Olocate
Broker Olocate is registered in Singapore. Company registration address: Level 25, One Raffles Quay, North Tower, Singapore 048583, license number: SG-ID SG9688793043.
The website olocate.com is available in several languages, including Russian. The main page of the Russian version of the site highlights the partnership with the Singapore national football team.
Contact information for clients:
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email [email protected],
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phone numbers +79913944997 (Telegram) and +8616519183490 (WhatsApp),
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feedback form.
Trading and Conditions
The Olocate dealing center offers a wide range of financial instruments, including currency pairs, stocks, commodities, cryptocurrencies, and indices.
Olocate offers six account options with different minimum deposits: Mini (500), Mini + (2000), Standard (10,000), Gold (25,000), VIP (100,000), and Diamond (1,000,000).
Various accounts provide a different number of Smart orders per week.
Access to IPO/ICO varies depending on the account type. The presence of an individual account card also plays an important role.
Platform and Service
Information about the trading platform is absent on the company’s website. Olocate provides opportunities for self-trading as well as managed account services.
Olocate claims that the process of depositing and withdrawing funds is easy and convenient due to a user-friendly personal account, but does not provide specific data on fees and deposit/withdrawal timeframes.
Conclusion
Registration in Singapore and having a local license do not guarantee the reliability of the company. Reviewing feedback from other clients can help understand the reliability of the broker Olocate. Additionally, it is recommended to seek advice from an independent expert before starting cooperation.
Some drawbacks of the company include a high minimum deposit amount, lack of information about the trading platform, fund deposits/withdrawals, and demo accounts.
I have some concerns about the reliability of Olocate as a broker. There seems to be a lack of transparent information provided, leaving me unsure about their credibility. Moreover, there have been some reviews detailing issues with their services, which raises doubts regarding their trustworthiness. Is Olocate really able to deliver as promised?