Olymp Trade review

Updated October 13, 2021

What is Olymp Trade? Olymp Trade review 2021: Read on for a full review, information about Olymp Trade.

Information

Broker OLYMP TRADE
Website www.olymptrade.com
Online Since 2014
Platforms Available Desktop, Mobile (Fixed Time Trades, Forex)
Assets Offered Currencies, Cryptocurrencies, Indices, Stocks, Commodities
Deposit from $10
Minimum Transaction $1
Maximum Transaction $5000
Bonus Up to 50%
Payout 80%[1] for Standard, 92%[2] for Expert status
Payment Types Accepted Bank cards, Visa, Mastercard, UnionPay, Digital wallets (ePayments, Neteller, Skrill, WebMoney, FasaPay, etc.), Cryptocurrencies
Withdrawal Methods The same method that you used to replenish the deposit
Account Types Standart 10-2000 USD Deposited, Expert 2000+ USD Deposited
Free Demo FREE DEMO ACCOUNT
Account Currency USD, EUR, BRL, CNY, INR, IDR, THB
Customer Support Types Email, Chat, Phone
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, Turkish, Arabic, Chinese, Hindi, Indonesian, Vietnam, Thai and other
US Clients Not Accepted
Mobile App Android, iOS
Tablet Yes
Rating: 9,8 / 10

Content:
Detailed overview
Compliance and regulation
Platform
Variety of tradable assets
Accounts
Mobile application
Practice
Education
Thailand
Indonesia
India
Nigeria
Support information
Special features
Pros and cons
Frequently asked questions - FAQ
Traders reviews
Summary

Detailed overview

Olymp Trade

To find out what Olymp Trade is, read a detailed review.

Olymp Trade is an international broker providing access to trading on financial markets and a member of the Financial Commission. The company was founded in 2014. OlympTrade 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. At the time of writing this review, the company had 370,000 active traders.

Olymp Trade offers a number of important functions - risk-free trade and personal consultant. The minimum deposit is from 10 dollars. Equipped with free market analytics and a personal manager. Users are also entitled to easy access to the financial market.

To make money on your predictions, you need to register on the site. 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.

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.

Olymp Trade compliance and regulation

Regulated by Financial Commission (FinaCom PLC), an external dispute resolution body in the field of online trading. Olymp Trade is registered as an A-class broker with this commission. In case you have any complaints against the broker, you could appeal to FinaCom and get your disputes resolved. Each trade is insured for $20,000 and all deposits are kept in a segregated account with a European Bank. This is a unique and appealing insurance for traders, which is not a common offering in the industry.
Please note that the platform does not accept users from North America and Europe. The key region that is targeted by this broker is Asia. All terms and conditions can be easily viewed at the bottom of the pages on the official website.

Olymp Trade review

Platform

Olymp Trade offers a trading platform where registered user can open trades on forex currency pairs, bitcoin and cryptocurrency, FTT and commodities. You can view the quotation history of any asset available on the platform. Fixed Time Trades and FOREX trading are available. These accounts are separated and have a different interface.

Classic FTT are available. Deals range from 60 seconds to 3 hours. Thus, Olymp is the best choice for beginners and professional traders who prefer short-term deals.

You can try out Forex and FTT strategies in training mode to learn the platform. There are many assets and indicators available. The demo already has virtual balance in the amount of 10,000. 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. Provided free of charge only after registration. To start online trading, you need to log in.

Variety of tradable assets

Assets include currency pairs, stocks, cryptocurrencies, indices, and commodities. Among all the assets, here are some of the most popular:
✅ Commodities - Brent Oil, Silver, Gold and more;
✅ Forex currency pairs;
✅ Cryptocurrencies - Bitcoin, Ethereum, LiteCoin, Monero, Ripple and more;
✅ Exchange-traded funds (ETF).

OlympTrade

Accounts

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

Standard account. Minimum deposit from $10. Withdrawals can take 1 day, but funds are usually withdrawn in minutes if you have a verified account.

VIP (status Expert). Deposit from $2000. Fast deposit and withdrawal of funds. VIP provides a new set of advantages and benefits for its users. Olymp 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. In the opinion of users, many of the VIP features were found to be extremely useful for successful trading.

BrokerDemoDepositWebsite
Olymp Trade ReviewFREEfrom $10visit site

Mobile application

How to install the application from the official site.
Provides a free Android app for Android devices and an iOS app for iPhone devices. With this mobile app, users can open deals on the go, anywhere and anytime.

Practice

Olymp Trade practice account is entirely free of charge, who wants to learn about forex, bitcoins and FTT. 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.

Olymp Trade demo

Education

Also has an education section with articles and videos available to only the registered users. 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 available on the official website.
Furthermore, the company has a blog that helps traders to keep up with the latest trends and strategies.

Assistance in professional growth

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. In Thailand, this is the best Forex and FTT.

Indonesia

Olymp Trade Indonesia provides access to Forex and FTT. 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 open a training account for free to learn about the forex, 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 practice are excellent for teaching investing. The best advertising comes from thousands of registered users in Indonesia who trade through Olymp.

India

Is Olymp Trade legal in india? Olymp is very popular in India this year and we are getting more and more questions from Indian users. So If you are from India and are interested in online trading in financial markets, answer: yes, it accepts users 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 an easy way how to deposit, and withdraw money.

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. Is Olymp Trade real? So, if you are from Nigeria or another African country, you can open an 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 - supports social interaction via YouTube and Facebook.

Special features

Olymp Trade is an online broker with a Forex / Fixed Time Trades. And it will be useful for users 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. 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 users the lowest investment level from 10 dollars. Registered members can start with a minimum amount of $1, it ideal for beginners.

Users can choose an account in dollars, euros, Indian rupees, Indonesian rupees, Brazilian reals, Thai baht, and Chinese yuan as the base currency. This choice must be made at the time of 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.

Review - pros and cons

Pros

  • Attractive spreads from 0.0 points
  • Leverages of up to 1:500
  • Variety of payment methods available
  • $0 deposit/withdrawal fee
  • Beginner-friendly
  • Wide range of assets
  • Low initial deposit
  • Intuitive design
  • User-friendly platform, mobile app
  • Excellent customer support 24/7
  • Supports multiple languages
  • Offers VIP program, including risk-free deals and personal consultant
  • Extensive training options, it has a trading academy

Cons

  • Only four types of accounts
  • Does not accept US, EU clients

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 OlympTrade, 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 OlympTrade 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.

Olymp Trade reviews

Traders reviews. Reviews of real users 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:
I went to the official site www.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:
OlympTrade real and the deposit has replenished. Now I write to you with gratitude. For 1.5 months I was able to earn $9850. I continue to earn more.

Tatiana G., India:
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! OlympTrade 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:
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 OlympTrade 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:
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:
Finally, I found a convenient company! Is OlympTrade real! 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.

 

Available to users from over 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.

Review summary

Olymp Trade review 2021: reliable and time-tested broker for trading in the financial markets Forex (Fx) and Fixed Time Trades (FTT).

Olymp has created the easiest to use, intuitive and reliable trading platform. 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 users around the world!

 

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

Risk disclaimer

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

 

See rating:

Best Forex brokers and trading platform in 2021.

See also:
OlympTrade login
Free education on how to trade on financial markets

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