Forex broker review

Olymp Trade Review 2026

olymptrade.com

Overview and safety

40/100

What is Olymp Trade?

Olymp Trade is a broker/online-trading brand in our historical database. Current review status: Brazil CVM stop-order warning; current global site operates under a different disclosed entity. Brazil’s CVM first warned in February 2019 about irregular solicitation by Smartex International Ltd, also known as Olymp Trade, and reiterated the warning in March 2022. CVM states the company was not authorised to solicit Brazilian residents for securities-market activity. The Olymptrade brand is still operating online in 2026, but the current site identifies Aollikus Limited in Vanuatu as the financial company providing the services rather than Smartex International.

What are the Pros of Olymp Trade?

We do not assign normal commercial 'pros' to this profile because the overriding issue is regulatory status and client protection. For Brazilian residents, the CVM warning is direct and authoritative: Olymp Trade should not be treated as an authorised local securities intermediary on the basis of the historical brand. The change in disclosed operator also means old company/licence claims cannot simply be carried forward. We do not broaden the Brazilian stop order into an unsupported claim that the current global operator is fraudulent everywhere.

What are the Cons of Olymp Trade?

The primary concern is a regulator stop-order history tied to the Olymp Trade brand in Brazil, combined with a changed current legal-entity disclosure that requires jurisdiction-by-jurisdiction verification. For Brazilian residents, the CVM warning is direct and authoritative: Olymp Trade should not be treated as an authorised local securities intermediary on the basis of the historical brand. The change in disclosed operator also means old company/licence claims cannot simply be carried forward. We do not broaden the Brazilian stop order into an unsupported claim that the current global operator is fraudulent everywhere.

What are the Olymp Trade Current Promos?

Olymptrade has promotions/loyalty mechanics by region, but no current universal cash bonus is treated as a safety or value assumption in this pass. Promotions are secondary to the verified VFSC licence and the historical Brazil CVM stop-order warning.

What are the Olymp Trade Highlights?

The key fact is not a marketing feature but the regulatory record: CVM says Smartex International Ltd, also known as Olymp Trade, lacked CVM authorisation to solicit clients resident in Brazil for the cited activity and ordered the irregular offering to stop. The current olymptrade.com site remains live and now discloses Aollikus Limited in Vanuatu as the financial company serving the site, with Saledo Global LLC involved for digital-asset-designated accounts.

What is the Olymp Trade Origin Story?

Olymp Trade has operated online since the 2010s. The CVM record ties the brand historically to Smartex International Ltd for the Brazilian warning. The current website’s footer identifies a different operating structure, so historical legal-entity and product claims must not be treated as automatically current.

Is Olymp Trade Legit and Trustworthy?

We would not treat Olymp Trade as a normal trusted regulated-broker recommendation. CVM says Smartex International Ltd, also known as Olymp Trade, lacked CVM authorisation to solicit clients resident in Brazil for the cited activity and ordered the irregular offering to stop. The current olymptrade.com site remains live and now discloses Aollikus Limited in Vanuatu as the financial company serving the site, with Saledo Global LLC involved for digital-asset-designated accounts. For Brazilian residents, the CVM warning is direct and authoritative: Olymp Trade should not be treated as an authorised local securities intermediary on the basis of the historical brand. The change in disclosed operator also means old company/licence claims cannot simply be carried forward. We do not broaden the Brazilian stop order into an unsupported claim that the current global operator is fraudulent everywhere.

Is Olymp Trade Regulated and who are the Regulators?

Olymp Trade currently has a verified statutory regulator relationship, but its full regulatory history also includes an important warning that should not be omitted. The current olymptrade.com service identifies Aollikus Limited, company number 40131, in Vanuatu as its financial dealer. The Vanuatu Financial Services Commission (VFSC) independently lists Aollikus Limited as an active Financial Dealer, first licensed on 6 January 2023, with licence classes A, B and C. That is the current brokerage regulator relationship verified for the live operator.

Olymp Trade also has non-regulator protection and corporate relationships that must be distinguished from a statutory licence. The Financial Commission currently lists Olymp Trade as an active member, registered since 22 February 2016, with its private dispute-resolution Compensation Fund covering eligible complaints up to EUR 20,000 per complaint. The Financial Commission is a private, non-governmental external dispute-resolution body, not a national financial regulator, so that membership is not presented as equivalent to VFSC authorisation. The current Olymptrade legal disclosure also identifies Saledo Global LLC in Saint Vincent and the Grenadines for clients trading through digital-asset-designated accounts and names VISEPOINT LIMITED in Malta and MARTIQUE LIMITED in Cyprus as operational/content partners; those corporate relationships are not brokerage licences.

A historical regulatory warning remains relevant. Brazil's Comissão de Valores Mobiliários (CVM) issued a stop order in February 2019 against Smartex International Ltd, also known as Olymp Trade, saying it was not authorised to solicit Brazilian residents for the cited securities-market activity, and CVM reiterated that warning in March 2022. ForexBrokersInfo preserves that relationship as a Brazil-specific warning rather than deleting it after the operator changed to Aollikus Limited, and does not broaden it into an unsupported claim that the current operator is fraudulent globally.

Country availability is separate again. Olymptrade's current help centre explicitly states that residents of the EU, United States, Canada, Japan and United Kingdom cannot trade. Belgium is therefore unavailable for account opening regardless of the active Vanuatu licence, and Belgium's FSMA rules independently prohibit distribution to consumers of leveraged OTC CFDs, rolling-spot forex and binary options. No Belgian Open Account CTA is permitted.

Verified regulators and legal entities
RegulatorLegal entityLicence / statusOversight rating
CVMComissão de Valores MobiliáriosSmartex International Ltd (historical Olymp Trade operator named by CVM)historical Brazil stop-order relationship tied by CVM to the Olymp Trade brandLicence CVM Declaratory Act 16,89884/100Strong oversight
CVMComissão de Valores MobiliáriosSmartex International Ltd / Olymp Trade historical brandHistorical adverse regulatory warning tied to the Olymp Trade brand in Brazil; not a current licencepublic warning / stop-order history; warning issued 2019 and reiterated 2022 for unauthorised solicitation in Brazil84/100Strong oversight
FinaComThe Financial CommissionOlymp Trade / published brandMembership is not a state broker licence.Private dispute body context18/100Minimal / registration-only FX oversight
FinaComThe Financial CommissionOlymptrade / Aollikus Limited relationshipprivate alternative dispute resolution and compensation-fund membershipLicence member since 22 February 201618/100Minimal / registration-only FX oversight
FinaComThe Financial CommissionOlymptrade / Aollikus servicePrivate complaint/dispute-resolution and compensation-fund contextprivate dispute-resolution membership; not a state financial licence18/100Minimal / registration-only FX oversight
VFSCVanuatu Financial Services CommissionAollikus Limitedcurrent Olymptrade financial-dealer entity; official VFSC list shows licence classes A, B and CLicence 4013141/100Limited oversight

Did Olymp Trade win any Awards?

No current 2026 award with a clearly source-mapped third-party issuer/date was added in this pass. For this broker, regulatory status and warning history are materially more useful to visitors than award marketing.

What type of Forex Broker is Olymp Trade?

Historically Olymp Trade marketed online leveraged or speculative trading services. We could not verify a current regulated offering for Olymp Trade that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

How do I get in Contact with Olymp Trade?

The current Service Agreement identifies Aollikus Limited at 1276 Govant Building, Kumul Highway, Port Vila, Vanuatu. Clients should use authenticated Olymptrade support/account channels and confirm the entity on their agreement; Saledo Global LLC is separately named for specified digital-asset accounts.

Where are the Headquarters from Olymp Trade based?

Aollikus Limited, company number 40131, is the current Vanuatu financial company named in the service agreement. Saledo Global LLC is registered at Euro House, Richmond Hill Road, Kingstown, St Vincent and the Grenadines for designated digital-asset account contexts.

What kind of Customer Support is offered by Olymp Trade?

Support quality should be judged by KYC, payment and complaint handling rather than sales responsiveness.

Support testWhat a visitor should ask
KYCWhich documents are required and how long approval normally takes.
FundingWhich methods are supported for the exact country and entity.
WithdrawalsMethod, minimum, fee, processing time and return-to-source rule.
ComplaintsWhich legal entity receives the complaint and which regulator/dispute body applies.

Which Educational and Learning Materials are offered by Olymp Trade?

The service provides platform-help and educational/trading content, but education does not change the significance of jurisdiction restrictions, leveraged-product risk or the historical Brazil CVM warning.

Does Olymp Trade hedge Positions?

The public agreement does not establish Olymptrade as a pure ECN/STP agency broker or promise one-for-one external hedging. The review therefore avoids those labels and focuses on the verified operator, licence and proprietary execution environment.

Accounts and eligibility

30/100

Can anyone join Olymp Trade?

Olymptrade currently states that residents of the EU, United States, Canada, Japan and United Kingdom cannot trade on the service. Belgium is therefore explicitly unavailable and must not show an Open Account CTA.

Who should sign up with Olymp Trade?

We do not identify a normal target customer for Olymp Trade while this warning/status remains unresolved. Users looking for forex or CFD access should prefer a broker whose exact legal entity and permissions can be verified on the regulator's live register.

Who should NOT sign up with Olymp Trade?

Anyone who needs regulated client-money protection, a formal complaints route or compensation-scheme eligibility should avoid relying on this historical profile. For Brazilian residents, the CVM warning is direct and authoritative: Olymp Trade should not be treated as an authorised local securities intermediary on the basis of the historical brand. The change in disclosed operator also means old company/licence claims cannot simply be carried forward. We do not broaden the Brazilian stop order into an unsupported claim that the current global operator is fraudulent everywhere.

Does Olymp Trade offer Discounts, Coupons, or Promo Codes?

Do not use coupon codes, deposit bonuses or referral offers as a reason to send funds. We could not verify a current regulated offering for Olymp Trade that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Which Account Types are offered by Olymp Trade?

Olymptrade uses its own account/platform model rather than the standard MT4 Standard/ECN tiering used by many forex brokers. Exact deposit tiers, status levels and product access are region/account specific and should be verified in the client area because major jurisdictions, including the EU, are excluded.

How to Open a Olymp Trade LIVE Account?

We do not provide account-opening instructions for this profile because of the current warning/status. Verify any firm independently with the relevant regulator before sending identification documents or money.

How to Open a Olymp Trade DEMO account?

A demo environment, if one exists, does not establish that the underlying firm is authorised. We therefore do not treat demo availability as a safety signal.

If I violate the Trading Objectives of Olymp Trade do I get a second chance?

This is not a prop-firm challenge review. Historical 'trading objectives' are not relevant to the core issue, which is whether the firm and legal entity are currently authorised and verifiable.

How Are You Protected as a Client at Olymp Trade?

Brazilian users should follow the CVM warning and should not assume local regulated-intermediary protections. Users elsewhere should independently verify the exact Aollikus/Saledo legal entity and claimed licence with the relevant regulator before funding; a live website and self-described licence are not substitutes for regulator confirmation.

What are Olymp Trade AML ID requirements?

Do not upload identity documents to an unverified domain or contact. If a firm requests KYC documents, first verify the exact legal entity and website against the regulator's register or warning notice.

Deposits, withdrawals and fees

48/100

Which Deposit and Withdrawal options are available at Olymp Trade?

We do not present historical deposit and withdrawal methods as current. We could not verify a current regulated offering for Olymp Trade that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Which Funding methods or Deposit Options are available at Olymp Trade?

Do not send new funds based on old funding instructions or account-manager messages. Verify the firm first; bank, card, crypto and e-wallet transfers can have very different recovery rights.

What is the Minimum Deposit Amount at Olymp Trade?

Any historical minimum-deposit figure is intentionally not repeated as a current fact. We could not verify a current regulated offering for Olymp Trade that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Which Withdrawal methods are available at Olymp Trade?

Current withdrawal channels could not be verified to our publication standard. If money is already on the platform, document every withdrawal request and avoid paying additional 'tax', 'unlock', 'verification' or 'release' fees without independent legal/regulatory confirmation.

How can I Withdraw Money from Olymp Trade Step by Step?

If you already have funds with Olymp Trade, submit any available withdrawal request through the account interface, save screenshots and correspondence, and escalate promptly to your bank/card issuer and the relevant regulator if funds are withheld. Do not send additional money merely to release a withdrawal.

Does Olymp Trade Payout?

We cannot verify reliable current payout performance. For Brazilian residents, the CVM warning is direct and authoritative: Olymp Trade should not be treated as an authorised local securities intermediary on the basis of the historical brand. The change in disclosed operator also means old company/licence claims cannot simply be carried forward. We do not broaden the Brazilian stop order into an unsupported claim that the current global operator is fraudulent everywhere.

Which Fees are charged by Olymp Trade?

Trading costs depend on the selected instrument/product mode and can include spreads/fees/overnight charges described in the platform and agreement. The review does not invent a universal pip spread or commission when the proprietary product model varies by instrument.

Trading conditions and platforms

55/100

What can I trade with Olymp Trade?

Historical market lists are not repeated as current because the underlying operating status/authorisation is the more important issue. We could not verify a current regulated offering for Olymp Trade that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Which Trading Platforms are offered by Olymp Trade?

Olymptrade is built around its proprietary web/mobile platform rather than MT4/MT5. Platform automation, copy trading or MAM/PAMM should not be assumed unless the current service explicitly enables those features for the client’s account.

Which Trading Instruments are offered by Olymp Trade?

Historical instrument claims are not presented as current. We could not verify a current regulated offering for Olymp Trade that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Which Trading Servers are offered by Olymp Trade?

We do not publish historical server names as current connection instructions for a warning-status profile.

Which are the Base Currencies supported by Olymp Trade?

Current supported base currencies could not be independently verified and are not material to the safety conclusion.

Can I trade Crypto with Olymp Trade? Which crypto currencies are supported by Olymp Trade?

Do not infer safety from the availability of cryptocurrency trading or crypto deposits. Crypto transfers can be especially difficult to reverse, so regulatory verification should come before funding.

What is the Leverage on my Olymp Trade Trading Account?

Any historical leverage figure is intentionally not repeated as a current offer. High leverage materially increases loss risk and, for a warning-status firm, does not compensate for missing or adverse regulatory protection.

How can I change the Leverage on my Olymp Trade Trading Account?

We do not provide instructions for increasing leverage on a warning-status profile. If you already have an account, reducing exposure and confirming withdrawal rights is more important than increasing leverage.

What kind of Spreads are offered by Olymp Trade?

Historical spread claims are not presented as current because they cannot be independently verified to our standard. Very low advertised spreads should never be used as a substitute for checking authorisation and client-money protection.

Does Olymp Trade offer MAM Accounts or PAMM Accounts?

We could not verify a current MAM/PAMM service that should be relied on. Managed-account claims add custody and discretionary-management risk and require especially careful regulatory verification.

Does Olymp Trade allow Expert Advisors?

Expert Advisor support, if historically offered, is not relevant to the current safety assessment and was not verified as a current feature.

Does Olymp Trade offer Copytrading?

Copy-trading availability does not establish regulatory status. We did not verify a current copy-trading service that should be relied on for a new account.

Sources

Last reviewed September 5, 2026. Product availability, leverage, pricing and client protection can differ by country and legal entity.

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