Olymp Trade – Smartex International Ltd . Registration Address/ License: St. Vincent and the Grenadines . Is Olymp Trade a scam or legit broker? No, it is not safe to trade with Olymp Trade. Olymp Trade is owned by Smartex International Ltd which is an offshore company registered in St. Vincent and the Grenadines. Olymp Trade is a fully regulated and legal company. The broker “Olymp Trade” is regulated by the International Finance Commission since 2016. Through our experience, we know that a lot of different Forex Brokers are regulated by this authority. Olymp Trade is regulated with the category “A” which implies more advantages and safety for ... The website lists the average trade size for the “last month” as $4.7 with 37,990,740 closed trades for a total trading volume of $171,236,104. This would leave the average trade size at $4.5. It does show that there appears to plenty of trading activity from the retail crowd. Olymp Trade is a well-known online trading platform, which was established in 2014.It offers many different assets, including binary options, which are a rare trading asset in forex brokers. Olymp Trade also has it own mobile application with more than 50M installations. Olymp Trade Advantages: Attractive spreads, leverage of up to 1:400 . As tested with a standard demo account the benchmark EURUSD spread floated about 1,1 pips, which looks good. Still here you may also check our list of regulated brokers, offering tighter spreads: >> Lowest spread forex brokers<< Various payment methods available
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