Olive Markets
We checked Olive Markets against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Olive Markets claims to be a well-known broker in Turkey under regulation of Global Financial Services Authority (GLOFSA). However, GLOFSA is not a regulatory authoritiy issue licenses for forex trading or regulate entities that offer forex services. Meanwhile, we searched Capital Markets Board of Turkey (CMB) and didn't find any regulatory information of this broker. That means Olive Markets is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Olive Markets.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.