Olymp Trade review
Olymp Trade is a options broker which is quickly turning into one of the industry leaders. Read our in-depth review Olymp Trade to find out if it's worth the try.
Bonus: Up to 100%
Broker Name: «Olymp Trade».
Platform: Options, Forex, CFD, Bitcoin.
Options Payout: Up to 92%.
Bonus: Up to 100%.
Variety of Assets: 110+.
Free Demo Account: Yes, Allowed (10000 virtual money).
Minimum Deposit: $10.
Min Trade Amount: $1.
Max Trade Amount: $2000 (5000 for VIP).
Down payment approaches Visa, Mastercard, ePayments, Webmoney, QiWi Wallet, Yandex, Fasapay, Bitcoin. (Skrill, Neteller is additionally enabled according to their site FAQ web page).
Charges for Depositing and Withdrawing: No costs. It’s FREE.
Withdrawal Methods: The same method that you utilized to withdraw loan.
Olymp Trade is a trademark of the Smartex International Ltd. Brokerage company, which provides options trading services.
The broker Olymp Trade was founded in 2014. Its payouts are up to 92%.
Olymp Trade is regulated by Financial Commission (FinaCom PLC).
Awards of broker
"Best Options Trading Platform” - Le Fonti 2018
“Best Financial Broker” - CPA Life Awards 2017
“Best Options Broker” - Forex Expo 2017
“Innovative broker” - IAFT Awards 2017
"Best Options Trading Platform” - Le Fonti 2016
“Best Options Broker” - Awards 2016
The "Fastest Growing Broker" - ShowFx World 2016
Olymp Trade official site
Olymp Trade official website entrance. Link to the official site of the Olymp Trade - https://olymptrade.com
Olymp Trade official website - entrance
Log on to the platform is available to registered users. You should enter e-mail and password, tick "I'm not a robot". Or go through the social network, which was chosen when registering at the Olymp Trade.
The broker’s website is very well designed and it is navigated by a drop-down menu bar that is placed on the right-hand side. All their Terms and conditions can be easily viewed at the bottom of the pages.
Olymp Trade Features
Olymp Trade traders can choose a trading account in US dollars or euros as the base currency. This choice is made during the account registration and can not be altered later on. Therefore, the trader should choose his or her base currency wisely.
The minimum deposit that a trader can make with this broker is $10, which is low enough for even beginners with lower amounts of cash to invest. $10 is the lowest amount of minimum deposit that any broker in the field of options can ask for.
The Olymp Trade broker offers a number of important features to all its traders who deposit funds with them. The trading account is equipped with free market analytics and personal manager. The traders are also entitled to an easy access to financial market and a payout of up to 92%.
All traders who register with Olymp Trade are qualified to get bonuses as well as other promotions offered by the broker. However, the conditions of the bonuses are set out on their website; they are left to your manager to advise you accordingly.
Olymp Trade VIP account provides a new set of advantages and benefits for its users or investors. The platform offers a private consultant to address and take care of any concern of the VIP account holders. There are exclusive webinars for the VIP members, and unique and tailored trading strategies with higher profits generation potential are offered for them. The VIP account can be opened by anybody who makes a onetime deposit equal or higher than 2000 USD or 2000 EUR into his trading account. The VIP holders get up to 92% of revenue or profits from their options investments. It is 10% higher than the standard account. The OlympTrade reviews found the many features of the VIP extraordinary useful.
Account confirmation Olymp Trade. Also, to enjoy these services without difficulties, ensure your trading account if fully verified.
Platform Olymp Trade
Olymp Trade uses its proprietary trading platform where registered traders can choose to trade different currency pairs and commodities.
The platform offers trading on the «Olymp Trade OPTION» and «Olymp Trade FOREX». These accounts are separated and have a different interface.
Unfortunately, with their trading platform, the only type of options available for trading is the classic high/low. The expiry time varies from 60 seconds to 3 hours. Therefore, this broker is a better choice for options traders who prefer short expiry times. The short expiry times also has higher risk but it is more profitable.
But for you to trade there are no downloads that are required. Traders carry out their trading in selected Internet browsers.
The Olymp Trade platform is very user-friendly. The trading chart is positioned on the right side of the website, while the area for viewing the placed trades is on the left. Their website has bright colors are thus showing exactly what each element is for and thus removing any confusion, even when it comes to inexperienced traders.
Furthermore, on the bottom of the trading platform Olymp Trade, traders will see a table that contains all their trading history which gives the traders an amazing overview of their trading history as well as their previous decisions.
The broker Olymp Trade also provides an free Android app for Android operated devices and an iOS app for iPhone devices. This mobile app ensures that traders can trade on the go at whichever location and at whatever time provided it is within the allowed trading hours.
Download from the official site - olymptrade.com
You can try out strategies for trading with options through a demo-mode. It is available only after registration.
Demo account is free, it opens automatically. The user of the Olymp Trade can choose between a real and a virtual account. For example, to test the strategy in a demo, after moving to a real account.
Olymp Trade Broker offers a trial demo for free, and it is good to keep in mind that:
- You have to be sign up with the Olymp Trade broker in order to be allowed access to the demo account.
- The demo is funded with 10,000 virtual money which is more than enough for experimenting and also understanding the broker’s trading platform.
- The demo is also a very prime stage for testing strategies.
- Demo account is by all means recommended even to experienced traders.
How Soon Can You Start Using The Olymp Trade Demo?
Once the users had finished the OlympTrade demo sing up, the users can start practicing or investing with virtual or fake money on the platform. The demo account gives 10.000 USD or EUR depending on the currency selected, for the account holders perusal. Taking into consideration that the minimum order accepted by the platform is one USD, anybody can take advantages of up to 10.000 positions. Simultaneously, the demo gives access to all the analytical tools, indicators, and oscillators included in the platform. Additionally, the demo lets investors use each of the broker investments modalities.
Olymp Trade Practice
OlympTrade practice account is entirely free of charge. The investors can corroborate how well design the platform. The practice account does not have an expiration time. The investors can use it as long as they keep a favorable balance from the 10.000 USD of virtual money they received when they open their practice account. The setting and management are similar to the other two accounts available, with real-time market quotes. The practice account is a versatile learning tool, which should be used by any investor, who wants to test his trading skills and his stock moving direction or price anticipation accuracy. The can be opened by anybody, who wishes to learn about the broker trading platform or options trading.
Olymp Trade Thailand
Olymp Trade Thailand. Olymp Trade Thailand offers a platform for online trading, award-winning, security and transparency of the broker for Thais. The Thailand branch is one of the leading, most popular and fast-growing online brokers in the South Asian region. The Thailand broker processed more than 26777879 options trading orders during the last month.
Olymp Trade Thailand Trading Platform
The Olymp Trade Thailand trading platform is in the Thai language with the Thai characters and symbols, to avoid any misunderstanding or time delay translating from any foreign language. Additionally, the Thailand customer service is provided on Thai language 24/7, the Thailand employees received the same high standard training as any other of the best service financial product companies’ customer service representative. There is no other difference but the language between the users of the rest of the world platform and the Thailand trading platform.
Olymp Trade Thailand
Olymp Trade Thailand offers the three different account types. Thailand only difference is the language from the original Olymptrade broker main site. The Thailand broker mission is to simplify the options trading process and make it accessible to any Thai. The Thailand broker wants to provide the already known profit generation potential of the options trading to the people of Thailand. The Thailand broker has a payout of up to 90% of the investment amount. In Thailand, it is the preferred internet options broker.
Olymp Trade Indonesia
OlympTrade Indonesia is one of the latest Internet broker services provides by the internet forex and option broker. The primary focus of the Indonesia broker is to become the number one options internet broker in the Pacific region and worldwide. The Indonesia division is a second-generation internet broker, which incorporate all the technical tools needed to perform options trading online without any need for software download or sophisticated equipment. Any Indonesian from any computer can access the Indonesia broker and open a practice account for free to learn about the stock market and the options trading.
Olymp Trade Indonesia Trading Modalities
Olymp Trade Indonesia currently offers options for the stock and forex market. During the last month, the Indonesia division paid out 7.379.538 USD to its registered users for their options trading profits and revenues. The Indonesia division members’ reviews reported high levels of customer satisfaction. The Indonesia division members indicate that the learning materials and the practice account are excellent for learning to invest on the platform. The Indonesia division best publicity is done by word of mouth of thousands of Indonesian registered users, who are making money from their options investments.
Olymp Trade also has an education section with articles and videos available to only the registered traders. Here beginners can get access to the beginners’ course which only takes 15 minutes. There are also different trading strategies that are explained, and also videos that provide further information. Any learning materials are easily accessible from the Olymp Trade Academy.
Just as with most options brokers, the Olymp Trade broker has a very responsive and supportive customer support team. This forms the basis of the relationship between any broker and their traders.
The broker’s support team is easily reachable in a number of ways. They can be reached via phone, live chat or email. The live chat and the phone call are the fastest means of communicating with the customer support, but if you are not in a hurry you can use the email address and your grievances will still be handled.
Olymp Trade is available in more than 165 countries:
Indonesia, Malaysia, the Philippines, Vietnam, Taiwan, Thailand, Singapore, China, Hong Kong, South Korea;
India, Sri Lanka, Pakistan, Iran, Turkey, Bahrain, Kuwait, Qatar, Oman, United Arab Emirates, Saudi Arabia;
Argentina, Brasil, Chile, Peru, Venezuela, Uruguay, Colombia, Mexico, Ecuador;
Kenya, Nigeria, South Africa and other countries.
Except the USA, Canada, Australia, Japan, Great Britain, the European Union, Israel and Russia.
Olymp Trade is a trading system with a option based platform. It offers particular functions that are contingent with a customer’s perspective. These features may sound more enticing to a trader who is new to the world of trading than to one who is already big on making significant investments.
Olymp Trade appeals mostly to new and inexperienced traders who are looking for a risk-free and profitable way to invest their money, make reasonable profits and learn new strategies along the way.
One of the best feature of Olymp Trade is that it offers free registration to new members with virtual credits of $10,000. It is to provide new investors with a general idea of how the whole system functions.
A demo Olymp Trade allows a new member to hone their trading skills, get accustomed with the strategies of the options trading, learn about the ground rules and get familiarized with what to expect before they begin trading with real money.
In addition, they offer their traders the lowest investment level of 10 dollars. Registered Olymp Trade members can start trading with a minimum amount of $ 1.
While being the most moderate to low risk platform. Olymp Trade also provides newbie traders with a low rate of profit and loss making it ideal for someone who is just stepping into the world of trading.
All the features of the Olymp Trade broker show they are set to serve all options traders and especially the newbies.
Pros and Cons of Olymp TradePros:
Comprehensive Trading Education.
Superb client support.
Risk-Free Trade rewards.
Extremely low minimum deposit.
Not available in Australia, Canada, United States, Japan, United Kingdom, European Union (all countries), Israel, Russia.
Reviews of real traders
Reviews of real traders in the comments. We were encouraged by the comments of traders. We tried to understand this situation.
One question was enough: which trading platform did you choose? They responded that they use the Olymp Trade platform. Asked to provide a link site. They recommended trying to apply their strategies on the official website of the broker, provided a link.
Serg V. - review:
I went to the official site Olymptrade. I tried to put 600 usd. It became a bit more than 1000 dollars. Most importantly, I was able to withdraw money.
Viktor F. - review:
"Olymp Trade". And the deposit has replenished. Now I write to you with gratitude. For 1.5 months I was able to earn $9850. Continue to earn more, with the official site of the broker, OlympTrade.
P / S: Be sure to write your opinion about the Olymp Trade below in the comments. Success to you!
Start earning with millions of traders around the world - www.olymptrade.com (Start trading).
Olymp Trade review Reviewed by FxTactic on September 20, 2018 Rating: