This Singaporian company offers potential customers to “reach new heights together.” The administration talks about advanced technologies and unrivaled service. In addition, the intermediary claims it has been operating since 2003 and has an impeccable reputation in the global markets. However, the firm does not provide any documentary evidence about its history, regulation, and registration.
Can you trade profitably on this platform? You will find out from our Ollyn Investment PTE LTD review, where we will reveal the secrets of the broker.
How to Trade
The founders have introduced 4 types of accounts, which differ in the size of the deposit. The minimum amount is 100 GBP. The set of services includes the following features:
- CFDs on more than 500 assets.
- Account insurance.
- Leverage up to 1:200.
- PAMM account, arbitrage.
Funds are deposited/withdrawn via Bitcoin, bank cards and SEPA. The withdrawal fees, commissions, and processing time are not specified on the website.
Additional services include education and consultations. However, the qualifications and experience of the anonymous team are unknown. In addition, there is a News section where the first publications are dated August 29, 2024.
Ollyn Investment PTE LTD Vital Info
The founding date of the project is 2003, as stated by the company in the About Us section of the website. So, why is there no information and reviews about it online until 2024? How long has the platform actually been running? A check of the domain showed that it was registered only in August 2024. Thus, the firm has only been providing services for a few weeks at the time of our review. This speaks eloquently about its reliability.
We easily verified the company’s registration in Singapore. Ollyn Investment PTE LTD does exist in the ACRA registry. Its serial number is 200312835H. However, this organization is registered in April 2021 and its capital is $1. In addition, this firm has nothing to do with the site of the hero of our review, nor with brokerage activities. It is engaged in financial advice to clients on mortgage loans, and has never received a license for brokerage activities.
Everything turned out much better with this intermediary than I expected when registering for an account. The staff offered to help me via email, but I declined, and there were no annoying calls from a personal manager. However, I think about newbies being better off accepting help, but I'm not a newbie. I have made so far the only request for a 100 USDT profit payout, which the operators processed faster than 24 hours.I really hope and believe that such a good attitude to customers here will continue.
If you think you will open an account here and make millions, I have bad news for you. You will not earn anything with this broker. I already had an experience trading with these scammers in March 2024. However, back then they called their firm “Global Prime Treasury pte ltd”. I believed in their innovative technology as Singapore is an advanced country. Meanwhile, these crooks just helped me drain 300 dollars in 3 days and asked me to deposit more. Now I am smarter and have learned how to expose scams. I learned that such companies work solely to accept money. This next fake project has no license or legal registration. In other words, it is not a broker, but a scam. The brand that these crooks use belongs to another organization. If they embezzle your money, you will have nowhere to report, because no regulator will be able to help you. Save your nerves and don't get involved in any scam.
I've only been getting into the forex topic for 2 months, and only recently I've started to get active - choosing a broker platform to start real trading. I was looking for a reliable platform to practice and learn how to trade. The first broker I chose turned out to be a scam :( Ollyn Investment PTE LTD is my first scam ever. I invested over £2,000 and do you think I earned anything? No, nothing!!! Instead, I realized I was in a scam that refuses to not only withdraw my own money, but also refuses to contact me. I hope my review will help at least one person save money. If you want to invest in Ollyn Investment, forget it! You will be giving your funds to scammers!!!
I believed these scammers and invested 1,700 dollars. I made about 320 dollars with the help of an analyst, but the scammers did not let me withdraw a dime :( and blocked my account for unknown reasons...
I'm certainly not a super-experienced trader who sees through fraudulent firms, but even I realize that Ollyn investment pte ltd doesn't look like a safe place where you can safely trade Forex/CFD and not worry about the safety of your deposit. First of all, I don't see any legal documents confirming official registration in Singapore. The lack of registration documents looks super negative. How will they prove that they exist and operate legally!!!? They don't. Because they actually operate as a regular scam site where they offer fake brokerage services to inexperienced traders. Secondly, the broker doesn't say anything about the license on the official website. How could it be?! There is a controlling body in Singapore, and all brokerage firms are required to obtain a license, but there is none. Also, a company with the same name that you can find in the Singapore registry is hardly related to this pseudo broker. Third, the tenure of Ollyn investment pte ltd remains unknown, although the company has supposedly been operating for more than 20 years, but there are almost no comments online. The bulk of the mentions of this scam project are either debunking or praising reviews. This tells us that ollyninvestment.com is a new fraudulent broker that experts have noticed, and most likely, it pays the authors for most of the positive reviews or team members who write them. This is evidenced by the young domain. I see immediately such a scam, it is a template fraudulent resource, where money is accepted either on crypto or on fake accounts. So the chance for a refund is absent here.
I quickly looked through the offers for this project and did not find anything interesting for me. The minimum deposit of 100 GBP seems small, but in fact it is atypical for normal licensed brokers. Usually it is not more than 10 dollars. There are cent accounts at decent brokers, where you can deposit even 1 GBP and trade. Demo account is also absent here. Terms and conditions, except for leverage, are not described at ollyninvestment.com. Leverage is not specified in all accounts. There are additional services that are unclear. What is ROI? This looks like an offer from a typical HYIP. What is the firm going to earn this interest on? Shouldn't it place traders' money on segregated accounts? Where are the details? Or are these bonuses that you will get from the affiliate program? In short, I have a lot of questions about the trading conditions, and if there are questions, it is clear that there are lousy conditions. You definitely won't be able to trade profitably on this dubious site.