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Olymp Trade Review and Information 2021

Olymp Trade Information and Review Olymp Trade
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Rating 52 %   48 %
Reviews Rating
Regulation IFC
Trading software Olymp Trade platform
Headquartered Saledo Global LLC, First Floor, First St. Vincent Bank Ltd Building, P. O Box 1574, James Street, Kingstown, St. Vincent & the Grenadines

Olymp Trade is an international IFC regulated online trading platform that has offered its services since 2014. Olymp Trade offers trading Cryptocurrencies, Currencies, Commodities, Indices and Stocks on Olymp Trade platform with deposits starting from just as low as $10, one of the lowest market entrance costs in the industry, and leverage up to 100:1. The company has 20 mln. customers worldwide.

The “Olymp Trade” brand belongs to Saledo Global LLC, 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.

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.

Olymp Trade Trading Information 2021

WWW https://olymptrade.com/
Address Saledo Global LLC, First Floor, First St. Vincent Bank Ltd Building, P. O Box 1574, James Street, Kingstown, St. Vincent & 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
Maximum Leverage 100
ECN, $
STP, $
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
Available assets Crypto-currencies, Currencies, Commodities, Indices, Stocks
Languages English, Thai, Indonesian, Portuguese, Spanish, Turkish, Vietnamese, Chinese, Arabic, Hindi, Russian
Platforms Olymp Trade platform
Broker type Broker
Regulation IFC
Foundation 2014
Bitcoin Forex Brokers

Olymp Trade Reviews and Comments

This broker has several methods of trading in the financial markets and people with different levels of forex knowledge can try it. It is very easy to download the Olymp Trade mobile application and try to trade Fix Time.
Labeen Mishra   28 Jul 2021  
Hi, Labeen! Thank you for such a wonderful review. We are happy that you appreciate our efforts to make the platform equally convenient and informative for traders with different knowledge volumes. It is great that you have noted an easy download process of the Olymp Trade mobile application. Best regards, Olymp Trade team.
Olymp Trade   30 Jul 2021
Nothing beyond the ordinary. Olymp trade is a normal and average broker which doesn't stand out from the crowd. Conditions of the brokerage are usual and average. For example, withdrawal takes from 24 to 72 hours which is not super fast, but again the vast majoriry of ther brokers offer quite the same conditions. Olymp trade doesn't have any spreads but it still has the commissions, so you'd better calculate what is more preferrable for you. There are lots of financial instruments which can be traded, but I would like to habe better choice in commodities and cryptos. Olymp's conditions are quite average on the market, but these conditions are never compromised, so, it is up to you to decide whether such conditions are appropriate for your trading or not.
Urial Ganesh   17 Jul 2021  
Hello, there Urial Ganesh! We appreciate your sincere feedback. We are glad that you have mentioned a vast number of available financial instruments. We will take into consideration your opinion and discuss the opportunity to provide a wider choice in commodities and cryptocurrencies. Please, let us know if you have any additional recommendations. We will make sure to share them with the related team. Best regards, Olymp Trade team.
Olymp Trade   20 Jul 2021
Commissions don't scare me. It's even much better for me that I don't deal with spreads here. If you forecast the market properly, commissions will not hurt you.
Labeen Sankaran   24 Jul 2021
Olymp trade is taking double brokerage from others to me, i am in advance status at 14th level, For eg my friend and I taking euro/chf 20$-500 trade at same time, his brokerage - 94$ & mine 1.84 brokerage, many times it happened and overnight charges if his 1.1$ then for my 1.9$ like this and now a days in all asset I am seeing taking double. I am trading since one year daily but last 10 days it's happening mostly. It's bad poor service, good to switch to other platform. Wel I have already mailed to custome care. But I know nothing will happen.
Ratan Jaiswal   8 Jul 2021  
Hello, Ratan Jaiswal! Thank you for taking the time to leave feedback. All transactions are made at current market quotations, which are received on the platform directly from the supplier. The charts on different platforms can diverge, this is normal. Each platform has its own source of data and the price formula. Can you please specify your account ID number? Our support team member will contact you and give a thorough reply to any appearing questions. Best regards, Olymp Trade team.
Olymp Trade   9 Jul 2021
How can I know how much money can I make trading with OlympTrade?
Rohan Prajapati   28 Jun 2021  
I think you understand what forex trading means. You can't just go into the market without a strategy and hope only on your luck . And if you do, you're probably out of luck. As for earning with OlympTrade FTT, I can tell you that there is no limit to how much you can earn. Or rather, it is limited by your skills and abilities, your ability to make the right decision at the right time.
Ansui Bhattarai   14 Jul 2021
I should confess that the main reason that made me sign up with this broker was the possibility to get risk-free trades. I know that it suggests getting a VIP membership, but I'm ready for this. In my opinion, it will pay off sooner or later. Of course, I don't exclude the possibility of opening a losing trade at the cost of the broker, but I can do this at my cost too. Afterall, trading is all about risk and I need to have a try. I'm going to use such trades for long-term trading only.
Kajetan Wasilewski   22 Jun 2021  
Hello, Kajetan! Thank you for the review. It is great that you appreciate the opportunity to use the risk-free trades on the Olymp Trade platform. Indeed, one of the ways to get risk-free trades is to upgrade an account to the Expert status. A trader acquires 5% upon the first deposit as risk-free trades credited to the account. Best regards, Olymp Trade team.
Olymp Trade   23 Jun 2021
Good day! I would like to appeal to traders who are interested in the services of a reliable broker. Speaking of Olymp Trade review I recommend this broker for their excellent work and, most importantly fair quotes! I think the broker Olymp Trade will be an excellent partner for those who want to go about their business and not worry about their money. Olymp Trade Company pleases with its service and attitude towards clients. I also note that the system works here almost without problems, there are some slight sagging, but this does not especially affect the work. I would really like this review to be useful for someone, since I myself have been looking for a good broker for a very long time and I understand how it is. As I said earlier, the service is excellent here. Everything is very comfortable, good manager, nice and comfortable site. I had some minor problems, but technical support solved them very quickly, which is also very nice. Trading is very comfortable, even taking into account some possible slips or sags, orders are executed on time. And the most important thing is that during all the time I worked with Olymp Trade I had no problems with the withdrawal.
Jag Shuster   17 Jun 2021  
Hello, Jag Shuster! Thank you for your feedback. We are glad that you find Olymp Trade comfortable and the quotes fair. We also thank you for commending our customer service. Our team puts in an effort every day to improve Olymp Trade and satisfy our customers. Thank you for recommending our platform. We wish you successful trading! Best regards, Olymp Trade team.
Olymp Trade   18 Jun 2021
Withdrawal process has problems. I'm on work to get back, lost 30$.
Peter   14 Jun 2021  
Hello, Peter! Thank you for reaching out. We are sorry that you're facing issues in withdrawal. Can you please provide us with more information concerning your situation so we can help you in the matter? Kindly contact our support team:
in a live chat at www.olymptrade.com; via direct messages of our facebook group. We will be very grateful for the update on your issue. Best regards, Olymp Trade team.
Olymp Trade   15 Jun 2021
The main problem of losing in the Forex market is the lack of a strategy. I created my strategy a long time ago thanks to the Olymptrade demo. I trade FTT using risk management and my experience.
Siquar Prasasta   14 Jun 2021  
Hello, Siquar Prasasta! Thank you for your feedback. Education and formulating a strategy are indeed important steps in trading. We are glad about your success. Happy trading! Best regards, Olymp Trade team.
Olymp Trade   15 Jun 2021
Guys, If you are thinking to earn money through Olymp trade then stop yourself because you will only lose money. If you intend just to pas your time with demo account then its good time pas. Never invest your money because you will lose it for sure. When you invest money and place a trade, the graph reverses right from there and I know this because I have tried all strategies and different time zones to see if it works and it does not work, instead loss everytime. Therefore, donate the money to poor if you have too much than burning it here. I have lost more than 50000 in one month. It's a scam.
Amit Poswal   8 Jun 2021  
Hi, dear Amit! Thank you for sharing your opinion with us. It is a pity that you have formed a negative impression of the platform. The Olymp Trade broker is regulated by the Financial Commission which speaks of our transparency and reliability. We understand that losses can be demotivating. We provide access to a quality financial instrument but the success depends entirely on your trading skills. It is also important to keep up with a money management strategy and consider the number of unsuccessful trades in a row in case of which you stop your trading sessions and prevent your deposit from more serious loss. To get additional recommendations you can reach out to our support team. Our support team members will be glad to help you. We do not have the opportunity to influence the chart as we receive the market quotes directly from the supplier. To look up the quote history, you can browse this section on the platform. Best regards, Olymp Trade team.
Olymp Trade   8 Jun 2021
Guys, I need your help. I moved to live with my brother during the summer holidays, but left the notebook with passwords at home. I forgot my password from olymp trade account, how can I reset my settings?
Chamel Muni   30 May 2021  
Hi, dear Chamel! Thank you for letting us know about your situation. You will need to reset the settings using the email address specified during the registration (The button is located below the "Log in" fill-in form. The detailed instructions will be forwarded to your email address. If you have further difficulties with restoring access to your account, please, contact our support team. Our support team members can be reached via e-mail: support-en@olymptrade.com. Best regards, Olymp Trade team.
Olymp Trade   1 Jun 2021
Use the option "change password".
Amir Janssen   17 Jun 2021
All Olymp Trade Reviews

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