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Published on November 10th, 2017 | by John Kane

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Broker Review: Olsson Capital

Broker Review: Olsson Capital John Kane

Summary: It looks good at first glance, but many of the aspects they advertise aren't very impressive. They need to upgrade their market tools, and their education section greatly.

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Today I’m continuing to analyze binary options brokers that are looking to provide traders with a new platform, Olsson Capital. This broker advertises its services as “CFD and Crypto currency trading that is easy, powerful and profitable.” The vendors constantly pursed the concepts of easy, reliable and supportive throughout the website because they want traders to feel at ease with their services, and open an account.

The broker, which opened its doors in 2017 is owned and operated by Carter Enterprises OU, which is located at: Roosikrantsi tn 2-K326, Keslinna city district, Tallinn, Harju county, 10119, Estonia. Traders can get in touch with the support team by emailing compliance@olssoncapital.com, or calling +359 2 437 4364 from Bulgaria, or +44 203 936 2524 from the UK.

Olsson Capital Review

The people behind Olsson Capital tell us that they understand the trading is a serious activity, but they have done everything in their power to make it “incredibly easy to learn and use.” They boast about their educational content, which includes traders TV, a free e-book, the glossary and a frequently asked questions section. The traders TV section comes across as an incomplete resource. In this section, there is a total of 12 videos, and if you add them all up, it comes to about 30 minutes of viewing. If they truly want to help traders get a better understanding of how to trade, they should be providing much more than just 30 minutes.

The e-books are a little more complete, but I have to say that I was expecting a lot more from the Olsson trading Academy.

Details

  • Type: CFD Broker
  • Established: 2017
  • Location: Estonia
  • Regulation: None

Seeing as this is a new broker, there is still very little in terms of client feedback. I’m hoping that this review will give traders the opportunity to share their thoughts and experiences. Under the article, please tell us about the withdrawal process, or anything else you would like to share.

Trading Tools

Olsson Capital believes the traders should use their platform because they have some of the sharpest trading tools in the box. They tell us that they have a top-of-the-line economic calendar, daily market news the video and blog reports, as well as a social trading function. While the economic calendar and market news pages work, the social trading link just takes us to the front page of the website again. It’s possible that this function is not available yet, but if that’s the case they should be telling us so.

The economic calendar is average at best. Personally, if I’m using a calendar like this I would rather go to Forex factory. As for the market analysis, this is underwhelming as well. This section is quite barren, with very few updates, many skipped days and the updates themselves aren’t as helpful as I would like.

Conclusion

While I still have interest in the Olsson Capital brokerage, I do find myself somewhat unhappy with what this broker is putting forward to the community. There are quite a few promises on the front page of the website that tell us they have top-of-the-line market analysis, trading tools and education. Yet, when I look at each one of these sections, they do not live up to the hype. That doesn’t mean that the platform is slow, or the withdrawals don’t come so I’m not going to totally condemn the broker, but there isn’t anything that’s compelling me to sign up.

If you have anything you would like to add, please comment and tell us what you think about the job we’re doing here at Binary Today.

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

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20 Responses to Broker Review: Olsson Capital

  1. Lucian says:

    THIEVES THIEVES THIEVES! DO NOT INVEST

    Before assigning a young guy called Adam to advise on the trades and what to do, I asked him why isnt your company licensed? He answered me “You know these are marketing strategies our competitors do to diminish our role.” I, being on a director level of marketing and in the marketing field for 16 years found this answer bullshit and crap, It did not make any marketing sense to me. But I still invested and you can blame me for that.

    The young guy kept calling and emailing me literally 3 or 4 times a day since there was a “hot deal with guaranteed profits on the same night”. Earn $3000 or $4000 in 4 hours. Who wouldn’t do it ha?

    Initially I decided to take baby steps with this “Senior Analyst” who apparently is not senior not even an analyst. When this guy kept calling me asking me to invest with a guaranteed profit of 25 to 50% and it is a protected investment, I thought why not. I explicitly asked Adam, “if the trade loses, will I still get the money in my account and withdraw them any time. He said “YES OF COURSE!” I invested, specifically in Netflix that was on the rise. I asked him, “it is on the rise, why are we investing now?” He said “We have reports that show that the rise will keep going.” I wonder where these reports came from: just the next day the trade was all lost…

    From that moment, I talked to Adam he said all is fine. Money will be in my account again tomorrow. Money was there, but I cannot withdraw them. So the protection and withdrawal are two totally different things. I sent an email to this young non senior non analyst Adam that I am paying interest for the bank and want my money back. I called him, I called the call center, I sent him emails, I sent a request on the online chat… All of these attempts were done more than 10 times in 1 week with no answer. I copied the compliance, and the sales girl “Charlie” to see where this young non senior non analyst is, with no answer. Eventually, a guy called me and informed me that Adam, the casper, asked him to call me to sort my case because my account is negative.

    I am taking this legally. I did not work all of my life to secure Adam’s or anyone’s job.

    Bottom line, DO NOT INVEST WITH OLSSON WHATEVER THE TEMPTATIONS ARE!!!! DO NOT!!

  2. Mark says:

    Yeah, I’ve notice some initial backlash to the company – but there seems to be more and more positive reviews now? I’ve not had any problems with them, so they’ve either sorted themselves out, or the bots have stopped commenting negative stuff.

    Also I read they are in the process of getting licensed 🙂

  3. Gemma Peters says:

    I’ve had no problems with Olsson Capital and I’ve been able to withdraw my money when I wanted!
    I expected more from their educational materials though, but I did my research elsewhere before trading.

  4. Jack C says:

    I can’t see how this site is a scam??? I’ve deposited and withdrawn money a couple of times with no issues. They are quite rubbish at responding to emails yeah, but they have a phone number to contact as well. They need to see your card for anti-fraud measures, this is standard practice in the industry. If you read the KYC page it tells you to cover your card digits so there is literally no way they can take more money from you without your permission.

  5. june burgwyn says:

    i made a deposit to olsson caoital they took the money from my bank i paid with my Debit card and havn’t had any more contact from them the amount was £200 a foreign man phoned me and asked for £500 he said it was for softwear i didn’t have anymore money in my account and the bank blocked my card the man phoned me fromcapital 365 i dont know if they are a different commpany but i dont know what to do any help would be apprecited thankyou

  6. Dean says:

    Tried to make a withdrawal and they are asking for copies of my credit card (front and back), utility bill, and passport. Have contacted my bank’s fraud team who have blocked my card and temporarily “hidden” it as a precaution. They are concerned that I have been asked for a copy of the card as this is not usual.

  7. Cindy Smith says:

    well i made a withdrawal and my funds was paid into my Visa cars in 72 hours

    • John Kane says:

      This comment from Cindy Smith, and the other comment from Richard are coming from the same IP Address. This means that someone is trying to slide in positive comments from different alias’. Please very careful with Olsson Capital, considering this new information.

  8. Peter says:

    I have the same experience as Rune Nilsen. I first invested EU500 and the trader showed me how to trade and made EU300 profit and then he conned me into investing more money which unfortunately I did. I now have a total of EU12500 invested in Olsson Capital made so called profits what they call bonuses and when I requested to have my investment EU12500 paid back they said I signed a bonus document where I must trade 30 times or something like that. I feel sick because I think I am going to lose my £10000. Any suggestion would be appreciated to get my money back, I don’t want the profits just my investment?

  9. Rune Nilsen says:

    Same experience as Eva Schultz. They dont answering e-mails, and stop/block withdrawels, with the explination that bonus deal aint fullfilled, which i never have agreed to, confirmed, signed. Fraud it is. I will contact “Action Fraud” and send a report to the UK Police, as my contact in the company name himself as Robert Stiller, probably false. The site have lots of problems, and are not easy, as they tell. All rubbish!!

  10. Eva Schultz says:

    I did send 400€ to this Olsson Capital.com before I was told that this is scam. I really want my 400€ back, but I don´t know how. and it wonders me, that they now won´t answer my emails. I am very sad about this, cause I unsed my saving for it. Can you tell me what to do in this case?

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