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 seems to be unique to traders in many ways. At least, I have noticed that Olymp Trade differs from other brokers in its approach to education. While most brokers offer training as an additional service (often for a fee), Olymp Trade has made education a major competitive advantage. 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 – 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.
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