Olymp Trade Broker

Olymp Trade Broker Profile
Olymp Trade


General Information
Broker Name: Olymp Trade
Broker type: ECN  
Country: Seychelles
Operating since year: 2014
Number of employees: 300
International offices: Seychelles
Regulation: The Financial Commission, The Financial Commission
Address: James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines
Broker status: Broker   
Accepting US clients? No
Account Options
Account currency: USD, EUR
Funding/Withdrawal methods: Credit Card, Debit Card, WebMoney, Neteller, Skrill, FasaPay, Bitcoin, Boleto
Swap free accounts: No
Segregated accounts: No
Interest on margin: No
Managed accounts: No
Accounts for money managers (MAM, PAMM): No
Customer Service
Phone: No
Fax: No
Email: support-en@olymptrade.com
Languages: English, Spanish, Japanese, Russian, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Malay
Availability: Chat, Email
Trading
Trading Platforms: MetaTrader 4, Web Platform, Mobile Platform, MT4 (via bridge)
Trading platform(s) timezone: (GMT -8:00) Pacific Time (US & Canada)
Demo Account: Yes  
Mobile trading: Yes
Web based trading: Yes
API: No
OCO orders: No
Trading over the phone: No
Hedging allowed: Yes
Trailing stops: Yes
One click trading: Yes
Bonuses: Yes
Contests: No
Other trading instruments: Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals
Account
Minimum deposit ($) 10.0
Maximal leverage (1:?) 400
Minimum lot size 0.01
Maximum lot size 20.0
Commission 1.1
We have 2 types of account: 1. ECN; 2. Standard: In the first type, traders pay a commission for trades ($4 per lot), but the spread starts from 0 pips. In the second type, traders do not pay a commission for trades, but they are paying the spread, which starts at 1.1 pips.
Spread Variable
Decimals 5 decimals
Scalping allowed Yes
General information about Olymp Trade
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.
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EURUSD 1.11174 GBPUSD 1.33352
USDJPY 109.351 USDCAD 1.31719

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.