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Olymptrade

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Indonesia
1 review
0 helpful votes
Follow Dian N.
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Membership in FinaCom
August 31, 2024

I carefully studied how Olymp Trade ensures security and reliability of its services.
***this was of particular importance to me as I invested all my savings in trading on this platform.

I might have misunderstood, but it looks like Olymp Trade is a member of FinaCom. If I understood correctly, this is a special commission that ensures that brokers fulfill their obligations to traders. And this commission also ensures security.

Maybe I didn't understand something right. But bottom line is that there is an international body that ensures reliability of this broker

Date of experience: August 31, 2024
Olymptrade .. Olymptrade Rep
8 months ago

Hello Dian N.,

Thank you for taking the time to learn about the security and reliability of our services. We understand how important it is to feel secure when investing your hard-earned savings.

You are absolutely correct! Olymp Trade is a member of the Financial Commission (FinaCom), an independent international organization dedicated to resolving disputes in the financial services industry. As a member, we are committed to upholding high standards of transparency, integrity, and service. FinaCom acts as an external dispute resolution body, ensuring that brokers like us fulfill our obligations to traders.

Additionally, FinaCom provides a compensation fund of up to €20,000 per client, which offers an extra layer of protection in the unlikely event of any disputes. This membership helps to assure our traders that they are dealing with a reliable and trustworthy broker.

We’re here to support you every step of the way, so if you have any further questions or need clarification, please don’t hesitate to reach out.

Thank you for choosing Olymp Trade,
The Olymp Trade Team

Argentina
1 review
1 helpful vote
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Triple rebound
June 10, 2024

First of all I want to mention that I'm new in the trading field and take it easy about my review. I like how many educational materials OlympTrade provides for customers and especially quantity of video strategies is tremendous. I recently watched a video about triple rebound strategy and to my surprise it was easier than I thought. I'm going to check out other strategies also.

Date of experience: June 10, 2024
Olymptrade .. Olymptrade Rep
11 months ago

Hello, Martin S.
Thank you for sharing your experience and review! It's great to hear that you find the educational materials and video strategies on Olymp Trade helpful. The triple rebound strategy can indeed be a straightforward and effective method for beginners. Keep exploring and learning from the various resources available – it's a fantastic way to build your trading skills. If you have any questions or need further guidance, don't hesitate to reach out to the community or support team. Happy trading and best of luck with your future strategies!
Best regards,
Olymp Trade team.

Brazil
1 review
0 helpful votes
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I have traded
September 11, 2024

I have traded before on the crypto exchanges but I wanted to change something in my trading path and decided to try to trade on the forex market. It was something new and unusual for me but I was full of willingness to learn to trade properly on the forex and luckily Olymp Trade provides a lot of educational materials for that.
By the way, there are a lot of ways available for making deposits and withdrawals through various payment methods. Of course, as a person who is familiar with the crypto world I made a deposit through USDT and the transaction was quite fast and smooth.😁

Date of experience: September 11, 2024
Olymptrade .. Olymptrade Rep
7 months ago

Thank you for sharing your experience! 😊 It’s awesome to hear that you’ve made the switch from crypto to forex trading and that you’re finding our educational materials helpful in your learning journey. We’re committed to providing resources to support traders at every stage. And it’s great to know that your deposit with USDT was quick and smooth—we strive to offer a variety of payment methods to make transactions as convenient as possible. If you ever have any questions or need further assistance, we’re here to help. Happy trading, and best of luck on your forex journey! 🚀📈💪

India
1 review
0 helpful votes
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Training and education
July 18, 2024

Ngl this broker has really nice set of educational materials, guys.
In addition, they are available directly on platform.
I showed you on screenshot where you can find them.

I can write quite a lot about benefits of these materials. So for example, I watch these tutorials and immediately apply knowledge that I got from them on demo account. And if I see that something interesting, then I start trading on real account.

Date of experience: July 18, 2024
Olymptrade .. Olymptrade Rep
10 months ago

Hey there, Jokhan D.

Thanks for sharing your positive feedback! We're thrilled to hear that you find our educational materials helpful and accessible directly on the platform.

It's fantastic that you're using the tutorials and applying the knowledge on your demo account before moving to real trading. That's a smart approach to gaining confidence and improving your skills.

If you have any questions or need further assistance, feel free to reach out. Happy trading and learning!

Best regards, Olymp Trade Team

Indonesia
1 review
0 helpful votes
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Olymp Trade
June 15, 2024

As soon as I made a deposit I got a starter status of my trading account but I found out that there are three types of statuses of accounts. It depends on which amount of money you are going to deposit. Well, I'm not ready to deposit a large capital for that so far but in the near future I will do so when I will understand how everything works because I'm completely new to trading.

Date of experience: June 15, 2024
Olymptrade .. Olymptrade Rep
11 months ago

Hello, Eko S.
The simplest way is to top up your account with the required amount:

• Starter — default status, no deposit necessary
• Advanced — you need to deposit at least $500/€500 or USDT 100 to your USDT account
• Expert — you need to deposit at least $2000/€2000 or USDT 500 to your USDT account

You can also upgrade your status by earning experience points (XP), which you can get by making trades on a live account and completing Trader's Way tasks.
Best regards,
Olymp Trade team.

Mexico
1 review
0 helpful votes
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Fixed time is fixed money
July 1, 2024

Fixed time trading hits so different xD Decided to go with BTC going down. Once again, its inside the channel it's build for itself. And even opened multiple trades on it, all for different time frames. Feels so good to see them close in +, one by one.

Date of experience: July 1, 2024
Olymptrade .. Olymptrade Rep
10 months ago

Hi, Luis G.

Thank you for sharing your experience with Olymp Trade! We're thrilled to hear that you're enjoying fixed-time trading and that your strategy with BTC has been successful. It's great to know that you find satisfaction in seeing your trades close in profit, especially when utilizing different time frames.

Keep up the excellent work, and feel free to reach out if you have any questions or need further support. Happy trading!

Best regards,
Olymp Trade Team

Colombia
1 review
0 helpful votes
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Two trading modes
May 29, 2024

Wow, there are 2 separate trading modes with completely different mechanism.
I tried fixed-time trading and profitability on some currency pairs with my starter account was about 80% which is generous for real. =))
No cap, I'mma try this thing next time again.

Date of experience: May 29, 2024
Olymptrade .. Olymptrade Rep
11 months ago

Hello, Miguel H.
Thanks for your feedback — it’s integral to our growth.

We’re here so that you get a top-notch trading experience. Stay tuned for more!

All the best,
Olymp Trade

Argentina
1 review
0 helpful votes
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My trading account has
August 24, 2024

My trading account has an advanced status although I started with a starter status but I was able to get to the next level faster than I expected. I like that the commission discount is 10%.🙂
By the way, I noticed that the speed of withdrawals on the advanced account are faster than on a starter one, so if you want to withdraw money fastly then I think the former one is a better option. The trading platform is also cool and the user interface is modern and totally better than the previous platform which I have used before.👍

Date of experience: August 24, 2024
Olymptrade .. Olymptrade Rep
8 months ago

Hello,Fernando M.
Hi there! Thanks for sharing your experience with us!

It’s fantastic to hear that you’ve reached the Advanced status so quickly and are enjoying the benefits, like the 10% commission discount and faster withdrawals. We designed these perks to reward our dedicated traders, and it’s great to know they’re making a positive difference for you!

We’re also glad you’re enjoying our trading platform’s user interface and design. Providing a modern and efficient trading experience is a top priority for us, so it’s wonderful to hear that you find it better than what you’ve used before.

If you have any questions or need further assistance, don’t hesitate to reach out. Happy trading, and thanks for being a part of the Olymp Trade community! 😊👍
Best regards, Olymp Trade team.

Brazil
1 review
1 helpful vote
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Easy-peasy
August 1, 2024

Opening an account was really EASY🍾

No hassle🐝, no hundreds of documents📃, not a lot of rules.

Registered, put some money ($25 was enough for me), and went trading.

I gotta say I traded a bit of demo and I was the KING on demo, but on real I am taking it slow. Have a starter status for a beginner and putting minimum lots, but when I learn, I will be unstoppable... hopefully😂

Date of experience: August 1, 2024
Olymptrade .. Olymptrade Rep
9 months ago

Hello, Tiago R.

Thank you for sharing your experience with Olymp Trade! 😊 We're thrilled to hear that opening an account was easy for you. Starting with the demo account is a great way to get comfortable, and we're glad you're taking your time to learn on the real account.

With your positive attitude and determination, we're sure you'll achieve great success in trading. If you ever need any assistance or have questions, our support team is always here to help.

Happy trading and best of luck! 🚀

Best regards,
The Olymp Trade Team

RU
9 reviews
2 helpful votes
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Because it is a fact that there are no universal strategies, that we cannot all act on the same plan of action.
Some of the traders need a crazy dynamics.
Someone is used to act calmly, minimizing the risks as much as possible.
Someone has understood the technical analysis well.
And for some of them, only fundamental analysis has become the main reason for successful existence in the market.
And I am strictly convinced that many companies lack such functionality that every trader can trade in the way he likes and feels comfortable. And here we were able to take into account the wishes of different categories of traders and even picked up various tools that can be useful to you.

Date of experience: May 20, 2020
Olymptrade .. Olymptrade Rep
over a year old

Hello there, Agardonel!

Thank you for the review. We are proud to provide the trading platform with various functionality. Jave a prosperous trading with Olymp Trade!

Best regards, Olymp trade team.

Egypt
1 review
1 helpful vote
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Profitability of trading
September 17, 2024

I want to share my opinion about profitability of trading on OlympTrade platform
I can assume that such opinion matters

So my current profitability is 85%
For my Starter level, this is the standard size of profitability.
To be honest, this is not a very big %, because I know that when I reach Expert level, my profitability will grow to 93%

Although I understand that even 85% is quite a lot,. Given that trading takes a little time, such trading can bring me good profit.

Date of experience: September 17, 2024
Olymptrade .. Olymptrade Rep
7 months ago

Hello, Fadi H.
Thank you for sharing your thoughts on trading profitability with us! 😊 It’s great to hear that you’re already achieving an 85% profitability rate at the Starter level. While it may seem modest compared to the higher levels, it’s still a solid performance and a good foundation for future growth.

As you progress and reach the Expert level, the increased profitability can certainly amplify your trading results. But even at 85%, with the right strategy and risk management, you can achieve consistent and rewarding returns. Remember, it’s not just about the percentage but also about steady growth and learning along the way.

We’re here to support your journey and help you maximize your potential. If you have any questions or need advice, feel free to reach out. Happy trading, and we wish you the best of luck as you aim for the Expert level! 🚀📈💪

Brazil
1 review
1 helpful vote
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I have a few points that I have highlighted for myself and can characterise.
1. The mobile app works fine, with no significant delays, but has a small toolkit like the main terminal - may be some limitation for some people.
2. Expert account level is really very profitable, there are bonuses, you can open several dozens of orders, really suitable for constant earnings and constant work.
3. Demo account can really be used at any time and can be upgraded if trading on demo is unsuccessful.
4. There are many payment systems, it is convenient to fund the account in terms of commissions.

Date of experience: December 17, 2021
Olymptrade .. Olymptrade Rep
over a year old

Hi there, Andres M!

Thanks for leaving us such a thoughtful review. It's great that you are satisfied with the work of the application. It is important for us to keep up with the times. Therefore, we don't stop improving the application.
We will delight you with new tools with upcoming updates.

It is wonderful that you have appreciated our Trader's Way system. We are pleased to make your trading more exciting.
We understand how important it is for a trader to try out new strategies, so a demo account for 10,000 demos USD/EUR is provided for all our users.

Thank you for noting the variety of payment systems on the platform. Traders all over the world work with us. Therefore, it is important for us to create comfortable conditions for traders.

We wish you prosperous trading!

Best regards, Olymp Trade team.

India
1 review
0 helpful votes
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The main thing which I like in this broker is the simplicity of the platform and ability to trade if you are out of the PC or laptop. I remember the situation when mobile app helped me to close the deal in plus, while if I didn't have any opportunity to trade from phone, I'd lost this deal. It was a cool situation actually. From those times I realized the necessity of checking positions if I need to go far away from the PC.
Actually, there are tons of advantages, but also there are flaws as well... I can't state that the broker is a perfect one. No. For example, sometimes it takes lots of time to find particular information, i. E concerning bonuses. It was a real challenge to me and I spent almost hour and a half.

Date of experience: July 2, 2022
Olymptrade .. Olymptrade Rep
over a year old

Hello, Sirish S!

Thanks very much for your balanced and fair review of the Olymp Trade platform. We pay attention to designing a user-friendly and understandable platform. With a mobile app, being handy is the most important ability we focus on. We are excited to know that you put it to use.

Trading knowledge is huge and needs to be updated constantly. Therefore, our education database contains a lot of information. We will take your review into consideration. In the future, we would like to design a better search engine.

Best regards, Olymp Trade team.

GB
7 reviews
1 helpful vote
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I call Olymp Trade all-in-one brokerage because this broker offers everything that a trader may need to trade successfully.
If you are a beginner, then Olymp Trade offers you education. That's exactly education, not a part of information that's usually offered by other brokers. The difference is that when most brokers offer something similar to the ""trading vocabulary"" where you can only learn the most basic things, Olymp Trade offers a full educational course where you can learn trading in detail.
At the same time, I think that Olymp Trade is not very good for professionals because there is no automated trading or copy-trading platform, as well as Trading Central signals.

Date of experience: July 14, 2020
Olymptrade .. Olymptrade Rep
over a year old

Hello, Snow B.

Thank you for the review. We are glad that you have mentioned our extensive educational materials, we try to provide maximum information to our traders. For experienced traders, we offer webinars, strategy tactic articles, and useful guides. Also, if you have Advanced or Expert status, you get an access to VIP materials about trading signals.

Best regards, Olymp trade team.

New York
1 review
0 helpful votes
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This platform is a complete scam, and I regret ever trusting them. As soon as I started making consistent profits, they locked my account and refused to process my withdrawals. When I tried to address the issue in their public chat, they banned me without any justification. It's clear they only want your deposits and have no intention of letting you withdraw your earnings. They hide behind ambiguous rules to justify their theft. Please, do not fall for their tricks—this platform is fraudulent, and I hope more people speak out to hold them accountable.

UPDATE:
After months of frustration, I got my money back from this scam exchange with the help of a recovery agency. If you need assistance, reach out to me via the email address on my profile.

Date of experience: January 4, 2025
Olymptrade .. Olymptrade Rep
2 months ago

Hello Benjamin,

We’re sorry to hear about your experience. At Olymptrade, we are committed to providing a fair and transparent trading environment for all users. Account restrictions or withdrawal delays are typically related to verification procedures, security checks, or policy compliance.

To assist you further, please provide your Olymptrade account ID, and we will escalate your case for a detailed review. If you have already contacted our support team, we encourage you to follow up through official channels so we can resolve this issue as soon as possible. Your feedback is important to us, and we appreciate your patience.

Best regards, the Olymptrade team.

AE
1 review
0 helpful votes
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Payment methods
August 20, 2024

I was quite impressed with how many different ways Olymp Trade provides for making deposits and withdrawals through a lot of financial payment systems.🤯
I was a little bit confused about how to make deposits through crypto and I wanted to learn how to do it, so yeah, the technical support was able to explain to me how everything works and I decided to make a deposit through USDT and to my surprise it was easier than I thought. I don't know why I was so afraid of making transactions through crypto currencies. Lol😂

Date of experience: August 20, 2024
Olymptrade .. Olymptrade Rep
8 months ago

Hi, Yousef A.
It's great to hear that you were impressed with the variety of payment methods available on Olymp Trade! 🌟 We understand that trying something new, like making deposits through cryptocurrencies, can feel a bit daunting at first, but we're glad our technical support team was able to guide you through the process.

USDT is indeed a popular and convenient option for many traders, and it’s fantastic that you found it easier than expected. It’s always rewarding to overcome those initial fears and discover how straightforward things can be. 😊

If you ever have more questions or need further assistance, don't hesitate to reach out. We're here to help you every step of the way! Happy trading! 🚀
Best regards, Olymp Trade team

Indonesia
1 review
0 helpful votes
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The Fixed Time Trading
August 1, 2024

I never really knew about trading like this, and I see the advantages and disadvantages of it. Scalping traders will love it for sure. There are so many instruments to trade as well using the Fixed time trading mode. I have got a hang of it and it is quite profitable, considering the profitability of the platform.

Date of experience: August 1, 2024
Olymptrade .. Olymptrade Rep
9 months ago

Hello, Eko W.

Thank you for sharing your experience with Fixed Time Trading on Olymp Trade! 😊 We're delighted to hear that you've found it profitable and that you appreciate the variety of instruments available. Fixed Time Trading can indeed be a great option for scalping traders due to its unique advantages.

If you have any questions or need further assistance, our support team is always here to help.

Happy trading! 🚀

Best regards,
The Olymp Trade Team

Mexico
1 review
0 helpful votes
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Still learning👍
August 20, 2024

The whole concept of fixed time trades was kinda new to me.
So I opened a demo acc🧾to paper trade a bit and learn it.
Turns out this kind of trading is interesting, it is based on time🕛

Date of experience: August 20, 2024
Olymptrade .. Olymptrade Rep
8 months ago

Hello, Carlos M.
It’s awesome that you’re taking the time to learn and explore fixed time trades! 👍 Starting with a demo account is a smart move— it gives you the chance to practice and understand the strategies without any risk. Fixed time trading is indeed unique, and its focus on timing adds an interesting dimension to the experience.

Keep experimenting and honing your skills. We’re here to support you on your trading journey! 🚀 Happy trading!
Best regards, Olymp Trade team

AE
1 review
0 helpful votes
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My experience on the platform
September 16, 2024

Here is my olymp trade review and first impression after I opened an account and started trading on the platform.
The onboarding procedure is quite simple. It does not ask for silly questions or going through some silly trading quiz :D All you need is to fill out the form and upload the documents.
Next you need to choose an account type, but this is straightforward because all you need to choose is your base currency. I chosed the USDT account type, since I wanted to deposit and withdraw in the future in USDT. This is some sort of an advantage of Olymp Trade, providing usdt as a base currency is not a common thing in the market.
Next, the initial requirements are quite low… I deposited $250 but one can open a real trading account with a far lower deposit.
The trading platform itself is pretty intuitive. Even for newbies. It won't take you long to get accustomed to it.
And lastly, I like its concept - no spreads (or at least they are so low that I haven't even noticed them), only commission. This is a fair and honest approach 👍
Anyways, the overall concept of the platform is different from the rest. Some may like it, and some may find it unattractive. Being different is a double-edged sword!

Date of experience: September 16, 2024
Olymptrade .. Olymptrade Rep
7 months ago

Hello, Shuaib J.
Thank you so much for sharing your detailed review and first impressions! 😊 We’re glad to hear that you found the onboarding process smooth and hassle-free. We know that starting on a new platform can be daunting, so we aim to make it as straightforward as possible. It’s great to see you appreciate the flexibility of having USDT as a base currency—it's something we offer to cater to the needs of our crypto-savvy traders.

We’re also pleased to know that you find our platform intuitive and user-friendly, even for those new to trading. The low or no spread approach is indeed a unique feature, designed to provide a transparent and cost-effective trading experience. We understand that being different can be challenging, but we’re committed to offering a distinctive and honest trading environment.

Thank you for your trust and feedback! If you have any suggestions or need any assistance as you continue your trading journey, we’re here for you. Happy trading and wishing you lots of success! 🚀📈✨

Mexico
1 review
0 helpful votes
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Chasing the status
July 19, 2024

No lie, expert status is smth that I am dreaming of, because those perks coming with are worth every minute spent on trading, srsly.
I know that I can use marketplace and buy it there, but is this interesting? Ofc no, you ain't have any stimulus to keep going if you buy statuses. My Advanced one was obtained by sweat, blood and tears.
But I ain't like it, I wanna expert!

Date of experience: July 19, 2024
Olymptrade .. Olymptrade Rep
9 months ago

Hello, Luis T.
Thank you for sharing your thoughts! We love hearing about your dedication and ambition. You can also upgrade your status by earning experience points (XP), which you can get by making trades on a live account and completing Trader's Way tasks.
Best regards,
Olymp Trade team

Overview

Olymptrade has a rating of 4.5 stars from 265 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Olymptrade most frequently mention fixed time, trading platform and demo account. Olymptrade ranks 2nd among Stock Trading sites.

service
76
value
38
shipping
1
returns
2
quality
66
This company responds to reviews on average within 1 day