Choosing a brokerage partner plays a crucial role. In this case, it’s important to first research the firm you plan to work with, to avoid falling for an outright scam. There are almost no Ollyn Investment PTE LTD reviews, which already raises doubts about the reliability and reputation of the platform. What negative factors does the company have, and why is it better not to even register an account here?
Brief Overview
- 🖥Official Website: https://ollyninvestment.com/
- ✈️Contact Address: 10 Collyer Quay Singapore 049315
- 📞Customer Support: [email protected], [email protected], 6531596915
- 🔐Licensing and Accreditation: No
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: €100, 1:200
- 💰Additional Services: webinars, copy trading, analysis, education
Ollyninvestment.com Examination
Upon visiting the official website, you’ll immediately notice a motivational cliché phrase and skyscrapers — a typical approach used by any pseudo-broker. At first glance, Ollyn Investment PTE LTD presents a generic and templated website. And this impression persists throughout your exploration of the site. There’s a minimum of useful and necessary information, and a maximum of pseudo-advantages and empty phrases.
The interface is available in two languages: English and Russian. So, it’s easy to guess that the broker is targeting a scam on Russian-speaking traders, not just English-speaking ones. The company partially disclosed conditions and some facts about itself, but it’s not enough to call it open and transparent. Overall, nothing interesting or serious — just an ordinary website like most illegal brokers.
Company Contacts
The contact information provided on Ollyn Investment PTE LTD’s website is meaningless. They are fake anyway. There’s no point in writing to either of the two email addresses provided because they don’t exist. The phone number is probably fake as well. You can only try leaving a message through the special feedback form. There are no online chat or social media profiles. The company hasn’t left any way for clients to initiate contact with its managers first.
Key Conditions
The trading conditions are not particularly advantageous. Yes, the company requires a €100 minimum deposit, which isn’t that large of an amount. However, it’s still more than what most well-known top brokers ask for. Ollyn Investment PTE LTD could have at least offered a cent account for those who aren’t ready to risk €100 but want to try with €5–10. Additionally, the lack of a demo account is a clear downside. How are people supposed to practice without risk? They can’t. The broker doesn’t care about that.
Spreads are promised to start at 0 pips, but what they actually are remains unknown. There’s no information about commissions. When you sum up these facts, it’s not hard to guess how the platform operates. If the spreads are zero and the commissions are hidden, how does the company make money? It clearly has an interest in clients losing money. Ollyn Investment PTE LTD is a dealing desk that will do everything in its power to prevent traders from succeeding.
The leverage of 1:200 is very high. The account plans also don’t look very appealing. For example, the second account type requires a minimum deposit of €7,500. The difference between the first and second account is x75. That’s just crazy.
Exposing Ollyn Investment PTE LTD
In addition to fake contact details and unfavorable trading conditions, the firm has more serious red flags. Its operating history, lack of a license, lies, and missing documentation all characterize this broker as fraudulent. Let’s dive into the details.
Was the broker really founded in 2003? This is mentioned in the “about us” section. On the homepage, a more realistic founding date of 2016 is listed. In the footer of the official website, it says 2008-2024. It’s unclear which dates to trust. The only thing you should trust are objective facts, such as the domain registration date, which shows when the platform was actually launched. If you check ollyninvestment.com through a specialized service, you’ll find that it was created in August 2024. So, all the other dates are just a pitiful attempt to fabricate their history and present themselves as an established brokerage with experience.
According to the company’s narrative, it is legally based in Singapore. Is that really the case? Why, then, is there no license from Singapore’s MAS? Probably because this broker doesn’t actually exist in Singapore. More specifically, Ollyn Investment PTE LTD does exist in Singapore, but it’s a completely different organization, with no connection to ollyninvestment.com. The legitimate Ollyn Investment PTE LTD was indeed registered in 2003. However, the scammers created their fake platform with the same name in August 2024.
What we’re dealing with here is a type of fraud where scammers hide behind someone else’s name and brand. They do this to create the illusion of legal and official operations. That’s why it’s so important to verify every piece of information.
Lastly, it’s important to note that Ollyn Investment PTE LTD doesn’t provide any legal or registration documents. The names of the founders and directors were not disclosed — they remained anonymous. The business model is 100% B-Book, which means there is a clear conflict of interest.
What Reviews Do Users Leave?
There are almost no reviews. And that’s not surprising. Ollyn Investment PTE LTD is a very young company without any guarantees or decent conditions. Although you may come across some positive articles and reviews, they are written by those who had a hand in creating this site. So, these materials shouldn’t be taken seriously — they are definitely fake. Genuine reviews are likely to be negative because traders are probably not allowed to withdraw their funds.
Conclusions
Another fraudulent company has been exposed. The scammers used someone else’s name and brand to pretend to be a legitimate broker, but they failed. Ollyn Investment PTE LTD is not suitable for serious trading, so you shouldn’t invest your money here. Otherwise, you’ll lose it easily since withdrawals don’t work. The number of fraudulent signs is off the charts.
Pros/Cons
- Low starting deposit.
- They use the name of another company.
- Fake contacts and a false address in Singapore.
- No license.
- Short time in operation.
I almost fell for the scam! The fraudsters at ollyn investment pte ltd did everything in such a way that their fake brokerage scheme was indistinguishable from a legitimate and real broker. I was ready to transfer money to them, but I stopped just in time. It seems like God saved me. Something clicked in my head. I decided to double-check everything, and that’s when I discovered the website was created recently, and they don’t have any licenses. I started asking the manager, who had been persuading me to deposit, about this. He immediately hung up. Clearly, the scammer realized that I had figured out their scheme and didn’t want to waste any more time on me. So, be careful!
SCAMMERS! They stole my money, can you imagine? I can’t even submit a withdrawal request for my deposit. I don’t know what the problem is. They won’t respond to me. I’ve written to them several times, but they never replied. I’ve been scammed. This is a fake and a fraud.
Im working with a broker already for five years. I like everything. I’m withdrawing money every month.