10.0/10
(16 qualified reviews)
US Traders
  • Bonus offers
  • Affiliate program
  • Islamic accounts available
  • Company Inlustris Ltd.
  • Founded in 2014
  • Offices in
    • Cyprus
    • Saint Vincent and the Grenadines
  • Payment options
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  • Demo platforms
    • MetaTrader 4
  • Account currencies
    • Brazilian real
    • Euro
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • The Financial Commission, 22.02.2016
  • Website available in
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  • Support available in
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  • Support methods
    • Email
    • Live chat
    • Phone
    • Web form
  • Trading server time zone GMT
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $2
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 1.5
  • Minimum spread on EUR/USD, pips 1.1
  • Scalping Allowed
  • Trading instruments
    • Forex1:500
    • Options1:50
    • ETF1:50
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 100%
  • Number of currency pairs 28
View contract specifications

Reviews

22 reviews of Olymp Trade are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Hong Kong.

The one that understands its clients and gives them exactly what they need is Olymp Trade. I myself initially doubted that a broker was so good when I first heard about Olymp Trade on the forex forum. There was even a separate thread to discuss the brokerage. But as soon as I opened an account with it, I realized that even if not all of it, more than half of the positive things everybody write about broker are true. But I was more excited by the fact that relatively recently my broker provided its clients with a choice whether to use a specific trading platform from Olymp Trade or MT4 (which wasn't available before). If it's not a care about its clients, I don't know what it then...

, Vietnam.

I can't even imagine that there is anything negative to say about this company, because I personally feel extremely comfortable here. Well, judge for yourself, the terminal always works and allows you to work with any amount of money, tools for analysis as much as in MT4 or MT5, there are constantly published articles and reviews of current events around the world, money is withdrawn here almost instantly, stop-loss is set automatically, if you forgot to do it yourself, commissions are small. In my opinion, everything here is organized more than just well.

, Brazil.

People might have different opinions on this brokers. Some traders like simplicity, others search and search for complex systems, custom indicators and non-traditional approaches.

What I personally understood about trading in 3 years that I trade forex - the simplier, the better.

Overcomplicating leads traders astray from the main goal. We all come to the forex market to make some money, not measure how cool we are or how cool we are in comparison to others.

Olymp suits my style perfectly.

The trading platform is simple, no excessive settings or tools. You can find the most importnat thing intuitively.

Commissions - I wish they were little lower, yet I accept it as the payment for the good service and reliability.

Withdrawals take under one day with most payment systems you might want to use. For example my last withdrawal took only 25 minutes to get completed.

, Kenya.

I really like that Olymp has organized everything so that you don't depend on anything or anyone. But at the same time you have all the necessary tools that allow you to analyze and trade. Now you do not need to use any additional resources, you have active charts, indicators, levels, analytics, it all allows you to stay informed. That's why Olymp is the broker that has won my trust and made me more confident and independent in the market. It seems to me that this is progress...

, Mumbai, India.

I will not talk too much about the advantages of this broker, because the number of countries he works in already speaks for itself. But I can say about my personal experience, a person who is not yet very good at the market situation. And I can say that thanks to the analytics and webinars of OLYMP I manage not to miss important events and go out on a small, but still profitable. I see that my work brings results, and this is the best motivation that I could get.

, India.

I was new to forex a year ago and I’m grateful someone suggested me trying with Olymp. Olymp - because their trading software is not that complicated. It took me less than a day to get familiar with most of the features, you can find all the tutorials on the internet including youtube videos. Once again Olymp - because their threshold to start live trading is really low - just $10 and here you are - a live trader. The feeling is absolutely fantastic. Even though first I was making only $1-2 per trade or even less than that sometimes - I felt the hope is there. Once I learned to be more systematic and control the emotions - i let risks get bigger and profits went up to. This is success and I’m glad I’ve chosen Olymp.

, South Africa.

I do not think it takes a lot of money and luck to become a successful trader. In fact, in order to earn with its help you will really need initial capital, so show me a business that you can start without money. And of course, do not forget about the importance of a broker. Only companies like olymp trade have the right to be called brokers, because they provide normal working conditions and allow their clients to experience full freedom in the market and use any strategies. It seems to me that this is worthy of attention.

, Uruguay.

Good afternoon. I'm still a beginner in the free demo account, but I'm really enjoying it. The platform is complete and has all the necessary tools and indicators to perform good transactions. In addition, the Olymp Plus application is a great help and has many learning materials and strategies that are helping me greatly improve my skills.

, Malaysia.

Olymp Trade is my favourite broker and I know what I'm talking about, really. I was trading with at least 4 brokers (I don't count some brokers I traded for couple of days, just to try) and Olymp Trade is number 1 of all of them. Maybe I just overhype it, but I like the way everything works. Trading platform is convenient and adapted to each trader needs. Those, who don't know many things (noobs) can just use indicators on default settings, but more sophisticated traders can adjust everything. That really works!

, Czech Republic.

Since I'm very anxious and it's hard for me to start something new, I could never think of working as a trader. Usually this work is tied to risks, adventurism and quick decisions, which I have never been able to cope with. I was very attracted by the fact that the minimum account size at Olymp Trade is only $2, what means that you don't have to enter any large amounts of money, you don't have to worry that you will lose it, you won't be able to withdraw it etc. Transfer 2 dollars to your account and you learn to work with real money (and not with a demo account). Together with your confidence in trading, the amount of money you enter and the amount of revenue you earn will grow.

, Bangladesh.

Olymp trade is beneficial mostly of its trading platform, that's divided in 3 blocks, so that's easy to understand and trading is easy even for non-professionals. If you don't want to take high risks and want to test platform, there's also demo-account with all real trading platform features, so you can not just test and learn, but also master straregies when trading real money (I always test each strategy with demo-account before applying it, that's important for me, as I can learn it and then come trading). There is a lot of analysis tools also, it seems for me that they're enough. Moreover, each tool has explanations that traders can read, so you can learn sth new when trading and there is no need to google. Of course. there is no withdrawals or trading troubles (Olymp Trade is part of IFC), so I can recommend Olymp.

, Malaysia.

Olymp trade was a broker I already know even before I got interested in trading. Broker's marketing service is really working strong on attracting new traders. To be honest, that was the reason why I don't take Olymp seriously. I don't mean that there were any problems with Olymp, but usually those companies that boast the most and are active in social networks and other media services are poor in terms of quality. However, I tried this broker and I'm trading 3 years now. In fact, Olymp Trade was one of the companies that do all that was promised, so I'm just satisfied :)

, Brazil.

Trading with Olymp Trade begins with 100% deposit bonus. It will be payed to your account in approximately a hour after you make your deposit and that bonus is very usefull for traders that trade with small amounts of money. I know that many people don't love bonuses, but that's real freebie and if broker gives such possibility, then why don't use it? As I know, Olymp trade has official community, so each trader can communicate with others and get direct info and opinions, that's also cool. The list of assets to trade is vast, so each trader will find sth to try. And support service is quick and working all-time, so even at night, you'll get the information you need.

.

Olymp trade is fair broker with international regulation, I may be wrong, but this institution is called Finacom and it compensates up to 20.000 dollars in case if broker takes any unfair actions. That's very important, as you can't trade and relax if you're always afraid that your funds can be lost. Other important point is good trading platform and reliable support. There is no problems with trading platform - it's native, fast and with quick order execution. I think even very-very novices will be easy and learn how things work in a couple of days. I especially like its indicators, there are all popular indicators and there is no problem to add new indicators or adjust and customize old ones. There is also mobile app with full functionality, so you even don't need a PC to trade, as you can use only smartphone. The app is fast and doesn't use a lot of Internet traffic and battery charge.

, Morocco.

Olymp Trade is an international platform for trading and it already gained well-known and respected name. Even people that aren't interested in trading already know something about that company. Olymp has been developing rapidly since it was launched in 2014, offering trading services in financial markets. The Olymp trading platform claims to be developed by leading experts in the financial industry and really it's convenient, but the same time it's functional and offer whole range of trading instruments. So, I think it's simple and convenient enough even for beginners, that can try demo to learn how to use that platfrom. I find trading platform very convenient and Olymp Trade has a lot of videos that help newbies learn how to trade and use trading platform. My opinion is only positive and I think that company is brilliant.

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