OliveFX Journal

Journal status: live
OliveFX joined in | not yet
OliveFX Profile
Year
2018
Country
Australia
Branches
1
Regulation
ASIC Australia
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х US
Broker type
MM, ECN marketing
Dealing book
A+B hybrid book
Tier
3
Execution speed
0 ms
LPs total
0
LPs quality
none
LPs names
none

OliveFX Accounts
MM
Minimum Deposit
1 $
Leverage
500 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.8 pips
Commission
0 $/lotRT
Volume
...
Margin Call
...
Stop Out
...
Execution
Market
Spread
floating
Scalping
yes
Update broker

Is OliveFX safe?

  • Investor protection: no
  • Regulation: ASIC Australia
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is OliveFX trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • OliveFX website: semi-detailed, updated ★★★
  • OliveFX popularity (by visitor count): low visits ★★

How OliveFX works

In respect of all of the Products, you and OFM will enter into any Contracts as principals. Accordingly, we will be the counterparty to all of your trades.

Whether you receive a Swap Benefit will depend on prevailing interest rates in the Interbank Market as adjusted for OFM’s margin requirement with and the interest rate charged by OFM’s hedging counterparty.

OFM may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount OFM owes you in any other Account, without notice. OFM may choose, in its absolute discretion, which Contracts to apply to offset the debt.

https://olivefx.com/Contents/docs/ClientAgreement.pdf

True ECN liquidity and spreads.

https://olivefx.com/

Add new comment