OlympTrade Review – Is it SCAM or LEGIT Honest review 2020

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Olymp Trade Review – Is it SCAM or LEGIT broker?

OlympTrade

  • Great customizable platform
  • Low minimal deposit
  • Beginner friendly
  • Free demo account

OlympTrade platform is a popular online trading platform, and has been serving customers since 2020. But what makes Olymp platform a reliable choice for many investors out there? There are a number of reasons why Olymp Trade is the choice platform of many informed and experienced investors out there.

  1. Security and reliability of the platform. As a leading investing platform online, Olymp Trade is considered an A-recognized member of international Financial Commission, an organization that secures the interests of investors. Since the trading platform is a member of this organization, unlawful acts are covered up to $20,000, which is sourced from the Compensation Fund.
  2. Minimum amount required to start investments. The minimum amount to deposit to start trading on this platform is $10. This means that almost anyone can join the platform and become a trader.
  3. Easy access to training and educational materials. The training and helpful resources are open to all members of this trading platform.

These are just the reasons why it’s this platform is popular among many investors, beginners included. I think that OlympTrade works the same way as IQ Option – profesional, reliable and real trading. If you are still interested as to why this platform is highly recommended, then we suggest that you read this OlympTrade review.

OlympTrade’s professional trading platform

Compared to other investing platforms out in the market (such as Binomo‘s), the Olymp Trade is a customized platform that was designed by experienced programmers, traders and financial analysts. The team also continually improves on its services, so customers can count on a platform that is working 24/7. The ability to customize is actually one of the best selling points of this platform. For example:

  • You can choose how the charts are shown, for example it can be displayed as a line chart, candlesticks or using Heiken Ashi
  • Vary the colors of the chart

This is what you will see right after logging for the first time – Demo account ready to go!

Aside from the visual effects of the charts, the technical settings can be configured as well:

  • Change the time frame from 25 seconds to 1 month when using the area chart, and change from 15 seconds to 60 minutes when using the Heiken Ashi or Japanese candlesticks
  • Use oscillators and indicators for accurate reading of the charts

Special Features of Olymp Trade

Olymp Trade is considered a trading system that makes use of an online trading platform. The features and functionality offered respond to the needs of the customers, and most of these features will generally appeal to investors who are just starting out. Compared to other popular platforms in the market, Olymp Trade provides free registration, and all new members and investors are given 10,000 credits. The free credits can be used by the new member to try out the system and investing platform. Through the use of the demo account, customers can explore their trading skills and try out a few more strategies before trading for real money. The only thing an investor may notice is the absence of incentives. Instead of the usual perks, Olymp Trade provides low investments and starting trade.

OlympTrade Offers a Demo Account

It should be kept in mind that the platform also provides customers with a free demo, with 10,000 virtual dollars and this is given to the customer as soon as the account has been made. The free demo capability of this platform is welcome news for the beginners since they can try out a few trades. Also, there is no time limit to consider when using the free demo. Investors and customers of this platform can practice all they want without having the need to risk the money.

Trading Terms Customers Should Know

  • Minimum deposit amount: $ 10. Deposit $ 2000+ to upgrade to a VIP Account.
  • Minimum amount required to trade: $1.
  • Maximum amount to trade: $ 2,000 for standard account holders and $ 5,000 for VIP traders
  • Successful trade payout: 82 % for standard investors, 90 % for VIP-account holders
  • Minimum allowable withdrawal: $ 10
  • Withdrawal times: Takes 24 hours for standard account holders to a maximum of 3 days, and a few hours for VIP investors
  • No withdrawal fees
Broker Bonus Min Deposit Payout Review Open Account
FREE DEMO ACCOUNT $ 10 82 % for Standard, 90 % for VIP accounts* Review Trade Now!

At Olymp Trade, investors and customers can count on friendly terms which can be helpful in making the trades. When using the service, investors can count on minimum investments and faster withdrawals.

Banking and Withdrawal Options

Olymp Trade provides its customers with a number of options when it comes to deposits and withdrawals. When it comes to deposits, investors can choose from the following list of payment processors:

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  • E-wallets like Web Money, Neteller, Skrill, Bitcoin, Qiwi and Yandex Money
  • Use of Visa and MasterCard
  • Boleto, for customers based in Brazil

Withdrawals can be made from these payment processors as well.

Here’s a note when using the banking option of this platform: you can make a withdrawal from the platform where you have completed the deposit. The maximum waiting time for a withdrawal request is 3 days, but the platform strives to complete the withdrawal in the fastest possible time. If you are a standard account holder of this platform, then the average waiting time is 1 day. But if you are a VIP member of this platform, then the average waiting time is just a few hours.

OlympTrade In India and Pakistan

This broker is really popular in these countries last year and we are getting more and more questions from Indian and Pakistan traders. So If you are from India or Pakistan and you are wondering if it’s possible for you to register with this broker, respond is – yes, you can trade with this broker! OlympTrade accepts Indian and Pakistan traders.

And what more – this type of trading (options trading) are still attracting more and more people from these countries and it became a way, how they make money for a living.

As it is written above, you have many possible ways, how you can withdraw/deposit to this broker (visa, MasterCard, Astro pay, Neteller, Skrill, Qiwi, Yandex money, web money, etc…). So you don’t need to worry about this – there is always a way, how to deposit and withdraw your money from the broker.

OlympTrade in Nigeria

We are also getting a lot of questions from Nigeria and it’s kinda similar to the questions we are getting from the Indian and Pakistan traders. So – If you are from Nigeria (or another African country) you can trade with OlympTrade – it’s allowed.

Deposit and withdraw methods are same as for any other country. For possibilities – check above.

How to verify your account?

If you are from Nigeria, India, Pakistan, UK, whatever, the process of verification is the same for everybody on this planet. We are getting more and more questions about “how to verify my account”, “what documents do they want” etc… Please read this below carefully and keep in mind, that the process of verification is still the same and same for everybody, so you don’t need to worry about anything! Let’s go.

So to complete the verification (to withdraw your money) you need to send these documents:

  1. A photo where you hold your passport/ID card in expanded form and where they can see your face and the details in the passport/ID. It’s like a selfie with an appropriate document – nothing more. Note that the photo must be from your shoulders up and it must be easily seen (no blurry). Like on the image below.
  2. Then you need to send them also the photo/scan of the appropriate document that you want to use – ID or passport.
  3. If you used for the deposit a credit card, you also need to send photo/scan of the card from which the payment was made. On the card, the first 6 and last 4 digits, name and surname must be seeable. The validity of the card and the rest of digits can’t be seeable (cover it). The reverse side of the card doesn’t need to be present (they don’t need it).
  4. If you used for the deposit an electronic wallets – A photo/screenshot of the personal electronic purse (Skrill for example) need to be also sent (screen the detail of your account). The information you need to provide is – the picture of number, owner’s name, and the second photo/screenshot must be of that right money transfer (that one your transferred money to OlympTrade).

Where to send the documents?

Upon receipt of the verification request, all the necessary documents must be sent to the e-mail – [email protected] together with the login (the login is the email address) you put during registration.

How long does verification take? Processing of the documents takes up to five business days. And the result of the document verification you will find on your email because you will receive an email with notification about the result.

That’s it – If you need to help with the verification, let us know and we will try to help you.

Types of Accounts Available on Olymp Trade

  1. Demo Account. This account is provided for free, and each account will be assigned 10,000 virtual units. Interested individuals can simply sign up for an account on the website.
  2. Standard Account. A minimum of $ 10 or its currency equivalent is required to enjoy this account. Under this account, investors can trade at a minimum of $1, and a maximum trade worth $2,000. The maximum possible profit that one can get is 80-percent of the investment made. When it comes to the withdrawal of funds, the minimum amount that can be withdrawn is $10 with no set limit for the withdrawal. Withdrawals can take an average of 1 day, with a maximum waiting time of 3 days.
  3. VIP Account. To take advantage of this account, interested investors must deposit $2,000/or its currency equivalent. For this account, the minimum deposit required here is $2,000, and when it comes to trading, the minimum is set at $ 1 and the maximum is set at $ 5,000. Aside from faster withdrawals, VIP members can count on a number of perks. If you sign up for this account, you get the assistance of a VIP consultant and you are given access to leading financial analysts and other trading tools.
Broker Info Bonus Open Account
USA Allowed No
Assets:
Payout: 82 % for Standard, 90 % for VIP accounts*
Demo Account: Yes
Min Deposit: $ 10
FREE DEMO ACCOUNT Trade Now! Read Review

Helpful Trading Tools

On top of the standard tools that are offered by the website, Olymp Trade also offers other friendly tools that can promote a satisfying trading experience:

  1. Support for cryptocurrency. This platform is known for its proprietary Cryptoindex, and this is complemented by Bitcoin, Ethereum, and Litecoin. You can trade these assets anytime, and are known to provide better return of investments.
  2. Trade cancellation. If the trade is not going your way, this platform gives you the chance to order a cancel trade. If this option is exercised, customers can get up to 60-percent of his investment.
  3. Pending trade tool. This is a result to sell or buy a particular option within a set time, or when an asset has reached a targeted price.

Education and Training Within your Reach

If you sign up for an account with Olymp Trade, you are given the chance to access free resources that can be helpful in your growth as a trader. All members of this platform can use:

  • Interactive course
  • Webinars and video tutorials
  • Recommended strategies by top financial analysts

Our Educational Materials

If you don’t want to be dependent on your broker, you can simply go through our wide range of educational materials we prepare and offer on xBinOp.com. Click a button below to see more!

OlympTrade on Social Media

Olymp Trade is one of the popular investing platforms that makes use of the social media. Social media platforms like Facebook and YouTube are used to the company’s advantage, and these platforms are used to distribute learning materials and resources to its members.

Traders and interested students of investing can watch live stream on Facebook, or join webinars that are hosted on YouTube. With the use of the platform and the availability of massive educational resources, we can say that the Olymp Trade is a helpful platform for all types of investors. Today, the website is considered home by more than 6.5 million users, and more than 20,000 traders are active on a daily basis.

OlympTrade Pros

  • Great customizable platform
  • Low minimal deposit
  • Beginner friendly
  • Fast withdrawal times

OlympTrade – Review author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

OlympTrade Details

✅ Broker OlympTrade
✅ Website URL www.olymptrade.com
✅ Founded 2020
✅ Trading Platform Custom made platform
✅ Minimum 1st Deposit $ 10
✅ Minimum Trade Amount $ 1
✅ Maximum Trade Amount $ 5000
✅ Bonus FREE DEMO ACCOUNT
✅ Payout 82 % for Standard, 90 % for VIP accounts*
✅ Free Demo Account
✅ Regulated
✅ Regulation Regulated by FinaCom
✅ Account Types Standard (10-2000 USD Deposited), VIP (2000+ USD Deposited)
✅ Account Currency USD, EUR, BRL
✅ US Traders Allowed
✅ Mobile Trading
✅ Tablet Trading
✅ Overall Score 4.9 / 5

Open Account!

157 Responses to “Olymp Trade Review – Is it SCAM or LEGIT broker?”

That is a surprisingly low threshold for getting VIP account at Olymp. I’ve learnt that VIP customers get better payout rates at Olymp, not only personal assistant. 92% or 82% seem to make not that big difference, but in fact it is a huge difference that these 10% make. Unfortunately I don’t have that much spare money yet. My plan is to turn my $500 into $2000 and become a VIP client this way ��

Hi there. Its been apx 2 months now im trading with Olymp. I have no problem with Olymp so far. They have paid me for all the withdrawals so far on time. I had made apx 3000% profit within this period and all things are well. But the only problem i have with Olymp is the Trading limits. Whenever i try to execute trades with higher amounts, the account automatically get restricted. Then i wont be able to trade for cpl of days. When i tried to contact the Customer Care, they are asking me to trade with 1$-5$. But i want to give orders in 3 digits, and not one digit. Can some one help me to understand how to overcome this issue.

Can i conform that it will continusoly trade the account from different commedities ? and withdrawal amount should be initiating late to bank/card?

Hello am from Nigeria if I start trading with 10 dollars how much am I going to make as profit

Hi, this is Brayden (name changed). I have been trading with Olymp Trade for the past 41 days. My total investment is 73$. The best part is that I had already made my first withdrawal of 110$ and it got credited in my bank without any issues. So the best thing is that my capital is secured. Now I have $400+ in my account. I have ordered for a withdrawal of 150$, and its been 3 days now with a response from them that they are investigating my account to check if I have violated the law or not. Let them investigate if that is part of their process. I have no major complaints with Olymp so far. Some inconveniences are there everywhere. Even though I have secured my capital, I’m looking forward to make some profit and withdraw them. I’m currently working as a full-time trader. So ill be happy if things go well. My advice is that just study and understand the market and go ahead. Do not gamble. Demo trade first, and then invest a small amount and trade and learn with live money. Im in the forex industry for 12years. I’ll post a detailed review after 3 months of my usage with Olymp.

I come from Tanzania, I want to invest but I have no passport card

Don’t do it…..
Short answers for this question are not enough…
Let me give you brief about the realtime experience with olymp trade…-yes it may provide you some amount as winning amount in beginning…
But then after 3 4 wins and few losse ..
You cm to realise that… its actually a big hoax…you are fooled in the name of trading… you are simply playing bets for the trade going up or down….again , the app does every possible thing to catch you at your most vulnerable points of mobile usage like… screen lock, network loss, application switching and all other similar aspects… if you are in the middle of a trade and unfortunately your screen gets loked or so… when you switch on your screen, all your trades will be lost… this happened every single time when i had to lock my screen while trading.. infact i used to trade multiple bets in single go.. they all vanished without the trade being complited…
The same happens when you relode the app after app switching and network loss situation.

Also the app reads your psychology and trade behaviour and starts snatching money with altered algorithmic strategies.. at the end of the day… you will have nothing in your pocket…
In short.. beware..

They are big Cheaters…

Hello, do you have some bad personal experience or why you are saying this? �� Let us know. Thank you.

Olymp Trade works since 2020 and offers services in various markets. Personally, I have been working with them for 2 years and so far have not noticed any deception. I don’t know where you got it from, but it seems to me that either from slander on the Internet or from negative experience. If this is simply based on others thoughts, then this is bad, because you are simply misleading people. If you have a negative experience, then share trade does not offer guaranteed earnings or golden mountains to everyone, they offer a high-quality terminal and a set of tools for traders, as well as training for beginners. I am very sorry that often people perceive trading as a place where anyone can get rich, this is not so. But the brokers themselves are largely to blame, who in the 90s and 00s positioned trade as an opportunity to become rich. And many come to trade without learning, and then lose and blame respectable companies like Olymp trade. Just in order not to lose money, you need to study hard for a long time and not wait for millions on the first place.

Where to study and how to study olymp trade

Olymp Trade Review

Olymp Trade

Reason to avoid: No License

Listed Date: January 11, 2020

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Beware Olymp Trade is a Non-Regulated broker. It is NOT SAFE to trade.

  • Our Review
  • Olymp Trade User Reviews
  • Olymp Trade News
  • Company name:

Olymp Trade – Smartex International Ltd

  • Registration Address/ License:

St. Vincent and the Grenadines

Is Olymp Trade a scam or legit broker?

No, it is not safe to trade with Olymp Trade. Olymp Trade is owned by Smartex International Ltd which is an offshore company registered in St. Vincent and the Grenadines.

St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as CapitalXP, Welkron and more.

The company claims to be one of the fastest growing companies that deliver access to trade to the client at any level, increasing its trading volumes daily and currently closes around 32M trades per month. Moreover, the broker received numerous awards, the world industry recognition for their services, options trading platform, fast growth, and innovations.

Nevertheless, the company operates without a proper license from the industry authorities alike FCA (UK) or ASIC (Australia) that protect clients and delivers necessary regulation to the service providers along with the convenience to the users and, of course, their investments.

According to the website, Olymp Trade a membership in the international Financial Commission (FinaCom). Even though the FinaCom is a well-respected organization, it is a self-regulatory organization which cannot guarantee the safety of the trading environment and does not regulate the daily operations of the company, therefore can’t provide necessary protection to the client.

From our source, it costs €24,000 per year to become a member. However, and there is no handbook or guidelines for brokers to run their business. Therefore, there is zero protection for traders. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.

We advise all investors and traders to avoid Olymp Trade and other brokers from St. Vincent and the Grenadines. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FXTM and FP Markets.

55brokers.com for Forex Broker Reviews

I very often communicate with other traders, sit on forums and generally try to keep in touch by all available means. And that’s why I like when a broker can help me in this. For example, at Olymp Trade there is a whole group of social networks that allow traders to get acquainted with the trading terminal faster and quickly learn all the features and functions, it allows you to start working in the way you want from day one. Plus, this is a great way for beginners who do not understand what to do and where to run, and in tandem with experienced traders, they are able to immediately get answers to their questions and also become a professional who is well oriented in the market. This is a cool tool and a great opportunity.

If we talk about modern brokers, which I have been looking through in recent years, it is olymp that has attracted my attention as much as possible, because it has a huge number of services that can help both a beginner and a trader who has been trading for several years. Right here you can conduct market analysis and make transactions using dozens of assets from currency pairs to commodities and stocks. There is some incredible dynamics here, which allows me to work hard and quite actively, and that’s considering that I trade for about five hours every day. I think everyone can find something here for themselves, and there are good spreads and commissions, so you can give yourself the full freedom of action…

No news available.

174 responses to “Olymp Trade”

this is a cheating platform

seriously i almost started before i just met you guys thanks.

I will not agree with many of the reviews, because I have been trading here for a long time and I have never had any problems…

There is no problem to trade with olymp?

Once in a while there are some problem with this platform. Like this recently the candlestick changes color issues. But after many complaints were made, the Olymp Trade tech support team responded quickly to fix the problem. So y advise, with Olymp Trade you don’t have to worry about any problems as the tech support is very approachable and efficient.

Maybe you just need to learn to trade? My first year was in red, but I wasn’t complaining, I was training. Now I make enough money, withdrawing money on regular bases, and the company doesn’t complicate it. Although I withdraw quite big amounts. And they started to cheat on you for some reason? How’s it look?

Is it safe or not to trade with olymp trade?

Based on my experience I can say, that yes. This is not my first year of working on Olymp Trade, and I didn’t have any problems even once. Until I learned how to trade – I used to lose money, when I finally worked out the strategy – I started making money. The company wasn’t putting a spoke in the wheel, everything was honest and transparent from Olymp Trade’s side.

Comment pls hat Is the strategy

What’s the strategy?

Sorry can we talk via mail pls

Wow that’s good please if u wouldn’t mind lets talk on WhatsApp am new to this platform I need ur assistance or email me @ [email protected]
Thanks so much.

Did you got payment ? Can you prove that payment what you received from Olymp Trade!!

hi can you help me understand more about this trading in Olymp Trade?

Hi seliw I hope u see this message pls I can even pay u if u want I really need u to guide me on how to trade.thanks

Please what is the strategy

Please I want to trade on it who can help me

Can I link up with you for guidance. Soo I don’t loose money because I don’t have plenty money to loose. Lol

Pls what’s the strategy you are using to make profit on this platform? I really want to know as I am interested in starting immediately.

It is NOT safe to trade with Olymp Trade, since the company is NOT regulated and registered offshore. We always warn our readers to stay away from such firms and choose from the Regulated Brokers https://55brokers.com/forex-broker-reviews/

It seems people re making more money from brokers that re not registered though unsecured than those that are registered, d testimonies re rolling in

Hello Seliw, I am interested to learn more on how to trade on this platform, how can I come under your tutelage. My email is [email protected] thanks

Hello pls am new here
Can I get enlightenment on the Olymp trade??

Whatever it is, Olymp Trade is not a rich quick scheme or a gambling platform. Trading here is a serious business where you need to thoroughly study the current market before opening your trading position. To me, patience in trading is very important.

Hi Seliw! Can you mentor me, I am a new comer. Thanks in anticipation.

Please help me on how to use this trade

I suggest you go through some basics videos in Olymp Trade Global youtube channel. So many info you can find there.

So many times I’ve heard this. There is something wrong with the market data! Broker is a scammer! Someone is watching my trades and makes the market go in the opposite direction. You know what? Bullshit! As one famous trader said: “You lose money not because your mom used to spank you in childhood. You lose money because you either don’t have a trading system or don’t follow it.” So stop accusing Olymp. Better work on your trading style. Good luck!

Why you said that sir ? As far as I know, Olymp Trade never cheat. All my profit they paid accordingly. And if I have any issues, the customer support is always available to help me out. The trading chart reading is identical ti tradingview. So may I know at which part that they cheat?

How long do you get payment after withdrawal?

The promised period is 2-5 business days. But Olymp Trade will usually process the request within 24 hours. I’ve several times received my withdrawal money in less than 24 hours.

You should start with basic trading knowledge like technical & fundamental analysis or simply go for online trading courses like stock market & forex trading .if you don’t wish to spend a lot … that been said …. Even after learning the basics practice with demo account .. To over come that anxiety and fear of losing your trades you’ll have to trade with real money in live account … I don’t know about others but my experience with them has been very very good ….. You can make consistent profit you just have to learn everyday … & Most important you don’t have to make mistakes to learn from them …. You need risk management and a strategy ….Your strategies not other’s ….

Ohhh really but they just gave me a withdrawal of 3000 $ when I just invested 50 $ why would they do that …. Charity ..

Like seriously i was scammed two days ago 20k by mohammed usman on Facebook cause of diX fvkin stuff called OLYMP TRADE

Well, the broker has nothing to do with it, you can only trade on your own, I don’t understand, you gave the money to someone?

Can you give us vivid explanation as to why you called them a cheat, thanks.

They are scammers and thieves

Olymp trade cheats. I registered with them and I notice their platform is programmed to cheat. You can never make money with Olymp trade

How did you manage to notice that? Is there some kind of a red light on the platform that starts flashing and beeping: warning, warning, someone is earning money here!? I’m sorry, but if you really noticed that platform was meant to rip off the customers you would have provided much more details rather than just saying “they cheat”. Your comment sounds more like some competitor’s provoсation.

So which forex trading do you guys suggest??

Comment Area if tessline will come back by September its good to invest with them..

Comment Olympic trade is a scam, avoid it at all cost.

Well well… I made another withdrawal a couple of days ago, and it’s all OK. In fact, I’ve been doing it recently on a monthly basis, so if it’s a scam… well, at least I’m definitely not affected by it �� Am I the only one who earns here, huh? Are you guys all losing here, or what? �� But I guess I’m not doing anything special, just trading with a strategy, managing the risks, and all the stuff… That’s quite enough to make money on here, really ��

Comment please what’s the strategy? I just lost $300 and I need to get it back

Well, I guess I won’t disclose the details of my strategy to you, all the more in an open forum, lol. I spent months to elaborate it. You’ll also have to spend some time in order to learn trading, if you’re really interested in that. I’d only recommend you to start with learning the basics of technical analysis. Personally for me, trading by means of Fibonacci levels is very helpful. That’s actually the basis of my strategy. You can also try to experiment with them, and then you’ll know which way to go, as soon as you receive the basic experience. Just try not to invest too much money at once – remember about the money management. Or, alternatively, try trading with a demo-account at first ��
If you’ll immediately rush to win back your $300, you’ll just lose more. Do it smart, dude, learn to think ahead.

Hi, does Olymptrade provides monthly statement?
I could not find a place to print my loss and profit and more important, i need to print my withdrawal.

hi can you help me understand the process?

please what the strategy I want to know the strategy of trading with Olympic trade you can

Am a beginner can I start with $30 and get profit for the first time

Please, check the list of the Regulated brokers https://55brokers.com/forex-broker-reviews/ where you can start with depositing the minimum of $10-$20.

I started with a demo account while earning by when I invested in my live account, I didn’t have a chance to get profit, so is this platform real serious.

Pls I need u to teach me ur system of trading. This is my email.

Olymp Trade is legit guys. I made 3k USD in 3 days.

Can you teach me how it works please. I am new in the business. Thanks

Please can u teach me how to trade here am new please

you should read books concerning that matter

Please I need you to teach me a strategy on how to earn in options or forex please. I really want to make some money for myself and stop begging people for assistance.

We would advice you to choose from the Regulated brokers https://55brokers.com/forex-broker-reviews/. Olymp Trade is NOT regulated, therefore, you might just never get your money back after investing with this broker.

Please, check available Forex seminars and webinars, where you will be able to learn more about trading. https://55brokers.com/forex-webinars/
https://55brokers.com/forex-seminars/

Gd… Well guide me 2

I like the Olymp Trade platform. It is really convenient to trade on, especially with technical analysis involved. I haven’t seen any other trading platforms with such amazing service of technical analysis as here – and hey, that’s even for free! For quick analysis, you might as well use the main platform – it has all the necessary charts and indicators, but for some serious analysis you might want to switch to the platform specifically designed for this. It offers like hundreds of indicators and a great many of other tools, charts, and all this stuff. Personally I’ve never failed to find the necessary tool there.

অনেক ধন্যবাদ আপনাকে। আমি ও চাই আমার ভাগ্য পরিবর্তন করতে। আপনার সাহায্য কামনা করি।
তপন চন্দ্র শীল।

Olympic trade are scam’s

LOL, I really wonder what you could have told him to freak him out that much? :))) If you open the chat once again, there will be a different agent – you might set out your compaints about that Ibrahim fradrack to him. Or just ask the support to punish that rascal.:))) But actually, you’re pretty lucky – I always get exclusively polite and helpful agents! So hella boring, I can’t even find fault with anything…

Why you write so? You’ve traded with them? You have proofs? Or what force you to claim so? If you have proofs, than publish them and let all people see. Or you just have lost money and got mad? Personally I trade Olymp for 4 years and didn’t noticed nothing like this for all this time. So where is a truth?

The agent of Olympic trade Mr Ibrahim fradrack l start the platform with him he blocked me up on our chatting

Maybe it was an accident, write to olymp trade support, I’m sure you’ll get help.

Looks like a scam. Everything works fine in demo, as soon as you go live everything turns to shit. Chart freezes, prices zoom the other way to impossible levels so you can never end in the money. In fact prices just zooms the other way and freezes moments after places the “trade”. Its all fake.

What do we do now? How do we get out?

What do you mean – “How do we get out?”? And who’s actually forcing you to stay? If you don’t like it, don’t trade, I don’t see a problem. Trading is really not for everybody – some people can learn and gradually go into the black, while others give up at the earliest failure and start screaming that it’s a scam and one will never earn here. It seems that you belong to the second category…

You mare definately right, when.people flock in with excitement and know underdtsnding soon then vall it a scam, just fuckoff and fins descent dailly job. My advice is make money and withdraw and submit all verification and then wait for for your withrawal and then you can come here and say scam or not

Then just say Mr. Manil ; what is the actual process of trading? and if you are able please giving a prrof to us that how much money income through this? This will help us to trading in this platform.. can you help ?

hi there i face the same problem like the chart freezes, prices zoom the other way to impossible levels and support live chat box that doesnt open when you click, and when you call the staff they couldnt answer all your questions and they pass to one another arrggh. bad experience for me. I give up with olymptrade…really i loose a lot my money here but i still stay with them hoping that things are going to get better but too bad… they have done so well with the platform upgrading and so on but they cant secure their plarform. i already request for closing my account.

I’ve been working at olymp trade for a long time and I’ve never faced anything like this, maybe you should update your browser, sometimes it’s because of this that everything hangs and deals are executed late…

Unfortunately, I m still learning the process. I m yet to understand everything, but I have great determination to do so. So far, I have been trying both sides-the demo and real account. I believe the platform is good for those who are patient and willing to learn. I strongly believe that given the risks involved in trading, one has to practice enough for the process. Nothing good comes on a sliver plate!

Everywhere page I open that has to do with binaryoption or forex investments all have great customer reviews but when I tried investing with binaryoption, from plus option, to binomo to IQoption, I lost a lot. I still have someone helping me with my trades but I keep losing and now they want me to invest more money. I need to speak with people who have invested and had similar situations. Please reach out to me on my username

Invest $500 abd I would double it 07051256071

i have never experience any of the negative mentioned in most of the comments
i have tried Olymp trade and made some money and also withdraw the money withing three working days,

i am looking for a winning strategy to make money on the site

do u have a strategy

How were you able to achieve that goal?

I need a help on how to trade safe

Olymp trade has been operating for years and I am surprised to hear that they are a scam broker. Most new traders feel losing a trade or all their investment is foul play from the broker’s side.I will believe that plump trade is a scam broker if someone was not able to withdraw their profits that they have made with the broker.

For traders who are still struggling to make profits in trading, I recommend you invest more in your education rather than heading straight for the markets.

There’s a book that changed my life when it comes fired trading, titled “Price Action the ultimate Indicator:Money Never Sleep by Fillemon Helondo” It comes pricy but you won’t regret your purchase.

I wish you a happy trading all

Today it’s almost a year that I’ve been trading on Olymp Trade platform. So it’s time to sum up:) Concerning the pros, I can say this platform is really classy – I mean, it is convenient, with a user-friendly design and all that is needed for trading; and at the same time, it doesn’t contain those kinda “”professional”” things that just confuse you but never-ever come in handy at all. I guess the payout rates on deals are also pretty high – you know, I occasionally watch reviews of other brokers and never saw rates that would be considerably higher. In general, the rates of competing companies are either lower or roughly the same. Besides that, I really liked the training. Attending webinars from the very beginning was cool, I learned much useful material. Can’t even imagine how much money I could’ve foolishly blown in the very beginning if those webinars hadn’t taught me the basics of trading ��
As for the cons, I’d note only that you have to withdraw money in the same way that you made a deposit previously. You see, I made a deposit with an e-wallet, for I didn’t really know where to apply that money anyway. At the same time, I wanted to withdraw money directly to the credit card, but this isn’t the way it works. So now, I’ll have to make another small deposit, this time with my credit card. It’s no big deal actually, there are no commissions for that. Just…a bit inconvenient, you know.

I am new in trading but i use to play iq demo it was a little bit complicated for me i then tried olymp trade i found it simply and interesting i made my first deposit and started to trade for really money i lose my money like i nerver practice but i didn’t gave up i came back with new strategy i made money in olymp trade and i tested my first withdrawal i was shocked and ver happy to receive my money .the process of withdrawal took two days.but guys if you say olymp is a scam you are disappointing me i still get money in my account there

Don’t worry, Mafika. People losing money on financial markets often blame third parties for own mistakes. Their broker for example. You’ve learned your lesson, developed a responsible attitude to trading, so don’t worry about OIymp’s critics. Just remember, your success is the product of your own discipline and persistance.

How much money you are getting in your account now??

I’ve been trading with Olymp Trade for more than a year. In general, it’s all fine. Of course I don’t always manage to receive profits, trading in the red is not such a rare phenomenon. At the beginning of my trader path, I did lots of silly mistakes that I could’ve easily avoided �� However, I’ve learned from my own mistakes quite a lot, so it helped me get where I am now. At the moment I’m trading in the black and gradually growing my capital. So far I’m not planning to leave the platform, especially that it is also developing and getting better. Much like my trading skills, naturally ��

So far,I have been reading through the comments and a bit confused on which way to follow now. the truth is that I just need to know which is the better trading platform to start investing on. I use the word “better” because in business there is no perfection. please I really need a sincere and genuine response asap. thank you!

What are your impressions of using OlympTrade?

I have been trading here for 3 years. I like the platform. I believe that I am a trade professional �� If you have any questions, you can ask them. I will help you deal with the platform, although it is easy to use.

Comment owiras I have questions for you about olymp trade,send me mail on [email protected] so you can tell me more about it

Comment Area Tell me about your strategy

Please kindly teach me the strategies to use on olymp trade

We would advice you to choose from the Regulated brokers https://55brokers.com/forex-broker-reviews/. Olymp Trade is NOT regulated, therefore, you might just never get your money back after investing with this broker.

Please, check available Forex seminars and webinars, where you will be able to learn more about trading. https://55brokers.com/forex-webinars/
https://55brokers.com/forex-seminars/

Iqoption is scam platform. They manipulate the trendline if you are in profitable position in binary option.I donot know about olymp trade. I just created account

This article is not about Iqoption XD
Be careful what and where you write.

OLYMP TRADE is a good trading platform. I have been using this for 2 years now. If you understand that this is not an easy way to make money, then you will earn. If you want to make money, you must have analytical approach. If you do not have analytical mind, then I advise you to forget about making money on the Internet. You will lose your money.

I recently learned about OlympTrade platform, started to read the reviews and noticed, that there are many contradictions in reviews. Then I decided to try trading on the platform just for myself and find out what’s a lie and what’s true.
Now I can share my impressions.
You can trade on the platform through the mobile application or the computer. The mobile version has many tools as well as a full desktop version, I think, they fully substitute MT4.
There is a separate window for technical anaysis, there is a widget of free signals, which I liked a lot. There is a separate training section for those, who are just starting. I watched a few webinars and was satisfied with it! If I came across something similar in the beginning, I think, I could succeed earlier.
After watching a webinar, you can try the strategy on the demo-account right away, therefore the theory always will be supported by the practical part, and it will bring some good results.
And after you will be trading and receiving the income on a demo account, you can try to create a real one by depositing just 1$. Making a deposit is a simple and clear process, the money will be accepted in a few minutes. The withdrawal is also fast, the broker promises to withdraw the money within 24 hours, but I received them in approximately a few hours.

I’ve learned about Olymp Trade a few years ago. Back then my brother was passionate about the trading on the market and showed me this platform. I forgot about Olymp for a year, and half a year ago I remembered it and decided to test.
For the beginning, I created a demo account and started getting to know the platform. Then I found the community of traders on facebook and started to communicate with them at the same time learning their trading strategies and some small lifehacks.
At the same time, I was watching different webinars and read much information about the market.
Two months ago I switched to the real account. And yesterday I made my first withdrawal. I didn’t have any problems with it, everything was very fast.
So I’m happy with the platform and recommend it to all!

I have a demo account in Olymp Trade. I watch strategies in youtube and try in demo. I think this platform is very easy when you learn how to do it first before starting in a real account. I’ve plan to start trading this year. May God bless us all!

I hesitated to write a positive review about my broker, because.. oh well, I’m just lazy. But you see, a friend of mine has just lost his monthly salary equivalent because the broker he used (may his name be excluded from Google cash forever) cheated with market data. There was a huge spike which swallowed half of his deposit and sure enough you can’t find this spike anywhere else. Neither at Trading View delayed data, nor at other data providers. I’m sure this broker did this before too, it just wasn’t that obvious.
I’ve always been telling him to switch to Olymp Trade but he never listened. So I’m just trying to prevent as many people as possible now from the same mistake my friend did.
Olymp offers decent spreads and commissions policy and it doesn’t swallow all of your profits if they happen to occur.
Their market data is honest
Funding accounts is easy
Tons of instruments to work with
Withdrawals of profits go smooth (you’ve been waiting for this one, ha?)
Trading platform is stable and convenient
Do I have to go on?
You see, lots of people get stuck with their trading simply because their broker does not allow any profits to come in. There are tons of measures they can take to prevent you from profiting and you will never know. Discipline, emotions, proper systematic trading… yes, people often lack this but success on the market is not limited to these things only. Broker is your nearest partner in this journey to financial freedom, so you’ve got to choose this partner thoroughly. Please don’t run into same mistake my friend did, wasting months or even years of your life fighting with the windmills your broker puts on your path. I know for myself that Olymp is my dear Sancho Panza and he never let me down. I’m not telling you to go with Olymp only. I just wish yall to find the partner you trust as much as I trust mine.

Can’t say it was easy, but I did it! I’ve withdrawn my first profit from Olymp Trade. It all looks very easy when you watch these commercials or even trading tutorials. In fact trading digital options is a difficult job. You have to be prepared to some failures before you finally learn to identify the mood of the price: where it wants to go, what is the tendency. I tried following some other people’s advice but it never worked out well. Only after I learnt myself to trade thoughtfully and pay enough attention to price studies, then only profits came in. I’ve started with $100 and withdrew my first $300 finally last week. For someone this amount sounds ridiculous, For me this is the first step on the path to financial freedom.

That’s nice bro please am new into it pls would you help me on how to understand its work WhatsApp +2349035189557 or email me @[email protected] Com
Thanks so much.

Can you all guide me to success as I just created account with Olymp. WhatsApp me through: 07034032995. Thanks alot

They are not truthful, Indeed after trading with them for some weeks on the the real account. they got up one day and denied me access to my account. I had written to them without any response

First of all you need to find out whether you’ve completed the verification process on your account. This can be the problem. Once verification if completed, your account will get unlocked and you’ll be able to withdraw profits anytime with the verified payment method. You’ve got to pay attention though,that its only possible to withdraw the money using the same payment method you funded your account with. This policy has something to do with the anti-money laundry act.

I have not make any deposit into my trade account because i am a newbie. I would like a person who knows how to trade come teach me to avoid losses of money. [email protected]

In my opinion Olymp Trade has got the most advanced trading platform among all online brokerages. I know many of them use MT4, but I absolutely hate MetaTrader. OT browser-based trading platform has got charting tools, indicators, different timeframes and you can also choose the preferred bar types including Heiken Ashi bars. Pending orders and stop losses are available too. Simply love it!

I am new in this Olymp trade platform. I need some assistance please, anybody to share with me the trading strategy?

We would advice you to choose from the Regulated brokers https://55brokers.com/forex-broker-reviews/. Olymp Trade is NOT regulated, therefore, you might just never get your money back after investing with this broker.

Please, check available Forex seminars and webinars, where you will be able to learn more about trading. https://55brokers.com/forex-webinars/
https://55brokers.com/forex-seminars/

By the way it sounds and considering the long list of the brokers you’ve tried working with it occurs to me that the cause of the problem lies not in the field of one or another broker’s competence, but in the trading system you use. Well, most likely I would not be mistaken if I said there is NO trading system in your approach to digital options market. You can’t start making money with guessing where the price will go. It’s all about statistics. If market conditions are such, then with 65% probability the price will go up. Something like this. You don’t have to guess correctly 100% of the time. You don’t need to guess at all. You just need to exploit the statistical advantage.This is the only path to be successful on the financial market. If you don’t know how to build your first proper strategy, then try some of Olymp’s educational programs. They will teach you the basics and once you know your edge, you will transform one of the strategies to suit you best and bring you more money.

I am a risk taker olymp trade here i come whether you are a scammer or not…………zvimwe zviyedzwa lol.

If you try, you will realize that this is stupid slander. The company is very reliable and has a very responsive service. I had several problems with the company, but everything was resolved quickly and Olymp Trade proved to be the best. Of course, sometimes problems arise, but the main thing is that the company is working to resolve them. Many people faced with a problem do not try to solve it calmly, but begin to pack up and look for various slander about the company.

I have been practicing with the demo account and watching staff on YouTube to learn. I can say I am improving. I have given my self a Target to earn a month. If I can find a strategy..through practise that will maintain this amount for 3 months, then I will trade with the real account. Its better to try things out to know for sure.you can base money decisions on hearsay.

Convenient platform, excellent support that answers all my questions fast and in a professional manner. I like the variety of instruments that they’ve got. I wish all of these instruments had same payout rates, but oh well.. Money withdrawals are fast once you complete the verification process. Usually I get the money the same day I do the withdrawal request.

Yeah I want to know about the strategy. Thanks

Olymp trade is great some dumb fools don’t just get it have been trading for two years and I earn $800 everyday of my life I own my house, am a cars owner and am happy thanks to olymp trade

May I know which broken firm to invest into that is not a scam

Dear Manson,
You can check our list of the Regulated brokers https://55brokers.com/forex-broker-reviews/ and you will definitely find the one that fits you!

Hi mate, I’m trading with Olymp for more than 4 years, so may suggest it from my own experience. I’ll briefly describe you the main pros and cons. Pros include regulation by Finanaclial Comission (Finacom), if you will lose some money cause of brokers fault, this regulator will give you a compensation. Also, Olymp is fast in terms of making deposit and withdrawing money. Deposit usually takes around 1-2 min and withdrawings take around 24 hours. There is also good trading platform, I find it easy to learn it, it’s quite native. However, there are also cons, including comission fees for opening the deal. I understand that it’s pay for excellent service, but I think you should know it. Overall, my experience is only positive and during 4 years I never face any problems and made more than 35 withrawals.

I am not going to condemn about Olymp Trade because to be honest , I did gain some profit using this platform. This platform is not perfect but I think it has sufficient features that the traders especially the beginners need to start the trading.

However with the latest update that they just did, I really feel turned off because there are several features that are not functioning well.

I really hope that they will change it back to the previous version which is way better than this current one.

Pls Can u coach me on it so I can be successful like unpls

Dear Gideon,
Please, check available Forex seminars and webinars, where you will be able to learn more about trading. https://55brokers.com/forex-webinars/
https://55brokers.com/forex-seminars/

To tell u the truth , I spent a lot of time on youtube learning about other traders’ strategies. Some strategies work some don’t. That is why it is very important for us to choose a strategy that we feel comfortable in using. And then stick to it. Don’t change it too freequent.

Trading is an area where warranties are needed. When I chose a broker, I was looking for a company with a reliable reputation and membership in an internationally recognized regulator. Olymp Trade is a member of the regulator of the International Financial Commission (FinaCom). The regulator is very important if you trade in excess of $ 500, as it provides deposit insurance. I’ve never needed this, but the essence of insurance is precisely what would act in the future. Of course, you can choose an incomprehensible broker that exists for a couple of months and does not have registration in the regulator. But if you have any problems, then you will be left alone with them. Olymp Trade protects its customers, if you have a dispute with the company, you can always contact the arbiter and resolve it in the correct order. In order to better understand this, you need to know that if problems can arise, then due to technical failures or errors of company employees. And if this happens, you can always solve the problem with Olymp Trade or FinaCom without any problems.

Idiots, they are real scammers. May God punish you all. You will perish and die a terrible death insha Allah

Oh-ho-ho, have you got any proofs? Or you just plaming for nothing? I’m trading with Olymp and it’s reliable broker, that never delay withdrawals. Moreover, usually I withdraw money at least one time a month. And I wait around 18 hours each time. If you have proofs – you’re welcome to show it. However, if you just want to hate trader, don’t write anything. There is the only reason, that can explain your bahavior: you lost money gambling and now blame Olymp Trade

For me, trading is a hobby and I trade exclusively in a mobile application. Options trading on the Olymp Trade platform is also available through a mobile application that can be installed on any device. The application works with a single account in the company and has a convenient interface. Yes, the company had to cut some functions in order to achieve smoothness and speed, but at the same time the platform works very economically and does not discharge the device. If you don’t need all the indicators, then the Olymp Trade mobile application is very usable.

I am interested in olymptrade no matter what is said about the broker. I have done the demo trading for a long time and have read a lot of testimonies so I can’t go back.
But I can’t make a deposit b/c I don’t understand how to, since I have not done it before. I need help. Which method did you use. I need help please.

We would still advice you to choose from the Regulated brokers https://55brokers.com/forex-broker-reviews/. Olymp Trade is NOT regulated, therefore, you might just never get your money back after investing with this broker. That’s the difference between the demo account and the ususal one, since you do not trade your own money with the demo account.

Deposit methods vary from country to country with Olymp. If you press the deposit button in the menu sections of a trading platform, you will be automatically redirected to the page with all the payment methods listed there. Just choose the one you prefer and follow step by step instructions. It took me less than 5 minutes to deposit via credit card. The account balance showed up in a platform immediately and I could start trading right away.

Pls I have put my withdrawal request..and its been 5 days nw and I haven’t seen my $100

You can try contacting your personal manager regirding your withdrawal process. If there is no reply from the company managers, you can try reporting to your local authorities.

I’m interested to join the trade, what will I do

Just go to olymptrade.com and fill in the simple form. You don’t have to deposit any money yet. In fact i recommend that you spend at least 3 months in the free demo account. Sharpen your skills , understand the usage of indicators etc…

Learn about indicators first. You have to know at least 2-3 indicators. Be familiar with the usage. If you do not know any of these indicators, it is just as good as you are gambling. You will only tend to press the red or green buttons for trading. That’s a very wrong way to trade.

Olymp Trade Review 2020: Is It A Scam Or Legit?

  • Comprehensive Trading Education
  • Unique/Equipped Trading Platform
  • Risk-Free Trade incentives/Bonuses
  • Very low minimum deposit
  • Great customer support
  • Help & Guidance
  • 100% free trial
  • Not Available In USA
  • Difficult to understand in some places

Is Olymp Trade reliable? It should be noted that the platform also offers customers a free $ 10,000 virtual price demo that will be delivered to the customer once the account is created. So you will check full detail about how you earn more than read Olymp Trade review in the below section.

Olymp Trade Review

Olymp Trade is a universal online trading platform where you can trade currency pairs, commodities, stock indices, companies’ shares, and cryptocurrencies.

At the very beginning, the company focused on customers from CIS countries. Since then, the company’s user base has significantly expanded.

Now, the platform is actively used by traders from Southeast Asia (Indonesia, Malaysia, Vietnam, Thailand), Latin America (Argentina, Brazil), India, Pakistan, and Arab countries.

olymp trade review – Excellent trading platform

The company has repeatedly won various awards for the high level of quality of service since 2020 when it was founded.

  • “The fastest-growing broker” ShowFx World 2020
  • “The best broker” KROUFR Awards
  • “The best platform for trading” Le Fonti 2020
  • “The best financial broker” CPA Life Awards 2020
  • “The best broker” Forex Expo 2020
  • “Innovative broker” IAFT Awards 2020
  • “The best trading platform” Le Fonti 2020

Special Features of Olymp Trade

There are several major benefits that make the Olymp Trade platform so popular.

Safety And Reliability

Olymp Trade is a category A member of the Financial Commission (FinaCom). FinaCom is an independent international organization that provides and guarantees the protection of traders’ rights.

In case there is an unfair practice by Olymp Trade, the Commission protects the trader by its Compensation Fund for up to €20,000 per case.

The quality of trade execution on the Olymp Trade platform is certified by an independent system Verify My Trade.

An audit of 5,000 customers’ trades found that 64% of the trades had been made at the best prices. It should be noted that the official report of Olymp Trade recorded the fact that no trades were rated as “acceptable” and “below average.”

An independent study of Verify My Trade shows the quality of the execution a broker is providing. This helps traders economize on fees, as well as improve their final trading results.

Olymp Trade is a vivid example of the company’s fulfillment of obligations to customers.

Democratic financial conditions

  • The minimum deposit to start trading is only $ 10 / € 10 / $ 350 / $ 20R$.
  • The minimum order size for any asset is $ 1 / € 1 / 30₽ / 2R$.
  • The minimum withdrawal amount is $ 10 / € 10 / $ 350 / $ 20R

At the same time, Olymp Trade does not charge extra fees for transferring funds to the client.

Training Account

After registration, each user can start trading on a demo account with a balance of 10,000 demo units. This simulator precisely simulates trade execution and helps the client prepare for trading with real money.

If the account balance is less than 5000 units, it can be restored to the initial 10 thousand an unlimited number of times.

Learning for free

The team of professionals has been creating comprehensible and interesting learning content for 4 years.

Almost every day Olymp Trade analysts hold theoretical and practical webinars on how trading strategies and methods of technical and fundamental analysis work.

Olymp Trade Review: Reliable Broker or Scam?

The list of advantages is not exhaustive, so we offer you a detailed description of the functionality of the trading platform.

Platform Versions

Olymp Trade is a product created by a team of experienced developers who are constantly improving the platform. Any interface and service decisions are based on the financial analysts’ recommendations and user preferences.

Now, the trading platform is presented in three versions:

  1. A browser one, without the need to download additional software: https://olymptrade.com
  2. A desktop application for Windows and macOS, which is completely identical to the browser version, but has some additional features: https://olymptrade.com/download
  3. Mobile applications for Android and iOS devices:

The Olymp Trade platform is fully localized to the following languages: Russian, English, Thai, Indonesian, Portuguese, Spanish, Turkish, Vietnamese, Chinese, Arabic, Hindi, and Malay.

The versatility of the platform is based on the possibility of using various chart settings and well-known systems of analysis as well as editing the list of assets.

A trading assistant is a unique feature of Olymp Trade. This is a special real-time chatbot that explains how different tools work.

User Functions

Two-color schemes are available: a light one and a black one

Several types of charts : a line chart, a bar chart, Japanese candlesticks, heikin-ashi.

Indicators for technical analysis: SMA, EMA, WMA, Parabolic SAR, MACD, RSI, Stochastic, DeMarker, Bulls Power, Bears Power, Williams %R, Bollinger Bands, Ichimoku Cloud, Sentiment, Alligator, Aroon, Zig Zag, CCI, Momentum, Rate Of Change, Gator, Awesome Oscillator, Detrended Price Oscillator, Average Directional Index

Graphic analysis tools: a trend line, a horizontal line, Fibonacci retracements, Fibonacci fan.

When choosing an indicator, a user can quickly become learn the principles of its work by clicking the “Assistant” button. After that, he will see a special pop-up window with the training material and the examples. Check more in the Olymp trade review.

Chart timeframe: A trader can choose the timeframe he needs manually from the following options: 15 seconds, 1 minute, 5 minutes, 10 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day, 7 days, a month.

For a line chart, the timeframe may range from 1 minute to 4 months.

The list of assets: There are special buttons above the chart to choose the asset you need fast.

Assets can be selected one by one, or a trader can choose the whole sector. This way, cryptocurrency enthusiasts can mark the entire block of digital assets and work with them only.

In total, the platform gives traders access to:

  • 36 currency pairs, including both major and cross pairs.
  • 10 cryptocurrencies against USD. They are the most popular and dynamic assets by the daily trading volume from the TOP-20 list.
  • 2 cryptocurrency pairs. This kind of asset shows the ratio of two digital coins’ value.
  • 6 commodities. The global economy depends on the value of these financial instruments.
  • 10 stock indices. The indices indicate the financial market’s condition, as they show the weighted average value of a certain number of the companies’ shares.
  • 13 shares of the largest companies worldwide, including the securities of such famous companies as Apple, Tesla, Facebook, etc.
Currency pairs Stock indices Commodities Shares Cryptocurrencies
EUR/USD

USD/TRY

EUR/JPY

EUR/NZD

FTSE 100

Hang Seng Index

EURO STOXX 50

Gold

Natural Gas

BMW

Coca-Cola

Ethereum

Each kind of asset has its own trading characteristics and advantages. For example, understanding of political processes goes well with trading currency pairs. Understanding the companies’ financial reports as well as the interest in their work will help trade securities.

Other important Olymp Trade Benefits

Trade orders:

To make a trade, a trader can use trade orders. This service is an analog of pending order in the forex.

The user selects the type of order “at the strike price” or “at the fixed time” and selects the necessary conditions. The trade will open automatically if the preconditions specified by the trader are met.

When the price limit order is placed, the trade opens only when the chart reaches the specified price if other conditions are also met (the yield on the asset, the availability of the required amount on the trading account).

When the time limit order is placed, the trade opens at the selected time if other conditions are also met (the yield on the asset, the availability of the required amount on the trading account).

best trading olymp trade – trade opening at a specified price

VIP status:

A trader can get a VIP status when he deposits a lump sum of $ 2000 / € 2000 / ₽100000 / R$ 5000 or more into his trading account.

A VIP status gives a trader the following privileges:

  1. An increased return on the assets: the return is 10% higher than that of standard traders.
  2. An increased maximum trade amount: $ 5000 / € 5000 / ₽4000000 / 35000R$.
  3. A personal VIP consultant who provides support to the trader and teaches him online trading strategies.
  4. VIP traders join the “Boost your trading volume” program, which allows them to receive risk-free trades monthly for the high trading volume.
  5. Teaching secret trading strategies.
  6. The opportunity to participate in private theoretical and practical webinars.
  7. Daily market reviews.

A standard account and a VIP account compared

Setting VIP Standard
Maximum yield 92% 82%
Minimum trade amount $1/€1/30₽/2R$ $1/€1/30₽/2R$
Minimum deposit $10/€10/350₽/20R$ $10/€10/350₽/20R$
Maximum trade amount $5000/€5000/₽400000/35000R$ $2000/€2000/₽150000/20000R$
Maximum total amount of open positions on different assets ₽4000000/$50000$/€50 000/ R$200000 ₽1500000/$20000/€20 000/ R$50000
The maximum total amount of open positions on the same asset ₽750000/$10000$/€10 000/ R$35000 ₽1500000/$20000/€20 000/ R$50000
Maximum withdrawal time period 1 working day up to 5 working days
Withdrawal fee no fee is charged no fee is charged
Personal training +
+
Daily analytics +
Risk-free trades for trading volume +

Deposit and withdrawal of funds:

The main banking methods of depositing and withdrawing funds are Visa and Mastercard. To deposit funds, a bank card must have your details and permission to pay for purchases on the Internet.

Electronic payment systems are the most popular methods of carrying out financial transactions on Olymp Trade. Users can use ePayments, Qiwi, Yandex. Money, WebMoney, Neteller, Skrill, Fasapay, Bitcoin.

Customer Support:

Olymp Trade technical support team works 24/7, so you can get help from the experts at any time:

Hotline numbers:

+357 (2) 5030996 – Nicosia, Cyprus
+234 (1) 2279021 – Lagos, Nigeria
+66 (2) 026-03-56 – Bangkok, Thailand
+27 (21) 1003880 – Cape Town, South Africa

Online support chat

Conclusion: Olymp Trade Review: Is It Legit?

More than 20 million users from around the world have chosen the Olymp Trade platform. They receive the best support, comfortable and transparent financial conditions, a user-friendly interface and all the necessary market analysis tools.

The platform reliability is time-tested and confirmed by the international regulator. Olymp Trade is your stable partner in the world of trading!

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