Global Broker governance & inquiry App



Olive Financial Markets

Australia|2-5 years|
Regulated in Australia|Suspicious Regulatory License|Suspicious Scope of Business|Australia Market Making(MM) Revoked|High potential risk|


Rating Index


+61 1300 941 852
Olive Financial Markets Level 6, 50 Appel Street, Surfers Paradise QLD 4217, Australia


VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2023-09-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 390906) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Users who viewed Olive Financial Markets also viewed..


10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
Official website


10-15 years | Regulated in Cyprus | Market Making(MM) |
Official website


10-15 years | Regulated in Cyprus | Market Making(MM) | MT4/5 full license
Official website

DBG Markets

5-10 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
Official website

Olive Financial Markets · Company Summary

General Information

Olive Financial Markets Pty Ltd (ABN 46 145 551 739; AFSL 390906) (“OliveFX”) is regulated by the Australian Securities and Investments Commission (ASIC), authorized to issue over-the-counter products, contracts and derivatives and provide Managed Discretionary Account Services, and holds the registered business name OliveFX. Olive's business is designed to develop trading and investment capability in a broad spectrum of securities and derivatives including equities, options, contracts for difference, futures and margin FX.

Regulation & Risk

OliveFX is regulated by the ASIC. The authority however announced in March 2020 that it had canceled the broker‘s AFS license. OliveFX has appealed the cancellation and asked the Administrative Appeals Tribunal (AAT) for a review and stay of ASIC’s decision to cancel the license. Consequently, the AAT granted a stay of ASIC‘s decision in April 2020 and is currently reviewing the Australian regulator’s decision. Until a verdict has been reached, the company can‘t accept any new clients and must alert its current clients of ASIC’s decision to cancel its AFS license.They may still provide financial services to their existing customers until the review is determined.

Market Instruments

OliveFX offers trading instruments for Forex, Spot Metals, Share Contracts for Difference (CFDs) issues and CFDs on Commodity Futures, CFDs on ETFs and Indices. Currencies are traded in pairs which fall under three category types: Majors, Minors and Exotics. There are over 70 currency pairs to trade.

Accounts & Leverage

OliveFX is offering six different accounts for any investor willing to sign up. These account types include Corporate, Personal, SMSF, Trust, Joint, and Client appropriateness Assessment. OliveFX only offers a Standard account. The minimum deposit when registering an account is 200 USD. Leverage up to 1:500 is offered on this account.

Spreads & Commissions

In term of forex spreads offered, OliveFX claims that spreads start from 0.8 pips without a trading commission on its standard account.

Swap Points & Trading Hours

Swap points are determined based on the interest rate differential between the countries involved in the currency pair. If the traders hold a position overnight (past 17:00 EST), there will be a Swap adjustment. And the trading services at OliveFX are available 24 hours a day, 5 days a week.

Trading Platform Available

OliveFX supports MetaTrader 4, MT4 Mobile and Web trading platforms. MT4 also features an excellent pack of advanced charting tools, as well as nearly 100 easily customizable market indicators and trading robots, called Expert Advisors, with the help of which one can easily run algorithmic trading sessions. In the case of Muslim customers, special Islamic accounts, that is swap-free accounts, are offered that mirror the other account types, but which operate in accordance with Shariah law.

Deposit & Withdrawal

OliveFX supports traders fund their accounts and post margin by using payment methods like direct transfer, debit or credit cards, or PayPal. The broker also mentions the possibility to use other payment methods, but traders should ask for that personally.

Broker Information

Company Name

Olive Financial Markets Pty Ltd.

Company Abbreviation

Olive Financial Markets

Regulatory Status

No Regulation

Platform registered country and region


Phone of the company
  • +61 1300 941 852









Company address
  • Olive Financial Markets Level 6, 50 Appel Street, Surfers Paradise QLD 4217, Australia









Customer Service Email Address


Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment



Write a review

俊杰 
more than one year
Excellent trading service. It is a wise choice to trade with Olive Financial Markets. Services are all good and trading results are favourable. I am pleased with all of their services, especially their customer support service. They do not delay in responding to my questions and always help me with ease and solve problems in a few minutes.
2023-03-21 17:03
more than one year
Olive Financial Markets is my main broker of choice. They offer excellent spreads and always respond to me promptly. They also make deposits and withdrawals super easy. I have been with them for several years now and they have always treated me well. Thank you for the excellent service!
2023-02-15 17:06
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information