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 May 13, 2019   26 posts
Jul 12, 2021 at 22:24
I trade gold, USD/JPY, and Bitcoin with this broker. I do my best to spot the very beginning of each wave and it’s much easier to do this on their web platform. I do it using a combination of trades with smaller multiplier leverages and fixed amounts. Perhaps, you might have guessed how I do this.
Member Since Sep 02, 2020   14 posts
Jun 28, 2021 at 16:38
Previously, I had absolutely no idea how the Forex market works and was a little skeptical about it. I didn't believe it .. But how surprised I was when I saw that my friend from the next house was trading FOREX. He showed me the transactions and I realized that it is really possible to make money. He traded OlympTrade Forex. Well, I think you already figured that out.
He advised to download the OlympTrade mobile application and trade on a demo account. This is a great practice and it is possible to understand how the trading platform works. I also watched a lot of video tutorials and learned different trading strategies. It was all incredibly interesting and I was very surprised when I noticed that I was good at it and I understand everything. It was a sign that I had chosen the right thing for myself. I am very happy because I am unlikely to change my profession. I trade OlympTrade forex quite successfully .. of course everything is not perfect but it is much better than having a regular job.
Member Since Jan 26, 2020   18 posts
Jun 19, 2021 at 10:47
Devisar posted:
As one with little experience in trading with Olymp Trade, I really like this broker, its conditions, trading platform and website. I am trying to trade multiple instruments, but still would like some advice from experienced traders on what should a beginner focus on, trading fixed time or trading forex?
I advise you to trade Forex because it’s a more traditional thing. Most trading courses today teach exactly Forex. But if you want to try fixed-time, use high expiration periods, such as an hour or longer. In this case, it will be much easier to analyze the market and prepare for a trade.
Member Since May 31, 2021   1 posts
May 31, 2021 at 13:17
As one with little experience in trading with Olymp Trade, I really like this broker, its conditions, trading platform and website. I am trying to trade multiple instruments, but still would like some advice from experienced traders on what should a beginner focus on, trading fixed time or trading forex?
Member Since Nov 24, 2020   3 posts
May 24, 2021 at 19:17
I have been trading with Olymp Trade for 4.5 years, but only for the last year I have been getting a stable profit of about $ 150 dollars per day. I settled on a broker due to its reliability and good regulation. It is similar to betting and sports, but the market has its own laws, the market can be analyzed and provides fairly reliable tools in order to predict with a high degree of probability how the value of an asset will change over time. Of course, you need to find your own technique that is right for you.
Member Since Nov 01, 2020   10 posts
May 16, 2021 at 18:47
Unique trading platform: instead of using existing replicated solutions, the company has created its own trading platform, which makes it possible to fix bugs much more quickly and add additional features depending on the needs of customers.
Member Since Sep 16, 2020   13 posts
Apr 19, 2021 at 20:15
I know trading can be hard sometimes. In fact, most of the time, traders will give up. If you focus on the profit, this will happen to you.
It's better to focus on learning to trade properly. That way, profit will surely follow you around.
I've been trading with Olymp Trade for two years now, and my focus has not changed, which is still on earning how to trade.
Try to visit Olymp Trade's youtube channel and learn from webinar videos that are available there. That's how I do it. And use the website version of the platform so you can explore all the available indicators.
Member Since Oct 22, 2020   12 posts
Apr 12, 2021 at 20:14
I appreciate the opportunity to change the level of risk here. It’s possible because with this broker I can choose an amount for my trade and leverage size (a multiplier value). So, I can risk more or less based on my mood and budget.
Member Since Jul 22, 2020   23 posts
Mar 27, 2021 at 11:04
Good broker. I've been trading here for over two months. I like the terms of cooperation. I have been trading on a real account for three weeks and managed to make two withdrawals during this time. There were no delays, as well as trade problems. By the way, about training. Since I started trading for the first time on Olymp Trade, I had no trading experience before. Luckily for me, the broker has developed excellent training on all points. I learned how to trade with/without leverage on FTT. I hope I will be trading on MT4 soon.
Member Since Jun 11, 2020   11 posts
Feb 27, 2021 at 17:11
Shiber posted:
The demo suits me.
MT4 - I don't use it.
The webinars are great.
I doubt it about the bonus ...
Is it worth using it with a capital of over 7 thousand?
The bonus is a good opportunity to increase your balance passively. Then you will be able to trade for a large amount and use a new strategy.You can also check with the specialists of Olymp about webinars or tips.
By the way, if you are going to top up your account with 10 thousand dollars, then an expert status will get opened for you. Do not forget about it!!
Member Since Jul 11, 2020   17 posts
Feb 20, 2021 at 18:08
I am used to trade with Olymp trade app when I am not able to trade in my laptop. But if your phone has a small screen, it can be hard to read the chart.
It has a simple interface, you will find it easy to create an account. This platform also provides easy to use tools. Here you can start trading with just 10 dollars and get free technical indicators.
Although, the payment is not instant. This process may take a couple of days, but i think I'm able to tolerate it.
Member Since Dec 06, 2019   19 posts
Feb 17, 2021 at 14:49
I have recently opened this broker. I couldn’t expect so many surprises, despite I have a rich trading experience and I have traded with many brokers. Nevertheless, in my eyes this company stands out from others.
First, that’s probably the first company that managed to combine Forex and fixed-time trading in one web-platform. To shift between these different types of trading, all you need to do is to click on one button.
Secondly, they offer to trade Forex either with leverage on Metatrader 4 or using multipliers - you can choose the required multiplier value for each trade. By the way, the use of multipliers suggests trading fixed amounts in contrast with working with the whole deposit on Metatrader.
I don’t trade fixed-time, but I trade Forex with this broker on MT and on the web platform. I make short-term trades on the web platform and use Metatrader for long-term investment.
Member Since Aug 25, 2019   28 posts
Jan 27, 2021 at 16:36
Fixed-time trading - that’s what made me join this broker. That’s a new thing for me and I’m a kind of a person who likes to try something new and innovative. I like the very process of trading with expiration. It’s more suitable for me than classical Forex trading.
Member Since Jul 04, 2020   18 posts
Jan 15, 2021 at 12:21
The demo suits me.
MT4 - I don't use it.
The webinars are great.
I doubt it about the bonus ...
Is it worth using it with a capital of over 7 thousand?
Member Since Jun 23, 2020   16 posts
Dec 28, 2020 at 00:02
My first impression of the company was quite mixed. It’s because fixed-time trading isn’t the thing I’m got used to. However, after I read corresponding articles on their portal, it intrigued me and I decided to try fixed-time on a demo account.
To my mind, fixed-time is an alternative to Forex scalping but delivered in another format. I favor Forex trading and it’s a good thing that the broker also supports Forex and you can trade it on the same web-platform. What’s more, Metatrader 4 is available for conservative traders. So, the company successfully caters to both Forex and fixed-time traders.
Member Since Jun 11, 2020   11 posts
Dec 18, 2020 at 01:42
I personally do not know traders who are not satisfied with cooperation with Olymp, because this company offers the most modern conditions for today.
Demo.
Bonuses.
Analytics.
Education.
It's all available without any fees or special conditions.
But most importantly, the broker's terminal does not experience any large-scale technical failures. Everything works calmly and qualitatively. And you can always be sure that the trading session will go exactly the way you planned it.
Member Since May 04, 2019   26 posts
Nov 25, 2020 at 21:18
At least Olymp Trade is good for that people that want to trade without any pressure. Maybe there are some cons for professional traders, but if you're semi-pro, as I am, then you would be satisfied with Olymp.
Member Since Jun 29, 2020   13 posts
Nov 18, 2020 at 21:08
I like what Olymp offers. It doesn’t bombard its clients with what they don’t give an idea about such as complicated trading terminals. Instead, the broker offers to trade both Forex and fixed-time assets in a browser window. Although the idea of a web-based trading terminal isn’t new, but I appreciate how they did it. For example, I have recently tried trading with cTrader, but found it too complicated, notwithstanding tons of positive reviews online. Their web platform is absolutely different. It’s very user-friendly and doesn’t require much learning. You can start using from the very beginning.
Member Since Dec 15, 2019   20 posts
Oct 31, 2020 at 01:30
At first, I had rather a mixed impression of Olymp Trade because what I saw on their site wasn’t similar to what I got used to.
The very availability of a web-based trading platform wasn’t surprising for me. Today, a great number of brokerage services offer web-based trading solutions. I was just the first time I saw fixed-time trading. Previously, I dealt only with stock and Forex trading – quite typical things, existing for decades.
Once I tried fixed-time trading, I realized that it’s a very dynamic and promising type of trading. It ideally suits those who don’t like long-term investment. Here you can choose the optimal expiration to determine how long you can keep yourself waiting for a result.
Member Since Dec 14, 2019   22 posts
Aug 26, 2020 at 20:34
It is difficult for me to say that I am already a professional trader. Yes, I get my income and am quite stable, but I am still quite often confused because I am not always good at news and in general what happens in the market. But recently I started to study the reviews of this company in more detail. I noticed that it is published quite often. And it has detailed and accurate information that helps me to work on my ideas at least on a demo, now the picture becomes clearer and I'm beginning to delve into fundamental analysis. So far I only work with a small leverage of 1:50 or 1:100, but I'm already starting to feel more free. I hope this is just the beginning of a positive change.
Olymp Trade User Reviews

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