This entry is made to inform people about if Olymp Trade is a scam, and well in simple to find out since we have to check if it is a regulated broker, if it has good opinions and if its platform is transparent.
Olymp Trade has been an online broker since 2014 and has been offering its investment services ever since, first starting out as a broker for Fixed time operations trading only, then adding the cryptomarket and finally adding Forex trading.
This Broker is regulated by the FMRRC with license 0395AAVV0074 and apart from this on February 22, 2016 said Broker entered the International Financial Commission, thus providing a membership in FinaCom. By being a member of FinaCom this company is responsible for returning up to 20,000 euros to clients in case of complaints about poor trading service.
Olympic Trade is a fraud?
Well to simplify it based on the regulation mentioned above, let me tell you that this Broker is not a fraud or a scam, Olymp Trade is a legitimate Broker to trade in the market with multiple products and investment instruments. Apart from its regulation it is important to note that the opinions of its clients are good and they do not complain about the operation of this platform.
There are clients who have both positive and negative opinions and ratings from this broker, this is perfectly normal as not everyone is always happy with the investment services provided by a broker. The important thing here is to highlight that most of their opinions and ratings are positive so you can conclude by saying that Olymp Trade is very good based on the comments it has and its regulation.
Is Olymp Trade a Broker with a transparent platform?
That’s right, the Olymp Trade Broker has a 100% transparent platform to trade the market with the multiple investment products they offer, the charts are updated in real time according to the world markets and there is no manipulation of charts, in other words, this company is completely transparent and legitimate so you will not have problems trading the market with them.
