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Olymp Trade Review and Information 2024

Olymp Trade Information and Review Olymp Trade
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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 2024

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
24/5 trading
Spread Type No spread
Pip spread on majors No spread
Maximum Leverage 100
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

Olymp Trade Traders' Reviews

  8 Jun 2023
This is the leaved people, my money was deducted on 14th May, still it has not come in the account, but left it kept.
  6 Jan 2023
What would be better for a beginner: Forex or FTT?
Hello, Isaac Ross. Thank you for the question. Both Fixed Time Trade and Forex can be used by new traders. However, we would recommend you learn about trading knowledge on our educational database. It is free and accessible to everyone. Then when you are ready, you can practice what you have learned in the demo account. Best regards, Olymp Trade team.

Olymp Trade   21 Apr 2023
  4 Jan 2023
This year has been both profitable and fun trading for me. This platform was the best in terms of finding what I was looking for to go short and make money out of the bear market. I am going to keep shorting a lot here till the next earnings season.
Hello, Ramon Gallego. Your story is incredible; thank you for sharing that with us! It is wonderful that the Olymp Trade platform has made such a difference for you. We strive our best to provide a high-quality platform. We are glad that you earn money from our platform. We wish you to keep up with the good work. Best regards, Olymp Trade team.

Olymp Trade   6 Jan 2023
  3 Jan 2023
A really interesting and fun place to trade, I tell you. There are few that are as interesting in this industry. I enjoy using the trading platform here, however, I do miss trading with other platforms, MT4 especially. A broker can have multiple trading platforms. Anyway, Once you get used to the app, you will enjoy it.
Greetings, Spark. Your story is incredible; thank you for sharing that with us! It is wonderful that the Olymp Trade platform has made such a difference for you. We would like to provide the best trading conditions for our users. That is why there is a need to have an independent trading platform. We understand at first, everything is new and users need time to get to know the interface. But we believe that you will be a master at it in no time. Wish you fruitful trading! Best regards, Olymp Trade team.

Olymp Trade   4 Jan 2023
  29 Dec 2022
I heard a lot about their Olymp trade forex platform. I heard about trading fixed amounts, although it was not a new thing for me. I already traded fixed amounts with another broker many years ago. It’s a great solution for intraday trading especially if you make more than ten trades a day. It’s very suitable and promising in terms of money management and profitability. However, if you have never tried to trade fixed amounts on Forex you won’t understand what I’m talking about. Besides this I wanted to try fixed amounts. It’s not something I like very much, but sometimes I trade FTT.
Hello, Santiago Rios. Thank you for your feedback. We are thrilled to have you as part of our big community! We are glad that you find Fixed Time Trades and Forex promising and profitable. They are very interesting trading modes. They have their own pros and cons. However, once you understand market movements, you can utilize both trading modes. We strive to provide the finest trading conditions for our users. We offer 3 trading modes: Fixed Time Trades, Forex, and Stocks. It is our pleasure that you enjoy most of it. Every trading mode may require a different trading strategy and tools. However, they also share a lot of similarities. We wish you a lot of success in any trading mode. Best regards, Olymp Trade team.
Olymp Trade   4 Jan 2023
  28 Dec 2022
I really enjoy loading up my bar at the trader's way game. They somehow managed to turn the overall atmosphere entertaining.
Hi there, Rafael Sales! Thank you for your feedback. We are glad to create an entertaining atmosphere on our platform. Keep going forward and have a successful trading! Best regards, Olymp Trade team.
Olymp Trade   30 Dec 2022
  16 Dec 2022
I came to this broker with a certain goal and I have achieved it. Nice conditions and functional trading platform are great helpers in such circumstances.
Hello, dear Vuyokazi. Thank you for taking the time to provide a rating, your opinion is valued greatly and it helps us maintain an excellent standard of service to our traders. We are glad that you have achieved your financial goals at Olymp Trade. Keep up the good work! Best regards, Olymp Trade team.

Olymp Trade   19 Dec 2022
  11 Dec 2022
I'm in a bad mood and need more time to be ready to write positively about the broker. Although I understand that it's not Olymp Trade's fault that I was in a hurry and opened an order that made a loss. By the way, I noticed that despite the high volatility, my order was opened without slippage. If there had been a slippage, I would have lost even more.
Hello, Abbasi. Thank you for the review; we appreciate your kind words. We realized that we, here at Olymp Trade, need to do excellent work in our job. So that, our users can focus on their trading. We understand that sometimes moods can affect our performance. It is okay as long as we keep it under control. We will you a lot of success ahead! Best regards, Olymp Trade team.

Olymp Trade   12 Dec 2022
  9 Dec 2022
What I can state for sure is that trading with this company brought me tons of positive emotions. No doubts it's my favorite one among others.
Hello, Manuel Aranda. Thanks for leaving us such a wonderful review. We are glad that Olymp Trade becomes your favorite broker. We would like the traders to have everything they need to focus on their trading strategy. Keep up the good work. Best regards, Olymp Trade team.

Olymp Trade   12 Dec 2022
  29 Nov 2022
Great online platform! It's the best I've ever seen!
Hi, Aitor. Thank you for the kind rating. It means the world to us and to our entire team! We wish you a lot of success. Best regards, Olymp Trade team.

Olymp Trade   29 Nov 2022
  24 Nov 2022
How long does one wait for withdrawal, it's been over a month now.
Hello, Maurice. Thank you for letting us know about this. We would like to solve your pending now. To do so, please provide us with your ID account. With it, we can check the pending and contact you with an update. Best regards, Olymp Trade team.

Olymp Trade   25 Nov 2022
Hi team, I've been waiting for your response regarding my withdrawal, no word from your side, instead now you guys blocked me from your Email system, my WhatsApp don't get attended to, what is going on?
Maurice   1 May 2023
  22 Nov 2022
I had a brief acquaintance with the Olymp trade platform and it seemed to me very user-friendly and very well-designed. Everything is in the right places and works stable without lag or other interruptions. my question is how can I look at the trading details of the particular asset in the platform?
Hi, dear Anh Phan. Thanks for your trust. It means so much when our traders share their experiences. We have paid a lot of attention to the interface. It is pleasing that you like the design. Also, you can check for the details of each instrument by clicking on Help. To the Asset tab. Everything you need should be listed there. If there's anything else we can do to help, please let us know. Best regards, Olymp Trade team.

Olymp Trade   23 Nov 2022
  20 Nov 2022
Stock mode is considered to be something I can't master! Yeah, I tried a lot in order to learn how to invest in stocks wisely, but decided to start with opening short-term positions. Everything was cool, until I realized that I got a real lose streak. Then I noticed gaps in my trading strategy and these days I work on a new one and test it on demo account. From the point of trading with this company, this one is perfectly suits me.
Hello, Vicente Aguilar. We really appreciate you taking the time to share your experience with us. Stock is a very interesting and promising trading mode. However, it may take time for a suitable trading strategy for Stocks. We can imagine how frustrated you can be when facing a loss. But the point is to be consistent and positive. We believe with this attitude, you can gain success in no time. Best regards, Olymp Trade team.

Olymp Trade   22 Nov 2022
  15 Nov 2022
Can I improve my status for free?
Hi, Rafael Solano. Thank you for your question. We are glad that you asked. To gain a higher status with 0 costs, you can gain more XP instead. The XP is an experience point that you gain by completing trading activities on your Trader's Way. Every time that you reach a new level on your way, you will get rewards. You can exchange your rewards for higher status or use them to extend the current one. Wish you fruitful trading! Best regards, Olymp Trade team.

Olymp Trade   16 Nov 2022
Yeah, you can. For this purpose, you can either participate in tournaments or trade actively - you need to reach a relatively big trading turnover.
Raihan Sihombing   23 Dec 2022
  14 Nov 2022
From what I heard, and I have heard a lot, this one is one of the few decent brokers out there. Depending on the perspective you look from, and it can be the reliability perspective, the number of assets to trade, how decent their customer service, and reputation are. I did not have complaints either after I started trading here, but until I actually started trading there, I had my doubts and scepticism, I am not going to lie. First of all, their site did not look like it was a trading platform. I had seen a lot of their ads and reviews about them but I never believed that you could actually trade there. It looked like some other business, I did not see any chart, any tables on the main page, it is very different to what other brokers have as their main sites. Maybe it is an advantage for some, but it thought it was odd.
Hello, Rudi Shabalala! Thanks very much for your balanced and fair review of the Olymp Trade platform. We value your input and encourage you to let us know more details about your experience with us. First of all, we are glad that you are interested in trading on Olymp Trade. It is our pleasure that you gave it a try. We encourage traders to test out the platform by themselves. This is the only way they can get real experience about trading on Olymp Trade. We understand that the platform has its pros and cons. And it also depends on the customers’ taste. We can see that our interface is modern. That is why it can be different from other traditional brokers. We believe that if you give it time, you will get it in no time. Every detail of Olymp Trade’s interface is designed in a way that is efficient and user-friendly. Basically, you can find any tools or functions needed for trading in one place. That also means it can take a while to get to know the platform. To understand better how it works, we encourage you to try it on the demo account. Everything is the same as the real one is. Now, you can practice modern trading for free. All these features may not be shown on the main site. But you can find everything once you create an account. And it should take 1 or 2 minutes to do so. We hope that you can test it out. Best regards, Olymp Trade team.

Olymp Trade   15 Nov 2022
  5 Nov 2022
Awesome place to trade. The broker has done plenty to make such an intuitive and innovative trading platform. It is complete in function and easy to use.
Greetings, Mishri Vaikar. Thank you for your kind words. We are glad that you chose Olymp Trade as your trading broker. We strive to keep the platform smooth, transparent, and functional so that users can make use of it and make profitable income. Wish you a lot of success! Best regards, Olymp Trade team.

Olymp Trade   11 Nov 2022
  3 Nov 2022
The most important thing for me is to be able to deposit quickly. Without problems and slippage to open an order. To get a good profit. And withdraw profit to my card. All this I get from a broker in perfect quality.
Hello, Mohit Mall. Thank you for your kind words. We are glad that our deposit and withdrawal processing time met your requirement. We understand that traders would like things to be operated quickly. That is why we do everything in our power to push these processes. Keep up the good work! Best regards, Olymp Trade team.

Olymp Trade   4 Nov 2022
Hello, Mohit Mall. Thank you for your kind words. We are glad that our deposit and withdrawal processing time met your requirement. We understand that traders would like things to be operated quickly. That is why we do everything in our power to push these processes. Keep up the good work! Best regards, Olymp Trade team.
Olymp Trade   7 Nov 2022
  29 Oct 2022
Olymp Trade is definitely for those who likes trading. And that's a few point for that: 1. It developed its proprietary trading platfrom which is nice. It has an intuitive interface and user friendly as a whole. I've never saw any browser based platform like that. 2. Company offers three trading modes: Forex - currency trading, Stocks - the most popular companies' shares and fixed time trading - the mode where you can trade not only direction but also a time as an addition. And there is aslo a wide range of tradable products with different categories. In case you are doubted with platfrom usage or any other thing you always can get help at friendly support service which is pretty fast by the way.
Greetings, Cesar Ferrer. Thank you for sharing. Our priority is a functional platform and we are ecstatic that we met that mark! When we develop the Olymp Trade platform, we pay a lot of attention to every detail on the interface. We make sure that it is functional, transparent, and user-friendly for traders at any level. We are glad that you find it fits your requirement. At Olymp Trade, there are 3 trading modes: Fixed Time Trade, Forex, and Stocks. Each mode has its own advantages. Traders can choose a suitable mode for their strategy. Besides, we also offer several instruments to trade with. That opens many chances for traders to gain profits. Also, it is pleasing to know that you think our support team is helpful. We prioritize our users’ satisfaction. We created a caring team to support users anytime in their trading journey with us. We wish you a lot of success! Best regards, Olymp Trade team.

Olymp Trade   1 Nov 2022
  24 Oct 2022
Olymp trade stocks trading mode turned out to be a very profitable for me. Of course I don’t buy the whole shares, if you don’t know olymp trades stock price mode has unique feature where you can buy the fraction of the underlying share. It’s convenient if you don’t have excessive fundings.
Hi, dear Parnthep. Thank you for taking the time to provide a review, your opinion is valued greatly and it helps us maintain an excellent standard of service to our traders. We are pleased that you like the Fraction from our Stock trading more. Now you can buy stocks with a small fund. We believe that this can open more opportunities for many traders to join the stock market. Wish you a lot of success! Best regards, Olymp Trade team.

Olymp Trade   25 Oct 2022
  24 Oct 2022
How can one benefit from the bonus system provided by this company? Is there any sense to use these bonuses, or they can just be listed on my acc and remain untouched?
Hello, Ali Saadiq. Thank you for your question. We are glad that you bring this up. In fact, you can take advantage of our bonus system. If your main deposit on a live account falls to 0 due to losses in the trade you can continue trading with your bonuses. The profit that you gain from bonuses becomes withdrawable money. And you do not have to pay the bonus back when you lose it. If you are open to discuss your experience further, please call/email us. Best regards, Olymp Trade team.
Olymp Trade   25 Oct 2022
The bonus system presented by olymp trade is aimed at increasing your initial deposit, thus you will have a bigger amount to use for the leverage. It’s not only olymp trade, all the forex brokers that offer bonuses are doing it for this reason. It feels kinda sus, but in the end you are the one who makes the decision if you want to acquire bonuses or not. So if you’re hesitating about the concept in general, don’t take it. Plus olymp trade allows you to withdraw the profits that you’ll earn using bonus money. It is a big deal, because brokers that provide bonuses for their clients usually have restrictions on the withdrawals until the client makes a certain trading volume.
D.Salgado   3 Nov 2022
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