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When you become interested in brokerage companies, you immediately review ratings and numerous reviews. I think everyone will agree that this is the easiest and most accessible way to gather the necessary information. This category also includes forums and thematic pages in social networks. And of course, the first to be seen are large companies with great history and high reputation. I think that this is how many traders learn about Olymp Trade. I think that this company has well developed marketing and advertising, because you just have no chance to miss this broker in the ratings. On the other hand, when you get to know this company a little bit closer, you realize that this broker does not stop at regular advertising, providing a certain variety of services to attract different categories of clients.1.First of all, this brokerage company attracts newcomers or, to put it simply, traders without experience. When you are just starting to work, there are many difficulties and questions on your way. You need to learn how to analyze market events, define the assets and strategies that you will use in trading, identify the capital that will help you earn, and experience many surprises that will test you for strength. Sounds a little scary, doesn't it? Yeah, it does. But there are some useful things prepared for that purpose:the free demo, which can be replenished at any time, is the best simulator for you to get used to the market and adapt to regular trading;a simplified leverage mechanism, which has been replaced here by x50 to x500 multipliers - which generally coincides with the key requirements of the market and provides safety for beginners, because too much leverage is kind of an opportunity to take big profits, but it can be dangerous if you do not understand when the risk is justified;serious training materials, which are distributed to webinars and reviews, and allow a person who has not yet understood the market at all to take action today, selecting the best approaches and focusing on key fundamental analysis events.The only drawback I see here is that there are no fixed spreads, only commission. So you will need to learn how to correctly calculate each order, if you've been using a spread approach previously.2. This company does not forget about traders with experience, who need absolutely different dynamics and other conditions for productive trading:access to two trading terminals - the original Olymp Trade terminal and the familiar MT4 terminal, in fact they have radically different functionality and open up different opportunities, so each trader can try both terminals and depending on their preferences and experience and choose what optimizes your stay in the market;not the least of which is the fact that in the original Olymp Trade terminal, and I will focus on it, the chart settings are collected, which will allow you to use different timeframes - from minute to hour and day, as well as adjust the settings of the chart, zoom in and out to examine the nuances of interest, in addition, you can use several indicators simultaneously to check the data on the strategy, etc. - In my opinion, it is more than just convenient and allows a trader to analyze the situation and prepare for trading;by the way, reviews for advanced traders here are more detailed and complex, filled with more detailed information, so do not grab immediately for something that you do not understand, for a start in any case it is better to focus on a simpler and clearer information.3. The following information will be useful for all categories of traders, because it relates to financial matters. You can start working here with $10. Naturally, any trader will prefer a stronger capital, but if you only need one or two orders to assess the situation, then it will be useful for you.The minimum withdrawal from Olymp Trade terminals is $15. In this case, the withdrawal itself is made in a personal cabinet, to which only the trader has access.This brokerage company cooperates not only with usual banking systems - Visa/Mastercard, but also with electronic wallets - Fasapay, Skrill, etc. In other words, you can choose the best format for yourself by commissions and other conditions.And the most important nuance, which can also serve as a fundamental when choosing a brokerage company...There are no managers here who call you every day and call you to increase your capital for the sake of the "golden trade of the century". In fact, this is how it works in many companies, and communication with managers can be intrusive and does not always benefit your capital and your market position.Here, traders can work the way they like and like. And ONLY in case you need help or have any difficulty, you can contact the Olymp Trade support team, which has experienced managers who can help you understand the problem and that's it - you can work as you like again. In addition, there are detailed instructions for using the trading terminal and other services, so you should be able to understand everything in general.

Short answer: Yes, services like Wealthfront and Betterment are safe, even though they are not FDIC insured.Detail:FDIC (Federal Deposit Insurance Corporation) is an independent agency of the federal government designed to insure bank deposits in the case of bank failure. Each individual depositor is guaranteed up to $250K (as of Dec 2013) at each insured bank.By definition, the FDIC does not insure securities, or accounts held by broker-dealers. For example, this includes Fidelity Investments, Charles Schwab, Merrill Lynch, Vanguard, and countless others.Brokerage accounts are covered by a variety of regulatory and insurance protections to help protect individual investors in the case of fraud or failure. They do not have the same guarantees as federally insured bank deposits, but for almost all intents and purposes can be considered "safe".For example, Wealthfront protects your account via the following:Third party custodian: Your assets are held in an account at a third party custodian named Apex Clearing. Wealthfront only has the right to issue trading instructions against your account. It cannot access your cash other than to receive its monthly advisory fee. You are the only one who can deposit to or withdraw from your account.SIPC Insurance: Your brokerage account is protected by SIPC insurance. This insurance covers up to $500,000 in securities for each type of account you hold with Wealthfront. An IRA is considered a different type of account than a taxable account for this purpose, but different types of IRA accounts are considered one account for this purpose. SIPC insurance also covers up to $250,000 in cash – which almost always exceeds the minimal cash balance we maintain to pay your fees.Additional coverage: Apex Clearing has secured excess SIPC insurance that provides an additional $150 million of coverage across all its clients. This insurance should be more than enough given that over the past 42 years 98.7% of client assets were recovered in failed brokerages even before SIPC insurance was employed.Everything is held in street name: Wealthfront only invests in SIPC covered securities registered in street name at the Depository Trust Company (DTC). That means the securities purchased on your behalf by Wealthfront are held separately from other Wealthfront assets and other assets of our brokerage partner (Apex Clearing) and are fully insured as described above.No proprietary trading: Our brokerage partner, Apex Clearing, performs no proprietary trading, the cause of the failure of MF Global.No rehypothecation: Wealthfront clients only have cash accounts (vs. "margin accounts") at Apex Clearing. That means at no time can the cash or securities held in your account be loaned out or borrowed by Wealthfront or Apex.Note: Please do not confuse the term "safe" with any guarantee that your account won't potentially gain or lose value over time. By their nature, equity and fixed income investments involve more capital risk than bank deposits.

Wealthfront maximizes the protection of client assets by providing multiple layers of protection:Third party custodian: Client assets are held in an account at a third party custodian named Apex Clearing. Wealthfront only has the right to issue trading instructions against your account. It cannot access your cash other than to receive its monthly advisory fee. You are the only one who can deposit to or withdraw from your account.SIPC Insurance: Your brokerage account is protected by SIPC insurance. This insurance covers up to $500,000 in securities for each type of account you hold with Wealthfront. An IRA is considered a different type of account than a taxable account for this purpose, but different types of IRA accounts are considered one account for this purpose. SIPC insurance also covers up to $250,000 in cash – which almost always exceeds the minimal cash balance we maintain to pay your fees.Additional coverage: Apex Clearing has secured excess SIPC insurance that provides an additional $150 million of coverage across all its clients. This insurance should be more than enough given that over the past 42 years 98.7% of client assets were recovered in failed brokerages even before SIPC insurance was employed.Everything is held in street name: Wealthfront only invests in SIPC covered securities registered in street name at the Depository Trust Company (DTC). That means the securities purchased on your behalf by Wealthfront are held separately from other Wealthfront assets and other assets of our brokerage partner (Apex Clearing) and are fully insured as described above.No proprietary trading: Our brokerage partner, Apex Clearing, performs no proprietary trading, the cause of the failure of MF Global. Even the failure of MF Global did not result in a loss to investors' capital.No rehypothecation: Wealthfront clients only have cash accounts (vs. "margin accounts") at Apex Clearing. That means at no time can the cash or securities held in your account be loaned out or borrowed by Wealthfront or Apex.As per Bill's answer, Wealthfront provides a more detailed answer for this on the site: Frequently Asked Questions