Broker Review

Unauthorised Firm Details
Name: Orbitolympus.com
Website: orbitolympus.com

Platform Overview

Orbit Olympus presents itself as a platform offering online financial/trading services. According to multiple review sites, the website claims to offer trading in cryptocurrency, CFDs, stocks/ETFs and other assets. On the website, the listed address is “16 King William St, London, EC4N 7BP, United Kingdom”.

Key Warning Signs

Here are several red flags that multiple independent reviewers have pointed out:

• No valid regulatory licence — Orbit Olympus is not authorised by any recognised financial regulator (such as the Financial Conduct Authority (FCA) in the UK, Australian Securities and Investments Commission (ASIC), etc.).

• Very recent domain registration — The domain was registered around June 2024.

• Contradictory and misleading information — For example, the site claims many years’ experience and many clients, yet the domain and apparent operations are very new.

• Unclear or false address/contacts — The listed London address appears questionable; the contact phone number and other details do not seem robust.

• Positive reviews appear scarce or skewed — Some review platforms show very few reviews (or reviews that seem overly positive) and other platforms show many negative complaints. For instance, one reviews-site shows only 2.0/5 rating for Orbit Olympus with 139 reviews.

What Users Report

• Some users report difficulties withdrawing funds, or that funds are locked up, or that promises of high returns are not fulfilled.

• Some reviews say the platform tried to encourage more deposits and referred to “managed account agreements” that took control away from the user.

• On the other hand, there are a small number of positive reviews (or at least claims of positive experience) on platforms like Trustpilot for Orbit Olympus.

My Conclusion

While nothing is proven beyond doubt, the balance of evidence strongly suggests that Orbit Olympus is very high risk, and may well be a scam or at least a non-transparent, unregulated broker. Not recommended and entrusting significant funds to this platform.