Olymp Trade audit report 2026: B

Summary

Olymp Trade is licensed only in Vanuatu, and its digital-asset accounts are run by a St Vincent company with no financial licence. Brazil’s CVM fined the company behind the platform R$680,000 in 2024 for offering securities to Brazilians without authorisation. The firm describes its private dispute-fund cover as insured deposits, which overstates what that fund pays.

Grade: B
Score: 38/100
Fieldwork: 8 Oct 2026 to 9 Oct 2026
Findings: 2 high4 medium

Scorecard

Pillar	Weight	Score	Grade
Regulation & Licensing	19%	30	B
Corporate Structure & Ownership	14%	40	BB
Client Money & Payouts	19%	40	BB
Execution & Pricing	n/a	Not assessed: requires live testing
Conduct & Disclosure	14%	45	BB
Operational Resilience	n/a	Not assessed: requires live testing
People & Community	5%	30	B
Overall	71%	38	B

The overall score is the weighted average of the assessed pillars, with their weights scaled back up to 100.

This grade summarises the evidence we reviewed up to 9 October 2026. It is not a guarantee of the firm's safety or future conduct, and changes after that date are not reflected. Nothing here is financial or legal advice.

Findings

Regulation & Licensing

30/100

Olymp Trade’s services are provided by Aollikus Limited, licensed as a financial dealer in Vanuatu, and, for digital-asset accounts, by Saledo Global LLC of St Vincent and the Grenadines, which holds no financial licence. No client is served through a tier-one or tier-two regulated entity.

MediumAollikus Limited (company 40131) is active on the Vanuatu Financial Services Commission’s financial dealers list, licensed on 6 January 2023. The register shows licence classes A, B and C; the certificate Olymp Trade publishes shows A and C.
HighSaledo Global LLC is registered as a company in St Vincent and the Grenadines but holds no financial licence. The SVG Financial Services Authority states that forex brokerage is not licensed in St Vincent, and on 29 April 2026 stated that no entity is authorised there as a virtual asset service provider. Olymp Trade’s footer nevertheless says its companies are fully licensed to perform their activities.

Corporate Structure & Ownership

40/100

Olymp Trade names the companies clients contract with but discloses no owner, parent company or directors. The contracting company has changed several times since 2017.

MediumThe firm’s site and legal documents name no owner, parent company, directors or senior managers.
ObservationBrazil’s CVM records the contracting company as Smartex International Ltd in 2018, then Saledo Global LLC from April 2020; Aollikus Limited was licensed in Vanuatu in 2023. Smartex and Inlustris Ltd, a further former operator, are recorded as liquidated on the SVG register.

Client Money & Payouts

40/100

Clients have no statutory compensation scheme. Olymp Trade describes its Financial Commission cover as insured deposits of up to €20,000, but that fund pays only unpaid dispute rulings, does not cover insolvency, and excludes synthetic and digital-currency products.

MediumOlymp Trade states that “deposits are insured up to €20,000” through the Financial Commission, a private dispute-resolution body. The Financial Commission states that its fund is used only when a member refuses to pay a ruling, does not apply to a member’s client base if the member becomes insolvent, and cannot be used for synthetic, non-market products or digital currency markets.
ObservationOlymp Trade states that client funds are held in segregated accounts and that clients have negative balance protection. No regulator oversight of these arrangements was found.

Execution & Pricing

Not assessed

Not assessed in a desk audit. Spreads, slippage and fill quality can only be measured with live accounts.

Conduct & Disclosure

45/100

Brazil’s CVM fined the company behind Olymp Trade in 2024 for offering and intermediating securities in Brazil without authorisation, after a stop order in 2019.

HighOn 16 July 2024 the CVM unanimously fined Saledo Global LLC R$680,000 (R$255,000 for publicly offering securities to Brazilian residents without registration and R$425,000 for distributing and intermediating securities without being part of the distribution system). The company did not file a defence. Whether it appealed is not confirmed.
MediumOn 5 February 2019 the CVM ordered Smartex International Ltd, also known as Olymp Trade, to stop offering binary options and other derivatives to Brazilian residents, and repeated its alert in 2022.
ObservationThe CVM’s file records that in 2019 federal prosecutors and a federal court in Campinas asked for information on Smartex in connection with a criminal inquiry. Its outcome is not known.
ObservationOlymp Trade has been named as unauthorised by regulators in India (RBI Alert List, since 2022), Malaysia (2018), Cyprus (CySEC warning, 28 August 2025) and Ukraine (2024). Under our methodology these warnings are recorded but not scored.

Operational Resilience

Not assessed

Not assessed in a desk audit. Uptime, incident history and security controls require evidence from the firm or live monitoring.

People & Community

30/100

No Great Place to Work certification was found. Olymp Trade reports charity work with named partners, including HOPE worldwide Malaysia and the Lagos Food Bank Initiative in 2026 and Yayasan Usaha Mulia in Indonesia in 2025 and 2026.

ObservationNo Great Place to Work certification was found in Great Place to Work’s public listings.
ObservationCommunity contribution is reported by Olymp Trade itself; we found no independent reporting of amounts.

Licences verified

Each licence was checked directly against the regulator's public register on the date shown.

Entity	Regulator	Licence	Checked	Result
Aollikus Limited	Vanuatu Financial Services Commission	Financial dealer, company 40131	9 Oct 2026	Confirmed with notesActive, licensed 6 January 2023; the register shows classes A, B and C, the firm’s certificate A and C.
Saledo Global LLC	SVG Financial Services Authority	Company registration 227	9 Oct 2026	DiscrepancyRegistered as a company only; holds no financial licence, although the firm’s footer says its companies are fully licensed.

Notes and sources

Sources

Evidence and scope

Scope

Desk audit of the brand’s client-facing entities, using public sources only: regulator registers and announcements, court and sanction records, and the firm’s own published documents, as available on 9 October 2026. No accounts were opened, nothing was tested live, and the firm was not asked for evidence.

Limitations

Absence of a public enforcement record is not evidence of good conduct. Whether the CVM fine was appealed or paid, and the outcome of the 2019 criminal inquiry in Brazil, could not be confirmed. The Malta payment agent named by the firm could not be checked, as the registry requires a login.

Evidence reviewed

VFSC financial dealers licensee list
SVG FSA entity register, forex notice (archived 2022) and virtual asset notice of 29 April 2026
CVM sanction judgment, PAS 19957.005524/2022-30, 16 July 2024
CVM stop order, Ato Declaratório 16.898, 5 February 2019
Financial Commission member page and compensation fund rules
Olymp Trade service agreement, regulation page and site disclosures

Version history

9 Oct 2026 Report published.

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