Review Score
Platform
Pricing
Customer service
Features

Olymp Trade

Minimum deposit ($)
10.0
Commission
1.1
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
5
Minimum lot size
0.01
Maximum lot size
20.0
Spread
Variable
Broker type
ECN
Maximal leverage (1:?)
400
Phone
No
Fax
No
Availability
Chat, Email
Address
James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines
Trading Platforms
MetaTrader 4, Web Platform, Mobile Platform, MT4 (via bridge)
Funding/Withdrawal methods
Credit Card, Debit Card, WebMoney, Neteller, Skrill, FasaPay, Bitcoin, Boleto
Account Currency
USD, EUR
Languages
English, Spanish, Japanese, Russian, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Malay
Country
Seychelles
International offices
Seychelles
Trading platform(s) timezone
(GMT -8:00) Pacific Time (US & Canada)
Other trading instruments
Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals
Olymp Trade User Reviews
Olymp Trade User Reviews
Member Since Nov 11, 2023   1 posts
Nov 11, 2023 at 20:02
Looks like this article hasn't been updated in a while.
I have recently started to study trading conditions of this company and I see several mistakes in this article.
For example, account currency. Only USD and EUR are listed here, but in reality there is also USDT cryptocurrency.
By the way, account can also be funded with cryptocurrencies.
Member Since May 25, 2023   1 posts
May 25, 2023 at 20:59
Having used the Olymp Trade platform for some time, I have mixed feelings about my experience. The platform itself is functional and easy to navigate, but some areas could be improved. The pricing seems fair, but it would be beneficial to have more competitive fees. On the other hand, the customer service has been outstanding. The platform offers a decent range of features, although I would appreciate more advanced tools for analysis. Overall, while there are some areas for enhancement, the reliable customer service and user-friendly interface make Olymp Trade a viable option for traders.
Member Since May 07, 2023   1 posts
May 07, 2023 at 06:28
What really was the deciding factor in choosing to trade here?
Member Since Apr 20, 2023   1 posts
Apr 20, 2023 at 17:32
Great place to trade. Fixed time trading mode is just something mindblowing! It can be used to hedge your main positions or be traded separately.
Member Since Apr 07, 2023   1 posts
Apr 07, 2023 at 20:17
I noticed that the broker allows traders who do not have a lot of capital to start trading. That is, the entry barrier to get access to financial markets at this broker is very low.
For example, in order to trade shares of global companies one does not need to have thousands of dollars on one's account.
I think that clients of Olymp Trade are grateful for such an opportunity.
Member Since Mar 30, 2023   1 posts
Mar 30, 2023 at 14:21
Christian77 posted:
Fixed time trading is something that considered to be interesting, but it's always left aside for no reason.
People believe that it's harder to make money using this mode, but in fact, it implies the same opportunities but a bit untrivial approach. That's why it's worth mentioning and trying.
I would be more cautious with fixed time trading. It gives a vibe of something not very complicated, but it’s a common misconception that can lead to substantial losses.
So be careful trading FTT. I recommend to read some articles in Olymp trade Blog on the topic and then trade it.
Member Since Mar 20, 2023   1 posts
Mar 20, 2023 at 09:42
Fixed time trading is something that considered to be interesting, but it's always left aside for no reason.
People believe that it's harder to make money using this mode, but in fact, it implies the same opportunities but a bit untrivial approach. That's why it's worth mentioning and trying.
Member Since Mar 15, 2023   1 posts
Mar 15, 2023 at 19:29
Olymp trade is amzing broker app I tell you. Different from many of the broker out there truly.
Member Since Mar 10, 2023   1 posts
Mar 10, 2023 at 19:02
What they do is a very good example of how to take something as boring as trading and make it more tolerable with the charts and trader's way.
Member Since Feb 20, 2023   1 posts
Feb 20, 2023 at 17:44
The Trader's Way is a truly exciting experience. I am getting my trades in profitably, and stacking up those experience points nicely, the more points I have, the more profits I pull. So good!
Member Since Feb 07, 2023   1 posts
Feb 07, 2023 at 18:16
PaoSon posted:
What guarantees do I get from the license this broker has?
I don't want to go deep into it but Olymp trade is regulated by FinaCom. It is in place to protect and ensure the interests of traders. They promote broker transparency and basically, fairness. The guarantees traders get from using a broker regulated by them are free legal aid, in the case of legal action, compensation in the unlikely dissolution of the company, verifiable quotes and many more.
Member Since Jan 31, 2023   1 posts
Jan 31, 2023 at 07:46
What guarantees do I get from the license this broker has?
Member Since Jan 21, 2023   1 posts
Jan 21, 2023 at 13:28
The robustness of the broker is beyond doubt. My long time experience and experience of other traders proves this.
Member Since Jan 02, 2023   1 posts
Jan 02, 2023 at 20:17
Stock mode opens many opportunities for those who are keen on tracking the current situation in the market and prefer to speculate on stocks or buy them for a long perspective.
A huge choice of various shares can help traders to realize whether this trading style suits them or not.
Member Since Dec 30, 2022   1 posts
Dec 30, 2022 at 18:02
I appreciate this broker for such well developed infrastructure. Usually I trade forex and stocks modes, but now I'm planning to trade fixed time trading mode as well. It looks like a nice option for intraday trading. Besides that, there is a possibility to hedge via this mode so it is twice interesting for me now.
Member Since Dec 28, 2022   1 posts
Dec 28, 2022 at 11:30
Despite the fact that the platform has some disadvantages compared to the platform on which I traded before. I am ready to continue trading here because these disadvantages are not critical. Besides, them the platform has a lot of advantages.
Member Since Dec 22, 2022   1 posts
Dec 22, 2022 at 20:58
Gutiper posted:
I really want to underline certain drawbacks of this broker, but it's kinda tough... This company provides its clients with everything they need... You require an immediate help? Customer support is the quickest here I have ever seen... You need to figure out info about particular features? You can also read info in the Help Center... BUT! I'd note that Help Center lacks info sometimes.
Olymp trade FAQ section is one of the most exhaustive FAQ that you can find at forex brokers.
There is information pretty much about everything that the broker offers. They even included videos to the text information.
So if olymp trade should be ostracized for, it’s definitely not the Help Center. Apologize!
Member Since Dec 14, 2022   1 posts
Dec 14, 2022 at 21:00
Olymp Trade is a genuine broker for me.
Y'all see how many trading modes it offers? It opens tons of opportunities for all traders regardless of their experience. It costs a lot really.
Member Since Dec 09, 2022   1 posts
Dec 09, 2022 at 16:43
Vertusmart posted:
I like that the broker's website has a lot of information about the company's services. I have already understood a lot about the company, but I still don't know how convenient the broker's platform is. Can someone tell me what is good about it?
It’s very easy to use. Open a demo account and after a couple of hours, you will know more than enough about its functionality. You will see it has many advantages over traditional platforms.
Member Since Nov 26, 2022   1 posts
Nov 26, 2022 at 10:47
I like that the broker's website has a lot of information about the company's services. I have already understood a lot about the company, but I still don't know how convenient the broker's platform is. Can someone tell me what is good about it?
Olymp Trade User Reviews

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