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. OlympTrade Regulation and Company Information Regulation. OlympTrade , owned and operated by Smartex International Ltd under registration number 144540, is an Online trading provider that is regulated by Financial Market Relations Center (FMRRC) under license number TSRF RU 0395 AA Vv0088. Olymp Trade Account Opening. Getting your Olymp Trade account up and running is much the same process as with other brokers we have looked at. They do have a demo account available, which you can access with the most basic personal registration information, but if you want to get involved in real live trading, then you will need to verify your account with proof of identity and proof of residence. 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. 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.
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