Global Broker Regulation Inquiry App
About WikiFX
OLYMP TRADE
Regulatory Status
Not RegulatedRegulation & License
Regulatory Information: No valid regulatory information found. Proceed with caution.
Score
1.84 /10 Regulation
2.69
Tech
4.60
Reputation
4.09
Business
7.05
Risk Control
2.27
OLYMP TRADE Comprehensive Review
OLYMP TRADE exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 1.57, a lack of any credible regulatory oversight, and operation in a region flagged as suspicious for 5-10 years, culminating in exceptionally low regulatory and risk control ratings that signal severe fund safety concerns. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-06-19)
Read more 
Regulatory Standing And Supervision Overview
OLYMP TRADE is a broker operating from South Africa but is not currently regulated for forex trading. The broker's business scope is noted as being in a suspicious operational region, and no valid forex trading license has been identified. OLYMP TRADE operates with a composite score of 1.57. Potential clients are strongly advised to verify this broker's regulatory credentials directly with the appropriate financial authorities before considering any trading activity.Safety Score Breakdown Across Dimensions
OLYMP TRADE carries a composite score of 1.57, with a regulatory rating of 0.0, risk control rating of 0.0, software rating of 4.0, business rating of 7.44, and license rating of 0.0 — showing very limited oversight but a moderate business environment. The composite score of 1.57 represents the website's aggregated assessment of the broker. The regulatory and license ratings reflect an entity lacking credible oversight, while the risk control rating indicates no publicly recognized risk management safeguards. The software rating gauges platform functionality, and the business rating assesses the operational environment. Traders should weigh these dimensions based on their own risk tolerance.Broker Profile and Trading Infrastructure Overview
OLYMP TRADE has operated for 5-10 years and is registered in South Africa, a region considered operationally suspicious. Its entry threshold is not currently disclosed; readers may consult the broker directly before account opening. The broker does not currently disclose its primary trading software; readers should confirm platform compatibility prior to use. The full scope of available tradable instruments is not currently disclosed; readers may review the broker's official site for its product listing.Trading Environment Overview
The trading environment and execution performance for OLYMP TRADE are not currently publicly disclosed. A trading environment grade, which reflects overall execution conditions, is not available. Similarly, specific metrics such as average order execution speed and the number of operational trading servers are not listed. Information regarding which trading software platforms the broker supports is also not detailed. Readers may cross-reference this absence of data with the broker's other internal performance sub-scores for a broader assessment.Tradable Instruments and Product Coverage
This broker does not currently provide tradable instruments information. Tradable instruments are not currently disclosed; readers may review the broker's official site for the full list. Instrument count is also not currently disclosed. The list of NOT-offered main categories is not currently disclosed; readers should verify coverage against their own trading needs.
Read more
OLYMP TRADE Regulation & License
- No Regulatory Information
Note: The above regulatory information is sourced from the official OLYMP TRADE website.
Basic Information
Registered Region
South Africa
Operating Period
5-10 years
Company Name
OLYMP TRADE
Customer Service Email Address
support-cn@olymptrade.com
Contact Number
--
Company Website
https://idnolymptrade.com/
Related Brokers
Bell Potter
Regulated 7.58 /10
Bell Potter is a regulated broker operating under the supervision of the Australian Securities & Investments Commission (ASIC), maintaining an above-average safety profile as part of an established financial group.
Read more...
BullionStar
Not Regulated 2.13 /10
BullionStar is an unregulated physical precious metals dealer, and its activities fall outside the scope of financial services oversight, presenting a high risk environment for trading or depositing funds.
Read more...
IVY MARKETS
Not Regulated 1.31 /10
IVY MARKETS is an unregulated broker lacking credible oversight, with a very low overall safety score; traders must maintain high risk vigilance.
Read more...
Securcap
Not Regulated 1.99 /10
Securcap is currently not regulated for forex trading, with its overall safety significantly weaker than licensed firms, requiring investors to maintain a high level of risk vigilance.
Read more...
Reichmann Group
Not Regulated 1.89 /10
Reichmann Group is a highly suspicious entity operating without any financial regulatory oversight, presenting an extremely high-risk profile that requires extreme caution from all potential clients.
Read more...
Frequently Asked Questions About OLYMP TRADE
Is OLYMP TRADE a regulated forex broker?
No, OLYMP TRADE is not a regulated forex broker. It operates without any formally recognized forex trading license. The broker is registered in South Africa, a region flagged as suspicious for its operational history. No credible regulatory authority has been identified as supervising its activities. This lack of oversight presents a significant risk to trader protection and fund safety, placing it outside the standard financial supervision framework that regulated entities adhere to.
Is OLYMP TRADE safe to trade with based on WikiFX data?
Based on its public profile, OLYMP TRADE is not considered safe for trading. It holds an exceptionally low composite score of 1.57, with regulatory, license, and risk control ratings all scoring 0.0, indicating no credible oversight or recognized risk management safeguards. While its software rating is 4.0, this only pertains to platform functionality and does not mitigate the severe deficiencies in oversight. Traders should be aware that its operational history of 5-10 years in a region marked as suspicious further compounds these concerns.
What risks should traders notice before using OLYMP TRADE?
Traders should be highly cautious of several significant risks with OLYMP TRADE. The broker lacks any formal regulatory oversight and operates from a region flagged as suspicious. Its composite score of 1.57 and risk control rating of 0.0 signal severe operational safety concerns and an absence of formal risk management protocols. No details are available regarding fund protection schemes or dispute resolution channels. Furthermore, key operational information, such as trading costs, deposit methods, and execution speed, is not currently publicly disclosed, adding layers of uncertainty to the trading environment.
Is OLYMP TRADE suitable for beginners?
Should I consider trading with OLYMP TRADE?