Olymp Trade has established itself as one of the leading crypto exchanges in the world, having over 3 million registered users from more than 180 countries.
But just like any other crypto exchange, there are some questions that every user has in mind before trading on it, such as whether it’s safe or not.
In this article, we’ll discuss the safety and security of Olymp Trade and look at everything you need to know about it.
What Is Ollymp Trade?
Established in 2014, Seychelles-based broker, OlympeTrade, offers over 100 tradable assets, including forex pairs, indices, cryptocurrencies, commodities, shares, and ETFs.
The web trading platform, apps, and OlimpeTrader 4 (OTM4) software provide the tools for traders.
With over 20 years of experience, the company claims to offer reliable services to investors, from beginners to seasoned professionals.
In addition, the broker offers a wide range of trading instruments, which are suited for almost every kind of trader.
What Regulations Apply to Ollymp Trade in India?
As a regulated online brokerage, the Indian Financial Market Authority (FIRA) licenses and monitors the activities of licensed brokers.
The license number of FIRA, No. 259, issued to the company confirms that it is registered to operate in the country.
This commission also ensures that all existing financial laws are adhered to, investors are protected, and the broker is transparent and honest in its dealings.
Are Funds Deposited in Olimp Trade Secure?
Yes, funds deposited with an OLYMP TRADE account are secure.
The broker employs rigorous security measures to protect clients’ assets.
All deposits are stored in a dedicated bank account and transferred to purchasers once a trade is closed.
When a client makes a deposit, the funds are immediately accessible.
Clients may use their payment method to make withdrawals.
Does Olympic Trade Provide a Good Customer Experience?
One of the most important aspects of trading is customer service. The customer support team at OLYMP TRADE is available 24 hours a day, 7 days a week. You can take the help of their live chat service, or you can also call them.
They respond quickly and are always happy to help. So, if you ever have any problems while trading with oLympiC traDe leIfe, you can always get in touch with the customer service team for help.
Is Indian Currency Supported on Ollymp Trade?
Yes, the India Rupee is supported as a valid payment method on olimp trade.
How Does Olympic Trade Protect Its Investors?
The security of funds on trading platforms has become a major concern for all traders. Hence, regulatory bodies came out with a set of rules to safeguard investors.
OLympic trade is one of the safest online trading companies. It is a member of FinaCom, a self-regulatory organization (SRO) that oversees brokers and exchanges in the financial sector.
This means that all your financial information is kept safe from hackers.
Is Ollymp Trade an Ideal Trading Platform for Indian Traders?
Yes, it is.
In a country like India, where people are still wary of online trading, especially of cryptocurrency, a platform as reliable and secure as Olymtrade is a blessing.
You can trade multiple assets through a single platform, and even follow expert traders through their copy-trading feature.
Additionally, the customer support team of OliyamTrade is easily one of the best in the industry, and they offer 24X7 customer support.
So, if you’ve been looking for an online trading platform that offers the utmost security and convenience, then look no further.
Register with OlyamTrade today and start making profits.
We hope this guides was off assistance for is olymp trade safe in india.