Olymp Trade - Forex Broker information, rating, reviews

Olymp TradeOlymp Trade website
Status
Regulation IFC
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.

Olymp Trade trading information

WWW https://olymptrade.com/
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
Partnership programs
Mobile trading
Demo account
24 hour trading
Digits after the dot in quotes
Minimum position size
Spread Type No spread
Pip spread on majors No spread
Leverage
ECN, $
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
Broker type
Regulation IFC
Foundation 2014
Bitcoin Forex Brokers
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Current Rating: 60 %, 40 %


Traders Rating:


Olymp Trade latest reviews

I like trading on Olymp Trade because this broker is attentive to its customers. It provides a lot of necessary information and organises personal emailing about webinars, economic news and happy hours of currency pairs. I am impressed that the profit gained from trading with bonuses can be withdrawn almost immediately, and it's not necessary to make a turnover sometimes a hundred times greater than the bonus amount, after what the client can get into a debt hole as a result. I am glad that Olymp has cryptocurrencies, which I trade quite successfully.

guest   3 December, 2018  

Olymp trade is good but i am new in trading and want to learn more about option trading i am doing practice in Olymp trade demo account but still want to join some group or forum where i can learn some good tips by Olymp trade experience traders.

Sindu   2 December, 2018  

I like trading on Olymp Trade because this broker is attentive to its customers. It provides a lot of necessary information and organises personal emailing about webinars, economic news and happy hours of currency pairs. I am impressed that the profit gained from trading with bonuses can be withdrawn almost immediately, and it's not necessary to make a turnover sometimes a hundred times greater than the bonus amount, after what the client can get into a debt hole as a result. I am glad that Olymp has cryptocurrencies, which I trade quite successfully.

guest   28 November, 2018  

happy to know about your experience with Olymp trade i am also trying to learn more about the platform and also learn some successful trading strategies if you or anyone else can guide will really appreciate

Deepak   30 November, 2018

Hello Olymp trade is good platform? i am trying to collect more information about Olymp trade and also learn some good trading on Olymp trade platform i download the demo account but still i want to learn . i want to know which is the best trading item on Olymp trade platform and what is the best expiry time for trading

Rathore   23 November, 2018  

I think Olymp trade like other big brokers, they are trying to be the best. So I can see that there are more plus-es than the minus of this broker. Some might get bad experience yet the reasons could be due to their trading skill. It's a fine brker and fair

Darwin   15 November, 2018  
  


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