|Olymp Trade website|
|Trading software||Olymp Trade platform|
|Headquartered||Smartex International Ltd. Suite 305, Griffith Corporate Centre P.O. box 1510, Beachmont, Kingstown, St. 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.
|Address||Smartex International Ltd. Suite 305, Griffith Corporate Centre P.O. box 1510, Beachmont, Kingstown, St. 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|
My experience with them was a total bzzare. I would never advice anyone to trade with them. I deposited $32 to my account but never reflected. I sent them a message, and they asked me to provide an address for them to refund the money. I sent them the address, but they claimed they sent the refund to a different address. When I checked the address, it was the one their website generated for me to make the deposit, so they literally sent the money to their self if they really made the transaction. Why do you have to ask me to provide a refund address, but later send the money to a different address without asking me?
I am happy with Olymp trade app so far you guys doing great job Olymp trade is good trading platform my only request to Olymp trade please add local deposit method for Indian traders if you guys add local deposit method for us this will help lot of Indian traders to deposit and withdrawal easily.
My trading only limited to around 15-19 tradings per day. Wonder why this happen?
Olymp trade is good and the best thing is we can start here trading with 10 dollars and get some free indicators too only thing missing is that they need to offer more deposit methods for Indian traders.
Olymp trade is good I like trading with this broker the bonus on deposit they offer really help new traders join olymp trade Pakistan facebook group and meet experience traders and learn trading on Olymp trade.