Conclusion: Olymp Trade robots are probably a scam. Binary options trading bot has become common. Mostly, Olympbot is used by traders to make automatic trades. Surely, some traders have had bad experiences with this trading bot, but the advantage of using Olympbot cannot be ignored.
Olymp Trade is a pioneering name in the trading sector that first went public in 2014. It seems that the founder of Olymp trade- Andreas A- has left no stone unturned to make it one of the best trading platforms.
What is Olymp Trade? Olymp Trade is a trading name used by Smartex International Ltd., a company that provides options trading services and is registered in St. Vincent and the Grenadines.
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According to various sources, Olymp Trade is not technically illegal in India but it is in no way monitored or controlled by SEBI or RBI. This means if a trader faces any issues with regards to the app's transactions or collections then Indian authorities will not be able to help.
In today’s post, we will review one of the popular trading platforms and answer whether Olymp Trade is a scam or a legitimate broker. With all the recent news about the GameStop stock and how it made small-scale investors trading in Robinhood instantly rich, we certainly see a lot of interest in the idea of playing the market.
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what is olymp trade
