Olymp Trade has become a big name in online trading. It started in 2014 and is based in Saint Vincent and the Grenadines. This broker offers many trading options like forex, stocks, and cryptocurrencies.
It’s easy to use and you only need $10 to start. This makes it great for both new and experienced traders.
Olymp Trade is known for being safe and easy to use. It’s regulated by the International Financial Commission (IFC/FinaCom). You can use it on your computer or phone, making it easy to trade anywhere.
Key Takeaways
- Olymp Trade is a regulated online trading platform offering a diverse range of assets for traders.
- The broker is headquartered in Saint Vincent and the Grenadines and is regulated by the International Financial Commission (IFC/FinaCom).
- Olymp Trade features a user-friendly interface, accessible minimum deposits, and a range of trading tools and features.
- The platform is available on both desktop and mobile devices, providing traders with flexibility and convenience.
- Olymp Trade has a commitment to compliance, security, and user-friendliness, positioning it as a reliable choice for traders.
Company Overview
Olymp Trade is a top financial trading platform started in 2014. It’s based in Saint Vincent and the Grenadines. The company has grown a lot, now with over 88 million trading accounts.
Olymp Trade is regulated by the International Financial Commission (IFC/FinaCom). This gives clients a high level of oversight and transparency.
Olymp Trade Company Details
The Olymp Trade platform offers many trading instruments. These include forex, stocks, commodities, indices, and cryptocurrencies. The company focuses on innovation and user experience.
It has developed a proprietary trading platform. This platform is available on both desktop and mobile devices.
| Statistic | Value |
|---|---|
| Established | 2014 |
| Trading Instruments Offered | Over 80 |
| Regulation | International Financial Commission (FinaCom) since 2016 |
| Average Monthly Payout | $13.7 million |
| Active Daily Users | Over 25,000 |
| Average Monthly Trades | 35.4 million |
| Average Monthly Trading Volume | $179.2 million |
| Minimum Deposit | $10 |
| Countries of Operation | Over 130 |
| Broker Registration | A-class with FinaCom |
| Compensation Fund Coverage | Up to €20,000 |
| Inactivity Fee | $10 per month after 180 days |
Olymp Trade has won many awards. These include Best Financial Broker at the CPA Life Awards 2017. It also won Best Trading Platform at Le Fonti 2016 and Best Broker at the KROUFR Awards 2016.
The company’s commitment to innovation and excellence is well-known. This has made it a trusted and reliable financial trading platform.
“Olymp Trade has consistently demonstrated its dedication to providing a seamless and reliable trading experience for its clients. The platform’s robust features, diverse product offerings, and regulatory oversight make it a standout choice in the industry.”
Olymp Trade Platform Overview
Olymp Trade is a well-known online broker. It offers two main trading platforms: a web terminal and a mobile app. Both are designed to make trading easy and fun for all traders, whether they’re new or experienced.
Olymp Trade’s Web Terminal
The Olymp Trade web terminal is easy to use and packed with features. It lets traders access many trading tools and indicators. The layout is simple, making it easy to find what you need and trade quickly.
Traders can trade on a variety of assets, including currencies, stocks, commodities, indices, and cryptocurrencies. They can choose from short durations, starting at just 5 seconds.
Olymp Trade Mobile App
The Olymp Trade mobile app is perfect for traders who are always on the move. It’s responsive and user-friendly, allowing traders to check their accounts, place trades, and manage their portfolios from their phones. The app works just like the web platform, making it easy to switch between the two.
Both the Olymp Trade web terminal and mobile app aim to provide a full trading experience. They focus on accessibility, functionality, and user-friendliness. Traders get to enjoy competitive spreads, fast execution, and advanced charting tools. This helps them make better trading decisions and possibly earn more.
“Olymp Trade has been a game-changer for me. The platform’s intuitive design and powerful trading tools have allowed me to take my trading to the next level. The mobile app has been particularly useful, enabling me to stay connected and make informed decisions on the go.”
– Rajesh Budha, Olymp Trade Trader
Trading Instruments and Markets
Olymp Trade is a top online trading platform. It offers a wide variety of trading instruments and tradable assets for its global users. Traders can explore many markets, such as Forex, stocks, commodities, indices, and cryptocurrencies.
The platform has over 35 currency pairs, from major ones like EUR/USD to exotic ones. It also has about 100 stocks, including big names and new market leaders. For those interested in commodities, there are 4 precious metals and 2 energy commodities.
| Asset Class | Instruments Offered |
|---|---|
| Forex | 35+ currency pairs |
| Stocks | Approximately 100 stocks |
| Commodities | 4 precious metals, 2 energy commodities |
| Indices | 10 major global indices |
| Cryptocurrencies | 12 cryptocurrency pairs |
Traders can easily use the Olymp Trade platform, whether on the web or mobile app. They have access to different chart types and technical analysis tools. This helps them make smart trading choices. With its easy-to-use interface and wide range of trading instruments and markets, Olymp Trade helps traders find new investment chances and reach their financial goals.
“Olymp Trade’s extensive range of tradable assets and user-friendly platform make it an attractive choice for both novice and experienced traders seeking to diversify their portfolios.”
Olymp Trade review: Trading Platforms
The Olymp Trade experience centers around its trading platforms. These include the olymptrade web terminal and the olymptrade mobile app. They are made to be easy to use, no matter the device or platform.
Proprietary Web Terminal and Mobile App
The olymptrade web terminal is a powerful tool for traders. It has many trading tools and indicators. Its clean design makes it easy to use, with access to real-time market data and precise trade execution.
It supports a wide range of trading instruments. These include currencies, stocks, commodities, indices, and cryptocurrencies. This variety helps traders diversify their portfolios.
The olymptrade mobile app offers a similar experience for those on the move. It’s designed to be easy to use, allowing traders to manage their accounts and execute trades from their smartphones or tablets. The app’s design ensures a smooth experience across devices.
| Feature | Olymp Trade Web Terminal | Olymp Trade Mobile App |
|---|---|---|
| Trading Instruments | Currencies, Stocks, Commodities, Indices, Cryptocurrencies | Currencies, Stocks, Commodities, Indices, Cryptocurrencies |
| Minimum Trade Size | $1 | $1 |
| Trade Durations | As low as 5 seconds | As low as 5 seconds |
| Profitability | Up to 93% | Up to 93% |
| Demo Account | Available for practice | Available for practice |
| Trading Advice | Personal advice from experts | Personal advice from experts |
Both the olymptrade mobile app and the olymptrade web terminal offer a seamless trading experience. They empower traders to make informed decisions and potentially increase their profits.
User Experience and Usability
The olymptrade trading experience is easy to use, welcoming traders of all levels. The platform’s layout is clean and simple. It offers customization options and various tools to fit different trading styles. This makes it easy for traders to focus on their strategies.
Olymp Trade has been around since 2014. It lets traders choose assets with returns over 70%. There are three account types: Demo, Standard, and VIP. The Demo Account starts with $10,000 for practice, while the Standard Account requires just $10. The VIP Account offers higher returns and personal support.
Traders like using cryptocurrency for deposits and withdrawals on the olymptrade user experience. Olymp Trade also provides educational materials like videos and articles. These help traders improve their skills. The platform has stop-loss features to manage risk, ensuring a safe trading environment.
| Feature | Olymp Trade |
|---|---|
| Minimum Deposit | $10 |
| Demo Account | $10,000 |
| Regulatory Bodies | VFSC |
| Mobile App Ratings | 4 star |
| Cryptocurrency Offerings | Handful of leading cryptos |
The olymptrade user experience is known for its simplicity and low deposits. It also offers educational resources and 24/7 support. However, it’s not available in all countries, and there are issues with withdrawals and account verification.
Regulation and Licensing
The safety and security of your trading are key. Olymp Trade shows it cares by getting licenses from top regulatory bodies.
Olymp Trade is watched over by the International Financial Commission (IFC/FinaCom). This group helps keep trading fair and safe. It’s not as famous as some others, but it’s still important for Olymp Trade.
International Financial Commission (IFC/FinaCom)
The IFC/FinaCom is a well-respected regulator for Olymp Trade. It works to protect traders, make sure trading is fair, and keep the market stable. By getting a license from the IFC/FinaCom, Olymp Trade shows it follows strict rules, giving its clients more security.
Olymp Trade also has licenses from the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA) in South Africa. These licenses make Olymp Trade even more trustworthy and show it meets top industry standards.
Olymp Trade’s licenses and regulation show it’s serious about being open, safe, and caring for its clients. As a trader, knowing this can give you confidence to use Olymp Trade. You can feel sure your money and personal info are protected by trusted authorities.
Bonuses and Promotions
At Olymp Trade, traders can enjoy a variety of olymptrade bonuses and olymptrade promotions. These are designed to make trading more exciting. The broker offers a welcome bonus and a referral bonus to attract and reward traders.
The olymptrade welcome bonus gives new traders a boost to their first deposit. The olymptrade referral bonus encourages traders to share Olymp Trade with others. This helps build a strong trading community.
Olymp Trade also has olymptrade promotions like seasonal campaigns and contests. These offer traders a chance to earn extra bonuses and prizes. They can help traders improve their strategies and increase profits.
Traders should read the terms and conditions of these bonuses and promotions carefully. It’s important to understand the requirements and any limits. This ensures traders can meet withdrawal conditions comfortably.
The olymptrade bonuses and olymptrade promotions on Olymp Trade can be very helpful. They can open up new opportunities for traders. By using these incentives, traders can make the most of their trading experience with Olymp Trade.
Customer Support and Responsiveness
The olymptrade customer support and olymptrade responsiveness are top-notch. They offer live chat, email, and phone for traders to get help. The team is ready to assist 24/7 in many languages, serving Olymp Trade’s global users.
User feedback on olymptrade customer service is mixed. While 48% of users gave 5-star ratings, 18% were unhappy with the service. They mentioned slow responses, especially with deposits and withdrawals.
| User Ratings | Percentage |
|---|---|
| 5-star | 48% |
| 4-star | 29% |
| 3-star | 4% |
| 2-star | |
| 1-star | 18% |
Olymp Trade is overseen by the International Financial Commission (IFC). But, the IFC is not as well-known as the UK’s FCA or the US’s SEC. This might make some users feel like they’re not getting the help they need.
To better serve its customers, Olymp Trade could work on its FAQ section. Adding more self-help resources could help answer common questions. Also, making the deposit and withdrawal process faster could address some users’ concerns.
Deposit and Withdrawal Process
At OlympTrade, traders enjoy easy deposit and withdrawal options. You can use credit/debit cards, e-wallets like Skrill and Neteller, bank transfers, and cryptocurrencies. The olymptrade minimum deposit is just $10, welcoming both new and seasoned traders.
Withdrawals are quick and easy. Olymptrade withdrawal times are usually 24 to 48 hours. But, the broker might need up to 5 business days in some cases. With 24/7 customer support, traders can quickly solve any withdrawal issues.
| Payment Method | Deposit | Withdrawal |
|---|---|---|
| Credit/Debit Cards | Supported | Supported |
| E-wallets (Skrill, Neteller, PerfectMoney) | Supported | Supported |
| Bank Transfers | Supported | Supported |
| Cryptocurrencies | Supported | Supported |
Olymptrade payment methods can change based on where you are and your account type. Expert traders might get their money faster. Also, you might need to verify your identity and use the same payment method for deposits and withdrawals.
The olymptrade deposit and withdrawal process is simple and easy to use. OlympTrade aims to make trading smooth for everyone.
Educational Resources and Tools
At OlympTrade, traders get a lot of help to learn and get better at trading. The platform’s blog is full of articles, tutorials, and market analyses. This helps users understand the financial markets better and improve their trading skills.
New traders can try out the demo account without losing real money. It’s a great way for beginners to get used to the platform and try different trading methods without risk.
Olymp Trade also has many technical analysis tools and indicators for traders. These tools include customizable charts and advanced indicators. They help users analyze market trends and find good trading opportunities.
| Metric | Rating |
|---|---|
| User Friendliness | 4.5/5 |
| No. of Assets and Expiry time | 4.2/5 |
| Commissions, Support, and Effective Return | 4/5 |
| Deposit, Payment, and Bonus | 4.2/5 |
| Website Extra’s | 3.8/5 |
Olymp Trade offers a wide range of olymptrade education, olymptrade trading resources, olymptrade learning tools, and olymptrade trading strategies. This helps traders improve their skills, make smart choices, and reach their financial goals.
Pros and Cons of Using Olymp Trade
Olymp Trade is a top online trading platform that attracts traders from all over. It’s known for its easy-to-use interfaces, wide range of assets, and low deposit needs. This makes it a favorite among traders. But, there are also some downsides to consider before you start.
OlympTrade Advantages
- The platform is easy to navigate, with both a web terminal and a mobile app. This makes trading smooth.
- It offers a variety of assets like forex, stocks, and cryptocurrencies. This gives traders many options.
- The minimum deposit is just $10. This makes it easy for new traders to start.
- Customer support is available 24/7. They help quickly with any problems.
- There’s a demo account for beginners. It lets them practice without risking money.
OlympTrade Disadvantages
Despite its benefits, Olymp Trade also has some drawbacks:
- Its regulation by the International Financial Commission (IFC/FinaCom) might not be as well-known as others.
- Some users have found customer support slow. This can be a problem when you need help fast.
- There have been issues with withdrawing money earned from bonuses. This can be frustrating.
- The spreads on the platform can affect profit, especially for short-term traders.
Olymp Trade offers both good and bad points for traders. Its ease of use and variety of assets are big pluses. But, the regulatory and support issues need careful thought before trading.
“Olymp Trade has been a game-changer for me, allowing me to explore the world of online trading with a user-friendly platform and a wide range of assets to choose from. However, I have encountered a few hiccups with customer support and withdrawal processing that are worth considering.”
| Olymp Trade Pros | Olymp Trade Cons |
|---|---|
| Intuitive trading platforms | Regulatory concerns |
| Diverse asset selection | Slow customer support response |
| Low minimum deposit | Withdrawal issues with bonuses |
| Demo account for practice |
Comparison with Other Brokers
Olymp Trade stands out when compared to other online trading platforms like Quotex. It has unique features that make it different from others.
Olymp Trade is known for its wide reach, operating in over 130 countries and supporting 13 languages. This global presence helps it serve a wide range of clients. Quotex, on the other hand, focuses more on a specific area.
| Feature | Olymp Trade | Quotex |
|---|---|---|
| Regulated | Yes, licensed by the International Financial Commission (IFC) | Yes, licensed by the Vanuatu Financial Services Commission (VFSC) |
| Minimum Deposit | $10 | $10 |
| Trading Instruments | Binary Option, Forex, Stocks, Commodities, Crypto | Binary Option, Stocks, Crypto |
| Payouts | Up to 93% | Up to 95% |
Both Olymp Trade and Quotex offer similar trading instruments, such as Binary Options, stocks, commodities, and cryptocurrencies. However, Olymp Trade offers Forex trading and a wider selection of currency pairs, which allows traders to spread out their investments.
Both platforms are licensed and regulated, ensuring a safe trading environment. Olymp Trade is licensed by the International Financial Commission (IFC), while Quotex is regulated by the Vanuatu Financial Services Commission (VFSC).
In conclusion, both Olymp Trade and Quotex are great options for online traders. The choice depends on the trader’s preferences, risk level, and what they want to achieve in trading.
Conclusion
OlympTrade is a real and trustworthy online trading site that started in 2014. It is monitored by the International Financial Commission (IFC/FinaCom), which means clients have a safe and clean place to trade.
The site is easy to use, with lots of things to trade like forex, stocks, and even cryptocurrencies. You can start with just $10. Plus, there’s help available 24/7.
There’s also a free demo account to try out. And, Olymp Trade says you can win up to 100% of your trades. This makes trading fun and rewarding.
In summary, our olymptrade review conclusion is that Olymp Trade is a legitimate and reliable trading platform. It’s great for all kinds of traders. With its good deals and clear rules, it’s a good choice for those new to online trading.
FAQ
What is Olymp Trade? ▼
Olymp Trade is an online trading platform and broker. It has been around since 2014. It’s based in Saint Vincent and the Grenadines and is regulated by the International Financial Commission (IFC/FinaCom).
What trading instruments does Olymp Trade offer? ▼
Olymp Trade lets you trade in many assets. These include forex, stocks, commodities, indices, and cryptocurrencies.
What are the main trading platforms offered by Olymp Trade? ▼
Olymp Trade has two main platforms. There’s a web-based terminal and a mobile app. Both are easy to use and come with many trading tools and indicators.
How is Olymp Trade regulated? ▼
Olymp Trade is overseen by the International Financial Commission (IFC/FinaCom). This adds a layer of oversight and transparency for its clients.
What bonuses and promotions does Olymp Trade offer? ▼
Olymp Trade has many bonuses and promotions. These include a welcome bonus, referral bonuses, and seasonal promotions to attract and keep traders.
What is the customer support like for Olymp Trade? ▼
Olymp Trade offers support through live chat, email, and phone. But, some users have found the response times to be slow.
What are the deposit and withdrawal options for Olymp Trade? ▼
Olymp Trade has many ways to deposit and withdraw funds. You can use credit/debit cards, e-wallets, bank transfers, and cryptocurrencies. The minimum deposit & withdrawal is just $10.
What educational resources and trading tools does Olymp Trade provide? ▼
Olymp Trade offers lots of educational resources and tools. These include a blog, tutorials, market analysis, and a demo account for beginners.
