We have been asked numerous times in the past whether it is safe to use Olymp Trade as a binary options broker. With this in mind, we thought we’d complete our very own review of Olymp Trade. Olymp Trade is able to offer the investor the chance to bet on the rise and fall of markets for the purposes of making a profit. The question is, should you invest your money or not with this broker? Here Binary-Options-Review.com offer their analysis.
Is Olymp Trade Fully Regulated?
You will be glad to hear that Olymp Trade is officially regulated by the IFC (https://www.ifc.org/). This is one of the main advantages of this brokerage company compared to the other platforms you can choose to invest. It is within the “Category A” category, which is the highest possible score.
The IFC jurisdiction extends around the world, so complaints can be received from all their customers, if they did indeed question the conduct of Olymp Trade. If they were to violate any terms of their licence, they would become deregulated, so they will be following all laws laid out by the IFC, which is good news for you as a customer.
Taking a Closer Look at the Platform…
When we analysed the platform for trading in a little more detail, we were impressed by the user-friendliness that it offers customers. It is easy to navigate, even when using it on your smartphone.
It is entirely possible to complete one click trades and there is the chance to sell options early before the expiry time if you wanted to. We especially liked the way that you are able to map out different strategies with free indicators. You can also carry out a technical analysis in another window. There are multiple ways that you can customize the chart, so you can set it up in a way that is convenient for you to trade with. I loved how you were able to switch between the demo and real account in the same window.
Can I Trust Olymp Trade?
Because the platform is fully regulated, you can use Olymp Trade with complete confidence. You will find no issues when using it.
We found that the usual yield/return for normal accounts is approximately 75–95%. Of course, this will entirely depend on the market you are trading with. It is possible to get a higher return by using a VIP account. As far as we are concerned, Olymp Trade is arguably the best Binary Options Broker for trading. More info on binary options can be found at Investopedia, and other brokers to try can be found here.
For a more in-depth review, you can check out https://www.binary-options-review.com/best-binary-options-brokers/olymp-trade-review/.