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
Pip spread on majors No spread
Spread Type 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
Olymp Trade
Markets in Details: 18 February 2019

Trade deal optimism is pushing oil higher. Brent hit its November high at $66.76 on Monday, signaling markets are factoring in better growth scenarios...

Market analysis
Olymp Trade
Markets in Details: 14 February 2019

On Wednesday, the UK's inflation rate reading came out at 1.8%, which is weaker than the expected reading of 1.9-2.0%. This cancelled the gains...

Market analysis
Olymp Trade
Markets in Details: 13 February 2019

France's economic minister has come out on record to say that the euro is losing its edge over China citing the failed Siemens-Alstom merger...

Market analysis

Olymp Trade
Markets in Details: 12 February 2019

Financial markets look positive on Tuesday as soon as US Congress negotiators are close to reaching a deal that includes a $1.375bn in funding for the wall...

Market analysis
Olymp Trade
Markets in Details: 11 February 2019

Security discussions which included a U.S.-Mexico border barrier on its agenda over the weekend is likely to fell flat as President Trump has publicly...

Market analysis
Olymp Trade
Markets in Details: 08 February 2019

The BOE left interest rates unchanged at 0.75% and warned that various factors will contribute to the downward bias for the UK economy, adding...

Market analysis

Current Rating: 60 %, 40 %


Traders Rating:


Olymp Trade latest reviews

When you get acquainted with Olymp Trade, you get the deceptive impression that it is easy to make money on Forex. But don't forget about such important factors as the development of your own ana.lytical skills. If you manage to profit on demo, then you'll manage to do so on the real account too. That's how it it!

omvxbox   22 January, 2019  

I have been trading in this platform for quite some time now. So far I am happy with this broker. I have not encountered any major issue other than not receiving my bonus. But that is just a small matter whereby the customer support managed to solve it within an hour. If you ask me, I would say that you can trust this broker and it is one of the most reliable one around.

Frank Tupelo   21 January, 2019  

Hello, Frank, Thanks for reaching out. We are glad that you like our platform. We will be happy to see you in our community: https://www.facebook.com/olymptradecom/, where you can talk to other traders, participate in our events and get the answers to your questions. Wish you a successful trading! Best regards, Olymp Trade team.

Olymp Trade   28 January, 2019

Olymp trade crypto platform good bitcoin and all major crypto pairs available for trading and one can trade even on weekends so dont need much money to start trading with Olymp trade.

Anju   1 January, 2019  

I am trying to learn more about option trading i am already doing trade with Olymp trade i want to meet some more traders who are in option trading and doing trading with Olymp trade.

ninjatrader   1 January, 2019  

Hello, dear ninjatrader! We will be glad to see you in our community: https://www.facebook.com/olymptradecom/ There you can talk to other traders and share your experience. If you have any questions by now, we are ready to answer them! Best regards, Olymp Trade team.



Olymp Trade   16 January, 2019

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  
  


Share: