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Olymp Trade review



Olymp Trade

OLYMP TRADE review 2021: reliable and time-tested broker for trading in the financial markets Forex (Fx) and Fixed Time Trades (FTT). Read on for a full review.





Content:
Information about Olymp Trade
Detailed overview
Trading platform
Variety of tradable assets
Types of accounts
Deposit
Mobile application
Practice
Education
How to earn
Thailand
Indonesia
Olymp Trade India review
Nigeria
Support information
Special features
Pros and cons
Frequently asked questions - FAQ
Reviews
Summary


Information about Olymp Trade


Broker

OLYMP TRADE

Website

olymptrade.com

Online Since

2014

Platform

Fixed Time Trades, Forex

Assets

Currencies, Crypto, Indices, Stocks and Metals, etc.

Deposit

from $10

Minimum Transaction

$1

Maximum Transaction

$5000

Bonus

FREE DEMO ACCOUNT

Payout

80%* for Standard, 92%** for Expert accounts

Depositing and Withdrawing

Credit/debit cards Visa, Mastercard, UnionPay, ePayments, Neteller, Skrill, WebMoney, FasaPay

Withdrawal Methods

The same method that you used to replenish the deposit

Account Types

Standart 10-2000 USD Deposited, VIP 2000+ USD Deposited

Account Currency

USD, EUR, BRL, CNY, INR, IDR, THB

Customer Support Types

Email, web form, live chat, telephone, paper mail

Education Offered

Basic articles and presentations on strategies

Tools Offered

Economic calendar, signals (in-platform), early close, risk-free trades, Heiken Ashi, tick charts

Regulation

Regulated by FinaCom PLC

Awards

Best Customer Service Broker - Global Brand Awards 2019

Languages

English, Spanish, Portuguese, Arabic, China, Hindi, Indonesian, Vietnam, Thai and other

Free Demo

Yes, FREE

US

Not Accepted

Mobile App

Yes

Tablet

Yes

Rating:

9,8 / 10

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Detailed overview


Olymp Trade is an international broker and member of the Financial Commission. It provides each trader with legal support, and it guarantees compensation up to $20,000 for each covered event. The company was founded in 2014. Its payouts are up to 92%** and risk-free trades. Regulated by Financial Commission (FinaCom PLC). Olymp Trade provides a high-quality platform (Forex, FTT), a low starting deposit and free training courses for everyone, thanks to this, has become one of the industry leaders.


Focus on innovation, reliability, excellence and broad array of services offered by the company have been recognized multiple times by prestigious awards from business editions and exhibition brands.


Awards:
✅ "Best Financial Broker" CPA Life Awards 2017
✅ "Best Broker" Forex Expo 2017
✅ "Best traders FB community in Thailand" Traders Fair 2018
✅ "Best Customer Service Broker" Global Brand Awards 2019
✅ "Best Support Broker" FXDaily Award 2020


Login to the platform is available for registered users. You must enter your email address and password, check "I'm not a robot" when registering. When filling out the registration form on the website, please carefully read the risk information provided in the link: https://olymptrade.com/terms, and be sure to read and click the "I Agree" button for successful registration.



BrokerDemoMin DepositPayoutloginWebsite
Olymp Trade ReviewFREE DEMOfrom $1080%* for Standard, 92%** for VIP accountsLoginvisit site

The website is very well designed and navigated using the drop down menu located on the right side. All of their Terms and conditions can be easily viewed at the bottom of the pages.


The Olymp Trade offers a number of important functions to all its traders - risk-free trade and personal consultant. The minimum deposit is from 10 dollars, which is enough to invest even beginners. The account is equipped with free market analytics and a personal manager. Traders are also entitled to easy access to the financial market and payouts of up to 92%**.

Each trade made at OlympTrade is insured for $20,000, and all deposits are held in a separate account with the European Bank. At the time of writing this review, the company had 370,000 active traders. The trading environment is transparent, and you can view the quotation history of any asset available on the platform.


Olymp Trade review

Trading platform


OLYMP TRADE offers a trading platform where registered traders can open trades on forex currency pairs, bitcoin and cryptocurrency, FTT and commodities. The platform offers Fixed Time Trades and FOREX trading. These accounts are separated and have a different interface.

Classic FTT for trading are available on the platform. The expiry time varies from 60 seconds to 3 hours. Thus, this broker is the best choice for beginners and professional traders who prefer short-term deals. Investors can confirm how well the platform is designed.

You can try out Fx and FTT strategies in demo mode to explore the platform. There are many assets and indicators available. The demo already has virtual money in the amount of 10,000, and it can be replenished when the balance is less than 5,000. The user can choose between a real and virtual account. For example, test the strategy in a demo version after switching to a real account.
The demo is provided free of charge only after registration. You need to log in and sign up in order to access the demo account.



Variety of tradable assets


Assets include currency pairs, stocks, indices, and commodities. Among all the assets, here are some of the most popular:
✅ Brent Oil, Silver, Gold,
✅ Currency Pairs,
✅ Crypto Currencies - Bitcoin, Ethereum, and more,
✅ Exchange-Traded Funds (ETF).


OlympTrade


Types of accounts


Demo. This account is provided free of charge (Forex, FTT) with a balance of 10,000 virtual units. Interested parties can simply register on the site and the demo will be available immediately.
Olymp Trade offers a trial demo for free, and it is good to keep in mind that:
The demo is funded with 10,000 virtual money, which is more than enough for experimentation and understanding the platform. Demo is also a very important step for testing strategies, recommended even to experienced traders.

Standard (Starter, Advanced). To use this account, from $10 or equivalent in another currency is required, transactions from $1. The maximum possible profit that one can get is 80-percent* of the investment made. When it comes to the withdrawal of funds, the minimum amount that can be withdrawn is $10 with no set limit for the withdrawal. Withdrawals can take an average of 1 day, with a maximum waiting time of 3 days.

VIP (status Expert). VIP account provides a new set of advantages and benefits for its users. The platform offers a private consultant to solve any problems of VIP status owners. Exclusive webinars are hosted for VIP members, offering unique and tailor-made strategies and risk-free trades with higher profit potential. A VIP account can be opened by anyone who deposits an amount equal to or greater than US $2,000. VIP owners receive up to 92%** of the return on their investment. It is 10% higher than the standard account. In the opinion of traders, many of the VIP features were found to be extremely useful for successful trading.



Deposit


The minimum deposit is only $10. You can get additional funds when you make a deposit in the form of bonuses. The bonus amount depends on the one of your deposit: the larger the deposit, the larger the bonus.



Mobile application


How to install the application from the official site.
OlympTrade provides a free Android app for Android devices and an iOS app for iPhone devices. These mobile apps ensure that traders can open trades on the go, anywhere, anytime.



Practice


Olymp Trade practice account is entirely free of charge. Demo is a universal learning tool that should be used by any investor who wants to test their skills, the direction of stock movements or the accuracy of price forecasts. It can be opened for free, who wants to learn about a brokerage platform, Forex, bitcoins and FTT.


Olymp Trade demo


Education


Also has an education section with articles and videos available to only the registered traders. This is where beginners can access the beginners course. There are also different strategies that are explained, and also videos that provide further information. Any learning materials are easily accessible from the Finance Educational Platform OlympTrade.


Assistance in professional growth


How to earn


To trade and make money on your predictions, you must sign in and register on the website. The demo with a virtual balance of 10,000 can be used only for training and does not bring real money. To start earning, you need to replenish the deposit for the required amount. Then switch the button in the platform from the demo to real. Trade for real money to earn more on the right forecasts. The minimum amount of the transaction is 1 dollar.



Thailand


Olymp Trade in Thailand offers an award-winning online platform. The Thailand branch is one of the leading, most popular and fastest growing online brokers in the South Asian region.


The FX and FTT platform operates in Thai. 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 and the Thailand.

The mission of the company is to simplify the process of online trading in the financial markets and make it accessible to any Thai citizen. The company wants to provide residents of Thailand with a well-known potential for profit from FTT. Thai broker has a payout of up to 92%** of the amount of investment. In Thailand, this is the best Forex and FTT.



Indonesia


Olymp Trade Indonesia provides access to Forex and FTT trading. The main objective of the company is to become the number one online broker in the Pacific and around the world. The Indonesian division is a second-generation Internet broker that includes all the technical tools necessary for online trading without the need to download software or sophisticated equipment. Any Indonesian from any computer or mobile application on a smartpfone can access the platform and open a training account for free to learn about the stock market and the fixed time trades.


In Indonesia currently offers FTT in the stock and currency market. The Indonesia division members reviews reported high levels of customer satisfaction. Learning materials and the practice account are excellent for learning to invest. The best advertising comes from thousands of registered users in Indonesia who trade through Olymp.

For users from Indonesia Link



Olymp Trade India review


Is Olymp Trade legal in india? This broker is very popular in these countries this year and we are getting more and more questions from Indian traders. So If you are from India and are interested in online trading in financial markets, answer: yes, it accepts traders from India. Moreover, FTT and Forex are attracting more and more people from India.

As stated above, you have many possible ways to deposit and withdraw: Visa, MasterCard, Astro pay, Neteller, Skrill, WebMoney, etc. So you don't need to worry about it, there is always a way how to deposit, and withdraw money from the broker.



Nigeria


We also receive a lot of questions from Nigeria and other African countries, and these are similar to the questions we receive from users in India and Pakistan. So, if you are from Nigeria or another African country, you can open an Olymp Trade account, it is allowed.

Deposit and withdraw methods are same as for any other country. For possibilities - check above.



Support information


Support is easily available in several ways. They can be contacted by phone, live chat, email. Live chat and phone call are the fastest means of contacting customer support, but if you are not in a hurry, you can use the email address and your letter will be considered.

OlympTrade offers 24/7 customer support in eight languages. On average, online support takes 15 seconds to answer questions and requests from their customers. You will find a comprehensive help center with frequently asked questions (FAQ). If you cannot find the answer to your question in the FAQ, you can use the following methods to connect with a customer support agent. Here are the various ways to get in touch with a customer support agent:

Hot line:
912271279506 India, New Delhi,
27 (21) 1003880 for Cape Town, South Africa,
234 (1) 2279021 Lagos, Nigeria,
54 (11) 59175747 for Buenos Aires, Argentina,
These hotlines are available round the clock 24/7.

E-mail - Ask your question at support-en@olymptrade.com and get a response within 1 business day.
Live Support - Click on the Open Chat link on the support page to launch the live chat window.
Online Contact Form - Use the online contact form on the support page to connect with a customer support agent.
Social Media - The online broker also supports social interaction through YouTube and Facebook.



Special features


Olymp Trade is an online broker with a Forex / FTT platform. And it will be useful for traders who are looking for a profitable way to invest, make reasonable profits and learn new strategies along the way.

One of the best feature free registration to new members with virtual free $10,000 for demo. The demo allows the new member to hone their skills, master strategies, learn the basic rules and find out what to expect before starting with real money.

In addition, they offer their traders the lowest investment level from 10 dollars. Registered members can start with a minimum amount of $1. Broker also offers novice traders a low loss rate, making it ideal for those new to the trading world.

Traders can choose a account in dollars as the base currency. This selection was made during registration and cannot be changed later. Therefore, the trader should choose his or her base currency wisely.

All features show that they are intended for both experienced traders and especially beginners.



Pros and cons


Benefits:
Attractive spreads
Leverages of up to 1:400
Variety of payment methods available
MT4 supported
Beginner-friendly
77 assets to choose from
Low deposit amount
Intuitive design
User friendly mobile app
Excellent customer support
Supports multiple languages
Offers VIP Program, including risk-free incentives and personal consultant
It has a trading academy


Drawbacks:
Only two account types



Frequently asked questions - FAQ


Do they have a decent mobile or tablet app?
Any good broker needs to ensure that they have a decent app. Here is no exception, both their website and mobile app are easy to use on all handheld devices.


What bonus do they offer for new traders?
We have negotiated an exclusive bonus with Olymp Trade, deposit in your live account within an hour after registration, and they will provide you with a welcome bonus.


Is Olymp Trade legit, will they scam me?
Any fixed time trades broker that we recommend is always checked and vetted by our experienced team and Olymp Trade was found to be entirely legitimate.


Can I start trading on a free demo account?
Yes, OlympTrade offers all registered account holders a demo version with 10,000 virtual money.


What's the minimum deposit and trade amount?
OlympTrade is one of the few brokers offering a deposit from $10. Minimum trades of $ 1 or more are accepted.



Reviews


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 platform did you choose? They replied that they were using the Olymp Trade.

Serg V., Vietnam, review:
I went to the official site olymptrade.com I tried to put $600. It became a bit more than 1000 dollars. Most importantly, I was able to withdraw money.

Viktor F., Thailand, review:
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 Olymp Trade.

Tatiana G., India, review:
The main advantage of this way to make money is minimum time required. I'm at university now, the attendance is strictly monitored, so I cannot lose focus from study for a long time. I'm trading on signals and everything is smooth sailing now! Is olymp trade real. The income is quite good: I shouldn't stretch finances or count on parents. Before I was too emotional and screwed everything up several times. I'm much better now - gained experience and signals helps me a lot.

George T., Indonesia, review:
The priorities may vary depending on a trader, but trust and honesty of a broker are very important for me. I've been working with Olymp Trade since 2014. Firstly, my strategy didn't work at all, I lost some money several times. But I'm not tend to get the jitters, so I've managed to earn pretty well recently. The broker has never had problems with withdrawals. Support just approved my identity and withdraw 1606 USD without any issues. Thanks, OlympTrade! I'll trade with you for a long time! Wish you success!

D. K., India, review:
So, my trial day shows that even a beginner could study everything out. I've finished Academy course and tested it on demo. When I got it, I used bonus for Academy and added some real money. So I didn't worry when started trading, due to training. If you've decided to try, my advice is to use demo first. You'll be more efficient in real trading. And no mistakes because of emotions.

O. R., India, review:
Finally, I found a convenient company! I truly love the feature of fast withdrawal. Nothing compares to money coming to your credit card! I rely on my own trading strategy and feel calm about it. I can earn my month salary just opening 5-6 successful trades. I was trading on forex previously, but when I tried fixed time trades, as this instrument is much more convenient and less time-consuming. I recommend it to all forex-traders, if they are tired from long-term trading.


OlympTrade is available from more than 165 countries: Indonesia, Malaysia (Malay), Philippines, Vietnam (Viet Nam), Taiwan, Thailand (Thai), Bangladesh, Singapore, China, Hong Kong, South Korea, India, Sri Lanka, Pakistan, Turkey (Turkish, Turkiye), Bahrain, Kuwait, Qatar, Oman, United Arab Emirates (AE), Saudi Arabia (SA), Iraq, Jordan, Yemen, Lebanon, Libya, Morocco, Palestinian Territories, Syria, Argentina, Brazil, Chile, Peru, Venezuela, Uruguay, Colombia, Mexico, Ecuador, Algeria, Egypt, Tunisia, Zimbabwe, Namibia, Mozambique, Tanzania, Sudan, Ethiopia, Kenya, Nigeria, South Africa and other countries.



Summary


Olymp Trade review summary: The broker was created to be the easiest to use trading platform available. Its simplified interface and streamlined technology enable traders of all skill levels to quickly master successful trading. It is a one-of-its-kind platform dedicated to ensure that each of its users is being able to maximize their earning potential.


Download the free mobile app - Start earning with millions of traders around the world!



The profitability and transaction times for FTT and FX products differ.

* If your deal wins, you get a profit of 80% of your investment.

** If your deal wins, you get a profit of 92% of your investment.


Risk disclaimer

P / S: Be sure to write your opinion below in the comments. Success to you!


Tags: olymp trade, review



See Also:
Registration form
OlympTrade login
Training
How to make money