High Risk
Reported as a scam / unregulated
SF-703421registry entry
Why Olive Markets is on the register
Olive Markets claims to be a well-known broker in Turkey under regulation of Global Financial Services Authority (GLOFSA). However, GLOFSA is not a regulatory authoritiy issue licenses for forex trading or regulate entities that offer forex services. Meanwhile, we searched Capital Markets Board of Turkey (CMB) and didn’t find any regulatory information of this broker. That means Olive Markets is not regulated by any regulators. Letting this broker hold or control investors’ money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.