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/10

Odin

United Kingdom United Kingdom | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.odinwd.com/en/

Website

Rating Index

Contact

http://www.odinwd.com/en/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Odin Service Group Limited
Customer Service Email Address
service@odinwd.com
Website
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • odinwd.com
    34.102.136.180
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Profile

Company Profile

Review summary

Note: Odin's official website: http://www.odinwd.com/en/ is currently inaccessible normally.

Odin Information

Based in the UK, Odin Service Group Limited is a dissolved online trading platform with no regulation. The official website of this broker is currently unfunctional and there is very limited information about its business operation.

Is Odin Legit?

Odin operates without any valid supervision from any regulatory authorities. Trading with Odin is of high risk.

No license

Downsides of Odin

  • Lack of Regulation: Odin has not been regulated by any authorities. This means clients do not receive legal protection when trading on this platform.
  • Unavailable Website: Odin's website cannot be opened currently. We can't test their trading conditions and trading platforms.
  • Lack of Transparency: Because of the unavailable website and limited information through the internet about the company, Odin's current operational status and trading conditions are not transparent.
  • Report of Complaints on WikiFX: There are complaints on WikiFX about this platform's withdrawal issue and serious slippage.
  • Company Dissolved: Odin is a dissolved company, meaning Odin has shut down its business. Consequently, Odin can no longer provide trading services.

Negative Odin Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

As of now, there are 3 pieces of Odin exposure in total. I'll introduce 2 of them.

Exposure 1. Can not withdraw

ClassificationUnable to withdraw
Date2021-12-29
Post CountryHong Kong, China

The user said his withdrawal was kept under processing. You may visit: https://www.wikifx.com/en/comments/detail/202112291022889710.html

Exposure 1. Can not withdraw

Exposure 2. Serious Slippage

ClassificationSevere Slipppage
Date2022-01-01
Post CountryHong Kong, China

The user experienced significant slippage while trading Bitcoin. You may visit: https://www.wikifx.com/en/comments/detail/202201013162733519.html

Exposure 2. Serious Slippage

Conclusion

To sum up, we recommend you avoid unreliable brokers like Odin who does not maintain functional website and operate without regulation. Therefore, choosing regulated and reputable alternatives is a wise choice.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is Odin a legit trading platform?

Odin Service Group Limited operates as a high-risk, unregulated entity. It lacks any verifiable licensing from recognized financial authorities, and its declared business scope has been flagged as suspicious, placing client funds and activities outside established investor protection schemes.

In a week
United States

What licenses does Odin hold?

Odin Service Group Limited does not hold any valid regulatory licenses for forex trading from recognized authorities, categorizing its operations as 'No Regulation'.

In a week
United States

Where is Odin registered?

The firm Odin Service Group Limited is registered in the United Kingdom and has been operational for an estimated 5-10 years.

In a week
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

In a week
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

In a week
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

In a week
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

In a week
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What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

In a week
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