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Olymp Trade Review and Information 2024

Olymp Trade Information and Review Olymp Trade
Voting Rating Olymp Trade does not participate in the Forex Rating
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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.

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 Reviews and Comments

This is the leaved people, my money was deducted on 14th May, still it has not come in the account, but left it kept.
  8 Jun 2023  

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What would be better for a beginner: Forex or FTT?
  6 Jan 2023  

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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
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.
  4 Jan 2023  

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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
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.
  3 Jan 2023  

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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
Future Trends and Developments in Forex Trading with Expert Advisors

The future of Forex EAs lies in the further integration of AI and machine learning technologies, enabling the creation of even more sophisticated and adaptive trading systems. These advancements could lead to EAs that better understand market sentiment, predict future movements with greater accuracy, and manage risks in more nuanced ways.

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.
  29 Dec 2022  

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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
I really enjoy loading up my bar at the trader's way game. They somehow managed to turn the overall atmosphere entertaining.
  28 Dec 2022  

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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
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.
  16 Dec 2022  

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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
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.
  11 Dec 2022  

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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
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.
  9 Dec 2022  

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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
Great online platform! It's the best I've ever seen!
  29 Nov 2022  

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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
How long does one wait for withdrawal, it's been over a month now.
  24 Nov 2022  

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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
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?
  22 Nov 2022  

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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
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.
  20 Nov 2022  

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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
Can I improve my status for free?
  15 Nov 2022  

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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
The Impact of EAs on Forex Trading: A Double-Edged Sword

By enabling continuous, algorithm-based trading, EAs contribute to the efficiency of the Forex market. They can instantly react to market movements and news events, providing liquidity and stabilizing currency prices through their high-volume trading activities.

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.
  14 Nov 2022  

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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
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