Olymp Trade
Disclaimer:The information provided on this site should not be distributed or used by any individual in any country or jurisdiction where such distribution would violate local laws or regulations.
Pros and Cons
- Low minimum deposit
- Wide range of payment methods
- Easy-to-use platform
- Offers demo accounts
- 24/7 customer support
- Limited regulatory oversight
- No MT4/MT5 support
- Inactivity fee applies
- No Islamic account
- Limited asset range compared to other brokers
Introduction
Olymp Trade is a well-established online trading platform that has earned a strong reputation for its user-friendly interface and diverse trading options.
Founded in 2014, the platform aims to provide users with a reliable, efficient, and profitable trading experience.
This in-depth review will explore various of its aspects, including its features, trading modes, trader experience, customer support, and more.
Whether you are new to trading or a seasoned investor, this review will help you understand what Olymp Trade offers.
Open a free accountCompany Background
Olymp Trade has been a key player in the trading community since its establishment in 2014, with its headquarters in Kingstown, St. Vincent and the Grenadines.
The platform is regulated by the Vanuatu Financial Services Commission (VFSC), ensuring a degree of oversight and security.
Over the years, the company has expanded its services to over 130 countries, supporting customers globally.
Key Features
The company offers numerous features designed to enhance the trading experience for its users.
Some standout features include:
- Low Minimum Deposit: Start trading with just $10.
- Demo Account: Free demo account with $10,000 in virtual funds.
- Variety of Trading Modes: Options include Forex, Fixed Time Trades, and Stocks.
- Comprehensive Educational Resources: Video lessons, trading tips, and market news.
- Multi-Platform Access: Available on web, desktop, and mobile applications.
- 24/7 Customer Support: Support available in multiple languages around the clock.
Trading Instruments and Markets
Olymp Trade provides a diverse array of trading instruments across different markets, ensuring that there is something for every type of investor.
Below is a detailed look at the primary trading options available on the platform.
Forex
Forex trading is a core offering, ideal for those who enjoy analyzing market trends and making data-driven decisions.
- Currency Pairs: Major, minor, and exotic pairs.
- Leverage: Up to 1:500.
- Spreads: Very low, starting from 0.9 pips on popular pairs like EUR/USD.
Stocks
It also allows trading stocks from major global companies, making it an excellent option for those looking to invest in blue-chip stocks and diversify their portfolios.
- Assets: Shares from major companies.
- Trading Hours: Aligns with stock exchange hours.
- Spreads: Competitive and low spreads.
Fixed Time Trades
Fixed Time Trades (FTT) are designed for simplicity and ease of use, making them one of the most straightforward trading modes available.
- Assets: Forex, stocks, indices, commodities, cryptocurrencies.
- Timeframes: From 1 minute to several hours.
- Profitability: Up to 92% on successful trades.
Trading Platforms
OlympTrade offers a versatile and accessible trading platform available on various devices, ensuring that people can trade whenever and wherever they choose.
Below are the different platforms provided:
Web Platform
The web-based platform is designed for ease of use and does not require any downloads.
It includes all the essential tools and features needed for effective trading.
Desktop Platform
For those who prefer a more robust trading experience, it offers a desktop platform compatible with both Windows and macOS.
This platform includes enhanced features and functionalities tailored for serious investors.
Mobile App
The mobile app is available for both Android and iOS devices, making it convenient for people to manage their accounts and execute trades on-the-go.
The app has a high rating of 4.2 and over 44 million downloads, reflecting its popularity and reliability.
|
Platform |
Features |
Availability |
|
Web |
No downloads, essential trading tools |
Accessible via any modern browser |
|
Desktop |
Enhanced features, robust experience |
Windows (32-bit and 64-bit), macOS |
|
Mobile |
Convenient, on-the-go trading |
Android (Google Play, Galaxy Store, Xiaomi, Huawei), iOS |
Account Types
Olymp Trade offers multiple account types to cater to the diverse needs and experience levels of its users.
Below is a detailed look at the account types available and a comparative table to help you pick the best one for your needs.
Demo Account
The demo account is an excellent starting point for beginners.
It provides $10,000 in virtual funds, allowing anybody to practice trading without any financial risk.
This account is particularly useful for those who want to get a feel for the platform before committing real money.
Features:
- Virtual funds: $10,000
- Access to all trading tools and instruments
- Unlimited use
Standard Account
The standard account is designed for regular investors who are ready to trade with real money.
It requires a minimum deposit of just $10 and allows for trades as small as $1.
Features:
- Minimum Deposit: $10
- Minimum Trade: $1
- Access to all trading instruments
- Regular withdrawals
- Spreads: From 0.9 pips
VIP Account
The VIP account is tailored for high-volume users who can benefit from additional perks and enhanced profitability.
It requires a minimum deposit of $2,000 and provides several exclusive benefits.
Features:
- Minimum Deposit: $2,000
- Personal account manager
- Increased profitability
- Priority withdrawals
- Exclusive strategies and signals
|
Account Type |
Minimum Deposit |
Minimum Trade |
Virtual Funds |
Personal Manager |
Increased Profitability |
Priority Withdrawals |
Exclusive Strategies |
|
Demo |
$0 |
N/A |
$10,000 |
No |
No |
No |
No |
|
Standard |
$10 |
$1 |
N/A |
No |
No |
No |
No |
|
VIP |
$2,000 |
$1 |
N/A |
Yes |
Yes |
Yes |
Yes |
Educational Resources
This broker is committed to educating its clients, offering a wealth of resources designed to help improve trading skills and knowledge.
Below is a breakdown of the educational resources available.
Official Blog
Their blog is an invaluable resource, offering a wide range of information tailored for both beginners and experienced investors.
The blog includes:
- Educational Articles: Covering various trading strategies, market analysis, and more.
- Video Lessons: Step-by-step guides on different trading topics.
- Market News: Updates on the latest market developments and trends.
Webinars
Regular webinars hosted by experienced traders provide an interactive learning experience.
These webinars cover a range of topics, from basic trading principles to advanced strategies, ensuring there is something for everyone.
Trading Academy
The Trading Academy offers structured courses designed to help users at all levels.
The courses are categorized into beginner, intermediate, and advanced levels, making it easy for people to find the right material for their needs.
Customer Support
Customer attention is a critical aspect of any trading platform, and this broker excels in this area by providing excellent support to ensure a seamless experience.
The support team is available 24/7 and can be reached through multiple channels.
Support Channels
- Email: support@olymptrade.com
- Phone: +44 20 3318 7173
- Live Chat: Available on the website and mobile app
Payment Methods
Olymp Trade supports more than 10 payment methods to facilitate convenient deposits and withdrawals.
|
Payment Method |
Options Available |
|
Credit/Debit Card |
Visa, MasterCard |
|
E-Wallets |
Neteller, Skrill |
|
Cryptocurrencies |
Bitcoin |
|
Bank Transfer |
Available for certain regions |
Fees and Commissions
Transparency in fees and commissions is crucial for any trading platform.
OlympTrade maintains a transparent fee structure, as detailed below:
|
Fee Type |
Cost |
|
Deposit Fee |
None |
|
Withdrawal Fee |
None |
|
Inactivity Fee |
$10 per month after 180 days of inactivity |
|
Spreads |
Very low, starting from 0.9 pips on EUR/USD |
Security and Regulation
Security is a top priority, and the platform employs advanced security measures to protect data and funds.
- Regulation: Regulated by the VFSC (Vanuatu Financial Services Commission)
- SSL Encryption: Utilized to protect user data
- Two-Factor Authentication (2FA): Available for enhanced account security
User Experience
Olymp Trade is designed with the trader in mind, and its interface is intuitive, making it easy to navigate and find the tools required for effective trading.
Platform Design
- User-Friendly Interface: The layout is simple and clean, ensuring users can easily find what they require.
- Customization: Traders can customize their workspace with preferred tools and indicators.
- Charting Tools: Advanced charting tools are available for technical analysis.
Mobile App Experience
- Performance: The app is fast and responsive, ensuring a smooth trading experience.
- Features: All the features of the web platform are available on the mobile app.
- Notifications: Real-time push notifications for market events help users stay informed.
Community and Social Trading
Olymp Trade fosters a sense of community among its investors by offering several social trading features.
These features allow users to interact and share strategies.
- Traders Community: Customers can join discussions and share insights with fellow investors.
- Social Media: Olymp Trade maintains an active presence on Facebook, Instagram, Twitter, and more.
- Copy Trading: Users can follow and copy trades from successful investors, allowing beginners to learn from experienced traders.
Bonuses and Promotions
The broker offers various bonuses and promotions to keep people engaged and motivated.
Welcome Bonus
New users can receive a welcome bonus on their first deposit.
The bonus amount varies based on the deposit size, providing an added incentive for new customers to start trading.
Trading Contests
The company regularly hosts trading contests with attractive prizes.
These contests are a great way for anybody to test their skills and compete with others in the community.
Trading Modes and Strategies
OlympTrade offers different trading modes to suit various trading styles and strategies.
Here is a detailed look at the primary trading modes available on the platform.
Forex Trading
Forex trading is ideal for those who enjoy analyzing market trends and making informed decisions.
The platform offers a wide range of currency pairs, including major, minor, and exotic pairs, allowing for diverse trading opportunities.
- Leverage: Up to 1:500
- Spreads: Starting from 0.9 pips
- Trading Tools: Advanced charting tools and indicators for technical analysis
Fixed Time Trades (FTT)
FTT is one of the simplest forms of trading available.
Users can predict the price movement of an asset over a specific period and potentially earn high returns.
- Assets: Forex, stocks, indices, commodities, cryptocurrencies
- Timeframes: From 1 minute to several hours
- Profitability: Up to 92% on successful trades
- Risk Management: Tools to manage risk, such as stop loss and take profit levels
Stock Trading
This broker allows anybody to trade stocks from major global companies.
This mode is suitable for those looking to invest in blue-chip stocks and diversify their portfolios.
- Assets: Shares from major companies across various industries
- Trading Hours: Aligns with the hours of the respective stock exchanges
- Spreads: Competitive and low spreads
Advanced Trading Tools and Features
Olymp Trade provides a range of advanced trading tools and features designed to enhance the trading experience and help investors make informed decisions.
Charting Tools
Advanced charting tools are available, allowing traders to conduct detailed technical analysis.
These tools include various types of charts (line, bar, candlestick), technical indicators, and drawing tools.
Economic Calendar
The economic calendar is an essential tool for fundamental analysis.
It provides information on upcoming economic events and announcements that could impact the markets, helping users plan their trades accordingly.
Trading Signals
Olymp Trade offers trading signals to help customers identify potential trading opportunities.
These signals are based on market analysis and can be used to make informed trading decisions.
User Experience and Interface
OlympTrade is designed with the user in mind.
The platform’s interface is intuitive, making it easy to navigate and find the tools needed for effective trading.
Platform Design
- User-Friendly Interface: The layout is simple and clean, ensuring users can easily find what they want.
- Customization: Users can customize their workspace with preferred tools and indicators.
- Charting Tools: Advanced charting tools are available for technical analysis.
Mobile App Experience
- Performance: The app is fast and responsive, ensuring a smooth trading experience.
- Features: All the features of the web platform are available on the mobile app.
- Notifications: Real-time push notifications for market events help investors stay informed.
Community and Social Trading
The company fosters a sense of community by offering several social trading features.
These features allow users to interact and share strategies.
- Traders Community: Users can join discussions and share insights with fellow investors.
- Social Media: Olymp Trade maintains an active presence on Facebook, Instagram, Twitter, and more.
- Copy Trading: Users can follow and copy trades from successful investors, allowing beginners to learn from experienced users.
Bonuses and Promotions
Olymp Trade offers various bonuses and promotions to keep users engaged and motivated.
Welcome Bonus
New users can receive a welcome bonus on their first deposit.
The bonus amount varies based on the deposit size, providing an added incentive for new users to start trading.
Trading Contests
It regularly hosts trading contests with attractive prizes.
These contests are a great way for users to test their skills and compete with others in the community.
Conclusion
Olymp Trade stands out as a reliable and user-friendly trading platform suitable for both beginners and experienced investors.
With its low minimum deposit, extensive educational resources, and robust customer support, it offers a comprehensive trading experience.
The platform’s commitment to user satisfaction and continuous improvement makes it a strong contender in the online trading industry.
Whether you are just starting your trading journey or looking for a new platform to enhance your trading skills, Olymp Trade provides the tools and resources you need to succeed.
With its diverse trading instruments, low fees, and supportive community, it is a broker worth considering for your trading needs.
Visit official website: www.olymptrade.comUser Reviews
Video: How to trade Forex
Frequently Asked Questions
Is Olymp Trade regulated?
Yes, the company is regulated by the VFSC (Vanuatu Financial Services Commission).
What is the minimum deposit?
The minimum deposit is $10.
Does it offer a demo account?
Yes, this broker offers a demo account with virtual funds for practice.
What payment methods are accepted?
OlympTrade accepts various payment methods including Credit/Debit Card, Neteller, Skrill, Bitcoin, and Bank Transfer.
Is there an inactivity fee?
Yes, there is an inactivity fee of $10 per month after 180 days of inactivity.
Can I use robots or EAs?
Yes, EAs (Expert Advisors) and trading robots are available.
What trading platforms are available?
Olymp Trade provides its own proprietary trading platform. MT4 and MT5 are not supported.
Resources
Our experts
This article has been written, edited and reviewed by the following members of our team:
Last update:October 2, 2025
