engaging with this platform will potentially put you in danger.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Regulatory Status |
 | Australia Securities & Investment Commission (ASIC) | Olive Financial Markets Pty Ltd | Market Making (MM) | 390906 | Suspicious Clone |
OliverFX claims to offer forex as trading instruments, including over 70 forex pairs, many of which are minor or exotic, like USDZAR, USDTRY, USDSGD, USDSEK, USDRUB, USDRON, USDPLN, USDNOK, USDMXN, USDILS, USDHUF, USDHKD, USDDKK, USDCNH, and USDCZK.
Additionally, there is a selection of CFDs on spot silver, spot gold, Brent Crude, WTI Crude, natural gas, and 12 indices.
| Trading Asset | Available |
| forex | ✔ |
| CFDs | ✔ |
| metals | ✔ |
| crude | ✔ |
| natural gas | ✔ |
| indices | ✔ |
| stocks | ❌ |
| cryptocurrencies | ❌ |
Oliver offers a Standard and Islamic accounts. However, no specific info on account features.
OliverFX offers leverage up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
On OliveFX, you can deposit and withdraw funds using a bank wire transfer or Paypal.
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