In this review of Olymp Trade, it is important to look at the trading platform. At first glance, the platform looks very clear and user-friendly. After some practice, you will feel very comfortable. With Olymp Trade you can use the version for your computer or for your smartphone/tablet as an app. Based on my comparison with other trading brokers, I will show you the pros and cons of Olymp Trade.
- Also, you can use the analytical section on the site to explore price movement, using various indicators of the analysis.
- Here, there’s a maximum withdrawal limit per time that depends on the tier of account you have, but it’s nevertheless easy and not complicated.
- Any good broker needs to ensure that they have decent app.
- Again, searching through the FAQs provides little to no information, and speaking to live chat is what we have to base additional information on.
- You can trade with real money without a full verification of your account.
- As a professional broker, Olymp Trade offers a free and unlimited demo account for its traders.
Olymp Trade reviews
The broker’s bespoke platform is easy to navigate and delivers a fairly intuitive charting experience. That said, the asset line-up is not as wide as competing brands and fees are not the most competitive. On the negative side, experienced traders will be olymp trade review unsatisfied by the lack of advanced analysis tools and research. Fees are also high compared to alternatives, and the lack of top-tier licensing is a concern. We’re glad to hear you’re finding clear trends while trading crypto in Fixed Time — it can definitely offer exciting opportunities when used with the right approach.
Special features
Only on forex trades you will pay a commission per trade, based on the investment amount and the multiplier selected. Apart from that, the only fees are some minor service fees, such as the $10 inactivity fee. In conclusion, Olymp Trade is a very cheap broker with minimal fees. To deposit real money on the platform, you can use different payment methods.
- All terms, conditions can be easily viewed at bottom of pages on official website.
- Although no information is (again) not given here, we can assume that it is some sort of trading competition or league that runs for a specified duration.
- Just deposit and withdraw with different payment methods in a few seconds.
The customer support is quite comprehensive, but it is “difficult” to find unless you are looking for live chat. Then this broker only has about 800 reviews on Trustpilot, but with millions of clients, you would think that they would have more. It should be noted that no specific section is dedicated to information regarding deposits and withdrawals. As with the trading platform and blog information, you will need to scroll down the homepage to find the methods available.
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To start trading, you need replenish deposit on required amount. Or switch the button on the platform from real to demo mode. Trade with real money, earn more with correct forecasts. Yes, by placing correct trades at the right time and making profits you can become rich.
Table of content
The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. For example, if you opened a position for $500, the maximum loss of that trade is that equal amount.
To complete the registration, you are required to enter your email id. After that, you are required to select a currency (USD or EUR) and the payment mode through which you want to make deposits. In the picture below, you will see our withdrawal request. We made a payment of 90$ with the payment method Neteller. It is a very efficient method for doing international transactions.
You can improve your profit by using RSI, Bollinger Bands, Moving Average, and more. In conclusion, Olymp Trade is not so popular without reason. You get very fast access to the financial markets, and you can trade with a very high return on investment on the platform. XTB is one of the leading brokers in the industry and is great for new traders and more experienced people alike.
Is Olymp Trade easy to use?
With the necessary education, Olymp Trade helps familiarize its new users with the world of online trading and the technicalities of the industry, most of it for free. This education helps guide users towards making trades that are profitable. Olymp focuses on short-term trades, that is, trading strategies where the time duration between entry and exit ranges from a few hours or days to a few weeks.
All in all, the mobile app is another point why Olymp Trade is so popular. Traders can trade options or forex on the platform. These are two different financial products which we will discuss in the next section in detail. You can invest in these financial products in more than 200 different markets. Currencies, cryptocurrencies, stocks, ETFs, and indices are available. For every new trader, there is a unique offer of a first deposit bonus.
The most popular chart type is the Japanese candlesticks. It allows you to get more information from the chart than by using the line chart. Companies with backlink profiles far above the average are industry leaders and are trusted significantly more than competitors, making them standout choices in the market. Living on loans isn’t freedom — it’s a trap with interest. In 2025, more people are choosing a different way forward. Multilingual help is also available via email, WhatsApp, Telegram and social media profiles.
I have to mention the platform gives you the best execution for trades, and you can customize it as you want. – As mentioned before, the company is officially regulated by the IFC. This is a big advantage compared to other fixed-time trade brokers.
Olymp Trade’s services are available all around the world, except in the United States, Japan, Israel, Canada, Russia, & a few other nations. FOREX.com is authorised and regulated by the Monetary Authority of Singapore (MAS), ensuring compliance with Singapore’s financial standards. Its been a minute since I saw a broker with such a different platform. It has its ups and its downs, but the ups are much more prominent. I thought that indicators on this platform are useless.But after I read more information about some of them, I realized that they can really help to generate income. Ever since I invested with them I haven’t been paid.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Proof of payment – This is required after you’ve deposited money into your account. It’s evidence of the payment you made to deposit your cash. Olymp Trade is a registered broker in St. Vincent and the Grenadines, so any money deposited on its platform is insured by a bank. This is important as you’ll know that your money on the platform is insured from malicious activities such as hacking and theft.