Olxton Group has been flagged by British Columbia Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The onboarding at Olxton Group was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Risk management tools|Dividend tracking
Cons: Some tools only available on higher tiers|Currency conversion fee exists
My withdrawal from Olxton Group was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for nearly two years of being strung along.
Pros: Personal attention|Copy trading available
Cons: Slow to add new assets
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Olxton Group is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The hidden fees at Olxton Group are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Good analytical tools|Market news feed|Clear documentation
Cons: No integrated tax optimization|Onboarding videos are outdated
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Olxton Group recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Responsive team|Competitive fees|Low minimum deposit
Cons: Limited cryptocurrency options|Charting tools need more indicators
I lost a significant amount because Olxton Group did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: API access|No hidden fees
Cons: Charting tools need more indicators|Currency conversion fee exists
If you are reading this considering Olxton Group - run. I wish I had read more negative reviews after seeing their ad online. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Clean UI|Tax reports included|No hidden fees
Cons: Help articles are sometimes vague
Several red flags with Olxton Group: (1) They promise unrealistically high returns, (2) They're not registered with British Columbia Securities Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The only good thing about Olxton Group is that they remind you why regulation matters. I found them after seeing their ad online. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Easy withdrawals|Multi-device support
Cons: Slow to add new assets|Account statements could be more detailed
The mobile app from Olxton Group is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Copy trading available|Smooth onboarding|Competitive fees
Cons: Research section could be deeper|Mobile app could be improved