Forex Olympic Markets Broker Review

Performance Matrix

Main Score & Risk Matrix

#1179

Score

4.8

Average

Olympic Markets is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 5.0

Business 4.3

Risk Control 4.6

Software 5.3

Regulatory 4.8

Terminal Snapshot

Olympic Markets Trading Conditions

Registered Region Malaysia

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@olympicmarkets.com

Contact Number N/A

Website www.olympicmarkets.com

Balanced Review

Pros & Cons

Pros

Regulated by Labuan Financial Services Authority (LFSA)
Trading platform: MetaTrader 5 with advanced features
Diverse trading instruments focusing primarily on forex pairs
Educational resources available for beginner traders
Responsive customer service with timely support

Cons

Regulated only by Labuan Financial Services Authority
Limited trading instruments (primarily forex pairs)
Low user rating of 1.4 out of 5
Concerns over customer service quality
High minimum deposit requirements for certain accounts

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Olympic Markets	VPFX	EC Investment Bank	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Malaysia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	4.8/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Olympic Markets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners and casual traders	Low initial deposit, competitive spreads	Suitable for individuals starting in forex trading
Commission Account	Active traders	Lower trading costs through commission structure	Ideal for those looking to trade frequently
STP Pro Account	Professional traders	Advanced trading features, high leverage	Requires experience and higher trading volume
Demo Account	New traders	Practice trading without risk	No financial commitment needed; virtual funds provided

Account Opening Process

To open an account with Olympic Markets, follow these steps: First, submit your personal information, including your name, date of birth, and contact details. Next, provide employment information and details about your financial situation. You will be required to complete identity verification by submitting a valid ID and proof of address. After verification, you can select from available account types. Olympic Markets allows account flexibility, meaning you can upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
Forex (GBP/USD)	1.0	$0 (ECN: $3.5/lot)	Competitive for active traders
CFDs (Gold)	3.0	$0 (ECN: $4.0/lot)	Standard spreads for commodities
CFDs (Crude Oil)	4.0	$0 (ECN: $4.0/lot)	Higher spreads due to volatility
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on market conditions

Other Fees

Olympic Markets may charge additional fees such as:

Deposit/withdrawal fees: These may vary based on the payment method chosen.
Inactivity fees: Accounts inactive for a certain period may incur charges.
Platform usage fees: Not applicable for standard accounts, but check specifics for advanced features.
Overnight interest (swap rates): Applies to positions held overnight.
Currency conversion fees: May apply when trading in non-base currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Olympic Markets is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Olympic Markets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

20%

2 star

60%

1 star

12%

Alex Johnson

Los Angeles, CA

★ ★ ★ ★ ★

My experience with Olympic Markets has been nothing short of a nightmare. I requested a withdrawal two weeks ago and still haven’t seen my funds. Customer support has been utterly unresponsive, and every time I follow up, I get the same generic response. I feel like I’ve been scammed. Avoid this broker at all costs!

Emily Chen

New York, NY

★ ★ ★ ★ ★

While the platform has some decent educational resources, my experience with their customer service has been frustrating. I faced issues with my deposits not showing up, and it took too long to get a proper response from support. I hope they improve their service because the trading experience could be better.

Michael Smith

Miami, FL

★ ★ ★ ★ ★

I have been trading with Olympic Markets for a few months now, and I’ve had a pretty good experience overall. The MetaTrader 5 platform is user-friendly, and I appreciate the quick execution of trades. I did have a minor issue with my withdrawal, but it was resolved within a few days. Not perfect, but I will continue using them for now.

Sofia Garcia

Toronto, ON

★ ★ ★ ★ ★

Olympic Markets has been fantastic for me! As a beginner, I found their educational content extremely helpful, and their customer support was very responsive when I had questions. The trading platform is smooth, and I’ve had no issues with withdrawals. Highly recommend for new traders!

Malaysia Market