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Read our expert analysis of Olsson Capital, including its background, regulation, trading conditions, and reports of scam activities from real traders.
Olsson Capital looked like a normal trading platform. It has a slick website, big promises, and plenty of talk about easy profits.
But once traders started using it, the cracks showed fast. From blocked withdrawals to false promises of guaranteed returns, Olsson Capital quickly gained a reputation as a scam.
To make things worse, regulators stepped in and confirmed what traders already suspected. Olsson Capital wasn’t licensed to operate and was running more like a scam than a real broker.
Olsson Capital started in 2017, calling itself a forex, CFD, and cryptocurrency broker. On the surface, it looked professional. But things didn’t add up once traders got involved.
The UK’s Financial Conduct Authority (FCA) investigated and quickly found problems. Olsson Capital was offering financial services without a license.
The company listed a UK phone number and claimed to have an office in Bulgaria at “Carter Enterprises OU, 85 James Bouchier Blvd., Sofia.” Still, none of these details could be properly verified.
It's promised things like forex trading, CFDs, and crypto investments. But in reality, traders complained about being pressured to deposit more money, hidden fees, and not being able to withdraw their funds.
The FCA’s warning made it clear that Olsson Capital was part of a clone firm designed to trick UK consumers and rob their money.
However, by then, the damage had already been done for many traders, and the firm became yet another name on the regulator’s growing blacklist of fraudulent brokers.
Olsson Capital was never dragged into a big public courtroom trial. But plenty of complaints and regulatory actions have stacked up against it. The companies linked to it.
| Date | Event / Action | Details |
|---|---|---|
| March 2018 | FCA Warning | The UK’s Financial Conduct Authority (FCA) listed it as an unauthorised broker, warning traders to stay away. |
| 2018–2020 | Victim Complaints | Multiple traders filed complaints with their services. One victim lost over £225,000; the bank was ordered to refund due to a lack of fraud alerts. |
| Nov 2019 | Complaint Filed | A formal complaint was made against Truevo Payments Ltd, a payment processor tied to Olsson Capital. The victim alleged a generated signature and lost savings. |
| Nov 2021 | Malta Hearing | The complaint against Truevo was heard by the Arbiter for Financial Services in Malta, linking this broker to fraudulent activity. |
It didn't catch legal teams' eyes just overnight. First, traders have to pay a fee to get banned. Here is what traders have to go through.
Judith Long wrote back in 2020:
"Olsson Capital is an absolutely fraudulent option trading house. They have no regulations & are a full-blown scam house that operate on hoaxes and fake promises. The likes of Michelle attended to me..."
According to her, the company is completely unregulated and relies on fake promises to lure people in.
Edvin Olofsson shared his frustration in 2019:
"Scum bags! They blocked me out of my account and would not respond to any of my communications. I'm happy to share my experience of getting my refund. feel free to write to me on edvinolofsson8..."
Clearly, getting support is a major headache.
Daniella posted in 2022:
"Bad bad bad !!!! I can not reset my Account and my money is gone ???? desmond christy 256 via. Mail"
She couldn’t even reset her account, and her funds disappeared into thin air.
Andrew Rawlings wrote in 2019:
"Mafia based company who are completely anonymous, can not be traced. All registered addresses are fake & the London telephone numbers are just transfer numbers. This company will rob you for sure..."
The company’s anonymity and fake addresses make it almost impossible to track them down.
One anonymous user shared a lengthy warning from seven years ago:
‘One user shared how they invested £300 with Olsson Capital, only to wake up the next day and see an extra £1,750 taken from their account without permission. They were even sent documents to sign about these withdrawals, which their bank warned them not to. Unauthorized charges and confusing paperwork like this seem to be a recurring issue with the company.’
From fake promises to lost funds and blocked accounts. These firsthand comments reveal a consistent pattern: Olsson Capital has been associated with scams, poor communication, and questionable operations.
If you’re considering investing here, it’s worth taking a long pause and double-checking everything before handing over your money.
