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Olymp Trade Profile
General Information
Broker Name
Olymp Trade

Broker type
ECN  

Country
Seychelles

International offices
Seychelles

Regulation

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


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 Accounts
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.