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OloFX Broker: CLOSED

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OloFX Forex Broker
  • Website: www.olofx.com
  • Founded: 2013
  • Company: OloFX Limited
  • Headquarters: Belize
  • Regulation: IFSC Belize (license number IFSC/60/260/TS/13)
  • Note: OloFx is a brand name owned by BELFX LIMITED (company registration #130266)

International offices –
Broker Type STP
Broker Status Independent Broker
Accept U.S Clients No
Live Chat Yes
Phone +44(20) 3290 0988
Fax –
Email [email protected]
Website Languages English, French, Russian, Slovakian, Spanish, Romanian, Hindi, Urdu, Arabic

 

Account Information

Free Demo Account Yes
Min. Deposit $100
ECN account No
Account Based Currencies USD, EUR
IRAs account No
Trust account No
Maximum Leverage 500:1
Minimal Order Volume 0.01
Segregated accounts Yes
Swap-free Accounts Yes
MAM/PAMM accounts No
Managed account No
Interest on margin No
Deposit/ Withdrawal Options Paypal • WebMoney • Skrill (Moneybookers) • Bank Wire • Visa/ Mastercard • prepaid MasterCard • cashU • China UnionPay • Yandex and 20+ alternative

 

Trading Terms

Trading Platforms
  • MetaTrader 4
  • Currenex
Precision pricing 5 digits
Type of Spread Floating
Commission Yes
Lowest spread on EURUSD 1.5
Scalping Yes
Hedging Yes
Expert Advisors Yes
One-click execution Yes
OCO orders Yes
Mobile Trading Yes
Web Trading No
Gold, Silver Yes
CFDs Yes
Other Trading Instruments Indices • Futures • Commodities • Shares
Promotion Yes
Trading Contests Yes

Reader Interactions

Comments

  1. jimmy sergill says

    August 6, 2014 at 6:33 pm

    Olofx is a scam broker , they are hearing allot of free lancer people and they use them for few month and fire them even without paying , i was working for them also and they didnt pay me for 4 month , they are saying that they are from newzeland but they are laying to their trader they are from cyprus , they are in limmassol cyprus , they are money maker not stp , so befor u open ur account with them you can take my advise 00917837449768

    Reply
  2. Martin says

    June 26, 2014 at 4:23 pm

    I also noticed this broker with doubts as you mention since its a newcomer.

    I registered an account and was asked if i wanted a 100% full bonus when i deposit. I ignored the bonus since it wasnt for withdraw. but i deposited $100 just to test the execution, which seemed fairly okay. I made some lots after few days and then requested to withdraw asap through their website. there was some delay (seems the support doesnt work on weekends). monday morning a kind lady called me to inform that they sent the funds which i also confirmed.

    Execution: fine but not the best
    Support: very helpful
    Transactions: secure

    Reply
  3. Armando says

    February 20, 2014 at 6:24 am

    Can anyone tell me if this broker is a serious one or is a scam ? Did anyone registered and deposited fund with them ? Did somebody withdraw their money with success ?
    I didn’t find a review on internet about them , so please , help me to make a decision . Thanks a lot .

    Reply

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