FXTM
92%

Libertex
90%

FxPro
89%

FIBO Group
88%

FXCM
87%

OctaFX
86%

EUR/USD
1.2021

GBP/USD
1.3854

USD/JPY
107.928

USD/CHF
0.9169

USD/CAD
1.2492

EUR/JPY
129.7357

Olymp Trade Review and Information 2021

	Olymp Trade
Registration	Register now
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.

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.

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

Hi, do we have to pay a signal and maitenance fee after our trade with an agent?
Garry Wood 7 Apr 2021 Reply

Hello, Garry! Thank you for getting in touch with us. You will not be charged account maintenance or signal fee on the Olymp Trade platform. The only commission that the platform charges its users is the inactivity fee. If a trader has not made a single trade on a live account within 180 days and has not made any deposit or withdrawal, the company has the right to charge such account a $10 monthly fee. In case the account balance is 0, nothing will be charged. However, all bonuses will be canceled. We also wanted to pay your attention that we do not appoint agents to a trading account. Our experts can only give you advice, but all operations carried out on the platform are made by you personally from your own trading account. If you have any further questions, feel free to contact us. We are always there to help. Best regards, Olymp Trade team.
Olymp Trade 9 Apr 2021

Please can you refer me to one of your trading experts so that I could invest. Thanks.
Garry Wood 20 Apr 2021

A reliable and honest broker. I noticed how much Olymp Trade is investing in training new users, with separate respect to him. The conditions for working with a broker are transparent and reliable.
Claude Meunier 30 Mar 2021 Reply

Hello, Claude Meunier! Thank you for taking the time to leave a review. Receiving such feedback is valuable to us. We are indeed doing everything in our power to provide our traders with full educational support. It is also great that you are satisfied with trading conditions and consider them transparent and reliable. Best regards, Olymp Trade team.
Olymp Trade 1 Apr 2021

How much profit can a risk-free trade potentially make? In what situations can it be used to maximum benefit?
Wajdi 24 Mar 2021 Reply

Hello, Wajdi! Thank you for your question. The profit depends on a risk-free trade amount. For example, a trader enables a $50 risk-free trade and opens a $100 position. In case of a failure, you will get back $50. And if the forecast is correct, you will get a return on a $100 investment. One of the most known examples of using risk-free trades thoughtfully is activating them as a "step" of the losses compensation system. Use these trades wisely as it allows to avoid possible risks. If you have any further questions, kindly ask. We will be happy to consult you. Best regards, Olymp Trade platform.
Olymp Trade 24 Mar 2021

This is a good advantage for OlympTrade! Risk-free trading is one of the privileges of the Expert status. The user receives 5% of his first deposit (starting from $ 2000) as a risk-free transaction credited to his account. The amount of profit will already depend on the amount of this transaction and how successfully this order is executed. I think you can use this deal in a situation where the option to earn a lot and lose a lot is equal to each other.
Kociss Parisi 8 Apr 2021

After the start of the pandemic, there were problems with earning money and I began to look for an alternative. Who advised Forex. I was skeptical about this, but decided to give it a try. Honestly, the first month I was crazy about new knowledge, names of indicators and strategies. I started trading on a demo account with Olymptrade broker. I chose it because I often saw this name on banners. The conditions are normal, but I have seen the same on the websites of other brokers. I started trading on a fixed time and it seemed very difficult to me. But they also have traditional forex. As a normal broker, they support the Metatrader trading platform as well.
Niyazi Karasu 22 Mar 2021 Reply

Hello, Niyazi Karasu! Thank you for sharing your experience. We are happy that you have chosen Olymp Trade to start your trading career. It is wonderful that you were excited about new knowledge, we are glad to know that the educational process was pleasant for you. If you have any difficulties trading, kindly contact our support team. Our support service members are always there to help. Best regards, Olymp Trade team.
Olymp Trade 23 Mar 2021

Has anybody tried to withdraw GBP from this company? can you tell me which company handles the GBP payments please.

Amina Walters 19 Mar 2021 Reply

Hello. Has anybody had experience of trying to withdraw GBP from a recovery account placed with Olymp Trade?

Amina Walters 19 Mar 2021 Reply

I joined Olymp Trade after the company had launched MT4. The possibility to trade there inspired me. Because trading on a platform with a fixed time of trades and fixed reward seemed to me too simplistic. And with Olymp Trade MT4, everything fell into place. By the way, the trading conditions in MT4 are very competitive. Spreads are very tight, and commissions are average on the market. And even the possible disadvantages are compensated by the increased number of as*sets. The possibility of setting any Expert Advisors here also matters a lot.
Antony Hack 18 Mar 2021 Reply

Hello, dear Antony! Thank you for your wonderful review. We are pleased to know that the opportunity to trade on the Olymp Trade MT4 has inspired you. It is great that you enjoy provided trading conditions and appreciate the possibility to set up Expert Advisors. Best regards, Olymp Trade team.
Olymp Trade 19 Mar 2021

Recently I watched a program about Forex with a friend. We were interested in the process of trading and how people make money with it. After my friend found a list of recommended companies in the browser, we chose one of the most popular - Olymp Trade. I was the first to register my real account. My friend and I decided to try all the features and noticed fixed-times trades. I had never even heard of it before. I made trades for 1 minute, and it is swift, like in Forex, where people sometimes wait for months for their stock to rise in value. Of the minor flaws, I can point out only the current commission for the transaction.
Georg 26 Feb 2021 Reply

Georg, hello there! We are incredibly thankful for your feedback. We are happy to know that you have chosen Olymp Trade when searching for a reliable Forex broker. It is great that you have discovered a Fixed Time Trades mode and used its advantages to get the most out of the platform. Your opinion on the fee per trade is important to us, we will surely take it into consideration. Best regards, Olymp Trade team.
Olymp Trade 1 Mar 2021

I'm intrigued by your web platform. I especially like the idea of using multipliers instead of leverage. I got one question. How should I correctly calculate my trade?
Luis Okumuringa 22 Feb 2021 Reply

Hello, dear Luis! Thank you for your question. The Forex trade result consists of the difference between the opening price and the closing price. In long trading, the trader gains a profit from the price's growth. Short trading is the opposite, the profit is earned from the lowering of the price. This formula will help you with understanding how profits on the Olymp Trade platform are calculated: (Difference between the opening and closing of the trade / Current price) * Investment's volume *Multiplier - Commission = Profit. If you have any questions, feel free to ask. We would be glad to help you. Best regards, Olymp Trade team.
Olymp Trade 24 Feb 2021

I trade Forex assets with this broker. Their trading platform is really good. I could say thousands of words that it's very convenient and functional, but the main thing I like is that it comes with multipliers. That's leverage that can be chosen for each trade. Besides this, there's something more that distinguishes this broker from others. Trading Forex with multipliers here, you don't use the entire depo in your trade. Instead, you are expected to invest a chosen fixed amount. So, if you lose, you will lose only this amount and no more.
Seetho New 15 Feb 2021 Reply

Hi, Seetho New! We are grateful for your extensive feedback. It is wonderful that you enjoy the Olymp Trade platform's features. We are pleased to know that you find the multiplier a distinguishable advantage of the platform. Wish you a prosperous trading! Best regards, Olymp Trade team.
Olymp Trade 18 Feb 2021

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