Olymp Trade is Real Or Fake 

In the digital era everyone needs an extra income. So the best and genuine way to or extra money through your savings the way is trading. People take trading as business so it is the best way to earn an income in your free time. Here Olymp trade comes into play. We discuss all olymp trade in this post.

Olymp Trade is Real Or Fake 

Olymp trade is a real platform. So many people and good traders believe in their system. Also the chart pattern and other technical things of the Olymp trade are perfect. Also, influencers are making Olymp trade ads. 

But the only concern is Olymp trade is not SEBI registered. That is a free-flowing trading platform. Where you just started your trading journey from only 20 rupees. So most people do not think that it is possible with this minimum amount of capital. 

Does Olymp Trade Give Real Money 

Yes, it is a genuine platform that is giving you your winning amount. Also, all the amount you withdraw is reflected in your bank account in 24 hours. Also, they have a great support system. 

You know that every trading platform has charged many brokerages and other things like the Olymp trade. Also, all the things that show some amount will be deducted from your balance. Also, you check it from their application.

Is Olymp Trade Trustworthy 

Yes, this platform is trustworthy. Also, they have some great features and they give you a simple demo account to trade where a 10 lakh amount is present. You just start training with this virtual capital. It is best for paper trading. 

But as we discussed it is not fully Sabi registered, if you come with a large amount of money and also you have some knowledge then you choose a proper and authorized platform where both trading and investing are done. 

Who Owns Olymp Trade 

Saledo Global LLC is the owner of Olymp Trade. This is an online broker that was founded in 2014 and is headquartered in St. Vincent & the Grenadines. 

Smartex International Ltd, a company registered in St. Vincent and the Grenadines, is also behind the Olymp Trade brand. So this is the full road map of how the Olymp trade was created and which parent company is present behind it. 

Is Olymp Trade Banned In India 

Is Olymp trade not banned in India? However, ver does not fully clarify applications where people can trade or invest. Also, the Indian stock market is regulated by SEBI. The Olymp trade does not give a green signal from SEBI. It is not a SEBI-registered platform so people avoid trading it as an Olymp platform. 

Also, Olymp Trade has some great features but the demo account they provide is awesome. Also they provide all types of indicators and other tools that a premium platform provides for their client. 

Is It Safe To Use Olymp

If you are a beginner and you don’t have much capital to backtest your strategies and other fundamental things into the live market, Olymp trade is best for you. Where you get up to 10 lakh in your demo account and you virtually trade in the live market. 

But it is not properly safe to invest or trade your money because we discussed that SEBI does not approve of Olymp trade. So it is not SEBI registered. If any major issue happens with us then we do not complain about this issue with SEBI if we use this type of application.