|Olymp Trade website|
|Trading software||Olymp Trade platform|
|Headquartered||Inlustris Ltd., James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines|
Olymp Trade is an international online trading platform that has offered its services since 2014. The “Olymp Trade” brand belongs to Smartex International Ltd., which is registered in St. Vincent and the Grenadines. The company has 20 mln. customers worldwide and seeks to make Forex trading transparent and affordable to everyone. Activities are regulated by the International Financial Commission.
The company offers trading totally without spread, displaying only one price per each of the 42 assets. Apart from the currency pairs, this list consists of cryptocurrencies and metals.
Trading happens via a Web Platform, no need to install any software on your computer.
Intuitive interface of the platform makes Olymp Trade a particularly good choice for beginners. The trading charts are customizable into 4 views: area, bars, Japanese candlesticks and Heiken Ashi. For technical analysis 19 indicators are available.
The company can boast one of the lowest market entrance costs in the industry, the initial deposit being only 10 USD/EUR. The minimum transaction amount equals 1 USD/EUR, and leverage ranges from 1:5 to 1:200 depending on the asset category. The leverage is realized in a simplified form of a Multiplier rate.
“Take Profit” and “Stop Loss”, the essential risk management tools are accompanied by a “Stop Out” feature, which prevents your losses from ever exceeding deposits. Trading automatically stops when your invested funds have been used up.
Olymp Trade customers can open Forex positions in a demo mode – the account is free and has 10,000 rechargeable demo units on the balance. Experienced traders have an option to be upgraded to VIP status with 2,000 USD/EUR deposit, and get access to exclusive strategies, a personal account manager, and some other perks.
Other trading terms include a competitively-sized and transparent commission for opening a position and a swap fee. For closing no commission will be charged. The trader has no extra costs when depositing or withdrawing money – as these will be borne by Olymp Trade.
The company offers a variety of payment methods: Visa and Mastercard, electronic wallets like Skrill, Neteller, etc., Bitcoin and local banks. Time of processing a withdrawal request is 24 hours on average for regular customers and several hours for VIP users.
Besides, Olymp Trade pays special attention to education – traders will find a lot of useful learning content on the company website, including articles, webinars and video tutorials on the important aspects of trading.
The technical support desk operates 24/7 – multilingual team of specialists, reachable via e-mail, phone and live chat, will always be there to respond promptly and efficiently.
The high quality of Olymp Trade services has been confirmed by 6 prestigious industry awards including Show FX World Prize and Forex Expo.
Olymp Trade (OT) is focused on providing access to markets regardless of the size of the investor. OT began in 2014 but now has over 200,000 clients on their platform monthly. OT has no hidden fees or commissions, and no fees on deposits and withdrawals.
OT offers a wide range of currency pairs, commodities, and exchange traded funds to their clients. OT is recognized by both its clients and its peers as a superior brokerage service and was the Best Trading Platform of 2018 according Forex Awards.
OT clients trade Forex on a state of the art platform with customizable tools for analysis. OT is dedicated to the education of its clients providing free tutorials, access to professional traders, and other media in multiple languages and 24 hours a day customer service in 13 languages.
The International Financial Commission rates Olymp Trade as a Category A Broker. Another example that OT truly believes in giving its clients what they need for successful trading.
|Address||Inlustris Ltd., James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines|
|Headquarters||St. Vincent and the Grenadines|
|Free phone||+27 (21) 1003880 - Cape Town, South Africa +66 (2) 026-03-56 - Bangkok, Thailand +54 (11) 59175747 - Buenos Aires, Argentina|
|24 hour support|
|24 hour trading|
|Digits after the dot in quotes|
|Minimum position size|
|Pip spread on majors||No spread|
|Spread Type||No spread|
|Standard account, $||10|
|Mini account, $||10|
|Popular payment methods||Credit Card, QIWI, Skrill, Webmoney, Bitcoin, Yandexmoney, Neteller, ePayments|
|Account currencies||dollar, euro, ruble, Brazilian real, Thai baht, Chinese yuan|
|Other instruments||Crypto-currencies, Currencies, Commodities, Indices, Stocks|
|Languages||English, Thai, Indonesian, Portuguese, Spanish, Turkish, Vietnamese, Chinese, Arabic, Hindi, Russian|
|Platforms||Olymp Trade platform|
|Bitcoin Forex Brokers|
Yes, its looking good scope, but I have query that when I given withdrawl request it is not accepted more than 36 dollars. Is it true or how much amount we can withdraw per day and how many times per day. please clarify
The platform is great but first time withdraws take lots of time. Wish they can experdite in that area
Olymp is my favourite now! Love at first glance with the platform. I wonder why developers are incapable to develop such user-friendly interfaces in every field of life. The other aspects are fine too. Commissions are acceptable, orders execution is precise and fast. There are all necessary charting tools and indicators available. So basically, all is taken care of apart from your ability to ana-lyse market and control emotions.
Glad you've chosen the same broker I did. In fact, I'm not even trading options with them any more. Do you know they offer FOREX as well? I really like it so far. It seems that this market is more liquid, and therefore broker can guarantee more precise and fast execution of our orders. You should give it a try! I was with Olymp for a long while and happy I don't have to change the broker to switch to forex. You know, there is so much scam nowadays, so if I have a chance to stick to the broker I found to be reliable, I'd prefer to do so.
I've been doing the demo for quite a while. How do I go about doing the real thing