Olymp can definitely be recommended for beginners who are interested in trading. Believe my experience, you don't need a manager, you need a decent terminal and training material - and that's all there is to it.
Olymp Trade is really good for beginners, but it's not so good for professional traders. I started trading there as a beginner, and Olymp Trade was one of the best opportunities to trade on the Forex. Here was education, so I learned and trained at demo account to master my skills and become a better trader.
However, when you become more skilled, you will feel that you need something more than Olymp Trade. Of course, think about this.
Hello, Robert!
Thank you for sharing your honest opinion. We are glad that you consider Olymp Trade a good platform for novice traders as it helps beginners to learn and master trading skills. However, we strive to keep the platform suitable for both: novice traders and experienced ones. To browse articles on strategies for professional traders, you can view our blog Expert section: https://blog.olymptrade.com/vip-section/
Our Status System allows traders to achieve a higher status and get additional privileges (such as individual training with a personal analyst). You can also register at the Olymp Trade MT4 platform, where you can customize the charts, add new indicators, and use Expert Advisors. Reach out if you want to learn more about the opportunities of the Olymp Trade platform for experienced traders.
Best regards, Olymp Trade team.
I don't regret joining the broker because here I have a very interesting experience. Of course, earlier I heard about fixed-time trading but I never took that seriously. Now after intensive practice I changed my mind about it. I don't wanna say that I became a big fan of fixed-time trading, but in some situations on the market it has no alternatives.
Greetings, Voong M.
Your story is incredible; thank you for sharing that with us! It is wonderful that the Olymp Trade platform has made such a difference for you. We understand that it takes some time for traders to decide if they like the trading mode or not.
We are glad that you find your favorite. Fixed Time Trade is a very interesting and promising mode. We wish you a lot of success ahead.
Best regards, Olymp Trade team.
I guess it's no problem for this broker to please any speculator regardless of his preferences. As for me, before I first tried fixed-time trading with this company, I only traded Forex and stocks. However, Olymp offers traditional trading too. Its web platform can be used either for Forex trading or for fixed-time one. All you need to do is to click on one button.
Hello, Richard!
Thank you for your 5-star review. It is wonderful that you find the Olymp Trade platform universal and convenient. Shifting from Forex to Fixed Time Trades is indeed a simple process. We wish you a prosperous trading!
Best regards, Olymp Trade team.
Stucked at the main page of the website, you know why? Because it's super interesting to me to explore this broker. I have read all the information and only then opened demo account and started trading.
I know some traders prefer ask questions customer support, but it's not about me. I am super independent and try to do everything on my own.
This broker suits me most.
Hi, Tisorn Y!
Thank you for taking the time to share your experience with us. We are charmed by your analytical approach to starting trading and choosing a broker. Wish you a productive trading!
Best regards, Olymp Trade team.
With olymp you can open new trading opportunities for yourself. It gives freedom to try new features and upgrade your trading systems.
Olymp trading platform is giving new trading experience. Charts are friendly, time frames start from 15 sec, so you can scalp easily. Indicators and oscillators are beneficial in analyzing market situations.
Olymp is famous by its blog and community of free people with common interests. Try it.
Hello, Philip M!
Thank you for choosing the Olymp Trade platform. We are thrilled to have you as part of our friendly and cohesive community. So it is splendid for us to hear that our trading platform opens new opportunities to expand your potential. We aim to provide all our traders with the possibility to learn and evolve with us.
Keep going forward and have a successful trading!
Best regards, Olymp Trade team.
Having read revies about this broker. I decided to go with them to. I checked their platform first using a demo account, once I got accustomed with the layout, I wanted to make the first deposit.
I was lucky as the deposit process here is really simple. I just clicked "payments" button on the platforn then chose "deposit" and selected bank card as payment method. The process was fast and my money was in my account's balance.
I just think making a seperate pop up menu for payments in the diffrent location (perhaps left side) in the platform would be a bit better...
Hello, Wanlop T.
Your idea looks promising. Thanks for sharing!
We’ve forwarded it to our developers for consideration.
Best of luck,
The Olymp Trade team
I started trading with Olymp Trade recently. My registration was smooth and fast. I am an old school trader and got used to trading on the Metatrader platform. But they have their own platform and I should admit it is more modern than MT but it is kind of complex for me. I couldn't get how to use pending orders and then the support team helped me with a detailed response.
Hi, Dewi R.
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 have been trading the financial markets for over 3 years. During this time I had trading accounts with many brokers. Sometimes I changed broker because of trading conditions and sometimes because of new trading strategy and indicators.
Now I have a trading account at Olymp Trade.
I didn't think I would ever trade on an online platform. I always thought their functionality was limited.But now I'm looking for simplicity and convenience. Maybe that's why I opened an account here.
Hi, Ruang Rit R!
Thank you for the review. It is always a pleasure to see such positive feedback. Simplicity, convenience, and functionality are the three whales on which our project have based. We are pleased to change your mind and provide an online trading platform with high functionality.
Wish you a good trading!
Best regards,
Olymp Trade team.
Olymptrade is a scam I did a withdrawal request and they should have deposited me 2225.93 EGP but instead they gave me 34.55 dollars which accumulates to: 1065 EGP. I already told them this issue and said to me that I have to wait for 5-14 days so I can get the ARN number to check my transaction with my bank. After I waited my ARN number from their finance department I called the bank and they said that I only received 34.55 dollars which is 1065 EGP they have should deposited 72.03 dollars so I got back to them and they said I got successfully transferred this amount of money 34.55 but I was like yea but not fully? And they are saying exchange rates changes daily and try other local methods well if there is issues within the bank payment method then why did you add up this method?. Do not deposit your money and think about withdrawing your money back into olymptrade it is a scam platform.
Hello, Fares K.
On-time payouts are key for us. If more than 5 days have passed since your withdrawal request, it’s time for you to contact our support team so we can solve the issue as quickly as possible.
Best regards, Olymp Trade team.
I think many people come into this business to expand their horizons a bit and try something unusual.
And this is okey, because many other business formats require strictly standard solutions and it isn't the case for everyone.
I like that in this company I can try different strategies, assets, test my hypotheses on different timeframes.
And this can be done at any time on a demo, without risk to the capital and to my mood.
Hello, Vons L.
Thank you for your feedback. We are glad that you have chosen our platform to expand the horizons and discover a new way of earning. It is great that you are satisfied with the platform and the ability to test the strategies and hypotheses on a demo account. It is a perfect tool to train without risking the trading amount. Wish you lots of success!
Best regards, Olymp Trade team.
I like forex trading but lately I started investing. Sometimes I don't withdraw all profit from my account and I spend part of the profit to buy stocks. This is how I invest my money in shares of big companies.
Recently I started to study how Warren Buffet invested. It is quite an interesting experience and I will try to apply it in my trading.
But for now I just look for familiar company names and buy some stocks. If they go up in price I sell them.
Greetings, Lucas B.
Thank you for your feedback. We are thrilled to have you as part of our big community! We strive to provide the finest trading conditions including a strong platform, popular assets, useful customer support, and a quick withdrawal processing time. We are so happy that you agree with us.
Olymp Trade offers Fixed Time Trade, Stock, and Forex. They are interesting and promising trading modes. We think that with a little practice, you can be a pro trader in no time.
Keep up the good work.
Best regards, Olymp Trade team.
This platform is not good for trading, if compared with other trading platforms they are not real-time, secondly they have no disclaimer for purchasing and subscriptions, stating once purchased the money will not be returned, as there was a accidental purchase of a subscription of 359.88AED and contacted same day in fact the same moment in like 20min to cancel the subscription the customer service was rude and didn't want to help or cancel the subscription multiple emails were sent to cancel the subscription no response, they should have mentioned it clearly or a disclaimer should have been in place stating you will not get your money back for any purchases of our products, till date they have not tried to contact or send a email regarding the on going issue no place to contact pathetic customer service
Greetings, Divyabharathi S.
We are sorry to hear of your less than satisfactory experience and hope you will accept our sincerest apologies. We are committed to providing great customer service and we would like to make things right. Kindly leave us your ID account, and we will solve the pending for you.
Best regards, Olymp Trade team.
If you got tired of the classic old looking MT platforms and now you are looking for a platform that looks exciting, works well and designed in a way that is easy to use, you are at the right place. Conditions are very favorable too.
Hello, Fong J.
Seeing that you had a 5-Star experience is the best thing we could hope for! Your review means a lot to us. Thank you for choosing the Olymp Trade platform. We, here at Olymp Trade, pay a lot of attention to the design. We would like to provide the most functional and simple yet modern interface possible. We are more than happy that our effort met your expectation.
Wish you a lot of success!
Best regards, Olymp Trade team.
I recently decided to start trading Forex. That is why I opened an Olymp Trade demo account. I like that there is a deposit of 10,000 virtual dollars, which can then be replenished.
This means that I can train and try different trading strategies until I learn how to trade correctly and with good profit. By the way, there is an opportunity to have a profit of 80-90%. It's very cool and I think the time spent is worth it.
Hello there, Tushar!
Thank you for your review. We are pleased to know that you have formed such a positive impression of the platform. It is also great that you enjoy the free demo account. We can not agree more, it indeed is a great tool to train and try different strategies. Wish you a productive trading!
Best regards, Olymp Trade team.
The given opportunity to open a usdt account here is quite appealing.
I realize that it's so contemporary as nowadays crypto operations are highly in demand because of the security.
Olymp trade also decided to implement a specific account which you deposit with crypto and that's awesome! I think it's even better.
Plus, its dedication to skills development can't be described. It helps traders to gain new knowledge via its proprietary blog and some other educational resources located on the site.
Hello, Oman p.
Your story is incredible; thank you for sharing that with us! It is wonderful that the Olymp Trade platform has made such a difference for you. Olymp Trade offers the USDT account. Now traders can trade and make a payment in USDT. This is convenient and easy to track. We are glad that you are using a USDT account.
Olymp Trade strives to provide the finest trading conditions for our users. They include educational resources and customer support. It is pleasing that you found them useful. We wish you have a lot of trading success with Olymp Trade.
Best regards, Olymp Trade team.
Well, I can't say that I am fully delighted with my experience of trading with the olymp trade broker.
First of all, I had certain troubles verifying my identity. I quickly uploaded required documents, but they had been processing for a way longer period that I had expected.
Secondly, it was tough for me to understand how to manage multipliers, because it's not a usual leverage. It is something bigger.
Nonetheless, I should say that customer support and their custom platform work properly. Number of assets is also cool, as well as variety of modes.
Hello, Edmundo M.
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
It seemed to me that Olymp Trade is an adequate brokerage. Of course, it has its small flaws. But it doesn't directly affect my trading, and I also understand that there are no brokers without flaws. On the other hand, I haven't had any problems with trading platforms, withdrawals or other important aspects of trading. So I have no complaints about the brokerage, my trading became as comfortable as possible as soon as I started working with Olymp Trade
Hi, Christophe G.
Thank you for the kind rating. We agree that there are no perfect brokers, but we strive for excellence and put every effort into making our platform a better place. It is wonderful that you find the Olymp Trade platform convenient and reliable. We would also be grateful that you share with us the small flaws mentioned in your review. This way we will know what needs to be improved even if these imperfections do not directly affect your trading.
Best regards, Olymp Trade team.
Surplus of trading instruments, fast trading platform and mobile application, responsive customer support made me once become a client here.
That was something I looked for a pretty extensive period of time, and eventually, the fate brought me to Olymp Trade.
Today I am using different trading modes, switch between assets tryna find best entry points.
Hello, Khong C.
Seeing that you had a 5-Star experience is the best thing we could hope for! Your review means a lot to us. Thank you for choosing the Olymp Trade platform. Olymp Trade strives to provide the finest trading conditions. We are so happy that you agree with us.
Have fruitful trading!
Best regards, Olymp Trade team.
Their platform is very hard to get profit and once you profit, they will block your account
Fincom does nothing, same umbrella I also do not trust any other sites or any website offering binary options or others fincom is supporting
Do not believe nobody would double your money just because you have guessed what it will be in that short amount of time. It doeasnt make sense if you think about it this is las vegas type thing and even worse because you can never win.
Greetings, Summer S.
We are sorry you came to that conclusion. Olymp Trade is a trusted broker certified by the regulator - Finacom. We do not do anything by rules that violate us to lose our certification.
It is a pity that you suffered from a loss in trading. You can check your price history on the platform. To do this, go to the "Help" section of the platform and select the "Assets" menu. Once you have selected the asset you wish to review, you can find information about its quotes in the "Price History" submenu. You can select the date and time of the quote you want to check there.
We also have an independent department to handle such complaints. If you feel disagree with the outcome of the transaction, they will review it. Please email Claim@olymptrade.com with the details.
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.
Thanks for the feedback, Imrul! We try to provide perfect conditions for both beginners and experienced traders. Our educational base provides varied materials about trading strategies and principles. We wish you all the best and fruitful trading!
Best regards, Olymp Trade team.