Global Broker Regulatory Inquiry Platform
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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/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.

Two days ago
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'.

Two days ago
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.

Two days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Two days ago
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.

Two days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Two days ago
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.

Two days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Two days ago
United States
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