Olympic Markets is a brokerage company that is ready to provide an investor with access to the financial market. Here we are promised safe and transparent trading, and most importantly, profitable transactions. In fact, there is no trade here. This is another fraudulent resource and its main goal is to deceive people for money. Initially, he is interested in beginners who are very poorly versed in trading.
Website
olympicmarkets.com
About Olympic Markets
The official website of the company looks very standard and cheap. It has cheap content and is uninformative. There is practically no text content here. Only a couple of proposals that do not reveal the essence of the project. A specialized resource estimated the cost of the site at 6 rubles. Now you definitely should not think that there is a legal broker behind such a project. Obviously, this company does not plan to exist for a long time. Such resources work for a maximum of several months.
There is no information on the site when the company was created and who owns it. The domain name was registered in August this year.
Legal information
The footer of the site says that Olympic Markets Ltd is authorized and regulated by the Labuan Financial Services Authority (“LFSA”). Olympic Markets Ltd. Block B, Lot 49, 1st Floor, Block F, Warehouse Lazenda 3, Jalan Ranca Ranca, 87000 FT Labuan, Malaysia, and registration number (LL1766) of the Labuan Financial Services Authority, exists in fact, but it has nothing to do with the hero of our review.
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The scammers simply stole the details of a real company and decided to expose them as their own. This is a fairly common practice among scammers. License from the Central Bank of Russia, not on the site. This means that the broker does not have the right to provide financial services for Russian citizens. This is a completely anonymous project. The activities of which are not regulated or controlled by anyone.
The essence of divorce here is standard. First, managers look for their potential victims on social networks and offer jobs. Their main task is to convince you to register on the site and make a deposit. After that, you will see in your personal account how successfully you trade. But it is worth considering the fact that all trading takes place not on a real exchange, but on a fake terminal. And this terminal is controlled by scammers. As soon as you stop pouring in new finances, the admins will simply block you.
Opinions about Olympic Markets
Reviews about the fake broker Olympic Markets have already begun to appear on the net. All reviews are extremely negative. First of all, this is due to the fact that the company initially misleads users and deceives them for money. One of the former clients said that the scammers found him through social networks and offered to go to Telegam for personal communication. And then they began to process it and insist on a large deposit. Thus, the client lost several thousand dollars. But as soon as he stopped contributing new finances, his account was varnished.
Conclusion
Olympic Markets is a formulaic fake broker with no intention of withdrawing money and has negative reviews and a nasty reputation. The goal of scammers is to take large sums from you, which will immediately go to offshore accounts. It is impossible to invest money here and cooperate with an intermediary. For a place of real trading, you will only expect big financial losses. Always, before cooperating with a broker, very carefully check the real reviews on the network and the availability of legal data and licenses from regulators. Warn your family and friends.