I heard many words about them being a beginner-friendly broker, and I am glad that I listened to those words and checked this platform. I am a new trader and this was not the first time I tried trading. Unlike other platforms, where I couldn't understand what was going on, here everything is much simpler and easy to get accustomed to.
I am into crypto, since I have a friend who has longer experience in trading than me, and he provides me some trading advice on Bitcoin.
So far, it is going well, and I can recommend this platform to all beginners.
It was curious for me which pricing model this broker has chosen and I decided to nose it out by trading for a while.
As far as I understood it's a kinda... mixed mechanism where are both spreads an commissions, but at the same time they don't bite your profit whatsoever!
I traded currency pairs and cryptos, and al the time, even when I opened deals during peak hours, those charged spreads were invisible completely. Inmy opinion, they have developed a good system.
Hello, Arturo M.
Thank you for your positive feedback! We're glad to hear that you found our pricing model effective and transparent. At Olymp Trade, we strive to provide a seamless trading experience with minimal impact on your profits. Your observation about our spread and commission structure is appreciated, and we're pleased that even during peak hours, our system met your expectations. We aim to continuously improve and provide the best trading environment for our users. Happy trading!
Best regards,
Olymp Trade team
What I love about this platform is that it provide great oportunities.
For quite a long time, I traded in classic forex mode using a single trading strategy. And such tradinf brought me about 200 - 300 dollars a month. This is good result, but it's not as much as I would like to get from trading
Therefore, I save up about $ 2000 and started aditionally trading in FTT mode using one strategy that I saw in one of youtube videos.
Now this new trading strategy brings additional $80 - $120 per month.
Hi, Carlos R.
Thanks for sharing your story with us!
By the way, if you’re looking for new strategies to try out, Stock could be an interesting option for you to consider.
Best of luck,
Olymp Trade
I have heard a lot about Olymp Trade and their name reminds me of the com[petition Olympic Games which will holded soon in the coming summer.
Anyway, the broker is great with a wide variety of financial services and I'm not sure about other traders but personally I am thrilled by their services.
There are also three types of trading accounts and each of them has different beneficial conditions. I am still on a startet trading account and I',m going to switch it to another trading account "Advanced" because the transactions of withdrawals are faster than on a starter account.
Hello, Sohail N.
Thanks for your feedback!
Our team is always here, improving things to make sure you get the best experience possible. Keep trading with us!
Best regards,
The Olymp Trade team
I came here to trade and my trading strategy is based only on patterns that I see on the chart. Therefore, it's important for me that platform has a simple interface for opening and closing orders, fast execution and tools for drawing levels and graphical figures.
This broker has a good set of everything that I have listed.
Hi, Gabriel O.
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
I can't say that i, encountered this broker casually.
Actually, I really knew who I was going to mess with, because olymptrade is the brand that is flashing around the net.
Rly, check how many reviews this; platform has and check its legal base. The company is overseen by the financial commission, which is a renowned organization in the trading industry!
Speaking of trading itself, then there are some things that are attractive to me, like statuses which help you to level up profitabiltiy rate while trading in fixed time mode
Hello, Yuniarti W.
Thanks for your feedback!
Our team is always here, improving things to make sure you get the best experience possible. Keep trading with us!
Best regards,
The Olymp Trade team
Having an affordable minimum deposit is very important because most beginners do not really have cash they are not using so they have to be very wary of how they spend at the beginning of their trading. The trading instruments are also diverse, and you can trade in any market you want. I trade Eth/Usd on different trading modes and it's all good.
Hi, Javier L.
Thanks a lot! Feedback like yours drives us to keep improving.
Best of luck,
Olymp Trade
This broker is a global broker and I like that they know and act accordingly because it's not all brokers that take this thing into consideration. There are still many brokers that offer limited payment methods making it very difficult to make transactions. Going back to Olymp trade, the platform has various payment methods both for making deposits and making withdrawals, both local and global. Local to every region I mean, and then they also have crypto payment gateways. Just that some that you expect are not available.👍🏽
Hi, Luis G.
We appreciate your feedback.
We’re constantly refining our platform to better meet your trading needs. Stay tuned for more!
Best wishes,
Olymp Trade
It is quite good online platform that provides access to financial markets. Everything works well and without failures.
I haven't had time to learn all features, but I've already started trading on demo to check platform's quality. So far everything is great.
Hello, dear Ram K.
Thank you for the review; we appreciate your kind words. We are cheerful that you like our online trading platform. It is extremely beneficial for a new user to test it on the demo account. By doing so, you can not only learn how to use the platform but also practice your trading skill at zero cost. We are excited that you take advantage of the demo account. Hope you switch to the real account once you are ready.
Keep up the good work!
Best regards, Olymp Trade team.
This is one of the best and worldwide top-class brokers I have ever met in my trading career. They offer lots of useful services for customers. Traders can choose three types of trading modes. For example, there are forex, stocks and fixed time modes.
I was trading in all kinds of modes and it was really fun. I can say there are such tight spreads which I can't see with my own eyes, low commissions, cheap swaps and lots of pending orders that increase your profit in trading.I would like to highly recommend trying out this broker to beginners and experienced traders!
Hello, Sarawut B.
We appreciate your feedback.
We’re constantly refining our platform to better meet your trading needs. Stay tuned for more!
Best wishes,
Olymp Trade
There is nothing better in traders' lives to meet a very responsible and responsive broker, which always can help you with any issues you might face. In my opinion, brokers pay less attention to such details, however this broker amazed me by these things. Firstly, it's well regulated by well-known regulators and it makes it quite reliable. Moreover, I want to note here a great multilingual customer support which can answer your questions via any channel which is convenient for you and any time you want. It's pretty quick and responsive.
Hi there, Kia J.
Thank you for taking the time to leave a 5-star review. It is great that we have managed to amaze you with our attention to detail. It is wonderful that you appreciate multilingual customer support. Our support team is doing its best to give prompt assistance in any appearing situation. Wish you a prosperous trading!
Best regards, Olymp Trade team.
I just made a profitable trade and it is worth talking about. I have not used any extra resources from anywhere else... even youtube to learn anything. All that I have been using was provided by the broker and I have made a successful trade using it.
Hi, Diego C.
Thanks for your feedback!
Stay tuned for more updates.
All the best,
Olymp Trade
Therefore, first of all I chose a company with quality services for my own analysis. Here I learned to work on technical analysis, there is always access to the demo, and here they prepare analytics, which can be used in the work at least every day!
Hi, dear Tome!
Thank you for your 5-star rating. We are grateful for mentioning the replenishable demo account and analytics that can be used to improve your results. It is excellent that you have learned to work on technical analysis on the Olymp Trade platform. Keep up the good work!
Best regards, Olymp Trade team.
I appreciate the low minimum deposit requirement on Olymp Trade, which makes it easier for people to start trading without having to put in a large amount of money upfront. As a result, this lowers the barrier of entry for all individuals.
But the broker could've done more with the types of accounts.
Hello, Jacomo V.
Thanks for your trust. It means so much when our traders share their experiences. Olymp Trade commits to providing the finest trading conditions for traders. A low minimum deposit is also included. We would like to bring trading opportunities for everyone. We have plenty of types of accounts for you to discover.
Wish you a lot of success!
Best regards, Olymp Trade team.
Good broker. I use it to test strategies on real account. I like the fact that I can manually set any expiry time. There is no room for excitement when trading with Fixed Time Trades. The mind has to be cool..
Hello dear, Raju B!
Thank you for the review. It is always a pleasure to see such positive feedback. We agree with you, it is indeed crucial to have a clear mind in order to make rational decisions. We wish prosperity to your trade!
Best regards, Olymp Trade team.
I spent a considerable amount of time developing a trading system of mine as well as looking for the right broker. Olymp Trade was the choice. It has good reputation and it is well regulated.
As for the practical matter, I really appreciated the broker's platform. It is friendly to use
Features like multi-chart, TA indicators and tools make charting on platform seamless
Hi, Putri W.
Thanks a lot! Feedback like yours drives us to keep improving.
Best of luck,
Olymp Trade
Here are some insights of my trading on n this broker's platform. I'm sure it's better than just positive review.
My trading divided into two parts. To be more precise, I trade FTT and sometimes trade some stocks in forex trading mode.
It seems to me that stock trading makes profit only if it is positional trading, which is allowed by forex mode and which is not possible in FTT mode. This is my opinion guys...
Both modes have advantages. And that's why I combine them in my trading. This way I get more opportunities to make a profit.
Hi, Enzo C.
Thanks a lot! Feedback like yours drives us to keep improving.
Best of luck,
Olymp Trade
The broker is really large by domestic standards. For beginners, this is what you need. For working with small deposits, probably too. There are usually no problems with withdrawing funds, although I know people who have had certain problems.
I would like to draw your attention to the promotional codes that are issued in May 2021. Don't miss the opportunity to get a promo code in the form of a 15% deposit bonus. It is very simple to use bonuses, you enter a promo code in a special field and you receive bonuses - from an increase in your deposit to a simplified status upgrade. I would like to draw your attention to the fact that promotional codes have a validity period and will need to be applied in the near future.
Hi there!
Thank you for drawing the users' attention to the promo codes aspect. Indeed, using the Olymp Trade bonus codes traders can get bonus money while depositing funds on their accounts. Promo codes allow expanding trading capabilities and making more profit without risking their own invested amount.
Best regards, Olymp Trade team.
One can't ignore the abundance of positive reviews about Olymp Trade and I read so many of them highlighting that this platform is an excellent choice for beginners.
That might be true.
However, I don't see any reason why it shouldn't be an excellent place for experienced ones too. Actually, pros can do a lot more on such a versatile trading platform :)
Hello, Chaiwat S.
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
As someone who's always on the go, I need a trading platform I can use from anywhere, anytime. Olymp Trade has given this to me. The mobile app is friendly, with an intuitive interface and comprehensive tools, allowing me to trade efficiently. The fact that they are members of the Financial Commission and their commitment to security gives me the confidence I need.
Highly recommend it to anyone looking for a mobile trading platform that delivers!
Hi, dear Abdul M.
Thank you for your feedback. We are thrilled to have you as part of our big community! A mobile app has everything you need in one place. It is similar to the desktop version. Now you have the option to observe the market everywhere you go. You also will not miss the trading opportunities when it comes. We hope that you will discover more benefits from the mobile app.
Olymp Trade is a certified broker. We can assure that you can trade at Olymp Trade with your trust.
Have fruitful trading!
Best regards, Olymp Trade team.
Answer: Raed A, hi there! Thanks for the good question. On weekends the stock market is closed. Most of the assets will become available only from Monday. However, you can still trade on cryptocurrencies, Over-The-Counter assets, and Composites. If you would like to know more about the trading hours of the assets, kindly follow the link https://plus.olymptrade.com/en/assets Do not hesitate to contact us if any questions or concerns appear. Best regards, Olymp Trade team.
Answer: Greetings, Yono K! That's a good question. The level of difficulty of using the indicator depends on your experience and knowledge. If you would like to get more information about trading, please look at this link: https://plus.olymptrade.com/en/education It is our education section, where you can find a lot of useful information about trading basics. You can also try each indicator on a demo account. We advise you to start trading on your live account only if you are able to make a profit on your demo account. Best regards, Olymp Trade team.
Answer: Hello, Shau T. Thank you for your question. We assume that you are asking about fees on the Forex mode. In Forex, we have Commission and Overnight fees. For Commissions, when opening a Forex trade, a certain amount is deducted from the trader's balance. This amount depends on several criteria: trade amount, multiplier, asset specification, etc. The current commission is shown along with the rest of the information about the trade. However, the final payment may sometimes differ slightly due to the market situation. Information about the minimum commission rate for opening trade and other conditions can be found in the "Trading Conditions" tab of the "Assets" menu. You can access it through the "Help" section. For the Overnight Fee (rollover to the next day), it is a commission for carrying a trader's leveraged position overnight and then deducted from the balance daily. The amount of commission depends on the factors of the trade amount, direction, multiplier, and overnight fee rate of the pair. The latter can be found in the "Trading Conditions" tab of the "Assets" menu. Hope we have answered your question. Best regards, Olymp Trade team.
Answer: How brief should it be? Is "yes" brief enough? Look, the answer depends on what you are trying to achieve. If your goal is to get as much trading experience as possible in various trading aspects then you should definitely try it. Because of all trading modes olymp trade provides its clients, we can choose the type we are more inclined to. And it's a big deal, cuz each one of these modes differs from the others drastically.
Answer: It's difficult and easy simultaneously. I mean to start trading with olymp trade platform is quite easy because the platform itself is very intuitive and user-friendly. It won't take too much of your precious time to master it. On the flip side, to become good at trading you need to spend a lot of time on education which is very hard to do. You can either use olymp trade educational articles for that or try to find information on the web. I can say that olymp trade materials are well-rounded ones, and essentially it will be enough in the beginning. It will definitely help you to make a simple trading strategy. The more competent you will become the more you will explore some sophisticated trading theories. Answering your question I would say be prepared that trading requires lots of self-discipline and learning, it's not a walk in the park.
Answer: Hi, Arpit! The number of transactions opened at the same time depends on your status on the platform. For example, the maximum number of trades that can be opened simultaneously for the Starter status is 20 on the Fixed Time Trades mode and 100 on Forex. You can find the detailed information at the link: https://olymptrade.com/en-us/statuses To provide you with a personalized answer, we will need to clarify your account details. Please, contact our support team on the website or write to us on Facebook. We will be happy to help you! Best regards, Olymp Trade team.
Answer: Hello, Benjo M. Thank you for your question. The profitability percentages in Fixed Time Trading (FTT) on Olymp Trade can vary based on several factors, including the specific asset, market conditions, and the time of day. Cryptocurrencies like Bitcoin often exhibit higher volatility, which can influence the profitability rates offered. While some assets may offer profitability rates up to 80-90%, cryptocurrencies might have lower rates due to their inherent market risks and rapid price fluctuations. These rates are adjusted to reflect the current market environment and to ensure a balanced trading experience for all users. For the most accurate and up-to-date information on profitability rates for each asset, please refer to the asset list on the Olymp Trade platform. Additionally, utilizing the platform's educational resources and tools can help you make informed trading decisions. If you have further questions or need assistance, feel free to reach out to our support team. Best regards, The Olymptrade Team
Answer: Yeah, you just gotta select it in the withdrawal section of your dashboard. That's pretty much it
Answer: I think one of the coolest features of this broker is ability to open cryptocurrency trading account and fund it with crypto. Broker gives clients opportunity to use USDT as base currency of account. And USDT can be deposited to account by crypto transfers. USDT exchange rate doesn't differ from real dollar exchange rate, so there is no need to worry about conversion of this currency. And at the same time, USDT has many advantages in relation to the real dollar. So for me this feature of broker is the most significant.
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.
Hello, Tanakrit P.
Thank you for your wonderful review!
We're thrilled to hear that you find our platform cutting-edge and beginner-friendly. Making trading accessible and understandable for new traders is one of our top priorities. It's great to know that your experience with us has been positive and that our platform stands out from others you've tried.
We're glad to hear that your crypto trading journey is going well with the help of your friend's advice. If you have any questions or need further assistance, please don't hesitate to reach out. We're here to support you every step of the way.
Best regards,
Olymp Trade Team