In fact, I have quite high requirements for a brokerage company. And I'm even surprised that I've been working here for quite a long time. In general, I am satisfied with the conditions that are provided here. Although I lack a little emphasis on professional trading with large capital.
But I can say with confidence that just ideal conditions have been created here for beginners - demo, webinars, withdrawal of money with an unused bonus, etc.
The approach of the broker is rather unusual. They don't focus on MetaTrader lovers, offer extra-low initial deposit along with a free demo. That's rather cool thbat you can test the platform and the service before actually invest more in this activity.
Hi, Lauro! We are happy to provide a good platform and services. Wish you a pleasant experience with Olymp Trade!
Best regards, Olymp trade team.
I'm raising money here, I've already increased my deposit threefold.
Olymp Trade is the best site for making money on FTT.
I have been trying the old interface for the first time and it worked fine too. I have tried other sites, but this one is the best and the most efficient in terms of modernity, convenience and payouts, the platform has an extensive knowledge base for traders, video lessons and strategies for competent trading. Specialists prepare daily analytical reviews of the market to help users make profits.
Yes, analytics help. I hope it continues to be like this.
Hi there, Christopher B!
Thanks for your trust. It means so much when our traders share their experiences. It is great that you have increased your deposit three times. You have a good trading result. We are glad that you are enjoying trading with Olymp Trade.
It is excellent that you apply the received knowledge in practice. We are pleased to know that our educational materials helped you.
Keep up the good work, your attitude is highly motivating!
Best regards, Olymp Trade team.
In my experience, I can say that trading with Olymp is quite interesting, as you enjoy trading with a deposit of only $ 10. Also, the minimum deal you can make is $ 1.
Its simplified system makes it unique, and various types of accounts and bonuses are available.
If you want to learn and trade with professionals, Olymp Trade Academy is what you need.
Hi, dear Manoj!
Thank you for sharing your experience with us. We are glad that you enjoy trading with the Olymp Trade broker. It is also great that you have marked the straightforward interface of the platform and affordable minimum deposit amount. We are thrilled to have you as a member of our large community. Wish you lots of success!
Best regards, Olymp Trade team.
Ability to switch between trading modes right on the platform just blew my mind.
I can trade several financial instruments in parallel in different modes.
I usually open a chart of some asset and analyze it in order to understand which of the modes I can make money in.
Greetings, Ahmed E.
Thanks so much for sharing your experience with us. Yes, at Olymp Trade, you can switch from one to another trading mode in one click. We would like an Olymp Trade platform that is user-friendly, functional, and efficient.
Wish you lots of success.
Best regards, Olymp Trade team.
I like that Olymp trade is very cost effective, trading fees are reasonable, no spreads, and it has realy nice assets you can traade with. The trading conditions are very conducive for anyone to start and pick up speed in the industry. I highly recommend the broker.
Hi, Juan L.
Thanks for your feedback!
Stay tuned for more updates.
All the best,
Olymp Trade
For the first time I saw here that you can choose not only from a fixed range of timeframes, but also independently choose the time that is convenient and profitable for you. Of course it's not always necessary, but sometimes there are situations on the market where you have to react instantly and I would even say that it's non-standard. And in this case it may be the best solution. I would also advise other brokers to introduce such a feature, it's very convenient and accurate and it will interest clients.
Hi, dear Noah!
We are proud to be your broker company and improve our services for you. Have a successful trading!
Best regards, Olymp trade team.
I heard a lot about this brokerage company. The fact that first attracted my attention to this platform was that the company managed to combine fixed-time and Forex trading on one platform. I decided to check it out and signed up with the broker. I didn't hesitate because I knew that their minimum depo was very affordable - just ten bucks.
So, I can say that fixed-time is not for me. It's too unpredictable for me. I prefer to trade on Forex and here the broker offers interesting tools. I tried to trade with fixed amounts and experimented with multipliers value. I think that it could be useful when testing potential breakouts. I'm still in the process of testing these features. I want to make the most of it.
Another thing that makes me stay with this broker are risk-free trades. I also want to try this. I hope I will manage to grasp one by promotions on trader's way program offered by OT.
Hi there, Bambang S.
We are thankful for your positive feedback. We are glad that you appreciate the opportunity to practice both trading modes on one platform. Switching between Fixed Time Trades and Forex is also a simple process that gives our traders more flexibility. Wish you a successful trading!
Best regards, Olymp Trade team.
I know that most brokers have problems with support. I tell you the truth that OlympTrade has a good support service. If I have any questions, they answer me quickly.
If we talk about trading, then everything happens without errors.
I withdraw money normally.
Hello, Habiba!
Thank you for a 5-star review. We are happy to know that you appreciate the high quality of our support service. It is extremely important for us that our traders receive quick feedback and get prompt resolution of all appearing issues. Wish you a successful trading!
Best regards, Olymp Trade team.
I have spent almost a month searching for a proper broker and all of brokers which I faced didn't satisfy my needs until I have met this one. I tried to find a broker with the lowest sum of minimum deposit mainly because I wanted to try boosting my account with leverages. There is an astonishing system of leverages, they are called here multiplicators. Basically, the technology is the same, however it seemed me more convenient rather than classic leverages. Highly recommend this broker if you are in search of new experience.
Hello, Mohammed O!
We are incredibly grateful that you took the time out to leave us a 5-Star review. It's nice to hear that we have satisfied your high requirements. It is wonderful that you enjoy the Olymp Trade platform's features. We are pleased to know that you find the multiplier a distinguishable advantage of the platform.
Have fruitful trading!
Best regards, Olymp Trade team.
So I decided to try a new direction for myself and tried with FTT, for this purpose I chose Olymp Trade brokerage company and started to check their documents, everything turned out to be in order. I asked my friends who had started with this company and they said everything was all right. I also studied the reviews and after that I opened an account. You could start with any amount starting from $10, you do not need to have a lot of money right away. In addition, I realized that I had to practice and therefore I opened a demo account. Of course, it took time to thoroughly study and learn everything. After a few months I got small results and my first profit. I am very happy for me.
By the way, the broker has an excellent unique proprietary trading platform where you can switch between forex and FTT modes.
Hello, Emmanuel V!
Thank you for leaving us such a thoughtful review. It's nice to hear that you appreciated the design and functionality of Olymp Trade. The trust of traders is valuable to us, so we are glad to be a proven and reliable broker. The approach of education and training on a demo account is the most optimal. We are glad that you have already started to get results and profit.
We wish you trade prosperity!
Best regards, Olymp Trade team.
A friend recommended me Olymp Trade, he has been trading here for several years. It was tempting that the company did not fail with the payment of earnings, and this is true. For six months of work on this platform, I was not disappointed. I have withdrawn $ 300-500 three times, everything is ok.
It is a fairly popular broker now. Pays money steadily. During the time that I have been cooperating with him, payments have never been delayed. Clear and user-friendly design, immersive even with a poor internet connection. I try to work on short-term trades, as this is the most suitable option for me.
Hello!
Thank you for choosing the Olymp Trade platform. We are pleased that we have managed to meet your expectations. It is great that you enjoy the platform's clear and user-friendly design. We are also glad that you have noted a fast withdrawal speed. Keep up the good work!
Best regards, Olymp Trade team.
An important advantage for newcomers to Olymp Trade is the minimum deposit of $10, which allows even those that don't have much experience or money to risk. It's also a beneficial opportunity to practice Forex trading and not be afraid of losing a lot of money. The broker developed its own platform that works without mistakes and constantly gets new functions. Due to its own development to make changes and corrections, the broker actively develops and takes into account the wishes of traders. That's what makes Olymp Trade more competitive among the large number of brokers-competitors. Olymp provides the opportunity to view free trading lessons, learn how to analyze the market, and recognize trading signals. All these features make Olymp trade a good choice fot both novice and experienced traders, as all of them will find needed functions and tools.
Thank you so much for the feedback!
Hi, Osman! We are truly happy that you like the platform!
Have a successful trading with Olymp Trade!
After a 2 years of trading with Olymp I can say that this brokerage is maybe the best place to start trading. It offers really too much educational opportunities and communication with other traders, so you can not only trade and learn, but also find some mates that would help you with advices. Really, all things social and educational are very strong here in Olymp.
The other thing is that trading itself has some cons. First of all, I don't like there's no spreads, there is comission instead. The second cons is the Olymp Trade status system, I liked previous VIP accounts much more.
Hello, Darim.
Thank you for sharing your thoughts and observations with us. We are pleased to know that you appreciate the variety of educational opportunities on the platform. We also understand that it is important to stay in touch with other traders to share opinions and experiences. Which is why we provide the places for communication, for example, in our Facebook community. We understand your point of view, it is sometimes hard to accept the changes. We would be grateful if you give our status system a chance and discover its advantages. Please, do ask any questions if they appear.
Best regards, Olymp Trade team.
I've deposited amount on October 03
I've deposited amount on October 03,2023... But it's not reflecting yet. Please add my amount into my account soon as possible. Already mailed 6 to 7 times... I don't think your team is working on my request. Every time they are asking for payment screenshot. Even I shared 2 more times. I got my money back anyway with the intervention of finassetrack.tech.
User ID: *******
Date of experience: October 03,2023
Hello, Courtney Q.
We are informing you that we have sent a request to update your review. It pursues advertising goals and promotes a suspicious link. As the mentioned website is potentially harmful to Sitejabber users, we kindly ask you to update the review. In another case, we will have to flag this review for removal.
Best regards, Olymp Trade team.
I'm not trading on a real account here yet because I'm in the process of exploring this broker. I can say that it intrigues me. Earlier I worked with classical platforms such as Metatraders. They always suited me but at the same time I had a strong interest in new solutions. A web platform from this broker met my expectation as for a possibility to try a novelty. I don't think that it's the only platform that allows to trade with fixed amounts. I already saw similar ones. Nevertheless, such platforms are very rare, so I couldn't overlook such a rare thing.
In general, I appreciate to decide how risky each of my trade will be. It motivates me to trade more actively.
Hello, Puspitos P.!
Thank you for reaching out to us. We are glad that our platform caught your eye and you have decided to give it a try. We are trying hard to provide our customers with the best trading platform there is. If you face any difficulties or have any questions, just contact us! We are open for communication in online platform chat https://olymptrade.com/ or in the official Facebook community https://www.facebook.com/olymptradecom/. Have successful trading!
Best regards, Olymp Trade team.
Lately Olymp trade stock price mode became my favorite thing for me. It's all because I always tend to trade mid or long-term, as my analytics worked only in regards to these timeframes.
I decided to try stocks as trading assets and it paid off. I believe it's all about the nature of stocks trading. They are more wired to prolonged analysis, fundamental factors etc.
Plus I like to research all the reports of the companies, read numerous documents about their financial prosperity.
Greetings, Jaume T.
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. Stocks are a very interesting and profitable trading mode. It gives traders more sense of investment for mid and long terms.
If your trading style is trading within the long timeframe. Stock trading mode is a suitable choice for you. It is true that Stock needs you to work on reports, economic events, and documents. We believe with these skills, you will be successful with stock.
Have fruitful trading!
Best regards, Olymp Trade team.
Olymp Trade is a special broker for me. Some brokers are known for their special trading conditions, while others stand out from others due to unique features. In this case, it's all about its web platform. This tool simply allows me to trade differently. It allows to try different approaches to trading. For example, it allows to determine how risky your trades will be. I can choose a fixed amount and a multiplier value (leverage) based on my confidence in my market forecast. Respectively, I can risk more or less. When trading fixed amounts, it's not necessary to use stops because a chosen amount is already a stop-loss, although it's possible to use stops here. It gives new opportunities in trading.
Hello, dear Dalimin!
Thank you for such positive feedback. It is exciting that the Olymp Trade platform allows you to try different approaches and regulate the risks for each trade. We are glad that using fixed amounts gives you new opportunities in trading. Wish you lots of success!
Best regards, Olymp Trade team.
In spite of the fact that I've been trading for several years, I also find something new and interesting in olymp trade educational center. There are so many different trading strategies and some other trading lifehacks, so that I made a rule to visit education on the regular basis.
Apart from that, the experts also cover some current financial news which have certain impact on the market. I don't really use fundamental analysis in my trading, but I still find it useful to have a clear-cut picture of the current status quo which is predominant on the market. That helps, actually!
Greetings, Tri P!
Thank you so much for taking the time to leave us a 5-star review. We appreciate it. We also find it useful to listen to trusted financial experts.
It's brilliant that you continue the regular education process. The world of trading does not standstill. New strategies and other trading life hack regularly appear. That's why it's so important to stay up to date with the news.
Keep up the good work!
Best regards, Olymp Trade team.
I'm a loyal Olymp Trade customer and I like the way this company works. I contacted the support team, but I couldn't get a full and clear answer. If anyone knows the answer and can explain it to me in detail, I would be very grateful. I cannot understand how the multiplier differs from the leverage. After all, both of these instruments mean that the broker gives me money on credit and I trade on them? If so, what is the difference? I also can't understand why I need them and what their specific advantages. If someone has used such features and has detailed information, so please, let me know.
Hello there! Thank you so much for your question.
First of all, our company never loans any amount of funds. You can use only your deposit for trading. The maximum amount of loss per deal cannot exceed the amount of the deal.
We don't have leverage tools on our platform and provide an opportunity to use the multiplier in your deals. Multiplier is one of the major tools in forex. This allows you to increase the profit potential of your deal.
It has a very simple mechanism of work. Let us explain this in detail.
Let's assume you buy EUR/USD, your investment amount is $50, and your multiplier is one. If the price goes up 10%, your profit will be $5 ($50 x 10%).
However if instead of one you specify 20 as a multiplier your investment amount will rise to $1,000 ($50x20).
As you can see, your profit has been multiplied by 20, and this is how the multiplier works.
This is like the speed of a car: the greater it is, the faster you reach your destination. However, high speed brings with it more risk. If you forecast will be wrong your loss will be increase on the multiplier amount as well.
For novice traders, we recommend using a minimum multiplier, which equals 1, in order to avoid risks in case the market moves against you. As you acquire skills and experience, you can also increase your multiplier.
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, Baysal I.
Thanks for your trust. It means so much when our traders share their experiences. It is wonderful to know that we have met your high requirements. We strive to provide equal opportunities to grow and improve trading skills for beginning traders as well as experienced ones. It is great that you have noted that the platform is suitable for novice traders since it provides all the instruments required for a successful start. Have a prosperous trading!
Best regards, Olymp Trade team.