Odyssey Investment Group Review: A Captivating Journey or SCAM?

Welcome, fellow traders, to an expose that will shed light on a name that has captured the imagination of many in the investment world – Odyssey Investment Group. With its alluring title, this broker seemed to promise a captivating journey, but little did we know that beneath the surface lies a web of deception. Today, we embark on a quest to unmask the truth behind this alleged scam and bring you the honest review that you deserve.

Odyssey Investment Group General Information

Registration and Client Portal Review

Step aboard the enchanting voyage of Odyssey Investment Group, where the allure of a beautifully designed website beckons traders to embark on a journey. Like majestic sailboats adorning the horizon, their official site mesmerizes with picturesque imagery and intriguing quotes. All right, we are just kidding. Yet, beneath this captivating facade, a disconcerting truth emerges. Beyond the captivating visuals and fanciful quotes, there is a distinct lack of noteworthy substance. A brief account description section and legal information in the footer are all that remains.

Naturally, our first course of action was to register. And guess what? The registration button was conspicuously absent. Why, you may wonder, would they omit such a crucial element? We can only surmise. Perhaps the broker’s official website is still a work in progress. Alternatively, the registration process may be exclusive and require a persistent effort to become a participant in this enigmatic project. You might need to reach out to the elusive managers, hoping they will reveal the magical sequence of actions that unlocks the portal. Alas, despite our attempts, we failed to gain access to the coveted Client Portal.

Odyssey Investment Group Trading Conditions

While the broker managed to pique our curiosity, it appeared that Odyssey Investment Group’s registration process might be intentionally challenging due to their exceptional trading conditions. We were intrigued by the possibility of exclusive offerings, as gaining access to the platform seemed far from straightforward.

Account Types Review

However, a cursory examination of the account descriptions left us with the impression that Odyssey Investment Group is just an ordinary CFD broker. It offers a modest selection of three account types, differentiated primarily by leverage and minimum deposit requirements. Additionally, higher-tier accounts provide more options for depositing funds.

The Mini plan, targeted at beginners and those with meager deposits of $1,000 or more, grants access to a limited range of 50+ major currency pairs and a few select assets. As a token gesture, they threw in a personal account manager, presumably to make up for the lackluster trading opportunities.

Moving up the ladder, we encounter the Green plan, supposedly reserved for the more seasoned traders, who are willing to part with a minimum of $5,000. In return, they generously grant a slightly increased leverage of up to 1:50. How magnanimous!

Lastly, we have the Premium plan, designed exclusively for those who possess a substantial minimum deposit of $25,000. This plan claims to cater to “professional” traders, enticing them with the opportunity to utilize the leverage of up to 1:500. It’s almost as if they believe that throwing around big numbers somehow justifies their lackluster offerings.

Trading Platform

As we have mentioned before, Odyssey Investment Group seems to have an inflated sense of self-importance, considering their trading platform to be exceptional. However, once again, their official website conveniently omits any information regarding the specifics of this software. There is no mention of the platform’s developer, whether it offers a mobile or desktop application, or even what features are available within the trading terminal. It’s as if they expect potential clients to blindly trust in their supposed excellence without providing any substantial details.

To make matters worse, Odyssey Investment Group fails to provide a fundamental and essential feature that is standard among reputable brokers — a demo account. It is perplexing why they would overlook such a crucial aspect. Perhaps they fear that allowing potential traders to test their platform’s functionality and explore its capabilities might reveal its inadequacies and limitations.

Odyssey Investment Group — Deposit and Withdrawal of Funds

Odyssey Investment Group provides various secure options for depositing and withdrawing funds. Accepted payment methods include debit/credit cards, as well as traditional bank transfers. Additionally, for those concerned about financial privacy, the broker accommodates transfers using cryptocurrency wallets.

Verification

While the specifics of the Client Portal at Odyssey Investment Group remain unknown to us, it can be reasonably assumed that the broker likely implements a verification process. Although the exact details of Odyssey Investment Group’s verification process are not available, it typically involves submitting relevant identification documents, such as a government-issued ID or proof of address, to verify the client’s identity and comply with regulatory requirements.

Additional Options

On the official website of Odyssey Investment Group, we did not come across any indications of additional options such as educational resources or analytical tools. However, the fact that the broker has a closed registration process suggests the existence of a partnership program. Unfortunately, the specific details and conditions of this program are not described on the website.

Is Odyssey Investment Group a Scam?

So, we have finally reached the most important point. As you can probably think, we have no enthusiasm for Odyssey Investment Group. And we strongly advise against it. Here’s why.

Legal Information and License

The main claim we want to fact-check is regarding the broker’s registration in the offshore zone of St. Vincent and the Grenadines. Understand that the company Odyssey Investment Group was supposedly incorporated in 2019, yet this website was created just a couple of weeks ago. Clearly, something doesn’t add up. Therefore, we examined the registry of this offshore jurisdiction and discovered that there is no company registered under that name. The legal entity is fictitious. Consequently, Odyssey Investment Group lacks any form of license to provide brokerage services.

Odysseyig.com Domain Info

You might have noticed the year 2019 displayed in the footer. This is meant to imply that Odyssey Investment Group has been around in the market for quite some time. However, here’s the issue. If you don’t mind, try googling the name of this project. You’ll find at most a couple of reviews and a few testimonials. Our point is, this broker is a cheap imitation and a newcomer. This is further confirmed by a domain check. According to the Whois service, the website of Odyssey Investment Group was created as recently as April 18, 2023.

Contacts Review

While Odyssey Investment Group offers various communication channels for clients to seek support and assistance, our experience with their customer service has been less than satisfactory. Despite the availability of options such as email, WhatsApp, and website requests, the responsiveness and quality of their support leave much to be desired. We have encountered delays in receiving responses and found the assistance provided to be lacking in depth and effectiveness.

More Details

It is utterly perplexing for us to comprehend what Odyssey Investment Group actually represents. It appears that its creators are so careless that they don’t even bother looking at the documents they fabricate for themselves. For instance, in the user agreement, we discovered that the broker offers subscription services. Yes, you heard it right. You are expected to pay upfront for a subscription, which can last for either three or twelve months. What kind of nonsense is this? What subscription are they even talking about? It makes no sense whatsoever.

Pros and Cons

2.4 TOTAL SCORE

Odyssey Investment Group Summary

If you don't want your journey into the world of trading to end in a shipwreck, we strongly advise against choosing Odyssey Investment Group. This pseudo-broker is only interested in enriching itself and cares little about your success. They prioritize their own pockets over yours, leaving you stranded and unsupported.

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Website information content 2

Client Portal 2

Trading conditions 3

Trading platform 3

Deposit and withdrawal 4

Verification 2

Extra options 2

Licenses and guarantees 1

Work duration 1

Feedback 4

Frequently Asked Questions (FAQ)