1
Onur is completely dissatisfied with the result

Olive Markets Broken Promises, Unreasonable Conditions, and Manipulative Practices

Olive Markets Broken Promises, Unreasonable Conditions, and Manipulative Practices
Olive Markets Broken Promises, Unreasonable Conditions, and Manipulative Practices
Olive Markets Broken Promises, Unreasonable Conditions, and Manipulative Practices
Olive Markets Broken Promises, Unreasonable Conditions, and Manipulative Practices
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June 16, 2023 3:11 pm
970

Listen up! Don't leave this out. Look at the proof against Olive Markets. This company never does what it says it will do. Don't ever take their bonuses. They say it's free at first, but when you try to cash out your profits, they have a lot of rules. Depending on the bonus rate, they ask for a ridiculous number of lots. For example, to get $3,500, they might ask you to finish 870 lots. Even though they say there are no rules in the chat section, they actually say that the bonus will be taken away and that you can only withdraw your profits on the first withdrawal. If you agree to the lot requirement, you won't be able to cash out until you've made the required amount. If you don't meet the lot requirement, they won't give you your earnings, but you can keep your initial deposit. And let me talk about the swap that wiped out your account. As soon as you start making money, they raise the spreads and swaps and say it's because of how volatile the market is. At first, they made the spreads wider on the currency pairs where I was making money. Then, when I started trading on pairs with lower spreads, they raised the spreads right after I closed my positions. When they realized that wasn't enough, they raised the spreads on all the listed pairs. When you keep positions over to the next day, the swaps go up. Have you ever seen such account-breaking swaps? Check out the screens. Because of the swaps, you can't keep profitable positions for the next day or even a few days. In the "Video" section, you'll find all the information you need, but the swaps you see in the video might seem lower to you. They use these swaps based on the size of the smallest micro-lot. So, a 0.10 lot costs $42 and a lot costs $420. One lot should cost $42. If you keep a position overnight and make $1,000 the next day, they charge you $420 as a swap fee. It makes it impossible for people to keep their jobs. Look at the screen shots to see the swap amount for Brent crude oil. The price for a one-day swap is $1,560, and the price for a three-day swap on the same day is $4,530 for 5 lots. Also, no matter how many times I called and asked them to lower the spreads and swaps, they never did. Their reason was always the market. I looked at other companies, and even though they are volatile, their spreads are still low. In the end, the swaps went up to twice what you see here. Try staying where you are. If you have 10 lots and are losing $1,000, you will make money the next day, but they will charge you $8,000 in swaps for those 10 lots. You have no choice but to close the trade at a loss. This is not a company you can trust.

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